SS&C Technologies Holdings (SSNC) has wrapped up FY 2025 with Q4 revenue of US$1.65b and basic EPS of US$0.80, while trailing 12 month revenue sits at US$6.27b and EPS at US$3.26 as the company continues to post solid net income figures across the year. The company has seen revenue move from US$1.53b in Q4 2024 to US$1.65b in Q4 2025, with quarterly EPS shifting from US$1.01 to US$0.80 over the same period, giving investors a clear view of how top line expansion and per share earnings are currently pairing up. With trailing net profit margins close to last year and forecasts pointing to earnings growth ahead, the latest print puts the focus squarely on how sustainably SS&C can defend its profitability profile.

See our full analysis for SS&C Technologies Holdings.

With the headline numbers on the table, the next step is to see how this earnings trajectory lines up with the widely followed stories about SS&C, where some long held views may be confirmed and others put under pressure.

TTM earnings edge higher at 4.8%

• On a trailing 12 month basis, earnings have grown 4.8% over the past year and about 2.4% per year over five years, while TTM net income sits at US$796.9 million on US$6.3b of revenue.
• What stands out for the bullish view is that this steady profit trend sits alongside forecasts for faster earnings growth of about 11.2% per year. Investors compare this to the current 12.7% net margin and the US$3.26 of TTM EPS to judge how durable that growth story looks.
  • Supporters point to multi year profit growth and the 1.4% dividend yield as signs the business has been able to turn revenue of US$6.3b into consistent cash style outcomes for shareholders.
  • At the same time, the modest 4.7% revenue growth rate and margin close to last year’s 12.9% give bulls a fairly steady, rather than explosive, base to build that 11.2% earnings growth expectation on.

P/E premium versus peers at 23.7x

• The shares trade on a P/E of 23.7x, above the peer average of 16.0x and the professional services industry at 21.5x, so the market is currently putting a higher multiple on SS&C’s US$3.26 of TTM EPS than on many comparable names.
• Bears argue this richer multiple requires strong delivery, and the numbers give them a couple of pressure points to watch, including modest 4.7% revenue growth and a high level of debt, even as profit margins hold close to 12.7%.
  • Critics highlight that with TTM earnings growth at 4.8% over the past year, the 23.7x P/E sits well above peers growing in a similar single digit range, which can make the premium feel harder to justify.
  • They also point to the elevated leverage flagged in the risk data, which means more cash flow has to service debt before it supports equity holders, a factor that matters when the share price already prices in growth above the recent 2.4% multi year earnings trend.

If you want to see how other investors are weighing these trade offs around growth, debt, and valuation, check out the broader market take on SS&C in Curious how numbers become stories that shape markets? Explore Community Narratives.

DCF fair value far above US$77.39

• The stock changes hands at US$77.39 while the provided DCF fair value sits at US$160.47, and analysts’ price targets around US$99.67 imply room between today’s price and where models place long term value.
• What is interesting for bullish investors is how this upside case leans on the gap between that US$160.47 DCF fair value and the current price, together with the forecast 11.2% yearly earnings growth, even though recent profit growth of 4.8% and a 12.7% margin paint a more measured historical picture.
  • Supporters point out that if earnings keep compounding from the current US$796.9 million base, the combination of analyst target upside of about 28.8% and the DCF gap suggests the market might be pricing SS&C cautiously relative to those models.
  • On the other hand, the same data reminds bulls that the company’s premium 23.7x P/E and high debt level mean that a lot of this upside story rests on those forward growth assumptions actually playing out against a backdrop of modest revenue expansion.

Next Steps

Don't just look at this quarter; the real story is in the long-term trend. We've done an in-depth analysis on SS&C Technologies Holdings's growth and its valuation to see if today's price is a bargain. Add the company to your watchlist or portfolio now so you don't miss the next big move.

See What Else Is Out There

SS&C combines modest earnings growth with a premium 23.7x P/E and high debt, which can make that valuation feel exposed if growth expectations soften.

If those debt and valuation pressure points bother you, take a look at solid balance sheet and fundamentals stocks screener (45 results) to quickly find companies where balance sheets and fundamentals may offer more resilience.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.