FactSet Research Systems (FRA:FA1) EBIT: €670 Mil (TTM As of Feb. 2026)


FRA:FA1 FactSet Research Systems Inc FRA:FA1
80 GF Score
Price €189.45
GF Value €416.26
Valuation Significantly Undervalued
! 1 Warning Sign
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What is FactSet Research Systems EBIT?

FactSet Research Systems FRA:FA1 -0.71% 80 EBIT is €670 Mil as of Feb. 2026. GuruFocus rates FRA:FA1 with a GF Score™ of 80/100 and a GF Value™ of €416.26 (Significantly Undervalued). The stock has 1 warning sign investors should review.

FactSet Research Systems's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was €147 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was €670 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FactSet Research Systems's annualized ROC % for the quarter that ended in Feb. 2026 was 15.96%. FactSet Research Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 331.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. FactSet Research Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 8.57%.


FactSet Research Systems  (FRA:FA1) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

FactSet Research Systems's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=625.908 * ( 1 - 17.41% )/( (3258.484 + 3220.238)/ 2 )
=516.9374172/3239.361
=15.96 %

where

Invested Capital(Q: Nov. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3650.978 - 176.417 - ( 253.169 - max(0, 396.838 - 612.915+253.169))
=3258.484

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3569.976 - 165.101 - ( 241.336 - max(0, 428.018 - 612.655+241.336))
=3220.238

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

FactSet Research Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=589.4/( ( (182.14 + max(-8.8850000000001, 0)) + (173.334 + max(-28.295, 0)) )/ 2 )
=589.4/( ( 182.14 + 173.334 )/ 2 )
=589.4/177.737
=331.61 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(249.985 + 0 + 109.761) - (176.417 + 140.637 + 51.577)
=-8.8850000000001

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(270.917 + 0 + 100.402) - (165.101 + 159.659 + 74.854)
=-28.295

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

FactSet Research Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2026 )
=669.781/7818.373
=8.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FactSet Research Systems EBIT Related Terms


FactSet Research Systems EBIT Historical Data

* Premium members only.

The historical data trend for FactSet Research Systems's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FactSet Research Systems EBIT Chart

FactSet Research Systems Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 404.44 473.06 596.30 650.57 667.69

FactSet Research Systems Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 178.79 173.03 173.38 176.03 147.35

FRA:FA1 vs MORN, TRU, OTCM: EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FactSet Research Systems EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FactSet Research Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FactSet Research Systems's EV-to-EBIT falls into.


FRA:FA1
80GF Score
FactSet Research Systems Inc FRA:FA1
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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FactSet Research Systems EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €670 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €670 Mil mean?
FactSet Research Systems (FRA:FA1) has a EBIT of €670 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on FactSet Research Systems.
Is FactSet Research Systems' EBIT too high?
FactSet Research Systems' current EBIT is €670 Mil. Overall, FactSet Research Systems has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FactSet Research Systems' EBIT compare to MORN and TRU?
FactSet Research Systems' EBIT of €670 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Capital Markets company?
A good EBIT depends on the Capital Markets industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on FactSet Research Systems. FactSet Research Systems's current EBIT is €670 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FactSet Research Systems stock overvalued right now?
Based on GuruFocus' analysis, FactSet Research Systems (FRA:FA1) is currently considered Significantly Undervalued. The stock's GF Value™ is €416.26, compared to a current price of €189.45 — trading 54.5% below its estimated fair value. The current EBIT is €670 Mil. FactSet Research Systems' overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For FactSet Research Systems (FRA:FA1), the current EBIT is €670 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FactSet Research Systems (FRA:FA1) Overvalued in 2026?

Based on GuruFocus' analysis, FactSet Research Systems stock appears to be undervalued. The current stock price of €189.45 is trading 54.5% below its estimated GF Value™ of €416.26. GuruFocus considers FactSet Research Systems to be Significantly Undervalued.

Key valuation signals for FRA:FA1:

  • EBIT: €670 Mil
  • GF Value™: €416.26 vs. price of €189.45 (54.5% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the FRA:FA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FactSet Research Systems Business Description

Address 45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850
FactSet provides financial data and portfolio analytics to the global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients (including wealth and corporate clients) account for over 80% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.
80GF Score

Get the complete analysis for FRA:FA1

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€189.45
Price
€416.26
GF Value