Financials Shift4 Payments, Inc.

Equities

FOUR

US82452J1097

Business Support Services

Market Closed - Nyse Other stock markets 01:32:50 21/04/2026 am IST			5-day change	1st Jan Change
49.32 ^USD	-0.68%		+8.47%	-21.68%

17/04	Artemis astronaut describes charring on heat shield during crew's fiery return to Earth	RE
16/04	Seaport Global Securities Downgrades Shift4 Payments to Neutral From Buy	MT

Projected Income Statement: Shift4 Payments, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1,368	1,994	2,565	3,331	4,180	5,087	5,808	6,723
Change	-	45.78%	28.65%	29.86%	25.5%	21.71%	14.17%	15.75%
EBITDA ¹	167.2	289.7	459.9	677.4	970	1,184	1,355	1,587
Change	-	73.27%	58.75%	47.29%	43.19%	22.11%	14.36%	17.18%
EBIT ¹	-49.2	94.7	114.8	247	351	524.6	641.4	775.5
Change	-	292.48%	21.22%	115.16%	42.11%	49.46%	22.26%	20.91%
Interest Paid ¹	-28	-32.5	-32.1	-61.8	-190	-250.8	-247.7	-120
Earnings before Tax (EBT) ¹	-77.1	86.9	119.5	-1.6	195	287.8	422.4	580.2
Change	-	212.71%	37.51%	-101.34%	12,287.5%	47.57%	46.79%	37.35%
Net income ¹	-48.2	75.1	86.2	229.6	79	168.6	251.9	337.6
Change	-	255.81%	14.78%	166.36%	-65.59%	113.44%	49.36%	34.06%
Announcement Date	01/03/22	28/02/23	27/02/24	18/02/25	26/02/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	239.3	351	377.8	399.4	401.9	506.7	547.3	537.7	547	637	675.4	705.4	707.4	827	909.2	887	848.3	966.2	1,177	1,189	1,087	1,225	1,351	1,417	1,249	1,405	1,542	1,617
Change	-	46.68%	7.64%	5.72%	0.63%	26.08%	8.01%	-1.75%	1.73%	16.45%	6.03%	4.44%	0.28%	16.91%	9.94%	-2.44%	-4.36%	13.9%	21.81%	1.03%	-8.56%	12.71%	10.29%	4.84%	-11.83%	12.48%	9.77%	4.88%
EBITDA ¹	22.2	45.2	55.8	44	44.3	65.6	85.4	94.4	89.3	110	124.5	136.1	121.7	162.4	187.4	205.9	168.5	205.1	292.1	304	233.4	284.9	324.3	341.8	272.1	326.8	373	387.8
Change	-	103.6%	23.45%	-21.15%	0.68%	48.08%	30.18%	10.54%	-5.4%	23.18%	13.18%	9.32%	-10.58%	33.44%	15.39%	9.87%	-18.16%	21.72%	42.42%	4.07%	-23.21%	22.06%	13.81%	5.42%	-20.41%	20.11%	14.16%	3.97%
EBIT ¹	-43.5	4.9	-5.6	-5	-11.7	22.9	53.5	30	8.8	33.9	44.7	27.4	21.4	59.2	80.4	86	25.4	83.1	114.6	128	72.35	125.5	157.2	164.6	94.39	155.4	190.3	197.8
Change	-	111.26%	-214.29%	10.71%	-134%	295.73%	133.62%	-43.93%	-70.67%	285.23%	31.86%	-38.7%	-21.9%	176.64%	35.81%	6.97%	-70.47%	227.17%	37.91%	11.69%	-43.48%	73.43%	25.3%	4.67%	-42.64%	64.68%	22.44%	3.95%
Charge d'intérêts ¹	-6.5	-6.3	-7.4	-7.8	-7.9	-8.4	-8.3	-7.9	-8.1	-8	-8	-8	-8.1	-8.1	-18.3	-27.3	-28.5	-39.4	-60.8	-61.3	-62.92	-62.79	-62.63	-62.45	-61.49	-61.59	-62.11	-62.47
Earnings before Tax (EBT) ¹	-50.2	-1.4	-12.8	-12.7	-19.4	16	47.6	42.7	16.8	33.5	47.4	21.8	29.9	52.7	-208.3	124.1	11.4	55.7	60.5	67	10.7	66.21	94.92	103.3	44.97	95.38	136.1	140.8
Change	-	97.21%	-814.29%	0.78%	-52.76%	182.47%	197.5%	-10.29%	-60.66%	99.4%	41.49%	-54.01%	37.16%	76.25%	-495.26%	159.58%	-90.81%	388.6%	8.62%	10.74%	-84.03%	518.66%	43.35%	8.84%	-56.47%	112.09%	42.66%	3.51%
Net income ¹	-32.6	4.5	-9.2	-9.4	-7.5	10.3	43.1	29.2	14.8	25.1	32.6	13.7	20.6	39.2	53.8	116	16.7	34	13	25	4.012	39.19	60.02	65.86	31.58	63.17	90.04	99.34
Change	-	113.8%	-304.44%	-2.17%	20.21%	237.33%	318.45%	-32.25%	-49.32%	69.59%	29.88%	-57.98%	50.36%	90.29%	37.24%	115.61%	-85.6%	103.59%	-61.76%	92.31%	-83.95%	876.8%	53.13%	9.73%	-52.05%	100.06%	42.53%	10.34%
Announcement Date	06/05/21	05/08/21	10/11/21	01/03/22	05/05/22	04/08/22	07/11/22	28/02/23	04/05/23	03/08/23	08/11/23	27/02/24	09/05/24	08/08/24	12/11/24	18/02/25	29/04/25	05/08/25	06/11/25	26/02/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Shift4 Payments, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	530	965	1,295	1,629	3,582	3,397	2,944	1,759
Change	-	82.08%	34.2%	25.79%	119.89%	-5.16%	-13.34%	-40.25%
Announcement Date	01/03/22	28/02/23	27/02/24	18/02/25	26/02/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Shift4 Payments, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	8.2	8	13.7	7.1	125	13.8	16.3	19
Change	-	-2.44%	71.25%	-48.18%	1,660.56%	-88.96%	18.12%	16.56%
Free Cash Flow (FCF) ¹	21	267.4	273.5	399.2	509	548.6	664.8	-
Change	-	1,173.33%	2.28%	45.96%	27.51%	7.77%	21.18%	-100%
Announcement Date	01/03/22	28/02/23	27/02/24	18/02/25	26/02/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Shift4 Payments, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	12.23%	14.53%	17.93%	20.34%	23.21%	23.28%	23.32%	23.61%
EBIT Margin (%)	-3.6%	4.75%	4.48%	7.42%	8.4%	10.31%	11.04%	11.53%
EBT Margin (%)	-5.64%	4.36%	4.66%	-0.05%	4.67%	5.66%	7.27%	8.63%
Net margin (%)	-3.52%	3.77%	3.36%	6.89%	1.89%	3.31%	4.34%	5.02%
FCF margin (%)	1.54%	13.41%	10.66%	11.99%	12.18%	10.78%	11.45%	-
FCF / Net Income (%)	-43.57%	356.06%	317.29%	173.87%	644.3%	325.33%	263.95%	-
Profitability
ROA	-	-	-	5.45%	1.15%	1.62%	2.61%	4.43%
ROE	15.16%	38.12%	49.13%	58.07%	45.53%	49.93%	46.15%	33.34%
Financial Health
Leverage (Debt/EBITDA)	3.17x	3.33x	2.82x	2.4x	3.69x	2.87x	2.17x	1.11x
Debt / Free cash flow	25.22x	3.61x	4.74x	4.08x	7.04x	6.19x	4.43x	-
Capital Intensity
CAPEX / Current Assets (%)	0.6%	0.4%	0.53%	0.21%	2.99%	0.27%	0.28%	0.28%
CAPEX / EBITDA (%)	4.9%	2.76%	2.98%	1.05%	12.89%	1.17%	1.2%	1.2%
CAPEX / FCF (%)	39.05%	2.99%	5.01%	1.78%	24.56%	2.52%	2.45%	-
Items per share
Cash flow per share ¹	3.984	3.327	4.691	5.466	7.127	11.91	15.89	20.28
Change	-	-16.48%	40.99%	16.52%	30.38%	67.11%	33.41%	27.62%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	3.283	4.191	7.58	9.057	13.81	21.56	28.36	36.29
Change	-	27.66%	80.87%	19.49%	52.52%	56.1%	31.52%	27.94%
EPS ¹	-0.89	1.05	1.43	3.03	1.08	2.168	3.184	5
Change	-	217.98%	36.19%	111.89%	-64.36%	100.73%	46.87%	57.04%
Nbr of stocks (in thousands)	56,662	56,633	58,603	70,301	68,818	81,239	81,239	81,239
Announcement Date	01/03/22	28/02/23	27/02/24	18/02/25	26/02/26	-	-	-