Return on Assets (ROA)
since 2005
Calculation
Fiserv Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income attributable to Fiserv, Inc.1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 1.75% | = | 100 | × | 1,334) | ÷ | 76,249) |
| Dec 31, 2020 | 1.28% | = | 100 | × | 958) | ÷ | 74,619) |
| Dec 31, 2019 | 1.15% | = | 100 | × | 893) | ÷ | 77,539) |
| Dec 31, 2018 | 10.54% | = | 100 | × | 1,187) | ÷ | 11,262) |
| Dec 31, 2017 | 12.11% | = | 100 | × | 1,246) | ÷ | 10,289) |
| Dec 31, 2016 | 9.55% | = | 100 | × | 930) | ÷ | 9,743) |
| Dec 31, 2015 | 7.62% | = | 100 | × | 712) | ÷ | 9,340) |
| Dec 31, 2014 | 8.08% | = | 100 | × | 754) | ÷ | 9,337) |
| Dec 31, 2013 | 6.81% | = | 100 | × | 648) | ÷ | 9,513) |
| Dec 31, 2012 | 7.19% | = | 100 | × | 611) | ÷ | 8,497) |
| Dec 31, 2011 | 5.52% | = | 100 | × | 472) | ÷ | 8,548) |
| Dec 31, 2010 | 5.99% | = | 100 | × | 496) | ÷ | 8,281) |
| Dec 31, 2009 | 5.68% | = | 100 | × | 476) | ÷ | 8,378) |
| Dec 31, 2008 | 6.10% | = | 100 | × | 569) | ÷ | 9,331) |
| Dec 31, 2007 | 3.71% | = | 100 | × | 439) | ÷ | 11,846) |
| Dec 31, 2006 | 7.25% | = | 100 | × | 450) | ÷ | 6,208) |
| Dec 31, 2005 | 8.55% | = | 100 | × | 516) | ÷ | 6,040) |
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
The financial trajectory from 2005 to 2021 is characterized by two distinct operational phases: a period of steady growth and asset stability followed by a massive expansion of the balance sheet that fundamentally altered efficiency metrics.
- Net Income Performance
- Net income exhibited a consistent long-term upward trend, growing from 516 million USD in 2005 to 1,334 million USD by 2021. While growth was generally stable, a peak was reached in 2017 at 1,246 million USD, followed by a temporary contraction in 2019 to 893 million USD, before rebounding strongly in the subsequent two years.
- Total Asset Expansion
- Total assets remained relatively stable between 6,040 million USD and 11,262 million USD from 2005 through 2018. However, a significant structural shift occurred in 2019, where total assets surged to 77,539 million USD, representing an increase of approximately 588% in a single year. This asset base remained elevated through 2021, ending at 76,249 million USD.
- Return on Assets (ROA) Dynamics
- The ROA fluctuated within a healthy range of 3.71% to 12.11% between 2005 and 2018, indicating efficient utilization of the asset base during the first phase. The peak efficiency was recorded in 2017 at 12.11%. Following the massive asset expansion in 2019, the ROA experienced a sharp decline to 1.15%. This contraction is a direct result of the asset base growing at a rate far exceeding the growth of net income. Since 2019, a gradual recovery in ROA has been observed, rising to 1.75% by 2021, suggesting a slow improvement in the ability to generate profit from the enlarged balance sheet.
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Comparison to Competitors
Fiserv Inc., ROA, long-term trends, comparison to competitors
| Fiserv Inc. | Accenture PLC | Adobe Inc. | AppLovin Corp. | Cadence Design Systems Inc. | Datadog Inc. | 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 | 1.75% | 13.68% | 17.70% | 0.58% | 15.87% | -0.87% | 4.35% | 13.29% | 18.36% | 10.48% | -16.02% | -4.87% | 6.14% | 2.13% | 8.66% | -3.24% |
| Dec 31, 2020 | 1.28% | 13.78% | 21.66% | — | 14.95% | -1.30% | 3.58% | 16.70% | 14.70% | 8.78% | -43.35% | -2.95% | 0.23% | 1.36% | 8.27% | -7.05% |
| Dec 31, 2019 | 1.15% | 16.04% | 14.22% | — | 29.46% | -1.61% | 6.20% | 24.78% | 13.69% | 10.20% | — | -1.24% | 3.61% | 10.41% | 8.31% | -7.58% |
| Dec 31, 2018 | 10.54% | 16.61% | 13.80% | — | 14.01% | — | 7.07% | 23.39% | 6.40% | 2.79% | — | -2.54% | 0.61% | -0.69% | 7.04% | -6.49% |
| Dec 31, 2017 | 12.11% | 15.18% | 11.65% | — | 8.44% | — | 4.59% | 23.87% | 8.80% | 6.92% | — | -6.30% | 1.02% | -4.39% | 2.53% | -12.89% |
| Dec 31, 2016 | 9.55% | 19.95% | 9.20% | — | 9.69% | — | 10.11% | 23.04% | 8.67% | 7.93% | — | -8.18% | -0.37% | -22.22% | 5.09% | -10.62% |
| Dec 31, 2015 | 7.62% | 16.72% | 5.37% | — | 10.74% | — | 11.94% | 7.35% | 6.92% | 8.96% | — | -8.40% | -2.46% | -10.98% | 4.48% | -10.51% |
| Dec 31, 2014 | 8.08% | 16.41% | 2.49% | — | 4.95% | — | 10.23% | 17.44% | 12.81% | 12.13% | — | -15.32% | -2.54% | -12.59% | 5.43% | -7.93% |
| Dec 31, 2013 | 6.81% | 19.46% | 2.79% | — | 6.76% | — | 13.06% | 15.64% | 15.35% | 13.35% | — | -4.99% | -4.89% | -6.31% | 5.68% | -12.43% |
| Dec 31, 2012 | 7.19% | 15.32% | 8.35% | — | 19.24% | — | 13.93% | 16.91% | 14.00% | 12.74% | — | 0.18% | -0.28% | -7.81% | 4.40% | — |
| Dec 31, 2011 | 5.52% | 14.48% | 9.26% | — | 4.10% | — | 13.62% | 12.41% | 21.30% | 11.62% | — | — | 2.09% | — | 6.57% | — |
| Dec 31, 2010 | 5.99% | 13.87% | 9.52% | — | 7.31% | — | 13.07% | 11.04% | 21.79% | 9.96% | — | — | 3.28% | — | 7.21% | — |
| Dec 31, 2009 | 5.68% | 12.97% | 5.31% | — | -10.62% | — | 12.31% | 9.26% | 18.71% | 11.80% | — | — | 2.93% | — | 5.71% | — |
| Dec 31, 2008 | 6.10% | 13.64% | 14.98% | — | -110.44% | — | 11.26% | 10.22% | 24.29% | 11.68% | — | — | 1.68% | — | 6.93% | — |
| Dec 31, 2007 | 3.71% | 11.57% | 12.67% | — | 7.65% | — | 8.65% | 10.35% | 22.26% | 12.36% | — | — | 0.07% | — | 4.99% | — |
| Dec 31, 2006 | 7.25% | 10.33% | 8.48% | — | 4.14% | — | 9.19% | 15.05% | 18.10% | 11.65% | — | — | 6.55% | — | 1.15% | — |
| Dec 31, 2005 | 8.55% | 10.50% | 24.70% | — | 1.45% | — | 7.50% | 14.05% | 17.30% | 13.95% | — | — | 2.62% | — | -0.72% | — |
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., ROA, long-term trends, comparison to sector (software & services)
| Fiserv Inc. | Software & Services | |
|---|---|---|
| Dec 31, 2021 | 1.75% | 12.19% |
| Dec 31, 2020 | 1.28% | 9.68% |
| Dec 31, 2019 | 1.15% | 10.81% |
| Dec 31, 2018 | 10.54% | 6.11% |
| Dec 31, 2017 | 12.11% | 7.29% |
| Dec 31, 2016 | 9.55% | 8.86% |
| Dec 31, 2015 | 7.62% | 8.53% |
| Dec 31, 2014 | 8.08% | 11.18% |
| Dec 31, 2013 | 6.81% | 13.46% |
| Dec 31, 2012 | 7.19% | 13.36% |
| Dec 31, 2011 | 5.52% | 15.34% |
| Dec 31, 2010 | 5.99% | 14.69% |
| Dec 31, 2009 | 5.68% | 13.64% |
| Dec 31, 2008 | 6.10% | 14.32% |
| Dec 31, 2007 | 3.71% | 12.84% |
| Dec 31, 2006 | 7.25% | 12.19% |
| Dec 31, 2005 | 8.55% | 11.53% |
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., ROA, long-term trends, comparison to industry (information technology)
| Fiserv Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2021 | 1.75% | 14.52% |
| Dec 31, 2020 | 1.28% | 11.46% |
| Dec 31, 2019 | 1.15% | 11.67% |
| Dec 31, 2018 | 10.54% | 10.94% |
| Dec 31, 2017 | 12.11% | 9.00% |
| Dec 31, 2016 | 9.55% | 9.68% |
| Dec 31, 2015 | 7.62% | 11.51% |
| Dec 31, 2014 | 8.08% | 12.33% |
| Dec 31, 2013 | 6.81% | 13.22% |
| Dec 31, 2012 | 7.19% | 14.06% |
| Dec 31, 2011 | 5.52% | 15.11% |
| Dec 31, 2010 | 5.99% | 14.45% |
| Dec 31, 2009 | 5.68% | 10.04% |
| Dec 31, 2008 | 6.10% | 11.87% |
| Dec 31, 2007 | 3.71% | 11.93% |
| Dec 31, 2006 | 7.25% | 12.20% |
| Dec 31, 2005 | 8.55% | 12.71% |
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).