BR vs FIS: Broadridge Financial Solutions and Fidelity National Information Services compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Broadridge Financial Solutions is the larger company, worth $19.4B, close to Fidelity National Information Services's $17.3B.
- Fidelity National Information Services grew revenue faster over the last year (+29.1% vs +7.5%).
- Broadridge Financial Solutions keeps more of each dollar of revenue as operating profit (17.4% vs 15.7%).
- On earnings, Fidelity National Information Services is the cheaper stock (6.5x vs 17.9x).
- Broadridge Financial Solutions's price assumes faster free cash flow growth: about 2% a year, against -3% for Fidelity National Information Services (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | BR | FIS |
|---|---|---|
| Market cap | $19.4B | $17.3B |
| Share price | $165.45 | $34.04 |
| Revenue (last fiscal year) | $7.5B | $10.7B |
| Free cash flow (last fiscal year) | $1.2B | $1.6B |
| Revenue growth, last year | +7.5% | +29.1% |
| Revenue growth per year, last 5 fiscal years | +7.0% | +3.4% |
| Operating margin | 17.4% | 15.7% |
| Net margin | 15.0% | 27.6% |
| Return on equity | 39.6% | 21.0% |
| P/E (trailing) | 17.9x | 6.47x |
| Price / free cash flow | 18.3x | 6.14x |
| EV / EBITDA | 11.0x | 7.35x |
| FCF growth the price implies | 1.8% | -3.3% |
| Dividend yield | 2.3% | 4.9% |
| Debt / equity | 2.15x | 1.75x |
| Fundamental grade | C | B |
| Superinvestors holding it | 6 | 9 |
| Insider purchases, last 12 months | 10 | 9 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Broadridge Financial Solutions
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $5.7B | $370M | 13.3% |
| 2023 | $6.1B | $748M | 15.4% |
| 2024 | $6.5B | $943M | 15.6% |
| 2025 | $6.9B | $1.1B | 17.3% |
| 2026 | $7.5B | $1.2B | 17.4% |
Fidelity National Information Services
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $9.3B | $3.6B | 11.1% |
| 2022 | $9.7B | $2.9B | 12.1% |
| 2023 | $9.8B | $3.6B | 14.7% |
| 2024 | $10.1B | $1.4B | 16.9% |
| 2025 | $10.7B | $1.6B | 16.3% |
Where the revenue comes from
Broadridge Financial Solutions · by segments, 2026
Fidelity National Information Services · by segments, 2025
Questions
Which is bigger, Broadridge Financial Solutions or Fidelity National Information Services?
Broadridge Financial Solutions (BR), at $19.4B against $17.3B.
Is BR or FIS cheaper?
By trailing P/E, Fidelity National Information Services (6.47x) is cheaper than Broadridge Financial Solutions (17.9x). A lower multiple can also mean the market expects less growth.
Which grows faster, BR or FIS?
Fidelity National Information Services: revenue grew +29.1% over the last year, against +7.5%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.