Is the business good?
How good a business is FIS?
Fidelity National Information Services earns 4.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
4.0%
Return on invested capital · cost of capital 9.0% · 5.0 points below what the capital costs: growth destroys value
- Operating margin
- 16%
Operating margin · Information Technology Services median 7.9% · 12 months to Q1 2026
- Cash conversion
- 1.01×
Cash conversion · 2.37× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −2.6%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 4.4% |
| FY2021 | 11% |
| FY2022 | 12% |
| FY2023 | 15% |
| FY2024 | 17% |
| FY2025 | 16% |
Details›
- Gross margin12 months to Q1 2026
- 36%
- Operating margin12 months to Q1 2026
- 16%
- Net margin12 months to Q1 2026
- 23%
- Free cash flow margin
- 24%
- Revenue, trailing twelve months
- $11.4B
- Free cash flow, trailing twelve months
- $2.70B
- Net income, trailing twelve months
- $2.67B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Information Technology Services
Ranks #9 of 37 by Smart Score