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Fidelity National Information Services (Fidelity National Information Services) ROE %

: 5.21% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fidelity National Information Services's annualized net income for the quarter that ended in Dec. 2023 was $1,004 Mil. Fidelity National Information Services's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $19,285 Mil. Therefore, Fidelity National Information Services's annualized ROE % for the quarter that ended in Dec. 2023 was 5.21%.

The historical rank and industry rank for Fidelity National Information Services's ROE % or its related term are showing as below:

FIS' s ROE % Range Over the Past 10 Years
Min: -44.85   Med: 3.26   Max: 12.33
Current: -29.4

During the past 13 years, Fidelity National Information Services's highest ROE % was 12.33%. The lowest was -44.85%. And the median was 3.26%.

FIS's ROE % is ranked worse than
79.9% of 2642 companies
in the Software industry
Industry Median: 3.145 vs FIS: -29.40

Fidelity National Information Services ROE % Historical Data

The historical data trend for Fidelity National Information Services's ROE % 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.32 0.86 -44.85 -28.74

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
ROE % 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 Premium Member Only Premium Member Only Premium Member Only -191.50 2.06 -111.41 -9.04 5.21

Competitive Comparison

For the Information Technology Services subindustry, Fidelity National Information Services's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution

For the Software industry and Technology sector, Fidelity National Information Services's ROE % distribution charts can be found below:

* The bar in red indicates where Fidelity National Information Services's ROE % falls into.



Fidelity National Information Services ROE % Calculation

Fidelity National Information Services's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-6654/( (27218+19093)/ 2 )
=-6654/23155.5
=-28.74 %

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

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=1004/( (19477+19093)/ 2 )
=1004/19285
=5.21 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Fidelity National Information Services  (NYSE:FIS) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1004/19285
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1004 / 10040)*(10040 / 54139.5)*(54139.5 / 19285)
=Net Margin %*Asset Turnover*Equity Multiplier
=10 %*0.1854*2.8073
=ROA %*Equity Multiplier
=1.85 %*2.8073
=5.21 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1004/19285
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1004 / 328) * (328 / 1744) * (1744 / 10040) * (10040 / 54139.5) * (54139.5 / 19285)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 3.061 * 0.1881 * 17.37 % * 0.1854 * 2.8073
=5.21 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Fidelity National Information Services ROE % Related Terms

Thank you for viewing the detailed overview of Fidelity National Information Services's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fidelity National Information Services (Fidelity National Information Services) 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.
Executives
Ellen R Alemany director ONE ADP BOULEVARD, ROSELAND NJ 07068
Jeffrey A Goldstein director HELLMAN & FRIEDMAN LLC, 375 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10152
James Kehoe officer: Chief Financial Officer KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Erik D Hoag officer: CEVP Chief Financial Officer 347 RIVERSIDE AVE, JACKSONVILLE FL 32202
Stephanie Ferris officer: COO C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Brian T Shea director ONE PERSHING PLAZA, 95 CHRISTOPHER COLUMBUS DRIVE, JERSEY CITY NJ 07399
Stallings James B Jr director 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Vijay D'silva director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Louise M Parent director 200 VESEY STREET, NEW YORK NY 10285
Kenneth T Lamneck director INSIGHT ENTERPRISES, INC., 6820 SOUTH HARL AVENUE, TEMPE AZ 85283
Mark D Benjamin director NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Gary Norcross officer: Corporate EVP and COO 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
James W. Woodall officer: SVP, CAO and Controller 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Keith W Hughes director 2801 TURTLE CREEK BOULEVARD, #6W, DALLAS TX 75219