Shift4 Payments (FOUR) Financials

$77.14 -0.95 (-1.22%)

As of 03:34 PM Eastern

Annual Income Statements for Shift4 Payments

This table shows Shift4 Payments' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	0.00	0.00	-18	-48	75	86	230
Consolidated Net Income / (Loss)	-55	-57	-111	-74	87	123	295
Net Income / (Loss) Continuing Operations	-55	-57	-111	-74	87	123	295
Total Pre-Tax Income	-60	-55	-114	-77	87	120	-1.60
Total Operating Income	-13	-4.40	-58	-49	95	115	247
Total Gross Profit	141	173	178	278	470	688	973
Total Revenue	561	731	767	1,368	1,994	2,565	3,331
Operating Revenue	561	731	767	1,368	1,994	2,565	3,331
Total Cost of Revenue	420	558	589	1,089	1,523	1,877	2,358
Operating Cost of Revenue	420	558	589	1,089	1,523	1,877	2,358
Total Operating Expenses	154	178	235	328	376	573	726
Selling, General & Admin Expense	87	128	198	236	301	362	501
Marketing Expense	6.10	6.30	4.00	29	15	15	22
Depreciation Expense	40	40	52	62	97	154	200
Impairment Charge	-	-	-	0.00	0.00	19	0.00
Other Special Charges / (Income)	-	-	-6.10	0.20	-37	23	4.00
Total Other Income / (Expense), net	-46	-51	-56	-28	-7.80	4.70	-249
Interest Expense	47	52	57	28	33	32	62
Interest & Investment Income	-	-	0.00	0.00	26	44	100
Other Income / (Expense), net	0.60	1.00	0.60	0.10	-1.20	-7.30	-287
Income Tax Expense	-4.10	1.70	-2.40	-3.10	0.20	-3.40	-296
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	-93	-26	12	37	65
Basic Earnings per Share	$0.00	$0.00	($0.86)	($1.78)	$2.68	$2.90	$6.72
Weighted Average Basic Shares Outstanding	0.00	0.00	45.03M	54.92M	3.86M	1.94M	1.67M
Diluted Earnings per Share	$0.00	$0.00	($0.86)	($1.78)	$2.10	$2.86	$6.06
Weighted Average Diluted Shares Outstanding	-	0.00	45.03M	54.92M	3.86M	1.94M	1.67M
Weighted Average Basic & Diluted Shares Outstanding	-	-	80.55M	83.30M	82.90M	86.19M	89.10M

This table shows Shift4 Payments' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	43	29	15	25	33	14	21	39	54	116
Consolidated Net Income / (Loss)	46	39	20	37	47	19	29	55	72	139
Net Income / (Loss) Continuing Operations	46	39	20	37	47	19	29	55	72	139
Total Pre-Tax Income	48	43	17	34	47	22	30	53	-208	124
Total Operating Income	54	30	8.80	34	45	27	21	59	80	86
Total Gross Profit	136	144	145	167	180	195	188	232	267	286
Total Revenue	547	538	547	637	675	705	707	827	909	887
Operating Revenue	547	538	547	637	675	705	707	827	909	887
Total Cost of Revenue	412	394	402	470	495	510	520	595	642	601
Operating Cost of Revenue	412	394	402	470	495	510	520	595	642	601
Total Operating Expenses	82	114	137	133	136	168	166	173	187	200
Selling, General & Admin Expense	85	76	92	88	82	101	115	122	128	137
Marketing Expense	5.60	3.70	2.50	4.00	4.70	3.90	4.40	3.90	6.20	7.20
Depreciation Expense	29	34	35	36	40	43	45	47	52	56
Other Special Charges / (Income)	-37	0.60	7.00	5.60	8.90	1.60	2.10	0.30	1.50	0.10
Total Other Income / (Expense), net	-5.90	13	8.00	-0.40	2.70	-5.60	8.50	-6.50	-289	38
Interest Expense	8.30	7.90	8.10	8.00	8.00	8.00	8.10	8.10	18	27
Interest & Investment Income	3.50	21	7.60	8.80	12	16	5.40	5.00	9.70	80
Other Income / (Expense), net	-1.10	-0.40	8.50	-1.20	-1.50	-13	11	-3.40	-280	-15
Income Tax Expense	1.20	4.20	-3.60	-3.30	0.90	2.60	1.40	-1.80	-281	-15
Net Income / (Loss) Attributable to Noncontrolling Interest	3.30	9.30	5.60	12	14	5.50	7.90	15	18	23
Basic Earnings per Share	$1.56	$1.00	$0.52	$0.86	$1.12	$0.40	$0.62	$1.18	$1.56	$3.36
Weighted Average Basic Shares Outstanding	55.15M	3.86M	57.48M	58.98M	58.30M	1.94M	66.14M	66.13M	68.45M	1.67M
Diluted Earnings per Share	$1.14	$0.86	$0.48	$0.84	$1.10	$0.44	$0.62	$1.16	$1.48	$2.80
Weighted Average Diluted Shares Outstanding	81.45M	3.86M	84.48M	60.24M	59.43M	1.94M	67.66M	67.25M	91.02M	1.67M
Weighted Average Basic & Diluted Shares Outstanding	82.46M	82.90M	83.19M	82.06M	82.43M	86.19M	87.55M	88.59M	90.10M	89.10M

This table details how cash moves in and out of Shift4 Payments' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-4.60	-1.10	924	304	-455	-55	717
Net Cash From Operating Activities	26	8.00	4.00	3.00	275	346	500
Net Cash From Continuing Operating Activities	26	8.00	4.00	3.00	275	346	500
Net Income / (Loss) Continuing Operations	-55	-57	-111	-74	87	123	295
Consolidated Net Income / (Loss)	-55	-57	-111	-74	87	123	295
Depreciation Expense	71	63	84	104	149	215	297
Amortization Expense	3.70	4.00	5.40	5.90	8.10	8.30	9.30
Non-Cash Adjustments To Reconcile Net Income	1.80	-14	59	27	20	25	-46
Changes in Operating Assets and Liabilities, net	4.60	12	-33	-60	11	-25	-54
Net Cash From Investing Activities	-41	-80	-83	-171	-517	-302	-691
Net Cash From Continuing Investing Activities	-41	-80	-83	-171	-517	-302	-691
Purchase of Property, Plant & Equipment	-1.60	-8.20	-19	-54	-62	-92	-108
Acquisitions	-1.50	-60	-50	-55	-135	-172	-555
Purchase of Investments	-	0.00	0.00	-31	-1.50	0.00	0.00
Sale and/or Maturity of Investments	-	-	-	0.00	0.00	15	126
Other Investing Activities, net	-38	-12	-14	-31	-318	-54	-155
Net Cash From Financing Activities	11	71	1,003	471	-215	-110	929
Net Cash From Continuing Financing Activities	11	71	1,003	471	-215	-110	929
Repayment of Debt	-5.30	-98	-756	-16	-4.90	0.00	-24
Repurchase of Common Equity	-	0.00	0.00	-20	-186	-105	-146
Payment of Dividends	-0.20	-8.70	-1.40	0.00	0.00	-2.90	-20
Issuance of Debt	20	181	1,302	633	0.00	0.00	1,100
Other Financing Activities, net	-3.20	-3.10	359	-126	-24	-1.60	19
Effect of Exchange Rate Changes	-	-	0.00	0.00	1.00	11	-22
Cash Interest Paid	-	-	-	21	24	24	24
Cash Income Taxes Paid	-	-	-	0.40	0.70	5.30	14

This table details how cash moves in and out of Shift4 Payments' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-346	104	41	-93	58	-62	-19	-299	1,192	-157
Net Cash From Operating Activities	65	140	79	92	112	63	57	116	182	145
Net Cash From Continuing Operating Activities	65	140	79	92	112	63	57	116	182	145
Net Income / (Loss) Continuing Operations	46	39	20	37	47	19	29	55	72	139
Consolidated Net Income / (Loss)	46	39	20	37	47	19	29	55	72	139
Depreciation Expense	43	48	48	50	55	62	66	70	77	84
Amortization Expense	2.10	2.10	2.10	2.00	2.10	2.10	2.10	2.00	2.50	2.70
Non-Cash Adjustments To Reconcile Net Income	8.70	-5.50	8.20	6.40	0.80	9.60	-57	10	37	-36
Changes in Operating Assets and Liabilities, net	-35	57	1.10	-3.30	7.20	-30	17	-21	-6.40	-45
Net Cash From Investing Activities	-410	-34	-31	-77	-43	-151	-40	-342	-54	-256
Net Cash From Continuing Investing Activities	-410	-34	-31	-77	-43	-151	-40	-342	-54	-256
Purchase of Property, Plant & Equipment	-20	-15	-17	-26	-31	-18	-26	-24	-32	-27
Acquisitions	-123	-0.10	-1.20	-37	-	-133	0.00	-301	-4.50	-249
Sale and/or Maturity of Investments	-	-	0.00	-	-	15	1.60	1.00	1.50	122
Other Investing Activities, net	-268	-18	-13	-14	-12	-15	-16	-17	-19	-103
Net Cash From Financing Activities	-0.40	-3.20	-7.00	-108	-9.10	14	-30	-71	1,051	-21
Net Cash From Continuing Financing Activities	-0.40	-3.20	-7.00	-108	-9.10	14	-30	-71	1,051	-21
Repayment of Debt	-	-	-	-	-	-	-	-	-	-6.80
Repurchase of Common Equity	-	-	-	-	-	-8.60	-	-	-20	-110
Payment of Dividends	-	-	-1.40	-0.80	-0.50	-0.20	-0.30	-1.70	-4.60	-13
Other Financing Activities, net	-0.40	-3.20	-5.60	-11	-8.60	23	-30	-53	-7.00	109
Effect of Exchange Rate Changes	-0.10	1.30	0.40	0.30	-1.50	12	-6.50	-2.50	12	-25

This table presents Shift4 Payments' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Total Assets	784	1,779	2,343	2,554	3,388	5,041
Total Current Assets	106	1,034	1,454	992	1,153	1,910
Cash & Equivalents	3.70	928	1,232	703	455	1,212
Restricted Cash	-	-	-	74	84	0.00
Accounts Receivable	79	93	206	195	257	349
Inventories, net	8.50	1.50	3.50	4.80	3.40	8.90
Prepaid Expenses	8.80	12	13	15	33	43
Other Current Assets	6.80	0.00	-	0.00	321	298
Plant, Property, & Equipment, net	15	15	18	22	123	165
Total Noncurrent Assets	662	731	812	1,540	2,111	2,966
Goodwill	421	477	538	735	1,111	1,456
Intangible Assets	209	186	224	647	830	981
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	0.00	397
Other Noncurrent Operating Assets	32	31	20	30	170	133
Total Liabilities & Shareholders' Equity	784	1,779	2,343	2,554	3,388	5,041
Total Liabilities	774	1,109	1,943	2,073	2,519	4,024
Total Current Liabilities	130	99	184	268	704	1,380
Short-Term Debt	5.30	0.90	-	-	0.00	687
Accounts Payable	58	61	121	167	205	248
Accrued Expenses	61	30	43	80	82	121
Customer Deposits	-	-	-	0.00	72	0.00
Current Deferred Revenue	5.60	7.80	15	16	21	16
Other Current Liabilities	-	0.00	4.80	5.30	325	309
Total Noncurrent Liabilities	644	1,010	1,759	1,805	1,815	2,644
Long-Term Debt	635	1,005	1,739	1,742	1,750	2,154
Noncurrent Deferred & Payable Income Tax Liabilities	4.10	2.80	0.30	19	29	61
Other Noncurrent Operating Liabilities	4.80	1.70	20	45	36	429
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-33	670	400	481	868	1,018
Total Preferred & Common Equity	-33	460	273	347	653	807
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-33	460	273	347	653	807
Common Stock	150	738	619	703	986	1,063
Retained Earnings	-182	-279	-325	-364	-347	-228
Accumulated Other Comprehensive Income / (Loss)	-	-	0.00	8.30	14	-28
Noncontrolling Interest	0.00	210	127	133	215	211

This table presents Shift4 Payments' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,486	2,615	2,591	2,650	3,408	3,494	5,049
Total Current Assets	961	1,049	973	1,039	1,191	928	2,095
Cash & Equivalents	673	744	649	692	523	205	1,426
Restricted Cash	-	74	76	91	57	75	0.00
Accounts Receivable	262	209	229	232	252	311	318
Inventories, net	5.90	4.30	2.80	2.50	2.70	8.10	7.10
Prepaid Expenses	20	18	17	21	39	50	60
Other Current Assets	-	-	-	-	316	279	283
Plant, Property, & Equipment, net	21	24	27	28	27	145	157
Total Noncurrent Assets	1,504	1,775	1,590	1,583	2,190	2,422	2,797
Long-Term Investments	32	56	56	59	73	73	79
Goodwill	777	737	757	755	1,107	1,300	1,324
Intangible Assets	562	951	645	625	799	920	903
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	-	371
Other Noncurrent Operating Assets	62	31	31	34	77	129	121
Total Liabilities & Shareholders' Equity	2,486	2,615	2,591	2,650	3,408	3,494	5,049
Total Liabilities	2,065	2,089	2,111	2,109	2,512	2,535	4,001
Total Current Liabilities	289	283	300	313	700	686	703
Accounts Payable	177	174	189	181	224	264	252
Accrued Expenses	87	83	89	110	95	121	138
Customer Deposits	-	-	-	-	51	0.00	0.00
Current Deferred Revenue	20	21	16	15	15	19	22
Other Current Liabilities	4.60	5.80	6.10	6.70	316	283	291
Total Noncurrent Liabilities	1,776	1,805	1,811	1,796	1,812	1,849	3,298
Long-Term Debt	1,740	1,744	1,746	1,748	1,752	1,754	2,838
Noncurrent Deferred & Payable Income Tax Liabilities	9.30	13	18	17	28	31	33
Other Noncurrent Operating Liabilities	27	48	47	30	32	64	427
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	421	526	479	541	896	959	1,048
Total Preferred & Common Equity	303	392	357	400	675	701	812
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	303	392	357	400	675	701	812
Common Stock	696	730	734	749	997	1,006	1,049
Retained Earnings	-393	-349	-388	-355	-326	-298	-258
Accumulated Other Comprehensive Income / (Loss)	-0.70	10	10	6.30	3.50	-7.10	21
Noncontrolling Interest	118	135	123	141	221	258	236

This table displays calculated financial ratios and metrics derived from Shift4 Payments' official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	30.47%	4.85%	78.32%	45.78%	28.65%	29.86%
EBITDA Growth	0.00%	1.94%	-48.42%	87.73%	309.64%	31.79%	-19.58%
EBIT Growth	0.00%	72.80%	-1,576.47%	13.86%	290.43%	14.97%	-137.40%
NOPAT Growth	0.00%	66.41%	-1,209.09%	14.58%	374.34%	24.96%	46.44%
Net Income Growth	0.00%	-2.17%	-96.82%	33.57%	217.16%	41.75%	139.63%
EPS Growth	0.00%	0.00%	0.00%	-106.98%	217.98%	36.19%	111.89%
Operating Cash Flow Growth	0.00%	-68.63%	-50.00%	-25.00%	9,080.00%	25.64%	44.60%
Free Cash Flow Firm Growth	0.00%	0.00%	78.15%	26.95%	-369.07%	-15.54%	29.80%
Invested Capital Growth	0.00%	0.00%	15.72%	9.26%	71.06%	48.63%	27.30%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	15.99%	7.45%	7.00%	5.77%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	4.79%	28.04%	-4.62%	42.31%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.81%	59.01%	-22.05%	58.56%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	1.01%	44.50%	-0.71%	31.10%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	9.76%	151.30%	-13.57%	68.86%
EPS Q/Q Growth	0.00%	0.00%	0.00%	12.75%	123.40%	-12.80%	63.78%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	149.38%	144.78%	107.69%	-18.11%	8.71%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	9.20%	-540.60%	50.75%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-4.31%	-3.92%	43.67%	11.19%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	25.10%	23.71%	23.18%	20.36%	23.59%	26.82%	29.22%
EBITDA Margin	11.06%	8.64%	4.25%	4.48%	12.58%	12.88%	7.98%
Operating Margin	-2.34%	-0.60%	-7.51%	-3.60%	4.75%	4.48%	7.42%
EBIT Margin	-2.23%	-0.46%	-7.43%	-3.59%	4.69%	4.19%	-1.21%
Profit (Net Income) Margin	-9.88%	-7.74%	-14.53%	-5.41%	4.35%	4.79%	8.84%
Tax Burden Percent	93.11%	103.10%	97.89%	95.98%	99.77%	102.85%	-18,406.25%
Interest Burden Percent	476.00%	1,614.71%	199.65%	157.03%	92.94%	111.16%	3.98%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.23%	-2.85%	0.00%
Return on Invested Capital (ROIC)	0.00%	-0.95%	-5.78%	-4.40%	8.52%	6.79%	7.32%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-17.76%	-25.66%	-20.33%	7.36%	7.24%	15.88%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-1,119.84%	-26.98%	-9.44%	11.17%	11.43%	23.91%
Return on Equity (ROE)	0.00%	-1,120.79%	-32.76%	-13.84%	19.70%	18.22%	31.23%
Cash Return on Invested Capital (CROIC)	0.00%	-200.95%	-20.36%	-13.25%	-43.90%	-32.33%	-16.70%
Operating Return on Assets (OROA)	0.00%	-0.43%	-4.45%	-2.38%	3.82%	3.62%	-0.95%
Return on Assets (ROA)	0.00%	-7.22%	-8.69%	-3.59%	3.54%	4.14%	6.99%
Return on Common Equity (ROCE)	0.00%	3,650.90%	-20.55%	-9.47%	13.88%	13.52%	24.17%
Return on Equity Simple (ROE_SIMPLE)	0.00%	172.04%	-24.24%	-27.13%	24.96%	18.81%	36.51%
Net Operating Profit after Tax (NOPAT)	-9.17	-3.08	-40	-34	94	118	173
NOPAT Margin	-1.64%	-0.42%	-5.26%	-2.52%	4.74%	4.60%	5.19%
Net Nonoperating Expense Percent (NNEP)	0.00%	16.81%	19.88%	15.93%	1.16%	-0.45%	-8.56%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	4.25%	4.51%	4.48%
Cost of Revenue to Revenue	74.90%	76.29%	76.82%	79.64%	76.41%	73.18%	70.78%
SG&A Expenses to Revenue	15.55%	17.43%	25.82%	17.28%	15.08%	14.13%	15.04%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.43%	24.31%	30.70%	23.96%	18.84%	22.34%	21.80%
Earnings before Interest and Taxes (EBIT)	-13	-3.40	-57	-49	94	108	-40
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	62	63	33	61	251	330	266
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	13.13	17.61	13.28	9.38	11.59
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.62	0.47	7.87	3.51	2.31	2.39	2.81
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	61.41	71.09	40.73
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	1.63%	1.41%	2.46%
Enterprise Value to Invested Capital (EV/IC)	0.00	1.58	8.45	6.61	4.05	3.63	4.23
Enterprise Value to Revenue (EV/Rev)	0.00	1.40	8.25	3.95	2.84	2.95	3.36
Enterprise Value to EBITDA (EV/EBITDA)	0.00	16.21	193.98	88.36	22.59	22.86	42.12
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	60.57	70.27	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	59.94	63.98	64.73
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	128.09	1,580.94	1,802.60	20.57	21.83	22.37
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	63.41	1.50	4.35	3.62	2.02	2.79
Long-Term Debt to Equity	0.00	62.88	1.50	4.35	3.62	2.02	2.12
Financial Leverage	0.00	63.04	1.05	0.46	1.52	1.58	1.51
Leverage Ratio	0.00	77.62	3.77	3.85	5.56	4.40	4.47
Compound Leverage Factor	0.00	1,253.40	7.52	6.05	5.17	4.90	0.18
Debt to Total Capital	0.00%	98.45%	60.03%	81.31%	78.38%	66.84%	73.63%
Short-Term Debt to Total Capital	0.00%	0.81%	0.05%	0.00%	0.00%	0.00%	17.80%
Long-Term Debt to Total Capital	0.00%	97.63%	59.98%	81.31%	78.38%	66.84%	55.82%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	6.61%	12.55%	5.93%	6.00%	8.21%	5.47%
Common Equity to Total Capital	0.00%	-5.06%	27.42%	12.76%	15.63%	24.95%	20.90%
Debt to EBITDA	0.00	10.13	30.87	28.41	6.95	5.30	10.69
Net Debt to EBITDA	0.00	10.07	2.41	7.79	3.66	3.66	6.13
Long-Term Debt to EBITDA	0.00	10.05	30.84	28.41	6.95	5.30	8.11
Debt to NOPAT	0.00	-207.92	-24.96	-50.48	18.44	14.82	16.43
Net Debt to NOPAT	0.00	-206.72	-1.95	-13.84	9.72	10.26	9.42
Long-Term Debt to NOPAT	0.00	-206.20	-24.94	-50.48	18.44	14.82	12.46
Altman Z-Score	0.00	0.82	4.00	2.45	2.38	2.34	2.09
Noncontrolling Interest Sharing Ratio	0.00%	425.74%	37.26%	31.53%	29.56%	25.83%	22.60%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	0.82	10.40	7.91	3.70	1.64	1.38
Quick Ratio	0.00	0.63	10.27	7.82	3.35	1.01	1.13
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-650	-142	-104	-487	-562	-395
Operating Cash Flow to CapEx	1,593.75%	97.56%	20.73%	5.55%	445.63%	378.14%	461.53%
Free Cash Flow to Firm to Interest Expense	0.00	-12.62	-2.50	-3.71	-14.97	-17.52	-6.39
Operating Cash Flow to Interest Expense	0.54	0.16	0.07	0.11	8.47	10.78	8.10
Operating Cash Flow Less CapEx to Interest Expense	0.51	0.00	-0.27	-1.83	6.57	7.93	6.34
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	0.93	0.60	0.66	0.81	0.86	0.79
Accounts Receivable Turnover	0.00	9.31	8.95	9.16	9.95	11.35	11.00
Inventory Turnover	0.00	65.65	117.82	435.64	367.08	457.80	383.33
Fixed Asset Turnover	0.00	47.49	50.29	81.64	97.97	35.28	23.11
Accounts Payable Turnover	0.00	9.60	9.93	11.99	10.59	10.11	10.41
Days Sales Outstanding (DSO)	0.00	39.22	40.76	39.85	36.70	32.15	33.18
Days Inventory Outstanding (DIO)	0.00	5.56	3.10	0.84	0.99	0.80	0.95
Days Payable Outstanding (DPO)	0.00	38.00	36.77	30.45	34.48	36.10	35.06
Cash Conversion Cycle (CCC)	0.00	6.78	7.09	10.24	3.22	-3.16	-0.93
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	647	749	818	1,399	2,079	2,647
Invested Capital Turnover	0.00	2.26	1.10	1.75	1.80	1.47	1.41
Increase / (Decrease) in Invested Capital	0.00	647	102	69	581	680	568
Enterprise Value (EV)	0.00	1,025	6,324	5,408	5,664	7,554	11,191
Market Capitalization	345	345	6,035	4,804	4,612	6,128	9,351
Book Value per Share	$0.00	($2.19)	$5.74	$3.29	$4.21	$7.93	$8.95
Tangible Book Value per Share	$0.00	($44.23)	($2.55)	($5.89)	($12.55)	($15.63)	($18.09)
Total Capital	0.00	651	1,676	2,138	2,223	2,619	3,859
Total Debt	0.00	640	1,006	1,739	1,742	1,750	2,841
Total Long-Term Debt	0.00	635	1,005	1,739	1,742	1,750	2,154
Net Debt	0.00	637	79	477	918	1,211	1,629
Capital Expenditures (CapEx)	1.60	8.20	19	54	62	92	108
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-22	7.20	38	-53	-91	5.60
Debt-free Net Working Capital (DFNWC)	0.00	-18	935	1,270	723	449	1,218
Net Working Capital (NWC)	0.00	-24	934	1,270	723	449	531
Net Nonoperating Expense (NNE)	46	54	71	40	7.78	-4.83	-122
Net Nonoperating Obligations (NNO)	0.00	637	79	418	918	1,211	1,629
Total Depreciation and Amortization (D&A)	75	67	90	110	157	223	306
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-2.99%	0.94%	2.80%	-2.66%	-3.53%	0.17%
Debt-free Net Working Capital to Revenue	0.00%	-2.49%	121.92%	92.86%	36.29%	17.50%	36.56%
Net Working Capital to Revenue	0.00%	-3.21%	121.80%	92.86%	36.29%	17.50%	15.93%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$2.68	$2.90	$6.72
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	0.00	56.17M	59.68M	1.67M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$2.10	$2.86	$6.06
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	0.00	82.77M	60.99M	1.67M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	82.90M	86.19M	89.10M
Normalized Net Operating Profit after Tax (NOPAT)	4.90	-0.42	-45	-34	58	110	176
Normalized NOPAT Margin	0.87%	-0.06%	-5.81%	-2.51%	2.91%	4.27%	5.28%
Pre Tax Income Margin	-10.61%	-7.51%	-14.84%	-5.64%	4.36%	4.66%	-0.05%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.27	-0.07	-1.00	-1.75	2.88	3.35	-0.65
NOPAT to Interest Expense	-0.20	-0.06	-0.71	-1.23	2.91	3.68	2.80
EBIT Less CapEx to Interest Expense	-0.30	-0.23	-1.34	-3.69	0.98	0.50	-2.40
NOPAT Less CapEx to Interest Expense	-0.23	-0.22	-1.05	-3.16	1.01	0.83	1.04
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	-0.36%	-15.37%	-1.26%	0.00%	0.00%	2.36%	6.72%
Augmented Payout Ratio	-0.36%	-15.37%	-1.26%	-26.35%	214.42%	88.12%	56.26%

This table displays calculated financial ratios and metrics derived from Shift4 Payments' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	44.87%	34.63%	36.10%	25.72%	23.41%	31.19%	29.32%	29.83%	34.62%	25.74%
EBITDA Growth	339.37%	225.93%	243.59%	54.28%	3.40%	-1.14%	50.45%	50.53%	-219.42%	100.89%
EBIT Growth	1,070.37%	680.39%	250.43%	42.17%	-17.56%	-51.69%	88.44%	70.64%	-562.27%	397.20%
NOPAT Growth	1,430.39%	872.83%	230.47%	73.46%	-15.92%	-10.78%	90.89%	64.40%	28.34%	300.02%
Net Income Growth	436.23%	381.02%	254.55%	145.33%	0.22%	-50.13%	39.71%	48.10%	55.27%	625.52%
EPS Growth	435.29%	386.67%	284.62%	133.33%	-3.51%	-48.84%	29.17%	38.10%	34.55%	536.36%
Operating Cash Flow Growth	365.00%	4,327.27%	157.79%	129.75%	71.58%	-54.84%	-28.59%	26.33%	63.03%	130.79%
Free Cash Flow Firm Growth	-188.39%	-661.06%	-336.50%	-356.54%	109.57%	-18.43%	48.45%	-89.36%	-1,768.88%	28.21%
Invested Capital Growth	70.36%	71.06%	71.58%	51.19%	-0.60%	48.63%	22.42%	63.47%	64.49%	27.30%
Revenue Q/Q Growth	8.01%	-1.75%	1.73%	16.45%	6.03%	4.44%	0.28%	16.91%	9.94%	-2.44%
EBITDA Q/Q Growth	76.87%	-18.43%	-28.95%	26.42%	18.54%	-22.01%	28.74%	26.49%	-194.04%	231.19%
EBIT Q/Q Growth	127.83%	-43.51%	-61.30%	89.02%	32.11%	-66.90%	127.97%	71.17%	-457.89%	135.60%
NOPAT Q/Q Growth	142.92%	-48.13%	-60.50%	248.50%	17.76%	-44.97%	-15.47%	200.14%	-8.07%	71.52%
Net Income Q/Q Growth	209.33%	-17.03%	-47.01%	80.39%	26.36%	-58.71%	48.44%	91.23%	32.48%	92.94%
EPS Q/Q Growth	216.67%	-24.56%	-44.19%	75.00%	30.95%	-60.00%	40.91%	87.10%	27.59%	89.19%
Operating Cash Flow Q/Q Growth	62.75%	114.29%	-43.08%	15.74%	21.55%	-43.60%	-46.15%	104.76%	56.85%	-20.15%
Free Cash Flow Firm Q/Q Growth	-455.08%	-0.89%	-20.77%	32.50%	111.64%	-1,348.62%	41.93%	-147.98%	-2.54%	46.29%
Invested Capital Q/Q Growth	52.45%	-3.92%	16.48%	-11.39%	0.23%	43.67%	-1.10%	18.33%	0.85%	11.19%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	24.79%	26.80%	26.58%	26.20%	26.70%	27.67%	26.55%	28.03%	29.40%	32.27%
EBITDA Margin	17.74%	14.73%	12.25%	13.30%	14.87%	11.10%	14.25%	15.42%	-13.19%	17.73%
Operating Margin	9.78%	5.58%	1.61%	5.32%	6.62%	3.88%	3.03%	7.16%	8.84%	9.70%
EBIT Margin	9.57%	5.50%	3.16%	5.13%	6.40%	2.03%	4.61%	6.75%	-21.96%	8.02%
Profit (Net Income) Margin	8.48%	7.16%	3.73%	5.78%	6.88%	2.72%	4.03%	6.59%	7.94%	15.70%
Tax Burden Percent	97.48%	90.16%	121.43%	109.85%	98.10%	88.07%	95.32%	103.42%	-34.66%	112.25%
Interest Burden Percent	90.84%	144.26%	97.11%	102.45%	109.72%	152.45%	91.72%	94.44%	104.31%	174.54%
Effective Tax Rate	2.52%	9.84%	-21.43%	-9.85%	1.90%	11.93%	4.68%	-3.42%	0.00%	-12.25%
Return on Invested Capital (ROIC)	15.30%	9.05%	3.24%	11.06%	10.72%	5.05%	4.34%	11.35%	10.19%	15.34%
ROIC Less NNEP Spread (ROIC-NNEP)	14.51%	10.76%	4.43%	11.01%	10.99%	4.58%	5.07%	10.78%	11.61%	18.35%
Return on Net Nonoperating Assets (RNNOA)	24.65%	16.34%	7.66%	24.36%	22.19%	7.23%	7.85%	17.73%	16.36%	27.63%
Return on Equity (ROE)	39.95%	25.39%	10.90%	35.42%	32.91%	12.28%	12.19%	29.08%	26.54%	42.97%
Cash Return on Invested Capital (CROIC)	-46.39%	-43.90%	-43.98%	-30.13%	8.79%	-32.33%	-13.21%	-40.32%	-41.87%	-16.70%
Operating Return on Assets (OROA)	7.34%	4.48%	2.68%	4.76%	5.97%	1.75%	4.17%	6.47%	-17.97%	6.33%
Return on Assets (ROA)	6.50%	5.83%	3.16%	5.36%	6.43%	2.35%	3.65%	6.31%	6.50%	12.41%
Return on Common Equity (ROCE)	28.04%	17.88%	7.85%	25.62%	24.05%	9.11%	9.14%	21.38%	20.25%	33.26%
Return on Equity Simple (ROE_SIMPLE)	11.41%	0.00%	30.70%	39.86%	35.53%	0.00%	19.42%	21.22%	21.48%	0.00%
Net Operating Profit after Tax (NOPAT)	52	27	11	37	44	24	20	61	56	97
NOPAT Margin	9.53%	5.03%	1.95%	5.85%	6.49%	3.42%	2.88%	7.40%	6.19%	10.88%
Net Nonoperating Expense Percent (NNEP)	0.79%	-1.71%	-1.19%	0.05%	-0.27%	0.46%	-0.74%	0.57%	-1.42%	-3.01%
Return On Investment Capital (ROIC_SIMPLE)	-	1.22%	-	-	-	0.92%	-	-	-	2.50%
Cost of Revenue to Revenue	75.21%	73.20%	73.42%	73.80%	73.30%	72.33%	73.45%	71.97%	70.60%	67.73%
SG&A Expenses to Revenue	15.46%	14.17%	16.78%	13.74%	12.14%	14.33%	16.27%	14.72%	14.03%	15.39%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.02%	21.22%	24.97%	20.88%	20.08%	23.79%	23.52%	20.87%	20.56%	22.57%
Earnings before Interest and Taxes (EBIT)	52	30	17	33	43	14	33	56	-200	71
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	97	79	67	85	100	78	101	128	-120	157
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	11.88	13.28	16.04	15.85	11.35	9.38	8.44	9.16	9.67	11.59
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.94	2.31	2.94	2.49	1.90	2.39	2.09	2.20	2.49	2.81
Price to Earnings (P/E)	98.47	61.41	64.52	50.35	44.68	71.09	61.90	60.52	61.66	40.73
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.02%	1.63%	1.55%	1.99%	2.24%	1.41%	1.62%	1.65%	1.62%	2.46%
Enterprise Value to Invested Capital (EV/IC)	3.26	4.05	4.47	4.67	3.86	3.63	3.52	3.42	3.96	4.23
Enterprise Value to Revenue (EV/Rev)	2.56	2.84	3.41	2.97	2.33	2.95	2.57	2.77	2.99	3.36
Enterprise Value to EBITDA (EV/EBITDA)	24.25	22.59	23.26	19.64	16.14	22.86	19.26	19.86	50.45	42.12
Enterprise Value to EBIT (EV/EBIT)	80.74	60.57	53.05	45.80	40.54	70.27	57.13	55.39	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	72.61	59.94	64.74	52.82	47.02	63.98	55.74	54.02	71.41	64.73
Enterprise Value to Operating Cash Flow (EV/OCF)	35.80	20.57	22.50	17.92	13.23	21.83	19.19	20.73	20.47	22.37
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	43.81	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	4.13	3.62	3.31	3.64	3.23	2.02	1.96	1.83	2.71	2.79
Long-Term Debt to Equity	4.13	3.62	3.31	3.64	3.23	2.02	1.96	1.83	2.71	2.12
Financial Leverage	1.70	1.52	1.73	2.21	2.02	1.58	1.55	1.65	1.41	1.51
Leverage Ratio	5.65	5.56	5.34	6.55	5.34	4.40	4.23	4.23	4.85	4.47
Compound Leverage Factor	5.14	8.02	5.19	6.71	5.86	6.71	3.88	4.00	5.05	7.80
Debt to Total Capital	80.52%	78.38%	76.81%	78.46%	76.37%	66.84%	66.17%	64.66%	73.04%	73.63%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	17.80%
Long-Term Debt to Total Capital	80.52%	78.38%	76.81%	78.46%	76.37%	66.84%	66.17%	64.66%	73.04%	55.82%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	5.48%	6.00%	5.93%	5.51%	6.15%	8.21%	8.36%	9.51%	6.07%	5.47%
Common Equity to Total Capital	14.00%	15.63%	17.26%	16.02%	17.48%	24.95%	25.47%	25.83%	20.89%	20.90%
Debt to EBITDA	8.89	6.95	5.57	5.09	5.05	5.30	4.81	4.31	15.20	10.69
Net Debt to EBITDA	5.29	3.66	2.78	2.81	2.62	3.66	3.02	3.44	7.14	6.13
Long-Term Debt to EBITDA	8.89	6.95	5.57	5.09	5.05	5.30	4.81	4.31	15.20	8.11
Debt to NOPAT	26.61	18.44	15.49	13.69	14.70	14.82	13.92	11.73	21.52	16.43
Net Debt to NOPAT	15.83	9.72	7.73	7.56	7.62	10.26	8.73	9.37	10.11	9.42
Long-Term Debt to NOPAT	26.61	18.44	15.49	13.69	14.70	14.82	13.92	11.73	21.52	12.46
Altman Z-Score	1.96	2.29	2.81	2.63	2.39	2.25	2.23	2.37	1.93	2.16
Noncontrolling Interest Sharing Ratio	29.82%	29.56%	27.98%	27.67%	26.94%	25.83%	25.02%	26.47%	23.72%	22.60%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.33	3.70	3.71	3.24	3.32	1.64	1.70	1.35	2.98	1.38
Quick Ratio	3.24	3.35	3.37	2.92	2.95	1.01	1.11	0.75	2.48	1.13
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-549	-554	-669	-452	53	-656	-345	-855	-877	-471
Operating Cash Flow to CapEx	330.46%	905.84%	456.32%	357.59%	361.49%	360.00%	220.62%	479.75%	578.10%	538.52%
Free Cash Flow to Firm to Interest Expense	-66.16	-70.13	-82.61	-56.46	6.57	-82.02	-42.58	-105.59	-47.92	-17.26
Operating Cash Flow to Interest Expense	7.84	17.66	9.80	11.49	13.96	7.88	7.00	14.33	9.95	5.33
Operating Cash Flow Less CapEx to Interest Expense	5.47	15.71	7.65	8.28	10.10	5.69	3.83	11.35	8.23	4.34
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.77	0.81	0.85	0.93	0.93	0.86	0.91	0.96	0.82	0.79
Accounts Receivable Turnover	8.31	9.95	9.89	9.45	9.70	11.35	11.81	10.81	11.45	11.00
Inventory Turnover	365.85	367.08	446.58	657.61	419.14	457.80	570.00	389.01	472.27	383.33
Fixed Asset Turnover	94.66	97.97	102.33	101.52	97.25	35.28	106.87	34.00	34.08	23.11
Accounts Payable Turnover	9.54	10.59	10.34	9.74	9.82	10.11	10.02	9.36	10.46	10.41
Days Sales Outstanding (DSO)	43.93	36.70	36.89	38.61	37.63	32.15	30.91	33.76	31.87	33.18
Days Inventory Outstanding (DIO)	1.00	0.99	0.82	0.56	0.87	0.80	0.64	0.94	0.77	0.95
Days Payable Outstanding (DPO)	38.25	34.48	35.31	37.49	37.16	36.10	36.43	39.01	34.88	35.06
Cash Conversion Cycle (CCC)	6.68	3.22	2.39	1.67	1.35	-3.16	-4.88	-4.32	-2.24	-0.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,456	1,399	1,630	1,444	1,447	2,079	1,995	2,360	2,381	2,647
Invested Capital Turnover	1.61	1.80	1.66	1.89	1.65	1.47	1.50	1.53	1.65	1.41
Increase / (Decrease) in Invested Capital	601	581	680	489	-8.70	680	365	917	933	568
Enterprise Value (EV)	4,748	5,664	7,289	6,737	5,591	7,554	7,015	8,081	9,418	11,191
Market Capitalization	3,594	4,612	6,284	5,650	4,544	6,128	5,695	6,421	7,850	9,351
Book Value per Share	$3.75	$4.21	$4.73	$4.29	$4.88	$7.93	$7.83	$8.01	$9.16	$8.95
Tangible Book Value per Share	($12.86)	($12.55)	($15.64)	($12.57)	($11.94)	($15.63)	($14.29)	($17.36)	($15.97)	($18.09)
Total Capital	2,161	2,223	2,270	2,225	2,289	2,619	2,648	2,713	3,886	3,859
Total Debt	1,740	1,742	1,744	1,746	1,748	1,750	1,752	1,754	2,838	2,841
Total Long-Term Debt	1,740	1,742	1,744	1,746	1,748	1,750	1,752	1,754	2,838	2,154
Net Debt	1,035	918	870	965	906	1,211	1,099	1,402	1,333	1,629
Capital Expenditures (CapEx)	20	15	17	26	31	18	26	24	32	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.60	-53	-52	-52	-58	-91	-90	-38	-35	5.60
Debt-free Net Working Capital (DFNWC)	672	723	766	673	726	449	491	241	1,391	1,218
Net Working Capital (NWC)	672	723	766	673	726	449	491	241	1,391	531
Net Nonoperating Expense (NNE)	5.75	-11	-9.71	0.44	-2.65	4.93	-8.10	6.72	-16	-43
Net Nonoperating Obligations (NNO)	1,035	918	1,103	965	906	1,211	1,099	1,402	1,333	1,629
Total Depreciation and Amortization (D&A)	45	50	50	52	57	64	68	72	80	86
Debt-free, Cash-free Net Working Capital to Revenue	-0.03%	-2.66%	-2.43%	-2.31%	-2.41%	-3.53%	-3.29%	-1.32%	-1.12%	0.17%
Debt-free Net Working Capital to Revenue	36.23%	36.29%	35.81%	29.66%	30.27%	17.50%	18.00%	8.28%	44.18%	36.56%
Net Working Capital to Revenue	36.23%	36.29%	35.81%	29.66%	30.27%	17.50%	18.00%	8.28%	44.18%	15.93%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.56	$1.00	$0.52	$0.86	$1.12	$0.40	$0.62	$1.18	$1.56	$3.36
Adjusted Weighted Average Basic Shares Outstanding	55.15M	3.86M	57.48M	58.98M	58.30M	1.94M	66.14M	66.13M	68.45M	1.67M
Adjusted Diluted Earnings per Share	$1.14	$0.86	$0.48	$0.84	$1.10	$0.44	$0.62	$1.16	$1.48	$2.80
Adjusted Weighted Average Diluted Shares Outstanding	81.45M	3.86M	84.48M	60.24M	59.43M	1.94M	67.66M	67.25M	91.02M	1.67M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	82.46M	82.90M	83.19M	82.06M	82.43M	86.19M	87.55M	88.59M	90.10M	89.10M
Normalized Net Operating Profit after Tax (NOPAT)	16	28	11	28	53	26	22	42	57	60
Normalized NOPAT Margin	2.96%	5.13%	2.02%	4.34%	7.79%	3.62%	3.17%	5.04%	6.31%	6.79%
Pre Tax Income Margin	8.70%	7.94%	3.07%	5.26%	7.02%	3.09%	4.23%	6.37%	-22.91%	13.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.31	3.75	2.14	4.09	5.40	1.79	4.02	6.89	-10.91	2.60
NOPAT to Interest Expense	6.28	3.42	1.32	4.65	5.48	3.02	2.52	7.56	3.08	3.54
EBIT Less CapEx to Interest Expense	3.94	1.80	-0.01	0.88	1.54	-0.40	0.85	3.90	-12.63	1.62
NOPAT Less CapEx to Interest Expense	3.91	1.47	-0.83	1.44	1.62	0.83	-0.65	4.57	1.35	2.55
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	1.16%	1.55%	1.90%	2.36%	1.37%	1.82%	3.90%	6.72%
Augmented Payout Ratio	595.36%	214.42%	1.16%	69.67%	69.97%	88.12%	1.37%	18.29%	29.42%	56.26%

Frequently Asked Questions About Shift4 Payments' Financials

When does Shift4 Payments's financial year end?

According to the most recent income statement we have on file, Shift4 Payments' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Shift4 Payments' net income changed over the last 6 years?

Shift4 Payments' net income appears to be on an upward trend, with a most recent value of $294.50 million in 2024, falling from -$55.40 million in 2018. The previous period was $122.90 million in 2023.

What is Shift4 Payments's operating income?

Shift4 Payments's total operating income in 2024 was $247 million, based on the following breakdown:

Total Gross Profit: $973.10 million
Total Operating Expenses: $726.10 million

How has Shift4 Payments revenue changed over the last 6 years?

Over the last 6 years, Shift4 Payments' total revenue changed from $560.60 million in 2018 to $3.33 billion in 2024, a change of 494.1%.

How much debt does Shift4 Payments have?

Shift4 Payments' total liabilities were at $4.02 billion at the end of 2024, a 59.7% increase from 2023, and a 419.9% increase since 2019.

How much cash does Shift4 Payments have?

In the past 5 years, Shift4 Payments' cash and equivalents has ranged from $3.70 million in 2019 to $1.23 billion in 2021, and is currently $1.21 billion as of their latest financial filing in 2024.

How has Shift4 Payments' book value per share changed over the last 6 years?

Over the last 6 years, Shift4 Payments' book value per share changed from 0.00 in 2018 to 8.95 in 2024, a change of 895.2%.

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This page (NYSE:FOUR) was last updated on 4/14/2025 by MarketBeat.com Staff

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Shift4 Payments (FOUR) Financials

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Shift4 Payments (FOUR) Financials

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