Fiserv, Inc.FISV
NasdaqGS
Fiserv, Inc. (FISV) reported trailing twelve months revenue of $21.09B as of March 2026, a 1.9% increase year-over-year. Quarterly revenue reached $5.03B, reflecting continued top-line momentum.
Fiserv, Inc. generated $3.20B in TTM net income, with quarterly EBITDA of $918.00M. The operating margin contracted from 27.2% to 18.3%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (18.3%) and net margin (11.4%) indicates moderate non-operating costs. Net margin has narrowed from 16.6% a year ago, reflecting increased costs or interest expense.
FISV trades at a P/E of 9.0x (below the broader market average) and a P/S of 1.4x. The price-to-book ratio of 1.1x reflects a moderate premium to book value.
The company generated $141.00M in free cash flow over the trailing twelve months, a 55.0% decrease year-over-year, indicating cash generation ability. The balance sheet shows $80.55B in total assets with $27.86B in long-term debt against $26.20B in stockholders equity for a debt-to-equity ratio of 1.1. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~27.3% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~12.6% on average, adequate but below the threshold typically associated with wide moats.
8 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (6 of 7 quarters up), with ~6.6% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Operating margins declined 14.4% — watch for continued compression, which may signal competitive or cost pressure.
FCF covers net income by 1.4x on average — earnings are well-supported by cash generation.
D/E ratio is 1.1 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 8.3% — net buybacks are reducing shares outstanding and boosting per-share value.