Bright Horizons Family Solutions Inc. (BFAM) company profile
Close on Nov 13, 2026Market cap $2.53BP/E –Yield –
About Bright Horizons Family Solutions
Services-Child Day Care Services, SIC 8351
Bright Horizons provides early childhood education, family care solutions, and workforce education services primarily to employers as employee benefits. The company operates through three segments: full-service center-based child care, back-up care, and educational advisory services. Offerings include infant, toddler, and preschool education, back-up child and senior care, tutoring, camp programs, tuition assistance administration, student loan repayment management, and college admissions counseling. Its clients consist of employers spanning various industries, as well as families who utilize its care centers and retail services.
The company operates in North America and internationally across the United Kingdom, the Netherlands, Australia, and India. As of December 31, 2025, it ran 1,010 early education and child care centers with capacity for approximately 115,000 children, including 597 locations in North America and 413 outside North America. It also maintains a back-up care network comprising over 5,500 providers. The provided report text does not state the location of the company's headquarters.
Summary of the business section of Bright Horizons Family Solutions's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Bright Horizons Family Solutions Inc.
- Founded
- 1986
- Headquarters
- Newton, MA
- Address
- 2 Wells Avenue 02459
- Phone
- (617) 673-8000
- Website
- www.brighthorizons.com
- Employees
- 32,200, Dec 31, 2025
- Industry
- Services-Child Day Care Services
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- BFAM
- Exchange
- NYSE
- IPO date
- Jan 25, 2013
- Shares outstanding
- 48M, Oct 22, 2026
- Public float
- $7.10B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1437578
- CUSIP
- 109194100
- ISIN
- US1091941005
- FIGI
- BBG003LFWP05
- Share class FIGI
- BBG003LFWPT4
- LEI
- 2549009BKSVTM7UEYT38
- EIN
- 80-0188269
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Stephen Howard Kramer | CEO & President, Director | 232,485 |
| Philip John Smith | Managing Director-UK & Europe | 10,611 |
| Mary Lou Burke | COO North America Center Ops | 32,265 |
| Rosamund Marshall | Managing Director - Intl. | 25,409 |
| Elizabeth J. Boland | Chief Financial Officer | 90,204 |
| Jason Janoff | Chief Accounting Officer | 12,233 |
| Mandy Berman | COO Back-Up and Ed Advisory | 25,615 |
| John Guy Casagrande | General Counsel and Secretary | 22,012 |
| Mary Ann Tocio | Director | 14,329 |
| Jennifer Schulz | Director | 3,614 |
| Laurel Richie | Director | 8,769 |
| Joshua Bekenstein | Director | 12,778 |
| David H. Lissy | Director | 145,755 |
| Lawrence M. Alleva | Director | 13,336 |
| Jordan Hitch | Director | 12,778 |
| Julie Atkinson | Director | 11,378 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $5.30M | $4.17M | $1.91M | $59 | $138 |
| FY2024 | $5.15M | $6.64M | $1.83M | $64 | $127 |
| FY2023 | $4.93M | $8.11M | $1.71M | $54 | $104 |
| FY2022 | $3.26M | -$3.28M | $1.44M | $36 | $83 |
| FY2021 | $4.24M | -$70.24K | $1.51M | $73 | $113 |
| FY2020 | $2.90M | $4.89M | $1.05M | $115 | $136 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|---|
| Stephen H. Kramer Chief Executive Officer and President | $699.66K | $507.25K | $2.63M | $875.13K | $588.41K | $8.24K | $5.30M | +3% |
| Elizabeth J. Boland Chief Financial Officer | $430.56K | $215.28K | $825.01K | $275.03K | $249.73K | $6.78K | $2.00M | +4% |
| Mary Lou Burke Afonso Chief Operating Officer, North America Center Operations | $430.56K | $215.28K | $825.01K | $275.03K | $249.73K | $9.50K | $2.01M | +4% |
| Mandy Berman Chief Operating Officer, Back-up Care and Educational Advisory Services | $430.56K | $215.28K | $825.01K | $275.03K | $249.73K | $8.11K | $2.00M | +3% |
| Rosamund Marshall Managing Director, International | $454.02K | $170.26K | $562.51K | $187.53K | $197.50K | $44.01K | $1.62M | +6% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Jan 25, 2013
- Offer price
- $22.00
- Securities offered
- 10,100,000
- Gross proceeds
- $222.20M
- Exchange
- NYSE
- First trading day
- Jan 25, 2013
- First-day close
- $28.32+28.7%
- Lock-up ends (est.)
- Jul 24, 2013
“Per share Total Initial public offering price $ 22.000 $ 222,200,000 Underwriting discounts and commissions $ 1.485 $ 14,998,500 Proceeds, before expenses, to us $ 20.515 $ 207,201,500 To the extent that the underwriters sell more than 10,100,000 shares of common stock, the underwriters have the option for a period”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 32,200 global employees (including part-time and substitute teachers), of whom approximately 3,300 were employed as corporate, divisional and regional employees, and approximately 28,900 were employed at our early education and child care centers and as in-home caregivers.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 10, 2024 | Deregistration | Termination of SEC registration (Form 15) |
| Jul 1, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 21, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 11, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 25, 2013 | IPO | Initial public offering priced (424B4 prospectus) |
| Jan 14, 2013 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 11, 2008 | Name change | Name changed from BRIGHT HORIZONS SOLUTIONS CORP to Bright Horizons Family Solutions Inc. |
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