Fidelity National Information Services, Inc.

10-K & 10-Q Filings

Fidelity National Information Services (FIS) is a leading global provider of financial services technology solutions for financial institutions, businesses, and developers. The company's mission is to deliver superior solutions to its clients and expand its client base to generate sustained revenue and earnings growth for its shareholders. FIS' strategy includes building, buying, or partnering to add solutions, supporting clients through innovation, driving efficiency and scalability, expanding distribution, and allocating capital and resources strategically. FIS operates in three segments: Banking Solutions, Capital Market Solutions, and Corporate and Other. The Banking segment focuses on serving financial institutions with core processing software, transaction processing software, and complementary applications and services. The Capital Market Solutions segment serves global financial services clients and corporations with a broad array of buy- and sell-side, treasury, risk management, and lending solutions. The Corporate and Other segment consists of corporate overhead expense, certain leveraged functions, and miscellaneous expenses that are not included in the operating segments, as well as certain non-strategic businesses that the company plans to wind down or sell. FIS has a global presence and offers a broad portfolio of solutions, including core processing software applications, digital banking solutions, fraud, risk management, and compliance solutions, card and retail payments solutions, electronic funds transfer and network solutions, and wealth and retirement solutions. The company's sales and marketing efforts target prospects via direct and indirect field sales, inbound and outbound lead generation, telesales, and virtual sales efforts. FIS' website is www.fisglobal.com, and its stock is traded under the ticker symbol "FIS" on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$5745.70
5807.60
6070.70
6413.80
6595.20
9241.00
9123.00
8423.00
10333.00
12552.00
13877.00
14528.00
9821.00
4.57%-32.40%Cost of Revenue (-)
$3998.00
3946.90
4085.60
4332.70
4393.20
6233.00
6181.00
5569.00
6610.00
8348.00
8682.00
8820.00
6145.00
3.65%-30.33%Gross Profit (+)
$1747.70
1860.70
1985.10
2081.10
2202.00
3008.00
2942.00
2854.00
3723.00
4204.00
5195.00
5708.00
3676.00
6.39%-35.60%Selling, General & Administrative (-)
$671.80
781.50
920.70
810.50
1102.80
1710.00
1450.00
1301.00
2667.00
3516.00
3938.00
4118.00
2096.00
9.95%-49.10%Non-recurring Operating Expenses (-)
$9.10
95.00
87.00
136.00
202.00
17709.00
113.00
23.36%-99.36%Operating Expenses (-)
$680.90
781.50
920.70
810.50
1102.80
1710.00
1450.00
1396.00
2754.00
3652.00
4140.00
21827.00
2209.00
10.30%-89.88%Costs & Expenses (Total) (-)
$4678.90
4728.40
5006.30
5143.20
5496.00
7943.00
7631.00
6965.00
9364.00
12000.00
12822.00
30647.00
8354.00
4.95%-72.74%Operating Income/Loss (+)
$1066.80
1079.20
1064.40
1270.60
1099.20
1298.00
1492.00
1458.00
969.00
552.00
1055.00
-16119.00
1467.00
2.69%109.10%Non-operating Income/Expense (+)
$-322.50
-248.00
-239.40
-217.20
-62.30
-392.00
-456.00
-354.00
-556.00
-286.00
-266.00
-212.00
-804.00
-279.25%Interest Expense (-)
$264.80
231.30
198.60
172.80
199.10
403.00
359.00
314.00
389.00
339.00
216.00
300.00
713.00
8.60%137.67%Earnings before Tax (+)
$744.30
831.20
825.00
1053.40
1036.90
906.00
1036.00
1104.00
413.00
266.00
789.00
-16331.00
663.00
-0.96%104.06%Tax Expense (-)
$239.00
270.90
309.20
335.10
378.80
317.00
-319.00
208.00
100.00
96.00
371.00
377.00
157.00
-3.44%-58.36%Income/Loss (Continuing Operations) (+)
$505.30
560.30
515.80
718.30
658.10
589.00
1352.00
881.00
313.00
170.00
418.00
-16708.00
506.00
0.01%103.03%Income/Loss (Discontinued Operations) (+)
$-24.20
-79.20
1.90
-11.40
-7.30
1.00
-7153.00
Profit/Loss (+)
$481.10
481.10
517.70
706.90
650.80
590.00
1352.00
881.00
303.00
164.00
424.00
-16708.00
-6647.00
60.22%Net Income/Loss (NCI) (-)
$11.50
19.90
24.60
27.80
19.30
22.00
33.00
35.00
5.00
6.00
7.00
12.00
Net Income/Loss (+)
$469.60
461.20
493.10
679.10
631.50
568.00
1319.00
846.00
298.00
158.00
417.00
-16720.00
-6654.00
60.20%Net Income/Loss (Common) (+)
$469.60
461.20
493.10
679.10
631.50
568.00
1319.00
846.00
298.00
158.00
417.00
-16720.00
-6654.00
60.20%EPS (Basic)
$1.56
1.58
1.70
2.38
2.22
1.74
4.00
2.58
0.67
0.26
0.68
-27.68
-11.26
59.32%EPS (Diluted)
$1.53
1.55
1.68
2.35
2.19
1.72
3.93
2.55
0.66
0.25
0.67
-27.68
-11.26
59.32%Weighted Avg Shares (Basic)
300.60
291.80
289.70
284.80
285.00
326.00
330.00
328.00
445.00
619.00
616.00
604.00
591.00
5.80%-2.15%Weighted Avg Shares (Diluted)
307.00
297.50
294.20
288.70
288.70
330.00
336.00
332.00
451.00
627.00
621.00
604.00
591.00
5.61%-2.15%Cash
$415.50
517.60
547.50
492.80
687.60
683.00
665.00
703.00
1152.00
1959.00
2010.00
2188.00
440.00
0.48%-79.89%Receivables
$955.50
997.90
1085.80
1191.50
1928.30
1704.00
1720.00
1638.00
3579.00
3631.00
4127.00
4192.00
2017.00
6.42%-51.88%Inventory
$
123.00
124.00
140.00
Prepaid Expenses (Current)
$117.10
111.90
154.10
167.00
262.90
236.00
253.00
288.00
308.00
254.00
551.00
583.00
603.00
14.63%3.43%Other Assets (Current)
$194.60
216.80
564.50
621.80
632.60
1659.00
968.00
981.00
3529.00
3914.00
4020.00
5855.00
10728.00
39.67%83.23%Assets (Current)
$1682.70
1844.20
2351.90
2473.10
3511.40
4282.00
3606.00
3733.00
8692.00
9898.00
10708.00
12818.00
13788.00
19.16%7.57%Property, Plant & Equipment (Net)
$414.50
419.50
439.00
483.30
610.70
626.00
610.00
587.00
900.00
887.00
949.00
862.00
695.00
4.40%-19.37%Goodwill & Intangibles
$10446.10
9957.70
9839.30
10145.60
19903.90
18842.00
17680.00
16677.00
68040.00
67196.00
64869.00
43232.00
18794.00
5.02%-56.53%Other Assets
$1305.00
1328.30
1329.90
1418.50
2242.80
2281.00
2621.00
2773.00
6174.00
5861.00
6405.00
6366.00
21828.00
26.46%242.88%Assets (Non-current)
$12165.60
11705.50
11608.20
12047.40
22757.40
21749.00
20911.00
20037.00
75114.00
73944.00
72223.00
50460.00
41317.00
10.73%-18.12%Assets (Total)
$13848.30
13549.70
13960.10
14520.50
26268.80
26031.00
24517.00
23770.00
83806.00
83842.00
82931.00
63278.00
55105.00
12.20%-12.92%Accounts Payable
$641.50
624.60
768.00
730.30
1186.40
1146.00
1241.00
1099.00
2374.00
2482.00
2864.00
2754.00
1859.00
9.27%-32.50%Debt (Current)
$259.20
153.90
128.80
13.10
15.30
332.00
1045.00
315.00
2963.00
4064.00
5528.00
5930.00
6108.00
30.12%3.00%Other Liabilities (Current)
$454.20
478.30
775.90
855.50
1162.20
1673.00
1637.00
1711.00
5045.00
5815.00
6074.00
7540.00
10351.00
29.76%37.28%Liabilities (Current)
$1354.90
1256.80
1672.70
1598.90
2363.90
3151.00
3923.00
3125.00
10382.00
12361.00
14466.00
16224.00
18318.00
24.24%12.91%Securities (Liabilities)
$
Debt (Non-current)
$4550.60
4231.60
4339.80
5054.60
11497.80
10146.00
7718.00
8670.00
17229.00
15951.00
14825.00
14207.00
12970.00
9.12%-8.71%Other Liabilities
$1291.60
1267.70
1210.30
1175.50
3000.30
2889.00
1932.00
1753.00
6739.00
6043.00
6108.00
5441.00
4718.00
11.40%-13.29%Liabilities (Non-current)
$5842.20
5499.30
5550.10
6230.10
14498.10
13035.00
9650.00
10423.00
23968.00
21994.00
20933.00
19648.00
17688.00
9.67%-9.98%Liabilities (Total)
$7197.10
6756.10
7222.80
7829.00
16862.00
16186.00
13573.00
13548.00
34350.00
34355.00
35399.00
35872.00
36006.00
14.36%0.37%Treasury Stock
$2642.20
2695.70
3003.00
3423.60
3686.50
3611.00
3604.00
4687.00
52.00
150.00
2266.00
4192.00
4724.00
4.96%12.69%Retained Earnings
$1880.40
2105.80
2341.90
2746.80
3072.90
3299.00
4233.00
4528.00
4161.00
3440.00
2889.00
-14971.00
-22864.00
-52.72%AOCI
$36.30
30.00
-9.90
-107.20
-279.40
-331.00
-332.00
-430.00
-33.00
57.00
252.00
-360.00
-260.00
27.78%Shareholder's Equity
$6651.20
6793.60
6737.30
6691.50
9406.80
9845.00
10944.00
10222.00
49456.00
49313.00
47358.00
27226.00
19099.00
9.19%-29.85%Liabilities & Equity
$13848.30
13549.70
13960.10
14520.50
26268.80
26031.00
24517.00
23770.00
83806.00
83842.00
82931.00
63278.00
55105.00
12.20%-12.92%Net Income/Loss
$481.10
481.10
517.70
706.90
650.80
590.00
1352.00
881.00
303.00
164.00
424.00
-16708.00
-6647.00
60.22%Depreciation & Amortization
$675.40
662.20
634.50
646.00
680.30
1193.00
1410.00
1437.00
2468.00
3745.00
4045.00
3877.00
2704.00
12.25%-30.26%Increase/Decrease in Working Capital
$90.30
85.40
65.60
219.60
165.90
-203.00
277.00
439.00
851.00
-311.00
464.00
557.00
-1775.00
-418.67%Share-based Compensation
$64.70
83.80
53.40
55.70
97.90
137.00
107.00
84.00
402.00
283.00
383.00
215.00
154.00
7.49%-28.37%Adjustments to Reconcile Net Income
$690.40
565.60
542.60
458.00
486.10
1335.00
389.00
1112.00
2107.00
4278.00
4386.00
20647.00
10982.00
25.93%-46.81%Net Cash (Operating)
$1171.50
1046.70
1060.30
1164.90
1136.90
1925.00
1741.00
1993.00
2410.00
4442.00
4810.00
3939.00
4335.00
11.52%10.05%Capital Expenditure
$144.10
-152.20
255.40
966.40
1894.70
616.00
-694.00
638.00
7411.00
1598.00
1648.00
1340.00
1279.00
19.95%-4.55%Net Cash (Investing)
$-299.20
-23.20
-464.70
-984.60
-1898.00
-619.00
690.00
-668.00
-7501.00
-914.00
-1771.00
-373.00
-1352.00
-262.47%Increase/Decrease in Debt
$-413.90
-427.10
72.60
571.90
1655.80
-1004.00
-2074.00
223.00
8680.00
-1372.00
633.00
925.00
-1394.00
-250.70%Increase/Decrease in Equity
$-384.30
-559.60
-494.60
-535.70
-357.60
-65.00
42.00
-997.00
-393.00
220.00
-2067.00
-1904.00
-484.00
74.58%Interest Expenses
$264.20
200.10
193.50
168.70
141.50
351.00
354.00
298.00
332.00
428.00
491.00
417.00
696.00
8.41%66.91%Dividends Paid
$60.40
234.80
256.30
275.10
304.70
341.00
385.00
421.00
656.00
868.00
961.00
1138.00
1231.00
28.56%8.17%Net Cash (Financing)
$-784.70
-920.80
-546.00
-198.10
1014.70
-1309.00
-2480.00
-1236.00
7581.00
-2751.00
-2538.00
-2573.00
-3493.00
-35.76%Cash Taxes Paid
$205.00
316.30
320.30
291.80
355.00
341.00
545.00
503.00
321.00
282.00
440.00
963.00
402.00
5.77%-58.26%Effect of Exchange Rate
$-10.10
-0.60
-19.70
-36.90
-58.80
4.00
31.00
-51.00
18.00
42.00
-248.00
-463.00
111.00
123.97%Increase/Decrease in Cash
$77.50
102.10
29.90
-54.70
194.80
1.00
-18.00
38.00
2508.00
819.00
253.00
530.00
-399.00
-175.28%Cash (Beginning)
$338.00
415.50
517.60
547.50
492.80
682.00
683.00
665.00
703.00
3211.00
4030.00
4283.00
4813.00
24.77%12.37%Cash (Ending)
$415.50
517.60
547.50
492.80
687.60
683.00
665.00
703.00
3211.00
4030.00
4283.00
4813.00
4414.00
21.76%-8.29%NOPAT
$772.97
668.53
651.15
918.63
722.87
809.46
1951.41
793.71
215.85
-33.20
466.66
-15168.50
577.51
-2.40%103.81%Gross Margin %
30.42%
32.04%
32.70%
32.45%
33.39%
32.55%
32.25%
33.88%
36.03%
33.49%
37.44%
39.29%
37.43%
Operating Margin %
18.57%
18.58%
17.53%
19.81%
16.67%
14.05%
16.35%
17.31%
9.38%
4.40%
7.60%
-110.95%
14.94%
NOPAT Margin %
13.45%
11.51%
10.73%
14.32%
10.96%
8.76%
21.39%
9.42%
2.09%
-0.26%
3.36%
-104.41%
5.88%
Net Margin %
8.17%
7.94%
8.12%
10.59%
9.58%
6.15%
14.46%
10.04%
2.88%
1.26%
3.00%
-115.09%
-67.75%
Tax Rate %
27.54%
38.05%
38.82%
27.70%
34.24%
37.64%
-30.79%
45.56%
77.72%
106.02%
55.77%
5.90%
60.63%
ROA
5.58%
4.93%
4.66%
6.33%
2.75%
3.11%
7.96%
3.34%
0.26%
-0.04%
0.56%
-23.97%
1.05%
ROE
11.62%
9.84%
9.66%
13.73%
7.68%
8.22%
17.83%
7.76%
0.44%
-0.07%
0.99%
-55.71%
3.02%
ROIC
6.73%
6.00%
5.97%
8.11%
3.35%
4.03%
10.34%
4.39%
0.31%
-0.05%
0.71%
-34.63%
3.72%
Asset Turnover
0.41
0.43
0.43
0.44
0.25
0.35
0.37
0.35
0.12
0.15
0.17
0.23
0.18
Inventory Turnover
45.28
53.31
59.63
Equity Multiplier
2.08
1.99
2.07
2.17
2.79
2.64
2.24
2.33
1.69
1.70
1.75
2.32
2.89
Current Ratio
1.24
1.47
1.41
1.55
1.49
1.36
0.92
1.19
0.84
0.80
0.74
0.79
0.75
Quick Ratio
1.01
1.21
0.98
1.05
1.11
0.76
0.61
0.75
0.46
0.45
0.42
0.39
0.13
Debt/Equity Ratio
0.72
0.65
0.66
0.76
1.22
1.06
0.80
0.88
0.41
0.41
0.43
0.74
1.00
Interest Coverage Ratio
4.04
5.39
5.50
7.53
7.77
3.70
4.21
4.89
2.92
1.29
2.15
-38.65
2.11
Working Capital/Sales
0.11
0.13
0.10
0.11
0.16
0.07
0.06
0.09
0.01
-0.01
0.01
-0.02
-0.40
Dividend Payout Ratio %
7.81%
35.12%
39.36%
29.95%
42.15%
42.13%
19.73%
53.04%
303.91%
2614.22%
205.93%
7.50%
213.16%
Total Payout
$1122.80
1421.60
871.80
407.60
-852.00
1761.00
2771.00
1493.00
-7299.00
2448.00
2886.00
2534.00
3805.00
10.71%50.16%Payout Ratio %
145.26%
212.65%
133.89%
44.37%
-117.86%
217.55%
142.00%
188.10%
-3381.44%
7372.83%
618.44%
16.71%
658.87%