FirmAtlas

Company handbook · GPN · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17

GPN · CIK 1123360 · LATEST FILING: 10-Q JUN '26 · FILED AUG 5, 2026

GLOBAL PAYMENTS INC

$83.67 −0.50 (−0.59%)

Close, Oct 16, 2026 · 52-week $61–96

Last fiscal year

GLOBAL PAYMENTS INC reported revenue of $7.7B for the year ended Dec 31, 2025 (FY25), down 0.4% from FY24. Net income was $1.4B, operating cash flow $2.7B and free cash flow $2.0B. Source: 10-K filed Feb 20, 2026.

Market cap

$19.8B

EV/EBITDA

10.1x

P/B

0.9

Div yield

1.20%

ROIC

4.1%

Revenue 1Y

−0.4%/yr

EPS 1Y

−6.2%/yr

Shares 1Y

−5%

Loading chart…

Daily closes, split-adjusted · ratios at each fiscal year end

Company

CEOCameron M. Bready

HQAtlanta, GA

AuditorDeloitte & Touche LLP

Employees26,000

Year endsDecember

Compounded growth & averages

10Y

TTM

Share price

1.4%

−12.2%

−10.1%

0.0%

Upgrade to see 10 years

Share price: yearly compound rate of the traded close; the last column is the past year.

Where the cash went · FY24–FY25

$5.4B deployed

Capex $1.3B 24.1%

Acquisitions $839M 15.6%

Dividends $491M 9.2%

Buybacks $2.7B 51.1%

Operating cash flow over the period: $5.7B. Total debt changed by +$4.5B.

Sources 10-K FY25 10-Q Jun '26 All filings on EDGAR

Latest filings

Aug 5, 2026 Quarterly results 8-K May 7, 2026 Other announcement 8-K May 6, 2026 Quarterly results 8-K May 4, 2026 Shareholder vote results 8-K Mar 12, 2026 Material agreement 8-K

Growth engines

How much of the profit growth came from new investment, and how much from running the business better.

Upgrade to see 10 years

Financials

Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year

Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier

Per-share figures are split-adjusted (2-for-1 split after FY18).

TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.

Income

FY24 FY25

TTM

Revenue

7,736

7,706−0.4%

10,207

YoY

−0.4%

Gross profit

5,702

5,592−1.9%

6,523

Gross margin

73.7%

72.6%−1.1 pp

—

Operating income

1,974

1,755−11.1%

1,311

Operating margin

25.5%

22.8%−2.8 pp

—

EBITDA

3,192

2,984−6.5%

—

EBITDA margin

41.3%

38.7%−2.5 pp

—

Interest expense

608

634+4.1%

—

Interest coverage

5.25x

4.71x−0.54x

—

Net income

1,570

1,400−10.8%

(934)

YoY

−10.8%

Net margin

20.3%

18.2%−2.1 pp

—

EPS (diluted, $)

6.16

5.78−6.2%

−2.98

YoY

−6.2%

Balance sheet

FY24 FY25

TTM

Total assets

46,890

53,338+13.8%

63,574

Cash & short-term investments

2,736

9,116+233.2%

—

Accounts receivable

788

784−0.4%

—

Net PP&E

1,421

1,502+5.7%

—

Other assets

41,945

41,936−0.0%

—

Total liabilities

24,610

30,450+23.7%

40,463

Accounts payable

2,836

2,660−6.2%

—

Total debt

15,079

19,542+29.6%

21,493

Other liabilities

6,694

8,248+23.2%

—

Shareholders’ equity

22,281

22,889+2.7%

23,111

Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.

Cash flow statement · as filed

FY24 FY25

TTM

Cash from operations

3,058

2,657−13.1%

1,658

Net income

1,644

1,456−11.4%

—

Depreciation & amortization

1,217

1,229+1.0%

—

Stock-based compensation

164

154−6.5%

—

Working capital & other

(182)−671.5%

—

Cash from investing

(174)

(230)n/m

—

Capex

(675)

(618)n/m

—

Acquisitions

(487)

(352)n/m

—

Other investing

988

740−25.2%

—

Cash from financing

(2,292)

3,733n/m

—

Debt raised

9,635

12,301+27.7%

—

Debt repaid

(8,335)

(7,208)n/m

—

Dividends

(253)

(239)n/m

—

Buybacks

(1,552)

(1,191)n/m

—

Other financing

(1,787)

69n/m

—

Net change in cash

479

6,380+1231.8%

—

Free cash flow (OCF − capex)

2,383

2,039−14.4%

823

Where the cash went

FY24 FY25

TTM

Operating cash flow

3,058

2,657−13.1%

1,658

Reinvested in the business

1,162

970−16.5%

—

% of operating cash flow

38.0%

36.5%

Capex

675

618−8.5%

835

Acquisitions

487

352−27.7%

—

Free cash flow

2,383

2,039−14.4%

823

YoY

−14.4%

Returned to shareholders

1,805

1,430−20.8%

—

% of free cash flow

75.7%

70.1%

Dividends

253

239−5.7%

—

Buybacks

1,552

1,191−23.3%

—

Change in total debt

—

4,462

—

Cash left over

—

4,719

—

FCF conversion (FCF ÷ net income)

151.7%

145.6%−6.1 pp

—

Owner earnings

—

1,839

—

Owner earnings margin

—

23.9%

—

Buyback yield

5.6%

6.5%+0.9 pp

—

Returns & ratios

FY24 FY25

TTM

ROIC (all capital)

4.8%

4.1%−0.7 pp

—

Net debt / EBITDA

3.87x

3.49x−0.37x

—

Debt / equity

0.68x

0.85x+0.18x

—

ROE

7.0%

6.1%−0.9 pp

—

ROA

3.3%

2.6%−0.7 pp

—

ROCE

4.9%

3.8%−1.0 pp

—

NOPAT

1,663

1,404−15.5%

—

Invested capital (operating)

(627)

(374)n/m

—

Invested capital (all)

34,624

33,314−3.8%

—

Reinvestment rate

—

18.0%

—

Net debt is 3.5x EBITDA (FY25).

Income

Sep '25

Dec '25

Mar '26

Jun '26

Revenue

2,008

1,909

2,970

3,321

vs year-ago quarter

Gross profit

1,451

1,349

1,696

2,027

Gross margin

72.3%

70.7%

57.1%

61.0%

Operating income

778

211

(16)

337

Net income

635

218

(1,800)

vs year-ago quarter

Net margin

31.6%

11.4%

−60.6%

0.4%

EPS (diluted, $)

2.64

0.92

−6.59

0.05

vs year-ago quarter

Balance sheet

Sep '25

Dec '25

Mar '26

Jun '26

Total assets

47,962

53,338

64,255

63,574

Cash & equivalents

3,037

9,116

6,124

5,693

Total debt

13,323

19,542

20,984

21,493

Shareholders’ equity

22,668

22,889

23,792

23,111

Cash flow

Sep '25

Dec '25

Mar '26

Jun '26

Operating cash flow

769

515

(289)

663

Capex

170

168

261

236

Free cash flow

599

347

(550)

427

vs year-ago quarter