Broadridge Financial Solutions, Inc. · NYSE:BR
Broadridge Financial Solutions — Investor Presentation (September 2025)
56 slides from Broadridge Financial Solutions's investor presentation, Sep 5, 2025
Slide 1: Powering and transforming financial markets
Powering and transforming financial markets Investor Presentation September 2025 EXHIBIT 99.1
Slide 2: Forward-Looking Statements
2 Forward-Looking Statements This presentation and other written or oral statements made from time to time by representatives of Broadridge Financial Solutions, Inc. ("Broadridge" or the "Company") contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform A
Slide 3: Use of Non-GAAP Financial Measures, KPIs and Foreign Exchange Rates
3 Use of Non-GAAP financial Measures, KPIs and foreign exchange rates Use of Non-GAAP Financial Measures This presentation includes certain Non-GAAP financial measures including Adjusted Operating income, Adjusted Operating income margin, Adjusted Net earnings, Adjusted earnings per share (“EPS”), F
Slide 4: Broadridge is powering and transforming financial services
4 Broadridge is powering and transforming financial services Unique network and business model with a clear growth strategy across our three franchises Platform-based model with recurring revenue structure creates unique value for clients and investors Steady and consistent earnings growth and capit
Slide 5: Long track record of delivering growth and shareholder value
5 Broadridge has a long track record of delivering growth and shareholder value Total Revenue ($B) 10% Recurring Revenue CAGR 13% Adjusted EPS CAGR (Non-GAAP) 19% Annualized TSR Note: Information about our use of Non-GAAP measures and reconciliations to GAAP measures may be found on slides 44-55. TS
Slide 6: We have a unique network and business model
6 We have a unique network and business model Regulatory Bodies & Trade Associations Broker-dealers & Wealth Managers Investors Public Companies & Funds 10,000+ Corporate issuers 1,000+ Banks and broker-dealers 30,000+ Mutual funds and ETFs 200,000+ Financial advisors 150,000+ Institutional sharehol
Slide 7: Powering a scale business at the intersection of financial services
7 Powering a scale business at the intersection of financial services Wealth Managers 30,000+ Mutual funds and ETFs 120,000+ Institutional shareholders 170M+ Retail shareholder accounts Capital Markets Firms Asset Managers Corporate Issuers • 15 largest U.S. wealth providers • 30% U.S. advisors for
Slide 8: We serve a $225B addressable market of which $60B+ is vended
8 We serve a $225B addressable market of which $60B+ is vended Source: McKinsey & Co. Governance Capital Markets Wealth & IM $25B $24B Broadridge Vended Addressable Market 27%73% Total Addressable Market $12B $225B $60BBR Vended
Slide 9: Our growth is underpinned by secular demand drivers
9 Our growth is underpinned by secular demand drivers Digitization of communications Acceleration of trading Democratization of investing Data and artificial intelligence Regulation Governance Capital Markets Wealth & IM
Slide 10: We have aligned our business around these long-term drivers
10 We have aligned our business around these long-term drivers Extend Governance ▪ Scaled to enable doubling of equity and fund positions ▪ Crossed $100M threshold in digital revenues ▪ Expanded data & analytics with European fund data, board reporting ▪ Extended our capabilities across the entire t
Slide 11: We have a clear plan for long-term growth
11 Driving Democratization and Digitization in Governance ✓ Drive democratization in regulatory communications ✓ Digitize communications ✓ Leverage data for asset management ✓ Simplify corporate governance Simplifying Trading in Capital Markets ✓ Optimize trading and connectivity ✓ Simplify post-tra
Slide 12: Investor Communication Solutions (ICS)
Investor Communication Solutions (“ICS”)
Slide 13: We continue to extend our strong and growing Governance franchise
13 FY'21 FY'22 FY'23 FY'24 FY'25 We continue to extend our strong and growing Governance franchise $2.7B ICS Recurring Revenue Avg. annual growth 8% 11% Regulatory Data-Driven Fund Solutions Issuer Customer Communications 7% 12% 05% Note: Growth in constant currency. Information about our use of Non
Slide 14: We have a unique network and business model…
14 We have a unique network and business model… Regulatory Bodies & Trade Associations Broker-dealers & Wealth Managers Investors Public Companies & Funds 10,000+ Corporate issuers 1,000+ Banks and broker-dealers 30,000+ Mutual funds and ETFs 200,000+ Financial advisors 150,000+ Institutional shareh
Slide 15: Sustainable fundamentals underscore consistent position growth
15 Sustainable fundamentals underscore consistent position growth Position Growth (~9%) More Positions per Investor (5-7%) More Investors (2-4%) Investing Population Growth Market Participation Growth Population growth brings new investors An increasing portion of the population invests Demographics
Slide 16: Driving democratization and digitization in Governance
16 Enable democratization via next-gen Regulatory Deliver Data-Driven Fund Solutions Simplify governance for Issuers Transform omni-channel Customer Communications GROWTH OPPORTUNITIES • Continued equity, mutual fund, and ETF position growth • Constant need for innovative compliance solutions • Glob
Slide 17: Global Technology & Operations (GTO)
Global Technology & Operations (“GTO”)
Slide 18: Leading technology provider for capital markets and wealth management
18 FY'21 FY'22 FY'23 FY'24 FY'25 Broadridge is a leading technology provider for capital markets and wealth management $1.8BGTO Recurring Revenue Avg. annual growth 11% 7% Capital Markets Wealth & Inv. Mgmt. 14% Note: Growth in constant currency. Information about our use of Non-GAAP measures and re
Slide 19: Capital Markets: Broadridge technology powers the entire trade lifecycle
19 Capital Markets: Broadridge technology powers the entire trade lifecycle Initiate order Buy-side Sell-side Middle-office Lifecycle Events • Trade Confirmation • Allocation of Trade to Sub-accounts • Trade Validation Middle-office Matching and Allocation Market Participants Back-office Lifecycle E
Slide 20: Component based ecosystem with open architecture for wealth management
20 Component based ecosystem with open architecture that redefines wealth management technology Flexible, scalable platform designed to help firms drive innovation and perform more efficiently Delivers digital, modernized advisor capabilities with easy integration through published APIs Integrated t
Slide 21: Clear growth strategy across Capital Markets and Wealth Management
21 GROWTH OPPORTUNITIES We are executing a clear growth strategy across Capital Markets and Wealth Management • Personalizing the investor experience • Optimizing advisor productivity • Digitizing operations • Optimizing trading and connectivity • Simplifying post-trade • Delivering transformation a
Slide 22: A financial model powering sustainable long-term growth with high returns
A financial model powering sustainable long-term growth with high returns
Slide 23: Strong business and financial model positioned for long-term growth
23 Broadridge’s strong business and financial model is positioned to drive sustainable, long-term growth Recurring Revenue Balanced Capital Allocation TSR Adjusted EPS ~100% Free cash flow conversion and mid-to-high teen ROIC 7-9% Sustainable growth (5-8% organic) 8-12% Steady and consistent growth
Slide 24: Steady earnings growth and capital return compounding TSR
24 Note: Information about the use of Non-GAAP measures and reconciliations to GAAP measures may be found on slides 44 – 55 Our steady and consistent earnings growth and capital return has resulted in a compounding TSR business… $1.20 $3.90 FY'16 FY'26 Est. $2.47 $8.55 FY'15 FY'25 13% 10-year CAGR E
Slide 25: Model begins with Recurring revenue growth anchored in Closed sales
25 65% RECURRING DISTRIBUTION EVENT-DRIVEN $6.9B FY’25 TOTAL REVENUE REVENUE COMPOSITION RECURRING REVENUE GROWTH Growth in constant currency Note: Information about our use of Non-GAAP measures and reconciliations to GAAP measures may be found on slides 44 – 55. FY’24 Recurring revenue reflects a n
Slide 26: Organic Recurring revenue growth of 5-8% for FY'24-FY'26
26 The demand for our products and secular tailwinds supports organic Recurring revenue growth of 5-8% for FY’24-FY’26 RECURRING REVENUE GROWTH RECURRING REVENUE GROWTH DRIVERS Beginning Recurring revenue Closed Sales Client Losses Internal Growth Acquisitions Ending Recurring revenue 5-7pts (2)pts
Slide 27: Long history of expanding margins
27 10 40 80 120 40 60 60 110 20 50 FY'16 FY'17 FY'18 FY'19 FY'20 FY'21 FY'22 FY'23 FY'24 FY'25 20.5% FY'16 FY'25 AOI MARGIN EXPANSION HISTORY (bps; NON-GAAP) 50 bps Avg Annual Expansion Target 10 Year average Annual AOI margin expansion 60 bps Broadridge has a long history of being able to expand ma
Slide 28: Operating leverage through scale, digital growth and cost efficiency
28 Broadridge generates operating leverage through scale, higher- margin digital growth and cost efficiency, allowing us to fund growth investments while delivering margin expansion RECURRING REVENUE GROWTH EARNINGS GROWTH BALANCED CAPITAL ALLOCATION Scale Digital Expense Mgt & Efficiency Investment
Slide 29: Investments are a key part of our financial model
29 Investments are a key part of our financial model. We invest in high return opportunities that enable us to sustain a high level of Recurring revenue growth RECURRING REVENUE GROWTH CAPEX Client Platform Investment OPEX Medium Term Long Term Product Enhancement Digital (e.g. InFocus) DLR Sales &
Slide 30: Strong and balanced capital stewardship
30 We are committed to strong and balanced capital stewardship… M&A Internal Investment Dividend Share repurchase Maintain investment grade Drive ~100% FCF conversion, monetize recent investments, return ROIC to mid-high teens Capital Allocation Priorities ✓ Fund high return internal investments ✓ G
Slide 31: Model has consistently delivered on three-year objectives
31 This model has consistently delivered on its three-year objectives over multiple cycles CAGR 3-YEAR OBJECTIVES FY’24 – FY’26 FY’24 RESULTS FY’25 RESULTSFY’14 – FY’17 FY’17 – FY’20 FY’20 – FY’23 Organic Recurring revenue growth1 5% 5% 8% 5 – 8% 6% 5% Recurring revenue growth 7%2 7% 11%3 7 – 9% 6%
Slide 32: Fiscal Fourth Quarter and Full Year 2025 results
Fiscal Fourth Quarter and Full Year 2025 results
Slide 33: Key messages as of August 5, 2025 earnings call
33 Key messages as of August 5, 2025 earnings call Broadridge’s fourth quarter drove strong FY’25 results including 7% Recurring revenue growth constant currency, 11% Adjusted EPS growth, and Closed sales of $288 million Broadridge is executing on its growth strategy across Governance, Capital Marke
Slide 34: Fiscal year 2026 guidance
34 Fiscal year 2026 guidance as of August 5, 2025 earnings call FY’26 GUIDANCE Recurring revenue growth constant currency (Non-GAAP) 5 – 7% Adjusted Operating income margin (Non-GAAP) 20 – 21% Adjusted earnings per share growth (Non-GAAP) 8 – 12% Closed sales $290 – $330M
Slide 35: Summary financial results
35 $ in millions, except per share data Q4’25 Inc./(Dec.) FY’25 Inc./(Dec.) Recurring revenues $1,424 7% $4,508 7% 8 7 Total revenues 2,065 6% 6,889 6% Operating income 499 13% 1,189 17% Adjusted Operating income (Non-GAAP) 558 (0%) 1,411 8% Adjusted Operating income margin (Non-GAAP) 27.0% (180 bps
Slide 36: Fourth quarter 2025 Recurring revenues
36 Q4'24 Q4'25 $1,424 +7% 8% 9% 9% 6% 5% 2% 7% 2% FY'21 FY'22 FY'23 FY'24 FY'25 FY'26 Guidance 16% 10% 9% Fourth quarter 2025 Recurring revenues Q4 RECURRING REVENUES FISCAL YEAR RECURRING REVENUE GROWTH $ in millions; growth in constant currency Information about our use of Non-GAAP measures and re
Slide 37: Fourth quarter 2025 segment Recurring revenues
37 $179 $285 Q4'24 Q4'25 $176 $146 $122 $515 Q4'24 Q4'25 Fourth quarter 2025 segment Recurring revenues Regulatory Customer Comms. Data-Driven Fund Solutions Issuer 3% 3% (0%) 8% ICS RECURRING REVENUES GTO RECURRING REVENUES $959 $ in millions; growth in constant currency Information about our use o
Slide 38: Key volume drivers: position and trade growth
38 FY’24 FY’25 10Y Avg. Equity 6% 16% 11% Equity Revenue N/A 12% N/A MF / ETF 3% 7% 7% Internal Trade Growth 13% 13% 8% 7% 3% 11% 15% 18% 11% 14% 6% 6% 5% 6% 7% Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Key volume drivers: position and trade growth 15% 10% 13% 14% 14% INTERNAL TRADE GROWTH EQUITY & MUTUAL FUND/
Slide 39: Operating income margin and Adjusted Operating income margin
39 Q4'24 Q4'25 Operating income margin and Adjusted Operating income margin 18.1% 18.7% 19.8% 20.0% FY'21 FY'22 FY'23 FY'24 FY'25 24.1%22.7% +60 bps +110 bps OPERATING INCOME MARGIN ADJUSTED OPERATING INCOME MARGIN (NON- GAAP) 27.0% +20 bps 28.8% Information about our use of Non-GAAP measures and re
Slide 40: Closed sales
40 FY'21 FY'22 FY'23 FY'24 FY'25 Closed sales $ in millions $246 FY'24 FY'25 $450 $430 $342 $280 CLOSED SALES RECURRING REVENUE BACKLOG 11% 10%% OF RECURRING REVENUE $288 $231 1. Recurring Revenue Backlog represents an estimate of first year revenues from Closed sales that have not yet been recogniz
Slide 41: Free cash flow conversion
41 Free cash flow conversion FREE CASH FLOW CONVERSION 1,2 1. Free cash flow conversion equals annual Free cash flow divided by Adjusted Net earnings 2. Information about our use of Non-GAAP measures and reconciliations to GAAP measures may be found on slides 44 – 55 84% 48% 90% 102% 104% FY'21 FY'2
Slide 42: Capital allocation
42 M&A Client Onboarding Spend CapEx and Software SELECT USES OF CASH FISCAL YEAR 2025 Capital allocation $ in millions, except per share data 2 1. Includes Software purchases and capitalized internal use software 2. Net investments on new client conversions, including development of platform capabi
Slide 43: Explanation of Non-GAAP Measures and reconciliation of GAAP to Non-GAAP Measures
Explanation of Non-GAAP Measures and reconciliation of GAAP to Non-GAAP Measures
Slide 44: Non-GAAP Measures Explanation and Reconciliation
44 Non-GAAP Measures Explanation and Reconciliation of the Company’s Use of Non-GAAP Financial Measures The Company’s results in this presentation are presented in accordance with U.S. generally accepted accounting principles ("GAAP") except where otherwise noted. In certain circumstances, results h
Slide 45: Excluded items from Adjusted Operating income and adjusted earnings measures
45 We exclude Acquisition and Integration Costs, Restructuring and Other Related Costs, Litigation Settlement Charges, Russia-Related Exit Costs, Real Estate Realignment and Covid-19 Related Expenses, Investment Gains, the Software Charge, Gain on Acquisition-Related Financial Instrument, IBM Privat
Slide 46: Reconciliation of GAAP to Non-GAAP Measures, FY2025
46 Fiscal Year Ended June 30, 2025 Investor Communication Solutions Regulatory Data-Driven Fund Solutions Issuer Customer Comms. Total Recurring revenue growth (GAAP) 7% 6% 5% 5% 6% Impact of foreign currency exchange 0% 0% 0% 0% 0% Recurring revenue growth constant currency (Non-GAAP) 7% 5% 5% 5% 6
Slide 47: Reconciliation of GAAP to Non-GAAP Measures, FY2024
47 Reconciliation of GAAP to Non-GAAP Measures (Unaudited) Fiscal Year Ended June 30, 2024 Investor Communication Solutions Regulatory Data-Driven Fund Solutions Issuer Customer Comms. Total Recurring revenue growth (GAAP) 5% 8% 7% 1% 5% Impact of foreign currency exchange 0% 0% 0% 0% 0% Recurring r
Slide 48: Reconciliation of GAAP to Non-GAAP Measures, FY2023
48 Reconciliation of GAAP to Non-GAAP Measures (Unaudited) Fiscal Year Ended June 30, 2023 Investor Communication Solutions Regulatory Data-Driven Fund Solutions Issuer Customer Comms. Total Recurring revenue growth (GAAP) 6% 11% 12% 9% 8% Impact of foreign currency exchange 0% 1% 0% 0% 0% Recurring
Slide 49: Reconciliation of Net earnings and Operating income
49 3 Months Ended June 30, Fiscal Year Ended June 30, Dollars in millions 2025 2024 2025 2024 Net earnings (GAAP) $374.2 $323.2 $839.5 $698.1 Adjustments: Amortization of Acquired Intangibles and Purchased Intellectual Property 50.0 48.9 196.6 200.3 Acquisition and Integration Costs 7.0 2.9 18.3 3.9
Slide 50: Reconciliation of Operating Income, FY2015-2025
50 Reconciliation of GAAP to Non-GAAP Measures Fiscal Year Ended June 30, Dollars in millions 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Operating Income (GAAP) $1,188.6 $1,017.1 $936.4 $759.9 $678.7 $624.9 $652.7 $598.1 $534.0 $502.3 $468.5 Adjustments: Amortization of Acquired Intangib
Slide 51: Reconciliation of Diluted EPS
51 3 Months Ended June 30, Fiscal Year Ended June 30, Fiscal Year Ended June 30, Dollars in millions, except per share amounts 2025 2024 2025 2024 Diluted earnings per share (GAAP) $3.16 $2.72 $7.10 $5.86 Adjustments: Amortization of Acquired Intangibles and Purchased Intellectual Property 0.42 0.41
Slide 52: Restructuring and Other Related Costs footnotes
52 (a) Restructuring and Other Related Costs for the fiscal year ended June 30, 2025 consists of severance and other costs related to the closure of substantially all operations of a production facility. Costs incurred are not reflected in segment profit and are recorded within Corporate and Other.
Slide 53: Reconciliation of Diluted EPS, FY2015-2025
53 (Unaudited) Fiscal Year Ended June 30, Dollars in millions, except per share amounts 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Diluted earnings per share (GAAP) $7.10 $5.86 $5.30 $4.55 $4.65 $3.95 $4.06 $3.56 $2.70 $2.53 $2.32 Adjustments: Amortization of Acquired Intangibles and Pur
Slide 54: Free cash flow and Adjusted Net earnings reconciliation
54 Fiscal Year Ended June 30, Dollars in millions 2025 2024 2023 2022 2021 Net cash flows from operating activities (GAAP) $1,171.3 $1,056.2 $823.3 $443.5 $640.1 Capital expenditures and Software purchases and capitalized internal use software (114.9) (113.0) (75.2) (73.1) (100.7) Proceeds from asse
Slide 55: Fiscal Year 2026 guidance reconciliation
55 Fiscal Year 2026 FY26 Recurring revenue growth Impact of foreign currency exchange (a) (0.5%) - 0% Recurring revenue growth constant currency (Non-GAAP) 5 - 7% FY26 Adjusted Operating income margin (b) Operating income margin % (GAAP) 18 - 19% Adjusted Operating income margin % (Non-GAAP) 20 - 21
Slide 56: Contact Investor Relations
Contact Investor Relations broadridgeir@broadridge.com
Broadridge Financial Solutions — Investor Presentation (September 2025) on 6ix