Shift4 Payments, Inc.

FOUR Technology Software Infrastructure

Shift4 Payments, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 25.5% from fiscal 2024.

Revenue
+34.1%
EPS
−77.1%
Free cash flow
−109.1%
Total debt
+20.9%

Quarter to June 2026, against a year earlier

43.21 1.72 +4.15%
Market cap
$3.3B
P/E
66.3×
Fwd P/E
28.3×
Dividend yield
—
F-score
5/9
Altman Z
1.04
Beneish M
−1.88
Dividend safety
n/a

Shift4 Payments, Inc. (FOUR) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Shift4 Payments, Inc. (FOUR) trades at a EV/EBITDA of 7.9×. Over the past ten years it has ranged from 0.0× (June 2021) to 276× (August 2020); the current reading is higher than 7% of that period. That is below the Software Infrastructure industry median of 15.0× and below the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 9.7× (37.69%)
FY2024 15.6× (0.18%)
FY2023 15.7× 0.92%
FY2022 15.5× (74.31%)
FY2021 60.5× (44.31%)
FY2020 109× 751.73%
FY2019 12.7× 0.00%
FY2018 12.7× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 8.5× 3.30%
Mar 2026 8.2× (15.46%)
Dec 2025 9.7× (19.23%)
Sep 2025 12.1× 1.23%
25 more quarters

Against its own ten years

Low 0.0× High 276×
Ten-year median 15.8×
Current reading's percentile 7

EV/EBITDA against peers

Company EV/EBITDA
TCGL TechCreate Group Ltd. compare n/m
BLSH Bullish compare n/m
WIX Wix.com Ltd. compare n/m
FOUR Shift4 Payments, Inc. 7.9×
DLO DLocal Limited compare 11.2×
TDC Teradata Corporation compare 12.8×
CLBT Cellebrite DI Ltd. compare 33.9×
AVPT AvePoint, Inc. compare 58.6×
APPN Appian Corporation compare 179×
Software Infrastructure industry median 15.0×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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