Factset Research Systems Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Factset Research Systems Inc (FDS) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Factset Research Systems Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 2,476M vs 15,040M combined for its competitors (14.1% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+2.5% annualized vs trailing 12 months), vs holding steady (+0.3%) for its tracked peer group.
- Growth: Factset Research Systems Inc generated 6.3% revenue growth year over year in Q4 2026, vs 5.0% for its competitors combined.
- Profitability: Its 19.1% net margin compares with 32.4% for the peer group.
- Scale: Factset Research Systems Inc ranks #10 of 93 companies by market capitalization in the Internet Services & Social Media industry, holding 0.6% of industry market cap.
- Peer revenue share: Factset Research Systems Inc accounted for 14.4% of combined revenue among its tracked peer group, up from 14.3% a year earlier.
- Peer differentiation: Revenue per employee of $0.20M compares with $0.51M for the peer group (0.4x).
- Structure: Factset Research Systems Inc operates in the following segments: Americas, EMEA, Asia Pacific.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
FDS Sales vs. its Competitors, Q4 2026
Factset Research Systems Inc reported revenue growth of 6.33 % year on year in Q4 2026, above its competitors' combined revenue growth of 4.98 %.
With a net margin of 19.08 %, Factset Research Systems Inc reported lower profitability than its competitors (32.39 %).
Factset Research Systems Inc generated 14.40 % of the combined sales of its peer group, up from 14.25 % a year earlier.
API endpoints for this dataset
Factset Research Systems Inc vs. its Competitors, Q4 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Factset Research Systems Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Factset Research Systems Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Factset Research Systems Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (4) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (5) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Factset Research Systems Inc's competitor groups requires a Commercial License.
For context: the Internet Services & Social Media industry grew revenue 18.3% year over year, combined, vs 6.3% for Factset Research Systems Inc. Factset Research Systems Inc's share of combined industry revenue moved from 0.26% to 0.23%, a loss of 0.03 percentage points.
Factset Research Systems Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Factset Research Systems Inc | Yes | Yes | No | Yes |
| Competitors combined (12) | ||||
| High-Confidence Competitors (5) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 50.00 % (4 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
FDS Stock Performance relative to its Competitors
FDS Stock Performance relative to High-Confidence Competitors
FDS Stock Performance relative to Similar-Size Competitors
FDS Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Donnelley Financial Solutions Inc | 282.9% | Outperformed |
| 2 | Marketwise Inc | 282.9% | Outperformed |
| 3 | Value Line Inc | 282.9% | Outperformed |
| 4 | Morningstar inc | 282.9% | Outperformed |
| 5 | Msci Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Factset Research Systems Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Factset Research Systems Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Factset Research Systems Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Factset Research Systems Inc |
12,004.71 | 2,476.26 |
 Blackrock Inc |
194,098.31 | 27,626.00 |
 Moody s Corporation |
87,632.61 | 8,199.00 |
 Relx Plc |
74,053.40 | 12,709.05 |
 Thomson Reuters Corporation |
50,603.87 | 7,476.00 |
 Msci Inc |
46,345.02 | 3,432.33 |
| SUBTOTAL | 498,074.08 | 75,618.78 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Factset Research Systems Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Factset Research Systems Inc's Competitors Named by the Company
Competitive relationships identified from Factset Research Systems Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| MSCI Inc. | Company report | 85% |
| Morningstar Inc. | Company report | 85% |
| BlackRock Aladdin | Company report | 85% |
| Quotemedia Inc | Company report | 85% |
| S&P's Market Intelligence division | Company report | 85% |
| Bloomberg L.P. | Company report | 85% |
| Marketwise Inc | Company report | 85% |
| London Stock Exchange Group | Company report | 85% |
| Market Intelligence | Company report | 85% |
| Refinitiv | Company report | 85% |
| S&P Global Market Intelligence | Company report | 85% |
| News Corporation | Company report | 85% |
| Moody s Corporation | Company report | 85% |
| Relx Plc | Company report | 85% |
| Thomson Reuters Corporation | Company report | 85% |
| Clearwater Analytics Holdings Inc | Company report | 85% |
| Envestnet inc | Company report | 85% |
| Value Line Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Factset Research Systems Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Factset Research Systems Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Factset Research Systems Inc | Americas 65.41 % |
| Moody s Corporation | Rating Revenue 53.14 % |
| Msci Inc | Index 59.71 % |
| News Corporation | Dow Jones 27.62 % |
| Morningstar inc | Morningstar Data and Analytics 33.11 % |
| Donnelley Financial Solutions Inc | Capital Markets Software Solutions 34.65 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Factset Research Systems Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Factset Research Systems Inc | 12,005 | 198,992 | 42,871 |
| Blackrock Inc | 194,098 | 1,109,478 | 286,345 |
| Moody s Corporation | 87,633 | 510,015 | 179,460 |
| Relx Plc | 74,053 | 385,123 | 83,069 |
| Thomson Reuters Corporation | 50,604 | 300,241 | 60,321 |
| Msci Inc | 46,345 | 547,595 | 220,751 |
| PEERS TOTAL | 486,069 | 509,112 | 116,987 |
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Factset Research Systems Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Factset Research Systems Inc | United States 60.98 % |
| Blackrock Inc | Americas 63.73 % |
| Moody s Corporation | United States 56.06 % |
| Msci Inc | United States 39.91 % |
| News Corporation | United States and Canada 48.38 % |
| Morningstar inc | United States 72.19 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Factset Research Systems Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 75 companies in Factset Research Systems Inc's industry classification, broader than the peer set above. Market cap in millions of $.Factset Research Systems Inc ranks #10 of 75 companies by market capitalization in its industry, holding 0.58 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 5,890, indicating a highly concentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Meta Platforms Inc | 1,565,645 | 76.32 % |
| 2 | Applovin Corporation | 131,853 | 6.43 % |
| 3 | Rentokil Initial Plc | 59,691 | 2.91 % |
| 4 | Thomson Reuters Corporation | 50,792 | 2.48 % |
| 5 | Gds Holdings Limited | 1,234 | 5.2% |
| 6 | Nebius Group n v | 1,234 | 5.2% |
| 7 | Zoom Communications Inc | 1,234 | 5.2% |
| 8 | Flutter Entertainment Plc | 1,234 | 5.2% |
| 9 | Gartner Inc | 1,234 | 5.2% |
| 10 | Factset Research Systems Inc | 11,867 | 0.58 % |
Market cap and industry share for the rest of Factset Research Systems Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-06.
Factset Research Systems Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 5 | Gds Holdings Limited | 36,756 | -36.06 % |
| 6 | Nebius Group n v | 32,072 | 13.29 % |
| 7 | Zoom Communications Inc | 26,941 | 7.01 % |
| 8 | Flutter Entertainment Plc | 14,297 | -63.90 % |
| 9 | Gartner Inc | 1,234 | 12.3% |
| 10 | Factset Research Systems Inc | 11,867 | 26.16 % |
| 11 | Pinterest Inc | 1,234 | 12.3% |
| 12 | Sound Group Inc | 1,234 | 12.3% |
| 13 | Digitalocean Holdings Inc | 1,234 | 12.3% |
| 14 | Snap Inc | 1,234 | 12.3% |
| 15 | Kanzhun Limited | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Factset Research Systems Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-06. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Factset Research Systems Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Internet Services & Social Media industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (145 companies). See the full Internet Services & Social Media industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 50.61 % | 46.59 % (avg) | +4.0 pp |
| Operating Margin | 28.27 % | industry median | +15.4 pp |
| EBITDA Margin | 46.45 % | 6.50 % (avg) | +39.9 pp |
| Capital Intensity (Capex / Revenue) | - | 7.18 % (avg) | - |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Factset Research Systems Inc's Valuation vs Competitive Position
Valuation multiples vs the Internet Services & Social Media industry average (145 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Internet Services & Social Media industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 19.0x | 38.5x | -19.4x |
| EV / EBITDA | 9.9x | 19.4x | -9.5x |
| P/B | 4.8x | 4.8x | +0.0x |
| Return on Equity | 25.56 % | industry aggregate | -12.80 % |
| Return on Invested Capital | 11.87 % | -1.89 % (avg) | 13.76 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Factset Research Systems Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 8.75 % | 5.66 % | 4.50 % | 7.41 % | 18.18 % | 10.34 % | 5.02 % | 5.88 % |
| Operating Margin | 27.51 % | 31.07 % | 29.53 % | 29.22 % | 27.27 % | 30.45 % | 31.56 % | 31.73 % |
| Return on Invested Capital | 21.22 % | 22.25 % | 16.03 % | 14.74 % | 11.01 % | 12.05 % | 12.85 % | 12.30 % |
| P/E | 30.2x | 28.5x | 33.5x | 43.1x | 38.9x | 36.4x | 34.1x | 17.9x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Factset Research Systems Inc's Strategic Group Map
Factset Research Systems Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Factset Research Systems Inc's trailing-12-month revenue growth of 6.7% and operating margin of 28.3% compares with an average of 6.9% growth and 26.9% margin across its 8 closest peers by combined growth, margin and ROIC -- Factset Research Systems Inc sits below that peer average on growth and above it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Factset Research Systems Inc's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Factset Research Systems Inc falls in the Dog quadrant: relative market share of 0.01x vs its largest competitor, in an industry growing revenue 6.7% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Meta Platforms Inc alone holds 76% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Factset Research Systems Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 5,890 (see Industry Market Structure & Concentration above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Factset Research Systems Inc's dedicated Suppliers and Customers pages, not here.
Factset Research Systems Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Factset Research Systems Inc falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Factset Research Systems Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 15.4 points above the industry median.
- Latest-quarter revenue run-rate is accelerating (+2.5% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 12.8 points below the industry aggregate.
- Low relative market share vs the industry leader (0.01x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- Trades at a lower P/E than the industry average (19.0x vs 38.5x) despite a higher return on invested capital -- a possible re-rating opportunity.
Threats
- Industry dominated by Meta Platforms Inc , holding 76.32 % of industry market cap.
Methodology: see Methodology: SWOT Analysis.
Factset Research Systems Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Factset Research Systems Inc | 0.35 | 0.89 | 0.78 |
| Blackrock Inc | 7.72 | 7.87 | 0.23 |
| Moody s Corporation | 0.52 | 1.33 | 2.08 |
| Relx Plc | 0.02 | 0.49 | - |
| Thomson Reuters Corporation | 0.15 | 0.64 | 0.11 |
| Msci Inc | 0.23 | 0.87 | - |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Factset Research Systems Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Factset Research Systems Inc | Q3 2026 | +6.3 % | -21.1 % |
| Blackrock Inc | Q2 2026 | +27.2 % | +22.6 % |
| Moody s Corporation | Q3 2026 | +0.8 % | +13.4 % |
| Relx Plc | Q4 2025 | +4.9 % | +10.3 % |
| Thomson Reuters Corporation | Q4 2025 | +3.0 % | -31.9 % |
| Msci Inc | Q3 2026 | +12.4 % | +7.9 % |
| PEERS TOTAL | +9.1 % | -5.6 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Factset Research Systems Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Factset Research Systems Inc | Q3 2026 | +13.0 % | -19.3 % |
| Blackrock Inc | Q2 2026 | - | +22.5 % |
| Moody s Corporation | Q3 2026 | +6.5 % | +0.0 % |
| Relx Plc | Q4 2025 | +1.1 % | +8.4 % |
| Thomson Reuters Corporation | Q4 2025 | -57.9 % | +4.4 % |
| Msci Inc | Q3 2026 | +14.8 % | +93.9 % |
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Factset Research Systems Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Factset Research Systems Inc | 12.66% | 14.01% | 25.56% |
| Blackrock Inc | 4.20% | 4.33% | 12.59% |
| Moody s Corporation | 19.21% | 23.29% | 82.87% |
| Relx Plc | 13.81% | 17.03% | 85.30% |
| Thomson Reuters Corporation | 8.37% | 12.17% | 12.61% |
| Msci Inc | 24.66% | 34.41% | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Factset Research Systems Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Factset Research Systems Inc | 22.68 | 4.85 |
| Blackrock Inc | 28.04 | 7.03 |
| Moody s Corporation | 30.85 | 10.69 |
| Relx Plc | 35.87 | 5.83 |
| Thomson Reuters Corporation | 33.80 | 6.77 |
| Msci Inc | 34.11 | 13.50 |
| PEERS AVERAGE | 28.72 | 6.59 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.