Bright Horizons Family Solutions Inc. (BFAM)

BFAM Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,729	2,686	2,418	2,020	1,755	1,515
Revenue Growth (YoY)	9.71%	11.07%	19.69%	15.11%	15.86%	-26.52%
Cost of Revenue	2,058	2,036	1,896	1,629	1,391	1,287
Gross Profit	670.51	649.91	522.23	391.85	364.11	227.65
Selling, General & Admin	359.08	352.46	324.32	279.96	249.48	220.95
Other Operating Expenses	-	-	4	-	-	-
Operating Expenses	371.38	370.81	361.74	311.87	278.66	252.61
Operating Income	299.14	279.1	160.49	79.99	85.46	-24.96
Interest Expense	-45.43	-48.76	-51.61	-39.49	-36.1	-37.68
Currency Exchange Gain (Loss)	-	-	-	-5.92	-	-
EBT Excluding Unusual Items	253.7	230.34	108.88	34.58	49.36	-62.64
Merger & Restructuring Charges	-	-	-	-9.2	-	-6.6
Asset Writedown	-30.3	-30.3	-35.9	-	-	-
Other Unusual Items	0.12	-2.18	46.66	86.8	40.99	84.89
Pretax Income	223.52	197.86	119.63	112.18	90.35	15.65
Income Tax Expense	62.27	57.67	45.41	31.54	19.89	-11.34
Net Income	161.25	140.19	74.22	80.64	70.46	26.99
Preferred Dividends & Other Adjustments	-	-	0.17	0.34	0.31	0.12
Net Income to Common	161.25	140.19	74.05	80.3	70.15	26.88
Net Income Growth	94.08%	88.88%	-7.96%	14.45%	161.04%	-85.04%
Shares Outstanding (Basic)	58	58	58	58	60	60
Shares Outstanding (Diluted)	58	58	58	58	61	60
Shares Change (YoY)	0.52%	0.93%	-0.95%	-3.91%	0.93%	2.31%
EPS (Basic)	2.79	2.42	1.28	1.38	1.16	0.45
EPS (Diluted)	2.77	2.40	1.28	1.37	1.15	0.45
EPS Growth	93.82%	87.50%	-6.76%	19.11%	158.61%	-85.37%
Free Cash Flow	214.17	240.15	165.12	117.92	163.76	124.83
Free Cash Flow Per Share	3.67	4.11	2.85	2.02	2.69	2.07
Gross Margin	24.57%	24.20%	21.59%	19.39%	20.74%	15.02%
Operating Margin	10.96%	10.39%	6.64%	3.96%	4.87%	-1.65%
Profit Margin	5.91%	5.22%	3.06%	3.97%	4.00%	1.77%
Free Cash Flow Margin	7.85%	8.94%	6.83%	5.84%	9.33%	8.24%
EBITDA	391.3	377.02	271.17	186.13	194.29	86.71
EBITDA Margin	14.34%	14.04%	11.21%	9.21%	11.07%	5.72%
D&A For EBITDA	92.16	97.92	110.68	106.14	108.83	111.66
EBIT	299.14	279.1	160.49	79.99	85.46	-24.96
EBIT Margin	10.96%	10.39%	6.64%	3.96%	4.87%	-1.65%
Effective Tax Rate	27.86%	29.15%	37.96%	28.12%	22.01%	-

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q