Forensic Analysis · Professional & Commercial Services · as of Nov 9, 2026

Fidelity National Information Services, Inc. (FIS)

A forensic read on Fidelity National Information Services, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

D · Weak — demands caution

Forensic grade

Distress

Financial health

-1.7

Distress distance

Clean

Earnings quality

Forensic signals

2.6%

ROE

5.4%

Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Fidelity National Information Services, Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads -1.7, placing it in the Distress zone. 3 forensic signals were flagged in its latest SEC filings, led by return on invested capital.

What the filings flag

5.0%

FY2025

Return on invested capital. Return on invested capital is 5.0% in the latest fiscal year and rising across FY2023–FY2025 from 2.9%. After-tax operating profit was $1.1B in FY2023 and $1.3B in FY2025, with operating income at 14.7% of revenue in FY2023, 16.9% in FY2024 and 16.3% in FY2025. The capital base behind it came down -28% across FY2023–FY2025, from $37.7B to $27.2B, so this return is struck on a smaller base than it started on.

140% of FCF

FY2025

Shareholder returns. Returned $2.3B to shareholders (buybacks + dividends) in FY2025 — 140% of free cash flow, but 87% of operating cash flow. Returns run ahead of free cash flow because the business is also funding heavy growth capex (usually debt-financed); the payout itself is covered by operating cash — sustainable as long as that spending is genuine expansion, not upkeep. Counting the $181M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 152%.

-31%

FY2023→FY2024

Dividend — cut. The payout was CUT ~31% in FY2024 (from FY2023). It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies.

Key fundamentals

Latest Revenue$10.68B

Revenue Growth YoY+5.4%

Revenue CAGR (2yr)+4.2%

Net Margin3.6%

Free Cash Flow$1.62B

Return on Equity2.6%

Debt / Equity0.74x

The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Fidelity National Information Services, Inc.'s actual 10-K/10-Q/8-K filings?

Generate the AI investment read →

No credit card · informational only, not investment advice · see the track record

← Browse all forensic stock analyses

Data from SEC EDGAR public filings · metrics as of Nov 9, 2026. Forensic signals flag probability, not certainty.

See a wrong number? Report an error with the filing it should match.