Loading...

Fidelity National Information Services

NYSE:FIS
Snowflake Description

Reasonable growth potential average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FIS
NYSE
$38B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Fidelity National Information Services, Inc. The last earnings update was 25 days ago. More info.


Add to Portfolio Compare Print
FIS Share Price and Events
7 Day Returns
0%
NYSE:FIS
-1.1%
US IT
-2.1%
US Market
1 Year Returns
14.8%
NYSE:FIS
19.5%
US IT
1.3%
US Market
FIS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fidelity National Information Services (FIS) 0% 6.4% 10.9% 14.8% 59.6% 119.3%
US IT -1.1% -0.1% 8.5% 19.5% 78.6% 101.7%
US Market -2.1% -4.2% 0% 1.3% 33.5% 38%
1 Year Return vs Industry and Market
  • FIS underperformed the IT industry which returned 19.5% over the past year.
  • FIS outperformed the Market in United States of America which returned 1.3% over the past year.
Price Volatility
FIS
Industry
5yr Volatility vs Market

FIS Value

 Is Fidelity National Information Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Fidelity National Information Services to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Fidelity National Information Services.

NYSE:FIS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 19 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:FIS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.054 (1 + (1- 21%) (25.14%))
1.176
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.176 * 5.96%)
9.74%

Discounted Cash Flow Calculation for NYSE:FIS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Fidelity National Information Services is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:FIS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.74%)
2019 1,895.56 Analyst x4 1,727.33
2020 2,158.93 Analyst x5 1,792.73
2021 2,360.70 Analyst x1 1,786.30
2022 2,527.68 Est @ 7.07% 1,742.91
2023 2,673.53 Est @ 5.77% 1,679.87
2024 2,803.41 Est @ 4.86% 1,605.15
2025 2,921.71 Est @ 4.22% 1,524.42
2026 3,031.94 Est @ 3.77% 1,441.53
2027 3,136.84 Est @ 3.46% 1,359.05
2028 3,238.50 Est @ 3.24% 1,278.57
Present value of next 10 years cash flows $15,937.86
NYSE:FIS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $3,238.50 × (1 + 2.73%) ÷ (9.74% – 2.73%)
$47,464.82
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $47,464.82 ÷ (1 + 9.74%)10
$18,739.29
NYSE:FIS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $15,937.86 + $18,739.29
$34,677.15
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $34,677.15 / 323.63
$107.15
NYSE:FIS Discount to Share Price
Calculation Result
Value per share (USD) From above. $107.15
Current discount Discount to share price of $118.74
= -1 x ($118.74 - $107.15) / $107.15
-10.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Fidelity National Information Services is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Fidelity National Information Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fidelity National Information Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:FIS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $2.49
NYSE:FIS Share Price ** NYSE (2019-05-24) in USD $118.74
United States of America IT Industry PE Ratio Median Figure of 77 Publicly-Listed IT Companies 32.14x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fidelity National Information Services.

NYSE:FIS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:FIS Share Price ÷ EPS (both in USD)

= 118.74 ÷ 2.49

47.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fidelity National Information Services is overvalued based on earnings compared to the US IT industry average.
  • Fidelity National Information Services is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Fidelity National Information Services's expected growth come at a high price?
Raw Data
NYSE:FIS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 47.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
23%per year
United States of America IT Industry PEG Ratio Median Figure of 65 Publicly-Listed IT Companies 2.27x
United States of America Market PEG Ratio Median Figure of 2,120 Publicly-Listed Companies 1.5x

*Line of best fit is calculated by linear regression .

NYSE:FIS PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 47.71x ÷ 23%

2.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fidelity National Information Services is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Fidelity National Information Services's assets?
Raw Data
NYSE:FIS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $30.64
NYSE:FIS Share Price * NYSE (2019-05-24) in USD $118.74
United States of America IT Industry PB Ratio Median Figure of 127 Publicly-Listed IT Companies 4.21x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
NYSE:FIS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:FIS Share Price ÷ Book Value per Share (both in USD)

= 118.74 ÷ 30.64

3.88x

* Primary Listing of Fidelity National Information Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fidelity National Information Services is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Fidelity National Information Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Fidelity National Information Services has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FIS Future Performance

 How is Fidelity National Information Services expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fidelity National Information Services expected to grow at an attractive rate?
  • Fidelity National Information Services's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Fidelity National Information Services's earnings growth is expected to exceed the United States of America market average.
  • Fidelity National Information Services's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:FIS Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:FIS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts 23%
NYSE:FIS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts 11.5%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.3%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 10%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:FIS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:FIS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 15,695 1
2022-12-31 14,555 1
2021-12-31 9,202 2,921 1,752 3
2020-12-31 8,820 2,558 1,396 18
2019-12-31 8,463 2,166 1,146 19
NYSE:FIS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 8,414 1,933 812
2018-12-31 8,423 1,993 846
2018-09-30 8,877 1,950 1,540
2018-06-30 8,889 2,036 1,444
2018-03-31 8,586 1,641 1,314
2017-12-31 8,668 1,741 1,261
2017-09-30 8,948 1,662 534
2017-06-30 9,161 1,633 661
2017-03-31 9,208 1,994 641
2016-12-31 8,831 1,925 524
2016-09-30 8,670 1,775 466
2016-06-30 7,940 1,508 458

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fidelity National Information Services's earnings are expected to grow significantly at over 20% yearly.
  • Fidelity National Information Services's revenue is expected to grow by 11.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:FIS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below

All data from Fidelity National Information Services Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:FIS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 5.97 6.85 4.29 3.00
2020-12-31 4.37 5.95 2.83 9.00
2019-12-31 3.65 4.61 3.23 9.00
NYSE:FIS Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 2.49
2018-12-31 2.58
2018-09-30 4.68
2018-06-30 4.38
2018-03-31 3.98
2017-12-31 3.82
2017-09-30 1.62
2017-06-30 2.02
2017-03-31 1.96
2016-12-31 1.61
2016-09-30 1.47
2016-06-30 1.49

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Fidelity National Information Services is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Fidelity National Information Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fidelity National Information Services has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FIS Past Performance

  How has Fidelity National Information Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fidelity National Information Services's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Fidelity National Information Services's year on year earnings growth rate has been positive over the past 5 years.
  • Fidelity National Information Services's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Fidelity National Information Services's 1-year earnings growth is negative, it can't be compared to the US IT industry average.
Earnings and Revenue History
Fidelity National Information Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fidelity National Information Services Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:FIS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 8,414.00 812.00 1,315.00
2018-12-31 8,423.00 846.00 1,301.00
2018-09-30 8,877.00 1,540.00 1,148.00
2018-06-30 8,889.00 1,444.00 1,203.00
2018-03-31 8,586.00 1,314.00 1,412.00
2017-12-31 8,668.00 1,261.00 1,442.00
2017-09-30 8,948.00 534.00 1,464.00
2017-06-30 9,161.00 661.00 1,365.00
2017-03-31 9,208.00 641.00 1,395.00
2016-12-31 8,831.00 524.00 1,707.00
2016-09-30 8,670.00 466.00 1,340.00
2016-06-30 7,940.00 458.00 1,133.00
2016-03-31 7,222.00 580.00 1,025.60
2015-12-31 6,596.00 639.00 886.00
2015-09-30 6,410.10 735.40 814.60
2015-06-30 6,436.40 710.10 883.70
2015-03-31 6,448.50 647.80 829.00
2014-12-31 6,413.00 690.00 794.00
2014-09-30 6,298.00 562.30 793.40
2014-06-30 6,192.70 585.90 773.50
2014-03-31 6,105.70 498.70 762.50
2013-12-31 6,063.40 490.00 767.60
2013-09-30 5,990.20 561.10 774.50
2013-06-30 5,927.10 533.60 767.50
2013-03-31 5,872.20 596.90 775.00
2012-12-31 5,795.80 538.30 763.30
2012-09-30 5,768.80 514.70 713.90
2012-06-30 5,730.10 510.30 693.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Fidelity National Information Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Fidelity National Information Services used its assets less efficiently than the US IT industry average last year based on Return on Assets.
  • Fidelity National Information Services has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Fidelity National Information Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Fidelity National Information Services has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FIS Health

 How is Fidelity National Information Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fidelity National Information Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fidelity National Information Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Fidelity National Information Services's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Fidelity National Information Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Fidelity National Information Services Company Filings, last reported 1 month ago.

NYSE:FIS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 9,903.00 9,660.00 576.00
2018-12-31 10,222.00 8,985.00 703.00
2018-09-30 10,166.00 9,038.00 632.00
2018-06-30 10,544.00 8,892.00 683.00
2018-03-31 10,611.00 9,076.00 725.00
2017-12-31 10,820.00 8,763.00 665.00
2017-09-30 10,089.00 9,109.00 720.00
2017-06-30 10,005.00 9,712.00 786.00
2017-03-31 9,990.00 9,505.00 705.00
2016-12-31 9,845.00 10,478.00 683.00
2016-09-30 9,756.00 10,789.00 701.00
2016-06-30 9,607.00 11,130.00 765.00
2016-03-31 9,489.00 11,304.00 702.00
2015-12-31 9,407.00 11,445.00 682.00
2015-09-30 6,604.20 4,970.40 441.50
2015-06-30 6,531.30 5,043.30 446.40
2015-03-31 6,482.40 5,196.40 489.00
2014-12-31 6,691.50 5,068.60 492.80
2014-09-30 6,591.50 4,975.40 611.80
2014-06-30 6,700.10 4,927.60 793.70
2014-03-31 6,702.40 4,782.90 737.70
2013-12-31 6,737.30 4,473.00 547.50
2013-09-30 6,803.70 4,826.10 811.60
2013-06-30 6,750.20 4,761.10 653.10
2013-03-31 6,798.50 4,611.80 590.60
2012-12-31 6,793.60 4,395.90 517.60
2012-09-30 6,776.70 4,543.80 576.60
2012-06-30 6,805.10 4,871.10 533.80
  • Fidelity National Information Services's level of debt (97.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (71.4% vs 97.5% today).
  • Debt is well covered by operating cash flow (20%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).
X
Financial health checks
We assess Fidelity National Information Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fidelity National Information Services has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FIS Dividends

 What is Fidelity National Information Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.18%
Current annual income from Fidelity National Information Services dividends. Estimated to be 1.21% next year.
If you bought $2,000 of Fidelity National Information Services shares you are expected to receive $24 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Fidelity National Information Services's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
  • Fidelity National Information Services's dividend is below the markets top 25% of dividend payers in United States of America (3.76%).
Upcoming dividend payment

Purchase Fidelity National Information Services before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:FIS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 35 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:FIS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 1.40 1.00
2021-12-31 1.53 6.00
2020-12-31 1.45 10.00
2019-12-31 1.36 10.00
NYSE:FIS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-23 1.400 1.203
2019-01-31 1.400 1.280
2018-10-25 1.280 1.233
2018-07-26 1.280 1.200
2018-04-24 1.280 1.222
2018-02-01 1.280 1.314
2017-10-26 1.160 1.218
2017-07-20 1.160 1.256
2017-04-27 1.160 1.359
2017-01-25 1.160 1.431
2016-10-26 1.040 1.355
2016-07-25 1.040 1.333
2016-04-29 1.040 1.411
2016-01-27 1.040 1.687
2015-10-28 1.040 1.656
2015-07-21 1.040 1.526
2015-04-29 1.040 1.641
2015-01-30 1.040 1.573
2014-10-29 0.960 1.568
2014-07-22 0.960 1.710
2014-04-30 0.960 1.760
2014-01-29 0.960 1.800
2013-10-22 0.880 1.732
2013-07-23 0.880 1.921
2013-04-23 0.880 2.011
2013-02-12 0.880 2.280
2012-11-02 0.800 2.228
2012-07-17 0.800 2.510
2012-04-25 0.800 2.422
2012-02-13 0.800 2.486
2011-10-18 0.200 0.766
2011-07-19 0.200 0.745
2011-04-26 0.200 0.637
2011-01-26 0.200 0.628
2010-10-20 0.200 0.713
2010-07-20 0.200 0.733
2010-04-20 0.200 0.735
2010-02-04 0.200 0.852
2009-10-20 0.200 0.855
2009-07-21 0.200 0.828

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Fidelity National Information Services's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (5.5x coverage).
X
Income/ dividend checks
We assess Fidelity National Information Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fidelity National Information Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fidelity National Information Services has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FIS Management

 What is the CEO of Fidelity National Information Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gary Norcross
COMPENSATION $18,442,389
AGE 52
TENURE AS CEO 4.3 years
CEO Bio

Mr. Gary Adam Norcross serves as the Executive Chairman, President and Chief Executive Officer of Fidelity National Information Services Inc., since May 30, 2018, March 2012 and January 1, 2015 respectively. Mr. Norcross is focused on the steering and execution of Fidelity Information Services’s global business strategy. He is President and Chief Executive Officer at Wrangler Merger Sub, Inc. He served as the President at Fidelity Information Services, LLC. since March 30, 2012. He served as Chief Operating Officer of Fidelity National Information Services, Inc., since October 2009 until January 1, 2015. He served as the President of Fidelity Integrated Financial Solutions Division at Fidelity National Information Services Inc. He served as Corporate Executive Vice President at Fidelity National Information Services Inc. since October 2009. As Fidelity Information Services, Inc.'s senior-most executive, he was responsible for the community banking, credit union and savings institution market segments. With a reputation of being intensely customer focused while maximizing the performance of his business units, Mr. Norcross has taken Fidelity IFS from fewer than 100 to more than 1600 clients since assuming the leadership role in 1996. Mr. Norcross served as President and Chief Operating Officer of Transaction Processing Services at Fidelity National Information Services Inc. since November 16, 2007 until September 2009. He served as Executive Vice President of Integrated Financial Solutions for Fidelity National Information Services Inc., (formerly Certegy Inc.) since February 2006 and held the position of Senior Vice President of Integrated Financial Solutions from June 1996 to February 2006. Mr. Norcross has 30 years of experience with FIS in executive and operations management, as well as risk, financial and human resources management. Mr. Norcross also has valuable financial services industry knowledge and experience with mergers and acquisitions. With a career start in the mortgage business, Mr. Norcross joined Systematics, Inc. in 1988 as a Systems Engineer. He moved into management roles in software development and client leadership and his rapid rise continued after Systematics' acquisition by ALLTEL Corporation in 1991. He served as President of the Integrated Financial Solutions division at ALLTEL. Since 1996, Mr. Norcross served as Senior Vice President and General Manager of Fidelity Information Services, Inc.'s community bank segment. Mr. Norcross has been a Director of FIS Mobile, Inc. since February 2008 and Fidelity Information Services, Inc. and Fidelity National Information Services, Inc since May 29, 2013. He also holds a variety of leadership and board of directors’ roles. He has been Director at The Guardian Life Insurance Company of America since May 25, 2017. He serves on the dean’s executive advisory board for the Sam M. Walton School of Business at the University of Arkansas and serves on the board of the YMCA of Florida’s First Coast and the Knowledge is Power Program’s (KIPP) Impact School in Jacksonville. Mr. Norcross holds a Bachelor’s degree in Business Administration from the University of Arkansas.

CEO Compensation
  • Gary's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Gary's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Fidelity National Information Services management team in years:

3.3
Average Tenure
53
Average Age
  • The tenure for the Fidelity National Information Services management team is about average.
Management Team

Gary Norcross

TITLE
Executive Chairman
COMPENSATION
$18M
AGE
52
TENURE
4.3 yrs

Woody Woodall

TITLE
Corporate EVP & CFO
COMPENSATION
$7M
AGE
48
TENURE
6.2 yrs

Marianne Brown

TITLE
Corporate Executive VP & Co-COO
COMPENSATION
$7M
AGE
59

Marc Mayo

TITLE
Corporate Executive VP & Chief Legal Officer
COMPENSATION
$3M
AGE
63
TENURE
3.4 yrs

Bruce Lowthers

TITLE
Corporate Executive VP & COO of Integrated Financial Solutions Segment
COMPENSATION
$4M
AGE
53
TENURE
1.3 yrs

Katy Thompson

TITLE
Chief Accounting Officer
AGE
53
TENURE
2.5 yrs

Peter Gunnlaugsson

TITLE
Senior Vice President of Corporate Finance & Investor Relations

Ido Gileadi

TITLE
Chief Information Officer
TENURE
5.3 yrs

Ellyn Raftery

TITLE
Chief Marketing
TENURE
3 yrs

Lenore Williams

TITLE
Corporate Executive VP & Chief People Officer
AGE
57
TENURE
3.1 yrs
Board of Directors Tenure

Average tenure and age of the Fidelity National Information Services board of directors in years:

5.2
Average Tenure
65.5
Average Age
  • The tenure for the Fidelity National Information Services board of directors is about average.
Board of Directors

Gary Norcross

TITLE
Executive Chairman
COMPENSATION
$18M
AGE
52
TENURE
6 yrs

David Hunt

TITLE
Director
COMPENSATION
$408K
AGE
72
TENURE
17.9 yrs

Keith Hughes

TITLE
Lead Independent Director
COMPENSATION
$494K
AGE
71
TENURE
1.3 yrs

Stephan James

TITLE
Director
COMPENSATION
$396K
AGE
71
TENURE
9.6 yrs

Ellen Alemany

TITLE
Director
COMPENSATION
$376K
AGE
62
TENURE
4.9 yrs

Jim Stallings

TITLE
Director
COMPENSATION
$372K
AGE
63
TENURE
6.1 yrs

Les Muma

TITLE
Director
COMPENSATION
$356K
AGE
73
TENURE
5.4 yrs

Louise Parent

TITLE
Director
COMPENSATION
$358K
AGE
68
TENURE
1.6 yrs

Alex Navab

TITLE
Director
COMPENSATION
$203K
AGE
53
TENURE
0.9 yrs

Brian Shea

TITLE
Director
COMPENSATION
$210K
AGE
57
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Fidelity National Information Services insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
21. Mar 19 Buy Alexander Navab Individual 21. Mar 19 21. Mar 19 5,075 $107.22 $544,142
15. Feb 19 Buy Brian Shea Individual 12. Oct 18 03. Jan 19 310 $101.43 $31,422
21. Sep 18 Sell James Stallings Individual 20. Sep 18 20. Sep 18 -1,839 $108.92 $-200,304
21. Jun 18 Sell James Stallings Individual 20. Jun 18 20. Jun 18 -1,500 $107.23 $-160,848
X
Management checks
We assess Fidelity National Information Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fidelity National Information Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FIS News

Simply Wall St News

Should You Be Tempted To Sell Fidelity National Information Services, Inc. (NYSE:FIS) Because Of Its P/E Ratio?

We'll look at Fidelity National Information Services, Inc.'s (NYSE:FIS) P/E ratio and reflect on what it tells us about the company's share price. … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Fidelity National Information Services: P/E of 48.38 = $120.41 ÷ $2.49 (Based on the year to March 2019.) Is A High P/E Ratio Good? … Fidelity National Information Services saw earnings per share decrease by 37% last year.

Simply Wall St -

Why Fidelity National Information Services, Inc. (NYSE:FIS) Is A Top Dividend Stock

As Fidelity National Information Services has a meaningful amount of debt, we need to check its balance sheet to see if the company might have debt risks. … Dividend Growth Potential While dividend payments have been relatively reliable, it would also be nice if earnings per share (EPS) were growing, as this is essential to maintaining the dividend's purchasing power over the long term. Earnings have grown at around 8.0% a year for the past five years, which is better than seeing them shrink! Earnings per share are growing at an acceptable rate, although the company is paying out more than half of its profits, which we think could constrain its ability to reinvest in its business. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing. … See if the 18 Fidelity National Information Services analysts we track are forecasting continued growth with our free report on analyst estimates for the company.

Simply Wall St -

Why Fidelity National Information Services, Inc.’s (NYSE:FIS) Return On Capital Employed Looks Uninspiring

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Will Fidelity National Information Services, Inc.'s (NYSE:FIS) Earnings Grow In The Year Ahead?

In December 2018, Fidelity National Information Services, Inc. … the consensus outlook from analysts appear fairly confident, … the past 5-year average growth rate of 19%

Simply Wall St -

What Are Analysts Saying About Fidelity National Information Services, Inc.'s (NYSE:FIS) Earnings Outlook?

The latest earnings release Fidelity National Information Services, Inc.'s (NYSE:FIS) announced in December 2018a

Simply Wall St -

Need To Know: Fidelity National Information Services, Inc. (NYSE:FIS) Insiders Have Been Selling Shares

So before you buy or sell Fidelity National Information Services, Inc. … The Last 12 Months Of Insider Transactions At Fidelity National Information Services. … All up, insiders sold more shares in Fidelity National Information Services than they bought, over the last year

Simply Wall St -

Should Fidelity National Information Services (NYSE:FIS) Be Disappointed With Their 98% Profit?

By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Over half a decade, Fidelity National Information Services managed to grow its earnings per share at 8.8% a year. … This free interactive report on Fidelity National Information Services's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further.

Simply Wall St -

Fidelity National Information Services, Inc. (NYSE:FIS) Delivered A Weaker ROE Than Its Industry

By way of learning-by-doing, we'll look at ROE to gain a better understanding of Fidelity National Information Services, Inc. … Fidelity National Information Services has a ROE of 8.6%, based on the last twelve months. … View our latest analysis for Fidelity National Information Services?

Simply Wall St -

Should You Worry About Fidelity National Information Services, Inc.'s (NYSE:FIS) CEO Salary Level?

Gary Norcross has been the CEO of Fidelity National Information Services, Inc. … This method should give us information to assess how appropriately the company pays the CEO. … See our latest analysis for Fidelity National Information Services

Simply Wall St -

What Does Fidelity National Information Services, Inc.'s (NYSE:FIS) Share Price Indicate?

Let's talk about the popular Fidelity National Information Services, Inc. … A question to answer is whether Fidelity National Information Services's current trading price of $103.59 reflective of the actual value of the? … Let’s take a look at Fidelity National Information Services’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

FIS Company Info

Description

Fidelity National Information Services, Inc. operates as a financial services technology company in the United States and internationally. It operates through Integrated Financial Solutions and Global Financial Solutions segments. The Integrated Financial Solutions segment offers core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity and wealth management services; item processing and output services; government payments solutions; and e-payment solutions. The Global Financial Solutions segment securities processing and finance, global trading, asset management and insurance, and retail banking and payment services. The company was founded in 1968 and is headquartered in Jacksonville, Florida.

Details
Name: Fidelity National Information Services, Inc.
FIS
Exchange: NYSE
Founded: 1968
$38,427,876,545
323,630,424
Website: http://www.fisglobal.com
Address: Fidelity National Information Services, Inc.
601 Riverside Avenue,
Jacksonville,
Florida, 32204,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE FIS Common Stock New York Stock Exchange US USD 02. Feb 2006
DB ZGY Common Stock Deutsche Boerse AG DE EUR 02. Feb 2006
LSE 0ILW Common Stock London Stock Exchange GB USD 02. Feb 2006
BMV FIS * Common Stock Bolsa Mexicana de Valores MX MXN 02. Feb 2006
Number of employees
Current staff
Staff numbers
47,000
Fidelity National Information Services employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 00:02
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/22
Last earnings filing: 2019/04/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.