GURUFOCUS.COM » STOCK LIST » Technology » Software » Fidelity National Information Services Inc (NYSE:FIS) » Definitions » EBIT

Fidelity National Information Services (Fidelity National Information Services) EBIT : $1,576 Mil (TTM As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Fidelity National Information Services EBIT?

Fidelity National Information Services's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $232 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $1,576 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fidelity National Information Services's annualized ROC % for the quarter that ended in Dec. 2023 was 2.43%. Fidelity National Information Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 55.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fidelity National Information Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.67%.


Fidelity National Information Services EBIT Historical Data

The historical data trend for Fidelity National Information Services's EBIT can be seen below:

* 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.

* Premium members only.

Fidelity National Information Services EBIT Chart

Fidelity National Information Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 802.00 605.00 933.00 1,239.00 1,376.00

Fidelity National Information Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 314.00 337.00 525.00 482.00 232.00

Competitive Comparison of Fidelity National Information Services's EBIT

For the Information Technology Services subindustry, Fidelity National Information Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Fidelity National Information Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fidelity National Information Services's EV-to-EBIT falls into.



Fidelity National Information Services EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,576 Mil.

* 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  (NYSE:FIS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Fidelity National Information Services's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1744 * ( 1 - 21.95% )/( (54998 + 57226)/ 2 )
=1361.192/56112
=2.43 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Fidelity National Information Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=928/( ( (682 + max(997, 0)) + (909 + max(782, 0)) )/ 2 )
=928/( ( 1679 + 1691 )/ 2 )
=928/1685
=55.07 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1719 + 0 + 9444) - (2104 + 739 + 7323)
=997

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1730 + 0 + 11177) - (2409 + 832 + 8884)
=782

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Fidelity National Information Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=1576/59023.015
=2.67 %

* 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 EBIT Related Terms

Thank you for viewing the detailed overview of Fidelity National Information Services's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Fidelity National Information Services (Fidelity National Information Services) Business Description

Traded in Other Exchanges
Address
347 Riverside Avenue, Jacksonville, FL, USA, 32202
Fidelity National Information Services' legacy operations provide 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. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.
Executives
Ellen R Alemany director ONE ADP BOULEVARD, ROSELAND NJ 07068
Jeffrey A Goldstein director HELLMAN & FRIEDMAN LLC, 375 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10152
James Kehoe officer: Chief Financial Officer KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Erik D Hoag officer: CEVP Chief Financial Officer 347 RIVERSIDE AVE, JACKSONVILLE FL 32202
Stephanie Ferris officer: COO C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Brian T Shea director ONE PERSHING PLAZA, 95 CHRISTOPHER COLUMBUS DRIVE, JERSEY CITY NJ 07399
Stallings James B Jr director 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Vijay D'silva director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Louise M Parent director 200 VESEY STREET, NEW YORK NY 10285
Kenneth T Lamneck director INSIGHT ENTERPRISES, INC., 6820 SOUTH HARL AVENUE, TEMPE AZ 85283
Mark D Benjamin director NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Gary Norcross officer: Corporate EVP and COO 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
James W. Woodall officer: SVP, CAO and Controller 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Keith W Hughes director 2801 TURTLE CREEK BOULEVARD, #6W, DALLAS TX 75219