27 years of historical data (1999–2025) · Industrials · Specialty Business Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Global Payments Inc. trades at 11.5x earnings, 84% 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 25.6x, the stock trades at a discount of 55%. On a free-cash-flow basis, the stock trades at 7.8x P/FCF, 48% 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 | $15.8B | $18.6B | $28.6B | $33.2B | $27.4B | $39.7B | $64.7B | $36.4B | $16.4B | $15.6B | $10.2B |
| Enterprise Value | $29.3B | $32.1B | $42.8B | $48.5B | $39.7B | $49.8B | $72.5B | $44.4B | $21.0B | $19.5B | $13.9B |
| P/E Ratio → | 11.47 | 13.28 | 18.19 | 33.69 | 248.30 | 41.09 | 110.47 | 84.52 | 36.31 | 33.30 | 50.66 |
| P/S Ratio | 2.05 | 2.41 | 2.83 | 3.44 | 3.05 | 4.66 | 8.72 | 7.40 | 4.88 | 3.92 | 3.03 |
| P/B Ratio | 0.68 | 0.78 | 1.24 | 1.40 | 1.21 | 1.53 | 2.36 | 1.30 | 3.92 | 3.93 | 3.67 |
| P/FCF | 7.76 | 9.12 | 9.99 | 20.90 | 16.81 | 17.35 | 34.47 | 33.56 | 18.40 | 47.17 | 19.62 |
| P/OCF | 5.96 | 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
Enterprise-value multiples — capital-structure-neutral measures of total business value
Global Payments Inc.'s enterprise value stands at 10.1x EBITDA, 11% below its 5-year average of 11.4x. The Industrials sector median is 13.8x, placing the stock at a 27% 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 | 10.15 | 11.10 | 9.98 | 11.79 | 10.57 | 13.64 | 24.14 | 22.27 | 15.99 | 19.11 | 19.77 |
| EV / EBIT | 19.91 | 15.79 | 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 |
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 4.3%. 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 6.1%.
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% |
| 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% |
Solvency and debt-coverage ratios — lower is generally safer
Global Payments Inc. carries a Debt/EBITDA ratio of 7.6x, which is highly leveraged (133% above the sector average of 3.2x). Net debt stands at $13.5B ($21.8B total debt minus $8.3B cash). Interest coverage of 3.1x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| 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 | 3.12 | 3.12 | 3.96 | 2.78 | 1.45 | 4.01 | 2.62 | 2.69 | 3.90 | 3.21 | — |
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 | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 37.14 | 39.07 | 42.35 | 40.60 | 40.52 | 39.05 | 66.52 | 37.78 | 27.72 | 197.27 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Global Payments Inc. returns 9.3% to shareholders annually — split between a 1.5% dividend yield and 7.8% buyback yield. The payout ratio of 17.0% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 8.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | 1.5% | 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% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.7% | 7.5% | 5.5% | 3.0% | 0.4% | 2.4% | 0.9% | 1.2% | 2.8% | 3.0% | 2.0% |
| FCF Yield | 12.9% | 11.0% | 10.0% | 4.8% | 5.9% | 5.8% | 2.9% | 3.0% | 5.4% | 2.1% | 5.1% |
| Buyback Yield | 7.8% | 6.6% | 5.6% | 1.4% | 10.8% | 6.6% | 1.0% | 0.9% | 1.3% | 0.2% | 2.5% |
| Total Shareholder Yield | 9.3% | 7.9% | 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 |
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 |
|---|---|---|---|---|---|---|---|---|---|
| $16B | 11.5 | 10.1 | 7.8 | 72.6% | 19.1% | 6.0% | 3.0% | 7.6 | |
| $20B | 50.9 | 6.4 | 7.0 | 36.9% | 16.5% | 2.6% | 6.0% | 1.1 | |
| $26B | 7.5 | 6.1 | 5.9 | 59.4% | 26.9% | 13.0% | 8.1% | 3.3 | |
| $4B | 15.1 | 8.3 | 14.1 | 54.9% | 25.4% | 22.3% | 9.6% | 4.8 | |
| $2B | 36.9 | 10.5 | 11.4 | 78.1% | 11.8% | 10.2% | 30.7% | 0.4 | |
| $2B | 11.7 | 7.8 | 11.7 | 49.7% | 20.0% | 23.0% | 10.2% | 3.7 | |
| $2B | 21.1 | 14.9 | 7.0 | 96.2% | 34.2% | 15.2% | 12.5% | 1.5 | |
| $590M | 10.5 | 7.6 | 7.9 | 21.4% | 14.8% | — | 13.4% | 5.1 | |
| $2B | 144.1 | 41.8 | 19.1 | 61.4% | 1.8% | 1.6% | 2.1% | — | |
| $438M | 35.4 | 11.9 | 116.7 | 55.7% | 1.9% | 3.5% | 0.6% | 0.2 | |
| $628B | 32.1 | 25.1 | 29.1 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 | |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 27 years · Updated daily
Deep dive into GPN consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying GPN stock.
Global Payments Inc.'s current P/E ratio is 11.5x. The historical average is 38.3x.
Global Payments Inc.'s current EV/EBITDA is 10.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.2x.
Global Payments Inc.'s return on equity (ROE) is 6.0%. The historical average is 12.5%.
Based on historical data, Global Payments Inc. is trading at a P/E of 11.5x. Compare with industry peers and growth rates for a complete picture.
Global Payments Inc.'s current dividend yield is 1.48% with a payout ratio of 17.0%.
Global Payments Inc. has 72.6% gross margin and 19.1% operating margin. Operating margin between 10-20% is typical for established companies.
Global Payments Inc.'s Debt/EBITDA ratio is 7.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.