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Jack Henry & Associates

JKHY Nasdaq Transaction & Payment Processing Services Financials FY2017–FY2026

Jack Henry & Associates' revenue rose 7.1% to $2.5 billion in fiscal 2026. Its operating margin was 25.0%, up from 23.9% a year earlier. Free cash flow was $695 million, up 18.1%. It paid out $619 million in dividends and buybacks, 89% of free cash flow. The diluted share count fell 1.4%.

Last close Β· Oct 23, 2026

$162.55

0.5%
Revenue Total sales reported in the income statement.
$2.5B
7.1% vs prior year
Operating margin Operating income as a share of revenue.
25.0%
1.0 pts
Net income Profit after all expenses, interest and tax.
$503M
10.3%
Free cash flow Cash from operations minus capital spending.
$695M
18.1%
Return on capital After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
23.8%
1.1 pts
Market cap Last close times the latest diluted share count, so it is approximate.
$11.7B
Oct 23 close
P/E Last close divided by diluted earnings per share over the last four quarters.
23.3x

What Jack Henry & Associates does

No business description yet.

Legal name
JACK HENRY & ASSOCIATES, INC.
Fiscal year ends
June 30, 2026
Latest annual report
β€”
Accession Β· CIK
0000779152-26-000067
0000779152

Revenue and margins

Jack Henry & Associates had $2.5B of revenue in fiscal 2026, up 7.1% on the year before.

Revenue
Revenue
Margins, % of revenue
Gross Operating Net FCF
Margins, % of revenue
Gross Operating Net FCF

Net income and earnings per share

From fiscal 2017 to 2026, diluted EPS grew 10.1% a year. Loss periods are shown in red.

Net income
Net income
Diluted EPS
Diluted EPS

Returns on capital

After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.

Return on capital, equity and assets (annual)
Return on capital Return on equity Return on assets

Cash flow

Free cash flow was $695M in fiscal 2026, 27.3% of revenue. Cash from operations minus capital spending.

Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations Capital spending
Cash from operations vs capital spending
Cash from operations Capital spending

Dividends, buybacks and share count

Jack Henry & Associates returned $619M to shareholders in fiscal 2026, 89% of free cash flow. The diluted share count fell 1.4%.

Dividends and buybacks
Dividends Buybacks
Dividends and buybacks
Dividends Buybacks
Diluted shares outstanding (annual)

Value Jack Henry & Associates yourself

Change the assumptions and see what they imply per share. These are models, not forecasts or price targets β€” the answer depends entirely on what you put in.

Discounted cash flow

Value per share

β€”

Adds net cash of βˆ’$27.9M and divides by 72.0M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.

Earnings multiple

Value per share

β€”

Reference multiples: today 23.3x Β· peers 10.4x Β· sector 13.7x.

Balance sheet

Cash, debt and the ratios that show how comfortably Jack Henry & Associates can carry it.

Cash vs debt (incl. leases)
Cash Debt
Fiscal year endFY22FY23FY24FY25FY26
Cash and short-term investments $48.8M$12.2M$38.3M$102M$12.1M
Debt incl. finance leases $115M$275M$60.0M$0.0M$40.0M
Net debt / EBITDA 0.1x0.5x0.0xβˆ’0.2x0.0x
Debt / equity 0.1x0.2x0.0x0.0x0.0x
Interest coverage 199.1x31.9x31.1x56.6x137.9x
Current ratio 1.1x1.2x1.0x1.3x1.2x
Quick ratio 1.1x1.2x1.0x1.3x1.2x
Total assets $2.5B$2.8B$2.9B$3.0B$3.1B
Total liabilities $1.1B$1.2B$1.1B$913M$1.1B
Shareholders' equity $1.4B$1.6B$1.8B$2.1B$2.1B
Net debt (βˆ’ = net cash) $66.3M$263M$21.7Mβˆ’$102M$27.9M

Insider trades

Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.

Bought, 12 months

$0.3M

2 insiders

Sold, 12 months

$3.5M

2 insiders

Of sales under plans

0%

$0.0M

DateInsiderTradeSharesPriceValueFiling
May 14, 2026 Gregory R. AdelsonPresident & CEO, Director Bought 2,000 $133.42 $0.3M Form 4
May 14, 2026 Mimi CarsleyCFO and Treasurer Bought 375 $134.12 $0.1M Form 4
Dec 1, 2025 David B FossDirector Sold 20,000 $174.92 $3.5M Form 4
Nov 10, 2025 Shanon G. McLachlanCOO Sold 227 $160.83 $0.0M Form 4

Piotroski F-score

Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.

TestFY24FY25FY26
Net income is positive βœ“ βœ“ βœ“
Cash from operations is positive βœ“ βœ“ βœ“
Return on assets rose βœ• βœ“ βœ“
Cash from operations exceeds net income βœ“ βœ“ βœ“
Debt fell relative to assets βœ“ βœ“ βœ•
Current ratio rose βœ• βœ“ βœ•
Share count didn't rise βœ“ βœ• βœ“
Gross margin rose βœ“ βœ“ βœ“
Revenue rose relative to assets βœ• βœ“ βœ“
F-score 6 / 98 / 97 / 9
Accruals ratio βˆ’6.5%βˆ’6.2%βˆ’8.4%
Altman Z'' 6.347.637.36

Similar companies

Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.

CompanyMarket capGrowthOp. marginFCF marginROICP/EF-score
Jack Henry & Associates JKHY $11.7B 7.1% 25.0% 27.3% 23.8% 23.3x 7
WEX WEX $6.9B 1.2% 25.0% 11.8% β€” 19.7x 7 Compare β†’
Western Union WU $2.0B βˆ’3.8% 18.7% 12.5% 24.0% 5.2x β€” Compare β†’
Shift4 FOUR $50.4M 25.5% 8.4% 14.9% 6.5% β€” 6 Compare β†’
Euronet Worldwide EEFT $3.0B 6.4% 12.5% 10.2% 29.9% 10.4x 7 Compare β†’

10 years of figures

US$ millions unless stated. Hover a ratio's name for its definition.

Download CSV
Fiscal yearFY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Income statement
Revenue $1.4B $1.5B $1.6B $1.7B $1.8B $1.9B $2.1B $2.2B $2.4B $2.5B
Gross profit $612M $684M $630M $689M $695M $814M $859M $916M $1.0B $1.1B
Research and development $84.8M $90.3M $96.4M $110M $109M $121M $143M $148M $163M $176M
Operating income $342M $358M $347M $381M $399M $475M $481M $489M $569M $635M
Interest expense $1.0M $1.9M $0.9M $0.7M $1.1M $2.4M $15.1M $15.8M $10.0M $4.6M
Pretax income $341M $356M $347M $381M $398M $472M $475M $498M $586M $653M
Income tax $111M βˆ’$8.9M $75.3M $84.4M $86.3M $109M $108M $116M $130M $150M
Net income $230M $365M $272M $297M $312M $363M $367M $382M $456M $503M
Diluted EPS $2.93 $4.70 $3.52 $3.86 $4.12 $4.94 $5.02 $5.23 $6.24 $6.98
Diluted shares 0.08B 0.08B 0.08B 0.08B 0.08B 0.07B 0.07B 0.07B 0.07B 0.07B
Cash flow
Cash from operations $357M $412M $431M $511M $462M $505M $382M $568M $642M $762M
Capital expenditure $41.9M $40.1M $53.6M $53.5M $23.0M $34.7M $39.2M $58.1M $53.4M $67.1M
Free cash flow $315M $372M $378M $457M $439M $470M $342M $510M $588M $695M
Depreciation and amortization $49.7M $48.0M $47.4M $52.2M $52.5M $50.8M $48.7M $46.3M $43.7M $42.1M
Stock-based compensation $11.1M $11.8M $12.6M $16.9M $20.7M $24.8M $28.6M $28.9M $28.4M $32.5M
Acquisitions $0.0M $138M $20.0M $30.4M $2.3M $0.0M $230M $0.0M $0.0M $42.4M
Share buybacks $130M $49.0M $54.9M $71.5M $432M $194M $25.0M $28.1M $35.1M $448M
Dividends paid $91.7M $105M $119M $127M $134M $139M $147M $156M $165M $170M
Dividends and buybacks $222M $154M $174M $199M $565M $333M $172M $184M $200M $619M
Balance sheet
Cash and short-term investments $115M $31.4M $93.6M $213M $51.0M $48.8M $12.2M $38.3M $102M $12.1M
Total debt $50.0M $0.0M $0.0M $0.3M $100M $115M $275M $60.0M $0.0M $40.0M
Finance lease liabilities $0.0M $0.0M $0.0M $0.3M $0.2M $0.1M $0.0M $0.0M $0.0M $0.0M
Current assets $520M $471M $569M $669M $544M $614M $628M $632M $682M $649M
Current liabilities $471M $448M $470M $495M $521M $544M $524M $634M $536M $556M
Inventory $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M $0.0M
Property and equipment, net $283M $286M $273M $273M $253M $212M $206M $215M $221M $221M
Total assets $1.9B $2.0B $2.2B $2.4B $2.3B $2.5B $2.8B $2.9B $3.0B $3.1B
Total liabilities $877M $710M $756M $879M $1.0B $1.1B $1.2B $1.1B $913M $1.1B
Shareholders' equity $1.1B $1.3B $1.4B $1.5B $1.3B $1.4B $1.6B $1.8B $2.1B $2.1B
Margins
Gross margin 42.8% 44.5% 40.6% 40.6% 39.5% 41.9% 41.3% 41.4% 42.7% 43.7%
Operating margin 23.9% 23.3% 22.4% 22.4% 22.7% 24.4% 23.1% 22.1% 23.9% 25.0%
EBITDA margin 27.4% 26.4% 25.4% 25.5% 25.7% 27.0% 25.5% 24.2% 25.8% 26.6%
Net margin 16.0% 23.8% 17.5% 17.5% 17.7% 18.7% 17.7% 17.2% 19.2% 19.8%
FCF margin 22.0% 24.2% 24.3% 26.9% 25.0% 24.2% 16.5% 23.0% 24.8% 27.3%
Returns
Return on capital 23.5% 30.7% 20.7% 22.2% 23.1% 25.9% 22.4% 20.1% 22.7% 23.8%
Return on capital employed 24.3% 23.7% 21.1% 20.9% 21.3% 25.5% 23.1% 21.6% 23.7% 24.9%
Return on equity 21.9% 30.1% 19.8% 19.9% 21.7% 26.9% 24.5% 22.1% 22.9% 24.0%
Return on assets 12.3% 18.5% 12.9% 12.9% 13.1% 15.2% 14.0% 13.4% 15.3% 16.3%
Growth
Revenue growth 5.7% 7.4% 1.1% 9.3% 3.6% 10.5% 6.9% 6.6% 7.2% 7.1%
Net income growth βˆ’7.8% 59.0% βˆ’25.5% 9.1% 5.0% 16.5% 1.0% 4.1% 19.4% 10.3%
EPS growth βˆ’6.1% 60.4% βˆ’25.1% 9.7% 6.7% 19.9% 1.6% 4.2% 19.3% 11.9%
FCF growth 1.7% 18.0% 1.5% 21.1% βˆ’3.9% 7.0% βˆ’27.2% 48.9% 15.3% 18.1%
Share count change βˆ’1.9% βˆ’0.9% βˆ’0.3% βˆ’0.5% βˆ’1.7% βˆ’2.9% βˆ’0.5% βˆ’0.1% 0.0% βˆ’1.4%
Financial health
Net debt / EBITDA βˆ’0.2x βˆ’0.1x βˆ’0.2x βˆ’0.5x 0.1x 0.1x 0.5x 0.0x βˆ’0.2x 0.0x
Debt / equity 0.1x 0.0x 0.0x 0.0x 0.1x 0.1x 0.2x 0.0x 0.0x 0.0x
Interest coverage 343.1x 186.2x 375.0x 553.2x 348.5x 199.1x 31.9x 31.1x 56.6x 137.9x
Current ratio 1.1x 1.1x 1.2x 1.4x 1.0x 1.1x 1.2x 1.0x 1.3x 1.2x
Quick ratio 1.1x 1.1x 1.2x 1.4x 1.0x 1.1x 1.2x 1.0x 1.3x 1.2x
Capital allocation
Capex / revenue 2.9% 2.6% 3.5% 3.2% 1.3% 1.8% 1.9% 2.6% 2.3% 2.6%
Stock comp / revenue 0.8% 0.8% 0.8% 1.0% 1.2% 1.3% 1.4% 1.3% 1.2% 1.3%
Payouts / FCF 70.3% 41.4% 46.0% 43.5% 128.7% 70.9% 50.3% 36.1% 34.0% 89.0%
Quality scores
Piotroski F-score 6.0 8.0 5.0 8.0 4.0 8.0 6.0 6.0 8.0 7.0
Altman Z'' 5.4 6.3 6.4 6.4 5.9 6.3 6.2 6.3 7.6 7.4
Accruals ratio βˆ’6.9% βˆ’2.4% βˆ’7.6% βˆ’9.3% βˆ’6.3% βˆ’5.9% βˆ’0.6% βˆ’6.5% βˆ’6.2% βˆ’8.4%

Source: SEC EDGAR XBRL filings (CIK 0000779152). Data updated October 9, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β€” not investment advice. Check the original filings before relying on any figure.

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