First Data Corporation

First Data Corporation, a global leader in electronic commerce and payment processing, is headquartered in Atlanta, Georgia. Around the world, every second of every day, First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond the transaction.

Serving more than 6 million merchants and over 4,000 financial institutions worldwide, First Data's product portfolio includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card issuing and processing; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR® Network enables consumers to use their ATM / debit cards to obtain cash and make purchases quickly and securely throughout the United States. STAR is one of the nation’s leading electronic funds transfer (EFT) networks, with more than 2 million retail and ATM locations.

Company Structure First Data Corporation is a global provider of electronic commerce and payment solutions for merchants, financial institutions, and card issuers with operations in 34 countries, serving approximately 6.2 million merchant locations. We were incorporated in Delaware in 1989 and were the subject of an initial public offering in connection with a spin-off from American Express in 1992. On September 24, 2007, we were acquired through a merger transaction with an entity controlled by affiliates of Kohlberg Kravis Roberts & Co. (KKR) that resulted in our equity becoming privately held.

Type
Public
HQ
Atlanta, US
Founded
1971
Size (employees)
24,000 (est)
First Data Corporation was founded in 1971 and is headquartered in Atlanta, US

Key People at First Data Corporation

Frank Bisignano

Frank Bisignano

Chairman and Chief Executive Officer
Guy Chiarello

Guy Chiarello

President
Dan Charron

Dan Charron

Executive Vice President, Head of Global Business Solutions
Ivo Distelbrink

Ivo Distelbrink

Executive Vice President, Head of Asia Pacific Region
Christopher Foskett

Christopher Foskett

Executive Vice President, Head of Corporate & Business Development
Andrew Gelb

Andrew Gelb

Executive Vice President, Head of Global Financial Solutions
Christine Larsen

Christine Larsen

Executive Vice President, Chief Operations Officer
Anthony Marino

Anthony Marino

Executive Vice President and Head of Human Resources
Michael Neborak

Michael Neborak

Executive Vice President, Head of EMEA Region
Himanshu Patel

Himanshu Patel

Executive Vice President, Chief Financial Officer
Adam Rosman

Adam Rosman

Executive Vice President and General Counsel
Barry McCarthy

Barry McCarthy

Executive Vice President, Network and Security Solutions
Tom Higgins

Tom Higgins

Executive Vice President, Chief Administrative Officer
Cindy Armine-Klein

Cindy Armine-Klein

Executive Vice President, Chief Control Officer

First Data Corporation Office Locations

First Data Corporation has offices in Atlanta, Marietta, Nuremberg, Wilmington and in 111 other locations
Atlanta, US (HQ)
2000 5565 Glenridge Con

First Data Corporation Metrics

First Data Corporation Financial Metrics

Revenue (2016)

$11.6 b

Revenue growth (2015-16), %

1%

Gross profit

$11.2 b

Gross profit margin (2016), %

97%

Net income (2016)

$660 m

Market capitalization (21-Mar-2017)

$14.2 b

Closing share price (21-Mar-2017)

$15.6

Cash (31-Dec-2016)

$385 m
First Data Corporation's current market capitalization is $14.2 b.
First Data Corporation's revenue was reported to be $11.6 b in FY, 2016 which is a 1.2% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$10.8 b$11.2 b$11.5 b$11.6 b

Revenue growth, %

3%3%1%

Cost of goods sold

$334 m$330 m$356 m$337 m

Gross profit

$10.5 b$10.8 b$11.1 b$11.2 b

Gross profit Margin, %

97%97%97%97%

Operating expense total

$9.7 b$9.7 b$10.3 b$10 b

EBIT

$1.1 b$1.4 b$1.2 b$1.6 b

EBIT margin, %

10%13%10%14%

Interest expense

$1.9 b$1.7 b$1.5 b$1.1 b

Income tax expense

$86.5 m$82 m$101 m$81 m

Net Income

($692.1 m)($1.3 b)($265 m)$660 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$425.3 m$358.4 m$429 m$385 m

Inventories

$360 m

Current Assets

$10.1 b$10 b$10.8 b$17.4 b

Goodwill

$17.2 b$17 b$16.8 b$16.7 b

Total Assets

$35.2 b$34.3 b$34.4 b$40.3 b

Accounts Payable

$287.8 m$280.3 m

Total Debt

$22.6 b$20.7 b$18.7 b$18.1 b

Current Liabilities

$9.6 b$9.5 b$10.6 b$16.7 b

Additional Paid-in Capital

$7.4 b$9.9 b$12.9 b$13.1 b

Total Equity

$1.7 b$2.6 b$3.7 b$4.1 b

Debt to Equity Ratio

13.3 x7.8 x5.1 x4.4 x

Debt to Assets Ratio

0.6 x0.6 x0.5 x0.4 x

Financial Leverage

20.8 x12.9 x9.4 x9.8 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($692.1 m)($1.3 b)($265 m)$660 m

Cash From Operating Activities

$672.7 m$1 b$795 m$2.1 b

Purchases of PP&E

($194.1 m)($308 m)($282 m)($232 m)

Cash From Investing Activities

($353.1 m)($328.8 m)($685 m)($387 m)

Long-term Borrowings

($92.2 m)($2.3 b)($11.6 b)($5.1 b)

Cash From Financing Activities

($490.1 m)($721 m)($16 m)($1.7 b)

Interest Paid

$1.7 b$1.8 b$1 b

First Data Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
AcculynkMarch 21, 2017
AcculynkMarch 17, 2017

First Data Corporation Market Value History

First Data Corporation Online Presence

First Data Corporation Company Life

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