15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 0.7% per year over the past 5 years.
Net income has grown faster than revenue (19.1% vs 0.7% per year).
Operating margin has expanded, at 22.8% in the latest year.
Free cash flow has grown 1.7% per year over the past 5 years.
Financial health
Total debt ($21.6B) exceeds cash ($8.3B); net debt is $13.2B.
Total debt has grown faster than revenue (18.7% vs 0.7% per year).
Total debt is 7.2× EBITDA.
Shareholder returns
Dividends have been paid for 9 consecutive years, consuming 17.0% of earnings and 11.7% of free cash flow.
The dividend has grown 0.5% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$7.7B
$1.4B
72.6%
22.8%
$2.0B
$21.6B
$8.3B
2024
$7.7B
$1.6B
73.7%
25.5%
$2.4B
$16.2B
$2.4B
2023
$7.4B
$986M
72.0%
17.8%
$1.9B
$16.4B
$1.9B
2022
$6.8B
$111M
67.4%
4.5%
$1.9B
$13.5B
$2.0B
2021
$8.5B
$965M
55.7%
15.9%
$2.3B
$11.4B
$2.0B
2020
$7.4B
$585M
50.8%
12.0%
$1.9B
$9.2B
$1.9B
2019
$4.9B
$431M
57.8%
16.1%
$1.1B
$9.0B
$1.7B
2018
$3.4B
$452M
67.5%
21.9%
$893M
$5.2B
$1.2B
2017
$4.0B
$468M
51.5%
14.1%
$330M
$4.7B
$1.3B
2016
$3.4B
$202M
52.4%
10.6%
—
$4.5B
$1.2B
2016
—
$62M
—
—
—
—
$988M
2016
$2.9B
$272M
60.4%
14.7%
$501M
$4.6B
$1.0B
2015
—
$278M
—
—
$337M
$1.7B
$651M
2014
—
$245M
—
—
$113M
$1.4B
$582M
2013
—
$216M
—
—
$142M
$1.2B
$680M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3.0B
-$1.8B
57.1%
-0.5%
-$550M
$22.7B
$5.9B
Dec '25
$1.9B
$218M
70.6%
8.8%
$347M
$21.6B
$8.3B
Sep '25
$2.0B
$635M
72.3%
38.8%
$599M
$15.3B
$2.6B
Jun '25
$2.0B
$242M
74.5%
21.8%
$665M
$16.1B
$2.6B
Mar '25
$1.8B
$306M
72.8%
20.4%
$428M
$16.1B
$2.7B
Dec '24
$1.9B
$567M
72.8%
36.0%
$699M
$16.2B
$2.4B
Sep '24
$2.0B
$315M
74.7%
22.2%
$669M
$16.9B
$2.9B
Jun '24
$2.0B
$375M
74.4%
24.1%
$630M
$17.3B
$2.1B
Mar '24
$2.4B
$313M
61.9%
18.7%
$384M
$17.2B
$2.2B
Dec '23
$2.4B
$361M
62.1%
20.5%
$500M
$16.4B
$1.9B
Sep '23
$2.5B
$362M
63.0%
22.5%
$257M
$16.7B
$1.9B
Jun '23
$2.5B
$274M
61.6%
24.6%
$396M
$17.1B
$1.9B
Mar '23
$2.3B
-$11M
58.7%
2.5%
$437M
$17.8B
$2.0B
Dec '22
$2.3B
$249M
58.8%
18.1%
$557M
$13.5B
$2.0B
Sep '22
$2.3B
$290M
59.3%
16.9%
$197M
$13.5B
$2.0B
Jun '22
$2.3B
-$673M
57.8%
-23.2%
$400M
$12.1B
$1.9B
Mar '22
$2.2B
$245M
55.6%
17.4%
$474M
$11.8B
$2.0B
Dec '21
$2.2B
$208M
55.9%
14.6%
$611M
$11.4B
$2.0B
Sep '21
$2.2B
$297M
57.1%
18.2%
$787M
$10.6B
$2.3B
Jun '21
$2.1B
$264M
56.2%
17.0%
$377M
$10.2B
$1.8B
Valuation over time
How the market has priced GPN against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 258.1× (Mar '23) to 13.3× (Jun '26).
The price-to-sales ratio has fallen from 4.2× (Mar '23) to 2.4× (Jun '26).
The dividend yield has risen from 1.0% (Mar '23) to 1.3% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is GPN growing its revenue and profit?
Over the past 5 years, Global Payments's revenue has grown 0.7% per year, and net income grown 19.1% per year. These are computed facts, not advice.
How much debt does GPN have?
As of FY2025, Global Payments reported $21.6B of total debt against $8.3B of cash.
What is GPN's profit margin?
In FY2025, gross margin was 72.6%, operating margin 22.8%, and net margin 18.2%.
What is GPN's P/E ratio?
As of Jun '26, Global Payments traded at a price-to-earnings ratio of about 13.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.