Shift4 Payments vs Global Payments
Global Payments is the larger business, with $7.71bn of revenue in fiscal 2025 against $4.18bn for Shift4 Payments (1.8 times as much). Shift4 Payments grew faster (25.5% against -0.4%). Global Payments kept more of each dollar of sales as profit: a net margin of 18.2% against 2.8%. Global Payments carries less debt relative to equity (95.7% against 318.2%).
| Latest fiscal year | Shift4 PaymentsFOUR, 2025 | Global PaymentsGPN, 2025 |
|---|---|---|
| Revenue | $4.18bn | $7.71bn |
| Revenue growth | 25.5% | -0.4% |
| Net income | $119m | $1.40bn |
| Operating margin | 8.4% | 22.8% |
| Net margin | 2.8% | 18.2% |
| Return on equity | 10.6% | 6.2% |
| Free cash flow | $624m | $2.04bn |
| Cash | $964m | $8.34bn |
| Total debt | $4.59bn | $21.90bn |
| Debt to equity | 318.2% | 95.7% |
| Dividend per share | — | $1.00 |
| Dividend yield | — | 0.9% |
| Share buybacks | $453m | $1.19bn |
| Employees | 6,300 | — |
| Market value | $55.4m | $26.13bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 17 (Weak) | 61 (Moderate) |
| Insider trades, 12 months | 6 buys, 4 sales | 4 buys, 3 sales |