Fidelity National Information Services, Inc.

Services-Business Services, Nec

FISStrained10 of 11 basics passed

$34.08

-0.76%

Market cap $17.6B

$34.08

-0.76%

Market cap $17.6B

Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms.

It is a $17.6B technology company. Revenue grew 18.2% over the last year, it keeps 28¢ of every dollar of sales as profit, and its net debt equals ~4.0 years of free cash flow. It trades at 5.2× earnings — near the lowest of its own history.

Website: fisglobal.com
Location: Jacksonville, FL
Employees: 44 000
Sector: Technology

Share price · 3 years

$53.10 → $34.08-35.8%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $12.2B
Profit: keeps 28¢ of every $1 sold; $3.37B
Free cash flow: cash left after running the business; $2.82B
Net debt: debt minus cash on hand; $11.2B
P/E: years of profit in the price; 5.2
EPS: earnings per share, TTM; $6.42
Dividend: pays out 26% of profit · 31% of FCF; 4.98%
Shares: up 59% since 2016 — dilution; 525.0M
Volatility: beta vs the market — under 1 swings less; 0.90

Revenue, last 10 years

52-week range

Low $32.44$34.08High $67.94

Today's price is 5% of the way from the year's low to its high.

P/E vs its history5y

5.2×median 57.8×

Higher than 1% of past days — near the lowest of its own history.

Valuation vs own history

P/E

5.2×

99%

P/S

1.4×

99%

EV/EBITDA

17.1×

93%

P/B

1.1×

94%

FCF yield

16.1%

99%

Share of the last ~5 years that was pricier than today (unusually cheap vs its own history). Based on the daily valuation record.

Insider activity · 90 days

+$57.4Knet buying

Purchases$57.4K

Sales$0

Insiders trading, last 14d0 buy · 0 sell

Standing in Technology

Size$17.6Btop 62%
Revenue growth-10%top 98%
Net margin28%top 18%
Return on equity23%top 39%
P/E5.2×top 1%
Dividend yield4.98%top 1%

Ranked against 220 Technology companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Strong valuation and quality; Growth, Health and Moat lag behind.

Valuation100

P/E vs own history1th pct · 25/25
FCF yield16.1% · 25/25
P/S1.4x · 25/25
EV/EBITDA9.1x · 25/25

Growth25

Revenue CAGR-6.3% · 0/25
Net income CAGR-2.2% · 0/25
EPS CAGR ~5Y23.6% · 25/25
Fwd implied growth-2.3% · 0/25

Profitability70

ROIC1.5% · 5/25
ROE22.6% · 20/25
Net margin27.6% · 25/25
Operating margin15.7% · 20/25

Health33

Altman Z-0.18 · 3/25
Current ratio0.53 · 0/25
Interest coverage393.0x · 25/25
Net cash / debtD/A 33% · 5/25

Quality87

Piotroski F5/9 · 15/25
Beneish M-2.94 · 25/25
FCF conversion84% · 22/25
Margin stabilityσ 4.3% · 25/25

Moat38

ROIC >12% years0/10 yrs · 0/25
Median gross margin36.4% · 13/25
FCF-positive years10/10 yrs · 25/25
Worst-year net marginworst -115.1% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2024Financial
Best year on record
$1.45B net income
FY2019Financial
Revenue crossed $10B
$10.3B for the year
FY2016Financial
First recorded profitable year
$568M net income
FY2016Financial
Revenue already above $1B
$9.24B in first reported year
FY2016Financial
Positive free cash flow every year since
10-year streak

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$2 753 today — price return only

$10.7B revenue in FY2025

Revenue up 18.2% year over year

Positive free cash flow 10 years in a row

44 000 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Strongly profitable — 27.6% net margin
Revenue growing 18.2% year over year
Strong cash conversion — FCF is 23.1% of revenue
Interest covered 393.0× by operating earnings

Watch-outs

Altman Z-Score -0.18 — elevated financial-distress risk
Net debt would take ~7.3 years of free cash flow to repay
Loss-making in 2 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

10 of 11 checks passed

Revenue growing — the company sells more than a year ago+18.2% YoY
Profitable — makes more than it spends$3.37B TTM
Profit growing — earnings are higher than last year+23.6% YoY
Generates cash — cash left after running and investing$2.82B TTM
Debt under control — could handle its obligations~4.0y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$17.6B market cap
Not printing shares — share count not ballooning — you keep your slice-16.3% shares over ~5y
Proven track record — years of profitability behind it8/10 profitable years
Financially stable — balance sheet not near distressAltman Z -0.2 — distress
Pays a dividend — returns cash to shareholdersyield 4.98%
Valuation not extreme — price not wildly above earningsP/E 5.2

Peer comparisonFidelity National Information Services, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
FIS this company	$17.6B	5.2	+18.2%	27.6%	Strained
NVDA Nvidia Corp	$5.5T	28.6	+83.4%	63.7%	Mixed
AAPL Apple Inc.	$4.9T	38.1	+14.2%	27.6%	Strong
GOOGL Alphabet Inc.	$4.3T	17.6	+20.1%	54.8%	Mixed
MSFT Microsoft Corp	$4.0T	29.7	+17.8%	40.3%	Strong
SPCX Space Exploration Technologies Corp.	$2.1T	—	+33.2%	-34.0%	Strained
META Meta Platforms, Inc.	$1.8T	26.9	+27.7%	29.8%	Mixed

Head-to-head: FIS vs NVDA · FIS vs AAPL · FIS vs GOOGL

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 5Buy 12Hold 15Sell 1

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $12.2B · net income $3.37B (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$12.2B

YoY 18.2%

Net income (TTM)

$3.37B

Margin 27.6%

Gross margin

36.0%

Operating margin

15.7%

P/E ratio

5.2

Dividend yield

4.98%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	12.6	13.9	14.5	9.8	10.1	10.7
Gross profit	4.2	5.2	5.7	3.7	3.8	3.9
Operating income (EBIT)	0.6	1.1	1.7	1.5	1.7	1.7
Net income	0.2	0.4	-16.7	-6.7	1.4	0.4
EPS (diluted)	0.25	0.67	-27.68	-11.26	2.61	0.73

Cash flowFree cash flow $2.82B · operating cash flow $2.98B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$2.82B

Margin 23.1%

Operating cash flow (TTM)

$2.98B

FCF margin

23.1%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	4.4	4.8	3.9	4.3	2.2	2.6
Capital expenditure	-0.3	-0.3	-0.3	-0.1	-0.1	-0.2
Free cash flow	4.2	4.5	3.7	4.2	2.1	2.5
FCF margin	33.3%	32.4%	25.3%	42.7%	20.5%	23.0%

Balance sheetAssets $33.5B · net debt $11.2B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $33.5B of assets is financed

58%

42%

Liabilities $19.6B — borrowed moneyEquity $13.9B — owners' stake

Cash vs debt

Total debt $11.8B − cash $599M = net debt $11.2B

Cash on hand covers 5% of debt.

Altman Z-Score

-0.18

Distress zone

Debt repayment

7.3 yrs

Years of free cash flow to clear net debt

Interest coverage

393.0x

EBIT ÷ interest expense

ROE

22.6%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	2.0	2.0	2.2	0.4	0.8	0.6
Total assets	83.8	82.9	63.3	55.1	33.8	33.5
Total liabilities	34.4	35.4	35.9	36.0	18.1	19.6
Total debt	18.7	18.7	18.0	17.7	10.3	11.8
Equity	49.3	47.3	27.2	19.1	15.7	13.9
Net debt	16.7	16.7	15.8	17.3	9.5	11.2

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of FIS on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $34.08 · market cap $17.6B.