FOURShift4 Payments, Inc.
Services-Business Services, NEC
- Revenue
- $4.2B
- 25% YoY
- Operating margin
- 8.4%
- 13% YoY
- EBITDA
- $783M
- 44% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 5.3×
- $4.2B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear431% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear71% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear31% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.4B | $2.0B | $2.6B | $3.3B | $4.2B | 25% |
| Operating income | −$49M | $95M | $115M | $247M | $351M | 42% |
| Net income | −$48M | $87M | $123M | $295M | $147M | 50% |
| Operating cash flow | $3M | $275M | $346M | $500M | $634M | 27% |
| Capex | $8M | $8M | $14M | $7M | $10M | 43% |
| Stock-based comp | $41M | $50M | $57M | $65M | $82M | 26% |
| Buybacks | $20M | $186M | $105M | $146M | $453M | 210% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 84 | 248 |
| FY2024 | — | — | 313 | 262 |
| FY2023 | — | — | 222 | 191 |
| FY2022 | — | — | 167 | 122 |