Jack Henry & Associates (JKHY) stock
Financials · Transaction & Payment Processing Services
Jack Henry & Associates (JKHY) is a Transaction & Payment Processing Services company in the Financials sector, headquartered in Monett, Missouri. As of October 23, 2026, JKHY closed at $162.55, a market capitalization of $11.40 billion, the 481st largest company in the S&P 500. Over the last twelve months it generated $2.54 billion in revenue (+5% year over year) and $506.51 million in free cash flow. The stock trades at 22.1x trailing earnings and 20.6x forward earnings.
- 1-year total return: +6.0% (dividends reinvested)
- 5-year return: -0.1% a year
- 52-week range: $121.04 – $193.39
- Gross margin 43.9%, operating margin 22.5%
- Dividend yield: 1.50%, 22 straight years of increases
- FI Handbook report card: B- across 10 metrics
- 76th largest of 76 Financials stocks in the S&P 500
JKHY price chart
1Y price change: +4.4% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| JKHY | +9.6% | -9.9% | +6.0% | +5.8% | -0.1% | +8.4% | +17.3% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1985.
JKHY key statistics
- Market cap
- $11.4B
- #481 in S&P 500
- P/E (TTM)
- 22.1x
- Forward P/E
- 20.6x
- EPS (TTM)
- $7.36
- Revenue (TTM)
- $2.5B
- +5%
- Free cash flow
- $506.5M
- Gross margin
- 43.9%
- Operating margin
- 22.5%
- Return on equity
- 24.0%
- Dividend yield
- 1.50%
- 52-week range
- $121.04 – $193.39
- Beta
- 0.56
- Price / sales
- 4.5x
- EV / EBITDA
- 16.3x
- Debt / equity
- 0.04x
- Employees
- 7,300
JKHY report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth4.7%D
- Gross margin43.9%B
- Operating margin22.5%B
- FCF margin19.9%B
- Return on equity24.0%B
- Net debt / EBITDA0.1xB
- Forward P/E20.6xC
- PEG ratio1.8xC
- Shareholder yield5.4%A
- Share count change / yr-1.0%B
Jack Henry & Associates financials
Revenue went from $1.4B in fiscal 2017 to $2.5B in fiscal 2026, growing 7.0% a year.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.6B | $1.7B | $1.8B | $1.9B | $2.1B | $2.2B | $2.4B | $2.5B |
| Gross profit | $612.1M | $617.7M | $629.7M | $688.6M | $694.8M | $814.3M | $858.6M | $916.1M | $1.0B | $1.1B |
| Operating income | $341.7M | $357.5M | $347.3M | $380.6M | $398.7M | $474.6M | $480.7M | $489.4M | $568.7M | $635.0M |
| Net income | $229.6M | $365.0M | $271.9M | $296.7M | $311.5M | $362.9M | $366.6M | $381.8M | $455.7M | $502.8M |
| EPS (diluted) | $2.93 | $4.70 | $3.52 | $3.86 | $4.12 | $4.94 | $5.02 | $5.23 | $6.24 | $6.98 |
| Free cash flow | $315.4M | $372.0M | $377.5M | $457.0M | $439.1M | $470.0M | $342.4M | $509.9M | $588.1M | $694.9M |
| Buybacks | $130.1M | $49.0M | $54.9M | $71.5M | $431.5M | $193.9M | $25.0M | $28.1M | $35.1M | $448.2M |
| Dividends paid | $91.7M | $105.0M | $118.7M | $127.4M | $133.8M | $139.1M | $147.2M | $155.9M | $164.6M | $170.4M |
| Diluted shares | 78.3M | 77.6M | 77.3M | 76.9M | 75.7M | 73.5M | 73.1M | 73.0M | 73.0M | 72.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into JKHY?
A reverse DCF asks what growth the current price requires. With an enterprise value of $11.5B and $506.5M of trailing free cash flow, Jack Henry & Associates needs to grow free cash flow about 13.7% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 9.6% a year over the last five years.
P/E ratio history
Current 23.3x vs. median 30.1x (10th–90th percentile 20.9x–42.4x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
JKHY dividend
- Dividend yield
- 1.50%
- Annual dividend
- $2.44
- Years of increases
- 22
- 5-yr dividend growth
- 6.2%
- per year
- Payout ratio
- 34%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
JKHY analyst price targets
19 analysts' average 12-month target is $188.11 (+16% vs. $162.55). Targets range from $158.00 to $209.00. 71% rate it a buy.
JKHY earnings
Next report: November 3, 2026. Jack Henry & Associates has beaten EPS estimates 7 quarters in a row. Last quarter's revenue was $644.0M (+5% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 18, 2026 | $1.44 | $1.53 | +6.4% |
| May 5, 2026 | $1.42 | $1.56 | +10.4% |
| Feb 3, 2026 | $1.42 | $1.66 | +17.1% |
| Nov 4, 2025 | $1.65 | $1.86 | +12.8% |
| Aug 19, 2025 | $1.50 | $1.56 | +4.1% |
| May 6, 2025 | $1.33 | $1.45 | +8.7% |
| Feb 4, 2025 | $1.32 | $1.35 | +2.1% |
| Nov 5, 2024 | $1.60 | $1.59 | -0.2% |
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JKHY news
- Jack Henry Announces 2026 Cobalt Award Winners · Oct 21, 2026
- Jack Henry & Associates to Provide Webcast of First Quarter Fiscal 2027 Earnings Call · Oct 21, 2026
- What You Need to Know Ahead of Jack Henry & Associates’ Earnings Release · Oct 20, 2026
- Jack Henry (JKHY) Stock Could Trade At A Discount On Payment Unit Carve Out · Oct 7, 2026
- Jack Henry Earns 10 WebAwards, Including Best Bank Website Recognition · Oct 5, 2026
JKHY stock FAQ
What is JKHY's market cap?
Jack Henry & Associates's market capitalization is $11.40 billion as of October 23, 2026, ranking 481st in the S&P 500.
What is JKHY's P/E ratio?
JKHY trades at a trailing price-to-earnings ratio of 22.1x and a forward P/E of 20.6x. Its median P/E over the period we track is 30.1x.
Does JKHY pay a dividend?
Yes. Jack Henry & Associates pays $2.44 per share a year, a 1.50% yield. It has raised its dividend 22 years in a row. Dividends grew 6.2% a year over the last five years.
How much has JKHY stock returned?
Including reinvested dividends, JKHY returned +6.0% over one year, -0.1% a year over five years, +8.4% a year over ten years through October 23, 2026.
Is JKHY stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Jack Henry & Associates must grow free cash flow about 14% a year for the next decade. Its free cash flow grew 10% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the JKHY price target?
19 analysts cover JKHY with an average 12-month price target of $188.11, +16% from the current price. 71% of them rate it a buy.
When does JKHY report earnings?
Jack Henry & Associates is expected to report earnings on November 3, 2026. It has beaten EPS estimates 7 quarters in a row.
How many employees does Jack Henry & Associates have?
Jack Henry & Associates has about 7,300 full-time employees, or $348,540 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology