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FI (Fiserv) EBIT : $5,744 Mil (TTM As of Dec. 2024)


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What is Fiserv EBIT?

Fiserv's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was $1,518 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was $5,744 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fiserv's annualized ROC % for the quarter that ended in Dec. 2024 was 7.49%. Fiserv's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 148.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fiserv's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.64%.


Fiserv EBIT Historical Data

The historical data trend for Fiserv'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.

Fiserv EBIT Chart

Fiserv Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,887.00 2,362.00 3,659.00 4,902.00 5,744.00

Fiserv Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,392.00 1,184.00 1,432.00 1,610.00 1,518.00

Competitive Comparison of Fiserv's EBIT

For the Information Technology Services subindustry, Fiserv'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.


Fiserv's EV-to-EBIT Distribution in the Software Industry

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

* The bar in red indicates where Fiserv's EV-to-EBIT falls into.



Fiserv 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,744 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.


Fiserv  (NYSE:FI) EBIT Explanation

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

Fiserv's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=6672 * ( 1 - 16.3% )/( (76505 + 72633)/ 2 )
=5584.464/74569
=7.49 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Fiserv's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6072/( ( (2377 + max(2139, 0)) + (2374 + max(1310, 0)) )/ 2 )
=6072/( ( 4516 + 3684 )/ 2 )
=6072/4100
=148.10 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3714 + 0 + 20681) - (2670 + 1754 + 17832)
=2139

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3725 + 0 + 18516) - (3307 + 1804 + 15820)
=1310

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Fiserv's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=5744/157806.898
=3.64 %

* 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.


Fiserv EBIT Related Terms

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Fiserv Business Description

Address
255 Fiserv Drive, Brookfield, WI, USA, 53045
Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for us banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.
Executives
Kenneth Best officer: Chief Accounting Officer 255 FISERV DRIVE, BROOKFIELD WI 53045
Heidi Miller director FIRST DATA CORPORATION, 225 LIBERTY STREET, 29TH FLOOR, NEW YORK NY 10281
Doyle Simons director 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Frank Bisignano director, officer: President and COO 225 LIBERTY STREET, 29TH FLOOR, NEW YORK NY 10281
Guy Chiarello officer: Chief Administrative Officer 225 LIBERTY STREET, 29TH FLOOR, NEW YORK NY 10281
Suzan Kereere officer: EVP, Head of GBS 255 FISERV DRIVE, BROOKFIELD WI 53045
Robert W. Hau officer: Chief Financial Officer 255 FISERV DRIVE, BROOKFIELD WI 53045
Christopher M Foskett officer: EVP, Global Sales C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Charlotte Yarkoni director 255 FISERV DRIVE, BROOKFIELD WI 53045
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Harry Disimone director 18 HICKORY DRIVE, OLD BROOKVILLE NY 11545
Valueact Capital Management, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Ii, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Gp, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129