TORVANTA
Other · S&P 500 · data as of 2026-10-05

FN stock analysis: FN

FN (FN) is an S&P 500 company in Other. It grades weakest on value.

The model's view of FN · subscribers

Where FN ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with FN · updated 2026-10-05 · from prices and SEC filings

FN price performance

FN against the S&P 500, one year
+0%+50%+100%FN +25%S&P 500 +18%2025-09-292026-10-05
Year to date-0.3%S&P 500 +14.5% · behind by 14.8 pts
1 year+24.0%S&P 500 +17.0% · ahead by 7.0 pts
3 years+160.7%S&P 500 +89.3% · ahead by 71.4 pts
5 years+333.3%S&P 500 +91.3% · ahead by 242.0 pts

Total returns with dividends reinvested.

FN factor grades

Each grade compares FN with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D+ValueP/E 34.8x (industry 20.1x)FCF yield 0.0% (industry 6.0%)
B-GrowthRevenue growth +36% (industry +8%)EPS growth +42% (industry +10%)
CProfitabilityOperating margin 10.0% (industry 9.6%)ROIC 18.7% (industry 10.1%)
CMomentum12-month change +24%From 52-wk high -39%

FN in plain numbers

FN key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$16.3B
Revenue growth (y/y)+36%
Free-cash-flow yield0.0%
Dividend yieldn/a
Next earnings (expected)2026-11-02
Valuation measures
Market value$16.3B
Enterprise value$15.9B
P/E (trailing)34.8x
Forward P/E (Torvanta estimate)30.0x
PEG (Torvanta estimate)1.91
Price / sales3.5x
Price / book6.6x
EV / revenue3.4x
EV / EBITDA30.0x
Financial highlights
Revenue, last 12 months$4.6B
Net income, last 12 months$473.0M
EPS, last 12 months (GAAP)$13.05
Gross margin12.0%
Operating margin10.0%
Net margin10.2%
Return on equity21.3%
Return on invested capital18.7%
Cash$346.7M
Free cash flow, last 12 months$4.2M
Current ratio2.25x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

FN earnings trends

Revenue vs earnings
$0$328.9M$657.9M$1.0B$1.3BSep 2024 Revenue: $804.2MDec 2024 Revenue: $833.6MMar 2025 Revenue: $871.8MJun 2025 Revenue: $909.7MSep 2025 Revenue: $1.0BDec 2025 Revenue: $1.1BMar 2026 Revenue: $1.2BJun 2026 Revenue: $1.3BSep 2024 Net income: $77.4MDec 2024 Net income: $86.6MMar 2025 Net income: $81.3MJun 2025 Net income: $87.2MSep 2025 Net income: $95.9MDec 2025 Net income: $112.6MMar 2026 Net income: $125.2MJun 2026 Net income: $139.3MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 9.6%Net margin: 10.4%Net margin: 9.3%Net margin: 9.6%Net margin: 9.8%Net margin: 9.9%Net margin: 10.3%Net margin: 10.6%0%5%11%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$1.0$1.9$2.9$3.8Sep 2024 EPS (GAAP, diluted): $2.1Dec 2024 EPS (GAAP, diluted): $2.4Mar 2025 EPS (GAAP, diluted): $2.3Jun 2025 EPS (GAAP, diluted): $2.4Sep 2025 EPS (GAAP, diluted): $2.7Dec 2025 EPS (GAAP, diluted): $3.1Mar 2026 EPS (GAAP, diluted): $3.5Jun 2026 EPS (GAAP, diluted): $3.8Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +25% · Dec 2025 +31% · Mar 2026 +53% · Jun 2026 +58%

From the company's 10-Q and 10-K filings with the SEC.

FN financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025FY2026
Revenue$2.3B$2.6B$2.9B$3.4B$4.6B
Net income$200.4M$247.9M$296.2M$332.5M$473.0M
EPS (GAAP)$5.36$6.73$8.10$9.18$13.05
Free cash flow$34.7M$151.9M$365.6M$207.3M$4.2M

FN earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-17$3.83+58%+45%-14.2%
2026-05-04$3.45+53%+39%-7.0%
2026-02-02$3.11+31%+36%-8.0%
2025-11-03$2.66+25%+22%+5.3%
2025-08-18$2.42+9%+21%-13.0%
2025-05-05$2.25+2%+19%-4.7%

Companies similar to FN

CompanyMarket valueP/ERevenue growthOperating margin12-month change
FN FN$16.3B34.8x+36%10.0%+24%
RBC RBC$16.2B50.7x+17%23.6%+37%compare
DOCN DOCN$16.1B63.5x+21%14.8%+267%compare
RGA RGA$16.4B11.0x+19%n/a+30%compare
CNH CNH$16.5B53.2x+1%n/a+23%
STRL STRL$16.0B37.7x+61%17.5%+50%
ONTO ONTO$16.0B122.3x+8%12.0%+126%

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Frequently asked questions

Is FN stock a buy?

Torvanta does not tell individuals what to buy. Its grades for FN are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is FN's P/E ratio?

FN trades at about 34.8 times its last 12 months of GAAP earnings reported to the SEC, and about 30.0 times Torvanta's own estimate of the next 12 months.

When does FN report earnings next?

Based on its filing history, Torvanta expects FN to report around 2026-11-02.

How has FN performed against the S&P 500?

Over the past year FN returned +24.0%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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