Bright Horizons Family Solutions Inc

Bright Horizons Family Solutions Inc

BFAM · NYSE · Consumer Cyclical / Personal Services

52.68USD-0.11 (-0.21%)

Price History

Full chart

Market Stats

Previous Close52.79
Open53.53
Day Range52.55 – 53.61
52-Week Range50.58 – 105.75
Volume979.64K
Market Cap2.49B
P/E (TTM)0.00
Forward P/E22.62
EPS-2.64
Dividend Yield0.00%
Beta1.09
50-Day Avg65.94
200-Day Avg72.88

About

Bright Horizons Family Solutions Inc. provides early education and childcare, comprehensive back-up care, educational advisory, and other workplace solutions services for employers and families in the United States, Puerto Rico, the United Kingdom, the Netherlands, Australia, and India. It operates in three segments: Full-Service Center-Based Child Care, Back-Up Care, and Educational Advisory services. The Full-Service Center-Based Child Care segment offers traditional center-based early education and childcare, preschool, and elementary education services. The Back-Up Care segment provides center-based back-up childcare, in-home child and senior care, school-age programs, camps, tutoring, pet care, and self-sourced reimbursed care services, as well as sittercity, an online marketplace for families and caregivers through early education and childcare centers, school-age programs and in-home care providers, the back-up care network, and other providers. The Educational Advisory services segment offers tuition assistance and student loan repayment program management, workforce education, and related educational consulting services, as well as college admissions and college financial advisory services. The company was formerly known as Bright Horizons Solutions Corp. and changed its name to Bright Horizons Family Solutions Inc. in July 2012. Bright Horizons Family Solutions Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.

Company Details

  • SectorConsumer Cyclical
  • IndustryPersonal Services
  • CEOMr. Stephen Howard Kramer
  • Employees32.20K
  • Headquarters2 Wells Avenue, Newton, MA, United States, 02459, USA
  • Websitehttps://www.brighthorizons.com

Leadership

  • Mr. Stephen Howard KramerCEO, President & Director · b. 1971
  • Ms. Elizabeth J. Boland CPAChief Financial Officer · b. 1960
  • Ms. Mary Lou Burke-AfonsoChief Operating Officer of North America Center Operations · b. 1965
  • Ms. Mandy Lee BermanChief Operating Officer of Back-up Care & Education Advisory Services · b. 1971
  • Ms. Rosamund MarshallManaging Director of International · b. 1959
  • Dr. Tammy ChuprevichSenior Vice President of Operations
  • Mr. Jason R. JanoffChief Accounting Officer · b. 1973
  • Mr. Ryan ScottChief Information Officer
  • Mr. Michael FlanaganSr. Director of Investor Relations
  • Mr. John G. CasagrandeGeneral Counsel & Secretary · b. 1959

Financials

Income Statement

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue209.37M243.29M291.14M345.86M407.53M472.76M551.76M625.26M697.87M774.60M878.16M973.70M1.07B1.22B1.35B1.46B1.57B1.74B1.90B2.06B1.52B1.76B2.02B2.42B2.69B2.93B
Growth (%)-+16.20%+19.67%+18.79%+17.83%+16.00%+16.71%+13.32%+11.61%+11.00%+13.37%+10.88%+9.99%+13.80%+11.01%+7.79%+7.64%+10.90%+9.32%+8.35%-26.52%+15.85%+15.11%+19.69%+11.07%+9.22%
Cost of Revenue180.77M208.63M248.41M295.03M347.64M400.41M459.81M509.97M559.59M617.79M698.26M766.50M825.17M937.84M1.04B1.10B1.18B1.31B1.43B1.54B1.21B1.34B1.54B1.89B2.07B2.24B
Gross Profit28.60M34.66M42.74M50.84M59.89M72.35M91.95M115.29M138.27M156.81M179.90M207.20M245.77M280.94M313.60M357.75M390.85M430.61M473.25M522.94M304.55M415.01M478.65M531.72M619.61M691.05M
Gross Margin13.66%14.25%14.68%14.70%14.70%15.30%16.67%18.44%19.81%20.24%20.49%21.28%22.95%23.05%23.18%24.53%24.90%24.73%24.87%25.36%20.10%23.64%23.69%21.99%23.07%23.56%
Operating Expense27.36M21.82M26.29M30.81M33.64M37.76M45.20M54.63M66.61M83.91M111.23M120.36M150.31M171.90M166.68M176.15M193.61M225.17M234.16M255.12M251.22M285.99M321.07M360.48M372.99M376.38M
Operating Income1.24M12.84M16.45M20.02M26.25M34.58M46.75M60.66M71.66M72.91M68.66M86.84M95.46M109.03M146.92M181.60M197.24M205.44M239.09M267.82M53.33M129.02M157.59M171.24M246.62M314.67M
Operating Margin0.59%5.28%5.65%5.79%6.44%7.32%8.47%9.70%10.27%9.41%7.82%8.92%8.91%8.95%10.86%12.45%12.56%11.80%12.56%12.99%3.52%7.35%7.80%7.08%9.18%10.73%
EBITDA5.20M17.75M23.97M29.80M36.01M45.61M59.11M75.17M90.52M96.65M122.01M143.95M156.96M181.84M224.47M260.27M271.40M300.21M340.04M376.09M165.00M235.28M257.81M281.92M344.54M408.07M
EBITDA Margin2.48%7.30%8.23%8.62%8.84%9.65%10.71%12.02%12.97%12.48%13.89%14.78%14.66%14.92%16.59%17.85%17.29%17.24%17.87%18.24%10.89%13.40%12.76%11.66%12.83%13.91%
Net Income474.00K7.93M9.21M11.53M15.32M20.01M27.33M36.70M41.72M39.13M-9.99M4.76M8.16M12.62M72.03M93.93M94.76M156.96M157.98M180.39M26.99M70.46M80.64M74.05M140.19M193.12M
Net Income Margin0.23%3.26%3.16%3.33%3.76%4.23%4.95%5.87%5.98%5.05%-1.14%0.49%0.76%1.04%5.32%6.44%6.04%9.02%8.30%8.75%1.78%4.01%3.99%3.06%5.22%6.58%
R&D-------------000000-------
R&D as % of Total Revenue-------------0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense000000000089.00M82.91M83.86M40.54M34.61M41.45M42.92M44.04M47.51M45.15M37.68M36.10M39.49M51.61M48.76M44.76M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%10.13%8.51%7.83%3.33%2.56%2.84%2.73%2.53%2.50%2.19%2.49%2.06%1.95%2.13%1.82%1.53%

Balance Sheet

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets91.46M107.07M136.90M161.02M201.29M247.06M296.61M353.70M409.37M454.51M-1.72B1.77B1.91B2.10B2.14B2.15B2.37B2.47B2.52B3.33B3.73B3.64B3.80B3.90B3.85B4.15B
Total Liabilities38.08M44.79M61.61M71.60M91.66M101.56M110.36M136.52M185.53M183.87M-1.16B1.98B2.17B1.21B1.39B1.42B1.68B1.72B1.74B2.36B2.44B2.46B2.72B2.68B2.57B2.81B
Total Equity53.38M62.29M75.28M89.42M109.63M145.51M186.24M217.18M223.84M270.64M-564.20M-206.03M-253.89M889.14M750.96M727.61M687.87M749.06M779.48M971.27M1.28B1.18B1.08B1.21B1.28B1.34B
Cash20.44M12.75M8.60M12.77M28.19M33.90M42.47M21.65M7.12M8.95M-15.44M30.45M34.11M29.59M87.89M11.54M12.86M23.23M15.45M27.87M384.34M260.98M36.22M71.57M110.33M140.58M
Total Debt685.00K687.00K6.90M890.00K542.00K2.66M2.10M1.31M4.45M145.00K--799.26M906.64M764.22M921.18M939.21M1.14B1.18B1.17B1.81B1.85B1.78B1.97B1.86B1.79B1.76B
Net Debt-19.75M-12.06M-1.70M-11.88M-27.65M-31.24M-40.37M-20.34M-2.66M-8.81M--768.81M872.53M734.64M833.29M927.67M1.13B1.16B1.15B1.78B1.46B1.52B1.93B1.79B1.68B1.62B

Cash Flow

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow9.20M15.23M16.95M31.09M46.07M30.75M37.27M50.12M54.66M77.63M70.12M133.57M106.98M159.68M174.30M171.08M211.52M236.27M294.75M330.35M209.57M227.25M188.47M256.14M337.46M347.68M
Investing Cash Flow-17.23M-20.40M-28.33M-22.17M-31.61M-35.22M-33.87M-64.92M-58.13M-50.98M-45.90M-94.99M-180.89M-201.13M-78.00M-156.39M-302.84M-105.32M-158.54M-189.07M-83.83M-117.39M-278.05M-126.94M-117.76M-103.79M
Financing Cash Flow3.08M-2.52M7.21M-4.73M772.00K10.05M4.95M-5.55M-11.48M-25.18M-23.50M-23.28M77.20M36.76M-36.42M-90.58M93.75M-123.86M-134.19M-149.13M229.00M-230.03M-121.34M-91.63M-183.81M-230.38M
Capital Expenditure13.34M18.06M19.68M21.00M17.03M19.05M12.97M15.60M32.72M41.85M39.52M42.52M69.09M69.32M65.81M77.73M74.10M83.84M91.43M104.77M72.83M63.49M70.56M91.02M97.31M91.32M
Free Cash Flow-4.14M-2.83M-2.72M10.08M29.05M11.70M24.30M34.52M21.95M35.79M30.60M91.05M37.90M90.36M108.49M93.34M137.42M152.44M203.31M225.59M136.74M163.76M117.92M165.12M240.15M256.36M
Dividends Paid--------35.00M---85.35M0179.22M33.81M1.13B73.72M9.58M26.56M38.84M37.50M-2.59M--
FCF to OCF-44.96%-18.59%-16.07%32.43%63.05%38.04%65.20%68.88%40.15%46.10%43.64%68.17%35.42%56.59%62.24%54.56%64.97%64.52%68.98%68.29%65.25%72.06%62.56%64.46%71.16%73.74%
Dividend Paid to FCF--------159.46%---225.21%0.00%165.20%36.22%821.78%48.36%4.71%11.77%28.41%22.90%-1.57%--

Earnings

Report DateJan 27, 1998Apr 21, 1998Jul 29, 1998Oct 21, 1998Feb 22, 1999Apr 27, 1999Jul 21, 1999Oct 21, 1999Feb 17, 2000Apr 27, 2000Jul 20, 2000Oct 19, 2000Feb 15, 2001Apr 19, 2001Jul 19, 2001Oct 18, 2001Feb 13, 2002Apr 22, 2002Jul 18, 2002Oct 22, 2002Feb 13, 2003Apr 24, 2003Jul 24, 2003Oct 23, 2003Feb 12, 2004Apr 21, 2004Jul 22, 2004Oct 26, 2004Feb 10, 2005Apr 26, 2005Jul 26, 2005Oct 26, 2005Feb 13, 2006Apr 26, 2006Jul 26, 2006Oct 26, 2006Feb 15, 2007Apr 30, 2007Jul 26, 2007Oct 25, 2007Feb 14, 2008Apr 25, 2008Mar 13, 2013May 9, 2013Aug 8, 2013Nov 6, 2013Mar 13, 2014May 1, 2014Aug 7, 2014Nov 4, 2014Feb 12, 2015Apr 30, 2015Aug 4, 2015Nov 5, 2015Feb 8, 2016May 3, 2016Aug 3, 2016Nov 1, 2016Feb 9, 2017May 4, 2017Aug 1, 2017Nov 1, 2017Feb 8, 2018Apr 30, 2018Aug 2, 2018Nov 1, 2018Feb 12, 2019Apr 30, 2019Aug 1, 2019Oct 30, 2019Feb 13, 2020May 6, 2020Aug 5, 2020Nov 5, 2020Feb 17, 2021May 5, 2021Aug 4, 2021Nov 2, 2021Feb 16, 2022May 3, 2022Aug 2, 2022Nov 1, 2022Feb 16, 2023May 2, 2023Aug 1, 2023Nov 1, 2023Feb 13, 2024May 2, 2024Aug 1, 2024Nov 4, 2024Feb 13, 2025May 5, 2025Jul 31, 2025Oct 30, 2025Feb 12, 2026May 5, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate0.050.070.060.050.070.070.080.070.080.090.100.090.100.110.120.110.120.140.150.140.150.170.180.180.190.210.240.230.250.280.310.300.330.340.370.370.390.420.460.390.430.450.140.230.320.280.310.330.410.320.380.400.490.410.450.510.610.500.550.560.720.610.690.710.850.730.840.790.980.860.970.75-0.58-0.49-0.230.140.370.630.630.420.700.640.760.390.610.820.740.460.731.060.910.641.011.321.120.801.111.65
EPS Actual0.060.070.070.060.070.080.080.080.090.100.100.090.100.110.120.110.120.140.150.140.150.180.200.190.200.220.250.250.270.300.330.320.350.360.400.370.410.420.470.380.440.450.160.250.350.280.320.340.410.320.390.430.530.430.470.510.610.490.560.610.740.620.730.720.870.730.900.810.990.861.010.740.440.020.360.230.490.640.650.470.710.660.770.490.640.880.830.510.881.110.980.771.071.571.150.821.191.69
Surprise20.00%0.00%16.67%20.00%0.00%14.29%0.00%14.29%12.50%11.11%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%5.88%11.11%5.56%5.26%4.76%4.17%8.70%8.00%7.14%6.45%6.67%6.06%5.88%8.11%0.00%5.13%0.00%2.17%-2.56%2.33%0.00%14.29%8.70%9.38%0.00%3.23%3.03%0.00%0.00%2.63%7.50%8.16%4.88%4.44%0.00%0.00%-2.00%1.82%8.93%2.78%1.64%5.80%1.41%2.35%0.00%7.14%2.53%1.02%0.00%4.12%-1.33%175.86%104.08%256.52%64.29%32.43%1.59%3.17%11.90%1.43%3.13%1.32%25.64%4.92%7.32%12.16%10.87%20.55%4.72%7.69%20.31%5.94%18.94%2.68%2.50%7.21%2.42%
Timing-------------------------------------------After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.49B
Enterprise Value4.56B
Trailing P/E0.00
Forward P/E22.62
PEG Ratio1.76
Price / Sales0.81
Price / Book4.02
EPS-2.64
Book Value13.27
Revenue (TTM)3.07B
Gross Profit (TTM)757.00M
EBITDA459.04M
Profit Margin-4.38%
Operating Margin12.70%
Return on Equity-12.99%
Return on Assets6.13%
Shares Outstanding47.93M
Shares Float41.62M
Beta1.09
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 9 analystsTarget 71.22
  • Strong Buy
    2
  • Buy
    2
  • Hold
    4
  • Strong Sell
    1

Ownership Breakdown

Institutions
121.64%
Insiders
1.11%
Retail / Other
0.00%

Top Institutional Holders

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  • Kayne Anderson Rudnick Investment Management LLC
    2.88M6.01%
  • Vanguard Portfolio Management, LLC
    2.67M5.57%
  • Abrams Bison Investments, LLC
    2.39M4.99%
  • Vanguard Capital Management, LLC
    2.39M4.98%
  • Dimensional Fund Advisors, Inc.
    1.84M3.84%
  • State Street Corp
    1.79M3.73%
  • The Goldman Sachs Group Inc
    1.50M3.13%
  • Neuberger Berman Group LLC
    1.45M3.02%
  • Morgan Stanley - Brokerage Accounts
    1.44M3.01%
  • Bank of Montreal
    1.33M2.77%
  • BMO Capital Markets Corp.
    1.33M2.77%
  • Fuller & Thaler Asset Management Inc
    1.23M2.56%
  • Two Sigma Investments LLC
    1.14M2.39%
  • Giverny Capital Inc.
    1.08M2.25%

Top Fund Holders

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    2.93M6.11%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.54M3.22%
  • FullerThaler Behavioral Sm-Cp Eq R6
    1.18M2.45%
  • Vanguard Small Cap Index
    1.10M2.28%