SSNCSS&C Technologies Holdings Inc
Services-Prepackaged Software
- Revenue
- $6.3B
- 6.6% YoY
- Operating margin
- 22.9%
- 0.3% YoY
- EBITDA
- $2.1B
- 5.8% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.3×
- $7.1B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear218% of net incomeCash flow under 80% of net income
- Dilutive SBCClear4% of revenueOver 10% of revenue
- Payouts exceed cash flowClear74% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired48% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $5.1B | $5.3B | $5.5B | $5.9B | $6.3B | 6.6% |
| Operating income | $1.2B | $1.1B | $1.2B | $1.3B | $1.4B | 6.9% |
| Net income | $801M | $649M | $609M | $762M | $799M | 4.9% |
| Operating cash flow | $1.4B | $1.1B | $1.2B | $1.4B | $1.7B | 26% |
| Capex | $51M | $63M | $57M | $61M | $81M | 32% |
| Stock-based comp | $114M | $125M | $160M | $203M | $258M | 27% |
| Buybacks | $488M | $476M | $472M | $738M | $1.0B | 40% |
| Dividends | $174M | $203M | $221M | $245M | $254M | 3.6% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $25M | $53M | 128 | 222 |
| FY2024 | $26M | $32M | 110 | 176 |
| FY2023 | $20M | $19M | 87 | 141 |
| FY2022 | $13M | −$20M | 73 | 102 |
| FY2021 | $23M | $29M | 114 | 130 |