Jack Henry & Associates management check
JKHY · Financials · Transaction & Payment Processing Services · CEO Gregory R. Adelson
Filings as of
3 good · 3 to watch · 1 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2022 grew to $90, against $125 for the peer group the company picked itself.
- Watch
Does pay follow performance?
Pay only loosely tracked returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.42 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Watch
What does the CEO cost owners?
1.7% of net income$8.4m of reported pay in fiscal 2026, against $502.8m of net income.
- Good
Do they own the stock?
Insiders are buyingThe CEO holds 31,290 shares, directly or through trusts (unvested awards not counted): about 0.6 years of pay. 2 insiders bought $317k on the open market in the last six months, with their own money, near the lows.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -0.0% a year over the last three fiscal years. Stock-based pay was 1.2% of revenue in the latest year.
- Watch
Is leadership stable?
2 CEOs in the pay tableCEOs in the pay table: Mr. Foss, Mr. Adelson. 11 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Financials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 14 | 49 | |
| Pay for performance | 71 | 83 | |
| CEO cost | 31 | 67 | |
| Skin in the game | 45 | 51 | |
| Dilution | 50 | 69 | |
| Stable leadership | 30 | 80 | |
| Clean books | 100 | 100 |
Closest peers
Others in Transaction & Payment Processing Services, by management score. Jack Henry & Associates is 70th of 72 in its sector.
- 107MAMastercard76
- 209CPAYCorpay68
- 250XYZBlock, Inc.64
- 273VVisa Inc.63
- 316GPNGlobal Payments60
- 359PYPLPayPal57
- 389FISVFiserv55
- 433JKHYJack Henry & Associates49
- 462FISFidelity National Information Services42
Pay versus performance
From the proxy statement filed October 2, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2026 | Mr. Adelson | $8.4m | $5.4m | $2.5m | $90 | $125 | $502.8m |
| 2025 | Mr. Adelson | $7.0m | $7.0m | $2.6m | $116 | $162 | $455.7m |
| 2024 | Mr. Foss | $11.0m | $11.3m | $2.2m | $105 | $138 | $381.8m |
| 2023 | Mr. Foss | $10.4m | $4.3m | $1.5m | $105 | $108 | $366.6m |
| 2022 | Mr. Foss | $9.8m | $15.1m | $1.7m | $111 | $84 | $362.9m |
The board says pay is tied most to non-GAAP adjusted operating income. Its other key measures: Non-GAAP adjusted operating income, Relative total shareholder return, Non-GAAP adjusted operating revenue CAGR, Non-GAAP adjusted operating margin expansion.
Insiders and the CEO's stake
Gregory R. Adelson (President & CEO) held 31,290 shares directly after their latest Form 4 on Aug 27, 2026, roughly $5.4m at that filing's price.
2 insiders bought $317k on the open market in the last six months, with their own money, near the lows.
- BoughtGregory R. AdelsonPresident & CEO$267kMay 14, 2026
- BoughtMimi CarsleyCFO and Treasurer$50kMay 14, 2026
Leadership and governance on file
- Aug 24, 2026Leadership change8-K 5.02
- Jun 4, 2026Leadership change8-K 5.02
- Nov 14, 2025Leadership change8-K 5.02
- Aug 27, 2025Leadership change8-K 5.02
- Jul 1, 2025Leadership change8-K 5.02
- Aug 28, 2024Leadership change8-K/A 5.02
- Jul 23, 2024Leadership change8-K 5.02
- Jun 28, 2024Leadership change8-K/A 5.02
- Mar 11, 2024Leadership change8-K 5.02
- Jan 22, 2024Leadership change8-K 5.02
- Nov 27, 2023Leadership change8-K 5.02
- Aug 8, 2022Leadership change8-K 5.02
Latest shareholder vote results: Nov 14, 2025, including the say-on-pay vote.
Where the money went
Over 2021–2025: $1.5bn returned to owners in buybacks and dividends, 77% of net income, and $131.4m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.8bn | $1.9bn | $2.1bn | $2.2bn | $2.4bn |
| Net income | $311.5m | $362.9m | $366.6m | $381.8m | $455.7m |
| Stock-based pay | $20.7m | $24.8m | $28.6m | $28.9m | $28.4m |
| Buybacks | $431.5m | $193.9m | $25.0m | $28.1m | $35.1m |
| Dividends | $133.8m | $139.1m | $147.2m | $155.9m | $164.6m |
| Diluted shares | 76m | 73m | 73m | 73m | 73m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.