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 9.1x (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.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation