Global Payments (GPN)
What the price implies
A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.
At a market value of $24.2B, Global Payments's free cash flow of $2.0B (fiscal 2025) would need to grow about -2% a year for the stock to be worth today's price. That is slower than the company has grown its free cash flow over the last 8 years.
Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Global Payments's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.
Fundamental grade
Five factors scored 1 to 9 from GPN's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.
Key numbers
Results from SEC filings
Fiscal years, from Global Payments's 10-K filings. The deep dive has 15+ years, quarters and every line.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $8.5B | $9.0B | $7.4B | $7.7B | $7.7B |
| Net income | $965M | $111M | $986M | $1.6B | $1.4B |
| Free cash flow | $2.3B | $1.6B | $1.9B | $2.4B | $2.0B |
| EPS (diluted) | $3.29 | $0.40 | $3.77 | $6.16 | $5.78 |
| Operating margin | 15.9% | 7.1% | 17.8% | 25.5% | 22.8% |
Where the revenue comes from
Revenue by segments, fiscal 2024.
Superinvestors who own GPN
From each investor's latest 13F filing (what a 13F shows). 9 of the investors we track hold it.
| Investor | Last quarter | Value | % of portfolio | Quarter |
|---|---|---|---|---|
| Bill Nygren Harris Associates LP |
Added | $937M | 1.2% | Q2 2026 |
| Richard Pzena Pzena Investment Management |
Added | $848M | 2.5% | Q2 2026 |
| Larry Robbins Glenview Capital Management |
Added | $646M | 11.8% | Q2 2026 |
| Andrew Wellington Lyrical Asset Management |
Added | $133M | 1.7% | Q2 2026 |
| Hersh Cohen ClearBridge Investments |
Added | $121M | 0.10% | Q2 2026 |
| Cliff Asness AQR Capital Management |
Trimmed | $33M | 0.01% | Q2 2026 |
| Wallace Weitz Weitz Investment Management |
Added | $25M | 1.8% | Q2 2026 |
| Joel Greenblatt Gotham Asset Management |
Trimmed | $14M | 0.03% | Q2 2026 |
| Mark Boyar Boyar Asset Management |
Trimmed | $1M | 0.58% | Q2 2026 |
Insider buying
Open-market purchases by Global Payments's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Mar 10, 2026 | Ro Khanna |
0 | $73.68 | — |
| Mar 10, 2026 | Ro Khanna |
0 | $73.68 | — |
| Mar 10, 2026 | Ro Khanna |
0 | $73.68 | — |
| Jan 23, 2026 | Ro Khanna |
0 | $75.21 | — |
| Jan 23, 2026 | Ro Khanna |
0 | $75.21 | — |
| Jan 23, 2026 | Ro Khanna |
0 | $75.21 | — |
| Dec 11, 2025 | Robert H B Baldwin Jr |
10,392 | $81.42 | $846,117 |
| Dec 10, 2025 | Robert H B Baldwin Jr |
3,000 | $80.25 | $240,750 |
| Nov 18, 2025 | Gilbert Ray Cisneros, Jr. |
0 | $72.04 | — |
| Nov 18, 2025 | Gilbert Ray Cisneros, Jr. |
0 | $72.04 | — |
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In the full deep dive
Questions
What growth does Global Payments's stock price imply?
At a market value of $24.2B, Global Payments would need its free cash flow to grow about -2% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 8 years its free cash flow grew 26% a year.
Are Global Payments insiders buying the stock?
10 open-market insider purchases of GPN in the last 12 months, from SEC Form 4 filings.
Which superinvestors own Global Payments?
9 of the superinvestors Investingly tracks hold GPN in their latest 13F, including Bill Nygren, Richard Pzena, Larry Robbins.
Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.