Global Payments (GPN) stock
Financials · Transaction & Payment Processing Services
Global Payments (GPN) is a Transaction & Payment Processing Services company in the Financials sector, headquartered in Atlanta, Georgia. As of October 23, 2026, GPN closed at $82.82, a market capitalization of $21.92 billion, the 388th largest company in the S&P 500. Over the last twelve months it generated $10.21 billion in revenue (+69% year over year) and $822.72 million in free cash flow. The stock trades at 38.9x trailing earnings and 5.1x forward earnings.
- 1-year total return: -4.1% (dividends reinvested)
- 5-year return: -11.2% a year
- 52-week range: $61.16 – $95.88
- Gross margin 64.0%, operating margin 16.1%
- Dividend yield: 1.21%
- FI Handbook report card: B- across 10 metrics
- 67th largest of 76 Financials stocks in the S&P 500
GPN price chart
1Y price change: -5.3% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| GPN | -1.4% | +8.1% | -4.1% | -7.7% | -11.2% | +1.9% | +13.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2001.
GPN key statistics
- Market cap
- $21.9B
- #388 in S&P 500
- P/E (TTM)
- 38.9x
- Forward P/E
- 5.1x
- EPS (TTM)
- $2.13
- Revenue (TTM)
- $10.2B
- +69%
- Free cash flow
- $822.7M
- Gross margin
- 64.0%
- Operating margin
- 16.1%
- Return on equity
- 2.4%
- Dividend yield
- 1.21%
- 52-week range
- $61.16 – $95.88
- Beta
- 0.81
- Price / sales
- 2.1x
- EV / EBITDA
- 9.1x
- Debt / equity
- 0.98x
- Employees
- 26,000
GPN report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth68.6%A
- Gross margin64.0%A
- Operating margin16.1%C
- FCF margin8.1%C
- Return on equity2.4%F
- Net debt / EBITDA4.0xF
- Forward P/E5.1xA
- PEG ratio0.2xA
- Shareholder yield6.6%A
- Share count change / yr-4.2%A
Global Payments financials
Revenue went from $3.4B in fiscal 2016 to $7.7B in fiscal 2025, growing 9.6% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.4B | $4.0B | $3.4B | $4.9B | $7.4B | $8.5B | $9.0B | $7.4B | $7.7B | $7.7B |
| Gross profit | $1.8B | $2.0B | $2.3B | $2.8B | $3.8B | $4.8B | $5.2B | $5.3B | $5.7B | $5.6B |
| Operating income | $356.3M | $558.9M | $737.1M | $791.4M | $894.0M | $1.4B | $640.2M | $1.3B | $2.0B | $1.8B |
| Net income | $201.8M | $468.4M | $452.1M | $430.6M | $584.5M | $965.5M | $111.5M | $986.2M | $1.6B | $1.4B |
| EPS (diluted) | $1.37 | $3.01 | $2.84 | $2.16 | $1.95 | $3.29 | $0.40 | $3.77 | $6.16 | $5.78 |
| Free cash flow | — | $330.5M | $892.8M | $1.1B | $1.9B | $2.3B | $1.6B | $1.9B | $2.4B | $2.0B |
| Buybacks | — | $34.8M | $208.2M | $311.4M | $631.1M | $2.5B | $2.9B | $418.3M | $1.6B | $1.2B |
| Dividends paid | — | $0 | $0 | $23.2M | $233.2M | $259.7M | $274.0M | $260.4M | $252.8M | $238.5M |
| Diluted shares | — | 155.5M | 159.3M | 199.1M | 300.5M | 293.7M | 275.6M | 261.7M | 254.8M | 242.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into GPN?
A reverse DCF asks what growth the current price requires. With an enterprise value of $40.1B and $822.7M of trailing free cash flow, Global Payments needs to grow free cash flow about 33.8% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 1.7% a year over the last five years.
P/E ratio history
Current 14.3x vs. median 33.7x (10th–90th percentile 15.7x–97.4x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
GPN dividend
- Dividend yield
- 1.21%
- Annual dividend
- $1.00
- Years of increases
- —
- 5-yr dividend growth
- 5.1%
- per year
- Payout ratio
- 47%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
GPN analyst price targets
33 analysts' average 12-month target is $105.06 (+27% vs. $82.82). Targets range from $70.00 to $194.00. 46% rate it a buy.
GPN earnings
Next report: November 5, 2026. Global Payments has beaten EPS estimates 5 quarters in a row. Last quarter's revenue was $3.3B (+69% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 5, 2026 | $3.44 | $3.46 | +0.6% |
| May 6, 2026 | $2.81 | $2.96 | +5.4% |
| Feb 18, 2026 | $3.16 | $3.18 | +0.6% |
| Nov 4, 2025 | $3.23 | $3.26 | +0.8% |
| Aug 6, 2025 | $3.06 | $3.10 | +1.5% |
| May 6, 2025 | $2.72 | $2.69 | -1.0% |
| Feb 13, 2025 | $2.96 | $2.95 | -0.2% |
| Oct 30, 2024 | $3.10 | $3.08 | -0.6% |
Stocks like GPN
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GPN news
- Global Payments to Report Third-Quarter Results on November 5, 2026 · Oct 22, 2026
- Global Payments’ Quarterly Earnings Preview: What You Need to Know · Oct 18, 2026
- BofA restarts payments coverage, backs FIS, Global Payments and Toast · Oct 15, 2026
- Global Payments (GPN) Upgrade Puts Fair Value Back In Focus · Oct 9, 2026
- The Bull Case For Global Payments (GPN) Could Change Following Oppenheimer’s Upgrade On Worldpay Synergies Potential · Oct 9, 2026
GPN stock FAQ
What is GPN's market cap?
Global Payments's market capitalization is $21.92 billion as of October 23, 2026, ranking 388th in the S&P 500.
What is GPN's P/E ratio?
GPN trades at a trailing price-to-earnings ratio of 38.9x and a forward P/E of 5.1x. Its median P/E over the period we track is 33.7x.
Does GPN pay a dividend?
Yes. Global Payments pays $1.00 per share a year, a 1.21% yield. Dividends grew 5.1% a year over the last five years.
How much has GPN stock returned?
Including reinvested dividends, GPN returned -4.1% over one year, -11.2% a year over five years, +1.9% a year over ten years through October 23, 2026.
Is GPN stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Global Payments must grow free cash flow about 34% a year for the next decade. Its free cash flow grew 2% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the GPN price target?
33 analysts cover GPN with an average 12-month price target of $105.06, +27% from the current price. 46% of them rate it a buy.
When does GPN report earnings?
Global Payments is expected to report earnings on November 5, 2026. It has beaten EPS estimates 5 quarters in a row.
How many employees does Global Payments have?
Global Payments has about 26,000 full-time employees, or $392,567 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology