BFAM: Bright Horizons Family Solutions Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Bright Horizons Family Solutions Inc (BFAM).
$6.45B Market Cap.
BFAM Market Cap. (MRY)
BFAM Shares Outstanding (MRY)
BFAM Assets (MRY)
Total Assets
$3.85B
Total Liabilities
$2.57B
Total Investments
$0
BFAM Income (MRY)
Revenue
$2.69B
Net Income
$140.19M
Operating Expense
$372.99M
BFAM Cash Flow (MRY)
CF Operations
$337.46M
CF Investing
-$117.76M
CF Financing
-$183.81M
BFAM Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $3,850,319,000 (-1.18%) | $3,896,144,000 (2.56%) | $3,798,869,000 (4.36%) | $3,640,047,000 (-2.32%) |
Assets Current | $496,031,000 (10.99%) | $446,899,000 (28.53%) | $347,710,000 (-35.64%) | $540,271,000 (-13.44%) |
Assets Non-Current | $3,354,288,000 (-2.75%) | $3,449,245,000 (-0.06%) | $3,451,159,000 (11.34%) | $3,099,776,000 (-0.09%) |
Goodwill & Intangible Assets | $1,960,258,000 (-2.13%) | $2,002,981,000 (1.50%) | $1,973,426,000 (13.89%) | $1,732,757,000 (1.53%) |
Shareholders Equity | $1,278,396,000 (5.42%) | $1,212,676,000 (12.24%) | $1,080,453,000 (-8.38%) | $1,179,276,000 (-8.14%) |
Property Plant & Equipment Net | $1,298,836,000 (-4.07%) | $1,353,999,000 (-1.39%) | $1,373,097,000 (6.07%) | $1,294,559,000 (-3.86%) |
Cash & Equivalents | $110,327,000 (54.16%) | $71,568,000 (97.57%) | $36,224,000 (-86.12%) | $260,980,000 (-32.10%) |
Accumulated Other Comprehensive Income | -$110,295,000 (-86.62%) | -$59,101,000 (16.32%) | -$70,629,000 (-89.05%) | -$37,359,000 (-38.01%) |
Deferred Revenue | $320,811,000 (13.95%) | $281,547,000 (21.39%) | $231,927,000 (-13.50%) | $268,127,000 (28.81%) |
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 | $283,336,000 (0.58%) | $281,710,000 (29.72%) | $217,170,000 (2.94%) | $210,971,000 (19.45%) |
Trade & Non-Trade Payables | $304,541,000 (17.55%) | $259,077,000 (12.33%) | $230,634,000 (16.86%) | $197,366,000 (1.45%) |
Accumulated Retained Earnings (Deficit) | $766,016,000 (22.40%) | $625,825,000 (13.46%) | $551,602,000 (17.12%) | $470,961,000 (17.59%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $20,299,000 (-38.78%) | $33,155,000 (-34.66%) | $50,739,000 (4.60%) | $48,509,000 (5.57%) |
Total Debt | $1,792,601,000 (-3.62%) | $1,859,852,000 (-5.40%) | $1,966,076,000 (10.23%) | $1,783,648,000 (-3.47%) |
Debt Current | $130,590,000 (9.84%) | $118,887,000 (-38.75%) | $194,092,000 (87.82%) | $103,341,000 (5.52%) |
Debt Non-Current | $1,662,011,000 (-4.54%) | $1,740,965,000 (-1.75%) | $1,771,984,000 (5.46%) | $1,680,307,000 (-3.98%) |
Total Liabilities | $2,571,923,000 (-4.16%) | $2,683,468,000 (-1.29%) | $2,718,416,000 (10.47%) | $2,460,771,000 (0.73%) |
Liabilities Current | $779,399,000 (-2.51%) | $799,433,000 (1.67%) | $786,294,000 (26.38%) | $622,175,000 (17.21%) |
Liabilities Non-Current | $1,792,524,000 (-4.86%) | $1,884,035,000 (-2.49%) | $1,932,122,000 (5.09%) | $1,838,596,000 (-3.84%) |
BFAM Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,686,013,000 (11.07%) | $2,418,257,000 (19.69%) | $2,020,487,000 (15.11%) | $1,755,307,000 (15.85%) |
Cost of Revenue | $2,066,407,000 (9.53%) | $1,886,533,000 (22.36%) | $1,541,834,000 (15.04%) | $1,340,296,000 (10.72%) |
Selling General & Administrative Expense | $354,645,000 (8.43%) | $327,068,000 (13.11%) | $289,156,000 (12.59%) | $256,821,000 (16.97%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $372,987,000 (3.47%) | $360,483,000 (12.28%) | $321,068,000 (12.26%) | $285,993,000 (13.84%) |
Interest Expense | $48,761,000 (-5.52%) | $51,609,000 (30.70%) | $39,486,000 (9.38%) | $36,099,000 (-4.20%) |
Income Tax Expense | $57,667,000 (26.99%) | $45,409,000 (43.97%) | $31,541,000 (58.59%) | $19,889,000 (275.39%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $140,191,000 (88.88%) | $74,223,000 (-7.96%) | $80,641,000 (14.45%) | $70,459,000 (161.04%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $140,191,000 (88.88%) | $74,223,000 (-7.96%) | $80,641,000 (14.45%) | $70,459,000 (161.04%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $140,191,000 (88.88%) | $74,223,000 (-7.96%) | $80,641,000 (14.45%) | $70,459,000 (161.04%) |
Weighted Average Shares | $57,931,572 (0.37%) | $57,717,102 (-1.08%) | $58,344,817 (-3.26%) | $60,312,690 (1.31%) |
Weighted Average Shares Diluted | $58,471,566 (0.93%) | $57,932,574 (-0.95%) | $58,490,652 (-3.91%) | $60,871,399 (0.93%) |
Earning Before Interest & Taxes (EBIT) | $246,619,000 (44.02%) | $171,241,000 (12.91%) | $151,668,000 (19.95%) | $126,447,000 (137.09%) |
Gross Profit | $619,606,000 (16.53%) | $531,724,000 (11.09%) | $478,653,000 (15.34%) | $415,011,000 (36.27%) |
Operating Income | $246,619,000 (44.02%) | $171,241,000 (8.67%) | $157,585,000 (22.14%) | $129,018,000 (141.91%) |
BFAM Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$117,764,000 (7.23%) | -$126,936,000 (54.35%) | -$278,049,000 (-136.86%) | -$117,389,000 (-40.04%) |
Net Cash Flow from Financing | -$183,814,000 (-100.60%) | -$91,633,000 (24.48%) | -$121,338,000 (47.25%) | -$230,030,000 (-200.45%) |
Net Cash Flow from Operations | $337,462,000 (31.75%) | $256,140,000 (35.90%) | $188,471,000 (-17.07%) | $227,253,000 (8.44%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $34,264,000 (-8.77%) | $37,557,000 (117.60%) | -$213,387,000 (-73.23%) | -$123,184,000 (-134.48%) |
Net Cash Flow - Business Acquisitions and Disposals | -$8,267,000 (79.14%) | -$39,629,000 (81.17%) | -$210,409,000 (-290.41%) | -$53,895,000 (-552.96%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$14,222,000 (-507.74%) | $3,488,000 (303.50%) | -$1,714,000 (70.61%) | -$5,832,000 (-113.08%) |
Capital Expenditure | -$95,275,000 (-4.93%) | -$90,795,000 (-51.30%) | -$60,009,000 (-4.07%) | -$57,662,000 (20.83%) |
Issuance (Repayment) of Debt Securities | -$17,000,000 (83.00%) | -$100,000,000 (-247.06%) | $68,000,000 (252.99%) | -$44,447,000 (-227.59%) |
Issuance (Purchase) of Equity Shares | -$57,592,000 (-614.95%) | $11,184,000 (106.60%) | -$169,335,000 (3.97%) | -$176,327,000 (-168.88%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$1,620,000 (-11471.43%) | -$14,000 (99.43%) | -$2,471,000 (18.12%) | -$3,018,000 (-219.29%) |
Share Based Compensation | $33,615,000 (16.58%) | $28,834,000 (2.57%) | $28,111,000 (21.90%) | $23,060,000 (9.83%) |
Depreciation Amortization & Accretion | $97,918,000 (-11.53%) | $110,681,000 (4.28%) | $106,142,000 (-2.47%) | $108,830,000 (-2.54%) |
BFAM Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 23.10% (5.00%) | 22.00% (-7.17%) | 23.70% (0.42%) | 23.60% (17.41%) |
Profit Margin | 5.20% (67.74%) | 3.10% (-22.50%) | 4.00% (0.00%) | 4.00% (122.22%) |
EBITDA Margin | 12.80% (9.40%) | 11.70% (-8.59%) | 12.80% (-4.48%) | 13.40% (22.94%) |
Return on Average Equity (ROAE) | 10.80% (68.75%) | 6.40% (-13.51%) | 7.40% (32.14%) | 5.60% (143.48%) |
Return on Average Assets (ROAA) | 3.60% (89.47%) | 1.90% (-13.64%) | 2.20% (15.79%) | 1.90% (137.50%) |
Return on Sales (ROS) | 9.20% (29.58%) | 7.10% (-5.33%) | 7.50% (4.17%) | 7.20% (105.71%) |
Return on Invested Capital (ROIC) | 8.60% (45.76%) | 5.90% (11.32%) | 5.30% (20.45%) | 4.40% (144.44%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 45.81 (-37.78%) | 73.63 (61.02%) | 45.73 (-57.86%) | 108.52 (-71.77%) |
Price to Sales Ratio (P/S) | 2.39 (6.31%) | 2.25 (23.44%) | 1.82 (-57.87%) | 4.33 (-36.37%) |
Price to Book Ratio (P/B) | 5.04 (12.11%) | 4.5 (33.41%) | 3.37 (-47.66%) | 6.44 (-21.04%) |
Debt to Equity Ratio (D/E) | 2.01 (-9.08%) | 2.21 (-12.04%) | 2.52 (20.56%) | 2.09 (9.67%) |
Earnings Per Share (EPS) | 2.42 (89.06%) | 1.28 (-7.25%) | 1.38 (18.97%) | 1.16 (157.78%) |
Sales Per Share (SPS) | 46.37 (10.66%) | 41.9 (20.99%) | 34.63 (18.99%) | 29.1 (14.35%) |
Free Cash Flow Per Share (FCFPS) | 4.18 (45.93%) | 2.87 (30.11%) | 2.2 (-21.69%) | 2.81 (22.42%) |
Book Value Per Share (BVPS) | 22.07 (5.03%) | 21.01 (13.46%) | 18.52 (-5.29%) | 19.55 (-9.33%) |
Tangible Assets Book Value Per Share (TABVPS) | 32.63 (-0.53%) | 32.8 (4.84%) | 31.29 (-1.06%) | 31.62 (-6.80%) |
Enterprise Value Over EBIT (EV/EBIT) | 33 (-23.26%) | 43 (16.22%) | 37 (-47.89%) | 71 (-68.30%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 23.75 (-8.31%) | 25.9 (19.24%) | 21.73 (-43.22%) | 38.26 (-47.25%) |
Asset Turnover | 0.7 (10.62%) | 0.63 (14.31%) | 0.55 (16.95%) | 0.47 (11.85%) |
Current Ratio | 0.64 (13.77%) | 0.56 (26.47%) | 0.44 (-49.08%) | 0.87 (-26.19%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $242,187,000 (46.47%) | $165,345,000 (28.71%) | $128,462,000 (-24.25%) | $169,591,000 (24.03%) |
Enterprise Value (EV) | $8,183,089,491 (12.05%) | $7,303,004,341 (30.39%) | $5,600,972,073 (-37.78%) | $9,002,407,616 (-24.77%) |
Earnings Before Tax (EBT) | $197,858,000 (65.39%) | $119,632,000 (6.64%) | $112,182,000 (24.17%) | $90,348,000 (477.23%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $344,537,000 (22.21%) | $281,922,000 (9.35%) | $257,810,000 (9.58%) | $235,277,000 (42.60%) |
Invested Capital | $2,792,936,000 (-3.09%) | $2,882,014,000 (-2.93%) | $2,969,001,000 (5.74%) | $2,807,783,000 (-4.91%) |
Working Capital | -$283,368,000 (19.62%) | -$352,534,000 (19.62%) | -$438,584,000 (-435.49%) | -$81,904,000 (-187.72%) |
Tangible Asset Value | $1,890,061,000 (-0.16%) | $1,893,163,000 (3.71%) | $1,825,443,000 (-4.29%) | $1,907,290,000 (-5.58%) |
Market Capitalization | $6,449,610,491 (18.19%) | $5,456,958,341 (49.75%) | $3,644,026,073 (-52.05%) | $7,599,270,616 (-27.47%) |
Average Equity | $1,297,519,250 (12.07%) | $1,157,826,750 (6.08%) | $1,091,425,250 (-13.04%) | $1,255,068,500 (8.04%) |
Average Assets | $3,848,483,500 (0.44%) | $3,831,811,250 (4.73%) | $3,658,628,750 (-1.67%) | $3,720,615,250 (3.62%) |
Invested Capital Average | $2,869,179,000 (-1.20%) | $2,904,017,500 (0.54%) | $2,888,448,750 (1.00%) | $2,859,892,000 (-3.94%) |
Shares | 58,183,225 (0.48%) | 57,904,906 (0.27%) | 57,750,017 (-4.34%) | 60,369,166 (-0.32%) |
