Shift4 Payments (FOUR) Debt to Equity (2019 - 2026)

Shift4 Payments (FOUR) reported Debt to Equity of $2.55 for Q1 2026, down 8.72% on a YoY basis from $2.8 in Q1 2025, and down 18.96% quarter-over-quarter from $3.15 in Q4 2025.

Shift4 Payments (FOUR) Debt to Equity (2019 - 2026) Analysis & Trends

Shift4 Payments has reported Debt to Equity for 8 years, with the latest figure at $2.55 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 8.72% year-over-year to $2.55; the trailing twelve-month figure through Mar 2026 stood at $2.55 (down 8.72% YoY), and the FY2025 full-year result was $3.15, up 12.96% from the prior year.
  • Debt to Equity for Q1 2026 stood at $2.55, down from $3.15 in the prior quarter.
  • The five-year high for Debt to Equity was $6.5 in Q2 2022, with the low at $1.83 in Q2 2024.
  • Historically, Debt to Equity has averaged $3.08 across 5 years, with a median of $2.8 in 2025.
  • Annual changes were most pronounced in 2022 — Debt to Equity jumped 159.47% — and 2024, when it plunged 49.78%.
  • Shift4 Payments' Debt to Equity stood at $3.62 in 2022, then slumped by 44.39% to $2.01 in 2023, then jumped by 38.57% to $2.79 in 2024, then rose by 12.96% to $3.15 in 2025, then dropped by 18.96% to $2.55 in 2026.
  • The last three Debt to Equity figures came in at $2.55 (Q1 2026), $3.15 (Q4 2025), and $2.14 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 0.10
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 3.24
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn -
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn -
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 0.17
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 0.50
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 0.33
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 0.85
10 Shift4 Payments 2.80 Bn 2.34 Bn 392.00 Mn 2.55

Historic Data

Download Data
DateValue
Mar 31, 2026 2.55
Dec 31, 2025 3.15
Sep 30, 2025 2.14
Jun 30, 2025 1.87
Mar 31, 2025 2.80
Dec 31, 2024 2.79
Sep 30, 2024 2.71
Jun 30, 2024 1.83
Mar 31, 2024 1.96
Dec 31, 2023 2.01
Sep 30, 2023 3.23
Jun 30, 2023 3.64
Mar 31, 2023 3.31
Dec 31, 2022 3.62
Sep 30, 2022 4.13
Jun 30, 2022 6.50
Mar 31, 2022 4.15
Dec 31, 2021 4.35
Sep 30, 2021 3.99
Jun 30, 2021 2.50