Global Payments said consolidated revenues for 2024 increased to $10,105.9 million from $9,654.4 million in the prior year, an increase of $451.5 million or 4.7%. The company cited growth in transaction volume as the driver of the increase.

1. 01

   Global Payments said consolidated revenues for 2024 increased to $10,105.9 million from $9,654.4 million in the prior year, an increase of $451.5 million or 4.7%. The company cited growth in transaction volume as the driver of the increase.

2. 02

   Global Payments said consolidated operating income for 2024 was $2,333.6 million, compared to $1,716.4 million in the prior year, with operating margin of 23.1% compared to 17.8% in the prior year. The company said 2024 operating income included the gain on the sale of AdvancedMD and reflected business transformation costs of $99.1 million.

3. 03

   Global Payments completed the sale of AdvancedMD in December 2024 for approximately $1 billion, subject to certain closing adjustments, and recognized a gain on the sale of $273.1 million for the year. The company also issued $2.0 billion in aggregate principal amount of 1.500% convertible senior notes due March 2031 through a private placement.

4. 04

   Global Payments said operating cash flow for 2024 was $3,532.7 million compared to $2,248.7 million in the prior year, and it repurchased and retired 12.7 million shares of common stock for $1,552.0 million. As of December 31, 2024, the remaining authorization for share repurchases was $1,850.0 million.

Key figures

Fiscal year ended December 31, 2024

Revenue

$10.1B

Operating income

$2.3B

Net income

$1.6B

EPS

$6.16

Operating cash flow

$3.5B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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