Return on Equity (ROE)
since 2005
Calculation
Fidelity National Information Services Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net earnings attributable to FIS common stockholders1 | ÷ | Total FIS stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | -61.43% | = | 100 | × | (16,720) | ÷ | 27,218) |
| Dec 31, 2021 | 0.88% | = | 100 | × | 417) | ÷ | 47,347) |
| Dec 31, 2020 | 0.32% | = | 100 | × | 158) | ÷ | 49,300) |
| Dec 31, 2019 | 0.60% | = | 100 | × | 298) | ÷ | 49,440) |
| Dec 31, 2018 | 8.28% | = | 100 | × | 846) | ÷ | 10,215) |
| Dec 31, 2017 | 12.17% | = | 100 | × | 1,319) | ÷ | 10,835) |
| Dec 31, 2016 | 5.83% | = | 100 | × | 568) | ÷ | 9,741) |
| Dec 31, 2015 | 6.78% | = | 100 | × | 632) | ÷ | 9,321) |
| Dec 31, 2014 | 10.36% | = | 100 | × | 679) | ÷ | 6,557) |
| Dec 31, 2013 | 7.49% | = | 100 | × | 493) | ÷ | 6,581) |
| Dec 31, 2012 | 6.94% | = | 100 | × | 461) | ÷ | 6,641) |
| Dec 31, 2011 | 7.22% | = | 100 | × | 470) | ÷ | 6,503) |
| Dec 31, 2010 | 6.32% | = | 100 | × | 405) | ÷ | 6,403) |
| Dec 31, 2009 | 1.27% | = | 100 | × | 106) | ÷ | 8,309) |
| Dec 31, 2008 | 6.08% | = | 100 | × | 215) | ÷ | 3,533) |
| Dec 31, 2007 | 14.84% | = | 100 | × | 561) | ÷ | 3,781) |
| Dec 31, 2006 | 8.24% | = | 100 | × | 259) | ÷ | 3,143) |
| Dec 31, 2005 | 28.30% | = | 100 | × | 197) | ÷ | 695) |
Based on: 10-K (reporting date: 2022-12-31), 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 Return on Equity (ROE) for the period between 2005 and 2022 exhibits significant volatility, characterized by an initial phase of fluctuation, a decade of relative stability, a period of severe dilution, and a final collapse into deep negative territory.
- Early Performance and Volatility (2005–2009)
- The period began with a peak ROE of 28.30% in 2005, followed by a sharp decline to 8.24% in 2006. Although a recovery to 14.84% occurred in 2007, the subsequent years saw a precipitous drop, reaching a low of 1.27% by 2009. This decline was driven by a substantial reduction in net earnings, which fell from 561 million in 2007 to 106 million in 2009, coupled with a significant increase in stockholders' equity during the same timeframe.
- Period of Moderate Stability (2010–2016)
- Between 2010 and 2016, ROE remained relatively stable, fluctuating within a narrow band between 5.83% and 10.36%. During this interval, net earnings generally trended upward, peaking at 679 million in 2014, while stockholders' equity grew steadily from approximately 6.4 billion to 9.7 billion. The consistency in these figures suggests a period of controlled growth and predictable returns on invested capital.
- Earnings Spikes and Capital Expansion (2017–2021)
- A notable anomaly occurred in 2017, where net earnings spiked to 1.319 billion, pushing ROE to 12.17%. However, from 2019 onward, a dramatic shift in the capital structure is observed. Total stockholders' equity expanded rapidly, reaching 49.44 billion in 2019. Because net earnings simultaneously declined—dropping to 158 million by 2020—the ROE was severely diluted, falling below 1% for three consecutive years (2019–2021).
- Fiscal Collapse (2022)
- The analysis concludes with a catastrophic decline in 2022. Net earnings shifted from a positive 417 million in 2021 to a loss of 16.72 billion. Despite a reduction in total stockholders' equity to 27.218 billion, the magnitude of the net loss resulted in a negative ROE of -61.43%, representing the most significant deviation in the entire reporting period.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Comparison to Competitors
Fidelity National Information Services Inc., ROE, long-term trends, comparison to competitors
| Fidelity National Information Services 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, 2022 | -61.43% | 31.11% | 33.85% | -10.13% | 30.93% | -3.56% | 7.47% | 12.57% | 43.68% | — | -14.57% | -127.14% | 2.48% | 6.46% | 17.85% | 0.65% |
| Dec 31, 2021 | 0.88% | 30.25% | 32.59% | 1.66% | 25.39% | -1.99% | 30.38% | 20.89% | 43.15% | 262.43% | -22.71% | -78.63% | 9.81% | 6.22% | 14.31% | -8.62% |
| Dec 31, 2020 | 0.32% | 30.05% | 39.66% | — | 23.69% | -2.56% | 27.14% | 35.76% | 37.43% | 83.94% | -76.61% | -24.23% | 0.37% | 4.18% | 13.54% | -19.33% |
| Dec 31, 2019 | 0.60% | 33.17% | 28.03% | — | 47.03% | -2.14% | 45.25% | 41.53% | 38.35% | 50.87% | — | -5.16% | 7.11% | 29.45% | 13.04% | -21.36% |
| Dec 31, 2018 | 8.28% | 39.17% | 27.67% | — | 26.84% | — | 51.96% | 51.44% | 20.03% | 8.37% | — | -15.30% | 1.36% | -2.40% | 12.43% | -20.33% |
| Dec 31, 2017 | 12.17% | 38.50% | 20.02% | — | 20.63% | — | 32.70% | 71.71% | 29.29% | 17.33% | — | -28.52% | 2.40% | -25.53% | 4.17% | -35.11% |
| Dec 31, 2016 | 5.83% | 54.42% | 15.74% | — | 27.38% | — | 65.07% | 84.32% | 23.33% | 18.82% | — | -28.60% | -0.95% | -116.76% | 8.35% | -25.52% |
| Dec 31, 2015 | 6.78% | 49.78% | 8.99% | — | 18.34% | — | 92.48% | 15.65% | 15.23% | 20.42% | — | -33.81% | -6.61% | -35.01% | 7.21% | -22.02% |
| Dec 31, 2014 | 10.36% | 51.32% | 3.96% | — | 11.92% | — | 101.30% | 29.47% | 24.59% | 23.37% | — | -48.33% | -7.64% | -41.85% | 8.48% | -14.53% |
| Dec 31, 2013 | 7.49% | 66.16% | 4.31% | — | 14.21% | — | 72.32% | 24.30% | 27.69% | 24.47% | — | -10.74% | -11.67% | -18.70% | 8.89% | -20.12% |
| Dec 31, 2012 | 6.94% | 61.59% | 12.49% | — | 48.07% | — | 88.04% | 28.86% | 25.58% | 22.85% | — | 0.32% | -0.73% | -15.34% | 7.29% | — |
| Dec 31, 2011 | 7.22% | 58.72% | 14.40% | — | 17.57% | — | 78.73% | 24.24% | 40.55% | 21.49% | — | — | 5.05% | — | 10.53% | — |
| Dec 31, 2010 | 6.32% | 62.79% | 14.92% | — | 45.74% | — | 64.36% | 20.35% | 40.63% | 19.92% | — | — | 7.73% | — | 11.29% | — |
| Dec 31, 2009 | 1.27% | 55.08% | 7.90% | — | -138.29% | — | 59.31% | 17.49% | 36.83% | 22.29% | — | — | 6.46% | — | 9.09% | — |
| Dec 31, 2008 | 6.08% | 66.59% | 19.77% | — | -1,818.25% | — | 91.60% | 23.00% | 48.73% | 23.98% | — | — | 4.06% | — | 12.43% | — |
| Dec 31, 2007 | 14.84% | 60.25% | 15.57% | — | 14.24% | — | 36.59% | 21.62% | 45.23% | 25.26% | — | — | 0.17% | — | 9.08% | — |
| Dec 31, 2006 | 8.24% | 51.38% | 9.82% | — | 8.39% | — | 33.30% | 23.99% | 31.42% | 22.52% | — | — | 14.50% | — | 2.13% | — |
| Dec 31, 2005 | 28.30% | 55.42% | 32.34% | — | 2.67% | — | 23.97% | 22.51% | 25.47% | 26.63% | — | — | 5.06% | — | -1.27% | — |
Based on: 10-K (reporting date: 2022-12-31), 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)
Fidelity National Information Services Inc., ROE, long-term trends, comparison to sector (software & services)
| Fidelity National Information Services Inc. | Software & Services | |
|---|---|---|
| Dec 31, 2022 | -61.43% | 30.78% |
| Dec 31, 2021 | 0.88% | 35.91% |
| Dec 31, 2020 | 0.32% | 30.34% |
| Dec 31, 2019 | 0.60% | 35.56% |
| Dec 31, 2018 | 8.28% | 20.20% |
| Dec 31, 2017 | 12.17% | 23.83% |
| Dec 31, 2016 | 5.83% | 26.25% |
| Dec 31, 2015 | 6.78% | 23.04% |
| Dec 31, 2014 | 10.36% | 28.09% |
| Dec 31, 2013 | 7.49% | 31.71% |
| Dec 31, 2012 | 6.94% | 32.66% |
| Dec 31, 2011 | 7.22% | 38.82% |
| Dec 31, 2010 | 6.32% | 37.89% |
| Dec 31, 2009 | 1.27% | 35.98% |
| Dec 31, 2008 | 6.08% | 44.03% |
| Dec 31, 2007 | 14.84% | 35.48% |
| Dec 31, 2006 | 8.24% | 28.87% |
| Dec 31, 2005 | 28.30% | 24.91% |
Based on: 10-K (reporting date: 2022-12-31), 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)
Fidelity National Information Services Inc., ROE, long-term trends, comparison to industry (information technology)
| Fidelity National Information Services Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2022 | -61.43% | 38.03% |
| Dec 31, 2021 | 0.88% | 41.64% |
| Dec 31, 2020 | 0.32% | 35.38% |
| Dec 31, 2019 | 0.60% | 35.94% |
| Dec 31, 2018 | 8.28% | 30.23% |
| Dec 31, 2017 | 12.17% | 23.19% |
| Dec 31, 2016 | 5.83% | 23.00% |
| Dec 31, 2015 | 6.78% | 25.97% |
| Dec 31, 2014 | 10.36% | 25.43% |
| Dec 31, 2013 | 7.49% | 24.73% |
| Dec 31, 2012 | 6.94% | 26.09% |
| Dec 31, 2011 | 7.22% | 29.03% |
| Dec 31, 2010 | 6.32% | 27.62% |
| Dec 31, 2009 | 1.27% | 20.05% |
| Dec 31, 2008 | 6.08% | 25.24% |
| Dec 31, 2007 | 14.84% | 23.67% |
| Dec 31, 2006 | 8.24% | 22.58% |
| Dec 31, 2005 | 28.30% | 21.92% |
Based on: 10-K (reporting date: 2022-12-31), 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).