AAPL
Apple Inc.
AAPL has a slight edge over FIS overall, supported by stronger modeled upside and lower modeled downside.
FIS
Fidelity National Information Services, Inc.
FIS offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
FIS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Weak |
FIS's revenue, profitability and cash flow are currently strong, but its balance sheet is weak.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
FIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 4.2x | $28.36 | — |
| Forward | 5.1x | $28.36 | — |
| Cheap | 31x | $207 | +630% |
| Fair | 67x | $447 | +1477% |
| Expensive | 376x | $2,518 | +8780% |
Historical ranges are pointers, not guarantees.
FIS has the edge over AAPL in the historical PE scenario, which offers more potential upside but is not a forecast.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
AAPL has the edge over FIS on the outlook, with more favorable valuation and earnings expectations.
FIS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Decline | |
| Growth | |
| Strongly weakening | |
| Moderate | |
| Low |
Analysts expect FIS's revenue to grow, but its earnings and profitability to decline. However, they disagree widely on these estimates.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over FIS on earnings, with more consistent year-over-year improvement.
FIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.53 | -17% |
| Q3 2026 | $6.70 | +2381% |
| Q2 2026 | $6.51 | +3517% |
| Q1 2026 | $5.16 | +239% |
| Q4 2025 | $0.73 | -72% |
| Q3 2025 | $0.27 | -89% |
| Q2 2025 | $0.18 | -87% |
| Q1 2025 | $1.52 | +$11.75 |
| Q4 2024 | $2.62 | +$13.86 |
FIS's earnings per share have jumped to their highest in seven years: $6.70 over the past year, up from $0.27 the year before.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL has the edge over FIS on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL has the edge over FIS on profitability, with a higher operating margin.
FIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.5B | +27% |
| Q2 2026 | $3.4B | +29% |
| Q1 2026 | $3.3B | +30% |
| Q4 2025 | $2.8B | +8.2% |
| Q3 2025 | $2.7B | +5.7% |
| Q2 2025 | $2.6B | +5.1% |
| Q1 2025 | $2.5B | +2.6% |
| Q4 2024 | $2.6B | +3.5% |
FIS's revenue has grown year over year for nine quarters in a row: $3.5B last quarter, up 27% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | +2.3 points |
| Q2 2026 | 15% | -0.6 points |
| Q1 2026 | 13% | -0.9 points |
| Q4 2025 | 19% | -0.2 points |
| Q3 2025 | 17% | -2.3 points |
| Q2 2025 | 16% | +0.4 points |
| Q1 2025 | 14% | -0.9 points |
| Q4 2024 | 19% | +5.8 points |
FIS's operating margin was 19% last quarter, up 2.3 points from the same quarter a year ago, near the top of its range since 2019.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL's free cash flow has been positive every quarter for seven years: $136B over the past year, up 38% from the year before.
FIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $910M | -4.4% |
| Q2 2026 | $468M | +36% |
| Q1 2026 | $663M | +58% |
| Q4 2025 | $739M | -3.3% |
| Q3 2025 | $952M | +139% |
| Q2 2025 | $343M | -5.5% |
| Q1 2025 | $420M | +135% |
| Q4 2024 | $764M | -49% |
FIS's free cash flow has been positive every quarter for seven years: $2.8B over the past year, up 12% from the year before.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has the edge over FIS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
FIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | -1.1% | -6M shares |
| 3 years | -13% | -75M shares |
| 5 years | -16% | -102M shares |
| Available history | -17% | -108M shares |
FIS has 517M diluted shares, down 1.1% from a year ago, with $435M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $23M |
| Q2 2026 | $52M |
| Q1 2026 | $67M |
| Q4 2025 | $293M |
| Q3 2025 | $308M |
| Q2 2025 | $287M |
| Q1 2025 | $537M |
| Q4 2024 | $1B |
FIS spent $435M buying back its own shares over the past year, down 80% from the year before.
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL has the edge over FIS on leverage, with a lower net debt burden relative to earnings.
FIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.4x | High |
| Q2 2026 | 4.9x | High |
| Q1 2026 | 5.2x | High |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 3.5x | Elevated |
| Q1 2025 | 3.2x | Elevated |
| Q4 2024 | 3.0x | Elevated |
FIS's net debt is about 4.4 years of its operating earnings (EBITDA), up from 3.5 years a year ago.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
FIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.5 | Oversold |
| Stochastic | 15.9 | Oversold |
FIS's weekly RSI is 29 (oversold) and its Stochastic is 16 (oversold).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
FIS PE vs Technology Sector
| Metric | FIS | Sector median | Relative |
|---|---|---|---|
| PE | 4.2x | 28x | 85% below |
| PE % | 0 | 35 | 35 pts below |
FIS has the edge over AAPL on valuation relative to its sector.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over FIS on trend strength, trading above more of its moving averages.
FIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $33.9 | 16% below |
| 20 week MA | $38.4 | 26% below |
| 50 week MA | $46.0 | 38% below |
| 100 week MA | $60.0 | 53% below |
| 200 week MA | $63.5 | 55% below |
FIS is in a downtrend: it's below all five of its weekly moving averages, and 55% below its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over FIS on returns for 2026, with the stronger performance.
FIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.8 | $140.8 | +0.7% |
| 2021 | $140.8 | $109.1 | -23% |
| 2022 | $109.1 | $66.9 | -39% |
| 2023 | $66.9 | $60.1 | -10% |
| 2024 | $60.1 | $81.6 | +36% |
| 2025 | $81.6 | $67.2 | -18% |
| 2026 YTD | $67.2 | $28.4 | -58% |
FIS has finished lower in four of the last six years. It's down 58% so far in 2026.