Shift4 Payments
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
24.9624.4514.84
Price/Sales ratio
1.591.373.13
Earnings per Share (EPS)
$3.59$3.67$6.05

Historical Multiples (2018 – 2023)

2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-23.62-26.52-30.47-42.9941.8351.4651.41-30.47
Price/Sales ratio
2.332.104.422.321.571.722.652.65
Price/Book Value ratio
31.61-53.317.3811.669.046.7911.117.38
Price/Cash Flow ratio
51.3357.71145.10108.9611.4011.4214.01108.96
Price/Free Cash Flow ratio
80.80226.60-357.40-56.51-30.0317.6917.18-357.40
Price/Earnings Growth ratio
N/A2.35-0.310.94-0.206.890.28-0.31
Dividend Yield
0.01%0.55%0.02%N/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
25.09%24.47%23.18%20.35%23.58%26.81%-104.63%20.35%
Operating Profit Margin
-2.33%-0.08%-8.30%-3.58%2.91%4.47%4.08%-8.30%
Pretax Profit Margin
-10.61%-7.73%-14.83%-5.63%4.35%4.65%5.96%-14.83%
Net Profit Margin
-9.88%-7.94%-14.52%-5.41%3.76%3.36%5.15%-14.52%
Effective Tax Rate
6.89%-2.65%2.10%4.02%0.23%-2.84%0.23%4.02%
Return on Assets
-7.49%-7.37%-6.26%-3.15%2.94%2.54%2.94%-6.26%
Return On Equity
-133.81%201.03%-24.23%-27.12%21.62%13.19%26.77%-24.23%
Return on Capital Employed
-2.04%-0.09%-3.79%-2.26%2.54%4.27%2.59%-3.79%
Liquidity Ratios
Current Ratio
N/AN/A10.39N/AN/AN/A3.69N/A
Quick Ratio
0.660.7510.387.883.671.633.627.88
Cash ratio
0.040.029.336.702.890.642.896.70
Days of Sales Outstanding
36.4642.8644.8355.5735.7036.5448.8844.83
Days of Inventory outstanding
4.435.610.921.171.150.661.150.92
Operating Cycle
40.8948.4845.7656.7436.8537.2013.2056.74
Days of Payables Outstanding
38.4238.3837.5440.5839.9439.7839.9437.54
Cash Conversion Cycle
2.4710.098.2116.15-3.08-2.579.238.21
Debt Ratios
Debt Ratio
0.740.810.560.740.680.510.810.56
Debt Equity Ratio
13.36-22.152.186.395.032.695.972.18
Long-term Debt to Capitalization
0.921.040.680.860.830.720.830.68
Total Debt to Capitalization
0.931.040.680.860.830.720.830.68
Interest Coverage Ratio
N/AN/A-1.40N/AN/AN/A1.82-1.40
Cash Flow to Debt Ratio
0.040.040.020.010.150.220.150.02
Company Equity Multiplier
17.84-27.263.878.587.355.187.353.87
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.040.030.030.020.130.150.180.03
Free Cash Flow / Operating Cash Flow Ratio
0.630.25-0.40-1.92-0.370.640.81-0.40
Cash Flow Coverage Ratio
0.040.040.020.010.150.220.150.02
Short Term Coverage Ratio
5.315.03266.0851.9649.7855.0826
Dividend Payout Ratio
-0.36%-14.62%-0.80%N/AN/AN/AN/A-0.80%