Global Payments Debt-to-Equity Ratio Growth & History (GPN)
Global Payments's debt-to-equity ratio was 0.95 for fiscal 2025.
View full Global Payments company overviewGlobal Payments annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.95 | 0.21 | +28.58% |
| 2024 | 2024-12-31 | 0.74 | 0.01 | +1.49% |
| 2023 | 2023-12-31 | 0.73 | 0.10 | +16.59% |
| 2022 | 2022-12-31 | 0.63 | 0.15 | +32.22% |
| 2021 | 2021-12-31 | 0.47 | 0.11 | +31.59% |
| 2020 | 2020-12-31 | 0.36 | 0.02 | +5.56% |
| 2019 | 2019-12-31 | 0.34 | −0.95 | −73.64% |
| 2018 | 2018-12-31 | 1.29 | 0.06 | +4.58% |
| 2017 | 2017-12-31 | 1.24 | −0.47 | −27.38% |
| 2016 · Dec 31 | 2016-12-31 | 1.70 | — | — |
| 2016 · May 31 | 2016-05-31 | 1.66 | −0.64 | −27.67% |
| 2015 | 2015-05-31 | 2.30 | 0.90 | +64.50% |
| 2014 | 2014-05-31 | 1.40 | 0.39 | +39.17% |
| 2013 | 2013-05-31 | 1.00 | 0.55 | +122.78% |
| 2012 | 2012-05-31 | 0.45 | −0.08 | −14.54% |
| 2011 | 2011-05-31 | 0.53 | 0.04 | +7.87% |
| 2010 | 2010-05-31 | 0.49 | — | — |
Global Payments quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.97 | 0.26 | +36.81% |
| Q1 2026 | 2026-03-31 | 0.95 | 0.22 | +30.30% |
| Q4 2025 | 2025-12-31 | 0.95 | 0.21 | +28.58% |
| Q3 2025 | 2025-09-30 | 0.67 | −0.06 | −8.62% |
| Q2 2025 | 2025-06-30 | 0.71 | −0.06 | −7.59% |
| Q1 2025 | 2025-03-31 | 0.73 | −0.04 | −5.68% |
| Q4 2024 | 2024-12-31 | 0.74 | 0.01 | +1.49% |
| Q3 2024 | 2024-09-30 | 0.74 | −0.01 | −0.93% |
| Q2 2024 | 2024-06-30 | 0.77 | −0.00 | −0.23% |
| Q1 2024 | 2024-03-31 | 0.77 | −0.03 | −3.82% |
| Q4 2023 | 2023-12-31 | 0.73 | 0.10 | +16.59% |
| Q3 2023 | 2023-09-30 | 0.74 | 0.15 | +25.03% |
| Q2 2023 | 2023-06-30 | 0.77 | 0.26 | +50.20% |
| Q1 2023 | 2023-03-31 | 0.80 | 0.33 | +70.45% |
| Q4 2022 | 2022-12-31 | 0.63 | 0.15 | +32.22% |
| Q3 2022 | 2022-09-30 | 0.59 | 0.18 | +44.35% |
| Q2 2022 | 2022-06-30 | 0.51 | 0.13 | +33.09% |
| Q1 2022 | 2022-03-31 | 0.47 | 0.11 | +29.65% |
| Q4 2021 | 2021-12-31 | 0.47 | 0.11 | +31.59% |
| Q3 2021 | 2021-09-30 | 0.41 | 0.08 | +24.04% |
| Q2 2021 | 2021-06-30 | 0.38 | 0.05 | +14.77% |
| Q1 2021 | 2021-03-31 | 0.36 | 0.01 | +3.25% |
| Q4 2020 | 2020-12-31 | 0.36 | 0.02 | +5.56% |
| Q3 2020 | 2020-09-30 | 0.33 | −0.01 | −2.16% |
| Q2 2020 | 2020-06-30 | 0.34 | −1.03 | −75.43% |
| Q1 2020 | 2020-03-31 | 0.35 | −1.07 | −75.21% |
| Q4 2019 | 2019-12-31 | 0.34 | −0.95 | −73.64% |
| Q3 2019 | 2019-09-30 | 0.34 | −0.88 | −72.16% |
| Q2 2019 | 2019-06-30 | 1.36 | 0.22 | +19.65% |
| Q1 2019 | 2019-03-31 | 1.42 | 0.33 | +29.81% |
| Q4 2018 | 2018-12-31 | 1.29 | 0.06 | +4.58% |
| Q3 2018 | 2018-09-30 | 1.22 | −0.15 | −10.70% |
| Q2 2018 | 2018-06-30 | 1.14 | −0.37 | −24.48% |
| Q1 2018 | 2018-03-31 | 1.09 | −0.53 | −32.84% |
| Q4 2017 | 2017-12-31 | 1.24 | −0.47 | −27.38% |
| Q3 2017 | 2017-09-30 | 1.36 | — | — |
| Q2 2017 · Jun 30 | 2017-06-30 | 1.51 | — | — |
| Q1 2017 · Mar 31 | 2017-03-31 | 1.63 | — | — |
| Q4 2016 · Dec 31 | 2016-12-31 | 1.70 | — | — |
| Q2 2017 · Nov 30 | 2016-11-30 | 1.71 | −0.68 | −28.31% |
| Q1 2017 · Aug 31 | 2016-08-31 | 1.65 | −0.82 | −33.15% |
| Q4 2016 · May 31 | 2016-05-31 | 1.66 | −0.64 | −27.67% |
| Q3 2016 | 2016-02-29 | 2.24 | −0.26 | −10.24% |
| Q2 2016 | 2015-11-30 | 2.39 | 0.00 | +0.11% |
| Q1 2016 | 2015-08-31 | 2.46 | 0.26 | +11.96% |
| Q4 2015 | 2015-05-31 | 2.30 | 0.90 | +64.50% |
| Q3 2015 | 2015-02-28 | 2.49 | 1.15 | +85.64% |
| Q2 2015 | 2014-11-30 | 2.38 | 1.06 | +79.70% |
| Q1 2015 | 2014-08-31 | 2.20 | 0.89 | +67.48% |
| Q4 2014 | 2014-05-31 | 1.40 | 0.39 | +39.17% |
| Q3 2014 | 2014-02-28 | 1.34 | 0.36 | +37.07% |
| Q2 2014 | 2013-11-30 | 1.33 | 0.44 | +49.72% |
| Q1 2014 | 2013-08-31 | 1.31 | 0.84 | +178.22% |
| Q4 2013 | 2013-05-31 | 1.00 | 0.55 | +122.78% |
| Q3 2013 | 2013-02-28 | 0.98 | 0.59 | +152.92% |
| Q2 2013 | 2012-11-30 | 0.89 | 0.43 | +96.42% |
| Q1 2013 | 2012-08-31 | 0.47 | −0.12 | −20.90% |
| Q4 2012 | 2012-05-31 | 0.45 | −0.08 | −14.54% |
| Q3 2012 | 2012-02-29 | 0.39 | 0.04 | +11.34% |
| Q2 2012 | 2011-11-30 | 0.45 | — | — |
| Q1 2012 | 2011-08-31 | 0.60 | — | — |
| Q4 2011 | 2011-05-31 | 0.53 | 0.04 | +7.87% |
| Q3 2011 | 2011-02-28 | 0.35 | — | — |
| Q4 2010 | 2010-05-31 | 0.49 | — | — |
Global Payments debt-to-equity ratio trends
Over the last five fiscal years, Global Payments's debt-to-equity ratio increased from 0.36 to 0.95, a change of 0.59. The latest reported quarter, Q2 2026, shows 0.97.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Global Payments source filings ↗