ULTIMATE SOFTWARE GROUP INC
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $1.14B | $940.7M | $781.3M | $618.1M | $505.9M | $410.4M |
| Operating income | $80.6M | $44.5M | $41.7M | $43.3M | $54.3M | $43.2M |
| Net income | $65.1M | $14.1M | $29.2M | $14.3M | $44.7M | $25.5M |
| Total assets | $1.40B | $1.38B | $1.13B | $1.47B | $1.19B | $598.2M |
| Total liabilities | $861.3M | $859.2M | $720.5M | $1.13B | $918.5M | $410.0M |
| Equity | $534.6M | $518.0M | $414.2M | $317.2M | $263.3M | $188.2M |
| EPS (diluted) | $2.06 | $0.46 | $0.96 | $0.48 | $1.52 | $0.88 |
| Shares out. | 30.6M | 29.7M | 28.8M | 28.6M | 28.3M | 27.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2018- Operating margin
- 7.1%
- Net margin
- 5.7%
- Return on equity
- 12.2%
- Return on assets
- 4.7%
- Return on capital (ROCE)
- 14.6%
- Liabilities / assets
- 61.7%
- Debt / equity
- 1.61×
- Book value / share
- $17.49
- Revenue growth (YoY)
- 21.2%
- Net income growth (YoY)
- 363.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2018- Altman Z″ (distress)
- 1.95grey zone
- Accruals / assets
- −11.4%clean
- Beneish M-Score
- -2.85normal
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 4 good- Altman Z″ in the grey zone
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Swick GregoryOfficer — Senior VP, Enterprise Sales | May 3, 2019 | D | 29,167 | $331.50 |
| Fitzpatrick James A JrDirector | May 3, 2019 | D | 11,967 | $331.50 |
| Dodd JulieOfficer — Chief Services Officer | May 3, 2019 | D | 49,196 | $331.50 |
| Scherr Marc DOfficer — Vice-Chairman & COO | May 3, 2019 | D | 94,018 | $331.50 |
| Scherr ScottOfficer — Chairman, President and CEO | May 3, 2019 | D | 135,758 | $331.50 |
| Rogers AdamOfficer — Senior VP, Technology | May 3, 2019 | D | 48,334 | $331.50 |
| Alvaro FeliciaOfficer — Exec. VP. CFO and Treasurer | May 3, 2019 | Option exercise | 667 | $331.50 |
| Manne RobertOfficer — Senior VP, General Counsel | May 3, 2019 | D | 1,000 | $331.50 |
| Phenicie John COfficer — Senior VP, Workplace Sales | May 3, 2019 | D | 44,571 | $331.50 |
| Mariner Jonathan DDirector | May 3, 2019 | D | 6,050 | $331.50 |
| Leiter Alois TDirector | May 3, 2019 | D | 141,284 | $331.50 |
| Dorsey JasonDirector | May 3, 2019 | D | 5,700 | $331.50 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Regulation FD disclosureMay 3, 2019
- Shareholder voteApr 30, 2019
- Other material eventApr 15, 2019
- Other material eventMar 26, 2019
- Results of operationsFeb 4, 2019
- Entered a material agreement · Results of operations · Modified shareholder rights · Regulation FD disclosureFeb 4, 2019
- Results of operations · Director / officer changeOct 30, 2018
- Entered a material agreement · Modified shareholder rightsOct 19, 2018
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/A12/31/19 ULTIMATEFeb 14, 2020
- SC 13G/AJun 10, 2019
- 15-12GFORM 15May 13, 2019
- SC 13G/AJANUS HENDERSON GROUP PLC OWNS 5.1% OF ULTIMATE SOFTWAREMay 10, 2019
- EFFECTMay 9, 2019
- EFFECTMay 9, 2019
- 4FORM 4May 7, 2019
- 4FORM 4May 7, 2019
- 4FORM 4May 7, 2019
- 4FORM 4May 7, 2019
- 4FORM 4May 7, 2019
- 4FORM 4May 7, 2019
- 4FORM 4May 7, 2019
- 4FORM 4May 7, 2019
- 4FORM 4May 7, 2019