GLOBAL PAYMENTS INC

10-K & 10-Q Filings

Global Payments Inc. is a leading payments technology company with a worldwide presence, providing innovative software and services to customers in North America, Europe, Asia-Pacific, and Latin America. The company's business strategy includes leveraging technology and innovation, scaling its four pillars (software-driven focus, ecommerce and omnichannel solutions, exposure to faster growth markets, and B2B payments), delivering frictionless customer experiences, and nurturing a strong culture. Global Payments operates in two reportable segments: Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers payment technology and software solutions to customers globally, including authorization, settlement, and funding services, customer support, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and reporting, and enterprise software solutions. The Issuer Solutions segment provides solutions for financial institutions and other financial service providers, enabling them to manage their card portfolios and offer a seamless experience for cardholders on a single platform. The company's website is www.globalpaymentsinc.com, and its common stock is traded on the New York Stock Exchange under the symbol "GPN."

12 mos ending May 31, 201212 mos ending May 31, 201312 mos ending May 31, 201412 mos ending May 31, 201512 mos ending May 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$2203.85
2375.92
2554.24
2773.72
2898.15
3975.16
3366.37
4911.89
7423.56
8523.76
8975.51
9654.42
2292.45
2420.19
14.37%5.57%Cost of Revenue (-)
$784.76
862.08
952.23
1022.11
1147.64
1928.04
1095.01
2073.80
3650.73
3773.72
3778.62
3727.52
947.75
922.39
15.22%-2.68%Gross Profit (+)
$1419.09
1513.85
1602.01
1751.61
1750.51
2047.13
2271.35
2838.09
3772.83
4750.04
5196.90
5926.90
1344.69
1497.80
13.88%11.39%Selling, General & Administrative (-)
$1027.30
1119.86
1203.51
1295.01
1325.57
1488.26
1534.30
2046.67
2878.88
3391.16
3524.58
4073.77
1043.13
1045.55
13.34%0.23%Non-recurring Operating Expenses (-)
$
833.08
Operating Expenses (-)
$1027.30
1119.86
1203.51
1295.01
1325.57
1488.26
1534.30
2046.67
2878.88
3391.16
4556.75
4210.51
1287.96
1045.55
13.68%-18.82%Costs & Expenses (Total) (-)
$1812.06
1981.93
2148.74
2317.12
2473.21
3416.30
2629.31
4120.48
6529.60
7164.89
8335.36
7938.03
2235.71
1967.93
14.37%-11.98%Operating Income/Loss (+)
$307.35
357.21
405.50
456.60
424.94
558.87
737.05
791.42
893.95
1358.88
640.15
1716.39
56.73
452.25
16.93%697.13%Non-operating Income/Expense (+)
$-6.90
-22.93
-28.15
-39.49
-64.03
-166.19
-174.90
-273.49
-300.00
-314.33
-415.83
-546.44
-111.79
-126.22
-12.91%Earnings before Tax (+)
$300.45
334.28
377.35
417.11
360.91
392.68
562.15
517.92
593.96
1044.55
224.32
1169.95
-55.06
326.03
13.15%692.17%Tax Expense (-)
$82.88
95.57
107.40
108.00
70.69
-101.40
77.49
62.19
77.15
169.03
166.69
209.02
-31.40
19.38
8.77%161.73%Income/Loss (Continuing Operations) (+)
$217.57
238.71
269.95
309.12
290.22
494.08
484.67
455.73
516.80
875.51
57.63
960.93
-23.66
306.65
14.46%1396.18%Income/Loss (Discontinued Operations) (+)
$
Profit/Loss (+)
$217.57
238.71
269.95
309.12
290.22
494.07
484.67
469.28
605.10
987.86
143.31
1028.82
-4.42
323.06
15.17%7409.10%Net Income/Loss (NCI) (-)
$29.41
22.59
24.67
31.07
18.55
25.64
32.61
38.66
20.58
22.40
31.82
42.59
6.62
9.76
3.43%47.33%Net Income/Loss (+)
$188.16
216.13
245.29
278.04
271.67
468.43
452.05
430.61
584.52
965.46
111.49
986.23
-11.04
313.31
16.25%2937.67%Net Income/Loss (Common) (+)
$188.16
216.13
245.29
278.04
271.67
468.43
452.05
430.61
584.52
965.46
111.49
986.23
-11.04
313.31
16.25%2937.67%EPS (Basic)
$2.39
2.78
3.40
4.15
2.05
3.03
2.85
2.17
1.95
3.30
0.41
3.78
-0.04
1.22
4.26%3150.00%EPS (Diluted)
$2.37
2.76
3.37
4.12
2.04
3.01
2.84
2.16
1.95
3.29
0.40
3.77
-0.04
1.22
4.31%3150.00%Weighted Avg Shares (Basic)
78.66
75.58
68.18
65.12
153.63
159.21
157.60
299.63
295.24
281.97
263.15
257.98
261.95
255.25
11.40%-2.56%Cash
$781.27
680.47
581.87
650.74
1044.73
1335.86
1210.88
1678.27
1945.87
1979.31
1997.57
2088.89
2001.67
2167.62
9.35%8.29%Receivables
$182.96
189.44
214.57
202.39
281.61
301.89
348.40
895.23
794.17
946.25
998.33
1120.08
1067.17
1054.19
17.91%-1.22%Inventory
$9.86
11.06
6.64
5.23
Prepaid Expenses (Current)
$33.65
66.69
45.67
36.90
181.85
206.54
216.71
439.17
621.47
641.89
660.32
760.93
787.41
830.55
32.78%5.48%Other Assets (Current)
$240.99
266.85
794.69
2407.03
1343.13
2459.29
1600.22
1353.78
1230.85
1143.54
2657.93
4103.87
1738.80
5617.58
29.40%223.07%Assets (Current)
$1248.74
1214.49
1643.44
3302.30
2851.31
4303.58
3376.21
4366.45
4592.36
4710.98
6314.15
8073.76
5595.05
9669.93
18.49%72.83%Property, Plant & Equipment (Net)
$305.85
348.06
369.75
374.14
493.68
588.35
653.54
1382.80
1578.53
1687.59
1838.81
2190.01
2023.46
2200.37
19.60%8.74%Goodwill & Intangibles
$1014.88
1445.07
1872.46
2051.97
7094.11
7885.70
8829.97
36914.40
35887.33
36446.98
32979.11
36911.57
37438.55
36525.05
38.64%-2.44%Other Assets
$118.68
117.43
133.00
65.14
70.85
220.44
371.05
1816.52
2143.32
2434.16
3676.95
3394.85
3581.57
3379.41
35.64%-5.64%Assets (Non-current)
$1439.40
1910.56
2375.21
2491.25
7658.64
8694.49
9854.57
40113.71
39609.18
40568.73
38494.87
42496.43
43043.59
42104.82
36.04%-2.18%Assets (Total)
$2688.14
3125.06
4018.65
5793.55
10509.95
12998.07
13230.77
44480.16
44201.54
45279.71
44809.01
50570.19
48638.64
51774.75
30.57%6.45%Accounts Payable
$328.60
281.76
302.50
326.88
696.41
1039.61
1176.70
1822.17
2061.38
2542.26
2442.56
2823.64
2514.62
2630.79
21.60%4.62%Debt (Current)
$215.39
259.80
457.81
655.13
513.98
735.47
815.56
498.37
1186.05
562.71
1916.44
1601.83
1667.70
2675.26
20.01%60.42%Other Liabilities (Current)
$293.30
162.56
451.32
2033.90
1220.32
2040.51
1276.36
1258.81
1301.65
1358.05
2539.69
3700.26
1901.09
5209.97
25.92%174.05%Liabilities (Current)
$837.28
704.11
1211.62
3015.90
2430.71
3815.59
3268.62
3579.35
4549.09
4463.01
6898.69
8125.73
6083.41
10516.02
22.95%72.86%Debt (Non-current)
$236.56
891.13
1376.00
1680.00
4379.74
4559.41
5015.17
9090.36
8466.41
11414.81
12289.25
15692.30
16534.07
15565.70
46.42%-5.86%Other Liabilities
$313.37
243.20
298.23
234.09
822.10
657.84
760.64
3755.46
3699.00
3532.47
3080.86
3472.61
3694.40
2706.88
24.44%-26.73%Liabilities (Non-current)
$549.94
1134.34
1674.23
1914.09
5201.84
5217.25
5775.81
12845.83
12165.41
14947.28
15370.11
19164.91
20228.48
18272.59
38.10%-9.67%Liabilities (Total)
$1387.22
1838.45
2885.85
4929.99
7632.55
9032.84
9044.43
16425.17
16714.50
19410.30
22268.80
27290.64
26311.89
28788.60
31.11%9.41%Retained Earnings
$843.46
958.75
815.98
795.23
1015.81
1597.90
2066.41
2333.01
2570.87
2982.12
2731.38
3457.18
2654.59
3706.87
13.68%39.64%AOCI
$-30.00
-15.06
-1.78
-185.99
-246.05
-183.14
-310.18
-310.57
-202.27
-234.18
-405.97
-258.93
-410.82
-297.44
27.60%Shareholder's Equity
$1300.92
1286.61
1132.80
863.55
2877.40
3965.23
4186.34
28054.99
27487.04
25869.42
22540.21
23279.55
22326.76
22843.08
29.98%2.31%Liabilities & Equity
$2688.14
3125.06
4018.65
5793.55
10509.95
12998.07
13230.77
44480.16
44201.54
45279.71
44809.01
50570.19
48638.64
51774.75
30.57%6.45%Net Income/Loss
$217.57
238.71
269.95
309.12
290.22
494.07
484.67
469.28
605.10
987.86
143.31
1028.82
-4.42
323.06
15.17%7409.10%Depreciation & Amortization
$
111.79
122.07
137.50
187.89
496.25
574.37
878.34
1614.44
1691.38
1662.45
1776.69
407.25
461.14
13.23%Increase/Decrease in Working Capital
$506.68
178.28
245.01
141.63
-57.80
358.87
44.53
155.97
89.45
168.18
738.44
663.26
49.11
341.77
2.48%595.86%Share-based Compensation
$16.39
18.43
29.79
21.06
30.81
39.09
57.83
89.63
148.79
180.78
163.26
208.99
89.57
40.12
26.04%-55.21%Adjustments to Reconcile Net Income
$-391.04
1.83
-75.85
115.59
294.80
18.32
621.43
922.00
1709.05
1792.96
2100.73
1219.92
603.95
93.25
-84.56%Net Cash (Operating)
$-173.47
240.55
194.10
424.70
585.00
512.39
1106.08
1391.28
2314.15
2780.82
2244.04
2248.74
599.53
416.32
-30.56%Capital Expenditure
$
97.36
77.80
81.95
82.77
144.34
213.29
952.49
597.04
2304.65
711.08
4404.68
4208.98
148.00
-96.48%Net Cash (Investing)
$-150.43
-528.57
-501.67
-440.92
-2127.25
-736.02
-1476.29
-917.09
-438.34
-2293.83
-675.54
-4361.11
-4206.79
-148.00
96.48%Increase/Decrease in Debt
$-93.22
625.05
682.07
546.82
2180.61
434.32
540.68
482.74
-74.21
2380.43
2202.80
2825.45
3919.40
1020.64
-73.96%Increase/Decrease in Equity
$11.45
6.56
25.77
22.55
-54.90
0.60
-2.03
-330.47
-573.08
-2505.40
-2925.82
-370.66
-208.27
-818.41
-292.95%Dividends Paid
$6.31
6.20
5.76
5.34
5.44
6.73
6.33
86.74
233.22
259.73
273.95
260.43
65.75
63.62
40.24%-3.25%Net Cash (Financing)
$-218.19
183.52
218.90
141.38
1965.49
352.31
286.93
-28.67
-1546.14
-405.37
-1376.70
2141.12
3610.83
-163.44
-104.53%Effect of Exchange Rate
$-30.92
3.69
-9.92
-56.29
-29.25
44.41
-41.70
21.88
81.83
-48.38
-99.22
12.52
18.58
-34.03
-283.14%Increase/Decrease in Cash
$-573.01
-100.81
-98.60
68.87
393.99
173.08
-124.98
467.39
411.50
33.25
92.58
41.27
22.15
70.85
219.91%Cash (Beginning)
$1354.29
781.27
680.47
581.87
650.74
1162.78
1335.86
1210.88
1678.27
2089.77
2123.02
2215.61
2215.61
2256.88
4.58%1.86%Cash (Ending)
$781.27
680.47
581.87
650.74
1044.73
1335.86
1210.88
1678.27
2089.77
2123.02
2215.61
2256.88
2237.75
2327.72
10.12%4.02%NOPAT
$222.56
255.09
290.09
338.38
341.71
703.18
635.46
696.39
777.83
1138.98
164.45
1409.74
89.09
425.37
18.27%377.45%Gross Margin %
64.39%
63.72%
62.72%
63.15%
60.40%
51.50%
67.47%
57.78%
50.82%
55.73%
57.90%
61.39%
58.66%
61.89%
Operating Margin %
13.95%
15.03%
15.88%
16.46%
14.66%
14.06%
21.89%
16.11%
12.04%
15.94%
7.13%
17.78%
2.47%
18.69%
NOPAT Margin %
10.10%
10.74%
11.36%
12.20%
11.79%
17.69%
18.88%
14.18%
10.48%
13.36%
1.83%
14.60%
3.89%
17.58%
Net Margin %
8.54%
9.10%
9.60%
10.02%
9.37%
11.78%
13.43%
8.77%
7.87%
11.33%
1.24%
10.22%
-0.48%
12.95%
Tax Rate %
27.59%
28.59%
28.46%
25.89%
19.59%
-25.82%
13.78%
12.01%
12.99%
16.18%
74.31%
17.87%
-57.03%
5.94%
ROA
8.28%
8.16%
7.22%
5.84%
3.25%
5.41%
4.80%
1.57%
1.76%
2.52%
0.37%
2.79%
0.18%
0.82%
ROE
17.11%
19.83%
25.61%
39.18%
11.88%
17.73%
15.18%
2.48%
2.83%
4.40%
0.73%
6.06%
0.40%
1.86%
ROIC
17.22%
13.18%
12.97%
21.09%
4.86%
9.61%
7.41%
1.85%
2.11%
3.05%
0.49%
3.78%
0.23%
1.19%
Asset Turnover
0.82
0.76
0.64
0.48
0.28
0.31
0.25
0.11
0.17
0.19
0.20
0.19
0.05
0.05
Inventory Turnover
79.56
77.97
143.49
195.51
Equity Multiplier
2.07
2.43
3.55
6.71
3.65
3.28
3.16
1.59
1.61
1.75
1.99
2.17
2.18
2.27
Current Ratio
1.49
1.72
1.36
1.09
1.17
1.13
1.03
1.22
1.01
1.06
0.92
0.99
0.92
0.92
Quick Ratio
1.15
1.24
0.66
0.28
0.55
0.43
0.48
0.72
0.60
0.66
0.43
0.39
0.50
0.31
Debt/Equity Ratio
0.35
0.89
1.62
2.70
1.70
1.34
1.39
0.34
0.35
0.46
0.63
0.74
0.82
0.80
Working Capital/Sales
-0.01
0.06
-0.00
-0.30
-0.19
-0.29
-0.27
-0.13
-0.07
-0.09
-0.13
-0.19
-0.60
-1.28
Dividend Payout Ratio %
2.84%
2.43%
1.98%
1.58%
1.59%
0.96%
1.00%
12.46%
29.98%
22.80%
166.58%
18.47%
73.80%
14.96%
Total Payout
$88.08
-625.41
-702.08
-564.03
-2120.27
-428.18
-532.32
-65.54
880.50
384.70
996.97
-2194.36
-3645.37
-138.61
96.20%Payout Ratio %
39.58%
-245.17%
-242.02%
-166.69%
-620.50%
-60.89%
-83.77%
-9.41%
113.20%
33.78%
606.23%
-155.66%
-4091.74%
-32.59%