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Priority Technology (PRTH) Financials

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$5.82 -0.24 (-3.96%)
Closing price 06/5/2026 04:00 PM Eastern
Extended Trading
$5.78 -0.04 (-0.69%)
As of 06/5/2026 04:53 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Priority Technology

Annual Income Statements for Priority Technology

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

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
-39 -49 -24
Consolidated Net Income / (Loss)
-2.15 -1.31 24
Net Income / (Loss) Continuing Operations
-2.15 -1.31 24
Total Pre-Tax Income
3.20 7.15 37
Total Operating Income
56 82 133
Total Gross Profit
162 195 239
Total Revenue
664 756 880
Operating Revenue
664 756 880
Total Cost of Revenue
502 560 641
Operating Cost of Revenue
502 560 641
Total Operating Expenses
106 114 105
Selling, General & Admin Expense
35 45 47
Depreciation Expense
71 68 58
Total Other Income / (Expense), net
-53 -74 -96
Interest Expense
54 76 89
Other Income / (Expense), net
0.59 1.74 -7.19
Income Tax Expense
5.35 8.46 13
Preferred Stock Dividends Declared
37 48 47
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 0.00 0.64
Basic Earnings per Share
($0.50) ($0.63) ($0.31)
Weighted Average Basic Shares Outstanding
78.23M 78.33M 77.99M
Diluted Earnings per Share
($0.50) ($0.63) ($0.31)
Weighted Average Diluted Shares Outstanding
78.23M 78.33M 77.99M
Weighted Average Basic & Diluted Shares Outstanding
78.89M 75.79M 79.52M

Quarterly Income Statements for Priority Technology

This table shows Priority Technology'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
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
Net Income / (Loss) Attributable to Common Shareholders
-10 -12 -12 -12 -12 -13 -8.05 -18 5.49 -3.77
Consolidated Net Income / (Loss)
-0.79 -1.31 -0.51 -0.61 -0.09 -0.11 5.19 0.99 11 7.22
Net Income / (Loss) Continuing Operations
-0.79 -1.31 -0.51 -0.61 -0.09 -0.11 5.19 0.99 11 7.22
Total Pre-Tax Income
0.90 2.21 -0.64 1.74 4.24 1.81 7.78 3.51 16 10
Total Operating Income
14 18 17 19 24 22 28 33 38 34
Total Gross Profit
42 44 44 48 52 51 54 60 64 61
Total Revenue
166 178 185 182 189 199 206 220 227 227
Operating Revenue
166 178 185 182 189 199 206 220 227 227
Total Cost of Revenue
124 133 141 134 137 148 151 160 163 166
Operating Cost of Revenue
124 133 141 134 137 148 151 160 163 166
Total Operating Expenses
28 26 27 29 29 29 26 26 26 27
Selling, General & Admin Expense
10 7.94 9.12 11 11 14 11 11 12 13
Depreciation Expense
18 18 18 18 17 15 15 15 14 14
Total Other Income / (Expense), net
-13 -16 -17 -17 -19 -20 -20 -30 -23 -24
Interest Expense
13 16 18 18 20 21 21 22 23 23
Other Income / (Expense), net
0.23 0.28 0.21 0.38 0.73 0.42 0.63 -7.96 0.67 -0.54
Income Tax Expense
1.69 3.52 -0.13 2.36 4.33 1.91 2.58 2.52 4.90 3.27
Preferred Stock Dividends Declared
9.47 10 11 12 12 12 13 19 5.12 11
Basic Earnings per Share
($0.13) ($0.15) ($0.15) ($0.16) ($0.16) ($0.16) ($0.10) ($0.23) $0.07 ($0.05)
Weighted Average Basic Shares Outstanding
77.98M 78.23M 78.13M 78.29M 78.38M 78.33M 78.02M 77.74M 77.97M 77.99M
Diluted Earnings per Share
($0.13) ($0.15) ($0.15) ($0.16) ($0.16) ($0.16) ($0.10) ($0.23) $0.07 ($0.05)
Weighted Average Diluted Shares Outstanding
77.98M 78.23M 78.13M 78.29M 78.38M 78.33M 78.02M 77.74M 80.10M 77.99M
Weighted Average Basic & Diluted Shares Outstanding
76.00M 78.89M 76.50M 76.57M 76.72M 75.79M 80.07M 76.83M 77.17M 79.52M

Annual Cash Flow Statements for Priority Technology

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

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
43 236 198
Net Cash From Operating Activities
71 81 86
Net Cash From Continuing Operating Activities
71 81 86
Net Income / (Loss) Continuing Operations
-2.15 -1.31 24
Consolidated Net Income / (Loss)
-2.15 -1.31 24
Depreciation Expense
71 68 58
Amortization Expense
3.52 3.85 2.74
Non-Cash Adjustments To Reconcile Net Income
4.28 3.04 15
Changes in Operating Assets and Liabilities, net
-5.81 7.29 -14
Net Cash From Investing Activities
-37 -56 -36
Net Cash From Continuing Investing Activities
-37 -56 -36
Purchase of Property, Plant & Equipment
-19 -21 -22
Acquisitions
-13 -35 -10
Purchase of Investments
-4.66 0.38 -3.36
Net Cash From Financing Activities
8.50 210 148
Net Cash From Continuing Financing Activities
8.50 210 148
Repayment of Debt
-38 -64 -667
Repurchase of Preferred Equity
0.00 0.00 -280
Repurchase of Common Equity
-7.47 -1.26 -1.54
Payment of Dividends
-11 -25 -24
Issuance of Debt
30 94 945
Other Financing Activities, net
36 206 174
Cash Interest Paid
47 76 82
Cash Income Taxes Paid
6.74 13 19

Quarterly Cash Flow Statements for Priority Technology

This table details how cash moves in and out of Priority Technology'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
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
Net Change in Cash & Equivalents
3.20 21 78 100 0.57 57 -4.64 44 82 76
Net Cash From Operating Activities
20 20 28 19 26 8.58 13 29 20 24
Net Cash From Continuing Operating Activities
20 20 28 19 26 8.58 13 29 20 24
Net Income / (Loss) Continuing Operations
-0.79 -1.31 -0.51 -0.61 -0.09 -0.11 5.19 0.99 11 7.22
Consolidated Net Income / (Loss)
-0.79 -1.31 -0.51 -0.61 -0.09 -0.11 5.19 0.99 11 7.22
Depreciation Expense
18 18 18 18 17 15 15 15 14 14
Amortization Expense
0.89 0.91 0.90 0.92 0.99 1.04 1.07 0.76 0.43 0.49
Non-Cash Adjustments To Reconcile Net Income
3.27 1.57 2.04 1.43 4.68 -5.11 1.27 8.94 2.69 1.76
Changes in Operating Assets and Liabilities, net
-0.96 0.79 7.20 -0.54 2.97 -2.33 -9.47 2.76 -7.61 0.48
Net Cash From Investing Activities
-8.36 -15 -7.58 -5.50 -38 -4.52 -7.67 -13 -4.14 -11
Net Cash From Continuing Investing Activities
-8.36 -15 -7.58 -5.50 -38 -4.52 -7.67 -13 -4.14 -11
Purchase of Property, Plant & Equipment
-5.37 -7.50 -5.05 -4.82 -5.40 -5.99 -6.61 -5.11 -5.33 -4.65
Acquisitions
-2.49 -6.49 -2.72 - -33 1.24 0.00 -7.47 - -3.02
Purchase of Investments
-0.50 -1.41 0.18 -0.68 0.65 0.23 -1.06 -0.35 1.19 -3.15
Net Cash From Financing Activities
-8.66 17 58 87 13 53 -10 28 67 63
Net Cash From Continuing Financing Activities
-8.66 17 58 87 13 53 -10 28 67 63
Repayment of Debt
-21 -1.55 -7.55 -7.98 -13 -35 -1.68 -660 -1.43 -3.15
Repurchase of Preferred Equity
- - - - - - - - - -112
Repurchase of Common Equity
-2.60 -2.79 -0.78 -0.24 - -0.24 -0.42 -2.31 -0.60 1.80
Payment of Dividends
-4.40 0.02 -11 -6.47 - -6.81 -7.03 -9.37 -5.71 -1.55
Issuance of Debt
11 6.50 - - 39 50 - - - 115
Other Financing Activities, net
8.39 14 77 96 -13 45 -1.15 38 74 63
Cash Interest Paid
12 14 16 19 19 21 18 17 17 29
Cash Income Taxes Paid
- 6.74 0.00 - - 13 0.00 - - 19

Annual Balance Sheets for Priority Technology

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

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Total Assets
1,373 1,615 1,827
Total Current Assets
652 881 1,105
Cash & Equivalents
18 40 59
Restricted Cash
11 12 11
Note & Lease Receivable
1.47 1.47 3.64
Accounts Receivable
78 59 68
Prepaid Expenses
12 13 23
Other Current Assets
532 756 941
Plant, Property, & Equipment, net
35 45 52
Total Noncurrent Assets
686 689 669
Noncurrent Note & Lease Receivables
3.19 3.73 4.92
Goodwill
369 376 376
Intangible Assets
289 273 241
Noncurrent Deferred & Refundable Income Taxes
16 23 25
Other Noncurrent Operating Assets
8.44 14 23
Total Liabilities & Shareholders' Equity
1,373 1,615 1,827
Total Liabilities
1,241 1,503 1,992
Total Current Liabilities
630 852 1,052
Short-Term Debt
6.20 6.71 9.50
Accounts Payable
52 53 62
Accrued Expenses
36 33 38
Customer Deposits
2.62 3.93 2.25
Other Current Liabilities
533 756 940
Total Noncurrent Liabilities
611 651 940
Long-Term Debt
599 632 921
Other Noncurrent Operating Liabilities
12 19 19
Commitments & Contingencies
0.00 0.00 0.00
Redeemable Noncontrolling Interest
236 259 0.00
Total Equity & Noncontrolling Interests
-103 -146 -165
Total Preferred & Common Equity
-104 -148 -167
Preferred Stock
0.00 0.00 0.00
Total Common Equity
-104 -148 -167
Common Stock
9.73 0.08 0.08
Retained Earnings
-102 -135 -147
Treasury Stock
-12 -13 -20
Accumulated Other Comprehensive Income / (Loss)
0.00 -0.03 -0.18
Noncontrolling Interest
1.26 1.65 1.82

Quarterly Balance Sheets for Priority Technology

This table presents Priority Technology'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
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets
1,350 1,446 1,532 1,563 1,610 1,673 1,760
Total Current Assets
628 729 818 827 882 937 1,029
Cash & Equivalents
13 16 18 25 34 35 41
Restricted Cash
12 11 12 14 13 13 13
Note & Lease Receivable
0.99 1.58 2.53 1.56 1.97 2.19 2.57
Accounts Receivable
70 78 60 61 67 66 73
Prepaid Expenses
17 10 15 13 14 19 19
Other Current Assets
517 612 711 712 753 802 879
Plant, Property, & Equipment, net
30 37 39 42 48 50 52
Total Noncurrent Assets
692 680 675 695 679 687 679
Noncurrent Note & Lease Receivables
2.07 3.07 3.02 3.62 4.55 5.00 3.73
Goodwill
365 369 369 376 376 376 376
Intangible Assets
302 277 269 285 262 259 249
Noncurrent Deferred & Refundable Income Taxes
12 22 26 19 24 26 25
Other Noncurrent Operating Assets
10 8.46 8.15 11 13 21 25
Total Liabilities & Shareholders' Equity
1,350 1,446 1,532 1,563 1,610 1,673 1,760
Total Liabilities
1,217 1,324 1,416 1,445 1,498 1,738 1,819
Total Current Liabilities
610 720 814 810 850 913 991
Short-Term Debt
6.20 6.20 6.20 6.20 6.71 8.35 8.35
Accounts Payable
51 57 60 56 49 67 67
Accrued Expenses
33 41 35 31 36 36 36
Customer Deposits
- - - - 4.09 3.57 4.21
Other Current Liabilities
517 613 711 710 754 799 876
Total Noncurrent Liabilities
607 604 602 635 648 825 827
Long-Term Debt
593 592 590 617 631 809 808
Other Noncurrent Operating Liabilities
14 12 12 19 17 15 19
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
225 235 241 253 270 106 105
Total Equity & Noncontrolling Interests
-92 -114 -125 -135 -158 -170 -164
Total Preferred & Common Equity
-92 -115 -125 -136 -160 -172 -166
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
-92 -115 -125 -136 -160 -172 -166
Common Stock
18 0.40 0.08 0.08 0.08 0.08 0.08
Retained Earnings
-101 -103 -113 -124 -141 -153 -147
Treasury Stock
-8.77 -12 -13 -13 -18 -19 -19
Accumulated Other Comprehensive Income / (Loss)
- 0.02 0.03 -0.03 -0.04 -0.04 -0.07
Noncontrolling Interest
- 0.85 0.85 1.37 1.75 1.83 1.89

Annual Metrics And Ratios for Priority Technology

This table displays calculated financial ratios and metrics derived from Priority Technology's official financial filings.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - -
Revenue Growth
28.89% 13.86% 16.42%
EBITDA Growth
54.76% 18.75% 20.26%
EBIT Growth
74.01% 46.70% 51.61%
NOPAT Growth
-262.90% 60.40% 675.12%
Net Income Growth
-254.79% 39.02% 1,931.81%
EPS Growth
-47.06% -26.00% 50.79%
Operating Cash Flow Growth
652.03% 15.23% 5.36%
Free Cash Flow Firm Growth
91.98% 85.46% 1,664.03%
Invested Capital Growth
0.26% -1.30% -0.57%
Revenue Q/Q Growth
5.32% 2.96% 3.26%
EBITDA Q/Q Growth
-1.17% 0.77% 5.24%
EBIT Q/Q Growth
-3.71% 5.02% 9.69%
NOPAT Q/Q Growth
-154.73% 42.30% 21.39%
Net Income Q/Q Growth
-116.22% 47.91% 43.90%
EPS Q/Q Growth
-138.10% -1.61% 26.19%
Operating Cash Flow Q/Q Growth
12.83% -12.29% 21.56%
Free Cash Flow Firm Q/Q Growth
-148.76% 75.82% 17.05%
Invested Capital Q/Q Growth
-0.34% -1.34% -1.06%
Profitability Metrics
- - -
Gross Margin
24.38% 25.85% 27.15%
EBITDA Margin
19.73% 20.58% 21.26%
Operating Margin
8.46% 10.79% 15.17%
EBIT Margin
8.55% 11.02% 14.35%
Profit (Net Income) Margin
-0.32% -0.17% 2.73%
Tax Burden Percent
-67.19% -18.33% 64.42%
Interest Burden Percent
5.64% 8.59% 29.53%
Effective Tax Rate
167.19% 118.33% 35.58%
Return on Invested Capital (ROIC)
-5.33% -2.12% 12.32%
ROIC Less NNEP Spread (ROIC-NNEP)
0.93% 0.22% 3.76%
Return on Net Nonoperating Assets (RNNOA)
3.79% 1.05% -103.83%
Return on Equity (ROE)
-1.54% -1.07% -91.51%
Cash Return on Invested Capital (CROIC)
-5.59% -0.82% 12.89%
Operating Return on Assets (OROA)
4.17% 5.57% 7.33%
Return on Assets (ROA)
-0.16% -0.09% 1.40%
Return on Common Equity (ROCE)
0.93% 1.10% -548.48%
Return on Equity Simple (ROE_SIMPLE)
2.07% 0.89% -14.39%
Net Operating Profit after Tax (NOPAT)
-38 -15 86
NOPAT Margin
-5.69% -1.98% 9.77%
Net Nonoperating Expense Percent (NNEP)
-6.26% -2.34% 8.55%
Return On Investment Capital (ROIC_SIMPLE)
-7.51% -3.03% 11.23%
Cost of Revenue to Revenue
75.62% 74.15% 72.85%
SG&A Expenses to Revenue
5.27% 6.01% 5.39%
R&D to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
15.92% 15.06% 11.99%
Earnings before Interest and Taxes (EBIT)
57 83 126
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
131 156 187
Valuation Ratios
- - -
Price to Book Value (P/BV)
0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00
Price to Revenue (P/Rev)
0.60 0.36 1.03
Price to Earnings (P/E)
0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.71 1.60 2.54
Enterprise Value to Revenue (EV/Rev)
1.83 1.48 2.01
Enterprise Value to EBITDA (EV/EBITDA)
9.26 7.21 9.46
Enterprise Value to EBIT (EV/EBIT)
21.37 13.46 14.02
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 20.59
Enterprise Value to Operating Cash Flow (EV/OCF)
17.20 13.79 20.67
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 19.67
Leverage & Solvency
- - -
Debt to Equity
4.56 5.68 -5.64
Long-Term Debt to Equity
4.51 5.62 -5.58
Financial Leverage
4.08 4.74 -27.59
Leverage Ratio
9.78 12.18 -65.59
Compound Leverage Factor
0.55 1.05 -19.37
Debt to Total Capital
82.00% 85.02% 121.56%
Short-Term Debt to Total Capital
0.84% 0.89% 1.24%
Long-Term Debt to Total Capital
81.16% 84.13% 120.32%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
32.09% 34.64% 0.24%
Common Equity to Total Capital
-14.10% -19.66% -21.80%
Debt to EBITDA
4.62 4.11 4.98
Net Debt to EBITDA
4.40 3.78 4.60
Long-Term Debt to EBITDA
4.57 4.06 4.92
Debt to NOPAT
-16.04 -42.74 10.83
Net Debt to NOPAT
-15.27 -39.29 10.01
Long-Term Debt to NOPAT
-15.87 -42.29 10.71
Altman Z-Score
0.73 0.65 0.91
Noncontrolling Interest Sharing Ratio
160.38% 202.62% -499.34%
Liquidity Ratios
- - -
Current Ratio
1.04 1.03 1.05
Quick Ratio
0.16 0.12 0.12
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-40 -5.75 90
Operating Cash Flow to CapEx
373.47% 382.27% 394.64%
Free Cash Flow to Firm to Interest Expense
-0.74 -0.08 1.01
Operating Cash Flow to Interest Expense
1.32 1.07 0.96
Operating Cash Flow Less CapEx to Interest Expense
0.96 0.79 0.72
Efficiency Ratios
- - -
Asset Turnover
0.49 0.51 0.51
Accounts Receivable Turnover
9.72 11.06 13.91
Inventory Turnover
0.00 0.00 0.00
Fixed Asset Turnover
22.15 19.04 18.11
Accounts Payable Turnover
10.63 10.72 11.17
Days Sales Outstanding (DSO)
37.55 33.01 26.25
Days Inventory Outstanding (DIO)
0.00 0.00 0.00
Days Payable Outstanding (DPO)
34.33 34.04 32.69
Cash Conversion Cycle (CCC)
3.22 -1.03 -6.44
Capital & Investment Metrics
- - -
Invested Capital
709 700 696
Invested Capital Turnover
0.94 1.07 1.26
Increase / (Decrease) in Invested Capital
1.82 -9.19 -4.02
Enterprise Value (EV)
1,213 1,121 1,769
Market Capitalization
400 273 907
Book Value per Share
($1.37) ($1.93) ($2.16)
Tangible Book Value per Share
($10.03) ($10.39) ($10.16)
Total Capital
738 751 765
Total Debt
605 639 930
Total Long-Term Debt
599 632 921
Net Debt
576 587 861
Capital Expenditures (CapEx)
19 21 22
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-0.37 -16 -6.77
Debt-free Net Working Capital (DFNWC)
29 36 63
Net Working Capital (NWC)
22 29 53
Net Nonoperating Expense (NNE)
-36 -14 62
Net Nonoperating Obligations (NNO)
576 587 861
Total Depreciation and Amortization (D&A)
74 72 61
Debt-free, Cash-free Net Working Capital to Revenue
-0.06% -2.06% -0.77%
Debt-free Net Working Capital to Revenue
4.32% 4.76% 7.15%
Net Working Capital to Revenue
3.39% 3.87% 6.07%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($0.50) ($0.63) ($0.31)
Adjusted Weighted Average Basic Shares Outstanding
78.23M 78.33M 77.99M
Adjusted Diluted Earnings per Share
($0.50) ($0.63) ($0.31)
Adjusted Weighted Average Diluted Shares Outstanding
78.23M 78.33M 77.99M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
78.89M 75.79M 79.52M
Normalized Net Operating Profit after Tax (NOPAT)
39 57 86
Normalized NOPAT Margin
5.92% 7.55% 9.77%
Pre Tax Income Margin
0.48% 0.95% 4.24%
Debt Service Ratios
- - -
EBIT to Interest Expense
1.06 1.09 1.42
NOPAT to Interest Expense
-0.70 -0.20 0.97
EBIT Less CapEx to Interest Expense
0.71 0.81 1.18
NOPAT Less CapEx to Interest Expense
-1.06 -0.48 0.72
Payout Ratios
- - -
Dividend Payout Ratio
-532.98% -1,885.43% 98.46%
Augmented Payout Ratio
-880.33% -1,981.24% 104.87%

Quarterly Metrics And Ratios for Priority Technology

This table displays calculated financial ratios and metrics derived from Priority Technology'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
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
Growth Metrics
- - - - - - - - - -
Revenue Growth
25.56% 23.26% 20.74% 9.53% 13.58% 12.24% 11.18% 20.61% 20.12% 13.94%
EBITDA Growth
55.95% -3.97% 23.84% 22.08% 28.70% 3.19% 24.89% 7.32% 24.50% 24.15%
EBIT Growth
70.45% -10.58% 56.84% 49.04% 69.37% 21.52% 67.97% 29.28% 59.89% 49.65%
NOPAT Growth
34.00% -152.29% 55.63% -235.14% 96.11% 88.06% 58.70% 239.88% 5,502.94% 1,917.66%
Net Income Growth
-44.26% -109.31% -51.95% -313.24% 89.02% 91.92% 1,126.28% 262.42% 12,293.10% 6,911.32%
EPS Growth
-44.44% -207.14% -36.36% -45.45% -23.08% -6.67% 33.33% -43.75% 143.75% 68.75%
Operating Cash Flow Growth
180.34% 67.11% 187.91% -7.44% 27.68% -57.03% -51.92% 49.64% -23.15% 177.02%
Free Cash Flow Firm Growth
99.95% 97.45% 107.28% 105.74% 800.22% 162.47% -67.86% -147.75% 1,875.22% 248.28%
Invested Capital Growth
-1.68% 0.26% -3.44% -4.03% -0.30% -1.30% 1.00% 2.91% -0.85% -0.57%
Revenue Q/Q Growth
-0.01% 6.69% 4.21% -1.48% 3.69% 5.43% 3.23% 6.88% 3.27% 0.01%
EBITDA Q/Q Growth
4.95% 13.23% -3.69% 6.66% 10.64% -9.21% 16.56% -8.34% 28.36% -9.47%
EBIT Q/Q Growth
9.34% 29.11% -7.67% 14.35% 24.25% -7.36% 27.62% -11.99% 53.67% -13.29%
NOPAT Q/Q Growth
-349.53% 12.70% 208.91% -156.96% 92.82% -168.08% 1,547.88% -49.79% 177.24% -9.81%
Net Income Q/Q Growth
-375.96% -65.66% 61.43% -20.95% 85.78% -21.84% 4,999.06% -80.86% 967.20% -31.94%
EPS Q/Q Growth
-18.18% -15.38% 0.00% -6.67% 0.00% 0.00% 37.50% -130.00% 130.43% -171.43%
Operating Cash Flow Q/Q Growth
-2.40% -1.31% 38.66% -30.70% 34.64% -66.79% 55.17% 115.68% -30.85% 19.71%
Free Cash Flow Firm Q/Q Growth
99.94% -5,345.98% 389.56% -39.63% -92.64% 385.87% 48.97% -189.70% 404.22% -14.33%
Invested Capital Q/Q Growth
-0.44% -0.34% -1.80% -1.51% 3.44% -1.34% 0.48% 0.35% -0.35% -1.06%
Profitability Metrics
- - - - - - - - - -
Gross Margin
25.28% 24.86% 23.79% 26.28% 27.62% 25.70% 26.38% 27.12% 28.29% 26.75%
EBITDA Margin
19.84% 21.06% 19.46% 21.07% 22.48% 19.36% 21.86% 18.75% 23.30% 21.09%
Operating Margin
8.46% 10.25% 9.11% 10.50% 12.44% 11.06% 13.62% 15.09% 16.77% 15.03%
EBIT Margin
8.60% 10.41% 9.22% 10.70% 12.82% 11.27% 13.93% 11.47% 17.07% 14.80%
Profit (Net Income) Margin
-0.48% -0.74% -0.27% -0.34% -0.05% -0.05% 2.52% 0.45% 4.67% 3.18%
Tax Burden Percent
-88.10% -59.50% 79.19% -35.11% -2.05% -5.87% 66.79% 28.33% 68.41% 68.83%
Interest Burden Percent
6.28% 11.93% -3.75% 8.93% 17.50% 8.05% 27.13% 13.91% 40.02% 31.22%
Effective Tax Rate
188.10% 159.50% 0.00% 135.11% 102.05% 105.87% 33.21% 71.67% 31.59% 31.17%
Return on Invested Capital (ROIC)
-6.55% -5.72% 6.26% -3.74% -0.26% -0.70% 10.10% 5.00% 13.84% 13.05%
ROIC Less NNEP Spread (ROIC-NNEP)
-4.56% -4.04% 4.12% -2.68% -0.20% -0.49% 7.78% 3.75% 11.56% 10.80%
Return on Net Nonoperating Assets (RNNOA)
-20.12% -16.50% 17.90% -11.96% -0.91% -2.33% 38.79% 97.36% 264.27% -297.92%
Return on Equity (ROE)
-26.67% -22.21% 24.16% -15.71% -1.18% -3.03% 48.89% 102.36% 278.11% -284.87%
Cash Return on Invested Capital (CROIC)
11.31% -5.59% -2.83% -3.35% -3.35% -0.82% 2.74% 2.44% 10.88% 12.89%
Operating Return on Assets (OROA)
4.04% 5.07% 4.59% 5.26% 6.46% 5.70% 7.08% 5.82% 8.75% 7.56%
Return on Assets (ROA)
-0.22% -0.36% -0.14% -0.17% -0.02% -0.03% 1.28% 0.23% 2.40% 1.63%
Return on Common Equity (ROCE)
16.63% 13.41% -16.96% 12.61% 1.07% 3.11% -57.44% -590.86% -1,419.38% -1,707.33%
Return on Equity Simple (ROE_SIMPLE)
-14.43% 0.00% 2.03% 2.57% 1.85% 0.00% -2.74% -3.48% -10.06% 0.00%
Net Operating Profit after Tax (NOPAT)
-12 -11 12 -6.72 -0.48 -1.29 19 9.40 26 23
NOPAT Margin
-7.45% -6.10% 6.37% -3.69% -0.26% -0.65% 9.10% 4.27% 11.47% 10.35%
Net Nonoperating Expense Percent (NNEP)
-1.99% -1.67% 2.14% -1.07% -0.07% -0.20% 2.32% 1.25% 2.28% 2.25%
Return On Investment Capital (ROIC_SIMPLE)
- -2.16% - - - -0.26% - - - 3.07%
Cost of Revenue to Revenue
74.72% 75.14% 76.21% 73.72% 72.38% 74.30% 73.62% 72.88% 71.71% 73.25%
SG&A Expenses to Revenue
6.12% 4.47% 4.93% 5.92% 6.04% 7.07% 5.34% 5.10% 5.47% 5.63%
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
16.82% 14.61% 14.68% 15.78% 15.18% 14.64% 12.76% 12.03% 11.52% 11.71%
Earnings before Interest and Taxes (EBIT)
14 18 17 20 24 22 29 25 39 34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
33 37 36 38 42 39 45 41 53 48
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.55 0.60 0.41 0.39 0.34 0.36 0.32 0.52 0.62 1.03
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.61 1.71 1.57 1.58 1.53 1.60 1.58 1.84 1.98 2.54
Enterprise Value to Revenue (EV/Rev)
1.82 1.83 1.57 1.53 1.48 1.48 1.43 1.60 1.64 2.01
Enterprise Value to EBITDA (EV/EBITDA)
8.65 9.26 7.91 7.49 7.04 7.21 6.75 7.77 7.84 9.46
Enterprise Value to EBIT (EV/EBIT)
19.44 21.37 17.34 15.64 13.71 13.46 11.71 12.93 12.11 14.02
Enterprise Value to NOPAT (EV/NOPAT)
16.62 0.00 0.00 0.00 0.00 0.00 42.51 35.23 19.69 20.59
Enterprise Value to Operating Cash Flow (EV/OCF)
18.34 17.20 12.32 12.46 11.73 13.79 16.61 17.02 19.79 20.67
Enterprise Value to Free Cash Flow (EV/FCFF)
14.13 0.00 0.00 0.00 0.00 0.00 57.91 76.67 18.13 19.67
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
4.50 4.56 4.92 5.13 5.28 5.68 5.70 -12.65 -13.87 -5.64
Long-Term Debt to Equity
4.45 4.51 4.87 5.08 5.23 5.62 5.64 -12.53 -13.73 -5.58
Financial Leverage
4.41 4.08 4.34 4.47 4.65 4.74 4.99 25.99 22.86 -27.59
Leverage Ratio
10.13 9.78 10.55 11.30 11.59 12.18 13.08 62.19 56.14 -65.59
Compound Leverage Factor
0.64 1.17 -0.40 1.01 2.03 0.98 3.55 8.65 22.47 -20.47
Debt to Total Capital
81.81% 82.00% 83.11% 83.69% 84.07% 85.02% 85.07% 108.58% 107.77% 121.56%
Short-Term Debt to Total Capital
0.85% 0.84% 0.86% 0.87% 0.84% 0.89% 0.89% 1.11% 1.10% 1.24%
Long-Term Debt to Total Capital
80.97% 81.16% 82.24% 82.82% 83.23% 84.13% 84.18% 107.47% 106.67% 120.32%
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
30.73% 32.09% 32.81% 33.92% 34.32% 34.64% 36.24% 14.28% 14.12% 0.24%
Common Equity to Total Capital
-12.54% -14.10% -15.92% -17.61% -18.39% -19.66% -21.32% -22.86% -21.89% -21.80%
Debt to EBITDA
4.52 4.62 4.34 4.12 4.04 4.11 3.88 4.89 4.59 4.98
Net Debt to EBITDA
4.34 4.40 4.15 3.91 3.79 3.78 3.59 4.60 4.29 4.60
Long-Term Debt to EBITDA
4.48 4.57 4.30 4.07 4.00 4.06 3.84 4.84 4.55 4.92
Debt to NOPAT
8.69 -16.04 -13.34 -11.41 -24.05 -42.74 24.42 22.14 11.53 10.83
Net Debt to NOPAT
8.34 -15.27 -12.74 -10.83 -22.57 -39.29 22.62 20.86 10.76 10.01
Long-Term Debt to NOPAT
8.60 -15.87 -13.20 -11.29 -23.82 -42.29 24.16 21.92 11.41 10.71
Altman Z-Score
0.58 0.64 0.56 0.52 0.53 0.53 0.54 0.57 0.64 0.74
Noncontrolling Interest Sharing Ratio
162.34% 160.38% 170.22% 180.31% 190.78% 202.62% 217.49% 677.23% 610.36% -499.34%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.03 1.04 1.01 1.00 1.02 1.03 1.04 1.03 1.04 1.05
Quick Ratio
0.14 0.16 0.13 0.10 0.11 0.12 0.12 0.11 0.12 0.12
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-0.23 -13 37 22 1.63 7.90 12 -11 32 28
Operating Cash Flow to CapEx
376.68% 266.06% 548.49% 397.68% 478.29% 143.22% 201.32% 561.86% 372.61% 511.01%
Free Cash Flow to Firm to Interest Expense
-0.02 -0.78 2.07 1.24 0.08 0.38 0.56 -0.49 1.38 1.19
Operating Cash Flow to Interest Expense
1.51 1.23 1.56 1.08 1.29 0.42 0.64 1.32 0.85 1.03
Operating Cash Flow Less CapEx to Interest Expense
1.11 0.77 1.28 0.81 1.02 0.13 0.32 1.09 0.62 0.83
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.47 0.49 0.50 0.49 0.50 0.51 0.51 0.51 0.51 0.51
Accounts Receivable Turnover
10.30 9.72 9.22 10.90 11.22 11.06 10.69 12.93 12.67 13.91
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
23.04 22.15 22.30 21.64 20.49 19.04 18.25 18.33 18.23 18.11
Accounts Payable Turnover
10.48 10.63 10.45 9.27 10.19 10.72 10.72 9.43 10.11 11.17
Days Sales Outstanding (DSO)
35.43 37.55 39.60 33.50 32.53 33.01 34.13 28.23 28.82 26.25
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
34.82 34.33 34.94 39.38 35.81 34.04 34.04 38.72 36.09 32.69
Cash Conversion Cycle (CCC)
0.61 3.22 4.66 -5.88 -3.28 -1.03 0.09 -10.49 -7.27 -6.44
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
711 709 696 686 709 700 703 706 703 696
Invested Capital Turnover
0.88 0.94 0.98 1.02 1.03 1.07 1.11 1.17 1.21 1.26
Increase / (Decrease) in Invested Capital
-12 1.82 -25 -29 -2.11 -9.19 6.95 20 -6.06 -4.02
Enterprise Value (EV)
1,146 1,213 1,091 1,085 1,087 1,121 1,111 1,300 1,394 1,769
Market Capitalization
346 400 283 277 248 273 248 423 525 907
Book Value per Share
($1.20) ($1.37) ($1.45) ($1.64) ($1.78) ($1.93) ($2.11) ($2.15) ($2.16) ($2.16)
Tangible Book Value per Share
($9.89) ($10.03) ($9.64) ($9.98) ($10.42) ($10.39) ($10.52) ($10.08) ($10.29) ($10.16)
Total Capital
732 738 720 712 741 751 750 753 758 765
Total Debt
599 605 598 596 623 639 638 817 816 930
Total Long-Term Debt
593 599 592 590 617 632 631 809 808 921
Net Debt
575 576 572 566 584 587 591 770 762 861
Capital Expenditures (CapEx)
5.37 7.50 5.05 4.82 5.40 5.99 6.61 5.11 5.33 4.65
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.42 -0.37 -12 -20 -16 -16 -7.84 -15 -8.42 -6.77
Debt-free Net Working Capital (DFNWC)
25 29 15 9.64 23 36 39 32 46 63
Net Working Capital (NWC)
19 22 8.93 3.44 17 29 32 24 38 53
Net Nonoperating Expense (NNE)
-12 -9.52 12 -6.11 -0.40 -1.19 14 8.40 15 16
Net Nonoperating Obligations (NNO)
578 576 574 569 591 587 591 770 762 861
Total Depreciation and Amortization (D&A)
19 19 19 19 18 16 16 16 14 14
Debt-free, Cash-free Net Working Capital to Revenue
0.07% -0.06% -1.69% -2.85% -2.14% -2.06% -1.01% -1.88% -0.99% -0.77%
Debt-free Net Working Capital to Revenue
3.93% 4.32% 2.18% 1.36% 3.11% 4.76% 5.04% 3.92% 5.41% 7.15%
Net Working Capital to Revenue
2.94% 3.39% 1.28% 0.48% 2.26% 3.87% 4.17% 2.90% 4.43% 6.07%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.13) ($0.15) ($0.15) ($0.16) ($0.16) ($0.16) ($0.10) ($0.23) $0.07 ($0.05)
Adjusted Weighted Average Basic Shares Outstanding
77.98M 78.23M 78.13M 78.29M 78.38M 78.33M 78.02M 77.74M 77.97M 77.99M
Adjusted Diluted Earnings per Share
($0.13) ($0.15) ($0.15) ($0.16) ($0.16) ($0.16) ($0.10) ($0.23) $0.07 ($0.05)
Adjusted Weighted Average Diluted Shares Outstanding
77.98M 78.23M 78.13M 78.29M 78.38M 78.33M 78.02M 77.74M 80.10M 77.99M
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
76.00M 78.89M 76.50M 76.57M 76.72M 75.79M 80.07M 76.83M 77.17M 79.52M
Normalized Net Operating Profit after Tax (NOPAT)
9.86 13 12 13 16 15 19 23 26 23
Normalized NOPAT Margin
5.92% 7.17% 6.37% 7.35% 8.71% 7.74% 9.10% 10.56% 11.47% 10.35%
Pre Tax Income Margin
0.54% 1.24% -0.35% 0.96% 2.24% 0.91% 3.78% 1.60% 6.83% 4.62%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
1.07 1.14 0.96 1.10 1.21 1.09 1.37 1.16 1.67 1.45
NOPAT to Interest Expense
-0.92 -0.67 0.67 -0.38 -0.02 -0.06 0.90 0.43 1.12 1.02
EBIT Less CapEx to Interest Expense
0.67 0.67 0.68 0.83 0.94 0.80 1.06 0.93 1.44 1.25
NOPAT Less CapEx to Interest Expense
-1.33 -1.13 0.38 -0.65 -0.29 -0.35 0.58 0.20 0.89 0.82
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
118.72% -532.98% -834.65% -691.84% -710.73% -1,885.43% 462.85% 387.10% 173.22% 98.46%
Augmented Payout Ratio
159.11% -880.33% -1,182.87% -890.69% -862.18% -1,981.24% 483.36% 436.69% 194.65% 104.87%

Financials Breakdown Chart

Key Financial Trends

Priority Technology Holdings (NASDAQ: PRTH) showed meaningful improvement in profitability and cash generation in 2024, but the balance sheet remains highly leveraged and equity is still negative. The biggest takeaway for retail investors is that the business is producing solid operating cash flow and earnings at the operating level, yet a large debt load and preferred equity structure continue to weigh heavily on the overall financial picture.

Recent trend summary: Revenue has been growing steadily, operating margins improved in 2024, and quarterly net income turned positive in several periods. However, interest expense remains very high, and the company is still carrying negative common equity. Cash on hand also improved sharply in late 2024, aided by financing activity.

  • Revenue growth continued across 2024. Quarterly revenue rose from $205.7 million in Q1 2024 to $227.1 million in Q4 2024, up from $185.0 million in Q1 2023 and $199.3 million in Q4 2023.
  • Operating income improved materially. Q4 2024 operating income was $34.1 million, up from $22.0 million in Q4 2023 and $28.0 million in Q1 2024.
  • Operating cash flow was strong. PRTH generated $23.8 million in operating cash flow in Q4 2024, and $19.8 million in Q3 2024.
  • Net income turned positive in 2024. Consolidated net income was $7.2 million in Q4 2024 and $10.6 million in Q3 2024, versus a loss in Q4 2023.
  • Cash balance jumped sharply. Cash and equivalents increased to $41.1 million at Q3 2024 from $34.3 million at Q1 2024, and the company reported a large net cash increase in Q4 2024.
  • Cost of revenue rose more slowly than revenue in late 2024. Gross profit improved to $60.7 million in Q4 2024 from $51.2 million in Q4 2023.
  • Depreciation and amortization remain significant non-cash charges. These expenses were still meaningful in every quarter, indicating the company has a capital- and acquisition-heavy asset base.
  • Balance sheet assets expanded, but much of the value is intangible. Goodwill and intangible assets made up a large portion of total assets, which is common in acquisitive businesses but can create impairment risk.
  • Interest expense remains a major burden. Q4 2024 interest expense was $23.1 million, nearly as large as operating income, limiting bottom-line earnings.
  • Common equity is still negative. Total common equity was -$165.8 million at Q3 2024, reflecting a structurally leveraged balance sheet.
  • Total liabilities remain very high. Liabilities were $1.82 billion at Q3 2024, versus $1.76 billion of assets, leaving the company with a weak equity cushion.
  • Financing activity suggests reliance on leverage and preferred equity transactions. Q4 2024 included $114.9 million of debt issuance and a very large $111.8 million repurchase of preferred equity, highlighting ongoing capital structure complexity.

Bottom line: Priority Technology looks like a company that has improved its operating performance and is generating better cash flow, but investors should not ignore the balance sheet. The stock’s financial story is one of operational progress against a still-stressed capital structure. If earnings and cash flow continue to grow while debt is reduced, the outlook could improve further. For now, leverage and preferred equity remain the main risks.

06/06/26 08:59 PM ETAI Generated. May Contain Errors.

Priority Technology Financials - Frequently Asked Questions

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

Priority Technology's net income appears to be on an upward trend, with a most recent value of $24.02 million in 2024, falling from -$2.15 million in 2022. The previous period was -$1.31 million in 2023. Check out Priority Technology's forecast to explore projected trends and price targets.

Priority Technology's total operating income in 2024 was $133.42 million, based on the following breakdown:
  • Total Gross Profit: $238.87 million
  • Total Operating Expenses: $105.44 million

Over the last 2 years, Priority Technology's total revenue changed from $663.64 million in 2022 to $879.70 million in 2024, a change of 32.6%.

Priority Technology's total liabilities were at $1.99 billion at the end of 2024, a 32.5% increase from 2023, and a 60.6% increase since 2022.

In the past 2 years, Priority Technology's cash and equivalents has ranged from $18.45 million in 2022 to $58.60 million in 2024, and is currently $58.60 million as of their latest financial filing in 2024.

Over the last 2 years, Priority Technology's book value per share changed from -1.37 in 2022 to -2.16 in 2024, a change of 57.9%.



Financial statements for NASDAQ:PRTH last updated on 4/6/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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