Factset Research Systems Inc. · NYSE:FDS

Factset Research Systems — Q1 2021 Earnings Presentation

19 slides from Factset Research Systems's earnings presentation, Dec 21, 2020

Slide 2: Forward-Looking Statements and Non-GAAP Measures
Forward-Looking Statements and Non-GAAP Measures This presentation may contain forward looking statements reflecting management’s current expectations based on currently available information. Actual results may differ materially from what is expressed or forecast in such forward-looking statements.
Slide 5: Truvalue Labs' Technology Driven Approach – Leveraging AI to Analyze ESG
Truvalue Labs’ Technology Driven Approach – Leveraging AI to Analyze ESG Pioneer in using AI to uncover ESG data AGGREGATE Generating both positive 100,000+ sources media, stakeholders, other 3rd parties and negative signals on EXTRACT companies 1,000,000+ data points processed per month Mapped to S
Slide 6: Key Metrics - First Quarter 2021
Key Metrics1 - First Quarter 2021 5.0% 34.3% $2.88 ORGANIC ASV2 + ADJUSTED ADJUSTED PROFESSIONAL + OPERATING + DILUTED SERVICES MARGIN EPS Driven by improved 40 basis points 12% growth YoY from results in Research higher YoY due to higher operating results improved operating results 1 Please see App
Slide 7: ASV + Professional Services Growth Rates – By Global Segments
ASV + Professional Services Growth Rates* – By Global Segments $1.56B Organic ASV + Professional Services +5% $422M $156M EMEA ASIAPAC $25M +4% +8% Pro Svcs +5% $954M AMERICAS +5% * LTM Organic ASV Growth Rate is based on last twelve months as of November 30, 2020 Copyright © 2020 FactSet Research S
Slide 9: First Quarter 2021 Financial Results
First Quarter 2021 Financial Results* (in thousands, except per share data) 5.9% 5.1% 6.9% 6.6% 30bps 40bps GAAP Organic GAAP Adjusted GAAP Adjusted Revenues Revenues Operating Operating Operating Operating 11/30/20 $388,206 11/30/20 $386,651 Income Income Margin Margin 11/30/19 $366,658 11/30/19 $3
Slide 10: Key Operational Metrics
Key Operational Metrics >95% ASV RETENTION 138,238 USER COUNT ASV retained from clients over the last twelve Number of individuals accessing FactSet’s months. workstations. No change versus 2020 | Q1 9.0% change since 2020 | Q1 90% CLIENT RETENTION 5,939 CLIENT COUNT Percentage of clients retained o
Slide 11: Returning Capital to Shareholders
Returning Capital to Shareholders (in millions except share price) $304.99 $157.16 $197.06 $270.10 $241.08 $162.62 $304 $261 $220 $200 $357 $157 $89 $100 $110 $112 $74 $81 '16 '17 '18 '19 '20 Q1 '21 LTM Cash Dividends Share Repurchases* Avg. Price * Includes shares repurchased from employee stock op
Slide 12: Business Outlook – Fiscal 2021
Business Outlook – Fiscal 20211 Fiscal 2021 Outlook Organic ASV + Professional Services Growth2 $55 - $85 million The Business Outlook - Fiscal 2021 shown here is a forward-looking statement. Given the GAAP Revenues $1,570 - $1,585 million risk factors, uncertainties and assumptions, particularly th
Slide 15: Non-GAAP Reconciliations: Organic Revenues
Non-GAAP Reconciliations Organic Revenues (in thousands) FOR THE THREE MONTHS ENDED NOVEMBER 30 (Unaudited) 2020 2019 % Change GAAP Revenues $ 388,206 $ 366,658 5.9% Deferred revenue fair value adjustment 60 1,262 Acquired revenues (375) – Currency impact (1,240) – Organic Revenues $ 386,651 $ 367,8
Slide 16: Non-GAAP Reconciliations: Adjusted Operating Income, Net Income, EPS
Non-GAAP Reconciliations Adjusted Operating Income, Margin, Net Income and Diluted EPS (in thousands, except per share data) FOR THE THREE MONTHS ENDED NOVEMBER 30 (Unaudited) 2020 2019 % Change GAAP Operating Income $ 121,031 $ 113,186 6.9% Intangible asset amortization 5,699 5,152 Deferred revenue
Slide 17: Non-GAAP Reconciliations: Free Cash Flow
Non-GAAP Reconciliations Free Cash Flow (in thousands) FOR THE THREE MONTHS ENDED NOVEMBER 30 (Unaudited) 2020 2019 % Change Net Cash Provided by Operating Activities $ 89,277 $ 95,791 Capital Expenditures $ (18,333) (26,780) Free Cash Flow $ 70,944 $ 69,011 2.8% Copyright © 2020 FactSet Research Sy
Slide 18: Non-GAAP Reconciliations: Business Outlook
Non-GAAP Reconciliations Business Outlook Operating Margin, Net Income and Diluted EPS (in millions, except per share data) FISCAL 2021 (FULL YEAR) Low End of Range High End of Range GAAP operating income $ 468 $479 GAAP operating margin 29.5% 30.5% Intangible asset amortization 25 25 Other non-recu

FactSet Research Systems — Q1 2021 Earnings Presentation on 6ix

Factset Research Systems — Q1 2021 Earnings Presentation

Slide 1: FactSet Earnings Call First Quarter Fiscal 2021

Slide 2: Forward-Looking Statements and Non-GAAP Measures

Slide 3: Agenda

Slide 4: Business Update

Slide 5: Truvalue Labs' Technology Driven Approach – Leveraging AI to Analyze ESG

Slide 6: Key Metrics - First Quarter 2021

Slide 7: ASV + Professional Services Growth Rates – By Global Segments

Slide 8: Financial Overview

Slide 9: First Quarter 2021 Financial Results

Slide 10: Key Operational Metrics

Slide 11: Returning Capital to Shareholders

Slide 12: Business Outlook – Fiscal 2021

Slide 13: Questions & Answers

Slide 14: Appendix

Slide 15: Non-GAAP Reconciliations: Organic Revenues

Slide 16: Non-GAAP Reconciliations: Adjusted Operating Income, Net Income, EPS

Slide 17: Non-GAAP Reconciliations: Free Cash Flow

Slide 18: Non-GAAP Reconciliations: Business Outlook

Slide 19: Thank you.