Global Payments Inc. (GPN) Financial Ratios
27 years of historical data (1999–2025) · Industrials · Specialty Business Services
EV/EBITDA
↓
10.36
-9% vs avg
5yr avg: 11.41
30Y Low7.2·High24.1
P/FCF
↓
8.06
↓-46% vs avg
5yr avg: 14.83
30Y Low6.8·High113.8
P/B Ratio
↓
0.70
↓-43% vs avg
5yr avg: 1.23
30Y Low0.8·High8.2
ROE
↑
6.0%
↓+42% vs avg
5yr avg: 4.2%
30Y Low0%·High28%
Debt/EBITDA
↑
7.55
↑+66% vs avg
5yr avg: 4.56
30Y Low0.0·High8.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GPN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Global Payments Inc. trades at 11.9x earnings, 83% below its 5-year average of 70.9x, sitting at the 0th percentile of its historical range. Compared to the Industrials sector median P/E of 25.7x, the stock trades at a discount of 54%. On a free-cash-flow basis, the stock trades at 8.1x P/FCF, 46% below the 5-year average of 14.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $16.4B | $18.6B | $28.6B | $33.2B | $27.4B | $39.7B | $64.7B | $36.4B | $16.4B | $15.6B | $10.2B |
| Enterprise Value | $29.9B | $32.1B | $42.8B | $48.5B | $39.7B | $49.8B | $72.5B | $44.4B | $21.0B | $19.5B | $13.9B |
| P/E Ratio → | 11.92 | 13.28 | 18.19 | 33.69 | 248.30 | 41.09 | 110.47 | 84.52 | 36.31 | 33.30 | 50.66 |
| P/S Ratio | 2.13 | 2.41 | 2.83 | 3.44 | 3.05 | 4.66 | 8.72 | 7.40 | 4.88 | 3.92 | 3.03 |
| P/B Ratio | 0.70 | 0.78 | 1.24 | 1.40 | 1.21 | 1.53 | 2.36 | 1.30 | 3.92 | 3.93 | 3.67 |
| P/FCF | 8.06 | 9.12 | 9.99 | 20.90 | 16.81 | 17.35 | 34.47 | 33.56 | 18.40 | 47.17 | 19.62 |
| P/OCF | 6.19 | 7.00 | 8.08 | 14.78 | 12.20 | 14.28 | 27.97 | 26.13 | 14.85 | 30.43 | 15.48 |
P/E links to full P/E history page with 30-year chart
GPN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Global Payments Inc.'s enterprise value stands at 10.4x EBITDA, 9% below its 5-year average of 11.4x. The Industrials sector median is 13.7x, placing the stock at a 24% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.16 | 4.24 | 5.03 | 4.42 | 5.84 | 9.77 | 9.03 | 6.25 | 4.92 | 4.11 |
| EV / EBITDA | 10.36 | 11.10 | 9.98 | 11.79 | 10.57 | 13.64 | 24.14 | 22.27 | 15.99 | 19.11 | 19.77 |
| EV / EBIT | 20.32 | 21.78 | 17.06 | 26.45 | 60.79 | 37.22 | 80.52 | 54.05 | 27.60 | 34.79 | 34.40 |
| EV / FCF | — | 15.72 | 14.99 | 30.51 | 24.35 | 21.77 | 38.63 | 40.94 | 23.57 | 59.15 | 26.68 |
GPN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Global Payments Inc. earns an operating margin of 19.1%, above the Industrials sector average of 4.7%. Operating margins have compressed from 22.9% to 19.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 6.0% is modest, trailing the sector median of 8.2%. ROIC of 3.0% represents below-average returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.6% | 72.6% | 62.8% | 61.4% | 57.9% | 55.7% | 50.8% | 57.8% | 67.5% | 51.5% | 52.4% |
| Operating Margin | 19.1% | 19.1% | 22.6% | 22.9% | 22.0% | 20.6% | 16.4% | 21.3% | 23.6% | 14.4% | 10.6% |
| Net Profit Margin | 18.2% | 18.2% | 15.5% | 10.2% | 1.2% | 11.3% | 7.9% | 8.8% | 13.4% | 11.8% | 6.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.0% | 6.0% | 6.7% | 4.3% | 0.5% | 3.6% | 2.1% | 2.7% | 11.1% | 13.9% | 7.1% |
| ROA | 2.8% | 2.8% | 3.2% | 2.1% | 0.2% | 2.2% | 1.3% | 1.5% | 3.4% | 4.0% | 1.9% |
| ROIC | 3.0% | 3.0% | 4.5% | 4.5% | 4.2% | 3.7% | 2.6% | 3.5% | 7.1% | 6.0% | 4.1% |
| ROCE | 3.4% | 3.4% | 5.5% | 5.5% | 5.0% | 4.4% | 3.0% | 4.1% | 8.3% | 6.7% | 4.5% |
GPN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Global Payments Inc. carries a Debt/EBITDA ratio of 7.6x, which is highly leveraged (144% above the sector average of 3.1x). Net debt stands at $13.5B ($21.8B total debt minus $8.3B cash). Interest coverage of just 2.3x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.92 | 0.92 | 0.73 | 0.73 | 0.63 | 0.47 | 0.35 | 0.34 | 1.39 | 1.34 | 1.74 |
| Debt / EBITDA | 7.55 | 7.55 | 3.92 | 4.22 | 3.81 | 3.31 | 3.25 | 4.86 | 4.43 | 5.18 | 6.89 |
| Net Debt / Equity | — | 0.57 | 0.62 | 0.64 | 0.55 | 0.39 | 0.28 | 0.29 | 1.10 | 1.00 | 1.32 |
| Net Debt / EBITDA | 4.67 | 4.67 | 3.33 | 3.71 | 3.27 | 2.77 | 2.60 | 4.02 | 3.51 | 3.87 | 5.23 |
| Debt / FCF | — | 6.61 | 5.00 | 9.61 | 7.55 | 4.42 | 4.16 | 7.38 | 5.17 | 11.98 | 7.06 |
| Interest Coverage | 2.27 | 2.27 | 3.60 | 3.35 | 4.40 | 5.26 | 3.53 | 3.43 | 4.05 | 3.27 | — |
GPN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.69x means Global Payments Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 0.99x to 1.69x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.69 | 1.69 | 0.97 | 0.99 | 0.92 | 1.06 | 1.01 | 1.22 | 1.03 | 1.13 | 1.09 |
| Quick Ratio | 1.69 | 1.69 | 0.97 | 0.99 | 0.92 | 1.06 | 1.01 | 1.22 | 1.03 | 1.13 | 1.09 |
| Cash Ratio | 1.12 | 1.12 | 0.41 | 0.26 | 0.29 | 0.44 | 0.43 | 0.47 | 0.37 | 0.35 | 0.41 |
| Asset Turnover | — | 0.14 | 0.22 | 0.19 | 0.20 | 0.19 | 0.17 | 0.11 | 0.25 | 0.31 | 0.32 |
| Inventory Turnover | 194.57 | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 37.14 | 39.07 | 42.35 | 40.60 | 40.52 | 39.05 | 66.52 | 37.78 | 27.72 | 197.27 |
GPN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Global Payments Inc. returns 1.4% to shareholders annually primarily through dividends. The payout ratio of 17.0% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 8.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.4% | 1.3% | 0.9% | 0.8% | 1.0% | 0.7% | 0.4% | 0.2% | 0.0% | 0.0% | 0.1% |
| Payout Ratio | 17.0% | 17.0% | 16.1% | 26.4% | 245.7% | 26.9% | 39.9% | 20.1% | 1.4% | 1.4% | 2.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.4% | 7.5% | 5.5% | 3.0% | 0.4% | 2.4% | 0.9% | 1.2% | 2.8% | 3.0% | 2.0% |
| FCF Yield | 12.4% | 11.0% | 10.0% | 4.8% | 5.9% | 5.8% | 2.9% | 3.0% | 5.4% | 2.1% | 5.1% |
| Buyback Yield | 0.0% | 0.0% | 5.6% | 1.4% | 10.8% | 6.6% | 1.0% | 0.9% | 1.3% | 0.2% | 2.5% |
| Total Shareholder Yield | 1.4% | 1.3% | 6.5% | 2.2% | 11.8% | 7.3% | 1.3% | 1.1% | 1.3% | 0.3% | 2.5% |
| Shares Outstanding | — | $240M | $255M | $262M | $276M | $294M | $301M | $199M | $159M | $156M | $147M |
Peer Comparison
Compare GPN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GPNYou | $16B | 11.9 | 10.4 | 8.1 | 72.6% | 19.1% | 6.0% | 3.0% | 7.6 |
 FIS | $24B | 62.1 | 7.6 | 9.8 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 |
 FISV | $31B | 9.0 | 6.7 | 7.1 | 59.4% | 26.9% | 13.0% | 8.1% | 3.3 |
 WEX | $5B | 17.4 | 9.0 | 16.3 | 54.9% | 25.4% | 22.3% | 9.6% | 4.8 |
 PAYO | $2B | 25.8 | 7.1 | 8.2 | 78.1% | 11.8% | 10.2% | 30.7% | 0.4 |
 EVTC | $2B | 12.8 | 1.5 | 0.0 | 50.1% | 21.1% | 61.6% | 31.7% | 2.0 |
 PAX | $2B | 24.0 | 16.6 | — | 96.2% | 34.2% | 15.2% | 12.7% | 1.3 |
 PRTH | $428M | 7.7 | 6.8 | 5.7 | 21.4% | 14.8% | — | 13.4% | 5.1 |
 FLYW | $2B | 132.1 | 37.6 | 17.5 | 61.4% | 1.8% | 1.6% | 2.1% | — |
 IIIV | $495M | 40.0 | 13.7 | 131.9 | 55.7% | 1.9% | 3.5% | 0.6% | 0.2 |
 V | $618B | 31.6 | 24.7 | 28.6 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 |
| Industrials Median | — | 25.7 | 13.7 | 21.2 | 33.0% | 4.7% | 8.2% | 6.3% | 3.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 27 years · Updated daily
Full GPN Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See GPN's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs GPN Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare GPN vs FIS
Side-by-side business, growth, and profitability comparison vs Fidelity National Information Services, Inc..
Start ComparisonGPN — Frequently Asked Questions
Quick answers to the most common questions about buying GPN stock.
What is Global Payments Inc.'s P/E ratio?
Global Payments Inc.'s current P/E ratio is 11.9x. The historical average is 38.3x.
What is Global Payments Inc.'s EV/EBITDA?
Global Payments Inc.'s current EV/EBITDA is 10.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.2x.
What is Global Payments Inc.'s ROE?
Global Payments Inc.'s return on equity (ROE) is 6.0%. The historical average is 12.5%.
Is GPN stock overvalued?
Based on historical data, Global Payments Inc. is trading at a P/E of 11.9x. Compare with industry peers and growth rates for a complete picture.
What is Global Payments Inc.'s dividend yield?
Global Payments Inc.'s current dividend yield is 1.43% with a payout ratio of 17.0%.
What are Global Payments Inc.'s profit margins?
Global Payments Inc. has 72.6% gross margin and 19.1% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Global Payments Inc. have?
Global Payments Inc.'s Debt/EBITDA ratio is 7.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.