BFAM Financial Statements

Balance sheet, income statement, cash flow, and dividends for Bright Horizons Family Solutions Inc (BFAM).


$5.46B Market Cap.

As of 02/27/2024 5:00 PM ET (MRY) • Disclaimer

BFAM Market Cap. (MRY)


BFAM Shares Outstanding (MRY)


BFAM Assets (MRY)


Total Assets

$3.90B

Total Liabilities

$2.68B

Total Investments

$0

BFAM Income (MRY)


Revenue

$2.42B

Net Income

$74.22M

Operating Expense

$360.48M

BFAM Cash Flow (MRY)


CF Operations

$256.14M

CF Investing

-$126.94M

CF Financing

-$91.63M

BFAM Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

0%

0%

-

2019

$0

0%

-

0%

-

BFAM Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$3,896,144,000 (2.56%)

$3,798,869,000 (4.36%)

$3,640,047,000 (-2.32%)

$3,726,648,000 (11.90%)

Assets Current

$446,899,000 (28.53%)

$347,710,000 (-35.64%)

$540,271,000 (-13.44%)

$624,185,000 (172.70%)

Assets Non-Current

$3,449,245,000 (-0.06%)

$3,451,159,000 (11.34%)

$3,099,776,000 (-0.09%)

$3,102,463,000 (0.03%)

Goodwill & Intangible Assets

$2,002,981,000 (1.50%)

$1,973,426,000 (13.89%)

$1,732,757,000 (1.53%)

$1,706,587,000 (-0.64%)

Shareholders Equity

$1,212,676,000 (12.24%)

$1,080,453,000 (-8.38%)

$1,179,276,000 (-8.14%)

$1,283,797,000 (32.18%)

Property Plant & Equipment Net

$1,353,999,000 (-1.39%)

$1,373,097,000 (6.07%)

$1,294,559,000 (-3.86%)

$1,346,578,000 (0.71%)

Cash & Equivalents

$71,568,000 (97.57%)

$36,224,000 (-86.12%)

$260,980,000 (-32.10%)

$384,344,000 (1278.96%)

Accumulated Other Comprehensive Income

-$59,101,000 (16.32%)

-$70,629,000 (-89.05%)

-$37,359,000 (-38.01%)

-$27,069,000 (46.22%)

Deferred Revenue

$281,547,000 (21.39%)

$231,927,000 (-13.50%)

$268,127,000 (28.81%)

$208,154,000 (3.45%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$281,710,000 (29.72%)

$217,170,000 (2.94%)

$210,971,000 (19.45%)

$176,617,000 (18.65%)

Trade & Non-Trade Payables

$259,077,000 (12.33%)

$230,634,000 (16.86%)

$197,366,000 (1.45%)

$194,551,000 (16.46%)

Accumulated Retained Earnings (Deficit)

$625,825,000 (13.46%)

$551,602,000 (17.12%)

$470,961,000 (17.59%)

$400,502,000 (7.23%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$33,155,000 (-34.66%)

$50,739,000 (4.60%)

$48,509,000 (5.57%)

$45,951,000 (-22.04%)

Total Debt

$1,859,852,000 (-5.40%)

$1,966,076,000 (10.23%)

$1,783,648,000 (-3.47%)

$1,847,822,000 (2.21%)

Debt Current

$118,887,000 (-38.75%)

$194,092,000 (87.82%)

$103,341,000 (5.52%)

$97,931,000 (4.32%)

Debt Non-Current

$1,740,965,000 (-1.75%)

$1,771,984,000 (5.46%)

$1,680,307,000 (-3.98%)

$1,749,891,000 (2.10%)

Total Liabilities

$2,683,468,000 (-1.29%)

$2,718,416,000 (10.47%)

$2,460,771,000 (0.73%)

$2,442,851,000 (3.55%)

Liabilities Current

$799,433,000 (1.67%)

$786,294,000 (26.38%)

$622,175,000 (17.21%)

$530,814,000 (9.83%)

Liabilities Non-Current

$1,884,035,000 (-2.49%)

$1,932,122,000 (5.09%)

$1,838,596,000 (-3.84%)

$1,912,037,000 (1.93%)

BFAM Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$2,418,257,000 (19.69%)

$2,020,487,000 (15.11%)

$1,755,307,000 (15.85%)

$1,515,093,000 (-26.52%)

Cost of Revenue

$1,886,533,000 (22.36%)

$1,541,834,000 (15.04%)

$1,340,296,000 (10.72%)

$1,210,544,000 (-21.35%)

Selling General & Administrative Expense

$327,068,000 (13.11%)

$289,156,000 (12.59%)

$256,821,000 (16.97%)

$219,563,000 (-0.87%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$360,483,000 (12.28%)

$321,068,000 (12.26%)

$285,993,000 (13.84%)

$251,215,000 (-1.53%)

Interest Expense

$51,609,000 (30.70%)

$39,486,000 (9.38%)

$36,099,000 (-4.20%)

$37,682,000 (-16.55%)

Income Tax Expense

$45,409,000 (43.97%)

$31,541,000 (58.59%)

$19,889,000 (275.39%)

-$11,340,000 (-126.82%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$74,223,000 (-7.96%)

$80,641,000 (14.45%)

$70,459,000 (161.04%)

$26,992,000 (-85.04%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

$74,223,000 (-7.96%)

$80,641,000 (14.45%)

$70,459,000 (161.04%)

$26,992,000 (-85.04%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$74,223,000 (-7.96%)

$80,641,000 (14.45%)

$70,459,000 (161.04%)

$26,992,000 (-85.04%)

Weighted Average Shares

$57,717,102 (-1.08%)

$58,344,817 (-3.26%)

$60,312,690 (1.31%)

$59,533,104 (2.93%)

Weighted Average Shares Diluted

$57,932,574 (-0.95%)

$58,490,652 (-3.91%)

$60,871,399 (0.93%)

$60,309,985 (2.31%)

Earning Before Interest & Taxes (EBIT)

$171,241,000 (12.91%)

$151,668,000 (19.95%)

$126,447,000 (137.09%)

$53,334,000 (-80.09%)

Gross Profit

$531,724,000 (11.09%)

$478,653,000 (15.34%)

$415,011,000 (36.27%)

$304,549,000 (-41.76%)

Operating Income

$171,241,000 (8.67%)

$157,585,000 (22.14%)

$129,018,000 (141.91%)

$53,334,000 (-80.09%)

BFAM Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

-$126,936,000 (54.35%)

-$278,049,000 (-136.86%)

-$117,389,000 (-40.04%)

-$83,825,000 (55.66%)

Net Cash Flow from Financing

-$91,633,000 (24.48%)

-$121,338,000 (47.25%)

-$230,030,000 (-200.45%)

$228,996,000 (253.56%)

Net Cash Flow from Operations

$256,140,000 (35.90%)

$188,471,000 (-17.07%)

$227,253,000 (8.44%)

$209,572,000 (-36.56%)

Net Cash Flow / Change in Cash & Cash Equivalents

$37,557,000 (117.60%)

-$213,387,000 (-73.23%)

-$123,184,000 (-134.48%)

$357,273,000 (5003.55%)

Net Cash Flow - Business Acquisitions and Disposals

-$39,629,000 (81.17%)

-$210,409,000 (-290.41%)

-$53,895,000 (-552.96%)

-$8,254,000 (84.55%)

Net Cash Flow - Investment Acquisitions and Disposals

$3,488,000 (303.50%)

-$1,714,000 (70.61%)

-$5,832,000 (-113.08%)

-$2,737,000 (91.14%)

Capital Expenditure

-$90,795,000 (-51.30%)

-$60,009,000 (-4.07%)

-$57,662,000 (20.83%)

-$72,834,000 (30.48%)

Issuance (Repayment) of Debt Securities

-$100,000,000 (-247.06%)

$68,000,000 (252.99%)

-$44,447,000 (-227.59%)

-$13,568,000 (89.45%)

Issuance (Purchase) of Equity Shares

$11,184,000 (106.60%)

-$169,335,000 (3.97%)

-$176,327,000 (-168.88%)

$255,975,000 (5225.65%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$14,000 (99.43%)

-$2,471,000 (18.12%)

-$3,018,000 (-219.29%)

$2,530,000 (352.59%)

Share Based Compensation

$28,834,000 (2.57%)

$28,111,000 (21.90%)

$23,060,000 (9.83%)

$20,996,000 (21.48%)

Depreciation Amortization & Accretion

$110,681,000 (4.28%)

$106,142,000 (-2.47%)

$108,830,000 (-2.54%)

$111,662,000 (3.13%)

BFAM Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

22.00% (-7.17%)

23.70% (0.42%)

23.60% (17.41%)

20.10% (-20.87%)

Profit Margin

3.10% (-22.50%)

4.00% (0.00%)

4.00% (122.22%)

1.80% (-79.31%)

EBITDA Margin

11.70% (-8.59%)

12.80% (-4.48%)

13.40% (22.94%)

10.90% (-40.11%)

Return on Average Equity (ROAE)

6.40% (-13.51%)

7.40% (32.14%)

5.60% (143.48%)

2.30% (-88.56%)

Return on Average Assets (ROAA)

1.90% (-13.64%)

2.20% (15.79%)

1.90% (137.50%)

0.80% (-85.71%)

Return on Sales (ROS)

7.10% (-5.33%)

7.50% (4.17%)

7.20% (105.71%)

3.50% (-73.08%)

Return on Invested Capital (ROIC)

5.90% (11.32%)

5.30% (20.45%)

4.40% (144.44%)

1.80% (-81.05%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

73.63 (61.02%)

45.73 (-57.86%)

108.52 (-71.77%)

384.42 (692.93%)

Price to Sales Ratio (P/S)

2.25 (23.44%)

1.82 (-57.87%)

4.33 (-36.37%)

6.8 (61.22%)

Price to Book Ratio (P/B)

4.5 (33.41%)

3.37 (-47.66%)

6.44 (-21.04%)

8.16 (-9.35%)

Debt to Equity Ratio (D/E)

2.21 (-12.04%)

2.52 (20.56%)

2.09 (9.67%)

1.9 (-21.66%)

Earnings Per Share (EPS)

1.28 (-7.25%)

1.38 (18.97%)

1.16 (157.78%)

0.45 (-85.48%)

Sales Per Share (SPS)

41.9 (20.99%)

34.63 (18.99%)

29.1 (14.35%)

25.45 (-28.61%)

Free Cash Flow Per Share (FCFPS)

2.87 (30.11%)

2.2 (-21.69%)

2.81 (22.42%)

2.3 (-41.10%)

Book Value Per Share (BVPS)

21.01 (13.46%)

18.52 (-5.29%)

19.55 (-9.33%)

21.56 (28.41%)

Tangible Assets Book Value Per Share (TABVPS)

32.8 (4.84%)

31.29 (-1.06%)

31.62 (-6.80%)

33.93 (21.68%)

Enterprise Value Over EBIT (EV/EBIT)

43 (16.22%)

37 (-47.89%)

71 (-68.30%)

224 (474.36%)

Enterprise Value Over EBITDA (EV/EBITDA)

25.9 (19.24%)

21.73 (-43.22%)

38.26 (-47.25%)

72.53 (160.77%)

Asset Turnover

0.63 (14.31%)

0.55 (16.95%)

0.47 (11.85%)

0.42 (-33.86%)

Current Ratio

0.56 (26.47%)

0.44 (-49.08%)

0.87 (-26.19%)

1.18 (148.10%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$165,345,000 (28.71%)

$128,462,000 (-24.25%)

$169,591,000 (24.03%)

$136,738,000 (-39.39%)

Enterprise Value (EV)

$7,303,004,341 (30.39%)

$5,600,972,073 (-37.78%)

$9,002,407,616 (-24.77%)

$11,967,106,333 (14.40%)

Earnings Before Tax (EBT)

$119,632,000 (6.64%)

$112,182,000 (24.17%)

$90,348,000 (477.23%)

$15,652,000 (-92.97%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$281,922,000 (9.35%)

$257,810,000 (9.58%)

$235,277,000 (42.60%)

$164,996,000 (-56.13%)

Invested Capital

$2,882,014,000 (-2.93%)

$2,969,001,000 (5.74%)

$2,807,783,000 (-4.91%)

$2,952,725,000 (1.48%)

Working Capital

-$352,534,000 (19.62%)

-$438,584,000 (-435.49%)

-$81,904,000 (-187.72%)

$93,371,000 (136.70%)

Tangible Asset Value

$1,893,163,000 (3.71%)

$1,825,443,000 (-4.29%)

$1,907,290,000 (-5.58%)

$2,020,061,000 (25.25%)

Market Capitalization

$5,456,958,341 (49.75%)

$3,644,026,073 (-52.05%)

$7,599,270,616 (-27.47%)

$10,477,020,333 (19.82%)

Average Equity

$1,157,826,750 (6.08%)

$1,091,425,250 (-13.04%)

$1,255,068,500 (8.04%)

$1,161,678,250 (29.76%)

Average Assets

$3,831,811,250 (4.73%)

$3,658,628,750 (-1.67%)

$3,720,615,250 (3.62%)

$3,590,689,750 (11.07%)

Invested Capital Average

$2,904,017,500 (0.54%)

$2,888,448,750 (1.00%)

$2,859,892,000 (-3.94%)

$2,977,283,750 (5.76%)

Shares

57,904,906 (0.27%)

57,750,017 (-4.34%)

60,369,166 (-0.32%)

60,564,312 (4.09%)