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Global Payments — Feb 13, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001123360-25-000004
Open on SEC.gov ↗
Showing in the filing
Capital returned to shareholders
“approximately $2 billion”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 16
Accelerated share repurchase plan for FY2025
“$250 million”
Annual run-rate operating income benefits for FY2027
“more than $600 million”
Expected operating income benefit from opera… for FY2027
“more than $600 million”
Constant currency adjusted net revenue growt… for FY2025
“5% to 6%”
Annual adjusted operating margin expansion, … for FY2025
“50 basis points”
Capital returned to shareholders for FY2025
“approximately $2 billion”
Dividend per share for FY2025
“$0.25 per share”
GAAP revenues for FY2025
“0% to 1%”
Adjustments (1) for FY2025
“0%”
FX impact (Revenues) for FY2025
“~2%”
Constant currency (CC) adj net revenue for FY2025
“2% to 3%”
Dispositions (Revenues) for FY2025
“~3%”
GAAP diluted EPS for FY2025
“4% to 5%”
Adjustments (2) for FY2025
“~4%”
Constant currency adjusted earnings per shar… for FY2025
“10% to 11%”
Constant currency adjusted EPS for FY2025
“10% to 11%”
Exhibit 99.1 · the passage around this item
… earlier in the release
“We also generated strong adjusted free cash flow during the year, while effectively balancing returning capital to our shareholders and reducing our net leverage position.” Whipple continued, "Consistent with the medium-term outlook we provided at our Investor Conference, we expect constant currency adjusted net revenue growth to be in a range of 5% to 6%, excluding dispositions, and constant currency adjusted earnings per share growth to be in a range of 10% to 11% in 2025. Annual adjusted operating margin is expected to expand 50 basis points excluding dispositions. We also expect to return approximately $2 billion to shareholders during the year.” Whipple concluded, “Our outlook reflects the strategic initiatives we are undertaking through our transformation and assumes a stable macro environment. We are confident that the business has good forward momentum as we execute against our refocused strategy.” Capital Allocation Global Payments’ Board of Directors approved a dividend of $0.25 per share payable on March 28, 2025 to shareholders of record as of March 14, 2025. 2 Exhibit 99.1 Conference Call Global Payments’ management will host a live audio webcast today, February 13, 2025, at 8:00 a.m. ET to discuss financial results and business highlights. The audio webcast, along with supplemental financial information, can be accessed via the investor relations page of the company’s website at investors.globalpayments.com. A replay of the audio webcast will be archived on the company's website following the live event. Non-GAAP Financial Measures Global Payments supplements revenues, operating income, operating margin and net income and earnings per share determined in accordance with GAAP by providing these measures with certain adjustments (such measures being non-GAAP financial measures) in
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.