Global Payments
Global Payments returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 2.86% | 2.83% | -15.31% | -4.09% | -1.67% | -4.8 pp |
| FY 2026 Q1 | Mar 31, 2026 | 2.62% | 3.02% | -18.44% | -3.06% | -1.26% | -5.1 pp |
| FY 2025 Q4 | Dec 31, 2025 | 3.83% | 4.06% | -382.78% | 6.2% | 2.79% | -3.9 pp |
| FY 2025 Q3 | Sep 30, 2025 | 5.12% | 6.2% | — | 7.69% | 3.57% | -2.6 pp |
| FY 2025 Q2 | Jun 30, 2025 | 4.64% | 5.4% | — | 6.36% | 2.88% | -3.1 pp |
| FY 2025 Q1 | Mar 31, 2025 | 5.24% | 5.76% | — | 7.03% | 3.14% | -2.5 pp |
| FY 2024 Q4 | Dec 31, 2024 | 5.31% | 5.62% | — | 6.94% | 3.22% | -2.4 pp |
| FY 2024 Q3 | Sep 30, 2024 | 4.78% | 4.75% | — | 6.03% | 2.76% | -2.9 pp |
| FY 2024 Q2 | Jun 30, 2024 | 4.92% | 4.93% | 131.37% | 6.33% | 2.85% | -2.8 pp |
| FY 2024 Q1 | Mar 31, 2024 | 4.63% | 5.04% | — | 5.92% | 2.61% | -3.1 pp |
| FY 2023 Q4 | Dec 31, 2023 | 3.94% | 4.27% | 35.56% | 4.35% | 2.07% | -3.8 pp |
| FY 2023 Q3 | Sep 30, 2023 | 3.51% | 4.01% | 39.98% | 3.88% | 1.88% | -4.2 pp |
| FY 2023 Q2 | Jun 30, 2023 | 3.19% | 3.58% | 32.18% | 3.5% | 1.74% | -4.5 pp |
| FY 2023 Q1 | Mar 31, 2023 | — | 0.77% | — | -0.61% | -0.31% | — |
| FY 2022 Q4 | Dec 31, 2022 | 0.47% | 1.63% | — | 0.47% | 0.25% | -7.2 pp |
| FY 2022 Q3 | Sep 30, 2022 | 0.09% | 1.4% | — | 0.29% | 0.16% | -7.6 pp |
| FY 2022 Q2 | Jun 30, 2022 | 0.2% | 1.44% | — | 0.3% | 0.17% | -7.5 pp |
| FY 2022 Q1 | Mar 31, 2022 | 3.45% | 3.62% | — | 3.91% | 2.26% | -4.3 pp |
| FY 2021 Q4 | Dec 31, 2021 | 3.24% | 3.38% | 65.84% | 3.65% | 2.16% | -4.5 pp |
| FY 2021 Q3 | Sep 30, 2021 | — | 3.19% | — | 3.49% | 2.08% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 2.93% | — | 3.19% | 1.94% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 2.29% | — | 2.36% | 1.45% | — |
| FY 2020 Q4 | Dec 31, 2020 | 2.21% | 2.22% | — | 2.12% | 1.32% | -5.5 pp |
| FY 2020 Q3 | Sep 30, 2020 | — | 2.07% | — | 1.82% | 1.12% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 2.89% | — | 2.41% | 1.29% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 3.28% | — | 2.95% | 1.58% | — |
| FY 2019 Q4 | Dec 31, 2019 | 3.19% | 3.11% | 0.22% | 2.7% | 1.49% | -4.5 pp |
| FY 2019 Q3 | Sep 30, 2019 | — | 3.02% | — | 2.54% | 1.37% | — |
| FY 2019 Q2 | Jun 30, 2019 | 9.03% | 8.52% | — | 12.39% | 3.6% | 1.3 pp |
| FY 2019 Q1 | Mar 31, 2019 | 8.69% | 8.12% | — | 11.97% | 3.42% | 1 pp |
| FY 2018 Q4 | Dec 31, 2018 | 8.26% | 7.7% | — | 11.61% | 3.45% | 0.6 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 7.68% | — | 16.49% | 4.74% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 7.93% | — | 16.56% | 4.95% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 7.24% | — | 15.29% | 4.47% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 6.48% | — | 14.32% | 3.99% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | — | — | — |
| FY 2017 Q2 | Jun 30, 2017 | — | — | — | — | — | — |
| FY 2017 Q1 | Mar 31, 2017 | — | — | — | — | — | — |
| FY 2016 Q4 | May 31, 2016 | 8.23% | 7.83% | 0.08% | 15.5% | 3.33% | 0.5 pp |
| FY 2016 Q3 | Feb 29, 2016 | 17.92% | 16.5% | 44.82% | 36.01% | 6.88% | 10.2 pp |
| FY 2016 Q2 | Nov 30, 2015 | 18.24% | 15.83% | — | 34.51% | 5.94% | 10.5 pp |
| FY 2016 Q1 | Aug 31, 2015 | 17.7% | 16.09% | 27.61% | 33.47% | 5.9% | 10 pp |
| FY 2015 Q4 | May 31, 2015 | 17.35% | 16.35% | 450.96% | 31.68% | 5.67% | 9.7 pp |
| FY 2015 Q3 | Feb 28, 2015 | 18.91% | 15.94% | 11.38% | 27.04% | 7.07% | 11.2 pp |
| FY 2015 Q2 | Nov 30, 2014 | 20.4% | 16.48% | 5.26% | 25.93% | 6.03% | 12.7 pp |
| FY 2015 Q1 | Aug 31, 2014 | 17.82% | 16.21% | 9.37% | 25.48% | 6.53% | 10.1 pp |
| FY 2014 Q4 | May 31, 2014 | 16.51% | 15.51% | 9.33% | 22.89% | 6.87% | 8.8 pp |
| FY 2014 Q3 | Feb 28, 2014 | 17.1% | 14.93% | — | 20.59% | 7.18% | 9.4 pp |
| FY 2014 Q2 | Nov 30, 2013 | 20.96% | 15.81% | — | 20.49% | 6.42% | 13.3 pp |
| FY 2014 Q1 | Aug 31, 2013 | 21.68% | 18.23% | 12.35% | 21.13% | 7.43% | 14 pp |
| FY 2013 Q4 | May 31, 2013 | 19.49% | 16.72% | 6.24% | 18.65% | 7.44% | 11.8 pp |
| FY 2013 Q3 | Feb 28, 2013 | 15.43% | 13.95% | — | 15.18% | 6.34% | 7.7 pp |
| FY 2013 Q2 | Nov 30, 2012 | 17.46% | 14.26% | — | 15.11% | 5.95% | 9.8 pp |
| FY 2013 Q1 | Aug 31, 2012 | 18.08% | 15.21% | — | 14.81% | 6.19% | 10.4 pp |
| FY 2012 Q4 | May 31, 2012 | — | — | — | — | — | — |
| FY 2012 Q3 | Feb 29, 2012 | — | — | — | — | — | — |
| FY 2012 Q2 | Nov 30, 2011 | — | — | — | — | — | — |
| FY 2012 Q1 | Aug 31, 2011 | — | — | — | — | — | — |
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.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · GPN, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.