Sei Investments (SEIC) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
551.3M
Gross Profit
303.9M
55.13%
Operating Income
157.1M
28.49%
Net Income
151.5M
27.48%
EPS (Diluted)
$1.17
Balance Sheet Metrics
Total Assets
2.6B
Total Liabilities
308.2M
Shareholders Equity
2.3B
Debt to Equity
0.14
Cash Flow Metrics
Operating Cash Flow
213.3M
Free Cash Flow
85.6M
Revenue & Profitability Trend
Sei Investments Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.1B | 1.9B | 2.0B | 1.9B | 1.7B |
| Cost of Goods Sold | 996.8M | 935.7M | 945.8M | 830.3M | 738.1M |
| Gross Profit | 1.1B | 984.1M | 1.0B | 1.1B | 946.0M |
| Gross Margin % | 53.1% | 51.3% | 52.5% | 56.7% | 56.2% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 270.4M | 262.8M | 281.4M | 264.7M | 254.9M |
| Other Operating Expenses | 230.9M | 222.9M | 200.2M | 177.3M | 161.2M |
| Total Operating Expenses | 501.4M | 485.6M | 481.6M | 442.0M | 416.2M |
| Operating Income | 551.7M | 424.5M | 475.8M | 553.4M | 445.9M |
| Operating Margin % | 26.0% | 22.1% | 23.9% | 28.8% | 26.5% |
| Non-Operating Items | |||||
| Interest Income | 48.9M | 41.0M | 13.3M | 3.6M | 6.6M |
| Interest Expense | 563.0K | 583.0K | 749.0K | 563.0K | 609.0K |
| Other Non-Operating Income | 146.7M | 129.7M | 121.0M | 137.2M | 116.8M |
| Pre-tax Income | 746.8M | 594.7M | 609.3M | 693.7M | 568.7M |
| Income Tax | 165.6M | 132.4M | 133.8M | 147.1M | 121.4M |
| Effective Tax Rate % | 22.2% | 22.3% | 22.0% | 21.2% | 21.3% |
| Net Income | 581.2M | 462.3M | 475.5M | 546.6M | 447.3M |
| Net Margin % | 27.3% | 24.1% | 23.9% | 28.5% | 26.6% |
| Key Metrics | |||||
| EBITDA | 819.8M | 666.4M | 701.0M | 787.2M | 653.5M |
| EPS (Basic) | $4.47 | $3.49 | $3.49 | $3.87 | $3.05 |
| EPS (Diluted) | $4.41 | $3.46 | $3.46 | $3.81 | $3.00 |
| Basic Shares Outstanding | 130073000 | 132593000 | 136071000 | 141216000 | 146709000 |
| Diluted Shares Outstanding | 130073000 | 132593000 | 136071000 | 141216000 | 146709000 |
Income Statement Trend
Sei Investments Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 839.9M | 834.7M | 853.0M | 831.4M | 784.6M |
| Short-term Investments | 29.6M | 31.3M | 32.1M | 28.3M | 34.1M |
| Accounts Receivable | 197.7M | 171.2M | 172.7M | 170.2M | 154.4M |
| Inventory | - | - | - | - | - |
| Other Current Assets | 60.3M | 54.5M | 48.7M | 43.6M | 38.7M |
| Total Current Assets | 1.6B | 1.5B | 1.5B | 1.4B | 1.3B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 225.7M | 215.6M | 204.3M | 186.8M | 180.2M |
| Goodwill | 654.0M | 596.9M | 524.0M | 546.7M | 424.3M |
| Intangible Assets | 313.4M | 322.2M | 292.8M | 312.2M | 295.3M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 145.0M | 115.0M | 76.6M | 64.2M | 69.0M |
| Total Non-Current Assets | 1.1B | 1.0B | 930.2M | 950.5M | 866.3M |
| Total Assets | 2.7B | 2.5B | 2.4B | 2.4B | 2.2B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 13.1M | 10.6M | 13.3M | 10.3M | 7.8M |
| Short-term Debt | 7.9M | 8.1M | 10.3M | 11.3M | 8.6M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | 380.5M | 353.0M | 397.9M | 355.7M | 317.3M |
| Non-Current Liabilities | |||||
| Long-term Debt | 24.2M | 17.2M | 18.8M | 67.6M | 34.1M |
| Deferred Tax Liabilities | - | - | 0 | 48.9M | 55.2M |
| Other Non-Current Liabilities | 26.9M | 17.1M | 12.3M | 20.9M | 20.1M |
| Total Non-Current Liabilities | 52.0M | 35.1M | 31.8M | 138.2M | 110.1M |
| Total Liabilities | 432.5M | 388.2M | 429.7M | 493.9M | 427.3M |
| Equity | |||||
| Common Stock | 1.3M | 1.3M | 1.3M | 1.4M | 1.4M |
| Retained Earnings | 758.0M | 762.6M | 694.3M | 632.6M | 565.3M |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 2.3B | 2.1B | 2.0B | 1.9B | 1.7B |
| Key Metrics | |||||
| Total Debt | 32.1M | 25.4M | 29.1M | 79.0M | 42.6M |
| Working Capital | 1.2B | 1.1B | 1.1B | 1.0B | 983.7M |
Balance Sheet Composition
Sei Investments Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 581.2M | 462.3M | 475.5M | 546.6M | 447.3M |
| Depreciation & Amortization | 75.2M | 74.0M | 87.9M | 92.6M | 83.9M |
| Stock-Based Compensation | 58.6M | 31.3M | 39.4M | 41.5M | 27.0M |
| Working Capital Changes | -72.3M | -45.5M | -15.9M | -57.3M | -55.5M |
| Operating Cash Flow | 615.1M | 487.6M | 528.3M | 615.5M | 498.0M |
| Investing Activities | |||||
| Capital Expenditures | -22.3M | -24.8M | -39.2M | -26.5M | -54.4M |
| Acquisitions | -38.5M | -56.4M | 0 | -80.2M | 0 |
| Investment Purchases | -177.0M | -143.4M | -178.2M | -216.3M | -143.5M |
| Investment Sales | 152.9M | 122.0M | 161.2M | 195.1M | 156.0M |
| Investing Cash Flow | -93.0M | -107.6M | -54.5M | -138.8M | -43.4M |
| Financing Activities | |||||
| Share Repurchases | -500.1M | -308.9M | -344.7M | -408.1M | -427.0M |
| Dividends Paid | -120.3M | -114.8M | -109.8M | -105.5M | -103.9M |
| Debt Issuance | - | 0 | 0 | 40.0M | 0 |
| Debt Repayment | 0 | 0 | -40.0M | 0 | - |
| Financing Cash Flow | -494.4M | -331.3M | -437.2M | -382.3M | -482.1M |
| Free Cash Flow | 565.8M | 388.2M | 491.6M | 580.6M | 410.1M |
| Net Change in Cash | 27.7M | 48.7M | 36.6M | 94.4M | -27.5M |
Cash Flow Trend
Sei Investments Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
16.58
Forward P/E
18.08
Price to Book
4.67
Price to Sales
4.94
PEG Ratio
0.23
Profitability Ratios
Profit Margin
31.25%
Operating Margin
26.56%
Return on Equity
30.06%
Return on Assets
14.34%
Financial Health
Current Ratio
6.18
Debt to Equity
1.24
Beta
0.95
Per Share Data
EPS (TTM)
$5.32
Book Value per Share
$18.91
Revenue per Share
$17.33
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| seic | 10.9B | 16.58 | 4.67 | 30.06% | 31.25% | 1.24 |
| BlackRock | 177.8B | 27.74 | 3.62 | 13.92% | 29.69% | 28.51 |
| Brookfield | 103.4B | 232.59 | 2.46 | 0.95% | 0.73% | 156.81 |
| Brookfield Asset | 95.4B | 41.27 | 11.24 | 23.07% | 55.92% | 11.33 |
| Ameriprise | 49.1B | 17.70 | 8.08 | 58.24% | 17.74% | 53.93 |
| Raymond James | 33.7B | 16.07 | 2.93 | 18.87% | 16.14% | 36.49 |
Financial data is updated regularly. All figures are in the company's reporting currency.