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Euronet Worldwide, Inc. (EEFT) 10-Year Financial Performance & Capital Metrics

EEFT • • Industrial / General
TechnologyInfrastructure SoftwarePayment Processing & Digital CommerceEnterprise Payment Processors
AboutEuronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, agents, retailers, merchants, content providers, and individual consumers worldwide. The company's Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services. It also offers ATM and POS currency conversion, ATM surcharge, advertising, customer relationship management, mobile top-up, bill payment, fraud management, foreign remittance and cardless payout, banknote recycling, and tax-refund services; and integrated electronic financial transaction software solutions, as well as delivers non-cash products. This segment operates a network of 42,713 ATMs and approximately 438,000 POS terminals. Its epay segment distributes and processed prepaid mobile airtime and other electronic payment products; and provides payment processing services for various prepaid products, cards, and services, as well as vouchers and physical gift fulfillment, and gift card distribution and processing services. This segment operates a network of approximately 775,000 POS terminals. The company's Money Transfer segment offers consumer-to-consumer and account-to-account money transfer, customers bill payment, check cashing, foreign currency exchange, mobile top-up, and cash management and foreign currency risk management services, as well as payment alternatives, such as money orders and prepaid debit cards. This segment operates a network of approximately 510,000 money transfer locations. The company was formerly known as Euronet Services, Inc. and changed its name to Euronet Worldwide, Inc. in August 2001. Euronet Worldwide, Inc. was founded in 1994 and is headquartered in Leawood, Kansas.Show more
  • Revenue $3.99B +8.2%
  • EBITDA $635M +12.3%
  • Net Income $306M +9.4%
  • EPS (Diluted) 6.45 +17.3%
  • Gross Margin 23.82% +1.9%
  • EBITDA Margin 15.92% +3.8%
  • Operating Margin 12.61% +7.5%
  • Net Margin 7.67% +1.1%
  • ROE 24.69% +10.1%
  • ROIC 26.26% +15.2%
  • Debt/Equity 1.70 +5.2%
  • Interest Coverage 6.25 -19.7%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 21.9%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓FCF machine: 15.4% free cash flow margin
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Share count reduced 6.8% through buybacks

✗Weaknesses

  • ✗Weak momentum: RS Rating 19 (bottom 19%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y9.14%
5Y7.73%
3Y10.03%
TTM7.25%

Profit (Net Income) CAGR

10Y11.66%
5Y-2.47%
3Y62.97%
TTM-7.82%

EPS CAGR

10Y13.06%
5Y0.44%
3Y69.69%
TTM-1.01%

ROCE

10Y Avg14.09%
5Y Avg10.38%
3Y Avg14.73%
Latest17.34%

Peer Comparison

Enterprise Payment Processors
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Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.77B1.96B2.25B2.54B2.75B2.48B3B3.36B3.69B3.99B
Revenue Growth %0.06%0.11%0.15%0.13%0.08%-0.1%0.21%0.12%0.1%0.08%
Cost of Goods Sold+1.08B1.17B1.36B1.49B1.56B1.98B1.9B2.55B2.83B3.04B
COGS % of Revenue0.61%0.6%0.6%0.59%0.57%0.8%0.63%0.76%0.77%0.76%
Gross Profit+690.41M784.07M896.17M1.05B1.19B501.86M1.1B806.4M862.3M950.3M
Gross Margin %0.39%0.4%0.4%0.41%0.43%0.2%0.37%0.24%0.23%0.24%
Gross Profit Growth %0.09%0.14%0.14%0.17%0.14%-0.58%1.18%-0.26%0.07%0.1%
Operating Expenses+485.57M534.3M630.17M690.31M718.43M455.24M911.3M421M429.7M447.1M
OpEx % of Revenue0.27%0.27%0.28%0.27%0.26%0.18%0.3%0.13%0.12%0.11%
Selling, General & Admin415.55M453.77M501.09M577.24M606.69M221.61M736.9M285.1M296.8M315.3M
SG&A % of Revenue0.23%0.23%0.22%0.23%0.22%0.09%0.25%0.08%0.08%0.08%
Research & Development2.6M12M15.4M0000000
R&D % of Revenue0%0.01%0.01%-------
Other Operating Expenses67.42M80.53M129.09M113.07M111.74M233.62M174.4M135.9M132.9M131.8M
Operating Income+204.84M249.77M266M357.91M475.19M46.62M184M385.4M432.6M503.2M
Operating Margin %0.12%0.13%0.12%0.14%0.17%0.02%0.06%0.11%0.12%0.13%
Operating Income Growth %0.29%0.22%0.06%0.35%0.33%-0.9%2.95%1.09%0.12%0.16%
EBITDA+274.87M330.3M361.03M463.94M586.94M173.64M319.8M521.3M565.5M635M
EBITDA Margin %0.16%0.17%0.16%0.18%0.21%0.07%0.11%0.16%0.15%0.16%
EBITDA Growth %0.19%0.2%0.09%0.29%0.27%-0.7%0.84%0.63%0.08%0.12%
D&A (Non-Cash Add-back)70.03M80.53M95.03M106.02M111.74M127.02M135.8M135.9M132.9M131.8M
EBIT204.84M249.77M300.05M364.96M475.19M153.22M222.6M385.4M432.6M503.2M
Net Interest Income+-22.64M-26.64M-30.13M-36.25M-34.27M-35.56M-37.6M-35.5M-40.4M-56.7M
Interest Income2.1M1.7M2.5M1.3M1.9M1.1M700K2M15.2M23.8M
Interest Expense24.9M28.6M32.4M37.7M36.1M36.6M38.3M37.5M55.6M80.5M
Other Income/Expense-63.75M-16.88M-9.66M-63M-41.39M-38.45M-48.33M-62.74M-32.2M-54.3M
Pretax Income+141.09M232.89M256.33M294.92M433.81M8.17M135.68M322.6M400.4M448.9M
Pretax Margin %0.08%0.12%0.11%0.12%0.16%0%0.05%0.1%0.11%0.11%
Income Tax+42.6M58.8M99.39M62.78M87.11M11.47M65.09M91.85M120.9M142.6M
Effective Tax Rate %0.7%0.75%0.61%0.79%0.8%-0.42%0.52%0.72%0.7%0.68%
Net Income+98.8M174.4M156.9M232.8M346.8M-3.4M70.7M231M279.7M306M
Net Margin %0.06%0.09%0.07%0.09%0.13%-0%0.02%0.07%0.08%0.08%
Net Income Growth %-0.03%0.77%-0.1%0.48%0.49%-1.01%21.8%2.27%0.21%0.09%
Net Income (Continuing)98.49M174.1M156.94M232.13M346.69M-3.3M70.59M230.7M279.5M306.3M
Discontinued Operations0000000000
Minority Interest1.37M1.01M960K169K68K281K43K-200K-200K500K
EPS (Diluted)+1.833.232.854.266.31-0.061.324.415.506.45
EPS Growth %-0.03%0.77%-0.12%0.49%0.48%-1.01%21.47%2.34%0.25%0.17%
EPS (Basic)1.893.342.994.266.49-0.061.354.705.866.82
Diluted Shares Outstanding54.08M54M55.12M54.63M54.91M52.66M53.53M53.46M51.6M48.08M
Basic Shares Outstanding53.99M54M55.03M54.63M53.45M52.66M52.59M50.18M48.48M44.9M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+1.13B1.58B1.89B2.09B2.92B3.37B3.31B3.73B4.16B4.04B
Cash & Short-Term Investments457.5M727.7M819.1M1.05B1.45B1.83B1.8B1.65B1.78B1.92B
Cash Only457.5M727.7M819.1M1.05B1.45B1.83B1.8B1.65B1.78B1.92B
Short-Term Investments0000000000
Accounts Receivable423.3M502.99M744.88M202.51M201.94M117.52M203.01M270.8M370.6M284.9M
Days Sales Outstanding87.1893.74120.7129.1426.817.2824.7429.4336.6826.06
Inventory72.1M78.1M95.7M-14K000000
Days Inventory Outstanding24.3324.2725.76-------
Other Current Assets82.35M152.98M117.95M991.33M1.05B1.14B1.11B1.45B2.01B1.83B
Total Non-Current Assets+1.06B1.13B1.25B1.23B1.74B1.56B1.44B1.68B1.73B1.8B
Property, Plant & Equipment157.4M202.1M268.3M291.9M737.52M540.51M506.88M486.3M474.7M461.8M
Fixed Asset Turnover11.26x9.69x8.40x8.69x3.73x4.59x5.91x6.91x7.77x8.64x
Goodwill685.18M689.71M717.39M704.2M743.82M665.82M641.61M828.3M847.5M859.2M
Intangible Assets167.97M165.33M150.54M114.48M257.59M354.44M287.37M362.3M167.6M415.6M
Long-Term Investments-33.92M-44.08M-54.97M-57.15M0000088.1M
Other Non-Current Assets51.1M70.8M113.6M123M0000241.9M-26.7M
Total Assets+2.19B2.71B3.14B3.32B4.66B4.93B4.74B5.4B5.89B5.83B
Asset Turnover0.81x0.72x0.72x0.76x0.59x0.50x0.63x0.62x0.63x0.68x
Asset Growth %0.07%0.23%0.16%0.06%0.4%0.06%-0.04%0.14%0.09%-0.01%
Total Current Liabilities+903.9M1.17B1.41B1.38B1.63B1.86B1.85B2.35B2.7B3.23B
Accounts Payable456.16M456.68M494.84M72.91M81.74M147.59M193.53M222.4M241.2M223.8M
Days Payables Outstanding153.9141.92133.1717.8819.1727.237.1731.831.1626.88
Short-Term Debt12.06M32.16M41.29M38.02M6.09M797K821K100K150.3M812.7M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities25.89M63.77M22.5M951.56M1.06B1.21B1.13B1.49B2.04B1.58B
Current Ratio1.25x1.35x1.34x1.51x1.79x1.81x1.79x1.58x1.54x1.25x
Quick Ratio1.17x1.28x1.27x1.51x1.79x1.81x1.79x1.58x1.54x1.25x
Cash Conversion Cycle-42.4-23.9113.29-------
Total Non-Current Liabilities+462.8M633.2M532.8M709.9M1.44B1.63B1.64B1.81B1.94B1.38B
Long-Term Debt405.47M561.66M404.01M589.78M1.09B1.44B1.42B1.61B1.72B1.13B
Capital Lease Obligations4.15M6.97M9.75M0241.98M106.5M111.36M102.7M95.8M87.4M
Deferred Tax Liabilities33.9M44.1M55M57.1M56.07M37.88M46.51M28.4M47M71.8M
Other Non-Current Liabilities53.23M64.58M119.07M120.14M55.36M43.4M58.17M65M85.9M85.7M
Total Liabilities1.37B1.81B1.94B2.09B3.08B3.48B3.49B4.16B4.64B4.61B
Total Debt+423.7M604.2M460.5M641.5M1.47B1.6B1.59B1.77B2.01B2.08B
Net Debt-33.8M-123.5M-358.6M-412.9M20.55M-227.58M-215.34M118.3M234M161.5M
Debt / Equity0.51x0.67x0.38x0.52x0.93x1.11x1.27x1.42x1.61x1.70x
Debt / EBITDA1.54x1.83x1.28x1.38x2.51x9.24x4.97x3.39x3.56x3.28x
Net Debt / EBITDA-0.12x-0.37x-0.99x-0.89x0.04x-1.31x-0.67x0.23x0.41x0.25x
Interest Coverage8.23x8.73x8.21x9.49x13.16x1.27x4.80x10.28x7.78x6.25x
Total Equity+827.37M901.51M1.2B1.23B1.58B1.45B1.26B1.24B1.25B1.23B
Equity Growth %0.13%0.09%0.33%0.03%0.28%-0.08%-0.13%-0.01%0%-0.02%
Book Value per Share15.3016.6921.7822.5728.7627.4623.4523.2824.2225.56
Total Shareholders' Equity826M900.5M1.2B1.23B1.58B1.45B1.26B1.24B1.25B1.23B
Common Stock1.16M1.17M1.18M1.2M1.26M1.27M1.27M1.3M1.3M1.3M
Retained Earnings104.43M278.84M436.95M669.8M1.02B1.01B1.08B1.35B1.63B1.93B
Treasury Stock-138.75M-215.46M-217.16M-391.55M-463.7M-703.03M-931.21M-1.11B-1.49B-1.76B
Accumulated OCI-165.53M-210.66M-94.46M-151.04M-164.89M-94.21M-172.58M-251M-203.2M-321.5M
Minority Interest1.37M1.01M960K169K68K281K43K-200K-200K500K

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+215.05M391.52M286.28M397.23M504.49M253.5M406.58M748.29M643.1M732.8M
Operating CF Margin %0.12%0.2%0.13%0.16%0.18%0.1%0.14%0.22%0.17%0.18%
Operating CF Growth %-0.08%0.82%-0.27%0.39%0.27%-0.5%0.6%0.84%-0.14%0.14%
Net Income98.81M174.41M156.84M232.85M346.69M-3.4M70.73M230.99M279.7M306.3M
Depreciation & Amortization70.03M80.53M95.03M106.02M111.74M127.02M135.75M135.86M132.9M131.8M
Stock-Based Compensation12.8M14.98M15.62M16.76M21.44M21.95M36.5M44.1M53.7M43.9M
Deferred Taxes-5.02M850K-10.86M-43.26M17.11M-23.95M-2.25M7.88M13.7M18.5M
Other Non-Cash Items46.22M136.58M34.4M58.36M24.22M68.25M273.29M628.86M-4.2M23.2M
Working Capital Changes-59.02M-87.73M-198.09M26.5M-16.72M63.63M-107.48M-299.41M167.3M209.1M
Change in Receivables-66.08M-87.73M-198.09M26.5M-87.88M63.63M-107.48M-299.41M-190.9M269.8M
Change in Inventory7.06M-6.71M-11.6M00-5.33M-31.9M-170.73M00
Change in Payables39.63M9.71M3.84M45.56M53.55M88.69M-33.22M178.05M53.6M-53.9M
Cash from Investing+-193.98M-136.31M-101.86M-132.28M-229.03M-105.53M-98.11M-453.78M-157.6M-223.3M
Capital Expenditures-74.62M-87.41M-97.23M-112.48M-131.29M-97.63M-92.21M-104.26M-94.4M-117.2M
CapEx % of Revenue0.04%0.04%0.04%0.04%0.05%0.04%0.03%0.03%0.03%0.03%
Acquisitions----------
Investments----------
Other Investing-119.36M-48.9M-4.62M-19.8M-3.55M-6.8M-5.9M-6.57M-61.9M-14.5M
Cash from Financing+-1.19M79.51M-161.15M2.02M416.3M35.4M-212.24M-1.15M-143.2M-135.7M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing1.71M7.63M281K-9.21M-24.43M-6.43M4.66M2.25M-2M-4.6M
Net Change in Cash----------
Free Cash Flow+140.43M304.11M189.04M284.75M373.2M155.88M314.37M644.03M548.7M615.6M
FCF Margin %0.08%0.16%0.08%0.11%0.14%0.06%0.1%0.19%0.15%0.15%
FCF Growth %-0.18%1.17%-0.38%0.51%0.31%-0.58%1.02%1.05%-0.15%0.12%
FCF per Share2.605.633.435.216.802.965.8712.0510.6312.80
FCF Conversion (FCF/Net Income)2.18x2.24x1.82x1.71x1.45x-74.58x5.75x3.24x2.30x2.39x
Interest Paid11.8M14.44M20.46M23.55M13.13M17.32M18.5M29.1M53.2M78.3M
Taxes Paid54.61M-43.18M48.64M-84.38M74.09M60.17M48.7M86.2M94.5M109M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)12.65%20.18%14.93%19.13%24.66%-0.22%5.23%18.48%22.43%24.69%
Return on Invested Capital (ROIC)20.67%23.84%24.63%32.3%29.45%2.48%12.22%24.06%22.8%26.26%
Gross Margin38.96%40.03%39.79%41.32%43.4%20.21%36.56%24.01%23.38%23.82%
Net Margin5.57%8.9%6.97%9.18%12.61%-0.14%2.36%6.88%7.58%7.67%
Debt / Equity0.51x0.67x0.38x0.52x0.93x1.11x1.27x1.42x1.61x1.70x
Interest Coverage8.23x8.73x8.21x9.49x13.16x1.27x4.80x10.28x7.78x6.25x
FCF Conversion2.18x2.24x1.82x1.71x1.45x-74.58x5.75x3.24x2.30x2.39x
Revenue Growth6.5%10.51%15%12.62%8.42%-9.72%20.65%12.13%9.8%8.18%

Revenue by Segment

2015201620172018201920202021202220232024
Money Transfer685.63M801.92M886.86M1.04B1.1B-1.4B1.44B1.56B1.69B
Money Transfer Growth-16.96%10.59%17.60%5.11%--3.09%7.68%8.44%
EFT Processing------591.14M924.21M1.06B1.16B
EFT Processing Growth-------56.34%14.51%9.72%
Epay708.37M693.99M734M743.78M769.33M835.52M1.01B998.01M1.08B1.15B
Epay Growth--2.03%5.77%1.33%3.43%8.60%21.06%-1.33%8.46%6.29%
Unallocated Amount to, Intersegment Eliminations and Other-1.27M-1.54M-2.99M-3.77M--5.39M-8.13M-7.78M--
Unallocated Amount to, Intersegment Eliminations and Other Growth--21.67%-93.85%-25.89%---50.85%4.35%--
Money Transfer-----1.18B----
Money Transfer Growth----------
Eft Processing379.52M464.25M634.56M753.65M888.71M468.73M----
Eft Processing Growth-22.33%36.68%18.77%17.92%-47.26%----
Consolidation, Eliminations-----4.16M-----
Consolidation, Eliminations Growth----------

Revenue by Geography

2015201620172018201920202021202220232024
UNITED STATES--572.38M721.98M---830.85M-977.4M
UNITED STATES Growth---26.14%------
GERMANY--495.78M476.12M---644.49M-706.3M
GERMANY Growth----3.96%------
Other Countries-------420.92M-523M
Other Countries Growth----------
SPAIN--115.47M155.62M---211.66M-259.2M
SPAIN Growth---34.77%------
GREECE--71.2M71.01M---160.97M-237M
GREECE Growth----0.27%------
FRANCE--56.03M75.47M---173.82M-209.9M
FRANCE Growth---34.70%------
INDIA--82.39M92.47M---188.54M-206.4M
INDIA Growth---12.23%------
ITALY--89.28M103.69M---160.68M-196.8M
ITALY Growth---16.15%------
POLAND--128.67M126.51M---98.07M-124.4M
POLAND Growth----1.68%------
MALAYSIA--56.29M76.38M---47.6M-83.9M
MALAYSIA Growth---35.70%------
NETHERLANDS-------54.63M-73.6M
NETHERLANDS Growth----------
CANADA-------66.44M-68.9M
CANADA Growth----------
AUSTRALIA--77.78M58.04M---42.42M-59M
AUSTRALIA Growth----25.38%------
BRAZIL-------51.37M-50.6M
BRAZIL Growth----------
NEW ZEALAND--47.09M48.88M---61.55M-48.7M
NEW ZEALAND Growth---3.80%------
Europe----1.62B1.32B1.67B-2.18B-
Europe Growth------18.34%25.77%---
North America----759.49M778.9M870.87M-974.3M-
North America Growth-----2.56%11.81%---
Asia Pacific----330.49M323.64M370.23M-410.5M-
Asia Pacific Growth------2.07%14.39%---
Other geographic locations272.3M350.42M323.1M18.31M41.92M60.78M96.37M-129.1M-
Other geographic locations Growth-28.69%-7.80%-94.33%128.95%45.00%58.55%---

Frequently Asked Questions

Valuation & Price

Euronet Worldwide, Inc. (EEFT) has a price-to-earnings (P/E) ratio of 11.6x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Euronet Worldwide, Inc. (EEFT) reported $4.18B in revenue for fiscal year 2024. This represents a 260% increase from $1.16B in 2011.

Euronet Worldwide, Inc. (EEFT) grew revenue by 8.2% over the past year. This is steady growth.

Yes, Euronet Worldwide, Inc. (EEFT) is profitable, generating $304.3M in net income for fiscal year 2024 (7.7% net margin).

Dividend & Returns

Euronet Worldwide, Inc. (EEFT) has a return on equity (ROE) of 24.7%. This is excellent, indicating efficient use of shareholder capital.

Euronet Worldwide, Inc. (EEFT) generated $334.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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