Fidelity National Information Services (FIS)
Financials · $18.3B market cap · SEC CIK 0001136893
fundamentals score out of 100
Next reports on Nov 3, 2026, before the open, with analysts expecting $1.62 in earnings per share.
The case for FIS
- Cheap on earnings at 5.4×, well under the market's usual 20×.
- 28% of revenue drops through to net profit.
- Revenue growing 18.3% year over year.
- Earnings per share up 3492.8%.
- Pays a 3.7% dividend while you wait.
- Trades at 1.25× book value, close to what the balance sheet says it owns.
The case against
- Down 46.0% over the past year.
- Revenue has shrunk 3.2% a year over five years.
- Near the bottom of its 52-week range, 49% below the high. Falling prices usually have a reason; find it first.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Financials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 91 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 34 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 67 |
| Momentumhow the price has behaved lately | 12 |
| Stabilityhow violently it moves, what it owes and what it pays you | 51 |
- Its debt and cash flow are not scored, as for every company in the Financials sector: for banks, insurers and brokers, borrowing is the business.
- Each factor except momentum is half fixed thresholds, half rank among the 74 Financials companies.
Key numbers
| Price / earnings | 5.4× |
|---|---|
| Price / book | 1.25× |
| Price / sales | 1.5× |
| Revenue growth (YoY) | +18.3% |
| EPS growth (YoY) | +3492.8% |
| Gross margin | 36% |
| Operating margin | 16% |
| Net margin | 28% |
| Return on equity | 23% |
| Debt / equity | 1.32× |
| Current ratio | 0.53 |
| Dividend yield | 3.75% |
| Beta | 0.88 |
| 52-week range | $35.19 – $69.14 |
| Position in that range | 0% of the way up |
| 3-month return | -7.9% |
| 1-year return | -46.0% |
Five years of financials, as filed
Pulled from Fidelity National Information Services's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $10.7B | $10.1B | $9.8B | $9.7B | $9.3B |
| Gross profit | $3.9B | $3.8B | $3.7B | $3.5B | $3.3B |
| Operating income | $1.7B | $1.7B | $1.4B | $1.2B | $1.0B |
| Net income | $382M | $1.4B | -$6.7B | -$16.8B | $417M |
| Operating cash flow | $2.6B | $2.2B | $4.3B | $3.9B | $4.8B |
| Capital expenditure | $154M | $97.0M | $115M | $227M | $320M |
| Total assets | $33.5B | $33.8B | $55.0B | $63.3B | $82.9B |
| Total liabilities | $19.6B | $18.1B | $35.9B | $35.9B | $35.4B |
| Shareholder equity | $13.9B | $15.7B | $19.1B | $27.2B | $47.3B |
| Cash | $599M | $834M | $440M | $456M | $2.0B |
| Long-term debt | $9.1B | $9.7B | $13.0B | $14.2B | $14.8B |
| Free cash flow | $2.5B | $2.1B | $4.2B | $3.7B | $4.5B |
| Gross margin | 36.9% | 37.6% | 37.2% | 35.6% | 35.9% |
| Operating margin | 16.3% | 16.9% | 14.7% | 12.1% | 11.1% |
| Net margin | 3.6% | 14.3% | -67.7% | -172.3% | 4.5% |
| Diluted shares | 525M | 555M | 591M | 604M | 621M |
Share count is down 15.5% over 4 years. Buybacks have been shrinking the pie.
What Fidelity National Information Services says it does
Overview About FIS FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial systems. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index. FIS is incorporated under the laws of the State of Georgia as Fidelity National Information Services, Inc., and our stock is traded under the trading symbol "FIS" on the New York Stock Exchange.…
Risk factors FIS lists in its 10-K
- Risks Related to Our Business and Operations
- We operate in a competitive business environment; if we are unable to compete effectively, our business, financial condition or results of operations may be adversely affected
- Failure to obtain new clients or renew client contracts on favorable terms could adversely affect our business, financial condition or results of operations
- Bank failures or sustained financial market disruptions could adversely affect our business, financial condition and results of operations
- The Company is subject to regulation, supervision, and enforcement authority of numerous governmental and regulatory bodies in the jurisdictions in which it operates
- High profile digital banking security breaches or information system failures could impact consumer payment behavior patterns in the future and reduce our transaction volumes
- Misappropriation of and infringement on our intellectual property and proprietary rights, or a finding that our patents are invalid, could impair our competitive position
- If our applications or services are found to infringe the proprietary rights of others, then we may be required to change our business practices and may also become subject to significant costs and monetary penalties
- Some of our solutions contain "open source" software, and any failure to comply with the terms of one or more of these open source licenses could adversely affect our business
- Lack of system integrity, fraudulent payments, credit quality, and undetected errors related to funds settlement or the availability of clearing services could result in a financial loss
- Our business is subject to the risks of international operations, including movements in foreign currency exchange rates
- Failure to comply with anti-bribery and anti-corruption laws could subject us to penalties and other adverse consequences
- We have businesses in emerging markets that may experience significant economic volatility
- The direct and indirect effects of climate change, including increased legal and regulatory requirements and stakeholder expectations, could adversely affect our business