Jack Henry & Associates, Inc. — Earnings Quality Grade C
JKHY · Technology
Some red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 50 days, change -6 days YoY
AR growth -4.7% vs revenue growth 7.2%
Revenue 7.2%, CFFO 12.9%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -0.5% vs revenue 7.2%. Normal
SG&A/Gross Profit = 27.9%, excellent (<30%)
Gross margin 42.7%, change +1.4pp. Stable
Cash Flow Quality
CFFO/NI = 1.41. Profits backed by cash
FCF $0.4B, FCF/NI = 0.90
Accruals ratio = -6.1%. Low accruals
Insufficient data
Balance Sheet Health
Goodwill+Intangibles $1.5B = 70% of equity. Over 50%
Leverage manageable
Other assets 6.2% vs revenue 7.2%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 1% YoY. Normal
Manipulation Score
M-Score = -2.73 (< -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