Bright Horizons Family Solutions (BFAM) Financial Statements

Price: $124.89
Market Cap: $7.16B
Avg Volume: 416.83K
Country: US
Industry: Personal Products & Services
Sector: Consumer Cyclical
Beta: 1.499
52W Range: $100.59-141.9
Website: Bright Horizons Family Solutions

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Bright Horizons Family Solutions.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$2.80B$2.80B$2.10B$2.10B$1.40B$1.40B$700.00M$700.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$450.00M$450.00M$360.00M$360.00M$270.00M$270.00M$180.00M$180.00M$90.00M$90.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Revenue $2.69B $2.42B $2.02B $1.76B $1.52B $2.06B $1.90B $1.74B $1.57B $1.46B
Cost of Revenue $2.07B $1.90B $1.54B $1.34B $1.21B $1.54B $1.43B $1.31B $1.18B $1.10B
Gross Profit $619.61M $522.23M $478.65M $415.01M $304.55M $522.94M $473.25M $430.61M $390.85M $357.75M
Gross Profit Ratio 23.07% 21.60% 23.69% 23.60% 20.10% 25.36% 24.87% 24.73% 24.90% 24.53%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $- $- $201.59M $188.94M $163.97M $148.16M
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $354.64M $324.32M $289.16M $256.82M $219.56M $221.50M $201.59M $188.94M $163.97M $148.16M
Other Expenses $18.34M $- $31.91M $29.17M $31.65M $33.62M $32.57M $32.56M $29.64M $27.99M
Operating Expenses $372.99M $360.48M $321.07M $285.99M $251.22M $255.12M $234.16M $225.17M $193.61M $176.15M
Cost and Expenses $2.44B $2.26B $1.86B $1.63B $1.46B $1.79B $1.66B $1.54B $1.37B $1.28B
Interest Income $- $- $39.49M $36.10M $37.68M $45.15M $- $- $81.00K $163.00K
Interest Expense $48.76M $51.61M $39.49M $36.10M $37.68M $45.15M $47.51M $44.04M $42.92M $41.45M
Depreciation and Amortization $97.92M $110.68M $106.14M $108.83M $111.66M $108.27M $100.94M $94.78M $85.28M $78.67M
EBITDA $344.54M $281.92M $265.27M $230.35M $165.00M $376.09M $340.04M $300.21M $271.49M $260.27M
EBITDA Ratio 12.83% 11.66% 13.05% 13.55% 10.89% 18.24% 17.87% 17.24% 18.00% 17.85%
Operating Income $246.62M $160.49M $157.59M $129.02M $53.33M $267.82M $239.09M $205.44M $197.24M $181.60M
Operating Income Ratio 9.18% 6.64% 7.80% 7.35% 3.52% 12.99% 12.56% 11.80% 12.56% 12.45%
Total Other Income Expenses Net $-48.76M $-40.86M $-45.40M $-38.67M $-37.68M $-45.15M $-47.51M $-44.04M $-54.04M $-41.45M
Income Before Tax $197.86M $119.63M $112.18M $90.35M $15.65M $222.66M $191.59M $161.40M $143.20M $140.16M
Income Before Tax Ratio 7.37% 4.95% 5.55% 5.15% 1.03% 10.80% 10.07% 9.27% 9.12% 9.61%
Income Tax Expense $57.67M $45.41M $31.54M $19.89M $-11.34M $42.28M $33.61M $4.44M $48.44M $46.23M
Net Income $140.19M $74.05M $80.64M $70.46M $26.99M $180.39M $157.98M $156.96M $94.76M $93.93M
Net Income Ratio 5.22% 3.06% 3.99% 4.01% 1.78% 8.75% 8.30% 9.02% 6.04% 6.44%
EPS $2.42 $1.28 $1.38 $1.17 $0.45 $3.10 $2.73 $2.65 $1.59 $1.53
EPS Diluted $2.40 $1.28 $1.37 $1.16 $0.45 $3.05 $2.68 $2.59 $1.55 $1.50
Weighted Average Shares Outstanding 57.93M 57.72M 58.34M 60.31M 59.53M 57.84M 57.81M 58.87M 59.23M 60.84M
Weighted Average Shares Outstanding Diluted 58.47M 57.93M 58.49M 60.87M 60.31M 58.95M 59.00M 60.25M 60.59M 62.36M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$4.00B$4.00B$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Equity$1.50B$1.50B$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Cash and Cash Equivalents $110.33M $71.57M $36.22M $260.98M $384.34M $27.87M $15.45M $23.23M $12.86M $11.54M
Short Term Investments $11.70M $22.00M $17.70M $22.71M $21.49M $17.05M $- $- $- $-
Cash and Short Term Investments $122.03M $93.57M $36.22M $260.98M $384.34M $27.87M $15.45M $23.23M $12.86M $11.54M
Net Receivables $283.34M $281.71M $217.17M $210.97M $176.62M $148.85M $131.18M $117.14M $97.21M $97.30M
Inventory $- $- $73.27M $1 $1 $- $- $- $1 $-
Other Current Assets $102.37M $71.62M $76.61M $88.90M $92.46M $66.17M $75.26M $81.04M $42.55M $43.88M
Total Current Assets $496.03M $446.90M $347.71M $540.27M $624.18M $228.89M $193.89M $192.46M $160.05M $154.93M
Property Plant Equipment Net $1.30B $1.35B $1.37B $1.29B $1.35B $1.34B $597.14M $575.18M $529.43M $429.74M
Goodwill $1.76B $1.79B $1.73B $1.48B $1.43B $1.41B $1.35B $1.31B $1.27B $1.15B
Intangible Assets $197.57M $216.58M $245.57M $251.03M $274.62M $304.67M $323.04M $348.54M $374.57M $389.33M
Goodwill and Intangible Assets $1.96B $2.00B $1.97B $1.73B $1.71B $1.72B $1.67B $1.66B $1.65B $1.54B
Long Term Investments $33.58M $16.68M $19.02M $-48.51M $-45.95M $-58.94M $-71.31M $-74.07M $-111.71M $-113.10M
Tax Assets $- $- $50.74M $48.51M $45.95M $58.94M $71.31M $74.07M $111.71M $113.10M
Other Non-Current Assets $61.62M $75.58M $34.87M $72.46M $49.30M $46.88M $62.63M $45.67M $32.91M $28.57M
Total Non-Current Assets $3.35B $3.45B $3.45B $3.10B $3.10B $3.10B $2.33B $2.28B $2.21B $2.00B
Other Assets $- $- $- $- $- $- $- $- $- $-0
Total Assets $3.85B $3.90B $3.80B $3.64B $3.73B $3.33B $2.52B $2.47B $2.37B $2.15B
Account Payables $32.84M $24.80M $24.65M $8.50M $29.96M $17.82M $16.21M $31.72M $26.17M $26.94M
Short Term Debt $130.59M $118.89M $194.09M $190.68M $185.11M $177.00M $128.95M $137.85M $86.75M $33.55M
Tax Payables $3.12M $- $- $- $3.66M $6.67M $835.00K $4.68M $3.08M $1.92M
Deferred Revenue $305.10M $272.89M $222.99M $321.47M $238.33M $222.36M $200.64M $189.91M $182.86M $157.02M
Other Current Liabilities $307.75M $382.85M $344.56M $164.55M $114.14M $90.68M $167.38M $130.71M $124.89M $105.65M
Total Current Liabilities $779.40M $799.43M $786.29M $622.17M $530.81M $483.29M $483.79M $460.65M $396.89M $307.56M
Long Term Debt $743.56M $1.74B $2.58B $1.68B $2.48B $1.71B $1.11B $1.05B $1.05B $905.66M
Deferred Revenue Non-Current $- $8.66M $8.93M $9.69M $10.21M $10.10M $5.68M $24.63M $20.64M $16.68M
Deferred Tax Liabilities Non-Current $20.30M $33.16M $50.74M $48.51M $45.95M $58.94M $71.31M $74.07M $111.71M $113.10M
Other Non-Current Liabilities $1.03B $134.41M $-659.20M $100.09M $-623.77M $92.86M $75.37M $130.67M $111.57M $94.22M
Total Non-Current Liabilities $1.79B $1.88B $1.93B $1.84B $1.91B $1.88B $1.26B $1.26B $1.28B $1.12B
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $2.57B $2.68B $2.72B $2.46B $2.44B $2.36B $1.74B $1.72B $1.68B $1.42B
Preferred Stock $- $- $- $- $- $- $- $- $- $-
Common Stock $57.00K $58.00K $58.00K $59.00K $60.00K $58.00K $57.00K $58.00K $59.00K $60.00K
Retained Earnings $766.02M $625.83M $551.60M $470.96M $400.50M $373.51M $193.12M $35.14M $-121.82M $-216.58M
Accumulated Other Comprehensive Income Loss $-110.30M $-59.10M $-70.63M $-37.36M $-27.07M $-50.33M $-62.35M $-33.30M $-89.45M $-39.27M
Other Total Stockholders Equity $622.62M $645.89M $599.42M $745.62M $910.30M $648.03M $648.65M $747.15M $899.08M $983.40M
Total Stockholders Equity $1.28B $1.21B $1.08B $1.18B $1.28B $971.27M $779.48M $749.06M $687.87M $727.61M
Total Equity $1.28B $1.21B $1.08B $1.18B $1.28B $971.27M $779.48M $749.06M $687.87M $727.61M
Total Liabilities and Stockholders Equity $3.85B $3.90B $3.80B $3.64B $3.73B $3.33B $2.52B $2.47B $2.37B $2.15B
Minority Interest $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $3.85B $3.90B $3.80B $3.64B $3.73B $3.33B $2.52B $2.47B $2.37B $2.15B
Total Investments $45.28M $38.69M $36.72M $22.71M $21.49M $17.05M $-71.31M $-74.07M $-111.71M $-113.10M
Total Debt $874.15M $1.86B $1.97B $1.78B $1.85B $1.81B $1.17B $1.18B $1.14B $939.21M
Net Debt $763.83M $1.79B $1.93B $1.52B $1.46B $1.78B $1.15B $1.16B $1.13B $927.67M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M-$400.00M-$400.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Financing Cash Flow$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.00-$100.00M-$100.00M-$200.00M-$200.00M-$300.00M-$300.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Net Income $140.19M $74.05M $80.64M $70.46M $26.99M $180.39M $157.98M $156.96M $94.76M $93.93M
Depreciation and Amortization $97.92M $110.68M $106.14M $108.83M $111.66M $108.27M $100.94M $94.78M $85.28M $78.67M
Deferred Income Tax $-9.93M $-11.72M $-9.64M $-5.00M $-12.28M $-11.34M $-5.47M $-37.56M $-12.12M $-758.00K
Stock Based Compensation $33.62M $28.83M $28.11M $23.06M $21.00M $17.28M $13.81M $12.07M $11.65M $9.20M
Change in Working Capital $34.29M $5.72M $-40.18M $7.05M $30.44M $36.31M $23.66M $-639.00K $14.90M $-16.86M
Accounts Receivables $- $-64.50M $-4.88M $-34.62M $-27.47M $-15.72M $-14.50M $-18.69M $-78.00K $-13.66M
Inventory $- $- $- $-6.24M $10.82M $8.20M $10.17M $2.82M $3.71M $-6.90M
Accounts Payables $30.64M $26.00M $19.96M $6.24M $23.00M $9.03M $15.91M $5.91M $-6.86M $-6.45M
Other Working Capital $3.64M $44.22M $-55.25M $41.67M $24.10M $34.80M $12.07M $9.32M $18.13M $10.15M
Other Non Cash Items $41.38M $48.57M $23.40M $22.85M $31.75M $-555.00K $3.82M $10.66M $17.05M $6.90M
Net Cash Provided by Operating Activities $337.46M $256.14M $188.47M $227.25M $209.57M $330.35M $294.75M $236.27M $211.52M $171.08M
Investments in Property Plant and Equipment $-97.31M $-91.02M $-60.01M $-57.66M $-72.83M $-104.77M $-91.43M $-83.84M $-74.10M $-77.73M
Acquisitions Net $-8.27M $-39.63M $-210.41M $-53.90M $-8.25M $-59.29M $-67.11M $-21.48M $-228.74M $-78.66M
Purchases of Investments $-14.22M $-16.05M $-31.02M $-29.91M $-25.70M $-25.02M $-767.00K $- $- $-
Sales Maturities of Investments $- $19.54M $23.39M $24.08M $22.97M $3.00M $-1.06M $- $- $-
Other Investing Activities $2.04M $225.00K $-5.92M $-53.90M $915.00K $-3.00M $1.83M $4.29M $10.00K $23.00K
Net Cash Used for Investing Activities $-117.76M $-126.94M $-278.05M $-117.39M $-83.83M $-189.07M $-158.54M $-105.32M $-302.84M $-156.39M
Debt Repayment $-17.00M $-100.00M $68.00M $-42.39M $-10.75M $-128.61M $-19.65M $43.04M $186.96M $14.45M
Common Stock Issued $- $- $- $- $249.79M $- $- $4.36M $3.68M $3.86M
Common Stock Repurchased $-84.60M $- $-182.57M $-213.83M $-32.66M $-31.55M $-126.68M $-162.19M $-112.79M $-128.10M
Dividends Paid $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $-82.22M $-2.82M $-6.77M $26.19M $22.61M $11.03M $12.14M $-4.71M $15.91M $19.21M
Net Cash Used Provided by Financing Activities $-183.81M $-91.63M $-121.34M $-230.03M $229.00M $-149.13M $-134.19M $-123.86M $93.75M $-90.58M
Effect of Forex Changes on Cash $-1.62M $-14.00K $-2.47M $-3.02M $2.53M $559.00K $-103.00K $1.51M $-1.12M $-454.00K
Net Change in Cash $34.26M $37.56M $-213.39M $-123.18M $357.27M $-7.29M $1.91M $8.59M $1.32M $-76.35M
Cash at End of Period $123.72M $89.45M $51.89M $265.28M $388.46M $31.19M $38.48M $23.23M $12.86M $11.54M
Cash at Beginning of Period $89.45M $51.89M $265.28M $388.46M $31.19M $38.48M $36.57M $14.63M $11.54M $87.89M
Operating Cash Flow $337.46M $256.14M $188.47M $227.25M $209.57M $330.35M $294.75M $236.27M $211.52M $171.08M
Capital Expenditure $-97.31M $-91.02M $-60.01M $-57.66M $-72.83M $-104.77M $-91.43M $-83.84M $-74.10M $-77.73M
Free Cash Flow $240.15M $165.12M $128.46M $169.59M $136.74M $225.59M $203.31M $152.44M $137.42M $93.34M