Fidelity National Information Services (FIS) FY2021 results: revenue $9.3 billion, down 25.6% on the year
Fidelity National Information Services, Inc. (FIS) reported revenue of $9.3 billion for fiscal 2021, the year ended 31 December 2021, down 25.6% on the year before. Net income was $417 million, up 163.9%, and diluted earnings per share $0.67. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2022.
Revenue
$9.3 billion
-25.6% on the year
FY2015FY2021
Operating margin
11.1%
4.4% a year earlier
FY2015FY2021
Net income
$417 million
+163.9% on the year
FY2015FY2021
Diluted EPS
$0.67
+168.0% on the year
FY2015FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
4,810
4,442
2,410
+8.3%
Capital expenditure
320
263
200
+21.7%
Free cash flow
4,490
4,179
2,210
+7.4%
Free cash flow margin
48.1%
33.3%
21.4%
Cash from investing
-1,771
-914
-7,501
Cash from financing
-2,538
-2,751
7,581
Depreciation and amortisation
4,015
3,714
2,444
+8.1%
Share-based compensation
383
283
402
+35.3%
Buybacks
2,114
112
453
+1,787.5%
Dividends paid
961
868
656
+10.7%
Dividend per share
$1.56
$1.40
$1.40
+11.4%
Diluted shares, weighted
621m
627m
451m
-1.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
47,347
49,300
49,440
-4.0%
Non-controlling interest
11.0
13.0
16.0
-15.4%
Redeemable equity
174
174
0.0
0.0%
Debt
20,353
20,015
20,192
+1.7%
Operating lease liabilities
378
453
466
-16.6%
Other liabilities
14,668
13,887
13,692
+5.6%
Total liabilities and equity
82,931
83,842
83,806
-1.1%
Fixed assets
949
887
900
+7.0%
Goodwill
16,927
53,268
52,242
-68.2%
Intangible assets
11,539
13,928
15,798
-17.2%
Cash and equivalents
2,010
1,959
1,152
+2.6%
Receivables
3,772
3,314
3,242
+13.8%
Other assets
47,734
10,486
10,472
+355.2%
Total assets
82,931
83,842
83,806
-1.1%
10-K for the year ended 31 December 2021, filed 23 February 2022: the filing.