FIS
Fidelity National Information Services, Inc.
FIS offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
MSFT
Microsoft Corporation
MSFT has the edge over FIS overall, supported by stronger modeled upside and lower modeled downside.
FIS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Weak |
FIS's revenue, profitability and cash flow are currently strong, but its balance sheet is weak.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
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 MSFT in the historical PE scenario, which offers more potential upside but is not a forecast.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT's PE is in its cheap range at 27x. If earnings grow as analysts expect, today's price would be 25x next year's earnings.
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.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
MSFT has the edge over FIS on the outlook, with more favorable valuation and earnings expectations.
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.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT has the edge over FIS on earnings, with more consistent year-over-year improvement.
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.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT has the edge over FIS on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over FIS on profitability, with a higher operating margin.
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 has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% 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 the edge over MSFT on shareholder dilution, with a more favorable share count trend.
| 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.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has 7.4B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
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.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT has the edge over FIS on leverage, with a lower net debt burden relative to earnings.
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).
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
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 MSFT on valuation relative to its sector.
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT is trading at 27x earnings, in line with the Technology sector's median of 28x.
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.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT has the edge over FIS on trend strength, trading above more of its moving averages.
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.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has the edge over FIS on returns for 2026, with the stronger performance.