BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM)

Bright Horizons Family Solutions, Inc. engages in the provision of early education and child care, family care solutions, and workforce education services. It operates through the following segments: Full-Service Center-Based Child Care, Back-Up Care, Educational Advisory and Other Services. The Full-Service Center-Based Child Care segment consists of traditional center-based early education and child care, preschool, and elementary education. The Back-Up Care segment deals with center-based back-up child care, in-home care for children and adult or elder dependents, school-age camps, tutoring, pet care, and self-sourced reimbursed care. The Educational Advisory and Other Services segment is involved in tuition assistance and student loan repayment program management, workforce education, related educational advising, college advisory services, and Sittercity, an online marketplace for families and caregivers. The company was founded by Roger H. Brown and Linda A. Mason in 1986 and is headquartered in Newton, MA.

Address

2 WELLS AVENUE
NEWTON, MA 02459

Founded

1986

Number of Employees

31,400

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$221,577 $128,101 $112,765 $162,182 $129,828 $34,790 $37,516 $216,749 $182,877 $1,410 $881 $111,698
Average Price $44.49 $57.68 $64.60 $82.39 $104.29 $147.34 $138.92 $130.56 $91.87 $86.37 $107.50 $75.19
# Shares Purchased 4,980,470 2,221,047 1,745,505 1,968,415 1,244,876 236,127 270,055 1,660,129 1,990,608 16,321 8,192 1,485,613
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 214.7% 142.7% 116.7% 69.9% 34.2% -5.0% 0.8% 7.2% 52.4% 62.1% 30.2% 86.2%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return 32.8% -30.2% -51.9% -59.8% -70.6% -98.1% -74.1% -24.4% 15.1% 30.8% 22.8% -7.8%
Quartile Rank
Percentile Rank 77% 69% 63% 61% 52% 31% 29% 52% 81% 88% 88% 82%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.