Global Payments debt and dilution23

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$22,418.326M

Cash & equivalents

USD millions

$5,408.962M

Net debt

USD millions

$17,009.364M

Debt / equity

0.94×

Debt / assets

35.26%

Net debt / EBITDA

× · TTM

4.64×

Debt / FCF

× · TTM

27.25×

Interest coverage

× · TTM

1.51×

Current ratio

0.82×

Diluted shares

Million shares

270.12M shares

Basic shares

Million shares

269.92M shares

Share count growth

10.88%

Share repurchases

USD millions

$550.011M

Quarterly data

Global Payments capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	22,418.33	5,408.96	17,009.36	0.94×	35.26%	4.64×	27.25×	1.51×	0.82×	270.12	269.92	10.88%	550.01
FY 2026 Q1	Mar 31, 2026	22,566.8	5,861.31	16,705.49	0.92×	35.12%	5.28×	21.27×	1.87×	0.79×	273.22	273.22	10.73%	549.93
FY 2025 Q4	Dec 31, 2025	21,462.3	8,336.4	13,125.9	0.91×	40.24%	4.4×	10.53×	2.77×	1.69×	237.25	236.68	-5.75%	0.07
FY 2025 Q3	Sep 30, 2025	15,226.24	2,603.05	12,623.19	0.65×	31.75%	3.14×	7.05×	4.23×	0.85×	240.17	239.79	-5.74%	500
FY 2025 Q2	Jun 30, 2025	16,019.28	2,611.66	13,407.62	0.69×	33.02%	3.45×	5.13×	3.67×	0.95×	243.58	243.44	-4.44%	244.8
FY 2025 Q1	Mar 31, 2025	16,194.83	2,896.02	13,298.81	0.71×	34.01%	3.16×	5.37×	3.89×	0.94×	247.16	246.75	-3.96%	446.29
FY 2024 Q4	Dec 31, 2024	16,240.37	2,538.42	13,701.95	0.71×	34.63%	3.27×	5.68×	3.77×	0.97×	251.76	251.12	-4.09%	651.9
FY 2024 Q3	Sep 30, 2024	16,768.71	2,941.94	13,826.77	0.71×	33.55%	3.59×	5.81×	3.17×	0.93×	254.9	254.4	-2.24%	0
FY 2024 Q2	Jun 30, 2024	17,176.97	2,097.16	15,079.81	0.75×	33.84%	3.85×	10.83×	3.18×	0.92×	255.17	254.75	-2.33%	100
FY 2024 Q1	Mar 31, 2024	17,145.06	2,167.62	14,977.45	0.75×	33.11%	3.8×	12.04×	3.14×	0.92×	257.59	256.93	-2.35%	800.05
FY 2023 Q4	Dec 31, 2023	16,312.88	2,088.89	14,224	0.7×	32.26%	4.07×	10.26×	2.73×	0.99×	262.55	261.83	-1.43%	0
FY 2023 Q3	Sep 30, 2023	16,650.94	1,941.78	14,709.16	0.73×	34.03%	4.39×	10.11×	2.79×	1.09×	260.94	260.23	-5.38%	0
FY 2023 Q2	Jun 30, 2023	17,051.04	1,919.59	15,131.45	0.76×	35.41%	4.84×	10.74×	2.68×	1.08×	261.33	260.83	-6.24%	215.49
FY 2023 Q1	Mar 31, 2023	17,719.44	2,001.67	15,717.77	0.79×	36.43%	8.01×	11.13×	0.69×	0.92×	263.12	263.12	-6.73%	202.79
FY 2022 Q4	Dec 31, 2022	13,458.58	1,997.57	11,461.01	0.6×	30.04%	4.98×	8.26×	1.46×	0.92×	267.16	265.64	-7.73%	781.58
FY 2022 Q3	Sep 30, 2022	13,447.64	1,993.84	11,453.8	0.59×	30.61%	5.11×	8×	1.37×	0.96×	275.44	275.03	-5.65%	889.74
FY 2022 Q2	Jun 30, 2022	12,163.46	1,933.31	10,230.16	0.51×	27.53%	4.51×	5.35×	1.6×	0.87×	278.18	278.18	-5.67%	600.34
FY 2022 Q1	Mar 31, 2022	11,844.02	2,045.28	9,798.75	0.47×	26.07%	3.11×	5.27×	4.35×	1.06×	282.57	282.1	-4.83%	649.65
FY 2021 Q4	Dec 31, 2021	11,493.31	1,979.31	9,514.01	0.44×	25.38%	3.12×	5.02×	4.14×	1.06×	288.47	287.89	-3.75%	699.94
FY 2021 Q3	Sep 30, 2021	10,748.94	2,347.73	8,401.21	0.41×	23.49%	2.84×	4.59×	3.97×	1.15×	292.51	291.5	-2.59%	760.76
FY 2021 Q2	Jun 30, 2021	10,269.59	1,799.55	8,470.04	0.38×	22.75%	2.98×	5.09×	3.63×	1.12×	296.14	294.91	-1.41%	269.98
FY 2021 Q1	Mar 31, 2021	9,691.58	2,082.41	7,609.17	0.36×	21.9%	2.96×	4.71×	2.83×	1.19×	297.67	296.43	-0.99%	802.96
FY 2020 Q4	Dec 31, 2020	9,293.76	1,945.87	7,347.9	0.34×	21.03%	2.93×	4.95×	2.74×	1.01×	300.49	299.11	-0.47%	209.99
FY 2020 Q3	Sep 30, 2020	9,268.46	2,220.82	7,047.64	0.33×	20.8%	2.88×	8.06×	2.58×	1.13×	300.49	299.26	69.03%	0
FY 2020 Q2	Jun 30, 2020	9,273.6	1,825.63	7,447.98	0.34×	21.08%	3.54×	5.39×	2.13×	1.03×	300.25	299.14	90.82%	0
FY 2020 Q1	Mar 31, 2020	9,706.63	1,800.06	7,906.57	0.35×	22.14%	4.03×	7.82×	2.59×	1.34×	300.84	299.39	90.06%	421.16
FY 2019 Q4	Dec 31, 2019	9,125.5	1,678.27	7,447.23	0.33×	20.52%	4.46×	8.42×	2.63×	1.22×	302.41	300.53	89.95%	77.39
FY 2019 Q3	Sep 30, 2019	9,021.08	2,127.62	6,893.46	0.32×	19.95%	4.95×	5.87×	2.8×	1.17×	177.54	177.04	11.93%	0
FY 2019 Q2	Jun 30, 2019	5,151.65	1,047.73	4,103.92	1.23×	35.32%	2.97×	8.55×	3.65×	1.01×	157.26	156.77	-1.41%	78
FY 2019 Q1	Mar 31, 2019	5,303.4	1,277.63	4,025.76	1.28×	35.96%	3.03×	6.42×	3.81×	1.03×	158.02	157.52	-1.13%	156
FY 2018 Q4	Dec 31, 2018	5,130.24	1,210.88	3,919.37	1.23×	38.78%	3.11×	5.75×	3.77×	1.03×	158.71	158.21	-0.59%	27.3
FY 2018 Q3	Sep 30, 2018	4,800.2	990.6	3,809.6	1.15×	34.69%	3.15×	7.84×	3.92×	1.03×	158.71	158.17	2.33%	3.64
FY 2018 Q2	Jun 30, 2018	4,329.86	1,099.53	3,230.33	1.08×	35.2%	2.81×	7.78×	3.73×	1.09×	159.68	159	4.25%	177.26
FY 2018 Q1	Mar 31, 2018	4,284.33	1,005.82	3,278.51	1.03×	33.2%	3.05×	13.24×	3.41×	1.06×	160.04	159.32	4.61%	0
FY 2017 Q4	Dec 31, 2017	4,659.72	1,335.86	3,323.86	1.18×	35.85%	3.29×	14.1×	3.21×	1.13×	159.83	159.14	13.71%	2
FY 2017 Q3	Sep 30, 2017	4,771.32	1,186.05	3,585.27	1.29×	38.85%	—	—	—	1.14×	155.4	154.56	19.55%	27.47
FY 2017 Q2	Jun 30, 2017	4,261.92	1,080.58	3,181.35	1.42×	42.46%	—	—	—	1.2×	153.56	152.53	17.78%	—
FY 2017 Q1	Mar 31, 2017	4,400.26	1,261.85	3,138.42	1.53×	44.18%	—	—	—	1.15×	153.26	152.3	16.86%	—
FY 2016 Q4	May 31, 2016	4,515.29	1,044.73	3,470.56	1.57×	42.96%	5.66×	9.15×	6.26×	1.17×	140.95	139.95	6.46%	—
FY 2016 Q3	Feb 29, 2016	1,874.08	825.5	1,048.58	1.97×	39.88%	1.68×	2.17×	9.62×	1.18×	130.16	129.29	-3.36%	—
FY 2016 Q2	Nov 30, 2015	1,915.8	988.46	927.35	2.07×	35.96%	1.51×	3.44×	9.81×	1.17×	130.35	129.51	-3.9%	—
FY 2016 Q1	Aug 31, 2015	1,932.03	803.31	1,128.72	2.11×	35.3%	1.85×	2.12×	10.49×	1.15×	131.15	130.33	-4.38%	—
FY 2015 Q4	May 31, 2015	1,742.5	650.74	1,091.76	2.02×	30.08%	1.84×	5.25×	11.44×	1.09×	132.37	131.46	-7.03%	—
FY 2015 Q3	Feb 28, 2015	1,608.5	610.15	998.35	1.71×	40.03%	1.72×	10.73×	—	1.28×	134.61	133.78	-6.88%	—
FY 2015 Q2	Nov 30, 2014	1,601	644.47	956.53	1.57×	35.25%	1.68×	—	—	1.21×	135.47	134.75	-6.65%	—
FY 2015 Q1	Aug 31, 2014	1,420	595.88	824.12	1.33×	32.72%	1.5×	19.06×	—	1.27×	137.23	136.29	-7.62%	—
FY 2014 Q4	May 31, 2014	1,393.68	581.87	811.81	1.23×	34.68%	1.54×	12.37×	10.81×	1.36×	142.62	141.4	-6.97%	—
FY 2014 Q3	Feb 28, 2014	1,254.41	1,013.56	240.85	0.99×	36.3%	0.48×	4.73×	—	2.23×	144.87	143.67	-7.61%	—
FY 2014 Q2	Nov 30, 2013	994.9	1,096.83	-101.94	0.81×	24.99%	-0.21×	2.25×	—	1.31×	145.41	144.35	-8.35%	105.7
FY 2014 Q1	Aug 31, 2013	1,072.61	725.89	346.72	0.89×	30.65%	0.69×	18.14×	—	1.52×	148.58	147.53	-6.16%	—
FY 2013 Q4	May 31, 2013	963.47	680.47	283	0.75×	30.83%	0.6×	6.79×	11.27×	1.72×	153.37	151.99	-3.2%	—
FY 2013 Q3	Feb 28, 2013	1,122.95	682.96	439.99	0.87×	36.5%	1.08×	—	10.12×	1.7×	156.65	155.51	-0.85%	—
FY 2013 Q2	Nov 30, 2012	1,092.81	998.26	94.55	0.79×	31.87%	0.24×	—	11.49×	1.44×	158.29	157.5	0.51%	—
FY 2013 Q1	Aug 31, 2012	542.26	841.33	-299.07	0.42×	19.33%	-0.79×	—	17.12×	1.28×	158.09	157.21	-1.84%	3.2
FY 2012 Q4	May 31, 2012	528.38	781.28	-252.9	0.41×	19.66%	-0.62×	—	18.24×	1.49×	158.39	157.01	—	—
FY 2012 Q3	Feb 29, 2012	476.07	735.73	-259.67	0.35×	18.19%	—	—	—	1.5×	158.13	156.84	—	—
FY 2012 Q2	Nov 30, 2011	516.86	770.86	-254	0.4×	19.77%	—	—	—	1.47×	157.75	156.7	—	26.38
FY 2012 Q1	Aug 31, 2011	690.74	723.95	-33.21	0.53×	25.44%	—	—	—	1.54×	161.66	160.15	—	73.22

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · GPN, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.

SEC company facts · CIK 1123360