Fidelity National Information Services, Inc. (FIS) Key Metrics

NYSE: FISValuation, returns, debt and efficiency ratios over 10 years.

FIS valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$18.57B
Enterprise value
$38.39B
P/E (TTM)
5.5
10-yr median 67.1
Forward P/E
5.1
PEG ratio
0.18
Price / sales
1.5
10-yr median 4.1
Price / book
1.1
10-yr median 2.2
EV / EBITDA
9.1
10-yr median 16.8
Dividend yield
4.89%
$1.76 a year
Beta
0.83

FIS key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

FIS valuation Price multiples at each fiscal year-end price.

P/E ratio+192.1%
90.3
2025 · hover or tap a bar for each year
2016: 43.9 (+58.6%)2017: 25.1 (−43.0%)2018: 40.2 (+60.5%)2019: 210.5 (+423.1%)2020: 561.4 (+166.7%)2021: 162.5 (−71.0%)2024: 30.92025: 90.3 (+192.1%)
20162025
Price / sales−27.0%
3.2
2025 · hover or tap a bar for each year
2016: 2.7 (+1.7%)2017: 3.6 (+35.0%)2018: 4.0 (+10.8%)2019: 6.1 (+50.2%)2020: 7.1 (+16.4%)2021: 4.9 (−30.9%)2022: 4.2 (−13.7%)2023: 3.6 (−14.4%)2024: 4.4 (+22.6%)2025: 3.2 (−27.0%)
20162025
Price / book−13.1%
2.5
2025 · hover or tap a bar for each year
2016: 2.6 (+36.4%)2017: 3.0 (+15.2%)2018: 3.3 (+12.9%)2019: 1.3 (−61.9%)2020: 1.8 (+41.8%)2021: 1.4 (−20.4%)2022: 1.5 (+5.2%)2023: 1.9 (+23.8%)2024: 2.9 (+53.2%)2025: 2.5 (−13.1%)
20162025
EV / EBITDA−20.3%
13.1
2025 · hover or tap a bar for each year
2016: 14.0 (−5.5%)2017: 14.7 (+4.7%)2018: 14.9 (+1.4%)2019: 25.4 (+70.2%)2020: 24.9 (−2.1%)2021: 17.3 (−30.6%)2022: 21.2 (+22.8%)2023: 18.7 (−11.6%)2024: 16.4 (−12.4%)2025: 13.1 (−20.3%)
20162025
Price / free cash flow−45.9%
12.3
2025 · hover or tap a bar for each year
2016: 19.1 (−22.0%)2017: 28.0 (+47.0%)2018: 24.8 (−11.4%)2019: 39.7 (+59.7%)2020: 26.8 (−32.5%)2021: 19.0 (−28.9%)2022: 16.1 (−15.6%)2023: 8.4 (−47.7%)2024: 22.7 (+169.9%)2025: 12.3 (−45.9%)
20162025
Free cash flow yield+3.7 pts
8.1%
2025 · hover or tap a bar for each year
2016: 5.2% (+1.2 pts)2017: 3.6% (−1.7 pts)2018: 4.0% (+0.5 pts)2019: 2.5% (−1.5 pts)2020: 3.7% (+1.2 pts)2021: 5.3% (+1.5 pts)2022: 6.2% (+1.0 pts)2023: 11.9% (+5.7 pts)2024: 4.4% (−7.5 pts)2025: 8.1% (+3.7 pts)
20162025

FIS valuation history

Fiscal year-endToday10-year median

FIS returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

FIS debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

FIS cash returned to shareholders

DividendsBuybacksFree cash flow

FIS price vs earnings per share

Share price at year-endEPS (right axis)

FIS key metrics

2016–2025
Fidelity National Information Services, Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$34.49B$44.83B$35.50B$40.98B$67.78B$88.70B$62.73B$34.05B$31.61B$24.96B
Enterprise value$37.91B$55.53B$54.40B$60.93B$86.65B$107.36B$82.36B$42.33B$39.71B$34.76B
P/E ratio90.330.9——162.5561.4210.540.225.143.9
Price / sales3.24.43.64.24.97.16.14.03.62.7
Price / book2.52.91.91.51.41.81.33.33.02.6
Price / free cash flow12.322.78.416.119.026.839.724.828.019.1
Price / operating cash flow11.621.68.210.414.120.026.017.118.213.0
EV / sales3.65.55.56.36.28.68.05.04.63.8
EV / EBITDA13.116.418.721.217.324.925.414.914.714.0
EV / free cash flow13.528.112.923.924.332.452.130.935.226.6
Earnings yield1.1%3.2%−18.7%−40.8%0.6%0.2%0.5%2.5%4.0%2.3%
Free cash flow yield8.1%4.4%11.9%6.2%5.3%3.7%2.5%4.0%3.6%5.2%
Dividend yield2.5%1.8%3.5%2.8%1.4%1.0%1.0%1.2%1.2%1.4%
Shareholder yield (dividends + buybacks)6.6%10.8%4.9%7.5%4.5%1.1%1.8%4.9%1.7%1.5%
Share price at fiscal year-end$66.46$80.77$60.07$67.85$109.15$141.46$139.09$102.55$94.09$75.64
Per share
Revenue per share$20.57$18.25$16.63$16.09$22.35$20.02$22.91$25.37$25.80$28.00
Earnings per share$0.74$2.61−$11.26−$27.68$0.67$0.25$0.66$2.55$3.75$1.72
Operating cash flow per share$5.71$3.73$7.34$6.52$7.75$7.08$5.34$6.00$5.18$5.83
Free cash flow per share$5.41$3.56$7.14$4.22$5.73$5.28$3.51$4.13$3.36$3.97
Cash per share$1.15$1.50$0.74$0.75$3.24$3.12$2.55$2.12$1.98$2.07
Book value per share$26.78$28.28$32.23$45.06$76.24$78.63$109.62$30.77$31.88$29.52
Tangible book value per share−$9.29−$9.74−$3.15$9.73−$33.53−$33.92−$48.35−$24.87−$25.69−$32.45
Dividends per share$1.63$1.44$2.08$1.88$1.55$1.38$1.45$1.27$1.15$1.03
Capex per share$0.30$0.17$0.19$2.30$2.01$1.80$1.84$1.87$1.82$1.87
Debt per share$7.73$20.79$32.73$33.79$33.62$32.89$46.09$27.06$26.08$31.75
Shares outstanding519.0M555.0M591.0M604.0M621.0M627.0M451.0M332.0M336.0M330.0M
Change in shares outstanding−6.5%−6.1%−2.2%−2.7%−1.0%+39.0%+35.8%−1.2%+1.8%+14.2%
Returns & profitability
Return on equity (ROE)2.6%8.3%−28.8%−44.8%0.9%0.3%1.0%8.1%12.3%6.0%
Return on invested capital (ROIC)4.8%3.6%3.7%2.2%1.7%1.4%3.0%7.4%8.4%5.2%
Return on assets (ROA)1.1%3.3%−11.3%−22.9%0.5%0.2%0.6%3.5%5.0%2.2%
Return on tangible assets2.6%11.4%−19.5%−39.9%2.8%1.2%2.4%16.0%24.3%10.2%
Free cash flow margin26.3%19.5%42.9%26.2%25.6%26.4%15.3%16.3%13.0%14.2%
Income quality (OCF / net income)7.761.43——11.5328.118.092.361.383.39
Financial health
Total debt$4.01B$11.54B$19.34B$20.41B$20.88B$20.62B$20.79B$8.98B$8.76B$10.48B
Cash & short-term investments$599.0M$834.0M$440.0M$456.0M$2.01B$1.96B$1.15B$703.0M$665.0M$683.0M
Net debt$3.41B$10.71B$18.90B$19.95B$18.87B$18.66B$19.64B$8.28B$8.10B$9.79B
Debt / equity0.290.741.020.750.440.420.420.880.821.08
Debt / assets0.120.340.350.320.250.250.250.380.360.40
Net debt / EBITDA1.183.166.516.943.764.326.052.923.003.96
Current ratio0.590.850.750.790.740.800.841.190.921.36
Quick ratio0.590.850.770.790.740.540.560.970.750.89
Interest coverage4.84.92.96.49.74.64.55.54.54.0
Working capital−$3.13B−$908.0M−$4.57B−$3.41B−$3.76B−$2.46B−$1.69B$608.0M−$323.0M$1.13B
Invested capital$17.31B$26.41B$37.95B$47.17B$66.21B$67.96B$69.08B$18.50B$18.81B$19.54B
Tangible asset value−$4.82B−$5.40B−$1.85B$6.07B−$20.64B−$21.08B−$21.79B−$8.25B−$8.52B−$10.61B
Net current asset value−$15.10B−$12.90B−$22.26B−$23.05B−$24.69B−$24.46B−$25.66B−$9.81B−$10.02B−$11.90B
Graham number$21.06$40.78——$33.94$21.11$40.37$42.00$51.88$33.81
Graham net-net per share−$32.88−$28.05−$57.74−$55.63−$47.30−$44.73−$63.18−$33.02−$33.13−$40.46
Capital allocation
Dividends paid$847.0M$800.0M$1.23B$1.14B$961.0M$868.0M$656.0M$421.0M$385.0M$341.0M
Share buybacks (net)$1.43B$4.04B$522.0M$1.94B$2.11B$112.0M$453.0M$1.25B$153.0M$40.0M
Dividend payout ratio221.7%55.2%——230.5%549.4%220.1%49.8%30.5%60.0%
Dividends + buybacks / free cash flow80.9%245.4%41.5%120.7%86.4%29.6%70.1%122.2%47.7%29.1%
Capex / revenue1.4%1.0%1.2%14.3%9.0%9.0%8.0%7.4%7.1%6.7%
Capex / operating cash flow5.2%4.7%2.7%35.3%26.0%25.4%34.4%31.2%35.2%32.0%
Capex / depreciation0.080.060.080.360.310.300.340.440.450.53
Stock-based compensation / revenue1.7%1.8%1.2%2.2%2.8%2.3%3.9%1.0%1.2%1.5%
SG&A / revenue21.2%21.6%41.2%42.4%28.4%28.0%25.8%15.4%16.7%18.5%
Efficiency
Days sales outstanding82.276.582.1145.9118.0116.0112.989.683.678.4
Days of inventory on hand——-17.8—68.8134.198.945.168.129.9
Days payables outstanding11.09.421.772.071.664.857.247.940.631.5
Cash conversion cycle (days)71.267.242.773.9115.3185.4154.686.8111.176.7
Receivables turnover4.444.774.442.503.093.153.234.074.364.66
Payables turnover33.2139.0316.855.075.105.646.387.619.0011.59
Inventory turnover————5.312.723.698.095.3612.22
Asset turnover0.320.230.170.130.170.150.190.350.340.35
Average receivables$2.40B$2.12B$2.21B$3.88B$4.49B$3.99B$3.20B$2.07B$1.99B$1.98B
Average payables$203.0M$162.0M$366.5M$1.23B$1.70B$1.48B$1.04B$731.5M$644.0M$538.0M
Average inventory——−$301.0M—$1.64B$3.07B$1.79B$688.5M$1.08B$510.0M
Intangibles / total assets55.9%62.5%38.0%33.7%82.2%84.2%85.0%77.7%78.9%78.6%

Computed from FIS's annual financial statements (latest annual report filed February 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

FIS valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), FIS traded at 90.3 times earnings, against a 10-year median of 67.1. Based on the latest twelve months, the trailing P/E is 5.5 and the forward P/E is 5.1. FIS earned a return on equity of 2.6% and a return on invested capital of 4.8% in fiscal 2025. It ended the year with $4.0 billion of debt and $599.0 million in cash and short-term investments, net debt of $3.4 billion. It returned $2.3 billion to shareholders: $847.0 million in dividends and $1.4 billion in share buybacks, 81% of free cash flow. The share count rose 57.3% from 330.0M to 519.0M over 9 years.

See the FIS income statement, the FIS chart for price history, or the FIS stock overview for the latest quote and news.

FIS key metrics FAQ

What is FIS's P/E ratio?

FIS's trailing P/E ratio is 5.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 5.1. At the end of fiscal 2025 it was 90.3, compared with a 10-year median of 67.1.

What is FIS's EV/EBITDA?

FIS's enterprise value was 13.1 times EBITDA at the end of fiscal 2025 (enterprise value $37.9 billion, EBITDA $2.9 billion); the current EV/EBITDA is 9.1.

What is FIS's return on equity?

FIS's return on equity (ROE) was 2.6% in fiscal 2025: net income of $382.0 million on average shareholders' equity of $14.8 billion.

What is FIS's ROIC?

FIS's return on invested capital was 4.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does FIS have?

FIS had total debt of $4.0 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.29 and $3.4 billion of net debt (1.18 times EBITDA).

What is FIS's dividend yield?

FIS's forward dividend yield is 4.89%. FIS paid $847.0 million in dividends in fiscal 2025 ($1.63 per share), a payout ratio of 221.7%.

Does FIS buy back its shares?

Yes. FIS spent $1.4 billion on net share repurchases in fiscal 2025 Shares outstanding changed −6.5% over the year, to 519.0M..

What is FIS's free cash flow yield?

FIS generated $2.8 billion of free cash flow in fiscal 2025, a free cash flow yield of 8.1% on its market value at year-end ($34.5 billion).

What is FIS's current ratio?

FIS's current ratio was 0.59 at the end of fiscal 2025: current assets were 0.59 times current liabilities.

Information Technology Services key metrics