Euronet Worldwide (EEFT) Financials

$94.01 +0.10 (+0.11%)

Closing price 04:00 PM Eastern

Extended Trading

$93.99 -0.02 (-0.02%)

As of 06:33 PM Eastern

Annual Income Statements for Euronet Worldwide

This table shows Euronet Worldwide's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	99	174	157	233	347	-3.40	71	231	280	306
Consolidated Net Income / (Loss)	98	174	157	232	347	-3.30	71	231	280	306
Net Income / (Loss) Continuing Operations	98	174	157	232	347	-3.30	71	231	280	306
Total Pre-Tax Income	141	233	256	295	434	8.17	136	323	400	449
Total Operating Income	205	250	266	358	475	47	184	385	433	503
Total Gross Profit	431	496	585	2,176	2,355	2,079	2,511	2,825	3,085	3,340
Total Revenue	1,772	1,959	2,252	2,537	2,750	2,483	2,996	3,359	3,688	3,990
Operating Revenue	1,772	1,959	2,252	2,537	2,750	2,483	2,996	3,359	3,688	3,990
Total Cost of Revenue	1,341	1,463	1,667	360	395	404	485	534	603	650
Operating Cost of Revenue	1,341	1,463	1,667	360	395	404	485	534	603	650
Total Operating Expenses	226	246	319	1,818	1,880	2,032	2,327	2,439	2,653	2,836
Selling, General & Admin Expense	156	165	190	1,705	1,768	1,798	2,152	2,303	2,520	2,705
Depreciation Expense	70	81	95	106	112	127	136	136	133	132
Total Other Income / (Expense), net	-64	-17	-9.66	-63	-41	-38	-48	-63	-32	-54
Interest Expense	25	28	33	38	36	37	38	38	56	81
Interest & Investment Income	2.17	1.70	2.49	1.20	1.97	1.04	0.70	2.00	15	24
Other Income / (Expense), net	-41	9.76	20	-27	-7.12	-2.89	-11	-27	8.20	2.40
Income Tax Expense	43	59	99	63	87	11	65	92	121	143
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.32	-0.32	0.10	-0.72	-0.05	0.10	-0.20	-0.30	-0.20	0.30
Basic Earnings per Share	$1.89	$3.34	$2.99	$4.52	$6.49	($0.06)	$1.34	$4.60	$5.77	$6.82
Weighted Average Basic Shares Outstanding	52.27M	52.28M	52.52M	51.49M	53.45M	52.66M	52.59M	50.18M	48.48M	44.90M
Diluted Earnings per Share	$1.83	$3.23	$2.85	$4.26	$6.31	($0.06)	$1.32	$4.41	$5.50	$6.45
Weighted Average Diluted Shares Outstanding	54.08M	54.00M	55.12M	54.63M	54.91M	52.66M	53.53M	53.46M	51.60M	48.08M
Weighted Average Basic & Diluted Shares Outstanding	52.30M	52.20M	52.50M	51.50M	53.52M	52,752.85T	51.16M	49.83M	45.78M	43.74M

This table shows Euronet Worldwide's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	98	68	20	86	104	69	26	83	152	45	38
Consolidated Net Income / (Loss)	98	68	20	86	104	70	26	83	152	45	38
Net Income / (Loss) Continuing Operations	98	68	20	86	104	70	26	83	152	45	38
Total Pre-Tax Income	142	78	37	118	147	98	42	122	208	76	46
Total Operating Income	169	79	46	123	167	97	64	134	182	123	75
Total Gross Profit	797	724	645	790	850	800	702	828	930	879	751
Total Revenue	931	866	787	939	1,004	958	857	986	1,099	1,047	916
Operating Revenue	931	866	787	939	1,004	958	857	986	1,099	1,047	916
Total Cost of Revenue	134	142	142	149	154	158	155	158	170	168	164
Operating Cost of Revenue	134	142	142	149	154	158	155	158	170	168	164
Total Operating Expenses	763	511	600	667	683	702	638	694	748	757	676
Selling, General & Admin Expense	596	611	567	633	651	669	606	660	715	724	644
Depreciation Expense	33	34	33	34	33	34	33	34	33	33	32
Total Other Income / (Expense), net	-27	-1.30	-8.60	-4.30	-20	0.50	-22	-12	26	-47	-30
Interest Expense	12	11	10	14	15	17	15	20	24	21	19
Interest & Investment Income	0.60	1.10	2.60	3.50	4.00	5.10	5.70	5.90	6.50	5.70	5.30
Other Income / (Expense), net	-16	8.50	-1.10	6.20	-8.80	12	-13	2.30	44	-31	-16
Income Tax Expense	44	10	17	32	43	28	16	39	57	31	7.10
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.20	0.10	-0.30	-0.10	0.00	0.20	0.00	0.10	0.10	0.10	0.00
Basic Earnings per Share	$1.97	$1.34	$0.40	$1.73	$2.15	$1.49	$0.57	$1.83	$3.41	$1.01	$0.88
Weighted Average Basic Shares Outstanding	49.58M	50.18M	49.81M	49.64M	48.41M	48.48M	45.82M	45.43M	44.42M	44.90M	43.68M
Diluted Earnings per Share	$1.87	$1.30	$0.39	$1.65	$2.05	$1.41	$0.55	$1.73	$3.21	$0.96	$0.85
Weighted Average Diluted Shares Outstanding	52.75M	53.46M	52.97M	52.87M	51.47M	51.60M	48.96M	48.70M	47.55M	48.08M	46.24M
Weighted Average Basic & Diluted Shares Outstanding	49.59M	49.83M	49.63M	49.66M	46.12M	45.78M	45.87M	44.91M	43.93M	43.74M	43.24M

This table details how cash moves in and out of Euronet Worldwide's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-10	335	23	230	672	282	-13	-95	256	241
Net Cash From Operating Activities	215	392	286	397	504	254	406	748	643	733
Net Cash From Continuing Operating Activities	215	392	286	397	485	254	406	748	643	733
Net Income / (Loss) Continuing Operations	98	174	157	232	347	-3.30	71	231	280	306
Consolidated Net Income / (Loss)	98	174	157	232	347	-3.30	71	231	280	306
Depreciation Expense	70	81	95	106	112	127	136	136	133	132
Amortization Expense	12	13	14	14	17	19	20	3.70	4.00	4.10
Non-Cash Adjustments To Reconcile Net Income	54	5.73	29	51	8.91	132	47	72	46	63
Changes in Operating Assets and Liabilities, net	-20	118	-8.52	-5.63	0.39	-21	133	306	181	228
Net Cash From Investing Activities	-194	-136	-102	-132	-229	-106	-98	-454	-158	-223
Net Cash From Continuing Investing Activities	-194	-136	-102	-132	-229	-106	-98	-454	-158	-223
Purchase of Property, Plant & Equipment	-81	-94	-103	-121	-139	-105	-100	-112	-104	-132
Acquisitions	-114	-56	0.00	-13	-94	-1.10	0.00	-343	-1.30	-92
Other Investing Activities, net	1.00	1.29	1.42	1.58	3.72	0.97	1.90	1.20	-53	0.10
Net Cash From Financing Activities	-1.19	80	-161	2.02	416	35	-212	-1.20	-143	-136
Net Cash From Continuing Financing Activities	-1.19	80	-161	2.02	416	35	-212	-1.20	-143	-136
Repayment of Debt	-1,329	-2,506	-2,580	-5,621	-3,185	-2,855	-5,067	-7,739	-7,698	-7,993
Repurchase of Common Equity	-6.08	-77	-3.07	-178	-74	-242	-230	-176	-378	-269
Issuance of Debt	1,323	2,656	2,411	5,783	3,661	3,114	5,074	7,905	7,926	8,108
Issuance of Common Equity	11	6.29	11	19	15	18	11	9.10	7.80	17
Effect of Exchange Rate Changes	-30	-	-	-37	-	99	-110	-389	-86	-133
Cash Interest Paid	12	14	20	24	13	17	19	29	53	78
Cash Income Taxes Paid	55	43	49	84	74	60	49	86	95	109

This table details how cash moves in and out of Euronet Worldwide's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-297	112	-53	-118	223	204	-33	341	387	-454	201
Net Cash From Operating Activities	268	300	3.30	217	287	136	30	182	440	80	1.70
Net Cash From Continuing Operating Activities	268	300	3.30	217	287	136	30	182	440	80	1.70
Net Income / (Loss) Continuing Operations	98	68	20	86	104	70	26	83	152	45	38
Consolidated Net Income / (Loss)	98	68	20	86	104	70	26	83	152	45	38
Depreciation Expense	33	34	33	34	33	34	33	34	33	33	32
Amortization Expense	-	1.30	1.00	1.00	1.00	1.00	1.00	1.00	1.20	0.90	1.00
Non-Cash Adjustments To Reconcile Net Income	26	6.00	15	6.20	22	2.60	25	8.70	-17	46	29
Changes in Operating Assets and Liabilities, net	111	190	-66	90	128	29	-55	56	271	-45	-99
Net Cash From Investing Activities	-29	-38	-18	-27	-29	-83	-97	-58	-30	-38	-55
Net Cash From Continuing Investing Activities	-29	-38	-18	-27	-29	-83	-97	-58	-30	-38	-55
Purchase of Property, Plant & Equipment	-28	-27	-20	-26	-30	-28	-27	-37	-30	-38	-27
Acquisitions	-1.40	-12	0.20	-	-	-1.50	-69	-21	-0.50	-0.30	-0.10
Other Investing Activities, net	0.50	0.70	2.00	-1.90	0.50	-53	-0.30	-0.30	0.10	0.60	-28
Net Cash From Financing Activities	-318	-175	-4.40	109	-313	65	81	223	-119	-321	163
Net Cash From Continuing Financing Activities	-318	-175	-4.40	-341	137	65	81	223	-119	-321	163
Repayment of Debt	-2,193	-2,159	-1,745	-1,977	-2,458	-1,518	-1,951	-2,181	-1,856	-2,005	-2,541
Repurchase of Common Equity	-	-0.70	-29	-0.10	-296	-53	-2.10	-114	-101	-51	-63
Issuance of Debt	1,875	1,981	1,768	1,635	2,891	1,632	2,033	2,517	1,837	1,722	2,766
Issuance of Common Equity	0.70	4.70	1.00	1.40	0.70	4.70	1.40	1.90	1.20	13	1.70
Other Net Changes in Cash	-	-	-	-	-	-	-	-	-	-	92
Cash Interest Paid	5.80	7.40	5.70	24	9.50	14	9.40	20	26	23	17
Cash Income Taxes Paid	19	21	13	23	26	33	20	32	22	35	18

This table presents Euronet Worldwide's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	2,193	2,713	3,140	3,321	4,658	4,927	4,744	5,404	5,894	5,835
Total Current Assets	1,131	1,585	534	2,088	2,919	3,366	3,308	3,727	4,163	4,037
Cash & Equivalents	458	734	280	385	786	1,831	1,804	1,647	1,779	1,279
Restricted Cash	45	78	-	77	34	3.33	3.69	7.40	15	9.20
Accounts Receivable	423	503	-	203	202	118	203	271	371	285
Prepaid Expenses	133	192	-	158	218	273	195	359	316	297
Other Current Assets	-	-	254	1,907	1,679	1,141	1,102	1,443	1,682	2,167
Plant, Property, & Equipment, net	157	202	268	292	360	378	345	337	332	330
Total Noncurrent Assets	904	926	917	1,261	1,379	1,182	1,090	1,340	1,400	1,468
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	0.00	60	61
Goodwill	685	690	717	704	744	666	642	828	848	859
Intangible Assets	168	165	151	114	142	122	98	188	168	189
Other Noncurrent Operating Assets	51	71	49	442	493	395	351	324	325	359
Total Liabilities & Shareholders' Equity	2,193	2,713	0.00	3,321	4,658	4,927	4,744	5,404	5,894	5,835
Total Liabilities	1,367	1,812	0.00	2,088	3,078	3,481	3,489	4,159	4,645	4,605
Total Current Liabilities	904	1,179	0.00	1,378	1,634	1,855	1,853	2,354	2,701	3,226
Short-Term Debt	14	35	-	38	6.09	53	53	50	201	813
Accounts Payable	456	457	-	73	82	148	194	222	241	224
Accrued Expenses	383	615	-	253	295	404	368	506	439	476
Current Deferred Revenue	36	44	-	59	59	73	77	65	57	56
Current Deferred & Payable Income Tax Liabilities	15	28	-	40	53	36	59	68	82	86
Other Current Liabilities	-	-	-	915	1,140	1,141	1,102	1,443	1,682	1,571
Total Noncurrent Liabilities	463	633	0.00	710	1,444	1,625	1,636	1,805	1,944	1,379
Long-Term Debt	405	562	-	590	1,091	1,438	1,420	1,609	1,715	1,134
Capital Lease Obligations	4.15	6.97	-	-	242	107	111	103	96	87
Noncurrent Deferred & Payable Income Tax Liabilities	34	44	-	57	56	38	47	28	47	72
Other Noncurrent Operating Liabilities	19	21	-	63	55	43	58	65	86	86
Total Equity & Noncontrolling Interests	826	901	1,199	1,233	1,579	1,446	1,256	1,244	1,250	1,229
Total Preferred & Common Equity	825	900	0.00	1,233	1,579	1,446	1,255	1,245	1,250	1,229
Preferred Stock	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	825	900	0.00	1,233	1,579	1,446	1,255	1,245	1,250	1,229
Common Stock	1,024	1,047	-	1,105	1,191	1,230	1,275	1,253	1,313	1,371
Retained Earnings	104	279	-	670	1,017	1,013	1,084	1,348	1,628	1,934
Treasury Stock	-139	-215	-	-392	-464	-703	-931	-1,106	-1,488	-1,755
Accumulated Other Comprehensive Income / (Loss)	-166	-211	-	-151	-165	-94	-173	-251	-203	-322
Noncontrolling Interest	1.37	1.01	-	0.17	0.07	0.28	0.04	-0.20	-0.20	0.50

This table presents Euronet Worldwide's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	4,828	5,011	5,221	5,163	5,694	6,061	6,289	6,054
Total Current Assets	3,246	3,342	3,545	3,536	3,928	4,267	4,386	4,174
Cash & Equivalents	1,613	1,066	1,138	1,678	1,836	1,272	2,330	2,094
Restricted Cash	8.40	13	14	14	16	24	19	11
Accounts Receivable	225	205	243	301	408	428	273	331
Prepaid Expenses	364	346	305	302	255	269	303	320
Other Current Assets	1,035	1,713	1,845	1,242	1,414	2,274	1,461	1,419
Plant, Property, & Equipment, net	318	333	336	328	325	331	340	337
Total Noncurrent Assets	1,264	1,337	1,340	1,299	1,441	1,463	1,563	1,542
Noncurrent Note & Lease Receivables	-	-	-	-	61	61	61	87
Goodwill	765	834	838	818	849	878	913	882
Intangible Assets	180	183	177	167	209	201	206	189
Other Noncurrent Operating Assets	319	319	325	313	323	324	383	385
Total Liabilities & Shareholders' Equity	4,828	5,011	5,221	5,163	5,694	6,061	6,289	6,054
Total Liabilities	3,801	3,739	3,839	4,021	4,450	4,847	4,927	4,752
Total Current Liabilities	2,170	1,905	2,337	2,569	2,957	3,572	3,471	2,608
Short-Term Debt	304	0.10	450	450	675	1,234	1,080	294
Accounts Payable	170	176	190	207	280	268	266	249
Accrued Expenses	495	463	435	469	402	403	460	439
Current Deferred Revenue	59	64	60	55	58	56	58	56
Current Deferred & Payable Income Tax Liabilities	63	69	83	97	78	81	96	101
Other Current Liabilities	1,080	1,134	1,119	1,291	1,464	1,529	1,512	1,469
Total Noncurrent Liabilities	1,630	1,833	1,502	1,452	1,493	1,276	1,456	2,143
Long-Term Debt	1,428	1,643	1,307	1,263	1,259	1,033	1,196	1,906
Capital Lease Obligations	95	97	99	95	98	97	95	98
Noncurrent Deferred & Payable Income Tax Liabilities	38	31	31	29	51	63	78	57
Other Noncurrent Operating Liabilities	69	63	65	65	86	83	87	82
Total Equity & Noncontrolling Interests	1,027	1,272	1,382	1,142	1,244	1,214	1,362	1,302
Total Preferred & Common Equity	1,028	1,273	1,382	1,143	1,244	1,214	1,362	1,302
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,028	1,273	1,382	1,143	1,244	1,214	1,362	1,302
Common Stock	1,235	1,268	1,282	1,295	1,326	1,338	1,350	1,383
Retained Earnings	1,281	1,368	1,455	1,559	1,654	1,737	1,889	1,972
Treasury Stock	-1,106	-1,134	-1,134	-1,430	-1,488	-1,604	-1,706	-1,817
Accumulated Other Comprehensive Income / (Loss)	-382	-230	-220	-281	-248	-258	-172	-237
Noncontrolling Interest	-0.53	-0.40	-0.50	-0.60	-0.20	-0.10	0.30	-0.50

This table displays calculated financial ratios and metrics derived from Euronet Worldwide's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	6.50%	10.52%	15.00%	12.62%	8.42%	-9.72%	20.65%	12.13%	9.80%	8.18%
EBITDA Growth	8.97%	43.52%	11.90%	14.30%	32.23%	-68.22%	73.56%	51.18%	16.07%	11.04%
EBIT Growth	8.23%	58.50%	10.36%	15.67%	41.29%	-90.66%	296.02%	106.76%	23.09%	14.70%
NOPAT Growth	25.60%	30.58%	-12.78%	72.99%	34.81%	-104.96%	607.45%	188.10%	9.57%	13.70%
Net Income Growth	-2.95%	76.76%	-9.86%	47.91%	49.35%	-100.95%	2,233.78%	227.23%	21.15%	9.59%
EPS Growth	-3.17%	76.50%	-11.76%	49.47%	48.12%	-100.95%	2,300.00%	234.09%	24.72%	17.27%
Operating Cash Flow Growth	-8.50%	82.06%	-26.88%	38.76%	27.00%	-49.75%	60.27%	84.17%	-14.06%	13.95%
Free Cash Flow Firm Growth	-90.31%	4,073.24%	-342.34%	-9.42%	200.44%	35.67%	-68.77%	-116.31%	522.50%	-188.30%
Invested Capital Growth	22.51%	-7.26%	107.82%	63.96%	-11.10%	-42.39%	-14.58%	30.99%	8.47%	34.69%
Revenue Q/Q Growth	0.49%	2.58%	3.91%	1.80%	1.64%	0.52%	3.63%	1.64%	2.56%	2.30%
EBITDA Q/Q Growth	0.53%	1.60%	-1.32%	6.46%	8.03%	-16.84%	-8.97%	11.84%	3.74%	-2.86%
EBIT Q/Q Growth	0.47%	0.54%	-2.98%	8.34%	9.86%	-49.98%	-16.46%	19.11%	5.18%	-3.40%
NOPAT Q/Q Growth	7.16%	-1.70%	-26.76%	55.68%	10.12%	-134.41%	-44.93%	36.72%	-0.22%	2.37%
Net Income Q/Q Growth	3.54%	-2.72%	-24.70%	55.37%	15.56%	-110.05%	-51.08%	44.48%	0.61%	-7.32%
EPS Q/Q Growth	3.39%	-2.42%	-24.80%	51.60%	17.07%	-110.71%	-99.19%	102.81%	2.04%	-6.52%
Operating Cash Flow Q/Q Growth	-11.10%	94.76%	-33.69%	79.61%	-11.34%	-29.68%	20.41%	35.89%	-20.31%	-7.03%
Free Cash Flow Firm Q/Q Growth	-84.09%	73.85%	-386.60%	-883.11%	164.70%	-14.84%	118.57%	-107.31%	-32.34%	-178.97%
Invested Capital Q/Q Growth	7.35%	-7.29%	87.99%	172.81%	116.85%	0.00%	-36.97%	9.70%	16.57%	42.72%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	24.33%	25.31%	25.99%	85.79%	85.65%	83.72%	83.81%	84.10%	83.65%	83.70%
EBITDA Margin	13.88%	18.02%	17.53%	17.80%	21.70%	7.64%	10.99%	14.82%	15.66%	16.08%
Operating Margin	11.56%	12.75%	11.81%	14.11%	17.28%	1.88%	6.14%	11.47%	11.73%	12.61%
EBIT Margin	9.24%	13.25%	12.72%	13.06%	17.02%	1.76%	5.78%	10.66%	11.95%	12.67%
Profit (Net Income) Margin	5.56%	8.89%	6.97%	9.15%	12.61%	-0.13%	2.35%	6.87%	7.58%	7.68%
Tax Burden Percent	69.81%	74.75%	61.22%	78.71%	79.92%	-40.44%	51.99%	71.51%	69.81%	68.23%
Interest Burden Percent	86.17%	89.74%	89.50%	89.02%	92.68%	18.68%	78.29%	90.09%	90.83%	88.79%
Effective Tax Rate	30.19%	25.25%	38.78%	21.29%	20.08%	140.44%	48.01%	28.49%	30.19%	31.77%
Return on Invested Capital (ROIC)	21.09%	25.95%	15.28%	14.83%	17.04%	-1.14%	8.54%	23.12%	21.42%	19.95%
ROIC Less NNEP Spread (ROIC-NNEP)	65.05%	34.73%	-21.94%	7.57%	13.02%	9.91%	19.47%	101.03%	7.60%	12.26%
Return on Net Nonoperating Assets (RNNOA)	-8.45%	-5.78%	-0.33%	4.26%	7.62%	0.92%	-3.32%	-4.66%	0.99%	4.77%
Return on Equity (ROE)	12.64%	20.17%	14.95%	19.09%	24.66%	-0.22%	5.22%	18.46%	22.41%	24.71%
Cash Return on Invested Capital (CROIC)	0.85%	33.48%	-54.78%	-33.63%	28.79%	52.65%	24.27%	-3.72%	13.29%	-9.61%
Operating Return on Assets (OROA)	7.74%	10.58%	9.79%	10.25%	11.73%	0.91%	3.58%	7.06%	7.80%	8.62%
Return on Assets (ROA)	4.66%	7.10%	5.36%	7.19%	8.69%	-0.07%	1.46%	4.55%	4.95%	5.22%
Return on Common Equity (ROCE)	12.61%	20.14%	6.40%	9.67%	24.65%	-0.22%	5.22%	18.46%	22.42%	24.71%
Return on Equity Simple (ROE_SIMPLE)	11.94%	19.35%	0.00%	18.83%	21.95%	-0.23%	5.62%	18.54%	22.36%	24.93%
Net Operating Profit after Tax (NOPAT)	143	187	163	282	380	-19	96	276	302	343
NOPAT Margin	8.07%	9.53%	7.23%	11.11%	13.81%	-0.76%	3.19%	8.21%	8.19%	8.61%
Net Nonoperating Expense Percent (NNEP)	-43.97%	-8.79%	37.22%	7.26%	4.02%	-11.05%	-10.93%	-77.91%	13.83%	7.69%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	9.17%	9.26%	10.52%
Cost of Revenue to Revenue	75.67%	74.69%	74.01%	14.21%	14.35%	16.28%	16.19%	15.90%	16.35%	16.30%
SG&A Expenses to Revenue	8.82%	8.44%	8.45%	67.22%	64.30%	72.43%	71.85%	68.58%	68.32%	67.79%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.78%	12.55%	14.18%	71.68%	68.37%	81.84%	77.67%	72.62%	71.92%	71.09%
Earnings before Interest and Taxes (EBIT)	164	260	286	331	468	44	173	358	441	506
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	246	353	395	451	597	190	329	498	578	642
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.64	4.20	0.00	4.28	5.39	5.24	5.02	3.76	3.75	3.68
Price to Tangible Book Value (P/TBV)	0.00	84.96	0.00	12.75	12.27	11.52	12.21	20.53	19.94	25.02
Price to Revenue (P/Rev)	2.16	1.93	1.97	2.08	3.10	3.05	2.10	1.39	1.27	1.13
Price to Earnings (P/E)	38.71	21.68	28.30	22.67	24.55	0.00	89.09	20.26	16.74	14.76
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.58%	4.61%	3.53%	4.41%	4.07%	0.00%	1.12%	4.94%	5.98%	6.77%
Enterprise Value to Invested Capital (EV/IC)	5.02	5.16	2.89	2.31	4.30	6.08	5.89	3.54	3.34	2.66
Enterprise Value to Revenue (EV/Rev)	2.11	1.82	1.85	2.15	3.28	2.96	2.03	1.43	1.33	1.32
Enterprise Value to EBITDA (EV/EBITDA)	15.24	10.13	10.53	12.06	15.13	38.72	18.46	9.62	8.48	8.21
Enterprise Value to EBIT (EV/EBIT)	22.89	13.77	14.52	16.44	19.29	167.93	35.08	13.37	11.11	10.41
Enterprise Value to NOPAT (EV/NOPAT)	26.21	19.14	25.54	19.33	23.78	0.00	63.51	17.37	16.22	15.33
Enterprise Value to Operating Cash Flow (EV/OCF)	17.43	9.13	14.53	13.71	17.90	28.97	14.95	6.40	7.62	7.18
Enterprise Value to Free Cash Flow (EV/FCFF)	649.10	14.84	0.00	0.00	14.08	8.44	22.34	0.00	26.14	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.51	0.67	0.00	0.51	0.85	1.10	1.26	1.42	1.61	1.66
Long-Term Debt to Equity	0.50	0.63	0.00	0.48	0.84	1.07	1.22	1.38	1.45	0.99
Financial Leverage	-0.13	-0.17	0.02	0.56	0.59	0.09	-0.17	-0.05	0.13	0.39
Leverage Ratio	2.71	2.84	2.79	2.66	2.84	3.17	3.58	4.06	4.53	4.73
Compound Leverage Factor	2.34	2.55	2.49	2.36	2.63	0.59	2.80	3.66	4.11	4.20
Debt to Total Capital	33.90%	40.15%	0.00%	33.74%	45.88%	52.49%	55.79%	58.61%	61.68%	62.34%
Short-Term Debt to Total Capital	1.12%	2.36%	0.00%	2.04%	0.21%	1.75%	1.86%	1.67%	6.15%	24.90%
Long-Term Debt to Total Capital	32.78%	37.79%	0.00%	31.70%	45.67%	50.74%	53.93%	56.94%	55.53%	37.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.11%	0.07%	0.00%	0.01%	0.00%	0.01%	0.00%	-0.01%	-0.01%	0.02%
Common Equity to Total Capital	65.99%	59.78%	0.00%	66.25%	54.12%	47.50%	44.21%	41.40%	38.32%	37.65%
Debt to EBITDA	1.72	1.71	0.00	1.39	2.24	8.42	4.81	3.54	3.48	3.17
Net Debt to EBITDA	-0.32	-0.59	0.00	0.37	0.87	-1.25	-0.68	0.22	0.38	1.16
Long-Term Debt to EBITDA	1.67	1.61	0.00	1.31	2.23	8.14	4.65	3.44	3.14	1.90
Debt to NOPAT	2.96	3.24	0.00	2.23	3.53	-84.73	16.56	6.39	6.66	5.93
Net Debt to NOPAT	-0.55	-1.11	0.00	0.59	1.37	12.59	-2.33	0.39	0.72	2.17
Long-Term Debt to NOPAT	2.86	3.05	0.00	2.09	3.51	-81.91	16.01	6.21	6.00	3.56
Altman Z-Score	2.92	2.61	0.00	3.15	3.22	2.50	2.52	2.17	2.16	2.19
Noncontrolling Interest Sharing Ratio	0.22%	0.14%	57.17%	49.32%	0.01%	0.01%	0.01%	-0.01%	-0.02%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.25	1.34	0.00	1.51	1.79	1.81	1.79	1.58	1.54	1.25
Quick Ratio	0.97	1.05	0.00	0.43	0.60	1.05	1.08	0.81	0.80	0.48
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	5.77	241	-584	-639	642	871	272	-44	187	-165
Operating Cash Flow to CapEx	265.46%	418.36%	277.20%	328.26%	364.09%	240.52%	406.30%	668.13%	621.35%	555.99%
Free Cash Flow to Firm to Interest Expense	0.23	8.50	-17.93	-17.00	17.71	23.78	7.10	-1.18	3.37	-2.06
Operating Cash Flow to Interest Expense	8.67	13.82	8.79	10.57	13.92	6.93	10.61	19.95	11.57	9.10
Operating Cash Flow Less CapEx to Interest Expense	5.40	10.52	5.62	7.35	10.10	4.05	8.00	16.97	9.71	7.47
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.84	0.80	0.77	0.79	0.69	0.52	0.62	0.66	0.65	0.68
Accounts Receivable Turnover	4.44	4.23	0.00	0.00	13.60	15.54	18.69	14.18	11.50	12.17
Inventory Turnover	17.00	19.48	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	12.54	10.90	9.58	9.06	8.44	6.72	8.28	9.85	11.03	12.06
Accounts Payable Turnover	2.97	3.21	0.00	0.00	5.11	3.52	2.84	2.57	2.60	2.80
Days Sales Outstanding (DSO)	82.27	86.31	0.00	0.00	26.84	23.48	19.53	25.74	31.74	29.98
Days Inventory Outstanding (DIO)	21.47	18.74	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	122.77	113.87	0.00	0.00	71.50	103.56	128.39	142.09	140.33	130.52
Cash Conversion Cycle (CCC)	-19.04	-8.82	0.00	0.00	-44.66	-80.08	-108.86	-116.35	-108.59	-100.53
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	747	693	1,439	2,360	2,098	1,209	1,032	1,352	1,467	1,976
Invested Capital Turnover	2.61	2.72	2.11	1.34	1.23	1.50	2.67	2.82	2.62	2.32
Increase / (Decrease) in Invested Capital	137	-54	747	921	-262	-889	-176	320	115	509
Enterprise Value (EV)	3,747	3,574	4,159	5,445	9,031	7,344	6,076	4,788	4,898	5,265
Market Capitalization	3,825	3,781	4,439	5,279	8,513	7,581	6,299	4,681	4,681	4,518
Book Value per Share	$15.61	$17.23	$0.00	$23.91	$29.23	$27.63	$23.75	$25.10	$27.10	$27.97
Tangible Book Value per Share	($0.54)	$0.85	($16.48)	$8.03	$12.84	$12.58	$9.76	$4.60	$5.09	$4.11
Total Capital	1,250	1,505	1,199	1,861	2,918	3,043	2,840	3,007	3,262	3,264
Total Debt	424	604	0.00	628	1,339	1,597	1,584	1,762	2,012	2,035
Total Long-Term Debt	410	569	0.00	590	1,333	1,544	1,531	1,712	1,811	1,222
Net Debt	-79	-208	-280	166	519	-237	-223	108	217	747
Capital Expenditures (CapEx)	81	94	103	121	139	105	100	112	104	132
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-262	-371	254	286	470	-271	-299	-231	-132	335
Debt-free Net Working Capital (DFNWC)	241	441	534	747	1,291	1,564	1,509	1,423	1,663	1,623
Net Working Capital (NWC)	227	406	534	709	1,285	1,510	1,456	1,373	1,462	811
Net Nonoperating Expense (NNE)	44	13	5.92	50	33	-16	25	45	22	37
Net Nonoperating Obligations (NNO)	-79	-208	240	1,127	519	-237	-223	108	217	747
Total Depreciation and Amortization (D&A)	82	93	109	120	129	146	156	140	137	136
Debt-free, Cash-free Net Working Capital to Revenue	-14.77%	-18.93%	11.27%	11.26%	17.11%	-10.91%	-9.98%	-6.88%	-3.58%	8.40%
Debt-free Net Working Capital to Revenue	13.61%	22.53%	23.71%	29.46%	46.94%	62.98%	50.37%	42.37%	45.08%	40.68%
Net Working Capital to Revenue	12.81%	20.72%	23.71%	27.96%	46.72%	60.84%	48.60%	40.87%	39.64%	20.31%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.89	$3.34	$2.99	$4.52	$6.49	($0.06)	($1.34)	$4.60	$5.77	$6.82
Adjusted Weighted Average Basic Shares Outstanding	52.27M	52.28M	52.52M	51.49M	53.45M	52.66M	52.59M	50.18M	48.48M	44.90M
Adjusted Diluted Earnings per Share	$1.83	$3.23	$2.85	$4.26	$6.31	($0.06)	($1.32)	$4.41	$5.50	$6.45
Adjusted Weighted Average Diluted Shares Outstanding	54.08M	54.00M	55.12M	54.63M	54.91M	52.66M	53.53M	53.46M	51.60M	48.08M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	53.07M	52.36M	51.42M	51.87M	53.52M	52,752.85T	51.16M	49.83M	45.78M	43.74M
Normalized Net Operating Profit after Tax (NOPAT)	143	187	184	287	380	107	96	276	302	343
Normalized NOPAT Margin	8.07%	9.53%	8.16%	11.32%	13.81%	4.32%	3.19%	8.21%	8.19%	8.61%
Pre Tax Income Margin	7.96%	11.89%	11.38%	11.63%	15.77%	0.33%	4.53%	9.60%	10.86%	11.25%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.60	9.16	8.79	8.82	12.92	1.19	4.52	9.55	7.93	6.28
NOPAT to Interest Expense	5.76	6.59	5.00	7.50	10.48	-0.52	2.50	7.35	5.43	4.27
EBIT Less CapEx to Interest Expense	3.33	5.86	5.62	5.60	9.09	-1.68	1.91	6.56	6.07	4.64
NOPAT Less CapEx to Interest Expense	2.50	3.29	1.83	4.28	6.66	-3.39	-0.11	4.36	3.57	2.63
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	6.17%	44.43%	1.95%	76.62%	21.48%	-7,309.87%	326.10%	76.29%	135.38%	87.69%

This table displays calculated financial ratios and metrics derived from Euronet Worldwide's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.05%	6.67%	9.56%	11.36%	7.81%	10.63%	8.87%	5.02%	9.49%	9.36%	6.83%
EBITDA Growth	27.62%	74.89%	19.51%	32.28%	3.50%	16.91%	8.55%	4.77%	35.52%	-13.14%	9.05%
EBIT Growth	43.57%	190.49%	41.72%	49.07%	3.60%	24.77%	15.51%	6.06%	42.92%	-16.29%	15.95%
NOPAT Growth	32.71%	1,631.66%	105.96%	20.11%	1.79%	0.31%	62.83%	2.43%	12.12%	5.91%	59.72%
Net Income Growth	32.40%	2,202.33%	141.46%	50.61%	6.76%	2.51%	32.32%	-3.26%	45.49%	-34.82%	46.56%
EPS Growth	36.50%	100.81%	143.75%	52.78%	9.63%	8.46%	41.03%	4.85%	56.59%	-31.91%	54.55%
Operating Cash Flow Growth	104.53%	193.84%	-42.11%	23.94%	7.16%	-54.71%	809.09%	-16.00%	53.31%	-40.83%	-94.33%
Free Cash Flow Firm Growth	133.62%	-246.16%	118.90%	138.96%	-82.25%	81.89%	375.37%	-154.06%	-92.82%	-858.24%	-101.43%
Invested Capital Growth	-24.74%	30.99%	-4.50%	-4.77%	2.08%	8.47%	-26.37%	9.40%	10.00%	34.69%	5.01%
Revenue Q/Q Growth	10.44%	-7.04%	-9.07%	19.30%	6.91%	-4.61%	-10.51%	15.08%	11.47%	-4.73%	-12.58%
EBITDA Q/Q Growth	50.08%	-33.69%	-36.26%	108.55%	17.43%	-25.10%	-40.82%	101.29%	51.90%	-52.00%	-25.70%
EBIT Q/Q Growth	76.74%	-42.63%	-49.20%	189.44%	22.83%	-30.91%	-52.97%	165.76%	65.52%	-59.53%	-34.86%
NOPAT Q/Q Growth	56.52%	-40.65%	-64.60%	265.24%	32.64%	-41.51%	-42.53%	129.75%	45.19%	-44.75%	-13.34%
Net Income Q/Q Growth	70.93%	-30.53%	-70.80%	334.34%	21.16%	-33.30%	-62.30%	217.56%	82.21%	-70.12%	-15.23%
EPS Q/Q Growth	73.15%	-30.48%	-70.00%	323.08%	24.24%	-31.22%	-60.99%	214.55%	85.55%	-70.09%	-11.46%
Operating Cash Flow Q/Q Growth	53.14%	11.79%	-98.90%	6,472.73%	32.41%	-52.75%	-77.89%	507.33%	141.66%	-81.76%	-97.88%
Free Cash Flow Firm Q/Q Growth	204.84%	-148.16%	146.05%	67.56%	-52.24%	-149.13%	205.61%	-119.05%	106.34%	-6,658.89%	98.20%
Invested Capital Q/Q Growth	-43.72%	9.70%	42.97%	7.88%	-39.67%	16.57%	-26.69%	60.28%	-39.33%	42.72%	-24.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	85.57%	83.63%	81.97%	84.09%	84.70%	83.50%	81.95%	83.98%	84.57%	83.97%	82.08%
EBITDA Margin	19.92%	14.21%	9.96%	17.41%	19.12%	15.02%	9.93%	17.37%	23.67%	11.93%	10.14%
Operating Margin	18.09%	9.14%	5.79%	13.06%	16.63%	10.17%	7.47%	13.62%	16.57%	11.72%	8.21%
EBIT Margin	16.40%	10.12%	5.65%	13.72%	15.76%	11.41%	6.00%	13.85%	20.57%	8.74%	6.51%
Profit (Net Income) Margin	10.48%	7.83%	2.52%	9.16%	10.38%	7.26%	3.06%	8.44%	13.79%	4.33%	4.19%
Tax Burden Percent	68.93%	87.15%	53.51%	72.70%	70.79%	70.99%	62.09%	67.97%	72.74%	59.68%	84.40%
Interest Burden Percent	92.73%	88.81%	83.15%	91.85%	93.05%	89.57%	82.10%	89.60%	92.17%	82.95%	76.34%
Effective Tax Rate	31.07%	12.85%	46.49%	27.30%	29.21%	29.01%	37.91%	32.03%	27.26%	40.32%	15.60%
Return on Invested Capital (ROIC)	28.71%	22.43%	5.37%	15.64%	33.99%	18.89%	10.38%	16.13%	35.59%	16.21%	19.23%
ROIC Less NNEP Spread (ROIC-NNEP)	18.17%	24.40%	4.77%	15.31%	25.28%	19.11%	7.16%	15.22%	63.11%	10.41%	5.80%
Return on Net Nonoperating Assets (RNNOA)	2.54%	-1.13%	3.05%	11.95%	3.75%	2.49%	2.40%	10.39%	3.49%	4.05%	0.85%
Return on Equity (ROE)	31.25%	21.31%	8.42%	27.59%	37.74%	21.38%	12.78%	26.52%	39.08%	20.26%	20.08%
Cash Return on Invested Capital (CROIC)	42.27%	-3.72%	19.05%	18.97%	22.23%	13.29%	49.31%	5.67%	15.86%	-9.61%	19.94%
Operating Return on Assets (OROA)	11.59%	6.70%	3.91%	9.28%	11.34%	7.45%	4.21%	9.34%	14.01%	5.94%	4.49%
Return on Assets (ROA)	7.40%	5.18%	1.74%	6.20%	7.47%	4.74%	2.15%	5.69%	9.39%	2.94%	2.89%
Return on Common Equity (ROCE)	31.26%	21.31%	8.42%	27.60%	37.76%	21.38%	12.78%	26.52%	39.08%	20.25%	20.09%
Return on Equity Simple (ROE_SIMPLE)	15.54%	0.00%	19.04%	19.62%	24.31%	0.00%	22.99%	23.33%	24.27%	0.00%	24.46%
Net Operating Profit after Tax (NOPAT)	116	69	24	89	118	69	40	91	133	73	63
NOPAT Margin	12.47%	7.96%	3.10%	9.49%	11.77%	7.22%	4.64%	9.26%	12.06%	6.99%	6.93%
Net Nonoperating Expense Percent (NNEP)	10.54%	-1.97%	0.60%	0.33%	8.71%	-0.22%	3.22%	0.91%	-27.52%	5.80%	13.43%
Return On Investment Capital (ROIC_SIMPLE)	-	2.29%	-	-	-	2.12%	-	-	-	2.24%	1.76%
Cost of Revenue to Revenue	14.43%	16.37%	18.03%	15.91%	15.30%	16.50%	18.05%	16.02%	15.43%	16.03%	17.92%
SG&A Expenses to Revenue	63.95%	70.56%	72.00%	67.45%	64.80%	69.83%	70.67%	66.94%	65.01%	69.15%	70.34%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	81.91%	58.97%	76.18%	71.04%	68.07%	73.33%	74.48%	70.36%	68.00%	72.25%	73.86%
Earnings before Interest and Taxes (EBIT)	153	88	45	129	158	109	51	137	226	92	60
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	186	123	78	164	192	144	85	171	260	125	93
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.65	3.76	4.38	4.21	3.45	3.75	4.08	3.91	3.27	3.68	3.59
Price to Tangible Book Value (P/TBV)	45.40	20.53	21.84	15.87	25.01	19.94	27.24	35.04	18.36	25.02	20.21
Price to Revenue (P/Rev)	1.14	1.39	1.63	1.65	1.10	1.27	1.35	1.25	1.14	1.13	1.15
Price to Earnings (P/E)	23.46	20.26	22.95	21.44	14.17	16.74	17.74	16.79	13.50	14.76	14.69
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.26%	4.94%	4.36%	4.66%	7.05%	5.98%	5.64%	5.96%	7.41%	6.77%	6.81%
Enterprise Value to Invested Capital (EV/IC)	3.21	3.54	3.23	3.13	3.22	3.34	3.69	2.55	3.24	2.66	3.26
Enterprise Value to Revenue (EV/Rev)	1.20	1.43	1.82	1.85	1.13	1.33	1.40	1.53	1.15	1.32	1.20
Enterprise Value to EBITDA (EV/EBITDA)	8.90	9.62	12.22	11.86	7.29	8.48	8.98	9.82	6.78	8.21	7.50
Enterprise Value to EBIT (EV/EBIT)	13.18	13.37	16.80	15.78	9.68	11.11	11.73	12.77	8.56	10.41	9.47
Enterprise Value to NOPAT (EV/NOPAT)	19.65	17.37	21.82	21.69	13.41	16.22	16.51	18.19	13.36	15.33	13.43
Enterprise Value to Operating Cash Flow (EV/OCF)	7.19	6.40	8.36	8.29	5.03	7.62	7.84	9.16	5.68	7.18	6.91
Enterprise Value to Free Cash Flow (EV/FCFF)	6.53	0.00	16.54	16.10	14.65	26.14	6.34	47.01	21.38	0.00	16.72
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.78	1.42	1.37	1.34	1.58	1.61	1.63	1.95	1.74	1.66	1.77
Long-Term Debt to Equity	1.48	1.38	1.37	1.02	1.19	1.45	1.09	0.93	0.95	0.99	1.54
Financial Leverage	0.14	-0.05	0.64	0.78	0.15	0.13	0.33	0.68	0.06	0.39	0.15
Leverage Ratio	3.71	4.06	4.10	4.34	4.61	4.53	4.26	4.35	4.57	4.73	4.62
Compound Leverage Factor	3.44	3.61	3.41	3.99	4.29	4.06	3.49	3.90	4.22	3.92	3.52
Debt to Total Capital	64.01%	58.61%	57.76%	57.32%	61.29%	61.68%	62.03%	66.08%	63.51%	62.34%	63.84%
Short-Term Debt to Total Capital	10.63%	1.67%	0.00%	13.90%	15.26%	6.15%	20.61%	34.49%	28.93%	24.90%	8.17%
Long-Term Debt to Total Capital	53.38%	56.94%	57.76%	43.42%	46.03%	55.53%	41.42%	31.59%	34.58%	37.44%	55.67%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-0.02%	-0.01%	-0.01%	-0.02%	-0.02%	-0.01%	-0.01%	0.00%	0.01%	0.02%	-0.01%
Common Equity to Total Capital	36.01%	41.40%	42.25%	42.69%	38.73%	38.32%	37.98%	33.93%	36.48%	37.65%	36.18%
Debt to EBITDA	4.11	3.54	3.41	3.37	3.25	3.48	3.48	3.99	3.59	3.17	3.54
Net Debt to EBITDA	0.46	0.22	1.30	1.28	0.21	0.38	0.31	1.80	0.03	1.16	0.30
Long-Term Debt to EBITDA	3.42	3.44	3.41	2.55	2.44	3.14	2.32	1.91	1.95	1.90	3.09
Debt to NOPAT	9.06	6.39	6.09	6.17	5.97	6.66	6.39	7.39	7.07	5.93	6.34
Net Debt to NOPAT	1.02	0.39	2.31	2.34	0.38	0.72	0.57	3.34	0.07	2.17	0.53
Long-Term Debt to NOPAT	7.56	6.21	6.09	4.67	4.49	6.00	4.27	3.53	3.85	3.56	5.53
Altman Z-Score	2.02	2.00	2.33	2.33	2.03	1.98	1.98	1.83	1.88	1.96	2.06
Noncontrolling Interest Sharing Ratio	-0.02%	-0.01%	-0.02%	-0.03%	-0.05%	-0.02%	-0.02%	-0.02%	-0.01%	0.01%	-0.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.50	1.58	1.75	1.52	1.38	1.54	1.33	1.19	1.26	1.25	1.60
Quick Ratio	0.85	0.81	0.67	0.59	0.77	0.80	0.76	0.48	0.75	0.48	0.93
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	521	-251	116	194	93	-45	550	-105	6.64	-436	-7.83
Operating Cash Flow to CapEx	950.35%	1,117.91%	16.26%	850.59%	970.27%	482.92%	110.70%	496.46%	1,487.50%	209.11%	6.27%
Free Cash Flow to Firm to Interest Expense	44.55	-23.03	11.45	13.84	6.17	-2.75	36.88	-5.21	0.27	-20.45	-0.40
Operating Cash Flow to Interest Expense	22.91	27.49	0.33	15.49	19.15	8.22	2.01	9.06	18.19	3.77	0.09
Operating Cash Flow Less CapEx to Interest Expense	20.50	25.03	-1.68	13.67	17.17	6.52	0.19	7.24	16.97	1.97	-1.31
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.71	0.66	0.69	0.68	0.72	0.65	0.70	0.67	0.68	0.68	0.69
Accounts Receivable Turnover	17.50	14.18	17.82	16.09	13.68	11.50	12.28	11.35	13.59	12.17	10.97
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	9.89	9.85	10.13	10.53	11.14	11.03	11.44	11.40	11.67	12.06	12.23
Accounts Payable Turnover	3.08	2.57	3.29	3.03	3.11	2.60	2.70	2.72	2.71	2.80	2.49
Days Sales Outstanding (DSO)	20.86	25.74	20.48	22.69	26.68	31.74	29.73	32.17	26.85	29.98	33.27
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	118.56	142.09	110.85	120.47	117.24	140.33	135.16	134.12	134.76	130.52	146.39
Cash Conversion Cycle (CCC)	-97.70	-116.35	-90.37	-97.79	-90.56	-108.59	-105.43	-101.95	-107.91	-100.53	-113.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,233	1,352	1,933	2,086	1,258	1,467	1,424	2,282	1,384	1,976	1,495
Invested Capital Turnover	2.30	2.82	1.73	1.65	2.89	2.62	2.24	1.74	2.95	2.32	2.77
Increase / (Decrease) in Invested Capital	-405	320	-91	-105	26	115	-510	196	126	509	71
Enterprise Value (EV)	3,961	4,788	6,236	6,528	4,058	4,898	5,250	5,816	4,479	5,265	4,867
Market Capitalization	3,756	4,681	5,576	5,825	3,942	4,681	5,070	4,748	4,457	4,518	4,674
Book Value per Share	$20.73	$25.10	$25.54	$27.85	$23.01	$27.10	$27.15	$26.46	$30.32	$27.97	$29.77
Tangible Book Value per Share	$1.67	$4.60	$5.12	$7.40	$3.17	$5.09	$4.06	$2.95	$5.41	$4.11	$5.29
Total Capital	2,854	3,007	3,012	3,238	2,950	3,262	3,275	3,577	3,733	3,264	3,600
Total Debt	1,827	1,762	1,740	1,856	1,808	2,012	2,032	2,364	2,371	2,035	2,298
Total Long-Term Debt	1,524	1,712	1,740	1,406	1,358	1,811	1,357	1,130	1,291	1,222	2,004
Net Debt	205	108	661	704	116	217	180	1,068	22	747	193
Capital Expenditures (CapEx)	28	27	20	26	30	28	27	37	30	38	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-243	-231	358	506	-274	-132	-206	633	-354	335	-245
Debt-free Net Working Capital (DFNWC)	1,379	1,423	1,436	1,658	1,418	1,663	1,646	1,929	1,994	1,623	1,859
Net Working Capital (NWC)	1,075	1,373	1,436	1,207	968	1,462	971	695	915	811	1,565
Net Nonoperating Expense (NNE)	19	1.13	4.60	3.13	14	-0.35	14	8.09	-19	28	25
Net Nonoperating Obligations (NNO)	205	108	661	704	116	217	180	1,068	22	747	193
Total Depreciation and Amortization (D&A)	33	35	34	35	34	35	34	35	34	33	33
Debt-free, Cash-free Net Working Capital to Revenue	-7.34%	-6.88%	10.44%	14.35%	-7.63%	-3.58%	-5.48%	16.64%	-9.08%	8.40%	-6.06%
Debt-free Net Working Capital to Revenue	41.73%	42.37%	41.91%	47.04%	39.42%	45.08%	43.80%	50.69%	51.14%	40.68%	45.93%
Net Working Capital to Revenue	32.54%	40.87%	41.90%	34.27%	26.91%	39.64%	25.83%	18.26%	23.45%	20.31%	38.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.97	$1.34	$0.40	$1.73	$2.15	$1.49	$0.57	$1.83	$3.41	$1.01	$0.88
Adjusted Weighted Average Basic Shares Outstanding	49.58M	50.18M	49.81M	49.64M	48.41M	48.48M	45.82M	45.43M	44.42M	44.90M	43.68M
Adjusted Diluted Earnings per Share	$1.87	$1.30	$0.39	$1.65	$2.05	$1.41	$0.55	$1.73	$3.21	$0.96	$0.85
Adjusted Weighted Average Diluted Shares Outstanding	52.75M	53.46M	52.97M	52.87M	51.47M	51.60M	48.96M	48.70M	47.55M	48.08M	46.24M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	49.59M	49.83M	49.63M	49.66M	46.12M	45.78M	45.87M	44.91M	43.93M	43.74M	43.24M
Normalized Net Operating Profit after Tax (NOPAT)	116	69	24	89	118	69	40	91	133	73	63
Normalized NOPAT Margin	12.47%	7.96%	3.10%	9.49%	11.77%	7.22%	4.64%	9.26%	12.06%	6.99%	6.93%
Pre Tax Income Margin	15.20%	8.99%	4.70%	12.60%	14.66%	10.22%	4.92%	12.41%	18.96%	7.25%	4.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	13.05	8.04	4.41	9.20	10.55	6.62	3.45	6.80	9.34	4.30	3.07
NOPAT to Interest Expense	9.93	6.32	2.42	6.37	7.88	4.19	2.67	4.54	5.48	3.44	3.27
EBIT Less CapEx to Interest Expense	10.64	5.58	2.40	7.38	8.57	4.92	1.63	4.97	8.12	2.49	1.68
NOPAT Less CapEx to Interest Expense	7.52	3.87	0.41	4.54	5.91	2.49	0.85	2.72	4.25	1.64	1.87
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	253.15%	76.29%	55.59%	11.06%	117.39%	135.38%	122.88%	164.39%	81.88%	87.69%	103.52%

Key Financial Trends

EURONET WORLDWIDE (NASDAQ: EEFT) has shown steady revenue growth over the past several quarters, reaching $915.5 million in Q1 2025 compared to $857 million in Q1 2024 and $787 million in Q1 2023. This indicates a positive trend in top-line performance.

Gross profit remained strong, growing from $702.3 million in Q1 2024 to $751.4 million in Q1 2025, supported by a cost of revenue that increased only modestly in proportion to revenues. This shows effective cost management related to the core operations.

Operating expenses, particularly Selling, General & Administrative (SG&A) expenses, have risen from $605.6 million in Q1 2024 to $644 million in Q1 2025, indicating increased investments or higher costs in marketing and administrative functions. Depreciation expense remained consistent around $32-33 million per quarter.

Operating income improved slightly in Q1 2025 ($75.2 million) compared to Q1 2024 ($64 million). However, interest expense increased from $14.9 million in Q1 2024 to $19.4 million in Q1 2025, reflecting higher borrowing costs or debt levels, which pressured pre-tax income to $45.5 million in Q1 2025, up modestly from $42.2 million in Q1 2024.

Net income attributable to common shareholders rose to $38.4 million in Q1 2025 from $26.2 million in Q1 2024, continuing a positive earnings growth trend. Earnings per share (diluted) increased from $0.55 in Q1 2024 to $0.85 in Q1 2025, reflecting better profitability and a relatively stable share count.

On the cash flow side, net cash from operating activities in Q1 2025 was constrained at $1.7 million, significantly lower than $30 million in Q1 2024, primarily due to a large negative change in operating assets and liabilities (-$99.2 million), indicating working capital headwinds. Despite this, the company generated positive free cash flow after deducting capital expenditures.

Investing activities saw higher outflows in Q1 2025 (-$54.7 million) compared to the prior year (-$96.8 million in Q1 2024 but much of it was acquisition-related), with capital expenditure at approximately $27 million indicating ongoing investments to support growth.

The firm's balance sheet remains strong with cash and equivalents at $2.09 billion as of Q1 2025, up from $1.84 billion a year earlier, providing substantial liquidity. Total assets increased over the years, reaching about $6.05 billion, supported by goodwill and intangible assets, reflecting acquisitions or business expansion.

Debt levels remain elevated though manageable, with combined short-term and long-term debt at approximately $2.2 billion in Q1 2025, close to prior quarters, alongside consistent repayments and issuances to optimize capital structure. Treasury stock reductions indicate ongoing share repurchases, reducing share count and supporting per-share metrics.

Consistent revenue and gross profit growth over recent years.
Increasing net income and earnings per share indicate profitability improvement.
Strong cash and equivalents position of $2.09 billion ensures liquidity.
Ongoing capital investments to support future growth with controlled CapEx.
Active management of capital structure through debt issuance and repayments.
Stable depreciation indicating steady asset base.
Operating income growth is steady but modest, suggesting cautious expense control.
SG&A expenses have increased, which could pressure operating margins if not matched by revenue growth.
Net cash from operations declined sharply in Q1 2025 due to working capital challenges.
Higher interest expense pressures net income despite revenue growth.

Overall, EURONET WORLDWIDE is demonstrating steady revenue and earnings growth supported by strong liquidity and ongoing investments. However, investors should monitor rising SG&A costs, increased interest expenses, and recent cash flow pressures from working capital changes, which could impact short-term profitability and cash generation.

08/28/25 09:39 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About Euronet Worldwide's Financials

When does Euronet Worldwide's financial year end?

According to the most recent income statement we have on file, Euronet Worldwide's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Euronet Worldwide's net income changed over the last 9 years?

Euronet Worldwide's net income appears to be on an upward trend, with a most recent value of $306.30 million in 2024, rising from $98.49 million in 2015. The previous period was $279.50 million in 2023. See where experts think Euronet Worldwide is headed by visiting Euronet Worldwide's forecast page.

What is Euronet Worldwide's operating income?

Euronet Worldwide's total operating income in 2024 was $503.20 million, based on the following breakdown:

Total Gross Profit: $3.34 billion
Total Operating Expenses: $2.84 billion

How has Euronet Worldwide's revenue changed over the last 9 years?

Over the last 9 years, Euronet Worldwide's total revenue changed from $1.77 billion in 2015 to $3.99 billion in 2024, a change of 125.1%.

How much debt does Euronet Worldwide have?

Euronet Worldwide's total liabilities were at $4.61 billion at the end of 2024, a 0.8% decrease from 2023, and a 236.9% increase since 2015.

How much cash does Euronet Worldwide have?

In the past 9 years, Euronet Worldwide's cash and equivalents has ranged from $280.13 million in 2017 to $1.83 billion in 2020, and is currently $1.28 billion as of their latest financial filing in 2024.

How has Euronet Worldwide's book value per share changed over the last 9 years?

Over the last 9 years, Euronet Worldwide's book value per share changed from 15.61 in 2015 to 27.97 in 2024, a change of 79.1%.

Related Companies

This page (NASDAQ:EEFT) was last updated on 8/28/2025 by MarketBeat.com Staff

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Euronet Worldwide (EEFT) Financials

Key Financial Trends

Financials Breakdown Chart

Frequently Asked Questions About Euronet Worldwide's Financials

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Euronet Worldwide (EEFT) Financials

Annual Income Statements for Euronet Worldwide

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Quarterly Cash Flow Statements for Euronet Worldwide

Annual Balance Sheets for Euronet Worldwide

Quarterly Balance Sheets for Euronet Worldwide

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Quarterly Metrics And Ratios for Euronet Worldwide

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Financials Breakdown Chart

Frequently Asked Questions About Euronet Worldwide's Financials

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