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EV / sales at other companies

Fidelity National Information Services logo
Fidelity National Information ServicesFIS
3.9×-0.9×
Shopify logo
ShopifySHOP
12.4×-0.8×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
0.9×-1.3×
Corpay logo
CorpayCPAY
5.8×-1.9×
Paychex logo
PaychexPAYX
5.8×-4.2×
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
5.6×-1.3×

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
Debt / equity0.9×+0.2×
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 EV / sales?
Global Payments (GPN) reported EV / sales of 4× in Q1 2026.
How has Global Payments's EV / sales changed year-over-year?
Global Payments's EV / sales decreased by 18.3% year-over-year, from 4.9× to 4×.
What is the long-term trend for Global Payments's EV / sales?
Over 4 years (2021 to 2025), Global Payments's EV / sales has grown at a -10.3% compound annual growth rate (CAGR), from 29.1× to 18.8×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.