Share count shrinking. Shares outstanding down 6.3% from December 2022 to August 2026.
Cass Information Systems had 6.3% fewer shares at August 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Profit is backed by cash. Free cash flow is 114% of reported profit.
Cass Information Systems's free cash flow is 114% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 72 → 73
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Beta0.40
Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score 0.89Sector median: 0.6440 · MAD: 0.2745
Current ratio1.01×
Yahoo Finance fallback · SEC figure unavailable or out of dateReported value33% base weight · Z-score -1.13Sector median: 1.6180 · MAD: 0.5360
Debt / equity0.34×
Yahoo Finance fallback · no standard SEC debt tagReported value33% base weight · Z-score 0.17Sector median: 0.4019 · MAD: 0.3378
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Cass Information Systems
Is Cass Information Systems getting weaker?
Its latest SEC filing (Aug 5, 2026) showed no major changes. Its overall score is unchanged at 70/100 since Oct 28, 2026.
How is Cass Information Systems valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 73/100 against 2,459 industrials peers.EBITDA yield 12.9% vs a peer median of 6.9% (stronger than 79% of peers).EBITDA yield 12.9% vs peers 6.9% (stronger than 79% of peers).
Is Cass Information Systems growing?
Yes, faster than most of its peers. Growth scores 66/100 against 2,459 industrials peers.Earnings per share growth 49.4% vs a peer median of 7.1% (stronger than 81% of peers).Earnings per share growth 49.4% vs peers 7.1% (stronger than 81% of peers).3-year revenue growth 0.9% vs a peer median of 4.2% (weaker than 64% of peers).3-year revenue growth 0.9% vs peers 4.2% (weaker than 64% of peers).
How profitable is Cass Information Systems?
More profitable than most of its peers. Profitability scores 88/100 against 2,459 industrials peers.Return on invested capital 53.8% vs a peer median of 7.1% (stronger than 95% of peers).Return on invested capital 53.8% vs peers 7.1% (stronger than 95% of peers).Return on assets 1.5% vs a peer median of 3.1% (weaker than 68% of peers).Return on assets 1.5% vs peers 3.1% (weaker than 68% of peers).
How risky is Cass Information Systems?
Moderate risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings.Beta 0.40 vs a peer median of 0.64 (stronger than 77% of peers).Beta 0.40 vs peers 0.64 (stronger than 77% of peers).Current ratio 1.01× vs a peer median of 1.62× (weaker than 84% of peers).Current ratio 1.01× vs peers 1.62× (weaker than 84% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 5, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
193.4M USD
199.0M USD
+2.9%
Net income (12 months)
35.0M USD
36.7M USD
+5.0%
Free cash flow (12 months)
25.4M USD
41.9M USD
+64.8%
Cash
244.3M USD
228.5M USD
−6.5%
Shares outstanding
12.9M
12.8M
−0.5%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Industrials · 318 companies
Valuations in Industrials are near the top of their range since 2016.
85% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +20% and earnings +14% (medians): prices and earnings moved broadly together.
Median price-to-sales is −24% vs the whole market, against a usual −31%.
2016Shaded: most expensive fifth of its range2026
Cass Information Systems looks cheaper than most of its peers on our valuation measures, while the Industrials sector as a whole is valued high by its own standards since 2016. Both can be true at once.
Shown for Industrials: too few Specialty Business Services companies have a long enough history of their own.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Net margin
18.6%
19.1%
17.0%
10.6%
18.4%
▲ 7.8 pts
Return on assets (ROA)
1.1%
1.4%
1.2%
0.8%
1.3%
▲ 0.5 pts
Return on equity (ROE)
11.6%
16.9%
13.1%
8.4%
14.5%
▲ 6.1 pts
Free cash flow margin
19.6%
25.1%
14.1%
16.8%
16.7%
▼ 0.1 pts
CASS price history
Price history is added with the daily price update and will appear after the next one.