Who Owns FactSet?

Howard Wille and Charles Snyder founded FactSet in New York City in 1978. Their original insight was that investment professionals needed integrated access to financial data rather than fragmented sources, and they built a system that delivered company financials in standardized form, initially distributed on paper and magnetic tape before moving to terminals and eventually the web.

The company relocated its headquarters to Norwalk, Connecticut and expanded through the 1980s and 1990s into a workstation platform used across the investment industry. It went public on the New York Stock Exchange in 1996 under the ticker FDS. Through the following decades it grew into a multi-product platform spanning portfolio analytics, research, trading execution, and wealth management tools.

FactSet built its scale through both organic development and acquisitions. Notable additions include DealMaven, Cobalt, and TruValue Labs for AI-driven ESG and alternative data, plus the 2022 acquisition of CUSIP Global Services for approximately $1.9 billion, which added the industry's standard securities identification business. It also expanded its trading technology through Portware and its order management capabilities through LiquidityBook.

The defining feature of FactSet's business is durability: it has now recorded 45 consecutive years of revenue growth, 29 consecutive years of adjusted earnings per share growth, and 26 consecutive years of dividend increases, a record few technology companies match. Fiscal 2025 revenue reached $2.32 billion with annual subscription value approaching $2.4 billion.