Fidelity National Information Services (WBO:FNIS) 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 33.63% for the quarter that ended in Mar. 2026 => 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
Fidelity National Information Services Gross Margin % Historical Data
* 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 Gross Margin % Chart
Fidelity National Information Services Annual Data
WBO:FNIS vs CTSH, BR, LDOS: Gross Margin % Comparison
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 Gross Margin % vs Software Industry
* 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 (WBO:FNIS) has a Gross Margin % of 33.63% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fidelity National Information Services and its competitors. This is near median its historical median of 35.74. Over the past decade, Fidelity National Information Services' Gross Margin % has ranged from 33.16 to 37.56. According to the industry distribution chart, Fidelity National Information Services ranks #1471 out of 2681 companies in the Software industry, placing it in the top 54.9%.
Is Fidelity National Information Services' Gross Margin % too high?
Fidelity National Information Services' current Gross Margin % of 33.63% is near median its 10-year median of 35.74. Over the past 10 years, this metric has ranged from a low of 33.16 to a high of 37.56. The Software industry median Gross Margin % is 40.45. Fidelity National Information Services' value of 33.63% is 16.9% below this industry median. Based on the distribution chart, Fidelity National Information Services ranks #1471 out of 2681 companies in the Software industry, which is below the industry midpoint. Overall, Fidelity National Information Services has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fidelity National Information Services' Gross Margin % compare to CTSH and BR?
According to the Software industry distribution chart, Fidelity National Information Services ranks #1471 out of 2681 companies for Gross Margin %. This places Fidelity National Information Services in the lower half of its industry. The industry median Gross Margin % is 40.45. Fidelity National Information Services' value of 33.63% is 16.9% below this benchmark. Historically, Fidelity National Information Services' own Gross Margin % has ranged from 33.16 to 37.56 over the past decade. While the company's 10-year median is 35.74 vs. the industry median of 40.45, Fidelity National Information Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,681 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fidelity National Information Services's current Gross Margin % of 33.63% is 16.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Fidelity National Information Services and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity National Information Services's current Gross Margin % is 33.63%, which is near median its own 10-year median of 35.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity National Information Services stock overvalued right now?
Based on GuruFocus' analysis, Fidelity National Information Services (WBO:FNIS) is currently considered Possible Value Trap. The stock's GF Value™ is €77.26, compared to a current price of €33.66 — trading 56.4% below its estimated fair value. The current Gross Margin % is 33.63%, which is near median its 10-year median of 35.74 and 16.9% below the Software industry median of 40.45. Fidelity National Information Services' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Fidelity National Information Services (WBO:FNIS), the current Gross Margin % is 33.63% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fidelity National Information Services (WBO:FNIS) Overvalued in 2026?
Based on GuruFocus' analysis, Fidelity National Information Services stock appears to be undervalued.
The current stock price of €33.66 is trading 56.4% below its estimated GF Value™ of €77.26.
GuruFocus considers Fidelity National Information Services to be Possible Value Trap.
Key valuation signals for WBO:FNIS:
Gross Margin %: 33.63% (near median its 10-year median of 35.74)
GF Value™: €77.26 vs. price of €33.66 (56.4% below fair value)
Industry Position: 16.9% below the Software median (#1471 of 2681)
No single metric tells the full story. See the WBO:FNIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fidelity National Information Services Business Description
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. In a recent deal with Global Payments, FIS sold off its remaining interest in Worldpay and acquired Global Payment's issuer processing business.
62GF Score
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