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Fidelity National Information Services, Inc. (FIS)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
Total revenues  14,528.013,877.012,552.010,333.08,423.08,668.08,831.06,596.0
            Revenue growth   [+]4.7%10.6%21.5%22.7%-2.8%-1.8%33.9%2.9%
Cost of goods sold  8,820.08,682.08,348.06,610.05,569.05,794.05,895.04,395.0
Gross profit  5,708.05,195.04,204.03,723.02,854.02,874.02,936.02,201.0
            Gross margin  39.3%37.4%33.5%36.0%33.9%33.2%33.2%33.4%
Selling, general and administrative  4,118.03,938.03,516.02,667.01,301.01,442.01,707.01,102.0
Research and development          
Equity in earnings   6.0-6.0-10.0-15.0-3.0  
Adjusted EBITDA  5,651.05,661.04,679.03,892.03,042.02,902.02,519.01,866.0
            Adjusted EBITDA margin  38.9%40.8%37.3%37.7%36.1%33.5%28.5%28.3%
Stock-based compensation  215.0383.0283.0402.084.0107.0137.098.0
EBITDA   [+]5,436.05,278.04,396.03,490.02,958.02,795.02,382.01,768.0
            EBITDA margin  37.4%38.0%35.0%33.8%35.1%32.2%27.0%26.8%
Depreciation  1,676.01,632.01,314.01,000.0761.0696.0635.0423.0
EBITA  3,760.03,646.03,082.02,490.02,197.02,099.01,747.01,345.0
            EBITA margin  25.9%26.3%24.6%24.1%26.1%24.2%19.8%20.4%
Amortization of intangibles  2,170.02,383.02,400.01,444.0659.0670.0518.0246.0
EBIT   [+]1,590.01,263.0682.01,046.01,538.01,429.01,229.01,099.0
            EBIT margin  10.9%9.1%5.4%10.1%18.3%16.5%13.9%16.7%
Non-recurring items   [+]17,709.0202.0136.087.095.0   
Interest expense, net   [+]275.0214.0334.0337.0297.0337.0383.0183.0
Other income (expense), net  63.0-58.054.0-209.0-42.0-116.0-9.0121.0
Pre-tax income  -16,331.0789.0266.0413.01,104.0976.0837.01,037.0
Income taxes  377.0371.096.0100.0208.0-321.0291.0379.0
            Tax rate   47.0%36.1%24.2%18.8% 34.8%36.5%
Minority interest  12.07.06.05.035.033.022.019.0
Earnings from continuing ops  -16,720.0417.0158.0298.0846.01,261.0524.01,297.0
Earnings from discontinued ops        1.0-7.0
Net income  -16,720.0417.0158.0298.0846.01,261.0525.01,290.0
            Net margin  -115.1%3.0%1.3%2.9%10.0%14.5%5.9%19.6%
   
Basic EPS   [+]($27.68)$0.68$0.26$0.67$2.58$3.82$1.61$4.55
Diluted EPS   [+]($27.68)$0.67$0.25$0.66$2.55$3.75$1.59$4.49
   
Dividends per share   [+]$1.88$1.56$1.40$1.40$1.28$1.16$1.04$1.04
   
Shares outstanding (basic)   [+]604.0616.0619.0445.0328.0330.0326.0285.0
Shares outstanding (diluted)   [+]604.0621.0627.0451.0332.0336.0330.0289.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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