Shift4 Payments (FOUR) EV to EBITDA (2020 - 2026)
Shift4 Payments' (FOUR) EV to EBITDA stood at 7.96 in Q2 2026, down 21.0% from 10.08 a year earlier but up 12.1% from the prior quarter.
Powered by 
Analysis
Shift4 Payments (FOUR) EV to EBITDA (2020 - 2026) Analysis & Trends
On a TTM basis, Shift4 Payments' EV to EBITDA came in at 4.75 as of Jun 30, 2026, up 24.3% year-over-year; for FY2025, it came in at 5.95, down 60.7% from FY2024.
- Across earlier years, EV to EBITDA came in at 15.15 in FY2024 (-18.9%), 18.69 in FY2023 (+12.1%), 16.68 in FY2022 (-75.2%) and 67.20 in FY2021 (-66.6%).
- Quarterly EV to EBITDA has ranged from 5.96 in Q4 2025 to 102.29 in Q3 2021 over the past five years.
- On a year-over-year basis, EV to EBITDA has declined for seven consecutive quarters, with an average decline of 28.4% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 13.7% in Q3 2024, against a decline of 89.0% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.10 (Q1 2026), 5.96 (Q4 2025) and 8.50 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn |
| 10 | Shift4 Payments | 3.16 Bn | -147.54 Mn | 446.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.86 |
| Mar 31, 2026 | 6.98 |
| Dec 31, 2025 | 5.84 |
| Sep 30, 2025 | 8.33 |
| Jun 30, 2025 | 9.85 |
| Mar 31, 2025 | 10.90 |
| Dec 31, 2024 | 14.90 |
| Sep 30, 2024 | 14.06 |
| Jun 30, 2024 | 15.61 |
| Mar 31, 2024 | 14.85 |
| Dec 31, 2023 | 18.25 |
| Sep 30, 2023 | 12.26 |
| Jun 30, 2023 | 15.66 |
| Mar 31, 2023 | 19.53 |
| Dec 31, 2022 | 16.14 |
| Sep 30, 2022 | 15.88 |
| Jun 30, 2022 | 14.46 |
| Mar 31, 2022 | 42.66 |
| Dec 31, 2021 | 60.71 |
| Sep 30, 2021 | 90.69 |
API Access
Shift4 Payments EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=FOUR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "FOUR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=FOUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();