SS&C Technologies Inc

Services-Prepackaged Software

SSNCStrained10 of 11 basics passed

$81.03

+0.47%

Market cap $19.0B

$81.03

+0.47%

Market cap $19.0B

SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services. Acquisitions are a large part of SS&C's history.

It is a $19.0B technology company. Revenue grew 8.6% over the last year, it keeps 13¢ of every dollar of sales as profit, and its net debt equals ~4.0 years of free cash flow. It trades at 22.0× earnings — in the cheapest third of its own history.

Website: ssctech.com
Location: Windsor, CT
Employees: 28 800
Sector: Technology

Share price · 3 years

$52.63 → $81.03+54.0%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $6.56B
Profit: keeps 13¢ of every $1 sold; $864M
Free cash flow: cash left after running the business; $1.75B
Net debt: debt minus cash on hand; $6.95B
P/E: years of profit in the price; 22.0
EPS: earnings per share, TTM; $3.41
Dividend: pays out 30% of profit · 15% of FCF; 1.37%
Shares: up 23% since 2016 — dilution; 253.1M
Volatility: beta vs the market — under 1 swings less; 1.06

Revenue, last 10 years

52-week range

Low $62.05$81.03High $89.62

Today's price is 69% of the way from the year's low to its high.

P/E vs its history5y

22.0×median 24.9×

Higher than 26% of past days — in the cheapest third of its own history.

Valuation vs own history

P/E

22.0×

74%

P/S

2.9×

62%

EV/EBITDA

17.0×

86%

P/B

2.8×

38%

FCF yield

9.2%

88%

Share of the last ~5 years that was pricier than today (cheaper than usual). Based on the daily valuation record.

Standing in Technology

Size$19.0Btop 58%
Revenue growth+6%top 66%
Net margin13%top 49%
Return on equity13%top 59%
P/E22.0×top 30%
Dividend yield1.37%top 37%

Ranked against 220 Technology companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong valuation and quality; Growth and Health lag behind.

Valuation85

P/E vs own history26th pct · 20/25
FCF yield9.2% · 25/25
P/S2.9x · 20/25
EV/EBITDA11.5x · 20/25

Growth49

Revenue CAGR5.6% · 12/25
Net income CAGR-0.1% · 0/25
EPS CAGR ~5Y6.1% · 12/25
Fwd implied growth109.4% · 25/25

Profitability64

ROIC8.2% · 12/25
ROE12.7% · 12/25
Net margin13.2% · 20/25
Operating margin23.6% · 20/25

Health27

Altman Zn/a · 0/25
Current ratio1.06 · 12/25
Interest coverage3.3x · 10/25
Net cash / debtD/A 34% · 5/25

Quality90

Piotroski F6/9 · 15/25
Beneish M-2.57 · 25/25
FCF conversion203% · 25/25
Margin stabilityσ 4.1% · 25/25

Moat57

ROIC >12% years0/10 yrs · 0/25
Median gross margin47.3% · 20/25
FCF-positive years10/10 yrs · 25/25
Worst-year net marginworst 3.0% · 12/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2021Financial
Best year on record
$800M net income
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data
FY2016Financial
Revenue already above $1B
$1.48B in first reported year
FY2016Financial
Positive free cash flow every year since
10-year streak

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$11 492 today — price return only

$6.3B revenue in FY2025

Revenue up 8.6% year over year

Profitable 10 years in a row

Positive free cash flow 10 years in a row

28 800 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

High gross margin (48.1%)
Strong cash conversion — FCF is 26.7% of revenue

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

10 of 11 checks passed

Revenue growing — the company sells more than a year ago+8.6% YoY
Profitable — makes more than it spends$864M TTM
Profit growing — earnings are higher than last year+8.3% YoY
Generates cash — cash left after running and investing$1.75B TTM
Debt under control — could handle its obligations~4.0y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$19.0B market cap
Not printing shares — share count not ballooning — you keep your slice-5.1% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distresshealth score 22/100
Pays a dividend — returns cash to shareholdersyield 1.37%
Valuation not extreme — price not wildly above earningsP/E 22.0

Peer comparisonSS&C Technologies Inc vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
SSNC this company	$19.0B	22.0	+8.6%	13.2%	Strained
NVDA Nvidia Corp	$5.5T	28.6	+83.4%	63.7%	Mixed
AAPL Apple Inc.	$4.9T	38.1	+14.2%	27.6%	Strong
GOOGL Alphabet Inc.	$4.3T	17.6	+20.1%	54.8%	Mixed
MSFT Microsoft Corp	$4.0T	29.7	+17.8%	40.3%	Strong
SPCX Space Exploration Technologies Corp.	$2.1T	—	+33.2%	-34.0%	Strained
META Meta Platforms, Inc.	$1.8T	26.9	+27.7%	29.8%	Mixed

Head-to-head: SSNC vs NVDA · SSNC vs AAPL · SSNC vs GOOGL

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 5Buy 8Hold 3

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $6.56B · net income $864M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$6.56B

YoY 8.6%

Net income (TTM)

$864M

Margin 13.2%

Gross margin

48.1%

Operating margin

23.6%

P/E ratio

22.0

Dividend yield

1.37%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	4.7	5.1	5.3	5.5	5.9	6.3
Gross profit	2.1	2.4	2.5	2.7	2.9	3.0
Operating income (EBIT)	1.0	1.2	1.1	1.2	1.3	1.4
Net income	0.6	0.8	0.7	0.6	0.8	0.8
EPS (diluted)	2.35	2.99	2.48	2.39	3.00	3.15

Cash flowFree cash flow $1.75B · operating cash flow $1.82B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$1.75B

Margin 26.7%

Operating cash flow (TTM)

$1.82B

FCF margin

26.7%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	1.2	1.4	1.1	1.4	1.4	1.7
Capital expenditure	-0.0	-0.1	-0.1	-0.1	-0.1	-0.1
Free cash flow	1.1	1.4	1.1	1.3	1.3	1.7
FCF margin	24.6%	27.3%	20.3%	24.1%	22.6%	26.5%

Balance sheetAssets $20.7B · net debt $6.95B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $20.7B of assets is financed

67%

33%

Liabilities $13.8B — borrowed moneyEquity $6.89B — owners' stake

Cash vs debt

Total debt $7.41B − cash $462M = net debt $6.95B

Cash on hand covers 6% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

3.3x

EBIT ÷ interest expense

ROE

12.7%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	0.2	0.6	0.4	0.6	0.6	0.5
Total assets	15.9	17.3	16.7	19.0	19.0	20.7
Total liabilities	10.2	11.1	10.6	12.4	12.4	13.8
Total debt	6.4	5.9	7.0	7.2	7.0	7.4
Equity	5.7	6.2	6.0	6.6	6.5	6.9
Net debt	6.2	5.3	6.6	6.6	6.4	6.9

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of SSNC on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $81.03 · market cap $19.0B.