Is it safe?
Can FOUR take a bad year?
Shift4 Payments, Inc. carries $4.16B of net debt at 4.52× EBITDA: a heavy load to carry through a bad year.
$4.16B
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.52×
Net debt / EBITDA · 1.15× a year ago · the load is going up
- Altman Z-score
- 1.04
Altman Z-score · distress zone, below 1.8
- Interest cover
- 1.54×
Interest cover · operating profit barely covers the interest bill
Details›
- Total debtQ2 2026
- $4.51B
- Cash and short-term investments
- $356M
- Net debt
- $4.16B
- EBITDA, trailing twelve months
- $920M
- Operating profit, trailing twelve months
- $388M
- Debt / equity
- 2.79×
- Total debt / EBITDA
- 4.90×
- Annualised volatilitytwo years of daily moves
- 58%
- Worst drawdown on file
- −72%
- Below its 52-week high
- −49%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Infrastructure
Ranks #54 of 78 by Smart Score