Stock Analysis on Net
Stock Analysis on Net

Fidelity National Information Services Inc. (NYSE:FIS)

This company has been moved to the archive! The financial data has not been updated since May 2, 2023.

Adjusted Financial Ratios

Microsoft Excel

Adjusted Financial Ratios (Summary)

Fidelity National Information Services Inc., adjusted financial ratios

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Activity Ratio
Total Asset Turnover
Reported 0.23 0.17 0.15 0.12 0.35
Adjusted 0.23 0.17 0.15 0.12 0.35
Liquidity Ratio
Current Ratio
Reported 0.79 0.74 0.80 0.84 1.19
Adjusted 0.84 0.79 0.87 0.92 1.57
Solvency Ratios
Debt to Equity
Reported 0.74 0.43 0.41 0.41 0.88
Adjusted 0.64 0.40 0.38 0.38 0.76
Debt to Capital
Reported 0.43 0.30 0.29 0.29 0.47
Adjusted 0.39 0.28 0.27 0.28 0.43
Financial Leverage
Reported 2.32 1.75 1.70 1.70 2.33
Adjusted 1.98 1.57 1.54 1.53 1.95
Profitability Ratios
Net Profit Margin
Reported -115.09% 3.00% 1.26% 2.88% 10.04%
Adjusted -122.85% 3.87% 1.08% 6.65% 6.10%
Return on Equity (ROE)
Reported -61.43% 0.88% 0.32% 0.60% 8.28%
Adjusted -55.86% 1.02% 0.25% 1.26% 4.11%
Return on Assets (ROA)
Reported -26.42% 0.50% 0.19% 0.36% 3.56%
Adjusted -28.19% 0.65% 0.16% 0.82% 2.10%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Financial ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. Fidelity National Information Services Inc. adjusted total asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. Fidelity National Information Services Inc. adjusted current ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 not reaching 2020 level.
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. Fidelity National Information Services Inc. adjusted debt-to-equity ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. Fidelity National Information Services Inc. adjusted debt-to-capital ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 Fidelity National Information Services Inc. adjusted financial leverage ratio increased from 2020 to 2021 and from 2021 to 2022.
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. Fidelity National Information Services Inc. adjusted net profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. Fidelity National Information Services Inc. adjusted ROE improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. Fidelity National Information Services Inc. adjusted ROA improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Fidelity National Information Services Inc., Financial Ratios: Reported vs. Adjusted

Adjusted Total Asset Turnover

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Reported
Selected Financial Data (US$ in millions)
Revenue 14,528 13,877 12,552 10,333 8,423
Total assets 63,278 82,931 83,842 83,806 23,770
Activity Ratio
Total asset turnover1 0.23 0.17 0.15 0.12 0.35
Adjusted
Selected Financial Data (US$ in millions)
Adjusted revenue2 14,527 13,891 12,623 10,396 8,347
Adjusted total assets3 63,320 82,958 83,884 83,828 24,189
Activity Ratio
Adjusted total asset turnover4 0.23 0.17 0.15 0.12 0.35

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Total asset turnover = Revenue ÷ Total assets
= 14,528 ÷ 63,278 = 0.23

2 Adjusted revenue. See details »

3 Adjusted total assets. See details »

4 2022 Calculation
Adjusted total asset turnover = Adjusted revenue ÷ Adjusted total assets
= 14,527 ÷ 63,320 = 0.23

Activity ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. Fidelity National Information Services Inc. adjusted total asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022.

Adjusted Current Ratio

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Reported
Selected Financial Data (US$ in millions)
Current assets 12,818 10,708 9,898 8,692 3,733
Current liabilities 16,224 14,466 12,361 10,382 3,125
Liquidity Ratio
Current ratio1 0.79 0.74 0.80 0.84 1.19
Adjusted
Selected Financial Data (US$ in millions)
Adjusted current assets2 12,893 10,784 9,980 8,752 3,750
Adjusted current liabilities3 15,436 13,687 11,480 9,565 2,386
Liquidity Ratio
Adjusted current ratio4 0.84 0.79 0.87 0.92 1.57

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Current ratio = Current assets ÷ Current liabilities
= 12,818 ÷ 16,224 = 0.79

2 Adjusted current assets. See details »

3 Adjusted current liabilities. See details »

4 2022 Calculation
Adjusted current ratio = Adjusted current assets ÷ Adjusted current liabilities
= 12,893 ÷ 15,436 = 0.84

Liquidity ratio Description The company
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. Fidelity National Information Services Inc. adjusted current ratio deteriorated from 2020 to 2021 but then improved from 2021 to 2022 not reaching 2020 level.

Adjusted Debt to Equity

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Reported
Selected Financial Data (US$ in millions)
Total debt 20,137 20,353 20,015 20,192 8,985
Total FIS stockholders’ equity 27,218 47,347 49,300 49,440 10,215
Solvency Ratio
Debt to equity1 0.74 0.43 0.41 0.41 0.88
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 20,551 20,877 20,620 20,787 9,419
Adjusted total equity3 31,951 52,706 54,486 54,628 12,373
Solvency Ratio
Adjusted debt to equity4 0.64 0.40 0.38 0.38 0.76

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Debt to equity = Total debt ÷ Total FIS stockholders’ equity
= 20,137 ÷ 27,218 = 0.74

2 Adjusted total debt. See details »

3 Adjusted total equity. See details »

4 2022 Calculation
Adjusted debt to equity = Adjusted total debt ÷ Adjusted total equity
= 20,551 ÷ 31,951 = 0.64

Solvency ratio Description The company
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. Fidelity National Information Services Inc. adjusted debt-to-equity ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Adjusted Debt to Capital

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Reported
Selected Financial Data (US$ in millions)
Total debt 20,137 20,353 20,015 20,192 8,985
Total capital 47,355 67,700 69,315 69,632 19,200
Solvency Ratio
Debt to capital1 0.43 0.30 0.29 0.29 0.47
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 20,551 20,877 20,620 20,787 9,419
Adjusted total capital3 52,502 73,583 75,106 75,415 21,792
Solvency Ratio
Adjusted debt to capital4 0.39 0.28 0.27 0.28 0.43

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Debt to capital = Total debt ÷ Total capital
= 20,137 ÷ 47,355 = 0.43

2 Adjusted total debt. See details »

3 Adjusted total capital. See details »

4 2022 Calculation
Adjusted debt to capital = Adjusted total debt ÷ Adjusted total capital
= 20,551 ÷ 52,502 = 0.39

Solvency ratio Description The company
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. Fidelity National Information Services Inc. adjusted debt-to-capital ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Adjusted Financial Leverage

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Reported
Selected Financial Data (US$ in millions)
Total assets 63,278 82,931 83,842 83,806 23,770
Total FIS stockholders’ equity 27,218 47,347 49,300 49,440 10,215
Solvency Ratio
Financial leverage1 2.32 1.75 1.70 1.70 2.33
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total assets2 63,320 82,958 83,884 83,828 24,189
Adjusted total equity3 31,951 52,706 54,486 54,628 12,373
Solvency Ratio
Adjusted financial leverage4 1.98 1.57 1.54 1.53 1.95

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Financial leverage = Total assets ÷ Total FIS stockholders’ equity
= 63,278 ÷ 27,218 = 2.32

2 Adjusted total assets. See details »

3 Adjusted total equity. See details »

4 2022 Calculation
Adjusted financial leverage = Adjusted total assets ÷ Adjusted total equity
= 63,320 ÷ 31,951 = 1.98

Solvency ratio Description The company
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 Fidelity National Information Services Inc. adjusted financial leverage ratio increased from 2020 to 2021 and from 2021 to 2022.

Adjusted Net Profit Margin

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Reported
Selected Financial Data (US$ in millions)
Net earnings (loss) attributable to FIS common stockholders (16,720) 417 158 298 846
Revenue 14,528 13,877 12,552 10,333 8,423
Profitability Ratio
Net profit margin1 -115.09% 3.00% 1.26% 2.88% 10.04%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net earnings (loss)2 (17,847) 538 136 691 509
Adjusted revenue3 14,527 13,891 12,623 10,396 8,347
Profitability Ratio
Adjusted net profit margin4 -122.85% 3.87% 1.08% 6.65% 6.10%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Net profit margin = 100 × Net earnings (loss) attributable to FIS common stockholders ÷ Revenue
= 100 × -16,720 ÷ 14,528 = -115.09%

2 Adjusted net earnings (loss). See details »

3 Adjusted revenue. See details »

4 2022 Calculation
Adjusted net profit margin = 100 × Adjusted net earnings (loss) ÷ Adjusted revenue
= 100 × -17,847 ÷ 14,527 = -122.85%

Profitability ratio Description The company
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. Fidelity National Information Services Inc. adjusted net profit margin ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Adjusted Return on Equity (ROE)

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Reported
Selected Financial Data (US$ in millions)
Net earnings (loss) attributable to FIS common stockholders (16,720) 417 158 298 846
Total FIS stockholders’ equity 27,218 47,347 49,300 49,440 10,215
Profitability Ratio
ROE1 -61.43% 0.88% 0.32% 0.60% 8.28%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net earnings (loss)2 (17,847) 538 136 691 509
Adjusted total equity3 31,951 52,706 54,486 54,628 12,373
Profitability Ratio
Adjusted ROE4 -55.86% 1.02% 0.25% 1.26% 4.11%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
ROE = 100 × Net earnings (loss) attributable to FIS common stockholders ÷ Total FIS stockholders’ equity
= 100 × -16,720 ÷ 27,218 = -61.43%

2 Adjusted net earnings (loss). See details »

3 Adjusted total equity. See details »

4 2022 Calculation
Adjusted ROE = 100 × Adjusted net earnings (loss) ÷ Adjusted total equity
= 100 × -17,847 ÷ 31,951 = -55.86%

Profitability ratio Description The company
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. Fidelity National Information Services Inc. adjusted ROE improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.

Adjusted Return on Assets (ROA)

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Reported
Selected Financial Data (US$ in millions)
Net earnings (loss) attributable to FIS common stockholders (16,720) 417 158 298 846
Total assets 63,278 82,931 83,842 83,806 23,770
Profitability Ratio
ROA1 -26.42% 0.50% 0.19% 0.36% 3.56%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net earnings (loss)2 (17,847) 538 136 691 509
Adjusted total assets3 63,320 82,958 83,884 83,828 24,189
Profitability Ratio
Adjusted ROA4 -28.19% 0.65% 0.16% 0.82% 2.10%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
ROA = 100 × Net earnings (loss) attributable to FIS common stockholders ÷ Total assets
= 100 × -16,720 ÷ 63,278 = -26.42%

2 Adjusted net earnings (loss). See details »

3 Adjusted total assets. See details »

4 2022 Calculation
Adjusted ROA = 100 × Adjusted net earnings (loss) ÷ Adjusted total assets
= 100 × -17,847 ÷ 63,320 = -28.19%

Profitability ratio Description The company
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. Fidelity National Information Services Inc. adjusted ROA improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022.