Companies: 10,795·Total market cap: $144.5T
Shift4 Payments, Inc.

Shift4 Payments, Inc.

FOURNYSETechnology● Active
$38.06
$-1.23(-3.13%)
Market Cap$3.5B
P/E Ratio—
52W High$108.5
52W Low$37.01
Overview

Shift4 Payments, Inc. (FOUR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

FOUR · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $499.0M for FY2025 (fiscal year ending 2025-12-31), up 60.7% year-over-year The FCF margin was 11.9%.

FY2025 Free Cash Flow$499.0M▲ +60.7% YoY
Trailing 12M (TTM)$648.5Mtrailing 4 quarters sum
FCF Margin11.9%$499.0M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
four free cash flow history · four free cash flow chart · four free cash flow growth rate · four free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$499.0M▲ +60.7%11.9%
FY2024$310.6M▲ +23.9%9.3%
FY2023$250.7M▲ +339.7%9.8%
FY2022−$104.6M▼ 85.8%-5.3%
FY2021−$56.3M▼ 492.6%-4.1%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
four free cash flow 2025 · four free cash flow 2024 · four free cash flow 2023 · four operating cash flow

FCF valuation metrics

Shift4 Payments, Inc. (FOUR) trades at a FCF yield of 18.71% and a price-to-free-cash-flow ratio of 4.0x. FCF per share stands at $9.53, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
18.71%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$9.53
TTM FCF ÷ Shares Outstanding
Price / FCF
x4.0
Share Price ÷ FCF per Share
EV / FCF (TTM)
x11.7
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
four price to free cash flow · four free cash flow yield · four free cash flow per share · four price to cash flow ratio

Cash flow statement summary

For FY2025, Shift4 Payments, Inc. generated $634.0M in operating cash flow and spent 135M in capital expenditures, yielding $499.0M in free cash flow.

Operating Activities
+$634.0M
Cash from core business operations
2025-12-31
Investing Activities
−$3.00B
CapEx, acquisitions & investments
2025-12-31
Financing Activities
+$2.06B
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($634.0M) − |CapEx| (135M) = FCF ($499.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
four cash flow statement · four cash flow statement 2025 · four operating cash flow · four cash flow from operations

Free cash flow vs peers (Technology)

#CompanyFree Cash FlowYoY
#1
Shift4 Payments, Inc.
Shift4 Payments, Inc.YOU
FOUR
$499.0M+60.7%
#2
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited
TSM
$1.10T+26.1%#3
Apple Inc.
Apple Inc.
AAPL
$98.77B-9.2%#4
NVIDIA Corporation
NVIDIA Corporation
NVDA
$96.68B+58.9%#5
Microsoft Corporation
Microsoft Corporation
MSFT
$71.61B-3.3%#6
Broadcom Inc.
Broadcom Inc.
AVGO
$26.91B+38.6%
Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Shift4 Payments, Inc. (FOUR) reported free cash flow of $499.0M for FY2025 (fiscal year ending 2025-12-31), up 60.7% year-over-year. The FCF margin was 11.9%.

Based on available data, Shift4 Payments, Inc. has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $499.0M in FY2025.

Shift4 Payments, Inc.'s FCF yield is 18.71% and price-to-FCF ratio is 4.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

FOUR free cash flow · 8 questions

Shift4 Payments, Inc. free cash flow was $499.0M for FY2025, up 60.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $648.5M.

FOUR free cash flowFOUR FCFFOUR FCF 2025FOUR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Shift4 Payments, Inc. · Shift4 Payments, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026