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Global Payments GPN Debt-to-equity

Debt-to-equity at other companies

Fidelity National Information Services logo
Fidelity National Information ServicesFIS
1.3×+0.7×
Shopify logo
ShopifySHOP
-0.1×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
0.5×-0.1×
Corpay logo
CorpayCPAY
+0.6×
Paychex logo
PaychexPAYX
1.1×+0.9×
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
2.5×-0.3×

Other financials

Income statement

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Revenue$3.0B+63.1%
Gross profit$1.7B+28.0%
Operating income-$15.6M-104%
Net income-$1.8B-689%
EPS (diluted)-$6.59-631%

Balance sheet

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Cash & equivalents$5.9B+116%
Total debt$22.6B+39.3%
Total equity$23.8B+6.9%
Total assets$64.3B+34.9%

Cash flow

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Operating cash flow-$288.8M-152%
CapEx$261.3M+105%
Free cash flow-$550.2M-229%

Valuation

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Market cap$18.15B-23.1%
Enterprise value$34.88B-6.2%
P/S2.1×-1.0×

Profitability

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Gross margin67.3%-6.4pp
Operating margin15.3%-10.4pp
Net margin-8%-28.2pp

Returns & leverage

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Return on equity-3.1%-10.1pp
Current ratio0.8×-0.2×

Where this comes from

Calculated from Global Payments’s reported figures.

Based on the most recent quarter.

The official record: Global Payments’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Global Payments's debt-to-equity?
Global Payments (GPN) reported debt-to-equity of 0.9× in Q1 2026.
How has Global Payments's debt-to-equity changed year-over-year?
Global Payments's debt-to-equity increased by 30.3% year-over-year, from 0.7× to 0.9×.
What is the long-term trend for Global Payments's debt-to-equity?
Over 4 years (2021 to 2025), Global Payments's debt-to-equity has grown at a 21.4% compound annual growth rate (CAGR), from 1.6× to 3.6×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.