Market Summary
USD105.24+2.05
Market Closed1.99%
GPN Alerts
GPN Stock Price
GPN RSI Chart
GPN Valuation
GPN Price/Sales (Trailing)
GPN Profitability
GPN Fundamentals
GPN Revenue
GPN Earnings
Price Action
52 Week Range
92.27146.42
(Low)(High)
Last 7 days
6.9%
Last 30 days
-5.8%
Last 90 days
6.0%
Trailing 12 Months
-22.9%
GPN Financial Health
GPN Investor Care
Peers (Alternatives to Global Payments)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MA | 350.7B | 22.2B | 2.80% | 1.98% | 35.32 | 15.77 | 17.76% | 14.31% |
ACN | 180.1B | 62.4B | 8.43% | -14.31% | 25.54 | 2.89 | 16.08% | 13.77% |
FIS | 32.9B | 14.5B | -13.56% | -45.65% | -1.97 | 2.26 | 4.69% | -4109.59% |
GPN | 27.7B | 9.0B | -5.77% | -22.94% | 248.33 | 3.08 | 5.30% | -88.45% |
AKAM | 12.3B | 3.6B | 7.19% | -34.42% | 23.4 | 3.39 | 4.49% | -19.64% |
| MID-CAP | ||||||||
WEX | 7.9B | 2.4B | -5.10% | 3.05% | 47.54 | 3.38 | 27.02% | 23.58% |
EXLS | 5.4B | 1.4B | -0.87% | 12.95% | 37.62 | 3.81 | 25.82% | 24.58% |
MMS | 4.8B | 4.7B | -4.01% | 6.40% | 25.11 | 1.01 | 6.04% | -32.08% |
WU | 4.2B | 4.5B | -13.30% | -39.64% | 4.57 | 0.93 | -11.74% | 13.01% |
| SMALL-CAP | ||||||||
MGI | 1.0B | 1.3B | -4.23% | -1.33% | 29.44 | 0.77 | 2.06% | 190.24% |
CNDT | 748.9M | 3.9B | -12.94% | -33.53% | -4.12 | 0.19 | -6.81% | -550.00% |
CASS | 592.0M | 182.5M | -10.41% | 17.34% | 16.96 | 3.24 | 18.38% | 22.02% |
IIIV | 564.2M | 330.0M | -0.69% | -11.95% | -31.55 | 1.71 | 30.19% | -260.46% |
Financials for Global Payments
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 0.7% | 8,976 | 8,917 | 8,833 | 8,690 | 8,524 |
| S&GA Expenses | 0.4% | 3,525 | 3,510 | 3,449 | 3,425 | 3,391 |
| Costs and Expenses | -0.3% | 8,335 | 8,363 | 8,266 | 7,230 | 7,165 |
| EBITDA | 5.5% | 1,028 | 974 | 975 | 3,174 | - |
| EBITDA Margin | 4.8% | 0.11* | 0.11* | 0.11* | 0.37* | - |
| Earnings Before Taxes | 34.8% | 224 | 166 | 219 | 1,133 | 1,045 |
| EBT Margin | 33.9% | 0.02* | 0.02* | 0.02* | 0.13* | - |
| Interest Expenses | 14.2% | 404 | 354 | 336 | 328 | - |
| Net Income | 57.8% | 111 | 71.00 | 77.00 | 1,014 | 965 |
| Net Income Margin | 56.8% | 0.01* | 0.01* | 0.01* | 0.12* | - |
| Free Cahsflow | -1.9% | 2,244 | 2,288 | 2,869 | 2,811 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 2.0% | 44,809 | 43,939 | 44,176 | 45,435 | 45,280 |
| Current Assets | 15.8% | 6,314 | 5,453 | 5,217 | 5,152 | 4,711 |
| Cash Equivalents | 0.2% | 1,998 | 1,994 | 1,933 | 2,045 | 1,979 |
| Goodwill | -0.4% | 23,321 | 23,421 | 23,496 | 24,794 | 24,813 |
| Liabilities | 5.7% | 22,269 | 21,066 | 20,199 | 20,040 | 19,410 |
| Current Liabilities | 21.5% | 6,899 | 5,677 | 5,982 | 4,867 | 4,463 |
| Long Term Debt | 0.0% | 12,289 | 12,290 | 10,884 | 11,724 | 11,415 |
| Shareholder's Equity | -1.6% | 22,304 | 22,661 | 23,977 | 25,395 | 25,628 |
| Retained Earnings | 7.2% | 2,731 | 2,548 | 2,326 | 3,069 | 2,982 |
| Additional Paid-In Capital | -3.6% | 19,978 | 20,717 | 21,801 | 22,338 | 22,880 |
| Shares Outstanding | -2.7% | 263 | 270 | 277 | 281 | 285 |
| Minority Interest | 11.5% | 237 | 212 | 221 | 235 | 241 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -1.9% | 2,244 | 2,288 | 2,869 | 2,811 | 2,781 |
| Share Based Compensation | 3.9% | 163 | 157 | 186 | 182 | 181 |
| Cashflow From Investing | 54.5% | -675 | -1,484 | -1,495 | -2,357 | -2,293 |
| Cashflow From Financing | -53.0% | -1,376 | -899 | -1,056 | -412 | -405 |
| Dividend Payments | -2.0% | 274 | 280 | 284 | 272 | 260 |
| Buy Backs | 114.6% | 2,921 | 1,361 | 1,384 | 1,392 | 2,534 |
Risks for GPN
What is the probability of a big loss on GPN?
68.8%
Probability that Global Payments stock will be more than 20% underwater in next one year
47.7%
Probability that Global Payments stock will be more than 30% underwater in next one year.
30%
Probability that Global Payments stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does GPN drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Global Payments was unfortunately bought at previous high price.
Drawdowns
Returns for GPN
Cumulative Returns on GPN
15.9%
10-Year Cumulative Returns
7.3%
7-Year Cumulative Returns
-0.8%
5-Year Cumulative Returns
-9.6%
3-Year Cumulative Returns
What are the long-term rolling returns for GPN?
FIve years rolling returns for Global Payments.
Annualized Returns
Which funds bought or sold GPN recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-29 | Diametric Capital, LP | sold off | -100 | -398,000 | - | -% |
2023-03-23 | MetLife Investment Management, LLC | reduced | -4.01 | -934,750 | 7,009,410 | 0.06% |
2023-03-23 | ETF MANAGERS GROUP, LLC | reduced | -1.06 | -1,643,580 | 16,501,400 | 0.77% |
2023-03-17 | American Portfolios Advisors | reduced | -24.06 | -192,468 | 552,333 | 0.02% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -0.06 | -97,883 | 1,096,120 | 0.03% |
2023-03-13 | Claro Advisors LLC | reduced | -3.23 | -35,584 | 232,416 | 0.08% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 2.13 | -21,185,800 | 325,110,000 | 0.36% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -6.83 | -230,000 | 1,382,000 | 0.01% |
2023-03-06 | NORTH STAR ASSET MANAGEMENT INC | added | 1.42 | -1,538,910 | 21,165,100 | 1.31% |
2023-03-03 | TIAA, FSB | sold off | -100 | -249,000 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
GPN Alerts
Global Payments News
Schedule 13G FIlings of Global Payments
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | price t rowe associates inc /md/ | 4.7% | 12,588,858 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.80% | 26,492,838 | SC 13G/A | |
| Feb 07, 2023 | blackrock inc. | 7.4% | 19,894,799 | SC 13G/A | |
| Feb 06, 2023 | wellington management group llp | 5.52% | 14,932,232 | SC 13G/A | |
| Mar 11, 2022 | blackrock inc. | 6.4% | 18,521,387 | SC 13G/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 5.8% | 16,949,743 | SC 13G/A | |
| Feb 08, 2022 | blackrock inc. | 6.4% | 18,521,387 | SC 13G | |
| Feb 04, 2022 | wellington management group llp | 6.09% | 17,677,094 | SC 13G/A | |
| Nov 10, 2021 | price t rowe associates inc /md/ | 10.8% | 31,908,812 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 16.3% | 48,870,606 | SC 13G/A |
GPN Fair Value
Global Payments fair value in different scenarios
The table shows the Fair Value estimates for Global Payments for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 64.70 -38.52% | 82.18 -21.91% | 141.27 34.24% | 232.95 121.35% | 323.54 207.43% |
| Current Inflation | 60.78 -42.25% | 75.84 -27.94% | 126.28 19.99% | 203.75 93.61% | 279.83 165.90% |
| Very High Inflation | 55.95 -46.84% | 68.18 -35.21% | 108.68 3.27% | 170.02 61.55% | 229.76 118.32% |
Historical Global Payments Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Global Payments
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 24, 2023 | S-8 | Employee Benefits Plan | |
| Mar 20, 2023 | CERT | CERT | |
| Mar 17, 2023 | 8-A12B | 8-A12B | |
| Mar 17, 2023 | 8-K | Current Report | |
| Mar 16, 2023 | ARS | ARS | |
| Mar 16, 2023 | DEF 14A | DEF 14A | |
| Mar 16, 2023 | DEFA14A | DEFA14A | |
| Mar 10, 2023 | 424B5 | Prospectus Filed | |
| Mar 09, 2023 | 8-K | Current Report | |
| Mar 08, 2023 | 424B5 | Prospectus Filed |
Latest Insider Trading transactions for GPN
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-27 | SHEFFIELD DAVID M | sold | -176,631 | 113 | -1,562 | chief accounting officer |
2023-02-24 | Sacchi Guido Francesco | acquired | 619,848 | 112 | 5,524 | senior evp and cio |
2023-02-24 | Sacchi Guido Francesco | sold (taxes) | -358,623 | 112 | -3,196 | senior evp and cio |
2023-02-24 | Bready Cameron M | sold (taxes) | -686,276 | 112 | -6,116 | president and coo |
2023-02-24 | Bready Cameron M | acquired | 1,183,140 | 112 | 10,544 | president and coo |
2023-02-24 | SHEFFIELD DAVID M | sold (taxes) | -57,339 | 112 | -511 | chief accounting officer |
2023-02-24 | Whipple Joshua J | sold (taxes) | -147,332 | 112 | -1,313 | senior evp and cfo |
2023-02-24 | Whipple Joshua J | acquired | 258,868 | 112 | 2,307 | senior evp and cfo |
2023-02-24 | Green David Lawrence | acquired | 473,302 | 112 | 4,218 | senior evp and general counsel |
2023-02-24 | SLOAN JEFFREY STEVEN | acquired | 3,042,350 | 112 | 27,113 | ceo |
Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Merchant Solutions, Issuer Solutions, and Business and Consumer Solutions. The Merchant Solutions segment offers authorization services, settlement and funding services, customer support and help-desk functions, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and statements, and on-line reporting services. This segment also provides an array of enterprise software solutions that streamline business operations of its customers in various vertical markets; and value-added services, such as point-of-sale solutions, and analytic and engagement tools, as well as payroll and human capital management services. The Issuer Solutions segment offers solutions that enable financial institutions and retailers to manage their card portfolios through a platform; and commercial payments and ePayables solutions for businesses and governments. The Business and Consumer Solutions segment provides general-purpose reloadable prepaid debit and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other consumers, and businesses under the Netspend brand. It markets its products and services through direct sales force, trade associations, agent and enterprise software providers, referral arrangements with value-added resellers, and independent sales organizations. The company was founded in 1967 and is headquartered in Atlanta, Georgia.
GPN Income Statement
2022-12-31CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Revenues | $ 8,975,515 | $ 8,523,762 | $ 7,423,558 |
| Operating expenses: | |||
| Cost of service | 3,778,617 | 3,773,725 | 3,650,727 |
| Selling, general and administrative | 3,524,578 | 3,391,161 | 2,878,878 |
| Impairment of goodwill | 833,075 | 0 | 0 |
| Loss on business dispositions | 199,094 | 0 | 0 |
| Total costs and expenses | 8,335,364 | 7,164,886 | 6,529,605 |
| Operating income | 640,151 | 1,358,876 | 893,953 |
| Interest and other income | 33,604 | 19,320 | 43,551 |
| Interest and other expense | (449,433) | (333,651) | (343,548) |
| Total nonoperating income (expense) | (415,829) | (314,331) | (299,997) |
| Income before income taxes and equity in income of equity method investments | 224,322 | 1,044,545 | 593,956 |
| Income tax expense | 166,694 | 169,034 | 77,153 |
| Income before equity in income of equity method investments | 57,628 | 875,511 | 516,803 |
| Equity in income of equity method investments, net of tax | 85,685 | 112,353 | 88,297 |
| Net income | 143,313 | 987,864 | 605,100 |
| Net income attributable to noncontrolling interests | (31,820) | (22,404) | (20,580) |
| Net income attributable to Global Payments | $ 111,493 | $ 965,460 | $ 584,520 |
| Earnings per share attributable to Global Payments: | |||
| Basic earnings per share (USD per share) | $ 0.41 | $ 3.30 | $ 1.95 |
| Diluted earnings per share (USD per share) | $ 0.40 | $ 3.29 | $ 1.95 |
GPN Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,997,566 | $ 1,979,308 |
| Accounts receivable, net | 998,332 | 946,247 |
| Settlement processing assets | 2,519,114 | 1,143,539 |
| Current assets held for sale | 138,815 | 4,779 |
| Prepaid expenses and other current assets | 660,321 | 637,112 |
| Total current assets | 6,314,148 | 4,710,985 |
| Goodwill | 23,320,736 | 24,813,274 |
| Other intangible assets, net | 9,658,374 | 11,633,709 |
| Property and equipment, net | 1,838,809 | 1,687,586 |
| Deferred income taxes | 37,907 | 12,117 |
| Noncurrent assets held for sale | 1,295,799 | 0 |
| Other noncurrent assets | 2,343,241 | 2,422,042 |
| Total assets | 44,809,014 | 45,279,713 |
| Current liabilities: | ||
| Settlement lines of credit | 747,111 | 484,202 |
| Current portion of long-term debt | 1,169,330 | 78,505 |
| Accounts payable and accrued liabilities | 2,442,560 | 2,542,256 |
| Settlement processing obligations | 2,413,799 | 1,358,051 |
| Current liabilities held for sale | 125,891 | 0 |
| Total current liabilities | 6,898,691 | 4,463,014 |
| Long-term debt | 12,289,248 | 11,414,809 |
| Deferred income taxes | 2,428,412 | 2,793,427 |
| Noncurrent liabilities held for sale | 4,478 | 0 |
| Other noncurrent liabilities | 647,975 | 739,046 |
| Total liabilities | 22,268,804 | 19,410,296 |
| Commitments and contingencies | ||
| Equity: | ||
| Preferred stock, no par value; 5,000,000 shares authorized and none issued | 0 | 0 |
| Common stock, no par value; 400,000,000 shares authorized at December 31, 2022 and 2021; 263,081,872 shares issued and outstanding at December 31, 2022 and 284,750,452 shares issued and outstanding at December 31, 2021 | 0 | 0 |
| Paid-in capital | 19,978,095 | 22,880,261 |
| Retained earnings | 2,731,380 | 2,982,122 |
| Accumulated other comprehensive loss | (405,969) | (234,182) |
| Total Global Payments shareholders’ equity | 22,303,506 | 25,628,201 |
| Noncontrolling interests | 236,704 | 241,216 |
| Total equity | 22,540,210 | 25,869,417 |
| Total liabilities and equity | $ 44,809,014 | $ 45,279,713 |