SEI Investments (SEIC) Financials

$82.01 +0.79 (+0.98%)

As of 10:34 AM Eastern

Annual Income Statements for SEI Investments

This table shows SEI Investments' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	332	334	404	506	501	447	547	475	462	581
Consolidated Net Income / (Loss)	332	334	404	506	501	447	547	475	462	581
Net Income / (Loss) Continuing Operations	332	334	404	506	501	447	547	475	462	581
Total Pre-Tax Income	500	508	557	614	631	569	694	609	595	747
Total Revenue	1,339	1,408	1,534	1,637	1,669	1,690	1,893	2,004	1,963	2,184
Net Interest Income / (Expense)	2.88	3.79	1,533	13	16	5.96	3.09	13	40	48
Total Interest Income	3.36	4.32	1,534	13	17	6.57	3.65	13	41	49
Investment Securities Interest Income	3.36	4.32	1,534	13	17	6.57	3.65	13	41	49
Total Interest Expense	0.48	0.53	0.78	0.65	0.63	0.61	0.56	0.75	0.58	0.56
Long-Term Debt Interest Expense	0.48	0.53	0.78	0.65	0.63	0.61	0.56	0.75	0.58	0.56
Total Non-Interest Income	1,337	1,404	1.27	1,624	1,653	1,684	1,890	1,991	1,923	2,136
Other Service Charges	324	-	-	-	-	0.00	-28	3.38	0.00	8.15
Net Realized & Unrealized Capital Gains on Investments	2.34	2.90	1.27	-0.33	3.17	-0.29	-0.37	-3.08	2.76	2.79
Other Non-Interest Income	-	1,402	-	1,624	1,650	1,684	1,918	1,991	1,920	2,125
Total Non-Interest Expense	976	1,026	1,130	1,182	1,189	1,238	1,337	1,515	1,495	1,573
Salaries and Employee Benefits	437	431	495	535	542	555	626	759	745	830
Net Occupancy & Equipment Expense	134	133	144	156	160	161	177	200	223	231
Other Operating Expenses	338	390	415	414	406	438	441	468	453	438
Depreciation Expense	24	26	27	29	29	31	33	34	35	33
Amortization Expense	43	45	48	49	51	53	59	54	39	42
Nonoperating Income / (Expense), net	137	126	153	160	152	-	138	121	127	136
Income Tax Expense	169	175	153	108	130	121	147	134	132	166
Basic Earnings per Share	$2.00	$2.07	$2.56	$3.23	$3.31	$3.05	$3.87	$3.49	$3.49	$4.47
Weighted Average Basic Shares Outstanding	165.73M	161.35M	158.18M	156.58M	151.54M	146.71M	141.22M	136.07M	132.59M	130.07M
Diluted Earnings per Share	$1.96	$2.03	$2.49	$3.14	$3.24	$3.00	$3.81	$3.46	$3.46	$4.41
Weighted Average Diluted Shares Outstanding	169.60M	164.43M	162.27M	161.23M	154.90M	149.00M	143.31M	137.42M	133.73M	131.73M
Weighted Average Basic & Diluted Shares Outstanding	165.80M	161.30M	158M	156.60M	149.98M	143.52M	138.35M	134.26M	131.35M	126.95M
Cash Dividends to Common per Share	$0.50	$0.54	$0.58	$0.63	$0.68	$0.72	$0.77	$0.83	$0.89	$0.95

This table shows SEI Investments' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	62	112	107	119	116	121	131	139	155	156	152
Consolidated Net Income / (Loss)	62	112	107	119	116	121	131	139	155	156	152
Net Income / (Loss) Continuing Operations	62	112	107	119	116	121	131	139	155	156	152
Total Pre-Tax Income	80	137	140	155	149	150	170	183	202	191	196
Total Revenue	474	468	479	499	488	498	525	531	559	569	562
Net Interest Income / (Expense)	3.82	6.50	8.64	9.41	11	11	11	11	13	13	10
Total Interest Income	3.96	6.65	8.78	9.55	11	12	11	12	14	13	10
Investment Securities Interest Income	3.96	6.65	8.78	9.55	11	12	11	12	14	13	10
Total Interest Expense	0.14	0.15	0.14	0.14	0.12	0.19	0.14	0.14	0.14	0.14	0.19
Long-Term Debt Interest Expense	0.14	0.15	0.14	0.14	0.12	0.19	0.14	0.14	0.14	0.14	0.19
Total Non-Interest Income	470	461	470	490	477	487	514	520	546	557	552
Net Realized & Unrealized Capital Gains on Investments	-1.41	1.44	0.74	0.52	-0.21	1.70	2.26	0.67	0.43	-0.56	0.49
Other Non-Interest Income	471	457	469	489	477	485	512	519	537	557	551
Total Non-Interest Expense	420	363	367	376	368	383	386	382	394	412	394
Salaries and Employee Benefits	238	183	181	183	188	192	204	198	205	222	205
Net Occupancy & Equipment Expense	51	50	52	58	51	62	56	57	59	59	58
Other Operating Expenses	113	111	116	117	110	110	107	109	110	112	113
Depreciation Expense	8.56	8.72	8.53	8.78	9.20	8.79	8.39	8.37	8.34	8.26	7.93
Amortization Expense	10	11	9.42	9.63	9.80	9.82	10	10	10	11	11
Nonoperating Income / (Expense), net	27	32	29	33	30	35	32	34	37	33	29
Income Tax Expense	18	25	33	36	34	29	39	44	47	35	45
Basic Earnings per Share	$0.46	$0.83	$0.80	$0.89	$0.87	$0.93	$1.00	$1.06	$1.20	$1.21	$1.20
Weighted Average Basic Shares Outstanding	135.20M	136.07M	134.02M	132.85M	132.23M	132.59M	131.42M	130.82M	129.42M	130.07M	126.56M
Diluted Earnings per Share	$0.45	$0.84	$0.79	$0.89	$0.87	$0.91	$0.99	$1.05	$1.19	$1.18	$1.17
Weighted Average Diluted Shares Outstanding	136.35M	137.42M	135.31M	133.94M	133.50M	133.73M	132.75M	132.07M	130.67M	131.73M	129.45M
Weighted Average Basic & Diluted Shares Outstanding	134.83M	134.26M	133.31M	132.36M	131.59M	131.35M	131.39M	129.89M	128.91M	126.95M	124.49M

This table details how cash moves in and out of SEI Investments' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	12	14	49	21	87	-57	44	22	-18	5.20
Net Cash From Operating Activities	408	434	460	588	545	489	633	566	447	622
Net Cash From Continuing Operating Activities	408	434	460	588	545	489	633	566	447	622
Net Income / (Loss) Continuing Operations	332	334	404	506	501	447	547	475	462	581
Consolidated Net Income / (Loss)	332	334	404	506	501	447	547	475	462	581
Provision For Loan Losses	-0.14	-0.13	0.17	0.02	0.48	-0.10	0.50	-0.70	-0.24	0.77
Depreciation Expense	24	26	27	29	29	31	33	34	35	33
Amortization Expense	43	45	48	49	44	50	57	53	36	36
Non-Cash Adjustments to Reconcile Net Income	39	22	22	21	21	35	37	32	29	44
Changes in Operating Assets and Liabilities, net	-30	7.09	-43	-16	-52	-75	-41	-27	-116	-73
Net Cash From Investing Activities	-78	-82	-172	-123	-78	-67	-165	-90	-142	-117
Net Cash From Continuing Investing Activities	-78	-82	-172	-123	-78	-67	-165	-90	-142	-117
Purchase of Property, Leasehold Improvements and Equipment	-74	-82	-87	-73	-77	-79	-53	-74	-59	-57
Purchase of Investment Securities	-54	-73	-152	-203	-172	-145	-307	-181	-205	-224
Sale and/or Maturity of Investments	46	71	66	168	171	156	195	166	122	163
Net Cash From Financing Activities	-306	-329	-254	-444	-387	-482	-422	-437	-331	-494
Net Cash From Continuing Financing Activities	-306	-329	-254	-444	-387	-482	-422	-437	-331	-494
Issuance of Common Equity	66	48	54	88	61	49	55	58	101	126
Repayment of Debt	0.00	0.00	-10	-30	-	0.00	0.00	-40	0.00	0.00
Repurchase of Common Equity	-291	-292	-248	-407	-346	-427	-408	-345	-309	-500
Payment of Dividends	-80	-85	-89	-94	-101	-104	-106	-110	-115	-120
Other Financing Activities, Net	-	-	0.00	0.00	-0.43	-0.63	-3.97	-0.87	-8.80	0.00
Effect of Exchange Rate Changes	-11	-9.92	15	-	6.19	4.13	-1.87	-17	7.48	-5.45
Cash Interest Paid	0.46	0.53	0.70	0.81	0.49	0.61	0.55	0.82	0.70	0.56
Cash Income Taxes Paid	160	157	165	110	139	122	154	193	146	185

This table details how cash moves in and out of SEI Investments' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	20	62	-19	-57	77	-20	12	-78	133	-61	-129
Net Cash From Operating Activities	98	138	114	68	164	101	112	115	200	195	146
Net Cash From Continuing Operating Activities	98	138	114	68	164	101	112	115	200	195	146
Net Income / (Loss) Continuing Operations	62	112	107	119	116	121	131	139	155	156	152
Consolidated Net Income / (Loss)	62	112	107	119	116	121	131	139	155	156	152
Provision For Loan Losses	-	-	-	-	-	-	-	-	-	-	0.42
Depreciation Expense	-	-	-	-	-	-	-	-	-	-	7.93
Amortization Expense	-	-	-	-	-	-	-	-	-	-	8.42
Non-Cash Adjustments to Reconcile Net Income	36	-33	7.35	-51	48	25	-19	-24	45	42	18
Changes in Operating Assets and Liabilities, net	-	-	-	-	-	-	-	-	-	-	-40
Net Cash From Investing Activities	-18	-29	-17	-8.82	-22	-93	-38	-23	3.90	-60	-38
Net Cash From Continuing Investing Activities	-18	-29	-17	-8.82	-22	-93	-38	-23	3.90	-60	-38
Purchase of Property, Leasehold Improvements and Equipment	-24	-17	-20	-15	-15	-9.10	-19	-14	-12	-11	-16
Purchase of Investment Securities	-31	-53	-26	-27	-36	-116	-52	-59	-32	-81	-54
Sale and/or Maturity of Investments	36	41	28	33	29	32	33	50	48	32	32
Net Cash From Financing Activities	-49	-56	-119	-121	-55	-36	-62	-168	-81	-184	-242
Net Cash From Continuing Financing Activities	-49	-56	-119	-121	-55	-36	-62	-168	-81	-184	-242
Issuance of Common Equity	7.06	22	21	11	33	36	45	9.40	8.41	63	24
Repurchase of Common Equity	-56	-78	-81	-75	-81	-72	-47	-117	-89	-247	-204
Payment of Dividends	-	-	-58	-57	-0.00	-0.00	-60	-60	-	-0.01	-62
Effect of Exchange Rate Changes	-11	9.34	2.56	4.25	-8.29	8.95	-0.57	-2.10	9.61	-12	4.21

This table presents SEI Investments' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,589	1,637	1,853	1,972	2,151	2,167	2,355	2,384	2,520	2,685
Cash and Due from Banks	680	696	744	755	841	785	831	853	835	840
Restricted Cash	5.50	3.50	3.51	3.51	3.10	3.10	0.35	0.35	0.30	0.30
Trading Account Securities	107	110	116	195	218	238	266	265	305	345
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	36	38	40	46
Customer and Other Receivables	48	62	57	50	54	55	59	62	56	54
Premises and Equipment, Net	144	146	146	146	204	227	212	206	194	189
Goodwill	-	0.00	53	64	64	64	117	116	137	170
Intangible Assets	291	296	339	341	324	295	312	293	322	313
Other Assets	314	324	395	417	412	465	520	551	631	727
Total Liabilities & Shareholders' Equity	1,589	1,637	1,853	1,972	2,151	2,167	2,355	2,384	2,520	2,685
Total Liabilities	299	334	377	379	413	427	494	430	388	432
Short-Term Debt	4.51	5.97	5.27	11	14	16	22	24	19	21
Accrued Interest Payable	218	241	265	280	273	300	324	359	319	348
Other Short-Term Payables	2.39	2.88	4.72	5.15	7.19	1.09	9.72	15	15	12
Other Long-Term Liabilities	74	84	71	83	119	110	98	32	35	52
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,290	1,303	1,477	1,593	1,739	1,740	1,861	1,954	2,132	2,252
Total Preferred & Common Equity	1,290	1,303	1,477	1,593	1,739	1,740	1,861	1,954	2,132	2,252
Total Common Equity	1,290	1,303	1,477	1,593	1,739	1,740	1,861	1,954	2,132	2,252
Common Stock	912	957	1,029	1,108	1,160	1,191	1,248	1,309	1,406	1,541
Retained Earnings	403	384	467	518	602	565	633	694	763	758
Accumulated Other Comprehensive Income / (Loss)	-25	-38	-20	-33	-24	-17	-20	-49	-37	-47

This table presents SEI Investments' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	2,295	2,318	2,325	2,397	2,568	2,529	2,684	2,566
Cash and Due from Banks	791	834	777	854	847	768	901	711
Restricted Cash	0.35	0.35	0.30	0.30	0.30	0.30	0.30	0.30
Trading Account Securities	180	211	202	197	253	261	256	309
Loans and Leases, Net of Allowance	38	38	39	39	40	40	43	48
Customer and Other Receivables	91	56	56	56	56	48	55	49
Premises and Equipment, Net	207	207	203	198	189	198	194	184
Goodwill	118	116	116	116	137	137	138	168
Intangible Assets	292	293	292	291	318	314	311	302
Other Assets	578	564	640	647	729	763	786	794
Total Liabilities & Shareholders' Equity	2,295	2,318	2,325	2,397	2,568	2,529	2,684	2,566
Total Liabilities	365	304	301	313	309	282	330	308
Short-Term Debt	19	24	18	20	18	17	16	19
Accrued Interest Payable	295	234	237	250	243	208	258	225
Other Short-Term Payables	13	14	15	12	15	12	11	18
Other Long-Term Liabilities	38	32	31	31	33	44	44	47
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,930	2,014	2,024	2,084	2,259	2,248	2,354	2,258
Total Preferred & Common Equity	1,930	2,014	2,024	2,084	2,259	2,248	2,354	2,258
Total Common Equity	1,930	2,014	2,024	2,084	2,259	2,248	2,354	2,258
Common Stock	1,287	1,329	1,339	1,371	1,456	1,466	1,479	1,559
Retained Earnings	711	730	725	764	844	824	902	737
Accumulated Other Comprehensive Income / (Loss)	-68	-45	-40	-51	-41	-42	-27	-39

This table displays calculated financial ratios and metrics derived from SEI Investments' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5.04%	5.14%	8.94%	6.68%	1.98%	1.24%	12.05%	5.84%	-2.04%	11.28%
EBITDA Growth	1.68%	5.61%	5.69%	10.84%	4.01%	-3.74%	21.32%	-11.05%	-6.17%	26.18%
EBIT Growth	0.43%	5.22%	5.78%	12.34%	5.53%	-5.84%	23.15%	-12.14%	-4.28%	30.64%
NOPAT Growth	2.25%	4.24%	16.97%	27.45%	1.75%	17.46%	-2.03%	-12.98%	-4.65%	30.79%
Net Income Growth	4.06%	0.65%	21.14%	25.09%	-0.88%	-10.80%	22.20%	-13.01%	-2.78%	25.73%
EPS Growth	5.95%	3.57%	22.66%	26.10%	3.18%	-7.41%	27.00%	-9.19%	0.00%	27.46%
Operating Cash Flow Growth	8.73%	6.55%	5.91%	27.94%	-7.36%	-10.35%	29.55%	-10.58%	-21.04%	39.22%
Free Cash Flow Firm Growth	36.92%	15.32%	-61.63%	211.53%	-17.63%	90.69%	-38.65%	19.93%	-41.62%	85.33%
Invested Capital Growth	2.86%	1.15%	15.51%	6.08%	9.24%	0.22%	9.46%	2.86%	8.75%	5.70%
Revenue Q/Q Growth	0.89%	2.44%	2.73%	-0.06%	1.13%	1.05%	1.53%	-0.31%	3.10%	4.99%
EBITDA Q/Q Growth	-1.82%	4.08%	1.77%	0.18%	1.31%	0.65%	2.80%	-7.18%	1.22%	5.85%
EBIT Q/Q Growth	-2.38%	4.38%	2.57%	-0.42%	2.92%	1.13%	3.30%	-7.26%	2.05%	7.57%
NOPAT Q/Q Growth	-1.02%	2.92%	7.95%	-0.19%	2.86%	27.32%	-16.88%	-7.51%	1.68%	8.19%
Net Income Q/Q Growth	1.31%	2.21%	9.04%	-1.19%	2.60%	-0.63%	3.68%	-6.50%	1.87%	6.42%
EPS Q/Q Growth	1.55%	3.05%	8.73%	-0.32%	3.18%	0.67%	4.67%	-4.95%	2.06%	6.52%
Operating Cash Flow Q/Q Growth	0.63%	2.78%	-0.28%	4.81%	-1.25%	-12.75%	9.91%	-2.01%	-7.56%	17.84%
Free Cash Flow Firm Q/Q Growth	13.34%	-0.53%	-21.39%	33.00%	-21.94%	41.93%	-35.05%	1.39%	-6.33%	104.17%
Invested Capital Q/Q Growth	-1.49%	-0.84%	2.38%	-2.17%	2.36%	0.30%	3.40%	1.42%	2.22%	-4.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	32.11%	32.25%	31.29%	32.51%	33.16%	31.53%	34.14%	28.69%	27.48%	31.16%
EBIT Margin	27.13%	27.15%	26.37%	27.77%	28.73%	26.72%	29.37%	24.38%	23.83%	27.97%
Profit (Net Income) Margin	24.76%	23.70%	26.36%	30.91%	30.04%	26.47%	28.87%	23.73%	23.55%	26.61%
Tax Burden Percent	66.27%	65.65%	72.60%	82.36%	79.41%	78.65%	78.80%	78.04%	77.74%	77.83%
Interest Burden Percent	137.71%	132.98%	137.71%	135.16%	131.67%	125.94%	124.74%	124.70%	127.14%	122.22%
Effective Tax Rate	33.73%	34.35%	27.40%	17.64%	20.59%	21.35%	21.20%	21.96%	22.26%	22.17%
Return on Invested Capital (ROIC)	18.87%	19.29%	20.82%	24.02%	22.69%	25.50%	23.82%	19.55%	17.62%	21.50%
ROIC Less NNEP Spread (ROIC-NNEP)	1,221.92%	1,599.62%	557.97%	593.89%	1,007.35%	25.50%	301.83%	240.43%	483.45%	553.49%
Return on Net Nonoperating Assets (RNNOA)	7.27%	6.46%	8.28%	8.94%	7.41%	0.22%	6.54%	5.37%	5.01%	5.01%
Return on Equity (ROE)	26.14%	25.75%	29.09%	32.96%	30.10%	25.72%	30.36%	24.93%	22.63%	26.51%
Cash Return on Invested Capital (CROIC)	16.05%	18.14%	6.42%	18.12%	13.86%	25.27%	14.79%	16.73%	9.23%	15.96%
Operating Return on Assets (OROA)	23.21%	23.71%	23.18%	23.76%	23.26%	20.91%	24.60%	20.62%	19.08%	23.48%
Return on Assets (ROA)	21.18%	20.70%	23.17%	26.45%	24.32%	20.71%	24.18%	20.07%	18.85%	22.33%
Return on Common Equity (ROCE)	26.14%	25.75%	29.09%	32.96%	30.10%	25.72%	30.36%	24.93%	22.63%	26.51%
Return on Equity Simple (ROE_SIMPLE)	25.72%	25.62%	27.38%	31.75%	28.84%	25.71%	29.37%	24.34%	21.68%	25.81%
Net Operating Profit after Tax (NOPAT)	241	251	294	374	381	447	438	381	364	476
NOPAT Margin	17.98%	17.83%	19.14%	22.87%	22.82%	26.47%	23.14%	19.03%	18.52%	21.77%
Net Nonoperating Expense Percent (NNEP)	-1,203.05%	-1,580.33%	-537.16%	-569.87%	-984.66%	0.00%	-278.01%	-220.87%	-465.83%	-531.99%
SG&A Expenses to Revenue	42.65%	40.04%	41.68%	42.20%	42.10%	42.36%	42.43%	47.89%	49.33%	48.55%
Operating Expenses to Revenue	72.87%	72.85%	73.63%	72.23%	71.27%	73.28%	70.63%	75.62%	76.17%	72.03%
Earnings before Interest and Taxes (EBIT)	363	382	404	454	480	452	556	489	468	611
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	430	454	480	532	553	533	646	575	539	681
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.02	5.51	7.04	4.19	5.32	4.55	4.41	3.91	3.87	4.72
Price to Tangible Book Value (P/TBV)	7.77	7.13	9.58	5.63	6.85	5.73	5.73	4.95	4.94	6.01
Price to Revenue (P/Rev)	5.80	5.10	6.78	4.08	5.54	4.68	4.33	3.82	4.21	4.87
Price to Earnings (P/E)	23.41	21.52	25.70	13.21	18.45	17.70	15.00	16.09	17.86	18.29
Dividend Yield	1.06%	1.20%	0.88%	1.47%	1.10%	1.32%	1.31%	1.46%	1.42%	1.15%
Earnings Yield	4.27%	4.65%	3.89%	7.57%	5.42%	5.65%	6.67%	6.22%	5.60%	5.47%
Enterprise Value to Invested Capital (EV/IC)	5.47	4.96	6.40	3.70	4.81	4.07	3.86	3.45	3.46	4.32
Enterprise Value to Revenue (EV/Rev)	5.29	4.61	6.31	3.63	5.05	4.23	3.92	3.40	3.79	4.49
Enterprise Value to EBITDA (EV/EBITDA)	16.47	14.29	20.17	11.15	15.22	13.41	11.49	11.86	13.79	14.42
Enterprise Value to EBIT (EV/EBIT)	19.49	16.98	23.93	13.06	17.56	15.82	13.36	13.96	15.90	16.06
Enterprise Value to NOPAT (EV/NOPAT)	29.41	25.86	32.97	15.86	22.12	15.97	16.95	17.88	20.46	20.64
Enterprise Value to Operating Cash Flow (EV/OCF)	17.38	14.95	21.05	10.09	15.45	14.62	11.73	12.05	16.64	15.77
Enterprise Value to Free Cash Flow (EV/FCFF)	34.59	27.48	106.84	21.02	36.22	16.11	27.31	20.90	39.06	27.80
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.02	0.01	0.01	0.01	0.03	0.01	0.01	0.01
Long-Term Debt to Equity	0.00	0.00	0.02	0.00	0.00	0.00	0.02	0.00	0.00	0.00
Financial Leverage	0.01	0.00	0.01	0.02	0.01	0.01	0.02	0.02	0.01	0.01
Leverage Ratio	1.23	1.24	1.26	1.25	1.24	1.24	1.26	1.24	1.20	1.19
Compound Leverage Factor	1.70	1.65	1.73	1.68	1.63	1.56	1.57	1.55	1.53	1.45
Debt to Total Capital	0.35%	0.46%	2.33%	0.68%	0.77%	0.93%	3.21%	1.19%	0.87%	0.92%
Short-Term Debt to Total Capital	0.35%	0.46%	0.35%	0.68%	0.77%	0.93%	1.13%	1.19%	0.87%	0.92%
Long-Term Debt to Total Capital	0.00%	0.00%	1.98%	0.00%	0.00%	0.00%	2.08%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.65%	99.54%	97.67%	99.32%	99.23%	99.07%	96.79%	98.81%	99.13%	99.08%
Debt to EBITDA	0.01	0.01	0.07	0.02	0.02	0.03	0.10	0.04	0.03	0.03
Net Debt to EBITDA	-1.58	-1.53	-1.48	-1.40	-1.50	-1.45	-1.19	-1.44	-1.51	-1.20
Long-Term Debt to EBITDA	0.00	0.00	0.06	0.00	0.00	0.00	0.06	0.00	0.00	0.00
Debt to NOPAT	0.02	0.02	0.12	0.03	0.04	0.04	0.14	0.06	0.05	0.04
Net Debt to NOPAT	-2.83	-2.76	-2.43	-2.00	-2.18	-1.72	-1.76	-2.18	-2.25	-1.72
Long-Term Debt to NOPAT	0.00	0.00	0.10	0.00	0.00	0.00	0.09	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	205	236	91	282	233	443	272	326	190	353
Operating Cash Flow to CapEx	551.58%	530.90%	531.26%	802.55%	706.38%	621.99%	1,205.08%	760.05%	760.35%	1,100.21%
Free Cash Flow to Firm to Interest Expense	424.02	444.79	116.03	437.68	369.08	728.06	483.20	435.59	326.72	627.03
Operating Cash Flow to Interest Expense	843.72	817.74	588.86	912.25	865.27	802.43	1,124.51	755.83	766.78	1,105.41
Operating Cash Flow Less CapEx to Interest Expense	690.76	663.71	478.02	798.58	742.78	673.42	1,031.20	656.39	665.93	1,004.93
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.86	0.87	0.88	0.86	0.81	0.78	0.84	0.85	0.80	0.84
Fixed Asset Turnover	9.94	9.71	10.49	11.20	9.55	7.84	8.61	9.58	9.82	11.43
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,294	1,309	1,512	1,604	1,752	1,756	1,922	1,977	2,151	2,273
Invested Capital Turnover	1.05	1.08	1.09	1.05	0.99	0.96	1.03	1.03	0.95	0.99
Increase / (Decrease) in Invested Capital	36	15	203	92	148	3.90	166	55	173	123
Enterprise Value (EV)	7,084	6,491	9,681	5,935	8,422	7,144	7,428	6,819	7,439	9,813
Market Capitalization	7,764	7,184	10,394	6,682	9,253	7,915	8,198	7,649	8,255	10,632
Book Value per Share	$7.83	$8.14	$9.38	$10.24	$11.57	$12.04	$13.34	$14.49	$16.20	$17.47
Tangible Book Value per Share	$6.07	$6.30	$6.89	$7.63	$8.99	$9.55	$10.26	$11.46	$12.71	$13.72
Total Capital	1,294	1,309	1,512	1,604	1,752	1,756	1,922	1,977	2,151	2,273
Total Debt	4.51	5.97	35	11	14	16	62	24	19	21
Total Long-Term Debt	0.00	0.00	30	0.00	0.00	0.00	40	0.00	0.00	0.00
Net Debt	-681	-693	-712	-747	-831	-771	-770	-830	-816	-819
Capital Expenditures (CapEx)	74	82	87	73	77	79	53	74	59	57
Net Nonoperating Expense (NNE)	-91	-83	-111	-132	-121	0.00	-108	-94	-99	-106
Net Nonoperating Obligations (NNO)	4.51	5.97	35	11	14	16	62	24	19	21
Total Depreciation and Amortization (D&A)	67	72	76	78	74	81	90	86	72	70
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.00	$2.07	$2.56	$3.23	$3.31	$3.05	$3.87	$3.49	$3.49	$4.47
Adjusted Weighted Average Basic Shares Outstanding	165.73M	161.35M	158.18M	156.58M	151.54M	146.71M	141.22M	136.07M	132.59M	130.07M
Adjusted Diluted Earnings per Share	$1.96	$2.03	$2.49	$3.14	$3.24	$3.00	$3.81	$3.46	$3.46	$4.41
Adjusted Weighted Average Diluted Shares Outstanding	169.60M	164.43M	162.27M	161.23M	154.90M	149.00M	143.31M	137.42M	133.73M	131.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	163.65M	159.18M	157.28M	153.69M	149.98M	143.52M	138.35M	134.26M	131.35M	126.95M
Normalized Net Operating Profit after Tax (NOPAT)	241	251	294	374	381	447	438	381	364	476
Normalized NOPAT Margin	17.98%	17.83%	19.14%	22.87%	22.82%	26.47%	23.14%	19.03%	18.52%	21.77%
Pre Tax Income Margin	37.37%	36.11%	36.31%	37.53%	37.83%	33.66%	36.64%	30.40%	30.29%	34.19%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	752.43	720.12	517.91	704.52	761.19	741.48	987.75	652.35	802.27	1,085.29
NOPAT to Interest Expense	498.61	472.75	375.98	580.25	604.46	734.46	778.31	509.08	623.65	844.66
EBIT Less CapEx to Interest Expense	599.47	566.09	407.07	590.85	638.70	612.47	894.43	552.91	701.43	984.81
NOPAT Less CapEx to Interest Expense	345.65	318.72	265.14	466.58	481.97	605.45	685.00	409.64	522.81	744.19
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	24.13%	25.37%	21.97%	18.64%	20.09%	23.23%	19.30%	23.10%	24.84%	20.71%
Augmented Payout Ratio	111.99%	112.92%	83.39%	99.18%	89.17%	118.70%	93.96%	95.60%	91.66%	106.75%

This table displays calculated financial ratios and metrics derived from SEI Investments' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.43%	-1.31%	-17.72%	3.81%	2.92%	6.42%	9.62%	6.43%	14.74%	14.36%	7.12%
EBITDA Growth	-55.97%	-25.56%	-46.18%	0.90%	90.98%	7.07%	22.04%	18.81%	33.51%	32.43%	16.60%
EBIT Growth	-62.18%	-26.64%	-48.28%	6.65%	123.11%	8.93%	24.87%	21.27%	39.05%	37.48%	20.78%
NOPAT Growth	-62.81%	-26.53%	-48.62%	6.18%	124.72%	6.98%	25.97%	20.54%	37.30%	39.36%	20.87%
Net Income Growth	-55.33%	-22.76%	-43.77%	6.81%	87.58%	7.58%	22.79%	17.05%	33.93%	29.02%	15.31%
EPS Growth	-53.61%	-17.65%	-41.91%	9.88%	93.33%	8.33%	25.32%	17.98%	36.78%	29.67%	18.18%
Operating Cash Flow Growth	-38.38%	-7.79%	-56.09%	-2.99%	67.03%	-26.56%	-1.81%	68.51%	22.33%	93.24%	30.44%
Free Cash Flow Firm Growth	-2,256.15%	163.97%	645.36%	84.37%	-25.29%	-359.17%	-291.47%	-2,249.52%	-126.10%	107.49%	199.07%
Invested Capital Growth	4.86%	2.86%	0.82%	5.07%	7.91%	8.75%	11.68%	10.90%	12.67%	5.70%	-0.02%
Revenue Q/Q Growth	-1.44%	-1.23%	9.02%	4.28%	-2.29%	2.13%	12.64%	1.25%	5.34%	1.79%	-1.33%
EBITDA Q/Q Growth	-48.17%	72.08%	3.63%	9.17%	-1.89%	-3.53%	18.13%	6.27%	10.25%	-4.32%	4.15%
EBIT Q/Q Growth	-53.47%	97.09%	5.49%	10.24%	-2.65%	-3.77%	20.92%	7.07%	11.61%	-4.86%	6.23%
NOPAT Q/Q Growth	-53.43%	109.61%	-1.51%	10.43%	-1.43%	-0.21%	15.98%	5.68%	12.27%	1.28%	0.59%
Net Income Q/Q Growth	-44.59%	82.01%	-4.64%	11.06%	-2.68%	4.38%	8.84%	5.88%	11.34%	0.56%	-2.73%
EPS Q/Q Growth	-44.44%	86.67%	-5.95%	12.66%	-2.25%	4.60%	8.79%	6.06%	13.33%	-0.84%	-0.85%
Operating Cash Flow Q/Q Growth	39.49%	40.55%	-16.89%	-40.46%	140.16%	-38.21%	11.13%	2.17%	74.35%	-2.39%	-24.99%
Free Cash Flow Firm Q/Q Growth	-65.48%	163.27%	119.45%	-106.80%	-1,226.87%	-30.88%	-62.13%	16.55%	-27.69%	104.33%	2,045.75%
Invested Capital Q/Q Growth	0.33%	1.42%	3.10%	0.15%	3.04%	2.22%	5.87%	-0.55%	4.69%	-4.11%	0.14%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	15.28%	26.63%	26.98%	28.25%	28.36%	26.79%	30.04%	31.53%	33.00%	31.02%	32.74%
EBIT Margin	11.28%	22.52%	23.23%	24.56%	24.46%	23.05%	26.46%	27.98%	29.65%	27.71%	29.83%
Profit (Net Income) Margin	13.02%	23.98%	22.36%	23.82%	23.72%	24.25%	25.05%	26.20%	27.69%	27.36%	26.97%
Tax Burden Percent	76.97%	81.85%	76.42%	76.56%	77.52%	80.39%	77.10%	76.10%	76.55%	81.49%	77.16%
Interest Burden Percent	149.86%	130.13%	125.98%	126.70%	125.09%	130.85%	122.80%	123.03%	122.02%	121.15%	117.15%
Effective Tax Rate	23.04%	18.15%	23.58%	23.44%	22.48%	19.61%	22.90%	23.90%	23.45%	18.51%	22.84%
Return on Invested Capital (ROIC)	9.17%	18.94%	16.36%	17.83%	17.81%	17.62%	18.69%	19.87%	21.10%	22.30%	22.46%
ROIC Less NNEP Spread (ROIC-NNEP)	110.23%	79.88%	76.22%	144.34%	135.31%	152.02%	133.92%	168.21%	175.28%	159.22%	144.41%
Return on Net Nonoperating Assets (RNNOA)	1.19%	1.79%	1.41%	1.45%	1.33%	1.58%	1.33%	1.38%	1.43%	1.44%	1.16%
Return on Equity (ROE)	10.35%	20.73%	17.77%	19.28%	19.15%	19.20%	20.01%	21.25%	22.54%	23.74%	23.63%
Cash Return on Invested Capital (CROIC)	16.90%	16.73%	14.00%	10.42%	10.03%	9.23%	6.84%	8.48%	7.73%	15.96%	21.89%
Operating Return on Assets (OROA)	10.11%	19.05%	18.54%	20.36%	19.85%	18.45%	21.41%	23.16%	24.28%	23.26%	25.82%
Return on Assets (ROA)	11.66%	20.29%	17.85%	19.75%	19.25%	19.41%	20.27%	21.68%	22.67%	22.96%	23.34%
Return on Common Equity (ROCE)	10.35%	20.73%	17.77%	19.28%	19.15%	19.20%	20.01%	21.25%	22.54%	23.74%	23.63%
Return on Equity Simple (ROE_SIMPLE)	26.35%	0.00%	19.47%	19.75%	21.77%	0.00%	21.54%	22.55%	23.20%	0.00%	26.63%
Net Operating Profit after Tax (NOPAT)	41	86	85	94	92	92	107	113	127	129	129
NOPAT Margin	8.69%	18.43%	17.75%	18.80%	18.96%	18.53%	20.40%	21.29%	22.69%	22.58%	23.02%
Net Nonoperating Expense Percent (NNEP)	-101.07%	-60.94%	-59.86%	-126.50%	-117.49%	-134.40%	-115.23%	-148.35%	-154.18%	-136.92%	-121.94%
SG&A Expenses to Revenue	60.91%	49.63%	48.82%	48.32%	49.11%	51.03%	49.52%	48.02%	47.30%	49.36%	46.81%
Operating Expenses to Revenue	88.72%	77.48%	76.77%	75.44%	75.54%	76.95%	73.54%	72.02%	70.35%	72.29%	70.17%
Earnings before Interest and Taxes (EBIT)	53	105	111	123	119	115	139	149	166	158	168
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	72	125	129	141	138	133	158	167	185	177	184
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.35	3.91	3.75	3.87	3.77	3.87	4.16	3.78	3.82	4.72	4.36
Price to Tangible Book Value (P/TBV)	4.25	4.95	4.71	4.85	4.69	4.94	5.21	4.73	4.72	6.01	5.51
Price to Revenue (P/Rev)	3.21	3.82	4.04	4.15	4.13	4.21	4.75	4.23	4.32	4.87	4.44
Price to Earnings (P/E)	12.70	16.09	19.28	19.60	17.32	17.86	19.30	16.77	16.46	18.29	16.39
Dividend Yield	1.68%	1.46%	1.47%	1.46%	1.45%	1.42%	1.25%	1.42%	1.33%	1.15%	1.22%
Earnings Yield	7.88%	6.22%	5.19%	5.10%	5.77%	5.60%	5.18%	5.96%	6.08%	5.47%	6.10%
Enterprise Value to Invested Capital (EV/IC)	2.92	3.45	3.31	3.47	3.34	3.46	3.76	3.42	3.42	4.32	4.03
Enterprise Value to Revenue (EV/Rev)	2.83	3.40	3.61	3.74	3.69	3.79	4.33	3.86	3.89	4.49	4.12
Enterprise Value to EBITDA (EV/EBITDA)	9.18	11.86	14.50	15.15	13.18	13.79	15.02	12.99	12.60	14.42	12.96
Enterprise Value to EBIT (EV/EBIT)	10.79	13.96	17.55	18.03	15.33	15.90	17.29	14.86	14.26	16.06	14.32
Enterprise Value to NOPAT (EV/NOPAT)	13.79	17.88	22.46	23.11	19.64	20.46	22.21	19.13	18.43	20.64	18.40
Enterprise Value to Operating Cash Flow (EV/OCF)	9.84	12.05	16.07	16.93	14.53	16.64	19.25	15.76	15.34	15.77	13.96
Enterprise Value to Free Cash Flow (EV/FCFF)	17.67	20.90	23.76	34.07	34.55	39.06	58.04	42.44	46.86	27.80	18.38
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.01	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Leverage Ratio	1.19	1.24	1.18	1.16	1.17	1.20	1.14	1.14	1.15	1.19	1.14
Compound Leverage Factor	1.78	1.62	1.48	1.46	1.46	1.57	1.40	1.40	1.40	1.44	1.33
Debt to Total Capital	1.00%	1.19%	1.20%	0.90%	0.95%	0.87%	0.78%	0.74%	0.68%	0.92%	0.81%
Short-Term Debt to Total Capital	1.00%	1.19%	1.20%	0.90%	0.95%	0.87%	0.78%	0.74%	0.68%	0.92%	0.81%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.00%	98.81%	98.80%	99.10%	99.05%	99.13%	99.22%	99.26%	99.32%	99.08%	99.19%
Debt to EBITDA	0.03	0.04	0.05	0.04	0.04	0.03	0.03	0.03	0.03	0.03	0.03
Net Debt to EBITDA	-1.25	-1.44	-1.74	-1.63	-1.57	-1.51	-1.45	-1.26	-1.38	-1.20	-0.98
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.05	0.06	0.08	0.06	0.06	0.05	0.05	0.04	0.04	0.04	0.04
Net Debt to NOPAT	-1.87	-2.18	-2.69	-2.48	-2.33	-2.25	-2.15	-1.86	-2.01	-1.72	-1.39
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-49	31	68	-4.66	-62	-81	-131	-109	-140	6.05	130
Operating Cash Flow to CapEx	416.33%	793.63%	581.09%	459.29%	1,076.41%	1,111.03%	580.36%	812.00%	1,648.08%	1,783.44%	913.90%
Free Cash Flow to Firm to Interest Expense	-344.81	215.14	485.52	-33.49	-532.55	-432.35	-943.00	-786.95	-990.60	42.03	701.96
Operating Cash Flow to Interest Expense	684.64	948.97	811.09	489.86	1,409.72	540.36	807.87	825.44	1,418.75	1,356.03	791.78
Operating Cash Flow Less CapEx to Interest Expense	520.20	829.39	671.51	383.20	1,278.76	491.73	668.67	723.78	1,332.67	1,280.00	705.15
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.90	0.85	0.80	0.83	0.81	0.80	0.81	0.83	0.82	0.84	0.87
Fixed Asset Turnover	10.29	9.58	8.94	9.23	9.40	9.82	9.98	10.02	10.60	11.43	11.90
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,950	1,977	2,039	2,042	2,104	2,151	2,277	2,264	2,371	2,273	2,276
Invested Capital Turnover	1.06	1.03	0.92	0.95	0.94	0.95	0.92	0.93	0.93	0.99	0.98
Increase / (Decrease) in Invested Capital	90	55	16	98	154	173	238	222	267	123	-0.53
Enterprise Value (EV)	5,685	6,819	6,752	7,076	7,025	7,439	8,565	7,748	8,102	9,813	9,163
Market Capitalization	6,457	7,649	7,563	7,835	7,859	8,255	9,394	8,500	8,987	10,632	9,855
Book Value per Share	$14.25	$14.49	$15.00	$15.18	$15.74	$16.20	$17.19	$17.11	$18.13	$17.47	$17.79
Tangible Book Value per Share	$11.22	$11.46	$11.96	$12.12	$12.67	$12.71	$13.73	$13.67	$14.67	$13.72	$14.08
Total Capital	1,950	1,977	2,039	2,042	2,104	2,151	2,277	2,264	2,371	2,273	2,276
Total Debt	19	24	24	18	20	19	18	17	16	21	19
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-772	-830	-810	-759	-835	-816	-829	-752	-885	-819	-692
Capital Expenditures (CapEx)	24	17	20	15	15	9.10	19	14	12	11	16
Net Nonoperating Expense (NNE)	-21	-26	-22	-25	-23	-28	-24	-26	-28	-27	-22
Net Nonoperating Obligations (NNO)	19	24	24	18	20	19	18	17	16	21	19
Total Depreciation and Amortization (D&A)	19	19	18	18	19	19	19	19	19	19	16
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.46	$0.83	$0.80	$0.89	$0.87	$0.93	$1.00	$1.06	$1.20	$1.21	$1.20
Adjusted Weighted Average Basic Shares Outstanding	135.20M	136.07M	134.02M	132.85M	132.23M	132.59M	131.42M	130.82M	129.42M	130.07M	126.56M
Adjusted Diluted Earnings per Share	$0.45	$0.84	$0.79	$0.89	$0.87	$0.91	$0.99	$1.05	$1.19	$1.18	$1.17
Adjusted Weighted Average Diluted Shares Outstanding	136.35M	137.42M	135.31M	133.94M	133.50M	133.73M	132.75M	132.07M	130.67M	131.73M	129.45M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	134.83M	134.26M	133.31M	132.36M	131.59M	131.35M	131.39M	129.89M	128.91M	126.95M	124.49M
Normalized Net Operating Profit after Tax (NOPAT)	41	86	85	94	92	92	107	113	127	129	129
Normalized NOPAT Margin	8.69%	18.43%	17.75%	18.80%	18.96%	18.53%	20.40%	21.29%	22.69%	22.58%	23.02%
Pre Tax Income Margin	16.91%	29.30%	29.26%	31.11%	30.60%	30.16%	32.49%	34.42%	36.17%	33.57%	34.95%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	373.84	726.65	788.28	881.49	1,028.23	613.77	998.47	1,069.01	1,176.23	1,095.75	906.09
NOPAT to Interest Expense	287.73	594.78	602.44	674.87	797.08	493.39	769.81	813.52	900.36	892.92	699.12
EBIT Less CapEx to Interest Expense	209.39	607.08	648.70	774.83	897.27	565.13	859.27	967.36	1,090.14	1,019.72	819.45
NOPAT Less CapEx to Interest Expense	123.28	475.21	462.86	568.22	666.12	444.75	630.61	711.87	814.27	816.89	612.48
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	21.60%	23.10%	28.60%	28.73%	25.31%	24.84%	24.12%	23.74%	22.03%	20.71%	20.34%
Augmented Payout Ratio	92.15%	95.60%	111.67%	101.41%	94.75%	91.66%	80.52%	86.17%	81.51%	106.75%	129.60%

Financials Breakdown Chart

Key Financial Trends

SEI Investments (NASDAQ: SEIC) has demonstrated consistent financial performance over the past several quarters, showing solid revenue growth, steady profitability, and prudent capital management. Here's an analysis of key trends and financial highlights based on the most recent four years of quarterly financial data:

Steady Revenue Growth: Total revenue has increased from approximately $474 million in Q3 2022 to about $562 million in Q1 2025, driven by growth in both interest income and non-interest income streams.
Consistent Profitability: Net income attributable to common shareholders has steadily grown from about $61.7 million in Q3 2022 to $151.5 million in Q1 2025. Earnings per share (diluted) improved from $0.45 in Q3 2022 to $1.17 in Q1 2025, indicating profitability expansion on a per-share basis.
Strong Operating Cash Flow: Cash flow from operating activities has generally remained strong, with $146 million generated in Q1 2025, supporting the business's operational needs and strategic investments.
Disciplined Capital Allocation: SEIC has actively managed equity through repurchases, with substantial stock buybacks noted each quarter, especially a $203.7 million repurchase in Q1 2025. Dividends have also been consistently paid, supporting shareholder returns.
Stable Balance Sheet: The company maintains a strong equity base, with total shareholders' equity exceeding $2.25 billion in Q1 2025, illustrating financial stability. Total assets have remained stable around $2.5 billion.
Fluctuations in Non-Interest Income: Other non-interest income has increased, reaching about $551.3 million in Q1 2025 from $469.9 million in Q1 2023, which indicates a growing contribution from fees and services but with some quarter-to-quarter variability.
Variable Net Realized & Unrealized Gains: Net realized and unrealized capital gains on investments showed variability, with $493,000 in gains in Q1 2025 compared to negative figures in some prior quarters, which could affect short-term earnings volatility.
Rising Operating Expenses: Non-interest expenses increased to approximately $394 million in Q1 2025 from $367 million in Q1 2023, led primarily by salaries and employee benefits, occupancy, and equipment expenses, which could pressure operating margins if revenue growth slows.
Declining Cash and Due From Banks: Cash balances have decreased from over $900 million in Q3 2024 to $710 million in Q1 2025, which may reflect investments or capital returns but reduces liquidity buffers.
Negative Net Change in Cash: Each recent quarter, SEIC has reported negative net changes in cash and equivalents, with Q1 2025 seeing a decline of approximately $129 million, largely driven by financing activities and investing outflows.

Summary: SEI Investments continues to build on its revenue and profitability with stable returns supported by effective capital management, including buybacks and dividends. However, investors should monitor rising operating expenses and the decline in cash reserves, which could impact future flexibility. The company’s diversified income base and strong shareholders’ equity position it well for continued growth, but short-term earnings may be impacted by fluctuations in investment gains and capital expenditures.

10/13/25 10:34 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About SEI Investments' Financials

When does SEI Investments' fiscal year end?

According to the most recent income statement we have on file, SEI Investments' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has SEI Investments' net income changed over the last 9 years?

SEI Investments' net income appears to be on an upward trend, with a most recent value of $581.19 million in 2024, rising from $331.66 million in 2015. The previous period was $462.26 million in 2023. See SEI Investments' forecast for analyst expectations on what’s next for the company.

How has SEI Investments' revenue changed over the last 9 years?

Over the last 9 years, SEI Investments' total revenue changed from $1.34 billion in 2015 to $2.18 billion in 2024, a change of 63.1%.

How much debt does SEI Investments have?

SEI Investments' total liabilities were at $432.49 million at the end of 2024, a 11.4% increase from 2023, and a 44.7% increase since 2015.

How much cash does SEI Investments have?

In the past 9 years, SEI Investments' cash and equivalents has ranged from $679.66 million in 2015 to $853.01 million in 2022, and is currently $839.89 million as of their latest financial filing in 2024.

How has SEI Investments' book value per share changed over the last 9 years?

Over the last 9 years, SEI Investments' book value per share changed from 7.83 in 2015 to 17.47 in 2024, a change of 123.0%.

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This page (NASDAQ:SEIC) was last updated on 10/13/2025 by MarketBeat.com Staff

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SEI Investments (SEIC) Financials

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SEI Investments (SEIC) Financials

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