15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.4% per year over the past 5 years.
Net income has grown faster than revenue (29.4% vs 7.4% per year).
Operating margin has expanded, at 27.5% in the latest year.
Free cash flow has grown 5.8% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (2.6% vs 7.4% per year).
Operating income covered interest expense 3.8× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$21.2B
$3.5B
0.0%
27.5%
13.5%
4.3%
$4.3B
—
$798M
2024
$20.5B
$3.1B
0.0%
28.7%
11.6%
4.1%
$5.1B
$24.8B
$1.2B
2023
$19.1B
$3.1B
0.0%
26.3%
10.3%
3.4%
$3.8B
$23.1B
$1.2B
2022
$17.7B
$2.5B
0.0%
21.1%
8.2%
3.0%
$3.1B
$21.4B
$902M
2021
$16.2B
$1.3B
0.0%
14.1%
4.3%
1.7%
$2.9B
$21.2B
$835M
2020
$14.9B
$958M
0.0%
12.5%
3.0%
1.3%
$3.2B
$20.7B
$906M
2019
—
$893M
—
—
2.7%
1.2%
$2.1B
$21.9B
$893M
2018
$5.8B
$1.2B
87.2%
30.1%
51.8%
10.5%
$1.2B
—
—
2017
$5.7B
$1.2B
87.1%
26.9%
45.6%
12.1%
—
—
—
2016
$5.5B
$930M
86.4%
26.2%
36.6%
9.5%
—
—
—
2015
$5.3B
$712M
86.1%
25.0%
26.8%
7.6%
—
—
—
2014
$5.1B
$754M
85.8%
23.9%
22.9%
8.1%
—
—
—
2013
$4.8B
$648M
85.6%
22.0%
18.1%
6.8%
—
—
$400M
2012
$4.4B
$611M
85.8%
23.6%
17.9%
7.2%
—
$3.2B
$358M
2011
$4.3B
$472M
86.0%
23.1%
14.5%
5.5%
—
$3.4B
$337M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$5.3B
$627M
0.0%
19.2%
2.3%
0.8%
$985M
—
$627M
Mar '26
$5.0B
$571M
0.0%
18.3%
2.2%
0.7%
$141M
—
$829M
Dec '25
—
$811M
—
—
3.1%
1.0%
$1.5B
—
$798M
Sep '25
—
$792M
—
—
3.2%
1.0%
$1.3B
—
$1.1B
Jun '25
$5.5B
$1.0B
0.0%
30.7%
4.1%
1.3%
$1.2B
—
$999M
Mar '25
$5.1B
$851M
0.0%
27.2%
3.3%
1.1%
$313M
—
$1.2B
Dec '24
—
$938M
—
—
3.5%
1.2%
$1.8B
$24.8B
$1.2B
Sep '24
—
$564M
—
—
2.0%
0.7%
$1.8B
—
$1.2B
Jun '24
—
$894M
—
—
3.2%
1.0%
$993M
—
$1.2B
Mar '24
—
$735M
—
—
2.6%
0.8%
$411M
—
$1.2B
Dec '23
—
$870M
—
—
2.9%
1.0%
$1.2B
$23.1B
$1.2B
Sep '23
—
$952M
—
—
3.2%
1.1%
$1.2B
—
$1.3B
Jun '23
—
$683M
—
—
2.3%
0.9%
$538M
—
$1.1B
Mar '23
—
$563M
—
—
1.9%
0.7%
$791M
—
$1.0B
Dec '22
—
$782M
—
—
2.5%
0.9%
$1.3B
$21.4B
$902M
Sep '22
$4.5B
$481M
0.0%
18.9%
1.6%
0.6%
$750M
—
—
Jun '22
$4.5B
$598M
0.0%
19.3%
1.9%
0.8%
$603M
—
—
Mar '22
$4.1B
$669M
0.0%
20.4%
2.1%
0.9%
$484M
—
—
Dec '21
$4.3B
$333M
0.0%
12.5%
1.1%
0.4%
$997M
$21.2B
$835M
Sep '21
$4.2B
$428M
0.0%
15.3%
1.4%
0.6%
$358M
—
—
Valuation over time
How the market has priced FISV against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 23.8× (Mar '23) to 8.9× (Nov '26).
The price-to-sales ratio has fallen from 3.4× (Mar '23) to 1.5× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is FISV growing its revenue and profit?
Over the past 5 years, Fiserv's revenue has grown 7.4% per year, and net income grown 29.4% per year. These are computed facts, not advice.
How much debt does FISV have?
As of FY2025, Fiserv reported — of total debt against $798M of cash; operating income covered interest expense 3.8×.
What is FISV's profit margin?
In FY2025, gross margin was —, operating margin 27.5%, and net margin 16.4%.
What is FISV's P/E ratio?
Fiserv's P/E (TTM) is 11.09 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the FISV stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 8.9× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.