ANDG vs BFAM: Andersen and Bright Horizons Family Solutions compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Andersen is the larger company, worth $6.9B, about 1.9 times Bright Horizons Family Solutions.
- Andersen grew revenue faster over the last year (+14.6% vs +6.5%).
- Bright Horizons Family Solutions keeps more of each dollar of revenue as operating profit (10.3% vs -16.1%).
- Andersen's price assumes faster free cash flow growth: about 14% a year, against 0% for Bright Horizons Family Solutions (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | ANDG | BFAM |
|---|---|---|
| Market cap | $6.9B | $3.6B |
| Share price | $56.82 | $69.45 |
| Revenue (last fiscal year) | $839M | $2.9B |
| Free cash flow (last fiscal year) | $174M | $259M |
| Revenue growth, last year | +14.6% | +6.5% |
| Revenue growth per year, last 5 fiscal years | +14.6% | +13.7% |
| Operating margin | -16.1% | 10.3% |
| Net margin | -0.28% | 5.8% |
| Return on equity | — | 18.6% |
| P/E (trailing) | — | 20.8x |
| Price / free cash flow | 39.5x | 14.1x |
| EV / EBITDA | — | 13.5x |
| FCF growth the price implies | 13.9% | 0.34% |
| Dividend yield | — | — |
| Debt / equity | — | 3.02x |
| Fundamental grade | D | D |
| Superinvestors holding it | 1 | 4 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Andersen
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2023 | $639M | $113M | 18.3% |
| 2024 | $732M | $144M | 17.7% |
| 2025 | $839M | $174M | -16.1% |
Bright Horizons Family Solutions
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.8B | $164M | 7.4% |
| 2022 | $2.0B | $118M | 7.8% |
| 2023 | $2.4B | $165M | 7.1% |
| 2024 | $2.7B | $240M | 9.2% |
| 2025 | $2.9B | $259M | 10.7% |
Where the revenue comes from
Andersen · by products, 2025
Private Client Services$432M51%
Business Tax Services$292M35%
Alternative Investment Funds$73M9%
Valuation Services$42M5%
Bright Horizons Family Solutions · by segments, 2025
Full service center-based child care$2.1B71%
Back-up care$728M25%
Educational advisory services$124M4%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open ANDG in InvestinglyQuestions
Which is bigger, Andersen or Bright Horizons Family Solutions?
Andersen (ANDG), at $6.9B against $3.6B.
Which grows faster, ANDG or BFAM?
Andersen: revenue grew +14.6% over the last year, against +6.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.