Global Payments Past Earnings Performance
Past criteria checks 1/6
Global Payments has been growing earnings at an average annual rate of 15.3%, while the Diversified Financial industry saw earnings growing at 13.5% annually. Revenues have been declining at an average rate of 1% per year. Global Payments's return on equity is 2.8%, and it has net margins of 7.1%.
Key information
15.29%
Earnings growth rate
19.68%
EPS growth rate
| Diversified Financial Industry Growth | 6.15% |
| Revenue growth rate | -0.96% |
| Return on equity | 2.84% |
| Net Margin | 7.12% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 07
GPN: Share Pullback And FY26 Cash Generation Plan Will Drive Repricing
Global Payments' updated analyst price targets reflect a modest trim of intrinsic value to about $95 per share, as analysts factor in slightly higher discount rates and only minor adjustments to growth and margin assumptions. At the same time, recent research argues that the recent double digit share pullback and concerns about near term guidance may be overdone.Seeking Alpha • Jun 04
Global Payments: Short-Term Continues To Look Uncertain
Summary Global Payments Inc. remains a Hold, as management must prove efficient growth and successful integration of Worldpay amid lackluster share price performance. Adjusted Q1 revenue rose 29.4% to $2.86B, with adjusted EPS up 10% to $2.96, but GAAP results were distorted by divestitures and tax impacts. GPN’s high leverage is manageable for now, with an adjusted interest coverage ratio of ~5x, but debt reduction and clean financials are needed for rerating. The market remains skeptical of GPN’s M&A strategy and legacy card-rails model, awaiting evidence of synergy realization and sustainable top- and bottom-line growth. Read the full article on Seeking AlphaNarrative Update • May 24
GPN: Worldpay Execution And FY26 Cash Generation Plan Will Drive Repricing
Global Payments' updated analyst fair value estimate has shifted from $101.88 to $94.92 as analysts factor in more moderate revenue and profit margin assumptions, a higher expected future P/E, and a series of reduced price targets and neutral ratings across recent research coverage. Analyst Commentary Recent research coverage on Global Payments has leaned cautious, with several firms lowering price targets and others maintaining or initiating Neutral ratings.
Narrative Update • May 07
GPN: Execution Risks Around 2026 Guidance Will Restrict Future Multiple Expansion
Analysts have trimmed their implied price target for Global Payments from about $70 to $60, reflecting updated assumptions for slower revenue growth, lower profit margins and a higher required return, even as Street research points to a higher future P/E on the back of the Worldpay integration and mixed target revisions across firms. Analyst Commentary Street research around Global Payments has turned more cautious, with several bearish analysts trimming price targets and reassessing the risk profile following the Worldpay acquisition and updated long term guidance.
Narrative Update • Apr 23
GPN: 2026 Margin Plan And Buybacks Will Support Future Re Rating
Global Payments' analyst fair value estimate has been adjusted slightly lower to $150.35 from $152.43, as analysts weigh fresh Neutral ratings, mixed price target revisions around the $80 to $97 range, and updated assumptions for revenue growth, margins, and forward P/E following the Worldpay acquisition and 2026 guidance. Analyst Commentary Recent research has leaned toward a balanced view on Global Payments, with many firms reiterating or initiating Neutral or equivalent ratings while adjusting price targets around the Worldpay acquisition and new 2026 guidance.Narrative Update • Apr 09
GPN: 2026 Margin Framework And Buybacks Will Support Stronger Long Term Profile
Analysts modestly increased the updated fair value estimate for Global Payments to $152.43 from $151.93. This change reflects recent revisions to price targets that balance concerns about competitive pressure and multiple compression with views that management's 2026 guidance and the Worldpay integration help support margins and earnings visibility.Narrative Update • Mar 25
GPN: Worldpay Integration And FY26 Framework Will Define Repricing Potential
Analysts have trimmed the fair value estimate for Global Payments to $101.88 from $104.36. This reflects higher assumed discount rates and P/E multiples, along with updated views on revenue growth, profit margins, and the impact of recent neutral ratings and modest price target moves in the $87 to $97 range following the Worldpay acquisition and FY26 guidance.Narrative Update • Mar 10
GPN: 2026 Margin Framework And Integration Progress Will Support Stronger Long Term Profile
The analyst price target for Global Payments has been reset lower by $5.09, reflecting updated assumptions on long term margins and valuation multiples, even as analysts cite Worldpay driven scale, clearer 2026 guidance, and ongoing integration work as key supports for the earnings outlook. Analyst Commentary Recent research suggests that many on the Street see Global Payments as a company in reset mode after the Worldpay deal, with valuation framed around execution on 2026 guidance and the combined merchant acquiring footprint.Narrative Update • Feb 24
GPN: Cautious 2026 Outlook And Sector Sentiment Will Constrain Share Upside
Analysts have nudged their targets on Global Payments higher into an $87 to $97 range, citing Q4 as a clearing event, updated 2026 guidance around 5% adjusted revenue growth with margin expansion, and the integration benefits of the Worldpay acquisition for the combined merchant acquiring business. Analyst Commentary Street research around Global Payments has been cautious, even as targets have moved into the high $80s to high $90s range.Narrative Update • Feb 10
GPN: Mixed Research Views And Sector Sentiment Will Likely Cap Near Term Upside
Analysts have made only a modest adjustment to their outlook for Global Payments, with small changes to the discount rate, revenue growth, profit margin, and future P/E assumptions helping explain the latest fine tuning of price targets seen across recent research updates. Analyst Commentary Recent research on Global Payments reflects a mixed backdrop, with some firms trimming price targets or striking a more cautious tone even as others adopt a more constructive stance.Narrative Update • Jan 27
GPN: Worldpay Integration And Product Rollout Will Likely Restrain Share Price Upside
Analysts have kept their fair value estimate for Global Payments at $70.00 while adjusting assumptions around revenue growth, profit margins and future P/E. This reflects mixed but generally constructive recent research that includes both modest price target trims and raises tied to the Genius rollout, the expected Worldpay closing, and a series of neutral initiations.Narrative Update • Jan 12
GPN: Worldpay Integration And Buybacks Will Support Stronger Long Term Profile
Analysts have nudged their fair value estimate for Global Payments higher to $157.02 from $155.63, citing raised Street price targets and growing confidence that the Genius rollout and expected Worldpay synergies can support stronger growth and profitability on a lower future P/E base. Analyst Commentary Recent research has tilted more constructive on Global Payments, with several bullish analysts lifting price targets and initiating coverage at higher levels.Narrative Update • Dec 26
GPN: Worldpay Integration Execution Will Likely Cap Future Share Price Upside
Analysts have modestly raised their price target on Global Payments to a range of $95 to $110 per share, citing improving organic revenue growth, slightly higher expected profitability, and increasing confidence in the Genius platform and Worldpay integration. Analyst Commentary While the recent research cycle has skewed constructive, commentary around Global Payments continues to highlight a balance of opportunity and risk.Narrative Update • Dec 12
GPN: Worldpay Integration Risks Will Limit Upside Despite Growing Business Momentum
Analysts have raised their fair value estimate for Global Payments by $5 to $70 per share, citing improving profitability, a slightly lower risk profile, and growing confidence in the strategic momentum of Genius and the pending Worldpay acquisition, as reflected in a series of recent price target increases and new positive initiations. Analyst Commentary Recent Street research has skewed positive on Global Payments, with multiple firms raising price targets and initiating with favorable ratings.Analysis Article • Dec 02
Global Payments (NYSE:GPN) Is Due To Pay A Dividend Of $0.25
Global Payments Inc. ( NYSE:GPN ) has announced that it will pay a dividend of $0.25 per share on the 26th of December...Analysis Article • Nov 12
Global Payments (NYSE:GPN) Is Due To Pay A Dividend Of $0.25
Global Payments Inc. ( NYSE:GPN ) will pay a dividend of $0.25 on the 26th of December. This makes the dividend yield...Narrative Update • Nov 05
GPN: Expansion Into Global Sports And Restaurant Markets Will Drive Shares Higher
The analyst price target for Global Payments has increased from $103.18 to $104.36. Analysts point to improving revenue growth, expanding profit margins, and positive momentum in merchant business trends as key drivers of the upward revision.Analysis Article • Sep 10
Global Payments (NYSE:GPN) Is Due To Pay A Dividend Of $0.25
The board of Global Payments Inc. ( NYSE:GPN ) has announced that it will pay a dividend on the 26th of September, with...Narrative Update • Sep 04
Digital Payments Expansion Will Empower US And Global Markets
Analysts remain divided on Global Payments, with some citing activist investor involvement and attractive valuation as upside catalysts while others maintain caution ahead of Q2 results, resulting in the consensus analyst price target remaining unchanged at $103.18. Analyst Commentary Bullish analysts cite the recent sizable stake taken by activist investor Elliot Management as a key catalyst offering substantial upside, given Global Payments' status as one of the cheapest stocks in the S&P 500.Analysis Article • Aug 09
Global Payments (NYSE:GPN) Has Announced A Dividend Of $0.25
Global Payments Inc.'s ( NYSE:GPN ) investors are due to receive a payment of $0.25 per share on 26th of September. The...Seeking Alpha • Apr 19
Global Payments Enacts Transformative Deal
Summary Global Payments (GPN) is expected to undergo significant changes with a transformative deal which should act as a catalyst for a rerating. Management plans to asset swap their Issuer Solutions business against WorldPay. This will transform Global Payments into a pure play commerce solutions company. Despite a challenging 2025, GPN's low current valuation presents a strong buy opportunity with potential for substantial upside over the next 3-5 years. The initial market reaction was very negative but ignores the huge potential behind this deal and provides an interesting entry level. Read the full article on Seeking AlphaSeeking Alpha • Mar 02
Global Payments Is Interesting Even With A Year Of Mild Recession
Summary Global Payments offers Merchant Solutions and Issuer Solutions, focusing on SMBs and benefiting from acquisitions like EVO Payments. GPN has maybe a narrow economic moat based on integrated software solutions and complex issuer services, offset by low profitability. Financially, GPN shows interesting EPS growth and manageable debt, with a BBB credit rating. A fair value derived from a combination of two DCF models and backed by a relative valuation is $155.2, indicating significant upside potential. A Bull Put Spread strategy seems even more interesting, because it can bring the same desired return even for a stagnant or slightly decreasing price. Read the full article on Seeking AlphaSeeking Alpha • Jan 22
Global Payments: Short-Term Looks Cloudy, But With A Lot Of Promise Once It Clears
Summary Global Payments' recent performance has been underwhelming, with slowing sales growth and deteriorating GAAP margins, leading me to downgrade it to a hold. Q3 financials showed a 5.58% sales growth, but GAAP EPS declined by 11%, highlighting efficiency issues despite a slight gross margin improvement. The EVO Payments acquisition is starting to improve adjusted margins, but GAAP improvements are expected to take longer, particularly in growth regions like LatAm and Asia. The company needs to focus on SME growth and streamline operations to regain its growth trajectory, with Q4 results crucial for future outlook. Read the full article on Seeking AlphaNew Narrative • Jan 20
Global Payments will reach new heights with a 34% upside potential
Q4 2024 momentum in Merchant Solutions with strong POS adoption (added ~3,000 new locations)Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Global Payments makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 8,855 | 630 | 3,850 | 0 |
| 31 Dec 25 | 7,706 | 1,073 | 3,388 | 0 |
| 30 Sep 25 | 7,718 | 1,344 | 3,484 | 0 |
| 30 Jun 25 | 7,708 | 1,181 | 3,467 | 0 |
| 31 Mar 25 | 7,722 | 1,274 | 3,508 | 0 |
| 31 Dec 24 | 7,736 | 1,285 | 3,543 | 0 |
| 30 Sep 24 | 8,237 | 1,187 | 3,550 | 0 |
| 30 Jun 24 | 8,715 | 1,264 | 3,681 | 0 |
| 31 Mar 24 | 9,196 | 1,237 | 3,689 | 0 |
| 31 Dec 23 | 7,380 | 620 | 3,532 | 0 |
| 30 Sep 23 | 9,474 | 874 | 3,687 | 0 |
| 30 Jun 23 | 9,283 | 803 | 3,565 | 0 |
| 31 Mar 23 | 9,112 | -144 | 3,421 | 0 |
| 31 Dec 22 | 8,976 | 111 | 3,250 | 0 |
| 30 Sep 22 | 8,917 | 71 | 3,163 | 0 |
| 30 Jun 22 | 8,833 | 77 | 3,148 | 0 |
| 31 Mar 22 | 8,690 | 1,014 | 3,107 | 0 |
| 31 Dec 21 | 8,524 | 965 | 3,429 | 0 |
| 30 Sep 21 | 8,260 | 940 | 2,987 | 0 |
| 30 Jun 21 | 7,975 | 864 | 2,813 | 0 |
| 31 Mar 21 | 7,510 | 638 | 2,642 | 0 |
| 31 Dec 20 | 7,424 | 585 | 2,917 | 0 |
| 30 Sep 20 | 7,481 | 505 | 2,522 | 0 |
| 30 Jun 20 | 6,669 | 379 | 2,318 | 0 |
| 31 Mar 20 | 5,932 | 462 | 2,129 | 0 |
| 31 Dec 19 | 4,912 | 431 | 2,062 | 0 |
| 30 Sep 19 | 3,805 | 403 | 1,530 | 0 |
| 30 Jun 19 | 3,556 | 484 | 1,486 | 0 |
| 31 Mar 19 | 3,454 | 473 | 1,465 | 0 |
| 31 Dec 18 | 3,366 | 452 | 1,478 | 0 |
| 30 Sep 18 | 3,540 | 619 | 1,504 | 0 |
| 30 Jun 18 | 3,721 | 553 | 1,486 | 0 |
| 31 Mar 18 | 3,850 | 511 | 1,421 | 0 |
| 31 Dec 17 | 3,975 | 468 | 1,488 | 0 |
| 30 Sep 17 | 4,277 | 263 | 1,363 | 0 |
| 30 Jun 17 | 4,189 | 208 | 1,408 | 0 |
| 31 Mar 17 | 4,070 | 203 | 1,410 | 0 |
| 31 Dec 16 | 3,776 | 214 | 1,335 | 0 |
| 30 Nov 16 | 3,308 | 241 | 1,264 | 0 |
| 31 Aug 16 | 3,089 | 270 | 1,261 | 0 |
| 31 May 16 | 2,898 | 272 | 1,274 | 0 |
| 29 Feb 16 | 2,858 | 300 | 1,323 | 0 |
| 30 Nov 15 | 2,843 | 293 | 1,326 | 0 |
| 31 Aug 15 | 2,818 | 289 | 1,313 | 0 |
Quality Earnings: GPN has a large one-off loss of $742.4M impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: GPN's current net profit margins (7.1%) are lower than last year (16.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GPN's earnings have grown by 15.3% per year over the past 5 years.
Accelerating Growth: GPN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GPN had negative earnings growth (-50.5%) over the past year, making it difficult to compare to the Diversified Financial industry average (8.6%).
Return on Equity
High ROE: GPN's Return on Equity (2.8%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/15 14:50 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Global Payments Inc. is covered by 49 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Koning | Baird |
| Gary Prestopino | Barrington Research Associates, Inc. |
| Harshita Rawat | Bernstein |