Global Payments Inc (GPN) — Working Capital to Net Assets Ratio
Global Payments Inc (GPN) has a Working Capital to Net Assets ratio of -12.5% as of March 2026. Working capital of $-3.07 Billion (current assets of $11.67 Billion minus current liabilities of $14.75 Billion) is measured against net assets of $24.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GPN financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Global Payments Inc Working Capital to Net Assets (1999–2025)
This chart shows how Global Payments Inc's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at -12.5%, reflecting working capital of $-3.07 Billion against net assets of $24.67 Billion USD. See Global Payments Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Global Payments Inc (1999–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Global Payments Inc from 1999 to 2025, covering 27 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Global Payments Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 21.6% | $5.15 Billion | $23.78 Billion | $12.60 Billion | $7.46 Billion | ▲ +22.6 pp |
| 2024 | -0.9% | $-216.04 Million | $23.02 Billion | $6.04 Billion | $6.25 Billion | ▼ -0.7 pp |
| 2023 | -0.2% | $-51.97 Million | $23.79 Billion | $8.07 Billion | $8.13 Billion | ▲ +2.4 pp |
| 2022 | -2.6% | $-584.54 Million | $22.54 Billion | $6.31 Billion | $6.90 Billion | ▼ -3.6 pp |
| 2021 | 1.0% | $247.97 Million | $25.87 Billion | $4.71 Billion | $4.46 Billion | ▲ +0.8 pp |
| 2020 | 0.2% | $43.27 Million | $27.49 Billion | $4.59 Billion | $4.55 Billion | ▼ -2.6 pp |
| 2019 | 2.8% | $787.10 Million | $28.05 Billion | $4.37 Billion | $3.58 Billion | ▲ +0.2 pp |
| 2018 | 2.6% | $107.59 Million | $4.19 Billion | $3.38 Billion | $3.27 Billion | ▼ -9.7 pp |
| 2017 | 12.3% | $487.99 Million | $3.97 Billion | $4.30 Billion | $3.82 Billion | ▲ +2.8 pp |
| 2016 | 9.5% | $264.05 Million | $2.78 Billion | $3.12 Billion | $2.85 Billion | ▼ -22.3 pp |
| 2015 | 31.8% | $274.73 Million | $863.55 Million | $3.29 Billion | $3.02 Billion | ▼ -6.3 pp |
| 2014 | 38.1% | $431.83 Million | $1.13 Billion | $1.64 Billion | $1.21 Billion | ▼ -1.5 pp |
| 2013 | 39.7% | $510.38 Million | $1.29 Billion | $1.21 Billion | $704.11 Million | ▲ +11.2 pp |
| 2012 | 28.5% | $411.45 Million | $1.45 Billion | $1.25 Billion | $837.28 Million | ▲ +1.0 pp |
| 2011 | 27.4% | $403.61 Million | $1.47 Billion | $1.85 Billion | $1.44 Billion | ▼ -2.9 pp |
| 2010 | 30.4% | $295.79 Million | $974.19 Million | $968.26 Million | $672.47 Million | ▼ -7.8 pp |
| 2009 | 38.2% | $259.01 Million | $678.24 Million | $595.19 Million | $336.18 Million | ▲ +6.7 pp |
| 2008 | 31.5% | $320.89 Million | $1.02 Billion | $510.02 Million | $189.12 Million | ▲ +0.5 pp |
| 2007 | 31.0% | $301.55 Million | $972.71 Million | $444.43 Million | $142.88 Million | ▲ +5.6 pp |
| 2006 | 25.4% | $198.75 Million | $783.22 Million | $348.41 Million | $149.66 Million | ▲ +31.4 pp |
| 2005 | -6.0% | $-32.53 Million | $543.21 Million | $216.91 Million | $249.44 Million | ▲ +13.2 pp |
| 2004 | -19.2% | $-82.86 Million | $432.18 Million | $143.57 Million | $226.43 Million | ▼ -35.9 pp |
| 2003 | 16.8% | $65.34 Million | $389.67 Million | $162.10 Million | $96.76 Million | ▲ +22.2 pp |
| 2002 | -5.5% | $-17.55 Million | $321.53 Million | $79.46 Million | $97.00 Million | ▼ -6.8 pp |
| 2001 | 1.3% | $4.01 Million | $309.87 Million | $136.50 Million | $132.48 Million | ▲ +0.0 pp |
| 2000 | 1.3% | $4.01 Million | $309.87 Million | $136.50 Million | $132.48 Million | ▲ +42.8 pp |
| 1999 | -41.5% | $-57.43 Million | $138.27 Million | $80.22 Million | $137.65 Million | — |