FactSet Research Systems Inc.
FDS 7.5Price and target zones价格与目标区间
What the company does公司做什么
FactSet sells a paid data service to professional investors, bankers, and wealth advisors. It gathers company results, share prices, bond details, and economic data from around the world into one system. The software lets a user pull five years of a company's results into a spreadsheet in seconds, build financial models, and track how a portfolio performs. Each customer pays a yearly fee for each person who uses it. FactSet does not trade or give advice itself — it sells the tools other professionals use to do their own work.FactSet向专业投资者、银行家和财富顾问出售一项付费数据服务。它把世界各地的公司业绩、股价、债券细节和经济数据汇集到一个系统里。这套软件让用户能在几秒钟内把一家公司五年的业绩拉进电子表格、搭建财务模型、并追踪一个投资组合的表现。每个客户按使用它的每个人每年付一笔费用。FactSet自己不做交易也不给建议——它卖的是其他专业人士用来做自己工作的工具。
Earns from营收来源 client firms pay a yearly subscription fee for each employee who uses the service, and the fee grows as a firm adds more users, more data, or more software tools.客户公司按每一个使用这项服务的员工每年支付一笔订阅费，而且随着一家公司增加更多用户、更多数据或更多软件工具，费用还会上涨。
Read the full description查看完整介绍
FactSet Research Systems Inc., together with its subsidiaries, operates as a financial digital platform and enterprise solutions provider for the investment community. It offers data, products, and analytical applications; and workstations, portfolio analytics, and enterprise data solutions, as well as managed services for supporting data, performance, risk, and reporting workflows. The company also provides subscription-based financial data and market intelligence on securities, companies, industries, and people that enable clients to research investment ideas, as well as analyze, monitor, and manage portfolios; and solutions covering investment lifecycle of investment research, portfolio construction and analysis, trade execution, performance measurement, risk management, and reporting. In addition, it offers services through configurable desktop and mobile platform, data feeds, cloud-based digital solutions, and application programming interfaces. It operates in Europe, the Middle East, Africa, the Americas, the Asia Pacific, and internationally. The company serves investment professionals, including institutional asset managers, bankers, wealth managers, asset owners, partners, hedge funds, corporate users, and private equity and venture capital professionals. It has a strategic partnership with Google Cloud to create a new generation of AI-powered solutions for the financial industry. FactSet Research Systems Inc. was founded in 1978 and is headquartered in Norwalk, Connecticut.
What the company sells公司卖什么share of revenue营收占比
Institutional buy-side机构买方
48%This serves fund managers, pension funds, and hedge funds who choose which stocks and bonds to buy.服务于挑选买哪些股票和债券的基金经理、养老基金和对冲基金。
- FactSet WorkstationFactSet 工作站
- the main screen where an analyst looks up a company's results, share price, and news, and builds a spreadsheet model, all in one place.分析师查看一家公司业绩、股价和新闻，并搭建电子表格模型的主界面，全都集中在一处。
- Portfolio Analytics投资组合分析
- software that shows a fund manager how their investments performed and why, so they can explain results to their own investors.向基金经理展示他们的投资表现如何、原因何在的软件，好让他们能向自己的投资者解释业绩。
Dealmakers交易撮合方
19%This serves investment banks and private-equity firms who buy, sell, or merge companies.服务于买卖或合并公司的投资银行和私募股权公司。
- DealCloud
- a system that tracks every company a bank or private-equity firm is talking to about a deal, so no opportunity is missed.一个系统，追踪一家银行或私募股权公司正在洽谈交易的每一家公司，这样就不会错过任何机会。
- Mergerstat
- a record of past company mergers and sales, used to judge a fair price for a new deal by comparing it to similar past ones.过往公司并购和出售的记录，通过与相似的过往案例作比较，来判断一笔新交易的合理价格。
Wealth财富管理
16%This serves financial advisors who manage money for individual people, not large funds.服务于为个人而非大型基金管理资金的理财顾问。
- Vermilion Reporting Suite
- builds the account statements and performance reports an advisor sends a client, pulling in the numbers automatically instead of by hand.生成理财顾问发给客户的账户结单和业绩报告，自动带入数据，而不用人工手工填写。
Partnerships & CGS合作伙伴与 CGS
17%This serves other data firms, banks, and companies that need core market plumbing, not a research screen.服务于需要核心市场基础设施、而不是研究界面的其他数据公司、银行和企业。
- CUSIP Global Services
- assigns the official ID code every US stock and bond uses, so trades and records match up across the whole industry.为每一只美国股票和债券分配官方ID代码，这样交易和记录在整个行业中都能对应上。
- Open:FactSet Marketplace
- a store where other data firms sell their information through FactSet's pipes, so a customer adds new data without a separate contract each time.一个商店，其他数据公司通过 FactSet 的管道出售自己的信息，这样客户添加新数据时无需每次都单独签一份合同。
Company facts公司资料
- Founded成立时间
- 1978
- Headquarters总部
- Norwalk, Connecticut
- Employees员工人数
- 12,694
- Industry行业
- Financial Data & Stock Exchanges
- Country国家
- United States
Investment thesis投资逻辑 from the watchlist来自关注列表
📋 Cheapest wide-moat data name — was. 14.4x fwd, 52.7/32.2/25.7% margins, ROIC 17%. Moat strengthening while the market prices disruption: organic ASV +7.1% accelerating 4 straight Q, >95% retention — the inverse of Gartner. FV $290-340. Add ≤$265, strong <$220. Trim $340+. Break: ASV <4% 2Q, retention <93%, op margin <30%. A2026-07-14
📉 仅有的四只下跌股票之一。 正在向 ≤$265 的加仓位靠近。13.8x 前瞻市盈率，ASV +7.1% 且在加速，留存率 >95%。⚠️ 目标价 $255.06 低于现价。
Historical results历史业绩 past fiscal years — these values do not change过去财年——这些数值不会变动
Profit margins利润率 the share of revenue that stays as profit营收中留存为利润的比例
of every $1 of revenue每 $1 营收中的占比
- Return on equity净资产收益率
- 27%
- Revenue growth营收增长
- +6%
- Dividend yield股息率
- 1.72%
Competitors竞争对手
Why customers stay客户为什么留下
analysts build their daily spreadsheets, models, and habits around FactSet's exact layout and shortcuts over years, so moving to a rival means retraining staff and rebuilding every model from scratch.分析师们多年来把自己每天用的电子表格、模型和习惯都建立在FactSet那一套特定的布局和快捷键上，所以换到对手那里就意味着要重新培训员工、把每一个模型从头重建。
Related companies相关公司 🟡 Financial data
The same AI-disruption-to-data narrative, resolving differently per name (FDS ASV accelerating vs. IT's CV collapsing).
FDS anchors. IT is gated.