GPN · Earnings call · 2026Q2T · Full report
Liquidity and Debt Position
GLOBAL PAYMENTS INC · 2026-08-05 · Importance 58 · Surprise 42 · In source text
Global Payments ended the second quarter with net leverage just below 3.5x. More than 90% of indebtedness carries a fixed interest rate, with a weighted-average cost of approximately 4%. Management remains committed to preserving investment-grade credit ratings and reaching 3.0x net leverage by the end of 2027. The deleveraging plan is supported by expected free-cash-flow generation and the planned decline in integration and separation costs after 2026.
Key facts
- Committed to achieving 3x net leverage target by end of 2027
- Ended Q2 2026 with just below 3.5x net leverage and indebtedness more than 90% fixed rate with weighted average cost approximately 4%
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | positive | committed | — | Committed to achieving 3x net leverage target by end of 2027 |