- #303 Fortune 1000 Revenue Rank
Company Profile
At Fidelity National Information Services (FIS), the check will never get lost in the mail. The company helps financial institutions, merchants, companies, and governmental entities conduct transactions through its range of software and services. It also offers outsourcing and consulting for the financial services industry. For banks and other financing entities, the company's offerings address financial functions such as core processing, decision and risk management, and retail payment solutions. FIS also provides payment services, such as electronic funds transfer, check and ticket processing, and credit card production and activation. In 2019, FIS acquired Worldpay, a payment processor, to expand its capabilities. North America accounts for about three-quarters of company's total revenue.
Fidelity National Information Services, Inc.
United States
At Fidelity National Information Services (FIS), the check will never get lost in the mail. The company helps financial institutions, merchants, companies, and governmental entities conduct transactions through its range of software and services. It also offers outsourcing and consulting for the financial services industry. For banks and other financing entities, the company's offerings address financial functions such as core processing, decision and risk management, and retail payment solutions. FIS also provides payment services, such as electronic funds transfer, check and ticket processing, and credit card production and activation. In 2019, FIS acquired Worldpay, a payment processor, to expand its capabilities. North America accounts for about three-quarters of company's total revenue.
Financial Statements
Financial data as of December 31, 2020 (12 month period) in USD
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Cash Flow (mil) | 2019 | 2018 | 2017 |
---|---|---|---|
Net Operating Cash | $2,410 | $1,993 | $1,741 |
Net Investing Cash | -$7,501 | -$668 | $690 |
Net Financing Cash | $7,581 | -$1,236 | -$2,480 |
Net Change in Cash | $2,490 | $89 | -$49 |
Cash at Beginning of Period | $703 | $665 | $683 |
Cash at End of Period | $3,211 | $703 | $665 |
Capital Expenditure | -$828 | -$622 | -$613 |
Assets (mil) | 2019 | 2018 | 2017 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $1,152 | $703 | $665 |
Accounts Receivable | $3,242 | $1,472 | $1,624 |
Inventories | $ | $ | $ |
Other Current Assets | $4,298 | $1,558 | $1,399 |
Asset Summary | |||
TOTAL CURRENT ASSETS | $8,692 | $3,733 | $3,688 |
Tangible Fixed Assets | $1,464 | $587 | $610 |
Intangible Assets | $19,002 | $4,927 | $5,613 |
Total Assets | $83,806 | $23,770 | $24,526 |
Liabilities (mil) | 2019 | 2018 | 2017 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $1,386 | $687 | $776 |
Short-Term Debt | $2,963 | $315 | $1,045 |
Other Current Liabilities | $6,033 | $2,123 | $2,190 |
Liability Summary | |||
Total Current Liabilities | $10,382 | $3,125 | $4,011 |
Long-Term Debt | $17,229 | $8,670 | $7,718 |
Other Long-Term Liabilities | $1,940 | $326 | $403 |
Total Liabilities | $34,350 | $13,548 | $13,706 |
Stakeholder's Equity (mil) | 2019 | 2018 | 2017 |
---|---|---|---|
Equity | |||
Common Stock | $6 | $4 | $4 |
Retained Earnings | $4,161 | $4,528 | $4,109 |
Equity Summary | |||
Total Equity | $49,440 | $10,215 | $10,711 |
Shares Outstanding | 614,000,000 | 327,000,000 | 333,000,000 |
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Company Snapshot
Essential information for a successful call
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EMPLOYEES (This Site)
2,200
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EMPLOYEES (All Sites)
55,000
- ASSETS (MIL USD) 83,806
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REVENUE (MIL USD)
10,333
- TICKER SYMBOL FIS
- Year Started 1961
- Incorporated 2001
- FISCAL YEAR END DEC
- SALES GROWTH % 22.68%
Get in Touch with 8 Principals* and 3,949 Contacts
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Gary A NorcrossPresident and Chief Executive Officer
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CHARLES DRUCKERVice Chairperson
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MARIANNE C BROWNExecutive and Vice President and Chief Operating Officer
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BRUCE F LOWTHERSExecutive and Vice President and Chief Operating Officer
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