Fidelity National Information Services (FIS) FY2024 results: revenue $10.1 billion, up 3.1% on the year
Fidelity National Information Services, Inc. (FIS) reported revenue of $10.1 billion for fiscal 2024, the year ended 31 December 2024, up 3.1% on the year before. Net income was $1.4 billion, and diluted earnings per share $2.61. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2025.
Revenue
$10.1 billion
+3.1% on the year
FY2017FY2024
Operating margin
16.9%
14.7% a year earlier
FY2017FY2024
Net income
$1.4 billion
FY2017FY2024
Diluted EPS
$2.61
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,071
4,335
3,939
-52.2%
Capital expenditure
97.0
115
227
-15.7%
Free cash flow
1,974
4,220
3,712
-53.2%
Free cash flow margin
19.5%
43.0%
38.2%
Cash from investing
n/a
-1,352
-373
Cash from financing
n/a
-3,493
-2,573
Depreciation and amortisation
1,737
1,744
1,878
-0.4%
Share-based compensation
186
120
189
+55.0%
Buybacks
4,045
522
1,938
+674.9%
Dividends paid
800
1,231
1,138
-35.0%
Dividend per share
$1.44
$2.08
$1.88
-30.8%
Diluted shares, weighted
555m
591m
604m
-6.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
15,698
19,050
27,218
-17.6%
Non-controlling interest
2.0
6.0
8.0
-66.7%
Redeemable equity
n/a
0.0
180
Debt
11,290
19,078
20,091
-40.8%
Operating lease liabilities
177
178
219
-0.6%
Other liabilities
6,617
16,661
15,562
-60.3%
Total liabilities and equity
33,784
54,973
63,278
-38.5%
Fixed assets
646
695
709
-7.1%
Goodwill
17,260
16,971
16,816
+1.7%
Intangible assets
1,318
1,823
2,468
-27.7%
Cash and equivalents
834
440
456
+89.5%
Receivables
n/a
1,738
1,834
Other assets
13,726
33,306
40,995
-58.8%
Total assets
33,784
54,973
63,278
-38.5%
10-K for the year ended 31 December 2024, filed 13 February 2025: the filing.