Broadridge Financial Solutions, — Earnings Quality Grade F
BR · Technology
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 57 days, change -3 days YoY
AR growth 1.1% vs revenue growth 5.9%
Revenue 5.9%, CFFO 10.9%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 1.7% vs revenue 5.9%. Normal
SG&A/Gross Profit = 44.4%. Normal
Gross margin 31.0%, change +1.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.40. Profits backed by cash
FCF $1.1B, FCF/NI = 1.26
Accruals ratio = -3.9%. Low accruals
Cash $0.6B covers only 16% of debt $3.5B
Balance Sheet Health
Goodwill+Intangibles $4.9B = 184% of equity. Over 50%
Debt/EBITDA = 2.3x. Healthy
Other assets -11.8% vs revenue 5.9%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 2% YoY. Normal
Manipulation Score
M-Score = -2.66 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-09
