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Fidelity National Information Services (LTS:0ILW) Gross Margin % : 38.02% (As of Sep. 2024)


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What is Fidelity National Information Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fidelity National Information Services's Gross Profit for the three months ended in Sep. 2024 was $977 Mil. Fidelity National Information Services's Revenue for the three months ended in Sep. 2024 was $2,570 Mil. Therefore, Fidelity National Information Services's Gross Margin % for the quarter that ended in Sep. 2024 was 38.02%.


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

LTS:0ILW' s Gross Margin % Range Over the Past 10 Years
Min: 32.53   Med: 33.69   Max: 38.22
Current: 38.22


During the past 13 years, the highest Gross Margin % of Fidelity National Information Services was 38.22%. The lowest was 32.53%. And the median was 33.69%.

LTS:0ILW's Gross Margin % is ranked worse than
53.71% of 2618 companies
in the Software industry
Industry Median: 41.435 vs LTS:0ILW: 38.22

Fidelity National Information Services had a gross margin of 38.02% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Fidelity National Information Services was 1.60% per year.


Fidelity National Information Services Gross Margin % Historical Data

The historical data trend for Fidelity National Information Services's Gross Margin % 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 Gross Margin % Chart

Fidelity National Information Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.03 33.49 35.86 36.04 37.43

Fidelity National Information Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % 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 38.56 39.55 37.09 38.21 38.02

Competitive Comparison of Fidelity National Information Services's Gross Margin %

For the Information Technology Services subindustry, Fidelity National Information Services's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Software Industry

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

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



Fidelity National Information Services Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Fidelity National Information Services's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3676 / 9821
=(Revenue - Cost of Goods Sold) / Revenue
=(9821 - 6145) / 9821
=37.43 %

Fidelity National Information Services's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=977 / 2570
=(Revenue - Cost of Goods Sold) / Revenue
=(2570 - 1593) / 2570
=38.02 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Fidelity National Information Services  (LTS:0ILW) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Fidelity National Information Services had a gross margin of 38.02% for the quarter that ended in Sep. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Fidelity National Information Services Gross Margin % Related Terms

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Fidelity National Information Services Business Description

Address
347 Riverside Avenue, Jacksonville, FL, USA, 32202
Fidelity National Information Services provides 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 was providing payment processing services for merchants and holding leading positions in the United States and United Kingdom. But the company sold off a majority interest in Worldpay and now has only a minority stake.

Fidelity National Information Services Headlines

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