Net Profit Margin
since 2005
Calculation
Fiserv Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income attributable to Fiserv, Inc.1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 8.22% | = | 100 | × | 1,334) | ÷ | 16,226) |
| Dec 31, 2020 | 6.45% | = | 100 | × | 958) | ÷ | 14,852) |
| Dec 31, 2019 | 8.77% | = | 100 | × | 893) | ÷ | 10,187) |
| Dec 31, 2018 | 20.38% | = | 100 | × | 1,187) | ÷ | 5,823) |
| Dec 31, 2017 | 21.88% | = | 100 | × | 1,246) | ÷ | 5,696) |
| Dec 31, 2016 | 16.89% | = | 100 | × | 930) | ÷ | 5,505) |
| Dec 31, 2015 | 13.55% | = | 100 | × | 712) | ÷ | 5,254) |
| Dec 31, 2014 | 14.88% | = | 100 | × | 754) | ÷ | 5,066) |
| Dec 31, 2013 | 13.46% | = | 100 | × | 648) | ÷ | 4,814) |
| Dec 31, 2012 | 13.63% | = | 100 | × | 611) | ÷ | 4,482) |
| Dec 31, 2011 | 10.88% | = | 100 | × | 472) | ÷ | 4,337) |
| Dec 31, 2010 | 12.00% | = | 100 | × | 496) | ÷ | 4,133) |
| Dec 31, 2009 | 11.68% | = | 100 | × | 476) | ÷ | 4,077) |
| Dec 31, 2008 | 12.01% | = | 100 | × | 569) | ÷ | 4,739) |
| Dec 31, 2007 | 11.19% | = | 100 | × | 439) | ÷ | 3,922) |
| Dec 31, 2006 | 9.90% | = | 100 | × | 450) | ÷ | 4,544) |
| Dec 31, 2005 | 12.72% | = | 100 | × | 516) | ÷ | 4,059) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
- Net Income
- The net income attributable to the company shows a fluctuating but generally positive trend over the period analyzed. Starting from $516 million in 2005, there was a slight decline in the subsequent two years, followed by an upturn reaching a peak of $1,334 million in 2021. Notably, there was a significant increase between 2016 and 2017, with net income rising from $930 million to $1,246 million. Despite a dip in 2019, the net income rebounded strongly by 2021.
- Revenue
- Revenue demonstrates an overall upward trajectory throughout the years, with some variations. Beginning at approximately $4.1 billion in 2005, revenue fluctuated moderately until 2018, when it was about $5.8 billion. From 2018 onwards, there is a clear and steep increase in revenue, peaking at $16.2 billion in 2021. This sharp rise in recent years may indicate accelerated growth initiatives, acquisitions, or market expansion.
- Net Profit Margin
- The net profit margin experienced variability over the period. It started at 12.72% in 2005 and declined slightly through 2006 and 2007, hovering around 10-12% until 2011. From 2012 to 2017, the margin improved substantially, peaking at 21.88% in 2017, which suggests enhanced profitability or operational efficiencies during that time. However, after 2017, the margin declined markedly, reaching a low of 6.45% in 2020 before a slight recovery to 8.22% in 2021. The decline during this period suggests increased costs, pricing pressures, or changes in revenue composition.
- General Observations
- The company's revenue growth significantly outpaces net income growth in the later years, indicating potential margin compression or higher operating expenses. The highest profit margins coincide with periods of relatively modest revenue, whereas the rapid revenue growth in recent years corresponds with lower net profit margins. This pattern could reflect investments in growth or integration costs related to expansion activities.
Comparison to Competitors
Fiserv Inc., net profit margin, long-term trends, comparison to competitors
| Fiserv Inc. | Accenture PLC | Adobe Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | Fair Isaac Corp. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Palo Alto Networks Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | Workday Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 8.22% | 11.69% | 30.55% | 23.29% | -10.59% | 29.78% | 10.01% | 21.41% | 36.45% | 33.96% | -33.75% | -11.72% | 19.16% | 3.90% | 18.02% | -6.54% |
| Dec 31, 2020 | 6.45% | 11.52% | 40.88% | 22.02% | -29.45% | 18.26% | 7.59% | 23.78% | 30.96% | 25.94% | -106.75% | -7.83% | 0.74% | 2.62% | 18.03% | -13.25% |
| Dec 31, 2019 | 8.77% | 11.06% | 26.42% | 42.33% | — | 16.56% | 12.22% | 22.95% | 31.18% | 28.05% | — | -2.82% | 8.36% | 18.11% | 15.84% | -14.82% |
| Dec 31, 2018 | 20.38% | 9.76% | 28.69% | 16.17% | — | 13.79% | 10.97% | 20.31% | 15.02% | 9.60% | — | -6.51% | 1.22% | -1.02% | 13.86% | -14.99% |
| Dec 31, 2017 | 21.88% | 9.37% | 23.20% | 10.50% | — | 13.76% | 7.27% | 18.76% | 23.57% | 24.74% | — | -12.30% | 2.14% | -7.71% | 5.01% | -26.01% |
| Dec 31, 2016 | 16.89% | 11.82% | 19.96% | 11.18% | — | 12.42% | 14.86% | 20.86% | 19.69% | 24.03% | — | -16.39% | -0.71% | -32.49% | 11.01% | -24.94% |
| Dec 31, 2015 | 13.55% | 9.28% | 13.13% | 14.83% | — | 10.31% | 16.14% | 8.71% | 13.03% | 26.00% | — | -17.78% | -4.89% | -19.73% | 10.08% | -31.48% |
| Dec 31, 2014 | 14.88% | 9.23% | 6.47% | 10.05% | — | 12.03% | 12.96% | 20.13% | 25.42% | 28.62% | — | -37.86% | -5.70% | -26.28% | 12.59% | -36.79% |
| Dec 31, 2013 | 13.46% | 10.80% | 7.15% | 11.25% | — | 12.12% | 16.52% | 20.57% | 28.08% | 29.38% | — | -7.38% | -8.87% | -17.36% | 12.63% | -43.55% |
| Dec 31, 2012 | 13.63% | 8.58% | 18.91% | 33.17% | — | 13.60% | 15.89% | 19.08% | 23.03% | 26.89% | — | 0.29% | -0.51% | -15.32% | 10.39% | — |
| Dec 31, 2011 | 10.88% | 8.33% | 19.75% | 6.28% | — | 11.55% | 14.83% | 16.46% | 33.10% | 23.99% | — | — | 3.89% | — | 14.42% | — |
| Dec 31, 2010 | 12.00% | 7.71% | 20.39% | 13.52% | — | 10.64% | 14.85% | 16.61% | 30.02% | 22.87% | — | — | 6.18% | — | 17.17% | — |
| Dec 31, 2009 | 11.68% | 6.86% | 13.12% | -17.58% | — | 10.32% | 14.02% | 14.05% | 24.93% | 24.05% | — | — | 4.03% | — | 12.33% | — |
| Dec 31, 2008 | 12.01% | 6.68% | 24.35% | -178.51% | — | 11.27% | 11.90% | 15.52% | 29.26% | 24.61% | — | — | 2.45% | — | 14.21% | — |
| Dec 31, 2007 | 11.19% | 5.79% | 22.92% | 18.34% | — | 12.73% | 10.55% | 16.46% | 27.51% | 23.75% | — | — | 0.10% | — | 10.76% | — |
| Dec 31, 2006 | 9.90% | 5.34% | 19.64% | 9.61% | — | 12.54% | 10.38% | 17.80% | 28.45% | 23.51% | — | — | 9.19% | — | 2.26% | — |
| Dec 31, 2005 | 12.72% | 5.50% | 30.66% | 3.71% | — | 16.85% | 8.71% | 18.73% | 30.80% | 24.46% | — | — | 4.16% | — | -1.56% | — |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Software & Services)
Fiserv Inc., net profit margin, long-term trends, comparison to sector (software & services)
| Fiserv Inc. | Software & Services | |
|---|---|---|
| Dec 31, 2021 | 8.22% | 25.30% |
| Dec 31, 2020 | 6.45% | 20.05% |
| Dec 31, 2019 | 8.77% | 21.62% |
| Dec 31, 2018 | 20.38% | 12.10% |
| Dec 31, 2017 | 21.88% | 15.36% |
| Dec 31, 2016 | 16.89% | 16.48% |
| Dec 31, 2015 | 13.55% | 14.56% |
| Dec 31, 2014 | 14.88% | 18.19% |
| Dec 31, 2013 | 13.46% | 20.52% |
| Dec 31, 2012 | 13.63% | 18.60% |
| Dec 31, 2011 | 10.88% | 20.46% |
| Dec 31, 2010 | 12.00% | 19.38% |
| Dec 31, 2009 | 11.68% | 17.15% |
| Dec 31, 2008 | 12.01% | 16.65% |
| Dec 31, 2007 | 11.19% | 15.90% |
| Dec 31, 2006 | 9.90% | 15.64% |
| Dec 31, 2005 | 12.72% | 15.06% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Fiserv Inc., net profit margin, long-term trends, comparison to industry (information technology)
| Fiserv Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2021 | 8.22% | 23.62% |
| Dec 31, 2020 | 6.45% | 19.67% |
| Dec 31, 2019 | 8.77% | 19.85% |
| Dec 31, 2018 | 20.38% | 18.57% |
| Dec 31, 2017 | 21.88% | 17.85% |
| Dec 31, 2016 | 16.89% | 17.79% |
| Dec 31, 2015 | 13.55% | 18.37% |
| Dec 31, 2014 | 14.88% | 19.38% |
| Dec 31, 2013 | 13.46% | 20.20% |
| Dec 31, 2012 | 13.63% | 20.07% |
| Dec 31, 2011 | 10.88% | 20.67% |
| Dec 31, 2010 | 12.00% | 20.23% |
| Dec 31, 2009 | 11.68% | 14.52% |
| Dec 31, 2008 | 12.01% | 15.20% |
| Dec 31, 2007 | 11.19% | 15.81% |
| Dec 31, 2006 | 9.90% | 16.23% |
| Dec 31, 2005 | 12.72% | 16.66% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).