Fidelity National Information Services (FIS) FY2022 results: revenue $9.7 billion, up 4.1% on the year
Fidelity National Information Services, Inc. (FIS) reported revenue of $9.7 billion for fiscal 2022, the year ended 31 December 2022, up 4.1% on the year before. Net income was -$16.7 billion, and diluted earnings per share $-27.68. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2023.
Revenue
$9.7 billion
+4.1% on the year
FY2015FY2022
Operating margin
12.1%
11.1% a year earlier
FY2015FY2022
Net income
-$16.7 billion
FY2015FY2022
Diluted EPS
-$27.68
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
3,939
4,810
4,442
-18.1%
Capital expenditure
227
320
263
-29.1%
Free cash flow
3,712
4,490
4,179
-17.3%
Free cash flow margin
38.2%
48.1%
33.3%
Cash from investing
-373
-1,771
-914
Cash from financing
-2,573
-2,538
-2,751
Depreciation and amortisation
1,878
4,015
3,714
-53.2%
Share-based compensation
189
383
283
-50.7%
Buybacks
1,938
2,114
112
-8.3%
Dividends paid
1,138
961
868
+18.4%
Dividend per share
$1.88
$1.56
$1.40
+20.5%
Diluted shares, weighted
604m
621m
627m
-2.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
27,218
47,347
49,300
-42.5%
Non-controlling interest
8.0
11.0
13.0
-27.3%
Redeemable equity
180
174
174
+3.4%
Debt
20,091
20,353
20,015
-1.3%
Operating lease liabilities
219
378
453
-42.1%
Other liabilities
15,562
14,668
13,887
+6.1%
Total liabilities and equity
63,278
82,931
83,842
-23.7%
Fixed assets
709
949
887
-25.3%
Goodwill
16,816
16,927
53,268
-0.7%
Intangible assets
2,468
11,539
13,928
-78.6%
Cash and equivalents
456
2,010
1,959
-77.3%
Receivables
1,834
3,772
3,314
-51.4%
Other assets
40,995
47,734
10,486
-14.1%
Total assets
63,278
82,931
83,842
-23.7%
10-K for the year ended 31 December 2022, filed 27 February 2023: the filing.