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What this page is: Delvantic's full research page for Shift4 Payments, Inc. (FOUR) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.
Page map (sections in order; each card carries a stable
reference-name attribute you can cite):
profile-header/price-overview— company profile, live quote, market capextended-analysis— the core: three AI lens reads with findings, scores, and the analyst memofuture-predictions— our forward price-band predictionsmarket-narrative/ai-findings/gpt-critique— narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)- Members-only sections (render as login gates for anonymous readers):
price-history,income-trend,key-metrics,financials(statement tables),insider-trading. The analysis above is public; the raw data tables require a free account.
More for machine readers: site briefing at
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any ticker resolves at delvantic.com/stock/TICKER ·
raw inputs are public-company filings and market data (via licensed data feeds);
every model, score, lens read, and prediction on this page is Delvantic's own analysis.
Technology · Software - Infrastructure
Center Valley, PA 18034, United States
shift4.com
Price
$43.20
Market Cap
$3.4B
Employees
6,300
Beta
1.41
Avg Volume
1,461,430
CEO
Mr. David Taylor Lauber
Shift4 Payments, Inc. is a financial technology company that provides integrated payment processing and commerce software for businesses in the United States and internationally. The company’s platform combines payment acceptance, merchant acquiring, gateway services, point-of-sale tools, e-commerce enablement, and reporting and analytics to support transactions across in-store, online, mobile, and tablet channels. Shift4 serves a broad range of industries, with particular strength in hospitality, restaurants, retail, lodging, gaming, sports and entertainment, and e-commerce. Its offerings also include value-added services such as security and risk management, mobile ordering, contactless payments, and software integrations that help merchants manage checkout and operations within a single ecosystem. Headquartered in Center Valley, Pennsylvania, Shift4 Payments, Inc. plays a significant role in commerce technology by connecting software providers and merchants through a unified payments platform.
Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 10 No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was Aug 6, 2026.
EPS surprise history — vs analyst consensus · 5 prints of vendor history
+16.1%
Jan '26
+0.0%
Feb '26
+1.0%
May '26
+8.4%
Jul '26
+6.5%
Aug '26
| Print date | EPS est. | EPS actual | Revenue est. | Revenue actual |
|---|---|---|---|---|
| Aug 6, 2026 | $1.24 | $1.32 +6.5% | — | — |
| Jul 24, 2026 | $1.55 | $1.68 +8.4% | — | — |
| May 7, 2026 | $0.96 | $0.97 +1.0% | — | — |
| Feb 26, 2026 | $1.60 | $1.60 +0.0% | — | — |
| Jan 23, 2026 | $1.61 | $1.87 +16.1% | — | — |
Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.
Recent SEC Filings
| Filed | Form | Document |
|---|---|---|
| Aug 7, 2026 | 4 | View |
| Aug 6, 2026 | S-8 | View |
| Aug 6, 2026 | 10-Q | View |
| Aug 6, 2026 | 8-K | View |
| Jul 30, 2026 | SCHEDULE 13G/A | View |
| Jul 17, 2026 | SCHEDULE 13G/A | View |
| Jul 13, 2026 | 8-K | View |
| Jun 17, 2026 | 4 | View |
| Jun 17, 2026 | 4 | View |
| Jun 17, 2026 | 4 | View |
| Jun 17, 2026 | 4 | View |
| Jun 17, 2026 | 4 | View |
Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.
Price Overview
Last updated: Aug 11, 2026 10:37am (just now)
Current data · timestamped when a report runs
$42.73
Change · Aug 11
-0.43 (-1.00%)
Day Range
$42.52 – $43.57
52-Week Range
$34.56 – $92.79
50-Day MA
$46.30
200-Day MA
$53.92
Volume
7,682.00
Share Structure
Outstanding
78,959,327.00
Float
43,103,107.00
Free Float
54.6%
Normal free float
— 54.6% of shares trade freely, ~45.4% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
TD Twelve Data statement
HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEXStock Price / EPS (Diluted)
0.48
Stock Price: $43.20
EPS (Diluted): 89.23
EPS (Diluted): 89.23
P/B Ratio (Price vs net asset value)
HEXStock Price / Book Value Per Share
0.03
Stock Price: $43.20
Total Equity: $1.96B
Shares: 1,333,686
Total Equity: $1.96B
Shares: 1,333,686
EV/EBITDA (Total value vs operating profit)
HEXEnterprise Value / EBITDA
8.93
Market Cap: $3.41B
Total Debt: $4.55B
Cash: $964.00M
EBITDA: $783.00M
Total Debt: $4.55B
Cash: $964.00M
EBITDA: $783.00M
Enterprise Value (Takeover price (cap + debt - cash))
HEXMarket Cap + Total Debt - Cash
$7.0B
Market Cap: $3.41B
Total Debt: $4.55B
Cash: $964.00M
Total Debt: $4.55B
Cash: $964.00M
Gross Margin (Revenue left after direct costs)
HEXGross Profit / Revenue
34.2%
Gross Profit: $1.43B
Revenue: $4.18B
Revenue: $4.18B
Operating Margin (Revenue left after all operations)
HEXOperating Income / Revenue
8.4%
Operating Income: $351.00M
Revenue: $4.18B
Revenue: $4.18B
Net Margin (Revenue left as actual profit)
HEXNet Income / Revenue
2.8%
Net Income: $119.00M
Revenue: $4.18B
Revenue: $4.18B
ROE (Profit from shareholder equity)
HEXNet Income / Total Equity
6.1%
Net Income: $119.00M
Total Equity: $1.96B
Total Equity: $1.96B
ROIC (Profit from all invested capital)
HEXNOPAT / Invested Capital
4.8%
Operating Income: $351.00M
Tax Rate: 24.6%
Equity: $1.96B
Total Debt: $4.55B
Cash: $964.00M
Tax Rate: 24.6%
Equity: $1.96B
Total Debt: $4.55B
Cash: $964.00M
Current Ratio (Can it pay short-term bills)
HEXCurrent Assets / Current Liabilities
1.66
Current Assets: $2.18B
Current Liabilities: $1.31B
Current Liabilities: $1.31B
Debt/Equity (Leverage — debt vs equity)
HEXTotal Debt / Total Equity
2.32
Short-Term Debt: $10.00M
Long-Term Debt: $4.54B
Total Debt: $4.55B
Total Equity: $1.96B
Long-Term Debt: $4.54B
Total Debt: $4.55B
Total Equity: $1.96B
Rev/Share (Top-line per share)
HEXRevenue / Shares Outstanding
$3,134.17
Revenue: $4.18B
Shares: 1,333,686
Shares: 1,333,686
Book Value/Share (Net assets per share)
HEX(Total Assets - Total Liabilities) / Shares
$1,467.36
Total Equity: $1.96B
Shares: 1,333,686
Shares: 1,333,686
FCF/Share (Real cash generated per share)
HEX(Operating Cash Flow + CapEx) / Shares
$467.88
Operating CF: $634.00M
CapEx: -$10.00M
Shares: 1,333,686
CapEx: -$10.00M
Shares: 1,333,686
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
TDLast Annual Dividend / Stock Price
—
Last Dividend: $0.00
Stock Price: $43.20
Stock Price: $43.20
Payout Ratio (Earnings paid out as dividends)
HEXDividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $119.00M
Net Income: $119.00M
Dividends paid not available in cash flow statement
Income Statement (Annual)
Last updated: Aug 6, 2026 8:18am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.4B | $2.0B | $2.6B | $3.3B | $4.2B |
| Cost of Revenue | $1.1B | $1.5B | $1.9B | $2.4B | $2.8B |
| Gross Profit | $278.4M | $470.2M | $687.8M | $973.1M | $1.4B |
| Operating Expenses | $327.6M | $375.5M | $573.0M | $726.1M | $1.1B |
| Operating Income | -$49.2M | $94.7M | $114.8M | $247.0M | $351.0M |
| Net Income | -$48.2M | $75.1M | $86.2M | $229.6M | $119.0M |
| EBITDA | $55.2M | $243.8M | $329.4M | $543.6M | $783.0M |
| EPS | — | $19.43 | $44.39 | $137.58 | $89.23 |
| EPS (Diluted) | — | $19.43 | $44.39 | $137.58 | $89.23 |
Balance Sheet (Annual)
Last updated: Aug 6, 2026 8:18am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1.2B | $776.5M | $455.0M | $1.2B | $964.0M |
| Total Current Assets | $1.5B | $991.7M | $1.2B | $1.9B | $2.2B |
| Total Assets | $2.3B | $2.6B | $3.4B | $5.0B | $8.7B |
| Current Liabilities | $183.8M | $268.3M | $704.4M | $1.4B | $1.3B |
| Long-Term Debt | $1.7B | $1.7B | $1.8B | $2.2B | $4.5B |
| Total Liabilities | $1.9B | $2.1B | $2.5B | $4.0B | $6.8B |
| Total Equity | $399.7M | $480.6M | $868.4M | $1.0B | $2.0B |
| Retained Earnings | -$325.3M | -$363.6M | -$346.7M | -$228.2M | -$467.0M |
Cash Flow (Annual)
Last updated: Aug 6, 2026 8:18am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $3.0M | $275.4M | $388.3M | $500.3M | $634.0M |
| Capital Expenditure | -$8.2M | -$8.0M | -$13.7M | -$7.1M | -$10.0M |
| Free Cash Flow | -$5.2M | $267.4M | $374.6M | $493.2M | $624.0M |
| Acquisitions (net) | -$54.5M | -$135.3M | -$169.7M | -$554.6M | -$2.7B |
| Net Debt Issued / (Repaid) | $632.5M | $0 | $0 | $1.1B | $2.8B |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$19.5M | -$185.9M | -$105.4M | -$145.9M | -$453.0M |
| Net Change in Cash | $303.7M | -$455.0M | -$54.7M | $716.8M | -$254.0M |
Growth Trends (YoY %)
Last updated: Aug 6, 2026 8:18am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +45.8% | +28.7% | +29.9% | +25.5% |
| Gross Profit Growth | +68.9% | +46.3% | +41.5% | +46.7% |
| Operating Income Growth | +292.5% | +21.2% | +115.2% | +42.1% |
| Net Income Growth | +255.8% | +14.8% | +166.4% | -48.2% |
| EBITDA Growth | +341.7% | +35.1% | +65.0% | +44.0% |
Industry Benchmarks
Compares FOUR against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for FOUR — it's generated by the pipeline (
market-narrative step).
Claude Reading
No AI findings yet for FOUR — they're generated by the
pipeline (
ai-findings step) when a report is run on this ticker.
GPT Reading
No GPT reading yet for FOUR — it's generated by the
pipeline (
gpt-critique step) after the other Big-3 seats, when a
report is run on this ticker.
Grok Reading
No Grok reading yet for FOUR — it's generated by the
pipeline (
grok-critique step) alongside the other Big-3 seats, when a
report is run on this ticker.
Advanced Analysis Forensic deep-dive · four lenses
No community reviews yet for FOUR.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
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Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.525 · a5aac093 · 2026-08-10 20:52:14