Shift4 Payments (FOUR) EV to FCF (2022 - 2026)
Shift4 Payments' (FOUR) EV to FCF was 16.16 for Q2 2026, up 6.4% from 15.20 a year earlier and up 44.8% from the prior quarter.
Shift4 Payments (FOUR) EV to FCF (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Shift4 Payments' EV to FCF came in at 9.65, up 67.4% year-over-year; for FY2025, it came in at 9.15, down 55.7% from FY2024.
- By year, EV to FCF came in at 20.66 in FY2024 (-10.2%), 23.01 in FY2023 (+25.4%) and 18.35 in FY2022.
- The Q2 2026 figure ranks as the highest quarterly EV to FCF since Q1 2025.
- Year over year, EV to FCF gained in two of the last eight quarters, with an average decline of 11.3%.
- The high point for year-over-year EV to FCF in five years was Q3 2024 (growth of 68.3%); the low point was Q2 2023 (a decline of 72.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.16 (Q1 2026), 9.15 (Q4 2025) and 13.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn |
| 10 | Shift4 Payments | 5.77 Bn | 2.58 Bn | 446.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.16 |
| Mar 31, 2026 | 11.16 |
| Dec 31, 2025 | 9.15 |
| Sep 30, 2025 | 13.78 |
| Jun 30, 2025 | 15.20 |
| Mar 31, 2025 | 16.79 |
| Dec 31, 2024 | 20.66 |
| Sep 30, 2024 | 19.47 |
| Jun 30, 2024 | 20.58 |
| Mar 31, 2024 | 18.65 |
| Dec 31, 2023 | 23.01 |
| Sep 30, 2023 | 11.56 |
| Jun 30, 2023 | 16.28 |
| Mar 31, 2023 | 21.42 |
| Dec 31, 2022 | 18.35 |
| Sep 30, 2022 | 37.92 |
| Jun 30, 2022 | 58.83 |
Shift4 Payments EV to FCF 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-fcf&ticker=FOUR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=FOUR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();