Worldpay, Inc., through its subsidiary, Vantiv Holding, LLC, provides electronic payment processing services to merchants and financial institutions in the United States. It operates through two segments, Merchant Services and Financial Institution Services. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management to national merchants, and regional and small-to-mid sized businesses. This segment also provides value-added services, such as omni-channel acceptance, prepaid services, and gift card solutions; and security solutions, including point-to-point encryption and tokenization at the point of sale and for e-commerce transactions. The Financial Institution Services segment offers card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine driving, portfolio optimization, data analytics, and card program marketing, as well as network gateway and switching services. It also provides statement production, and collections and inbound/outbound call centers for credit transactions, as well as other services, which include credit card portfolio analytics, program strategy and support, fraud and security management, and chargeback and dispute services. This segment serves financial institutions comprising regional banks, community banks, credit unions, and regional personal identification number networks. It markets its services through various distribution channels, including national, regional, and mid-market sales teams, as well as through third-party reseller clients and telesales operation. The company was formerly known as Vantiv, Inc. and changed its name to Worldpay, Inc. in January 2018. Worldpay, Inc. was incorporated in 2009 and is headquartered in Cincinnati, Ohio.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
SymbolNYSE:WP
CUSIP92210H10
Phone513-900-5250
Debt
Debt-to-Equity Ratio9.31%
Current Ratio0.75%
Quick Ratio0.75%
Price-To-Earnings
Trailing P/E Ratio26.19
Forward P/E RatioN/A
P/E Growth1.48
Sales & Book Value
Annual Sales$4.03 billion
Price / Sales3.59
Cash Flow$5.2968 per share
Price / Cash15.33
Book Value$3.38 per share
Price / Book24.02
Profitability
EPS (Most Recent Fiscal Year)$3.10
Net Income$130.11 million
Net Margins3.23%
Return on Equity52.03%
Return on Assets7.80%
Miscellaneous
Employees3,661
Outstanding Shares177,850,000
