Question 1

What is Fidelity National Information Services's P/FCF ratio?

Accepted Answer

Fidelity National Information Services (FIS) P/FCF ratio is 7.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Fidelity National Information Services?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Fidelity National Information Services specifically, the relevant sector benchmark is the current sector median of 21.6×.

Question 5

Is Fidelity National Information Services's P/FCF ratio high or low?

Accepted Answer

Fidelity National Information Services's P/FCF ratio of 7.6× is below its own 5-year average of 15.4× and below the sector median of 21.6×. That places the current reading at the 12th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Fidelity National Information Services's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Fidelity National Information Services (FIS) P/FCF ratio has ranged from a low of 3.3× in 2025 to a high of 93.9× in 2007. The 5-year average is 15.4× and the 5-year median is 16.1×.

Question 7

What was Fidelity National Information Services's P/FCF ratio in 2025?

Accepted Answer

Fidelity National Information Services (FIS) P/FCF ratio at the end of 2025 was 12.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Fidelity National Information Services's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$34.36B	$2.81B	12.2×	-13.9×	Dec 31, 2025
2024	$43.29B	$1.66B	26.1×	+17.7×	Dec 31, 2024
2023	$35.38B	$4.22B	8.4×	-7.4×	Dec 31, 2023
2022	$40.24B	$2.55B	15.8×	-2.9×	Dec 31, 2022
2021	$66.47B	$3.56B	18.7×	-7.8×	Dec 31, 2021
2020	$87.85B	$3.31B	26.5×	-27.5×	Dec 31, 2020
2019	$85.40B	$1.58B	54.0×	+29.6×	Dec 31, 2019
2018	$33.43B	$1.37B	24.4×	-3.3×	Dec 31, 2018
2017	$31.24B	$1.13B	27.7×	+8.8×	Dec 31, 2017
2016	$24.73B	$1.31B	18.9×	-5.9×	Dec 31, 2016
2015	$17.92B	$721.80M	24.8×	+2.7×	Dec 31, 2015
2014	$17.59B	$793.70M	22.2×	+0.8×	Dec 31, 2014
2013	$15.50B	$724.10M	21.4×	+7.8×	Dec 31, 2013
2012	$10.17B	$750.60M	13.6×	+4.7×	Dec 31, 2012
2011	$7.70B	$871.20M	8.8×	-2.0×	Dec 31, 2011
2010	$8.20B	$757.30M	10.8×	-0.2×	Dec 31, 2010
2009	$5.54B	$501.60M	11.0×	+2.0×	Dec 31, 2009
2008	$3.09B	$341.06M	9.1×	-27.6×	Dec 31, 2008
2007	$4.41B	$120.25M	36.6×	+24.3×	Dec 31, 2007
2006	$4.07B	$330.52M	12.3×	-3.5×	Dec 31, 2006
2005	$3.77B	$237.89M	15.8×	+4.3×	Dec 31, 2005
2004	$1.20B	$103.78M	11.6×	-0.6×	Dec 31, 2004
2003	$1.14B	$94.14M	12.1×	+0.8×	Dec 31, 2003
2002	$883.57M	$77.69M	11.4×	—	Dec 31, 2002


Paycom Software (PAYC)	14.0×
Intuit (INTU)	13.9×
Okta (OKTA)	13.8×
EPAM Systems (EPAM)	13.4×
Zebra Technologies (ZBRA)	12.2×
Skyworks Solutions (SWKS)	11.9×
Cognizant (CTSH)	11.8×
NetApp (NTAP)	11.5×
Duolingo (DUOL)	11.1×
Block (XYZ)	11.0×
QUALCOMM (QCOM)	10.8×
Workday (WDAY)	10.5×
Salesforce (CRM)	10.5×
Qorvo (QRVO)	10.4×
Adobe (ADBE)	10.4×
Accenture (ACN)	10.3×
DocuSign (DOCU)	8.0×
Gen Digital (GEN)	7.5×
Fiserv (FISV)	7.2×
Hewlett Packard Enterprise (HPE)	6.8×
GoDaddy (GDDY)	6.7×
Science Applications International (SAIC)	6.7×
Strategy (MSTR)	5.5×
HP (HPQ)	5.1×
Lyft (LYFT)	4.5×

P/FCF Ratio for Fidelity National Information Services (FIS)

P/FCF Ratio daily chart for Fidelity National Information Services (FIS)

Historical P/FCF Ratio for Fidelity National Information Services (FIS) from 2002 to 2025

About P/FCF Ratio at Fidelity National Information Services (FIS)

Fidelity National Information Services P/FCF Ratio by Year

Fidelity National Information Services P/FCF Ratio 2025: 12.2×

Fidelity National Information Services P/FCF Ratio 2024: 26.1×

Fidelity National Information Services P/FCF Ratio 2023: 8.4×

Fidelity National Information Services P/FCF Ratio 2022: 15.8×

Fidelity National Information Services P/FCF Ratio 2021: 18.7×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Fidelity National Information Services (FIS) Key Financials

P/FCF Ratio daily chart for Fidelity National Information Services (FIS)

Historical P/FCF Ratio for Fidelity National Information Services (FIS) from 2002 to 2025

About P/FCF Ratio at Fidelity National Information Services (FIS)

Fidelity National Information Services P/FCF Ratio by Year

Fidelity National Information Services P/FCF Ratio 2025: 12.2×

Fidelity National Information Services P/FCF Ratio 2024: 26.1×

Fidelity National Information Services P/FCF Ratio 2023: 8.4×

Fidelity National Information Services P/FCF Ratio 2022: 15.8×

Fidelity National Information Services P/FCF Ratio 2021: 18.7×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Fidelity National Information Services's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Fidelity National Information Services?

+Is Fidelity National Information Services's P/FCF ratio high or low?

+What is Fidelity National Information Services's historical P/FCF ratio range?

+What was Fidelity National Information Services's P/FCF ratio in 2025?

+Why does Fidelity National Information Services's P/FCF ratio change over time?

Fidelity National Information Services (FIS) Key Financials