Global Payments
Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments. The last earnings update was 27 days ago. More info.
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- Global Payments has significant price volatility in the past 3 months.
GPN Share Price and Events
7 Day Returns
1 Year Returns
GPN Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Global Payments (GPN) | 0.3% | 8.2% | 34.9% | 14.4% | 123.5% | 289.5% |
| US IT | 1.7% | 4.9% | 22.3% | 15.5% | 80.2% | 94.8% |
| US Market | 1.2% | 2.1% | 14.6% | 3% | 39% | 43.5% |
1 Year Return vs Industry and Market
- GPN underperformed the IT industry which returned 15.5% over the past year.
- GPN outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
Related Companies
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Global Payments
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Global Payments.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 25 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.9% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| IT Unlevered Beta | Simply Wall St/ S&P Global | 1.06 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.064 (1 + (1- 21%) (27.7%)) |
1.199 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.2 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.199 * 5.96%) |
9.88% |
Discounted Cash Flow Calculation for NYSE:GPN using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Global Payments is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.88%) |
|
|---|---|---|---|
| 2019 | 1,007.38 | Analyst x8 | 916.83 |
| 2020 | 1,144.37 | Analyst x6 | 947.89 |
| 2021 | 1,311.80 | Analyst x2 | 988.92 |
| 2022 | 1,309.20 | Analyst x3 | 898.25 |
| 2023 | 1,628.00 | Analyst x2 | 1,016.58 |
| 2024 | 1,763.82 | Est @ 8.34% | 1,002.40 |
| 2025 | 1,881.28 | Est @ 6.66% | 973.05 |
| 2026 | 1,984.38 | Est @ 5.48% | 934.12 |
| 2027 | 2,076.75 | Est @ 4.66% | 889.74 |
| 2028 | 2,161.44 | Est @ 4.08% | 842.79 |
| Present value of next 10 years cash flows | $9,410.56 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $2,161.44 × (1 + 2.73%) ÷ (9.88% – 2.73%) |
$31,072.90 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $31,072.90 ÷ (1 + 9.88%)10 |
$12,115.92 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $9,410.56 + $12,115.92 |
$21,526.48 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $21,526.48 / 157.85 |
$136.37 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $136.37 |
| Current discount | Discount to share price of
$133.36
= -1 x ($133.36 - $136.37) / $136.37 |
2.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Global Payments's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Global Payments's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Global Payments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Global Payments's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $2.85 |
| NYSE:GPN Share Price ** | NYSE (2019-03-20) in USD | $133.36 |
| United States of America IT Industry PE Ratio | Median Figure of 78 Publicly-Listed IT Companies | 30.36x |
| United States of America Market PE Ratio | Median Figure of 3,058 Publicly-Listed Companies | 17.69x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Global Payments.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:GPN Share Price ÷ EPS (both in USD) = 133.36 ÷ 2.85 |
46.81x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Global Payments is overvalued based on earnings compared to the US IT industry average.
- Global Payments is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Global Payments's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 46.81x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 25 Analysts |
19.7%per year |
| United States of America IT Industry PEG Ratio | Median Figure of 64 Publicly-Listed IT Companies | 2.42x |
| United States of America Market PEG Ratio | Median Figure of 2,103 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 46.81x ÷ 19.7% |
2.37x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Global Payments is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Global Payments's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $25.27 |
| NYSE:GPN Share Price * | NYSE (2019-03-20) in USD | $133.36 |
| United States of America IT Industry PB Ratio | Median Figure of 122 Publicly-Listed IT Companies | 4.43x |
| United States of America Market PB Ratio | Median Figure of 5,156 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:GPN Share Price ÷ Book Value per Share (both in USD) = 133.36 ÷ 25.27 |
5.28x |
* Primary Listing of Global Payments.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Global Payments is overvalued based on assets compared to the US IT industry average.
Value checks
We assess Global Payments's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the IT industry average (and greater than 0)? (1 check) Global Payments has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Global Payments's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Global Payments's earnings growth is expected to exceed the United States of America market average.
- Global Payments's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:GPN Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 25 Analysts | 19.7% |
| NYSE:GPN Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 25 Analysts | 13.2% |
| United States of America IT Industry Earnings Growth Rate | Market Cap Weighted Average | 15.7% |
| United States of America IT Industry Revenue Growth Rate | Market Cap Weighted Average | 9% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 25 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 6,105 | 1 | ||
| 2022-12-31 | 5,638 | 1,007 | 1 | |
| 2021-12-31 | 5,263 | 851 | 5 | |
| 2020-12-31 | 4,872 | 1,418 | 707 | 24 |
| 2019-12-31 | 4,463 | 1,315 | 550 | 24 |
| 2019-05-31 | 3,817 | 474 | 1 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 3,366 | 1,106 | 452 |
| 2018-09-30 | 3,540 | 813 | 619 |
| 2018-06-30 | 3,721 | 751 | 553 |
| 2018-03-31 | 3,850 | 503 | 511 |
| 2017-12-31 | 3,975 | 512 | 468 |
| 2017-09-30 | 4,277 | 877 | 263 |
| 2017-06-30 | 4,189 | 903 | 208 |
| 2017-03-31 | 4,070 | 970 | 203 |
| 2016-12-31 | 3,776 | 884 | 214 |
| 2016-11-30 | 3,308 | 324 | 241 |
| 2016-08-31 | 3,089 | 227 | 270 |
| 2016-05-31 | 2,898 | 593 | 272 |
| 2016-02-29 | 2,858 | 956 | 300 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 25 Analyst Estimates (S&P Global) | See Below |
All data from Global Payments Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 9.72 | 9.72 | 9.72 | 1.00 |
| 2022-12-31 | 8.17 | 8.17 | 8.17 | 1.00 |
| 2021-12-31 | 6.68 | 6.68 | 6.68 | 1.00 |
| 2020-12-31 | 4.41 | 5.22 | 3.81 | 11.00 |
| 2019-12-31 | 3.51 | 4.13 | 2.61 | 15.00 |
| 2019-05-31 | 3.20 | 3.20 | 3.20 | 1.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 2.85 |
| 2018-09-30 | 3.89 |
| 2018-06-30 | 3.50 |
| 2018-03-31 | 3.27 |
| 2017-12-31 | 3.03 |
| 2017-09-30 | 1.64 |
| 2017-06-30 | 1.30 |
| 2017-03-31 | 1.28 |
| 2016-12-31 | 1.40 |
| 2016-11-30 | 1.67 |
| 2016-08-31 | 1.95 |
| 2016-05-31 | 2.05 |
| 2016-02-29 | 2.30 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Global Payments's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Global Payments has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Global Payments performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Global Payments's year on year earnings growth rate has been positive over the past 5 years.
- Global Payments's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Global Payments's 1-year earnings growth is negative, it can't be compared to the US IT industry average.
Earnings and Revenue History
All data from Global Payments Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 3,366.37 | 452.05 | 1,478.20 | |
| 2018-09-30 | 3,540.06 | 618.80 | 1,469.71 | |
| 2018-06-30 | 3,721.30 | 553.17 | 1,459.47 | |
| 2018-03-31 | 3,850.38 | 511.01 | 1,429.02 | |
| 2017-12-31 | 3,975.16 | 468.43 | 1,393.66 | |
| 2017-09-30 | 4,276.51 | 262.98 | 1,363.23 | |
| 2017-06-30 | 4,189.49 | 207.75 | 1,407.99 | |
| 2017-03-31 | 4,069.90 | 203.07 | 1,384.26 | |
| 2016-12-31 | 3,776.39 | 214.17 | 1,335.00 | |
| 2016-11-30 | 3,308.32 | 240.79 | 1,264.02 | |
| 2016-08-31 | 3,088.85 | 270.11 | 1,261.17 | |
| 2016-05-31 | 2,898.15 | 271.67 | 1,274.27 | |
| 2016-02-29 | 2,857.64 | 299.80 | 1,323.02 | |
| 2015-11-30 | 2,842.68 | 293.31 | 1,325.82 | |
| 2015-08-31 | 2,817.62 | 289.32 | 1,312.71 | |
| 2015-05-31 | 2,773.72 | 278.04 | 1,295.01 | |
| 2015-02-28 | 2,741.15 | 264.34 | 1,277.97 | |
| 2014-11-30 | 2,692.62 | 256.89 | 1,254.08 | |
| 2014-08-31 | 2,629.45 | 256.01 | 1,232.61 | |
| 2014-05-31 | 2,554.24 | 245.29 | 1,196.51 | |
| 2014-02-28 | 2,498.61 | 234.47 | 1,162.39 | |
| 2013-11-30 | 2,460.91 | 237.81 | 1,147.87 | |
| 2013-08-31 | 2,415.32 | 234.09 | 1,130.00 | |
| 2013-05-31 | 2,375.92 | 216.13 | 1,119.86 | |
| 2013-02-28 | 2,354.60 | 180.41 | 1,119.00 | |
| 2012-11-30 | 2,309.40 | 179.86 | 1,094.28 | |
| 2012-08-31 | 2,251.36 | 170.86 | 1,066.10 | |
| 2012-05-31 | 2,203.85 | 188.16 | 1,027.30 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Global Payments has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Global Payments used its assets less efficiently than the US IT industry average last year based on Return on Assets.
- Global Payments's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Global Payments's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Global Payments has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Global Payments's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Global Payments's finances.
The net worth of a company is the difference between its assets and liabilities.
- Global Payments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Global Payments's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Global Payments Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 4,186.34 | 5,830.73 | 1,214.08 |
| 2018-09-30 | 4,175.57 | 5,486.08 | 992.43 |
| 2018-06-30 | 4,016.00 | 4,877.20 | 1,102.07 |
| 2018-03-31 | 4,139.79 | 4,731.95 | 1,008.55 |
| 2017-12-31 | 3,965.23 | 5,294.88 | 1,335.86 |
| 2017-09-30 | 3,694.95 | 5,260.33 | 1,186.05 |
| 2017-06-30 | 3,004.64 | 4,582.68 | 1,080.58 |
| 2017-03-31 | 2,876.29 | 4,678.57 | 1,261.85 |
| 2016-12-31 | 2,779.34 | 4,830.68 | 1,162.78 |
| 2016-11-30 | 2,801.84 | 4,965.50 | 995.82 |
| 2016-08-31 | 2,905.21 | 4,815.84 | 977.78 |
| 2016-05-31 | 2,877.40 | 4,893.72 | 1,044.73 |
| 2016-02-29 | 952.75 | 2,079.82 | 825.50 |
| 2015-11-30 | 926.10 | 2,607.13 | 988.46 |
| 2015-08-31 | 917.14 | 2,294.70 | 803.31 |
| 2015-05-31 | 863.55 | 2,332.70 | 650.74 |
| 2015-02-28 | 941.63 | 2,059.30 | 610.15 |
| 2014-11-30 | 1,022.24 | 2,135.62 | 644.47 |
| 2014-08-31 | 1,070.51 | 2,072.16 | 595.88 |
| 2014-05-31 | 1,132.80 | 1,833.81 | 581.87 |
| 2014-02-28 | 1,263.71 | 1,516.46 | 1,013.56 |
| 2013-11-30 | 1,231.68 | 1,441.40 | 1,096.83 |
| 2013-08-31 | 1,204.69 | 1,401.10 | 725.89 |
| 2013-05-31 | 1,286.61 | 1,150.93 | 680.47 |
| 2013-02-28 | 1,285.24 | 1,122.95 | 682.96 |
| 2012-11-30 | 1,374.80 | 1,092.81 | 998.26 |
| 2012-08-31 | 1,283.02 | 542.26 | 841.33 |
| 2012-05-31 | 1,445.34 | 528.38 | 781.28 |
- Global Payments's level of debt (139.3%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (118.1% vs 139.3% today).
- Debt is not well covered by operating cash flow (19%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).
Financial health checks
We assess Global Payments's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Global Payments has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Global Payments's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Global Payments
shares you are expected to receive
$1
in your first year as a dividend.
Dividend Amount
- Global Payments's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
- Global Payments's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 25 Analyst Estimates (S&P Global) | See Below |
| United States of America IT Industry Average Dividend Yield | Market Cap Weighted Average of 33 Stocks | 1.4% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | 0.04 | 1.00 |
| 2021-12-31 | 0.05 | 5.00 |
| 2020-12-31 | 0.04 | 11.00 |
| 2019-12-31 | 0.04 | 12.00 |
| 2019-05-31 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-21 | 0.040 | 0.031 |
| 2019-02-13 | 0.040 | 0.032 |
| 2018-10-30 | 0.040 | 0.037 |
| 2018-08-02 | 0.040 | 0.033 |
| 2018-05-03 | 0.040 | 0.035 |
| 2018-02-15 | 0.040 | 0.035 |
| 2017-11-08 | 0.040 | 0.039 |
| 2017-08-03 | 0.040 | 0.041 |
| 2017-05-04 | 0.040 | 0.044 |
| 2017-01-09 | 0.040 | 0.051 |
| 2016-10-05 | 0.040 | 0.056 |
| 2016-07-28 | 0.040 | 0.053 |
| 2016-04-06 | 0.040 | 0.054 |
| 2016-01-11 | 0.040 | 0.067 |
| 2015-10-07 | 0.020 | 0.030 |
| 2015-07-30 | 0.040 | 0.070 |
| 2015-07-28 | 0.040 | 0.072 |
| 2015-04-08 | 0.040 | 0.077 |
| 2015-01-08 | 0.040 | 0.089 |
| 2014-10-02 | 0.040 | 0.100 |
| 2014-07-30 | 0.040 | 0.113 |
| 2014-04-07 | 0.040 | 0.115 |
| 2014-02-03 | 0.040 | 0.115 |
| 2013-11-01 | 0.040 | 0.125 |
| 2013-08-05 | 0.040 | 0.155 |
| 2013-05-03 | 0.040 | 0.169 |
| 2013-02-01 | 0.040 | 0.168 |
| 2012-08-03 | 0.040 | 0.182 |
| 2012-05-03 | 0.040 | 0.188 |
| 2012-02-01 | 0.040 | 0.162 |
| 2011-11-02 | 0.040 | 0.174 |
| 2011-08-03 | 0.040 | 0.185 |
| 2011-05-03 | 0.040 | 0.158 |
| 2011-02-01 | 0.040 | 0.162 |
| 2010-11-02 | 0.040 | 0.182 |
| 2010-08-03 | 0.040 | 0.203 |
| 2010-05-03 | 0.040 | 0.201 |
| 2010-02-02 | 0.040 | 0.179 |
| 2009-11-02 | 0.040 | 0.159 |
| 2009-08-04 | 0.040 | 0.176 |
| 2009-05-01 | 0.040 | 0.218 |
| 2009-03-23 | 0.040 | 0.246 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Global Payments is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
- Global Payments is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Income/ dividend checks
We assess Global Payments's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Global Payments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Global Payments has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $16,818,560 |
| AGE | 51 |
| TENURE AS CEO | 5.4 years |
CEO Bio
Mr. Jeffrey S. Sloan, also known as Jeff, has been the Chief Executive Officer at Global Payments Inc. since October 1, 2013. Mr. Sloan served as the President at Global Payments from June 1, 2010 to June 30, 2014. He is a decisive leader with deep industry knowledge and nearly 20 years of experience in financial services. Prior to joining Global Payments, Mr. Sloan served in several executive positions with Goldman Sachs Group, Inc. (Goldman) from 1998 to 2010, where he was a partner and the worldwide head of the financial technology group in New York. With Goldman, Mr. Sloan focused on mergers and acquisitions and corporate finance and pioneered the development of the firm’s payments practice in investment banking, where he led many of the landmark transactions in payments. Mr. Sloan has been a Director of Global Payments Inc., since January 13, 2014. He has been an Independent Director of FleetCor Technologies, Inc. since July 25, 2013. He serves as a Director of Electronic Transactions Association, Camp Twin Lakes and the Metro Atlanta Chamber of Commerce. He serves on the Undergraduate Executive Board of The Wharton School of the University of Pennsylvania. He serves as a Trustee of Pace Academy. Mr. Sloan earned dual BA and BS Degrees from the Wharton School of the University of Pennsylvania in 1989 (summa cum laude) and a JD from New York University School of Law in 1992 (magna cum laude).
CEO Compensation
- Jeff's compensation has increased by more than 20% in the past year.
- Jeff's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Global Payments management team in years:
- The tenure for the Global Payments management team is about average.
Management Team
Jeff Sloan
CEO & Director
$17M
51
5.4 yrs
Cameron Bready
Senior EVP & CFO
$6M
46
4.8 yrs
Guido Sacchi
Senior EVP & Chief Information Officer
$4M
54
7.8 yrs
David Green
Executive VP
$3M
51
5.3 yrs
David Sheffield
Senior VP & Chief Accounting Officer
56
3.9 yrs
Winnie Smith
Vice President of Investor Relations
0.8 yrs
Phyllis McNeill
Vice President of Corporate Communications
Joshua Whipple
Executive Vice President of Corporate Development & Strategic Planning
0.5 yrs
Karen Matterson
Senior VP & Chief People Officer
0.9 yrs
Frank Young
Chief Product Officer
3.9 yrs
Board of Directors Tenure
Average tenure and age of the Global Payments board of directors in years:
- The tenure for the Global Payments board of directors is about average.
Board of Directors
Bill Jacobs
Chairman of the Board
$390K
76
4.8 yrs
Jeff Sloan
CEO & Director
$17M
51
5.2 yrs
Alan Silberstein
Independent Director
$273K
70
15.5 yrs
Ruth Marshall
Independent Director
$273K
64
12.5 yrs
John Bruno
Independent Director
$274K
53
4.8 yrs
Bob Baldwin
Director
$264K
63
2.9 yrs
Bill Plummer
Independent Director
$278K
59
2 yrs
John Partridge
Independent Director
$255K
69
5.3 yrs
Mitchell Hollin
Independent Director
$275K
55
2.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 13. Mar 19 | Sell | Cameron Bready | Individual | 11. Mar 19 | 11. Mar 19 | -18,308 | $131.33 | $-2,404,390 | ||
| 08. Mar 19 | Sell | Jeffrey Sloan | Individual | 07. Mar 19 | 07. Mar 19 | -34,859 | $129.82 | $-4,525,395 | ||
| 14. Sep 18 | Sell | David Green | Individual | 13. Sep 18 | 13. Sep 18 | -9,212 | $128.17 | $-1,180,702 | ||
| 14. Sep 18 | Sell | Cameron Bready | Individual | 12. Sep 18 | 12. Sep 18 | -20,879 | $128.12 | $-2,671,073 | ||
| 06. Sep 18 | Sell | Guido Sacchi | Individual | 04. Sep 18 | 04. Sep 18 | -15,156 | $125.11 | $-1,896,167 | ||
| 14. Jun 18 | Sell | William Jacobs | Individual | 14. Jun 18 | 14. Jun 18 | -10,181 | $119.06 | $-1,212,150 | ||
Management checks
We assess Global Payments's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Global Payments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Will Global Payments Inc.'s (NYSE:GPN) Earnings Grow In The Next Couple Of Years?
In December 2018, Global Payments Inc. … (NYSE:GPN) announced its latest earnings update, whicha … confirmed
Simply Wall St - – Full articleWho Has Been Selling Global Payments Inc. (NYSE:GPN) Shares?
Global Payments Insider Transactions Over The Last Year. … We generally consider it a negative if insiders have been selling on market, especially if they did so below the current price. … In total, Global Payments insiders sold more than they bought over the last year
Simply Wall St - – Full articleHow Much Did Global Payments Inc.'s (NYSE:GPN) CEO Pocket Last Year?
This analysis aims first to contrast CEO compensation with other large companies. … has a market capitalization of US$20b, and pays its CEO total annual compensation worth US$9.1m. … While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$1.0m.
Simply Wall St - – Full articleShould Global Payments Inc.'s (NYSE:GPN) Recent Earnings Decline Worry You?
Today I will examine Global Payments Inc.'s (NYSE:GPN) latest earnings update (31 December 2018) and compare these figures against its performance over the past couple of years, in addition to how the rest of GPN's industry performed. … GPN's trailing twelve-month earnings (from 31 December 2018) of US$452m has. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 17%, indicating the rate at which GPN is growing has slowed down
Simply Wall St - – Full articleAt US$115, Is It Time To Put Global Payments Inc. (NYSE:GPN) On Your Watch List?
Want to participate in a short research study? … saw a significant share price rise of over 20% in the past couple of months on the NYSE … As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock.
Simply Wall St - – Full articleGlobal Payments Inc. (NYSE:GPN) Investors Are Paying Above The Intrinsic Value
In this article I am going to calculate the intrinsic value of Global Payments Inc. … by taking the expected future cash flows and discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model
Simply Wall St - – Full articleShould We Worry About Global Payments Inc.'s (NYSE:GPN) P/E Ratio?
We'll show how you can use Global Payments Inc.'s (NYSE:GPN) P/E ratio to inform your assessment of the investment opportunity. … Global Payments has a P/E ratio of 28.26, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleIs Global Payments Inc.'s (NYSE:GPN) 16% Better Than Average?
By way of learning-by-doing, we'll look at ROE to gain a better understanding of Global Payments Inc. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.16 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleGlobal Payments Inc. (NYSE:GPN): Time For A Financial Health Check
Investors pursuing a solid, dependable stock investment can often be led to Global Payments Inc. … I will provide an overview of Global Payments’s financial liquidity and leverage to give you an idea of Global Payments’s position to take advantage of potential acquisitions or comfortably endure future downturns. … See our latest analysis for Global Payments
Simply Wall St - – Full articleShould You Be Worried About Insider Transactions At Global Payments Inc (NYSE:GPN)?
So shareholders might well want to know whether insiders have been buying or selling shares in Global Payments Inc (NYSE:GPN). … We generally tread carefully if insiders have been selling on market, even if they sold slightly above the current price. … In total, Global Payments insiders sold more than they bought over the last year.
Simply Wall St - – Full articleCompany Info
Description
Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments. The company operates in three segments: North America, Europe, and Asia-Pacific. It offers authorization services, settlement and funding services, customer support and help-desk functions, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and statements, and online reporting services. The company also provides an array of enterprise software solutions that streamline business operations of its customers in various vertical markets; and value-added services, such as analytic and engagement tools, as well as payroll services. In addition, it offers credit and debit card transaction processing services for various international card brands, including American Express, Discover Card, JCB, MasterCard, UnionPay International, and Visa; and non-traditional payment methods, as well as certain domestic debit networks, such as Interac in Canada. Further, the company provides e-commerce and omnichannel solutions; and gaming solutions to licensed gaming operators. It serves customers in various industries comprising education, restaurant, event management, hospitality, retail, healthcare, convenience stores and petroleum, professional services, automotive, and lodging. The company markets its products and services through direct sales force, trade associations, agent and enterprise software providers, referral arrangements with value-added resellers, and independent sales organizations in 32 countries of North America, Europe, the Asia-Pacific region, and Brazil. Global Payments Inc. was founded in 1967 and is headquartered in Atlanta, Georgia.
Details
| Name: | Global Payments Inc. |
| GPN | |
| Exchange: | NYSE |
| Founded: | 1967 |
| $21,050,921,875 | |
| 157,850,344 | |
| Website: | http://www.globalpaymentsinc.com |
| Address: |
Global Payments Inc. 3550 Lenox Road, Atlanta, Georgia, 30326, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | GPN | Common Stock | New York Stock Exchange | US | USD | 12. Jan 2001 | |
| DB | GLO | Common Stock | Deutsche Boerse AG | DE | EUR | 12. Jan 2001 | |
| LSE | 0IW7 | Common Stock | London Stock Exchange | GB | USD | 12. Jan 2001 |
Number of employees
Current staff
Industry
| Data Processing and Outsourced Services | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/20 23:37 |
| End of day share price update: | 2019/03/20 00:00 |
| Last estimates confirmation: | 2019/03/13 |
| Last earnings filing: | 2019/02/21 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
