Discontinued — last reported Q3 '24

Business Segments · CapEx

Banking Solutions — CapEx

Fidelity National Information Services Banking Solutions — CapEx increased by 39.4% to $152.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 46.2%, from $104.00M to $152.00M. Over 2 years (FY 2021 to FY 2023), Banking Solutions — CapEx shows relatively stable performance with a -0.4% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ3 2024

How to read this metric

Higher investment generally supports future growth, provided it yields a sufficient return on invested capital.

Detailed definition

The investment made by the banking solutions segment in long-term assets to support service delivery, product developmen...

Peer comparison

Standard 'Capital Expenditures' metric used to assess investment intensity in technology segments.

Metric ID: fis_segment_banking_solutions_capital_expenditures

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$101.00M$94.00M$145.00M$160.00M$120.00M$111.00M$113.00M$98.00M$97.00M$104.00M$143.00M$118.00M$109.00M$152.00M
QoQ Change-6.9%+54.3%+10.3%-25.0%-7.5%+1.8%-13.3%-1.0%+7.2%+37.5%-17.5%-7.6%+39.4%
YoY Change+18.8%+18.1%-22.1%-38.8%-19.2%-6.3%+26.5%+20.4%+12.4%+46.2%
Range$94.00M$160.00M
CAGR+13.4%
Avg YoY Growth+5.6%
Median YoY Growth+15.2%

Frequently Asked Questions

What is Fidelity National Information Services's banking solutions — capex?
Fidelity National Information Services (FIS) reported banking solutions — capex of $152.00M in Q3 2024.
How has Fidelity National Information Services's banking solutions — capex changed year-over-year?
Fidelity National Information Services's banking solutions — capex increased by 46.2% year-over-year, from $104.00M to $152.00M.
What is the long-term trend for Fidelity National Information Services's banking solutions — capex?
Over 2 years (2021 to 2023), Fidelity National Information Services's banking solutions — capex has grown at a -0.4% compound annual growth rate (CAGR), from $446.00M to $442.00M.
What does banking solutions — capex mean?
Investment in long-term assets to support the banking solutions business.