Jack Henry & Associates
JKHY stock analysis · Financials · Transaction & Payment Processing Services
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-04-24. Approximate; share and price dates can differ.
View share-count filing ↗Reviewed cash-flow model
Reviewed operating-business exception limited to this annual period. Jack Henry provides technology, processing and software to financial institutions; the customers' banking businesses are not consolidated into the vendor. This review covers FY2025, first filed August 25, 2025, and the FY2024 comparative only. The normalized history includes later comparative filings. FY2024 debt is $150m including its $90m current portion, and the filing explicitly reports no debt at June 30, 2025. The existing PP&E cash-flow proxy excludes FY2025 software purchases and development totaling $177.808m ($174.305m in FY2024); it is not the issuer's all-investment free cash flow. Business description ↗
Cash-flow proxy: excluded reinvestment
The PP&E-only cash-flow proxy excludes $172.445m software development and $5.363m software purchases. It exceeds cash remaining after those $177.808m cash expenditures. Read the cash-flow statement ↗
DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-04-24 · -8.7% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
8 industry peers · median 25.3×
How this is calculated ↗Historical multiples
7 annual observations · snapshot P/E 21.5× · -35.9% versus history
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation) · short-term borrowing coverage incomplete
How this is calculated ↗Value composite
Annual basis · read assumptions below
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Annual basis · read assumptions below
How this is calculated ↗Accrual quality
Annual basis · read assumptions below
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $157.70 | $172.07 | $187.51 |
| 10.0% | $115.56 | $125.73 | $136.65 |
| 12.0% | $91.17 | $98.93 | $107.24 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2026-06-30 | 2.5B | 502.8M | 762M | 67.1M | 3.1B |
| 2025-06-30 | 2.4B | 455.7M | 641.5M | 53.4M | 3B |
| 2024-06-30 | 2.2B | 381.8M | 568M | 58.1M | 2.9B |
| 2023-06-30 | 2.1B | 366.6M | 381.6M | 39.2M | 2.8B |
| 2022-06-30 | 1.9B | 362.9M | 504.6M | 34.7M | 2.5B |
| 2021-06-30 | 1.8B | 311.5M | 462.1M | 23M | 2.3B |
| 2020-06-30 | 1.7B | 296.7M | 510.5M | 53.5M | 2.4B |
| 2019-06-30 | 1.6B | 271.9M | 431.1M | 53.6M | 2.2B |
| 2018-06-30 | 1.5B | 365M | 412.1M | 40.1M | 2B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 2.4B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-08-28 |
| netIncome | 455.7M | ProfitLoss Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-08-28 |
| Parent/common earnings proxy | 455.7M | NetIncomeLoss | 2026-08-28 |
| cfo | 641.5M | NetCashProvidedByUsedInOperatingActivities | 2026-08-28 |
| capex | 53.4M | Reviewed manual correction Reviewed consolidated cash-flow statement capital-expenditure amount retained without changing the existing PP&E proxy definition. The PP&E-only cash-flow proxy excludes $172.445m software development and $5.363m software purchases. It exceeds cash remaining after those $177.808m cash expenditures. | 2026-08-28 |
| operatingIncome | 568.7M | OperatingIncomeLoss | 2026-08-28 |
| assets | 3B | Assets | 2026-08-28 |
| equity | 2.1B | StockholdersEquity Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-08-28 |
| Parent book equity proxy | 2.1B | StockholdersEquity | 2026-08-28 |
| debt | 0 | LongTermDebt | 2026-08-28 |
| shortDebt | — | Not reported under a supported tag | — |
| cash | 102M | CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents | 2026-08-28 |
| shares | 73M | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-08-28 |
| dividends | 164.6M | PaymentsOfDividends | 2026-08-28 |
| buybacks | 35.1M | PaymentsForRepurchaseOfCommonStock | 2026-08-28 |
| issuance | 11.7M | ProceedsFromIssuanceOfCommonStock | 2026-08-28 |