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Global Payments GPN Free cash flow margin

Free cash flow margin at other companies

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23.6%+0.8pp
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17.1%-1.3pp
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PayPal Holdings, Inc.PYPL
16.3%-2.4pp
Corpay logo
CorpayCPAY
46.2%+0.8pp
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33%+3.5pp
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Affirm Holdings, Inc.AFRM
19.8%-0.4pp

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 trailing twelve months.

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 free cash flow margin?
Global Payments (GPN) reported free cash flow margin of 12% in Q1 2026.
How has Global Payments's free cash flow margin changed year-over-year?
Global Payments's free cash flow margin decreased by 61.9% year-over-year, from 31.4% to 12%.
What is the long-term trend for Global Payments's free cash flow margin?
Over 4 years (2021 to 2025), Global Payments's free cash flow margin has grown at a 2.9% compound annual growth rate (CAGR), from 107.9% to 120.8%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.