Stock Analysis on Net

Fiserv Inc. (NASDAQ:FISV)

This company has been moved to the archive! The financial data has not been updated since April 28, 2022.

Analysis of Long-term (Investment) Activity Ratios 

Microsoft Excel

Long-term Activity Ratios (Summary)

Fiserv Inc., long-term (investment) activity ratios

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Net fixed asset turnover 9.31 9.12 6.34 14.63 14.61
Net fixed asset turnover (including operating lease, right-of-use asset) 7.00 6.97 4.45 14.63 14.61
Total asset turnover 0.21 0.20 0.13 0.52 0.55
Equity turnover 0.52 0.46 0.31 2.54 2.09

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).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Fiserv Inc. net fixed asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Fiserv Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2019 to 2020 and from 2020 to 2021.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Fiserv Inc. total asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Fiserv Inc. equity turnover ratio improved from 2019 to 2020 and from 2020 to 2021.

Net Fixed Asset Turnover

Fiserv Inc., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Revenue 16,226 14,852 10,187 5,823 5,696
Property and equipment, net 1,742 1,628 1,606 398 390
Long-term Activity Ratio
Net fixed asset turnover1 9.31 9.12 6.34 14.63 14.61
Benchmarks
Net Fixed Asset Turnover, Competitors2
Accenture PLC 30.83 28.68 31.06 32.91 32.23
Adobe Inc. 9.44 8.48 8.64 8.40 7.79
International Business Machines Corp. 10.07 7.33 7.71 7.38 7.12
Intuit Inc. 12.35 10.46 8.70 7.34 5.03
Mastercard Inc. 15.28 13.26 15.11 16.23 15.07
Microsoft Corp. 2.81 3.24 3.45 3.75 3.79
Oracle Corp. 5.74 6.26 6.32 6.75 7.10
PayPal Holdings Inc. 13.29 11.87 10.50 8.96 8.57
Salesforce Inc. 8.64 7.20 6.48 5.38 4.69
ServiceNow Inc. 7.70 6.85 7.39 7.51 7.89
Visa Inc. 8.88 7.98 8.53 8.34 8.15
Net Fixed Asset Turnover, Sector
Software & Services 5.11 5.49 5.89 6.18 6.22
Net Fixed Asset Turnover, Industry
Information Technology 4.54 4.32 4.37 4.63 4.76

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).

1 2021 Calculation
Net fixed asset turnover = Revenue ÷ Property and equipment, net
= 16,226 ÷ 1,742 = 9.31

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Fiserv Inc. net fixed asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

Fiserv Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Revenue 16,226 14,852 10,187 5,823 5,696
 
Property and equipment, net 1,742 1,628 1,606 398 390
Operating lease assets (included within Other long-term assets) 575 504 684
Property and equipment, net (including operating lease, right-of-use asset) 2,317 2,132 2,290 398 390
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 7.00 6.97 4.45 14.63 14.61
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
Accenture PLC 10.48 9.37 31.06 32.91 32.23
Adobe Inc. 7.46 6.42 8.64 8.40 7.79
International Business Machines Corp. 6.43 5.00 5.14 7.38 7.12
Intuit Inc. 8.30 8.00 8.70 7.34 5.03
Mastercard Inc. 9.90 8.04 9.24 16.23 15.07
Microsoft Corp. 2.37 2.70 2.87 3.05 3.79
Oracle Corp. 4.20 4.74 6.32 6.75 7.10
PayPal Holdings Inc. 9.88 8.53 8.18 8.96 8.57
Salesforce Inc. 3.75 3.16 6.48 5.38 4.69
ServiceNow Inc. 4.34 4.06 3.98 7.51 7.89
Visa Inc. 7.46 6.73 8.53 8.34 8.15
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector
Software & Services 3.90 4.10 4.83 5.53 6.22
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry
Information Technology 3.88 3.67 4.07 4.48 4.76

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).

1 2021 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Revenue ÷ Property and equipment, net (including operating lease, right-of-use asset)
= 16,226 ÷ 2,317 = 7.00

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Fiserv Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2019 to 2020 and from 2020 to 2021.

Total Asset Turnover

Fiserv Inc., total asset turnover calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Revenue 16,226 14,852 10,187 5,823 5,696
Total assets 76,249 74,619 77,539 11,262 10,289
Long-term Activity Ratio
Total asset turnover1 0.21 0.20 0.13 0.52 0.55
Benchmarks
Total Asset Turnover, Competitors2
Accenture PLC 1.17 1.20 1.45 1.70 1.62
Adobe Inc. 0.58 0.53 0.54 0.48 0.50
International Business Machines Corp. 0.43 0.47 0.51 0.65 0.63
Intuit Inc. 0.62 0.70 1.08 1.15 1.27
Mastercard Inc. 0.50 0.46 0.58 0.60 0.59
Microsoft Corp. 0.50 0.47 0.44 0.43 0.37
Oracle Corp. 0.31 0.34 0.36 0.29 0.28
PayPal Holdings Inc. 0.33 0.30 0.35 0.36 0.32
Salesforce Inc. 0.32 0.31 0.43 0.50 0.48
ServiceNow Inc. 0.55 0.52 0.57 0.67 0.57
Visa Inc. 0.29 0.27 0.32 0.30 0.27
Total Asset Turnover, Sector
Software & Services 0.46 0.45 0.48 0.48 0.45
Total Asset Turnover, Industry
Information Technology 0.59 0.54 0.56 0.57 0.49

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).

1 2021 Calculation
Total asset turnover = Revenue ÷ Total assets
= 16,226 ÷ 76,249 = 0.21

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Fiserv Inc. total asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021.

Equity Turnover

Fiserv Inc., equity turnover calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Selected Financial Data (US$ in millions)
Revenue 16,226 14,852 10,187 5,823 5,696
Total Fiserv, Inc. shareholders’ equity 30,952 32,330 32,979 2,293 2,731
Long-term Activity Ratio
Equity turnover1 0.52 0.46 0.31 2.54 2.09
Benchmarks
Equity Turnover, Competitors2
Accenture PLC 2.59 2.61 3.00 4.01 4.11
Adobe Inc. 1.07 0.97 1.06 0.96 0.86
International Business Machines Corp. 3.03 3.57 3.70 4.74 4.50
Intuit Inc. 0.98 1.50 1.81 2.53 3.82
Mastercard Inc. 2.58 2.39 2.86 2.77 2.29
Microsoft Corp. 1.18 1.21 1.23 1.33 1.24
Oracle Corp. 7.73 3.24 1.81 0.87 0.70
PayPal Holdings Inc. 1.17 1.07 1.05 1.00 0.82
Salesforce Inc. 0.51 0.50 0.85 1.12 1.12
ServiceNow Inc. 1.60 1.59 1.63 2.35 3.31
Visa Inc. 0.64 0.60 0.66 0.61 0.56
Equity Turnover, Sector
Software & Services 1.36 1.40 1.52 1.51 1.38
Equity Turnover, Industry
Information Technology 1.60 1.57 1.59 1.56 1.26

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).

1 2021 Calculation
Equity turnover = Revenue ÷ Total Fiserv, Inc. shareholders’ equity
= 16,226 ÷ 30,952 = 0.52

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Fiserv Inc. equity turnover ratio improved from 2019 to 2020 and from 2020 to 2021.