FISFidelity National Information Services

$40.63

Is it safe?

Can FIS take a bad year?

Fidelity National Information Services carries $20.3B of net debt at 5.24× EBITDA: a heavy load to carry through a bad year.

$20.3B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
5.24×

Net debt / EBITDA · 3.24× a year ago · the load is going up

Interest cover
3.57×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
30%

Annualised volatility · about as steady as the market itself

Details
Total debtQ1 2026
$21.1B
Cash and short-term investments
$755M
Net debt
$20.3B
EBITDA, trailing twelve months
$3.87B
Operating profit, trailing twelve months
$1.82B
Debt / equity
1.32×
Total debt / EBITDA
5.44×
Annualised volatilitytwo years of daily moves
30%
Worst drawdown on file
−72%
Below its 52-week high
−42%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.