FISERV INC（FISV）の決算・業績分析
FISERV INCの2025年有価証券報告書をAI分析。売上高$21.2B(+3.6%)。営業利益$5.8B。Industrials。
目次
FISERV INCの2025年度 業績サマリー
FISERV INC（証券コード: FISV）の2025年度決算・業績分析。売上高は$21.2B（前年比+3.6%）。営業利益は$5.8B（前年比-1.0%）。純利益は$3.5B（前年比+11.1%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
FISERV INCの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- FISV achieved $17.7B in revenue (+9.3% YoY) and $2.5B net income (+89.7% YoY) in FY2024, driven by strong operating income growth (+63.5% YoY to $3.7B) and a 24.2% EBITDA margin (XBRL).
- Free cash flow reached $3.1B, reflecting $4.6B operating cash flow and $1.5B CapEx (XBRL). The company maintained a 26.8% 5-year revenue CAGR, with operating income growing at 23.4% CAGR (XBRL).
- Despite a 2.02x debt-to-equity ratio (XBRL), FISV's 32.9% equity ratio and $902M cash position (XBRL) suggest manageable leverage, though its 1.04x current ratio indicates tight liquidity.
FISERV INCの売上高変化の要因
- •Revenue grew from $5.8B in FY2020 to $17.7B in FY2024, reflecting a 26.8% 5-year CAGR (XBRL). Operating income increased from $1.8B in FY2020 to $3.7B in FY2024 (+23.4% CAGR) (XBRL). While segment-specific revenue data is not disclosed (XBRL), the company's growth is attributed to its expanding product portfolio, high renewal rates, and strategic geographic expansion (10-K).
FISERV INCの営業利益変化の要因
- •Operating margin improved to 21.1% (XBRL), with net margin at 14.3% (XBRL). EBITDA reached $4.3B (24.2% margin) (XBRL), reflecting strong cost control and operational efficiency. Operating income surged 63.5% YoY to $3.7B (XBRL), while net income rose 89.7% YoY to $2.5B (XBRL). Gross profit data is not available (XBRL).
FISERV INCの事業リスクと対応
Competitive pressures from new entrants, tech firms, and in-house client capabilities (10-K).
Failure to adapt to AI advancements could risk client loss and growth limitations (10-K).
Contract renewal challenges or premature termination may harm revenue and client retention (10-K).
AI regulatory risks (U.S. state/local and international) may increase compliance costs and restrict AI use (10-K).
Reliance on third-party AI models poses risks related to data accuracy and bias (10-K).
FISERV INCの事業内容
FISERV INC provides payments and financial services technology solutions to merchants, banks, credit unions, and financial institutions (10-K). Its revenue model is based on account- and transaction-based fees under multi-year contracts, with 81% of revenue derived from processing and services (10-K). Key segments include Merchant Solutions (e.g., Clover POS, omnichannel systems) and Financial Solutions (card issuer processing, payments, e-commerce, and merchant acquiring) (10-K). The company's competitive advantages include innovation in integrated solutions, high contract renewal rates, global operations, and a diverse product portfolio (10-K).
FISERV INCのAI業績分析レポート（2024年度）
FISERV INC (FISV) FY2024 Annual Report Analysis
Highlights
Business Overview
FISERV INC provides payments and financial services technology solutions to merchants, banks, credit unions, and financial institutions (10-K). Its revenue model is based on account- and transaction-based fees under multi-year contracts, with 81% of revenue derived from processing and services (10-K). Key segments include Merchant Solutions (e.g., Clover POS, omnichannel systems) and Financial Solutions (card issuer processing, payments, e-commerce, and merchant acquiring) (10-K). The company's competitive advantages include innovation in integrated solutions, high contract renewal rates, global operations, and a diverse product portfolio (10-K).
Revenue Analysis
Revenue grew from $5.8B in FY2020 to $17.7B in FY2024, reflecting a 26.8% 5-year CAGR (XBRL). Operating income increased from $1.8B in FY2020 to $3.7B in FY2024 (+23.4% CAGR) (XBRL). While segment-specific revenue data is not disclosed (XBRL), the company's growth is attributed to its expanding product portfolio, high renewal rates, and strategic geographic expansion (10-K).
Profitability Analysis
Operating margin improved to 21.1% (XBRL), with net margin at 14.3% (XBRL). EBITDA reached $4.3B (24.2% margin) (XBRL), reflecting strong cost control and operational efficiency. Operating income surged 63.5% YoY to $3.7B (XBRL), while net income rose 89.7% YoY to $2.5B (XBRL). Gross profit data is not available (XBRL).
Balance Sheet Analysis
Total assets grew from $77.5B in FY2020 to $90.9B in FY2024 (XBRL), but total equity declined from $33.0B to $29.9B (XBRL). The debt-to-equity ratio was 2.02x (XBRL), with $23.73B in long-term debt (XBRL). Cash & equivalents stood at $902M (XBRL), and the current ratio was 1.04x (XBRL).
Cash Flow Analysis
Operating cash flow increased to $4.6B (XBRL), with free cash flow of $3.1B after $1.5B in CapEx (XBRL). Investing cash flow was -$2.1B (XBRL), and financing cash flow was -$2.5B (XBRL). CapEx intensity was 8.3% (XBRL), with a CapEx/D&A ratio of 2.66x (XBRL). No dividends or buybacks are disclosed (XBRL).
Working Capital Analysis
Receivables days were 74 (XBRL), payables days were 9 (XBRL), and asset turnover was 0.20x (XBRL). Inventory days and cash conversion cycle data are not available (XBRL).
Risks
Outlook
N/A. Management guidance and forward-looking trends are not explicitly mentioned in the provided data (10-K).
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | 5.8B | 10.2B | 14.9B | 16.2B | 17.7B | 19.1B |
| Operating Income | 1.8B | 1.6B | 1.9B | 2.3B | 3.7B | 5.0B |
| Net Income | 1.2B | 893M | 958M | 1.3B | 2.5B | 3.1B |
| Total Assets | 77.5B | 74.6B | 76.2B | 83.9B | 90.9B | 77.2B |
| Total Equity | 33.0B | 32.3B | 31.0B | 30.8B | 29.9B | 27.1B |
| Operating Cash Flow | 1.6B | 2.8B | 4.1B | 4.0B | 4.6B | 5.2B |
Industrialsの企業一覧
FISERV INCと同じ「Industrials」セクターの企業