Cash flow Fiserv, Inc.

Equities

FISV

US3377381088

Business Support Services

Market Closed - Nasdaq Other stock markets 04:00:00 2025-12-09 pm EST			5-day change	1st Jan Change
66.21 ^USD	+0.73%		+4.70%	-67.77%

Dec. 04	Fiserv Shares Fall After JPMorgan Downgrade	MT
Dec. 04	191,000 and Confused

4b0046fff19e9ffbbe1824e7dd37d.PJbMup1dDtaQtYihr9HTEiaflcvYLGwp36t0CBI_2-c.DuGu_cQ0d53j1_3UnbOKfWOu8o2VHSgYmJIOWGAKtqxyr4f39QlPuPT35w

Published financial data: FISERV, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	14.85B	16.23B	17.74B	19.09B	20.46B
Total Revenues	14.85B	16.23B	17.74B	19.09B	20.46B
Cost of Goods Sold, Total	7.69B	8.13B	7.99B	7.67B	8.01B
Gross Profit	7.16B	8.1B	9.74B	11.42B	12.44B
Selling General & Admin Expenses, Total	5.53B	5.8B	6.04B	6.58B	6.56B
Other Operating Expenses, Total	5.53B	5.8B	6.04B	6.58B	6.56B
Operating Income	1.63B	2.3B	3.7B	4.85B	5.88B
Interest Expense, Total	-716M	-696M	-746M	-1B	-1.24B
Interest And Investment Income	7M	3M	13M	28M	43M
Net Interest Expenses	-709M	-693M	-733M	-976M	-1.2B
Income (Loss) On Equity Invest.	-	100M	220M	-15M	-685M
Currency Exchange Gains (Loss)	-	12M	-62M	-164M	-98M
Other Non Operating Income (Expenses)	28M	27M	-32M	24M	38M
EBT, Excl. Unusual Items	949M	1.75B	3.09B	3.72B	3.94B
Restructuring Charges	-242M	-15M	-14M	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	32M	-	-	29M
Gain (Loss) On Sale Of Assets	464M	-	54M	167M	-
Other Unusual Items	-	-	-	-	-147M
EBT, Incl. Unusual Items	1.17B	1.77B	3.13B	3.88B	3.82B
Income Tax Expense	196M	363M	551M	754M	641M
Earnings From Continuing Operations	975M	1.4B	2.58B	3.13B	3.18B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	975M	1.4B	2.58B	3.13B	3.18B
Minority Interest	-17M	-69M	-52M	-61M	-49M
Net Income - (IS)	958M	1.33B	2.53B	3.07B	3.13B
Net Income to Common Incl Extra Items	958M	1.33B	2.53B	3.07B	3.13B
Net Income to Common Excl. Extra Items	958M	1.33B	2.53B	3.07B	3.13B
Per Share Items
Net EPS - Basic	1.43	2.01	3.94	5.02	5.41
Basic EPS - Continuing Operations	1.43	2.01	3.94	5.02	5.41
Basic Weighted Average Shares Outstanding	672M	663M	642M	612M	579M
Net EPS - Diluted	1.4	1.99	3.91	4.98	5.38
Diluted EPS - Continuing Operations	1.4	1.99	3.91	4.98	5.38
Diluted Weighted Average Shares Outstanding	683M	672M	648M	616M	582M
Normalized Basic EPS	0.86	1.55	2.93	3.7	4.17
Normalized Diluted EPS	0.84	1.52	2.9	3.67	4.15
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	4.72B	5.5B	6.87B	7.97B	8.97B
EBITA	4.14B	4.85B	6.14B	7.21B	8.18B
EBIT	1.63B	2.3B	3.7B	4.85B	5.88B
EBITDAR	4.92B	5.66B	7.06B	8.15B	9.17B
Total Revenues (As Reported)	14.85B	16.23B	17.74B	19.09B	20.46B
Effective Tax Rate - (Ratio)	16.74	20.55	17.59	19.42	16.78
Current Domestic Taxes	46M	516M	977M	1.06B	1.07B
Current Foreign Taxes	79M	109M	132M	204M	230M
Total Current Taxes	125M	625M	1.11B	1.26B	1.3B
Deferred Domestic Taxes	155M	-292M	-423M	-392M	-519M
Deferred Foreign Taxes	-84M	30M	-135M	-119M	-143M
Total Deferred Taxes	71M	-262M	-558M	-511M	-662M
Normalized Net Income	576M	1.02B	1.88B	2.26B	2.41B
Interest on Long-Term Debt	21M	23M	17M	31M	39M
Non-Cash Pension Expense	-4M	-7M	-1M	3M	5M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	198M	162M	186M	185M	193M
Imputed Operating Lease Interest Expense	51.64M	41.71M	50.29M	64.5M	77.21M
Imputed Operating Lease Depreciation	146M	120M	136M	120M	116M
Stock-Based Comp., Other (Total)	369M	239M	323M	342M	367M
Total Stock-Based Compensation	369M	239M	323M	342M	367M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	906M	835M	902M	1.2B	1.24B
Total Cash And Short Term Investments	906M	835M	902M	1.2B	1.24B
Accounts Receivable, Total	2.48B	2.86B	3.58B	3.58B	3.72B
Other Receivables	-	-	-	-	501M
Total Receivables	2.48B	2.86B	3.58B	3.58B	4.23B
Inventory	-	-	-	-	404M
Prepaid Expenses	953M	1.11B	1.14B	-	-
Other Current Assets, Total	11.88B	14.07B	21.91B	30.02B	17.61B
Total Current Assets	16.22B	18.87B	27.54B	34.81B	23.48B
Gross Property Plant And Equipment	3.42B	3.81B	4.75B	5.47B	5.67B
Accumulated Depreciation	-1.28B	-1.49B	-2.21B	-2.68B	-2.7B
Net Property Plant And Equipment	2.13B	2.32B	2.54B	2.79B	2.97B
Long-term Investments	2.92B	2.67B	2.54B	2.42B	1.76B
Goodwill	36.32B	36.43B	36.81B	37.2B	36.58B
Other Intangibles, Total	15.36B	14.01B	12.42B	11.21B	9.94B
Accounts Receivable Long-Term	433M	541M	551M	754M	832M
Deferred Tax Assets Long-Term	28M	42M	56M	80M	76M
Deferred Charges Long-Term	697M	814M	915M	975M	1B
Other Long-Term Assets, Total	514M	549M	495M	648M	541M
Total Assets	74.62B	76.25B	83.87B	90.89B	77.18B
Liabilities
Accounts Payable, Total	437M	593M	652M	449M	511M
Accrued Expenses, Total	1.79B	1.9B	1.8B	1.85B	1.96B
Short-term Borrowings	144M	240M	198M	442M	784M
Current Portion of Long-Term Debt	136M	138M	114M	126M	117M
Current Portion of Leases	229M	252M	280M	305M	325M
Current Income Taxes Payable	130M	154M	432M	203M	261M
Unearned Revenue Current, Total	546M	585M	625M	761M	819M
Other Current Liabilities	12.22B	14.44B	22.35B	29.42B	17.38B
Total Current Liabilities	15.64B	18.3B	26.46B	33.55B	22.16B
Long-Term Debt	20.03B	20.42B	20.58B	21.93B	23.31B
Long-Term Leases	742M	928M	994M	1.1B	1.07B
Unearned Revenue Non Current	187M	225M	235M	250M	263M
Deferred Tax Liability Non Current	4.39B	4.17B	3.6B	3.08B	2.48B
Other Non Current Liabilities	306M	263M	308M	313M	209M
Total Liabilities	41.29B	44.3B	52.18B	60.22B	49.49B
Common Stock, Total	8M	8M	8M	8M	8M
Additional Paid In Capital	23.64B	22.98B	23.01B	23.1B	23.08B
Retained Earnings	13.44B	14.85B	17.38B	20.44B	23.58B
Treasury Stock	-4.38B	-6.14B	-8.38B	-12.92B	-18.18B
Comprehensive Income and Other	-387M	-745M	-1.19B	-783M	-1.41B
Total Common Equity	32.33B	30.95B	30.83B	29.86B	27.07B
Minority Interest	999M	998M	860M	812M	618M
Total Equity	33.33B	31.95B	31.69B	30.67B	27.69B
Total Liabilities And Equity	74.62B	76.25B	83.87B	90.89B	77.18B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	669M	652M	628M	590M	561M
ECS Total Common Shares Outstanding	669M	650M	630M	594M	564M
Book Value / Share	48.32	47.62	48.93	50.26	47.99
Tangible Book Value	-19.35B	-19.49B	-18.4B	-18.56B	-19.46B
Tangible Book Value Per Share	-28.92	-29.98	-29.2	-31.24	-34.5
Total Debt	21.28B	21.97B	22.17B	23.9B	25.61B
Net Debt	20.37B	21.14B	21.27B	22.7B	24.37B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-140M	-209M	-113M	-104M	-39M
Debt Equivalent Oper. Leases	1.58B	1.3B	1.49B	1.48B	1.54B
Minority Interest, Total (Incl. Fin. Div)	999M	998M	860M	812M	618M
Equity Method Investments, Total	2.76B	2.56B	2.4B	2.26B	1.51B
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	54M	48M	47M	48M	44M
Buildings, Total	555M	512M	724M	801M	845M
Machinery, Total	2.3B	2.67B	3.4B	4B	4.18B
Full Time Employees	44K	44K	41K	42K	38K
Accumulated Allowance for Doubtful Accounts (Supple)	48M	55M	52M	86M	71M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	958M	1.33B	2.53B	3.07B	3.13B
Depreciation & Amortization - CF	585M	648M	728M	761M	795M
Amortization of Goodwill and Intangible Assets - (CF)	2.51B	2.55B	2.44B	2.36B	2.3B
Depreciation & Amortization, Total	3.09B	3.2B	3.17B	3.12B	3.1B
Amortization of Deferred Charges, Total - (CF)	47M	52M	43M	41M	43M
(Gain) Loss From Sale Of Asset	-464M	-	-54M	-167M	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	242M	15M	14M	-	-
(Income) Loss On Equity Investments - (CF)	42M	-66M	-147M	70M	724M
Stock-Based Compensation (CF)	369M	239M	323M	342M	367M
Tax Benefit from Stock Options	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	72M	-241M	-516M	-401M	-391M
Change In Accounts Receivable	320M	-358M	-770M	23M	-169M
Change In Accounts Payable	-146M	303M	511M	-54M	426M
Change in Unearned Revenues	71M	77M	58M	155M	70M
Change in Other Net Operating Assets	-456M	-517M	-543M	-1.04B	-665M
Cash from Operations	4.15B	4.03B	4.62B	5.16B	6.63B
Capital Expenditure	-900M	-1.16B	-1.48B	-1.39B	-1.57B
Cash Acquisitions	-139M	-848M	-988M	-13M	-
Divestitures	579M	-	246M	234M	-
Investment in Marketable and Equity Securities, Total	108M	378M	109M	102M	-34M
Other Investing Activities, Total	11M	-	-	-3M	-801M
Cash from Investing	-341M	-1.63B	-2.11B	-1.07B	-2.4B
Short Term Debt Issued, Total	-	1.74B	1.84B	-	278M
Long-Term Debt Issued, Total	8.9B	6.44B	1.62B	5.57B	6.78B
Total Debt Issued	8.9B	8.18B	3.46B	5.57B	7.06B
Short Term Debt Repaid, Total	-6M	-	-	-1.46B	-
Long-Term Debt Repaid, Total	-10.92B	-7.88B	-3.32B	-3.02B	-5.4B
Total Debt Repaid	-10.92B	-7.88B	-3.32B	-4.47B	-5.4B
Issuance of Common Stock	133M	140M	149M	101M	97M
Repurchase of Common Stock	-1.83B	-2.79B	-2.68B	-4.83B	-5.84B
Other Financing Activities, Total	-116M	610M	-86M	-726M	-90M
Cash from Financing	-3.84B	-1.74B	-2.48B	-4.36B	-4.16B
Foreign Exchange Rate Adjustments	16M	-27M	-41M	33M	-32M
Net Change in Cash	-14M	636M	-13M	-229M	30M
Supplemental Items
Cash Interest Paid	673M	648M	703M	879M	1.15B
Cash Income Tax Paid (Refund)	156M	666M	709M	1.22B	1.17B
Levered Free Cash Flow	3.85B	3.15B	3.5B	4.37B	4.45B
Unlevered Free Cash Flow	4.25B	3.53B	3.92B	4.95B	5.19B
Change In Net Working Capital	-668M	185M	406M	152M	382M
Net Debt Issued / Repaid	-2.03B	295M	136M	1.1B	1.66B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.34	1.91	2.89	3.47	4.37
Return on Total Capital	1.82	2.65	4.29	5.59	6.81
Return On Equity %	2.86	4.3	8.11	10.04	10.9
Return on Common Equity	2.93	4.22	8.19	10.11	11
Margin Analysis
Gross Profit Margin %	48.2	49.91	54.94	59.83	60.83
SG&A Margin	37.22	35.71	34.08	34.44	32.09
EBITDA Margin %	31.79	33.89	38.73	41.73	43.87
EBITA Margin %	27.85	29.9	34.62	37.75	39.98
EBIT Margin %	10.97	14.19	20.86	25.39	28.74
Income From Continuing Operations Margin %	6.56	8.65	14.56	16.39	15.55
Net Income Margin %	6.45	8.22	14.26	16.07	15.31
Net Avail. For Common Margin %	6.45	8.22	14.26	16.07	15.31
Normalized Net Income Margin	3.88	6.31	10.61	11.84	11.8
Levered Free Cash Flow Margin	25.9	19.39	19.71	22.87	21.78
Unlevered Free Cash Flow Margin	28.6	21.75	22.1	25.94	25.35
Asset Turnover
Asset Turnover	0.2	0.22	0.22	0.22	0.24
Fixed Assets Turnover	6.72	7.29	7.3	7.16	7.11
Receivables Turnover (Average Receivables)	5.64	6.07	5.5	5.33	5.6
Inventory Turnover (Average Inventory)	-	-	-	-	19.38
Short Term Liquidity
Current Ratio	1.04	1.03	1.04	1.04	1.06
Quick Ratio	0.22	0.2	0.17	0.14	0.25
Operating Cash Flow to Current Liabilities	0.27	0.22	0.17	0.15	0.3
Days Sales Outstanding (Average Receivables)	64.86	60.08	66.31	68.51	65.37
Days Outstanding Inventory (Average Inventory)	-	-	-	-	18.89
Average Days Payable Outstanding	19.72	23.13	28.43	26.2	21.98
Cash Conversion Cycle (Average Days)	-	-	-	-	62.28
Long Term Solvency
Total Debt/Equity	63.85	68.78	69.96	77.93	92.5
Total Debt / Total Capital	38.97	40.75	41.16	43.8	48.05
LT Debt/Equity	62.32	66.8	68.1	75.09	88.07
Long-Term Debt / Total Capital	38.04	39.58	40.06	42.2	45.75
Total Liabilities / Total Assets	55.33	58.1	62.22	66.26	64.13
EBIT / Interest Expense	2.28	3.31	4.96	4.83	4.75
EBITDA / Interest Expense	6.87	8.13	9.46	8.12	7.4
(EBITDA - Capex) / Interest Expense	5.61	6.47	7.47	6.74	6.14
Total Debt / EBITDA	4.33	3.88	3.14	2.93	2.79
Net Debt / EBITDA	4.14	3.73	3.01	2.78	2.66
Total Debt / (EBITDA - Capex)	5.29	4.88	3.98	3.53	3.37
Net Debt / (EBITDA - Capex)	5.07	4.7	3.81	3.36	3.21
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	45.79	9.25	9.31	7.64	7.14
Gross Profit, 1 Yr. Growth %	46.74	15.03	20.34	17.22	8.93
EBITDA, 1 Yr. Growth %	42.14	19.44	24.91	16	12.63
EBITA, 1 Yr. Growth %	39.29	20.7	26.59	17.36	12.86
EBIT, 1 Yr. Growth %	-2.45	52.31	60.66	31	21.29
Earnings From Cont. Operations, 1 Yr. Growth %	6.67	43.9	84.03	21.19	1.63
Net Income, 1 Yr. Growth %	7.28	39.25	89.66	21.26	2.05
Normalized Net Income, 1 Yr. Growth %	-25.57	103.86	81.47	20.22	6.69
Diluted EPS Before Extra, 1 Yr. Growth %	-18.13	42.14	96.48	27.37	8.03
Accounts Receivable, 1 Yr. Growth %	-10.78	15.23	25.35	-0.08	3.99
Inventory, 1 Yr. Growth %	-	-	-	-	-4.49
Net Property, Plant and Equip., 1 Yr. Growth %	-6.9	8.68	9.8	9.63	6.45
Total Assets, 1 Yr. Growth %	-3.77	2.18	9.99	8.37	-15.09
Tangible Book Value, 1 Yr. Growth %	-6.53	0.72	-5.6	0.87	4.84
Common Equity, 1 Yr. Growth %	-1.97	-4.26	-0.4	-3.15	-9.34
Cash From Operations, 1 Yr. Growth %	41.63	-2.72	14.48	11.78	28.46
Capital Expenditures, 1 Yr. Growth %	24.83	28.89	27.5	-6.15	13.04
Levered Free Cash Flow, 1 Yr. Growth %	299.3	-16.62	11.12	24.87	2.03
Unlevered Free Cash Flow, 1 Yr. Growth %	268.29	-15.44	11.05	26.35	4.7
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	59.71	26.21	9.28	8.48	7.39
Gross Profit, 2 Yr. CAGR %	61.22	28.22	17.65	18.77	13
EBITDA, 2 Yr. CAGR %	51	27.74	22.15	20.37	14.42
EBITA, 2 Yr. CAGR %	48.62	26.78	23.61	21.89	15.93
EBIT, 2 Yr. CAGR %	3.35	15.75	56.43	45.07	26.29
Earnings From Cont. Operations, 2 Yr. CAGR %	-9.37	23.9	62.73	49.34	10.98
Net Income, 2 Yr. CAGR %	-10.16	22.22	62.51	51.65	11.25
Normalized Net Income, 2 Yr. CAGR %	-17.43	12.86	93.51	47.7	13.52
Diluted EPS Before Extra, 2 Yr. CAGR %	-30.16	7.88	67.12	58.19	17.3
Accounts Receivable, 2 Yr. CAGR %	53.82	1.39	20.18	11.91	1.93
Net Property, Plant and Equip., 2 Yr. CAGR %	131.45	0.59	9.24	9.71	8.03
Total Assets, 2 Yr. CAGR %	157.4	-0.84	6.02	9.18	-4.07
Tangible Book Value, 2 Yr. CAGR %	86.69	-2.97	-2.49	-2.42	2.84
Common Equity, 2 Yr. CAGR %	275.49	-3.12	-2.35	-1.78	-6.3
Cash From Operations, 2 Yr. CAGR %	61.25	17.38	5.53	13.12	19.83
Capital Expenditures, 2 Yr. CAGR %	58.11	26.84	28.19	9.39	3
Levered Free Cash Flow, 2 Yr. CAGR %	94.77	77.96	-3.74	17.8	13.02
Unlevered Free Cash Flow, 2 Yr. CAGR %	94.42	72.7	-3.1	18.46	15.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	37.64	40.72	20.3	8.73	8.03
Gross Profit, 3 Yr. CAGR %	38.88	43.26	25.53	17.51	15.39
EBITDA, 3 Yr. CAGR %	34.26	38.47	26.79	20.06	17.73
EBITA, 3 Yr. CAGR %	30.82	37.33	26.72	21.49	19.02
EBIT, 3 Yr. CAGR %	2.31	14.7	29.11	47.45	36.67
Earnings From Cont. Operations, 3 Yr. CAGR %	-7.5	5.73	41.36	47.5	31.36
Net Income, 3 Yr. CAGR %	-8.39	3.97	41.5	47.4	32.9
Normalized Net Income, 3 Yr. CAGR %	-12.58	6.62	32.76	65.12	32.53
Diluted EPS Before Extra, 3 Yr. CAGR %	-21.19	-11.49	31.74	52.65	39.31
Accounts Receivable, 3 Yr. CAGR %	35.53	39.7	8.82	13.01	9.21
Net Property, Plant and Equip., 3 Yr. CAGR %	76.16	79.89	3.57	9.37	8.62
Total Assets, 3 Yr. CAGR %	93.56	89.18	2.65	6.8	0.4
Tangible Book Value, 3 Yr. CAGR %	59.81	51.98	-3.86	-1.38	-0.06
Common Equity, 3 Yr. CAGR %	127.91	138.1	-2.22	-2.62	-4.37
Cash From Operations, 3 Yr. CAGR %	40.29	36.25	16.4	7.57	18.02
Capital Expenditures, 3 Yr. CAGR %	46.37	47.7	27.06	15.54	10.59
Levered Free Cash Flow, 3 Yr. CAGR %	54.2	45.85	52.11	4.98	12.29
Unlevered Free Cash Flow, 3 Yr. CAGR %	54.84	46.45	49.06	5.87	13.68
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	23.1	24.13	25.51	26.81	14.96
Gross Profit, 5 Yr. CAGR %	25.01	26.04	29.54	32.91	20.36
EBITDA, 5 Yr. CAGR %	24.12	26.17	28.63	30.93	21.64
EBITA, 5 Yr. CAGR %	22.41	24.79	27.15	30.93	22.07
EBIT, 5 Yr. CAGR %	4.45	9.77	19.44	26	27.88
Earnings From Cont. Operations, 5 Yr. CAGR %	6.49	8.57	15.95	21.39	28.32
Net Income, 5 Yr. CAGR %	6.12	7.48	15.22	20.92	28.52
Normalized Net Income, 5 Yr. CAGR %	-4.72	2.78	16.88	21.76	24.58
Diluted EPS Before Extra, 5 Yr. CAGR %	-1.3	-0.88	6.45	11.65	25.76
Accounts Receivable, 5 Yr. CAGR %	25.35	25.96	29.17	27.84	6.01
Net Property, Plant and Equip., 5 Yr. CAGR %	40.03	41.74	45.51	47.61	5.33
Total Assets, 5 Yr. CAGR %	51.53	50.91	52.14	51.84	-0.09
Tangible Book Value, 5 Yr. CAGR %	34.4	33.1	31.15	27.3	-1.23
Common Equity, 5 Yr. CAGR %	64.8	64.87	62.38	67.08	-3.87
Cash From Operations, 5 Yr. CAGR %	25.24	23.03	25.19	26.48	17.76
Capital Expenditures, 5 Yr. CAGR %	20.18	31.95	38.81	30.98	16.83
Levered Free Cash Flow, 5 Yr. CAGR %	35	24.99	27.22	33.9	35
Unlevered Free Cash Flow, 5 Yr. CAGR %	34.52	25.51	27.92	34.53	34.38