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Fidelity National Information Services (WBO:FNIS) EBIT : €1,464 Mil (TTM As of Dec. 2023)


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What is Fidelity National Information Services EBIT?

Fidelity National Information Services's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was €213 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was €1,464 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fidelity National Information Services's annualized ROC % for the quarter that ended in Dec. 2023 was 2.40%. Fidelity National Information Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 54.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fidelity National Information Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.66%.


Fidelity National Information Services EBIT Historical Data

The historical data trend for Fidelity National Information Services's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fidelity National Information Services EBIT Chart

Fidelity National Information Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 721.80 497.31 825.71 1,169.62 1,261.79

Fidelity National Information Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 296.42 314.76 484.58 451.63 212.74

Competitive Comparison of Fidelity National Information Services's EBIT

For the Information Technology Services subindustry, Fidelity National Information Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fidelity National Information Services's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Fidelity National Information Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fidelity National Information Services's EV-to-EBIT falls into.



Fidelity National Information Services EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,464 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fidelity National Information Services  (WBO:FNIS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Fidelity National Information Services's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1599.248 * ( 1 - 21.95% )/( (51533.126 + 52476.242)/ 2 )
=1248.213064/52004.684
=2.40 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=49824.038 - 1971.448 - ( 436.642 - max(0, 15067.897 - 11387.361+436.642))
=51533.126

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=50531.285 - 2209.053 - ( 403.48 - max(0, 16797.606 - 12643.596+403.48))
=52476.242

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Fidelity National Information Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=850.976/( ( (639.034 + max(934.189, 0)) + (833.553 + max(717.094, 0)) )/ 2 )
=850.976/( ( 1573.223 + 1550.647 )/ 2 )
=850.976/1561.935
=54.48 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1610.703 + 0 + 8849.028) - (1971.448 + 692.443 + 6861.651)
=934.189

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1586.41 + 0 + 10249.309) - (2209.053 + 762.944 + 8146.628)
=717.094

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Fidelity National Information Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1463.711/55019.779
=2.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fidelity National Information Services EBIT Related Terms

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Fidelity National Information Services (WBO:FNIS) Business Description

Traded in Other Exchanges
Address
347 Riverside Avenue, Jacksonville, FL, USA, 32202
Fidelity National Information Services' legacy operations provide core processing and ancillary services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.

Fidelity National Information Services (WBO:FNIS) Headlines

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