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.

DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
Quarterly Data

Microsoft Excel

Decomposing ROE involves expressing net income divided by shareholders’ equity as the product of component ratios.

Two-Component Disaggregation of ROE

Fidelity National Information Services Inc., decomposition of ROE (quarterly data)

Microsoft Excel
ROE = ROA × Financial Leverage
Mar 31, 2023 -61.63% = -27.34% × 2.25
Dec 31, 2022 -61.43% = -26.42% × 2.32
Sep 30, 2022 2.07% = 1.20% × 1.73
Jun 30, 2022 1.82% = 1.06% × 1.71
Mar 31, 2022 1.94% = 1.12% × 1.73
Dec 31, 2021 0.88% = 0.50% × 1.75
Sep 30, 2021 0.49% = 0.28% × 1.73
Jun 30, 2021 0.19% = 0.11% × 1.70
Mar 31, 2021 -0.47% = -0.28% × 1.70
Dec 31, 2020 0.32% = 0.19% × 1.70
Sep 30, 2020 -0.21% = -0.13% × 1.70
Jun 30, 2020 0.06% = 0.04% × 1.69
Mar 31, 2020 0.34% = 0.20% × 1.68
Dec 31, 2019 0.60% = 0.36% × 1.70
Sep 30, 2019 1.53% = 0.90% × 1.70
Jun 30, 2019 7.55% = 2.29% × 3.29
Mar 31, 2019 8.21% = 3.37% × 2.43
Dec 31, 2018 8.28% = 3.56% × 2.33
Sep 30, 2018 — = — × 2.35
Jun 30, 2018 — = — × 2.29
Mar 31, 2018 — = — × 2.33

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Three-Component Disaggregation of ROE

Fidelity National Information Services Inc., decomposition of ROE (quarterly data)

Microsoft Excel
ROE = Net Profit Margin × Asset Turnover × Financial Leverage
Mar 31, 2023 -61.63% = -114.81% × 0.24 × 2.25
Dec 31, 2022 -61.43% = -115.09% × 0.23 × 2.32
Sep 30, 2022 2.07% = 6.47% × 0.18 × 1.73
Jun 30, 2022 1.82% = 5.88% × 0.18 × 1.71
Mar 31, 2022 1.94% = 6.43% × 0.17 × 1.73
Dec 31, 2021 0.88% = 3.00% × 0.17 × 1.75
Sep 30, 2021 0.49% = 1.70% × 0.17 × 1.73
Jun 30, 2021 0.19% = 0.70% × 0.16 × 1.70
Mar 31, 2021 -0.47% = -1.81% × 0.15 × 1.70
Dec 31, 2020 0.32% = 1.26% × 0.15 × 1.70
Sep 30, 2020 -0.21% = -0.83% × 0.15 × 1.70
Jun 30, 2020 0.06% = 0.25% × 0.15 × 1.69
Mar 31, 2020 0.34% = 1.45% × 0.14 × 1.68
Dec 31, 2019 0.60% = 2.88% × 0.12 × 1.70
Sep 30, 2019 1.53% = 8.23% × 0.11 × 1.70
Jun 30, 2019 7.55% = 8.95% × 0.26 × 3.29
Mar 31, 2019 8.21% = 9.65% × 0.35 × 2.43
Dec 31, 2018 8.28% = 10.04% × 0.35 × 2.33
Sep 30, 2018 — = — × — × 2.35
Jun 30, 2018 — = — × — × 2.29
Mar 31, 2018 — = — × — × 2.33

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Two-Component Disaggregation of ROA

Fidelity National Information Services Inc., decomposition of ROA (quarterly data)

Microsoft Excel
ROA = Net Profit Margin × Asset Turnover
Mar 31, 2023 -27.34% = -114.81% × 0.24
Dec 31, 2022 -26.42% = -115.09% × 0.23
Sep 30, 2022 1.20% = 6.47% × 0.18
Jun 30, 2022 1.06% = 5.88% × 0.18
Mar 31, 2022 1.12% = 6.43% × 0.17
Dec 31, 2021 0.50% = 3.00% × 0.17
Sep 30, 2021 0.28% = 1.70% × 0.17
Jun 30, 2021 0.11% = 0.70% × 0.16
Mar 31, 2021 -0.28% = -1.81% × 0.15
Dec 31, 2020 0.19% = 1.26% × 0.15
Sep 30, 2020 -0.13% = -0.83% × 0.15
Jun 30, 2020 0.04% = 0.25% × 0.15
Mar 31, 2020 0.20% = 1.45% × 0.14
Dec 31, 2019 0.36% = 2.88% × 0.12
Sep 30, 2019 0.90% = 8.23% × 0.11
Jun 30, 2019 2.29% = 8.95% × 0.26
Mar 31, 2019 3.37% = 9.65% × 0.35
Dec 31, 2018 3.56% = 10.04% × 0.35
Sep 30, 2018 — = — × —
Jun 30, 2018 — = — × —
Mar 31, 2018 — = — × —

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).