Bright Horizons Family Solutions Inc. (BFAM)

Bright Horizons Family Solutions Inc. provides early education and childcare, comprehensive back-up care, educational advisory, and other workplace solutions services for employers and families in the United States, Puerto Rico, the United Kingdom, the Netherlands, Australia, and India. It operates in three segments: Full-Service Center-Based Child Care, Back-Up Care, and Educational Advisory services. The Full-Service Center-Based Child Care segment offers traditional center-based early education and childcare, preschool, and elementary education services. The Back-Up Care segment provides center-based back-up childcare, in-home child and senior care, school-age programs, camps, tutoring, pet care, and self-sourced reimbursed care services, as well as sittercity, an online marketplace for families and caregivers through early education and childcare centers, school-age programs and in-home care providers, the back-up care network, and other providers. The Educational Advisory services segment offers tuition assistance and student loan repayment program management, workforce education, and related educational consulting services, as well as college admissions and college financial advisory services. The company was formerly known as Bright Horizons Solutions Corp. and changed its name to Bright Horizons Family Solutions Inc. in July 2012. Bright Horizons Family Solutions Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.

Ticker
BFAM
Exchange
NYSE
Sector
Consumer Cyclical
Industry
Personal Services
Market cap
$2.57B
52-week range
$52.10 - $105.75

Valuation

Share price
$53.52 (close of Nov 6, 2026)
P/E (TTM)
-18.14x
Price to book
4.03x
Price to free cash flow
10.17x
Enterprise value
$4.57B
Book value per share
$13.27

Price performance

PeriodChange
1 day-3.52%
5 days-2.66%
1 month-19.42%
3 months-27.65%
6 months-19.35%
Year to date-47.22%
1 year-45.30%
3 years-37.00%
5 years-64.01%
10 years-15.18%
All time+88.98%

Short interest

As of
Oct 15, 2026
Short % of float
5.14%
Shares short
2.45M
Days to cover
3.82
Change since prior report
-1.73%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
14.42%
Return on invested capital
7.67%
Return on assets
4.96%
Return on capital employed
10.76%
Gross margin
23.77%
Net margin
6.58%
EBITDA margin
13.91%
Revenue growth
9.22%
Net income growth
37.75%
Free cash flow growth
7.66%

Cash flow and balance sheet

Free cash flow yield (TTM)
9.84%
Current ratio
0.45x
Net debt to EBITDA
19.72x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$2.93B
Cost of revenue
$2.24B
Gross profit
$697.19M
EBITDA
$408.07M
Net income
$193.12M
Earnings per share
$3.39
Interest expense
$44.76M
Shares outstanding
56.95M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$2.93B$697.19M$193.12M$3.39
2024-12-31$2.69B$619.61M$140.19M$2.42
2023-12-31$2.42B$531.72M$74.22M$1.28
2022-12-31$2.02B$478.65M$80.64M$1.38
2021-12-31$1.76B$415.01M$70.46M$1.16
2020-12-31$1.52B$304.55M$26.99M$0.45
2019-12-31$2.06B$522.94M$180.39M$3.10
2018-12-31$1.90B$473.25M$157.98M$2.72
2017-12-31$1.74B$430.61M$156.96M$2.65
2016-12-31$1.57B$390.85M$94.76M$1.59

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3123.77%6.58%14.42%7.67%
2024-12-3123.07%5.22%10.97%6.15%
2023-12-3121.99%3.07%6.12%4.10%
2022-12-3123.69%3.99%7.46%4.14%
2021-12-3123.64%4.01%5.97%3.68%
2020-12-3120.10%1.78%2.10%1.70%
2019-12-3125.36%8.75%18.57%8.12%
2018-12-3124.87%8.30%20.27%10.82%
2017-12-3124.73%9.02%20.95%11.13%
2016-12-3124.90%6.04%13.78%8.49%

Cash and debt by year

Period endCashDebt
2025-12-31$140.09M$747.61M
2024-12-31$110.33M$918.45M
2023-12-31$71.57M$944.26M
2022-12-31$36.22M$961.58M
2021-12-31$260.98M$976.40M
2020-12-31$384.34M$1.02B
2019-12-31$27.87M$1.03B
2018-12-31$15.45M$1.04B
2017-12-31$23.23M$1.05B
2016-12-31$14.63M$1.05B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$258.55M$30.61M
2024-12-31$240.15M$33.62M
2023-12-31$165.12M$28.83M
2022-12-31$117.92M$28.11M
2021-12-31$163.76M$23.06M
2020-12-31$124.83M$21.00M
2019-12-31$218.51M$17.28M
2018-12-31$202.26M$13.81M
2017-12-31$160.07M$12.07M
2016-12-31$137.88M$11.65M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-29Sep 2026$1.65
2026-07-30Jun 2026$1.11
2026-05-05Mar 2026$0.69
2026-02-12Dec 2025$1.02
2025-10-30Sep 2025$1.21
2025-07-31Jun 2025$0.90
2025-05-05Mar 2025$0.52
2025-02-13Dec 2024$0.80

Filings and sources

Company website
brighthorizons.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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