Fiserv, Inc. (FISV) Financial Ratios
30 years of historical data (1996–2025) · Technology · Information Technology Services
EV/EBITDA
↓
6.66
↓-49% vs avg
5yr avg: 13.00
30Y Low7.4·High25.0
P/FCF
↓
7.06
↓-64% vs avg
5yr avg: 19.78
30Y Low8.5·High44.9
P/B Ratio
↓
1.22
↓-52% vs avg
5yr avg: 2.53
30Y Low1.4·High13.3
ROE
↑
13.0%
↓+43% vs avg
5yr avg: 9.1%
30Y Low3%·High47%
Debt/EBITDA
↓
3.29
+3% vs avg
5yr avg: 3.18
30Y Low0.7·High6.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FISV Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Fiserv, Inc. trades at 9.0x earnings, 71% below its 5-year average of 30.7x, sitting at the 0th percentile of its historical range. Compared to the Technology sector median P/E of 26.7x, the stock trades at a discount of 66%. On a free-cash-flow basis, the stock trades at 7.1x P/FCF, 64% below the 5-year average of 19.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $30.6B | $36.9B | $119.6B | $81.8B | $65.5B | $69.7B | $77.8B | $60.4B | $30.4B | $28.3B | $23.8B |
| Enterprise Value | $59.0B | $65.2B | $143.3B | $103.8B | $86.1B | $90.1B | $97.6B | $81.4B | $36.0B | $32.8B | $28.1B |
| P/E Ratio → | 9.03 | 10.59 | 38.18 | 26.67 | 25.92 | 52.16 | 81.33 | 67.62 | 25.61 | 22.69 | 25.55 |
| P/S Ratio | 1.45 | 1.74 | 5.85 | 4.29 | 3.69 | 4.30 | 5.24 | 5.93 | 5.22 | 4.96 | 4.32 |
| P/B Ratio | 1.22 | 1.43 | 4.32 | 2.67 | 2.07 | 2.18 | 2.33 | 1.73 | 13.26 | 10.35 | 9.36 |
| P/FCF | 7.06 | 8.49 | 23.62 | 21.68 | 20.86 | 24.25 | 23.96 | 29.14 | 25.51 | 23.64 | 20.86 |
| P/OCF | 5.02 | 6.04 | 18.03 | 15.85 | 14.18 | 17.28 | 18.76 | 21.62 | 19.59 | 19.07 | 16.63 |
P/E links to full P/E history page with 30-year chart
FISV EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Fiserv, Inc.'s enterprise value stands at 6.7x EBITDA, 49% below its 5-year average of 13.0x. The Technology sector median is 17.5x, placing the stock at a 62% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.08 | 7.01 | 5.44 | 4.86 | 5.55 | 6.57 | 7.99 | 6.17 | 5.77 | 5.10 |
| EV / EBITDA | 6.66 | 7.36 | 15.97 | 12.77 | 12.47 | 16.43 | 19.28 | 24.98 | 15.64 | 16.75 | 15.04 |
| EV / EBIT | 10.35 | 11.25 | 24.95 | 21.18 | 23.54 | 38.15 | 51.72 | 51.22 | 20.61 | 21.43 | 19.51 |
| EV / FCF | — | 15.02 | 28.31 | 27.52 | 27.44 | 31.35 | 30.06 | 39.26 | 30.16 | 27.47 | 24.59 |
FISV Profitability
Margins and return-on-capital ratios measuring operating efficiency
Fiserv, Inc. earns an operating margin of 26.9%. ROE of 13.0% is modest. ROIC of 8.1% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.4% | 59.4% | 60.8% | 59.8% | 54.9% | 49.9% | 47.4% | 47.9% | 47.3% | 46.9% | 46.2% |
| Operating Margin | 26.9% | 26.9% | 28.7% | 26.3% | 21.1% | 14.1% | 12.5% | 15.8% | 30.1% | 26.9% | 26.2% |
| Net Profit Margin | 16.4% | 16.4% | 15.3% | 16.1% | 14.3% | 8.2% | 6.5% | 8.8% | 20.4% | 21.9% | 16.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.0% | 13.0% | 10.7% | 9.8% | 8.0% | 4.1% | 2.8% | 4.8% | 47.3% | 47.3% | 35.8% |
| ROA | 4.4% | 4.4% | 3.7% | 3.5% | 3.2% | 1.8% | 1.3% | 2.0% | 11.0% | 12.4% | 9.7% |
| ROIC | 8.1% | 8.1% | 8.5% | 7.2% | 5.4% | 3.3% | 2.5% | 3.8% | 17.4% | 16.3% | 16.1% |
| ROCE | 10.2% | 10.2% | 10.5% | 8.7% | 6.5% | 3.9% | 3.1% | 4.5% | 19.9% | 18.8% | 18.3% |
FISV Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Fiserv, Inc. carries a Debt/EBITDA ratio of 3.3x, which is moderately leveraged (14% above the sector average of 2.9x). Net debt stands at $28.3B ($29.1B total debt minus $798M cash). Interest coverage of 3.9x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.13 | 1.13 | 0.90 | 0.76 | 0.68 | 0.66 | 0.62 | 0.63 | 2.60 | 1.79 | 1.80 |
| Debt / EBITDA | 3.29 | 3.29 | 2.78 | 2.86 | 3.12 | 3.87 | 4.09 | 6.72 | 2.59 | 2.50 | 2.44 |
| Net Debt / Equity | — | 1.10 | 0.86 | 0.72 | 0.65 | 0.64 | 0.59 | 0.60 | 2.42 | 1.68 | 1.68 |
| Net Debt / EBITDA | 3.20 | 3.20 | 2.64 | 2.71 | 2.99 | 3.72 | 3.91 | 6.44 | 2.41 | 2.33 | 2.28 |
| Debt / FCF | — | 6.52 | 4.69 | 5.84 | 6.58 | 7.10 | 6.09 | 10.13 | 4.65 | 3.83 | 3.74 |
| Interest Coverage | 3.88 | 3.88 | 4.64 | 4.88 | 4.90 | 3.39 | 2.64 | 3.14 | 9.23 | 8.76 | 8.82 |
FISV Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.03x means Fiserv, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.03 | 1.03 | 1.06 | 1.04 | 1.04 | 1.03 | 1.04 | 1.08 | 1.11 | 1.02 | 0.95 |
| Quick Ratio | 1.03 | 1.03 | 1.06 | 1.04 | 1.04 | 1.03 | 1.04 | 1.08 | 1.11 | 1.02 | 0.95 |
| Cash Ratio | 0.03 | 0.03 | 0.06 | 0.04 | 0.03 | 0.05 | 0.06 | 0.06 | 0.21 | 0.17 | 0.16 |
| Asset Turnover | — | 0.26 | 0.27 | 0.21 | 0.21 | 0.21 | 0.20 | 0.13 | 0.52 | 0.55 | 0.57 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 71.11 | 75.41 | 68.48 | 73.77 | 64.33 | 61.00 | 99.68 | 65.75 | 63.89 | 59.81 |
FISV Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Fiserv, Inc. returns 19.3% to shareholders annually primarily through share buybacks. The earnings yield of 11.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 11.1% | 9.4% | 2.6% | 3.7% | 3.9% | 1.9% | 1.2% | 1.5% | 3.9% | 4.4% | 3.9% |
| FCF Yield | 14.2% | 11.8% | 4.2% | 4.6% | 4.8% | 4.1% | 4.2% | 3.4% | 3.9% | 4.2% | 4.8% |
| Buyback Yield | 19.3% | 16.0% | 4.9% | 5.9% | 4.1% | 4.0% | 2.3% | 0.9% | 6.4% | 4.3% | 5.2% |
| Total Shareholder Yield | 19.3% | 16.0% | 4.9% | 5.9% | 4.1% | 4.0% | 2.3% | 0.9% | 6.4% | 4.3% | 5.2% |
| Shares Outstanding | — | $549M | $582M | $616M | $648M | $672M | $683M | $523M | $414M | $431M | $448M |
Peer Comparison
Compare FISV with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FISVYou | $31B | 9.0 | 6.7 | 7.1 | 59.4% | 26.9% | 13.0% | 8.1% | 3.3 |
 FIS | $24B | 62.1 | 7.6 | 9.8 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 |
 GPN | $16B | 11.9 | 10.4 | 8.1 | 72.6% | 19.1% | 6.0% | 3.0% | 7.6 |
 JKHY | $11B | 23.9 | 13.8 | 18.4 | 42.7% | 23.9% | 21.4% | 21.0% | — |
 V | $618B | 31.6 | 24.7 | 28.6 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 |
 MA | $440B | 30.1 | 21.8 | 26.0 | 83.4% | 59.2% | 209.9% | 56.5% | 0.9 |
 AXP | $217B | 20.5 | 14.6 | 13.5 | 83.2% | 17.1% | 34.0% | 12.0% | 3.7 |
 PAYX | $33B | 20.3 | 15.2 | 18.9 | 72.4% | 39.6% | 41.8% | 30.9% | 2.1 |
 WEX | $5B | 17.4 | 9.0 | 16.3 | 54.9% | 25.4% | 22.3% | 9.6% | 4.8 |
 JPM | $834B | 15.7 | 13.4 | — | 58.6% | 27.7% | 17.4% | 5.4% | 9.0 |
 BAC | $404B | 13.9 | 14.7 | 32.1 | 55.4% | 18.5% | 10.2% | 3.2% | 10.0 |
| Technology Median | — | 26.7 | 17.5 | 19.5 | 48.9% | -0.6% | 2.5% | 3.0% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonFISV — Frequently Asked Questions
Quick answers to the most common questions about buying FISV stock.
What is Fiserv, Inc.'s P/E ratio?
Fiserv, Inc.'s current P/E ratio is 9.0x. The historical average is 28.7x.
What is Fiserv, Inc.'s EV/EBITDA?
Fiserv, Inc.'s current EV/EBITDA is 6.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.2x.
What is Fiserv, Inc.'s ROE?
Fiserv, Inc.'s return on equity (ROE) is 13.0%. The historical average is 17.4%.
Is FISV stock overvalued?
Based on historical data, Fiserv, Inc. is trading at a P/E of 9.0x. Compare with industry peers and growth rates for a complete picture.
What are Fiserv, Inc.'s profit margins?
Fiserv, Inc. has 59.4% gross margin and 26.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Fiserv, Inc. have?
Fiserv, Inc.'s Debt/EBITDA ratio is 3.3x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.