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May 12, 2026·SEC
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May 12, 2026·SEC
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May 7, 2026·SEC
Corpay, Inc.(CPAY)Earnings, Financials & Key Ratios
CPAY•NYSE
23.0× P/E·Price updated Jun 19, 2026
AboutCorpay, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. The company was formerly known as FLEETCOR Technologies, Inc. and changed its name to Corpay, Inc. in March 2024. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.Show more
- Revenue$4.53B+13.9%
- EBITDA$2.35B+9.7%
- Net Income$1.07B+6.6%
- EPS (Diluted)15.03+7.6%
- Gross Margin69.91%-10.5%
- EBITDA Margin51.79%-3.7%
- Operating Margin43.1%-4.1%
- Net Margin23.62%-6.5%
- ROE29.01%-7.1%
CPAY Key Insights
Corpay, Inc. (CPAY) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 31.3%
- ✓FCF machine: 28.7% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 13.6%
- ✓Healthy 5Y average net margin of 26.5%
✗Weaknesses
- ✗High debt to equity ratio of 2.4x
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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CPAY Price & Volume
Corpay, Inc. (CPAY) stock price & volume — 10-year historical chart
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CPAY Growth Metrics
Corpay, Inc. (CPAY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years10.27%
5 Years13.65%
3 Years9.73%
TTM18.26%
Profit CAGR
10 Years11.43%
5 Years8.72%
3 Years3.88%
TTM15.68%
EPS CAGR
10 Years14.59%
5 Years13.1%
3 Years6.56%
TTM17.18%
Return on Capital
10 Years16.34%
5 Years18.44%
3 Years19.36%
Last Year18.28%
CPAY Recent Earnings
Corpay, Inc. (CPAY) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$5.80+6.0%
$5.47
Rev
$1.3B+4.0%
$1.2B
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$6.04+1.5%
$5.95
Rev
$1.2B+1.1%
$1.2B
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$5.70+1.2%
$5.63
Rev
$1.2B+0.8%
$1.2B
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$5.13+0.2%
$5.12
Rev
$1.1B+0.2%
$1.1B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $5.80vs $5.47+6.0% | $1.3Bvs $1.2B+4.0% |
| Q1 2026 | Feb 4, 2026 | $6.04vs $5.95+1.5% | $1.2Bvs $1.2B+1.1% |
| Q4 2025 | Nov 5, 2025 | $5.70vs $5.63+1.2% | $1.2Bvs $1.2B+0.8% |
| Q3 2025 | Aug 6, 2025 | $5.13vs $5.12+0.2% | $1.1Bvs $1.1B+0.2% |
Based on last 12 quarters of dataView full earnings history →
CPAY Peer Comparison
Corpay, Inc. (CPAY) competitors in Payments and fintech infrastructure — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 WEX | 4.42B | 127.53 | 15.06 | 1.24% | 11.5% | 26.96% | 3.94 | |
 FLYW | 1.89B | 15.85 | 144.09 | 26.59% | 6.65% | 5.87% | ||
 PAYO | 2.35B | 7.02 | 36.95 | 7.68% | 6.76% | 10.01% | 0.10 | |
 CASS | 639.22M | 49.52 | 18.97 | -13.1% | 17.25% | 14.61% | 0.02 | |
 V | 627.79B | 327.24 | 32.08 | 11.34% | 51.68% | 58.9% | 0.66 | |
 MA | 433.57B | 489.79 | 29.65 | 16.42% | 45.88% | 205.79% | 2.45 | |
 AXP | 231.9B | 338.16 | 21.99 | 8.44% | 13.61% | 33.95% | 1.73 | |
 FIS | 19.75B | 38.21 | 50.95 | 5.43% | 22.91% | 18.45% | 0.29 |
Compare CPAY vs Peers
Corpay, Inc. (CPAY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CPAY Income Statement
Corpay, Inc. (CPAY) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 2.25B | 2.43B | 2.65B | 2.39B | 2.83B | 3.43B | 3.76B | 3.97B | 4.53B | 4.78B |
Revenue Growth % | 22.82% | 8.18% | 8.85% | -9.82% | 18.62% | 20.94% | 9.65% | 5.77% | 13.93% | 18.26% |
Cost of Goods Sold | 429.61M | 487.69M | 530.67M | 596.36M | 559.82M | 764.71M | 819.91M | 869.09M | 1.36B | 1.3B |
COGS % of Revenue | 19.1% | 20.04% | 20.03% | 24.96% | 19.76% | 22.31% | 21.82% | 21.87% | 30.09% | - |
Gross Profit | 1.82B▲ 0% | 1.95B▲ 6.9% | 2.12B▲ 8.9% | 1.79B▼ 15.4% | 2.27B▲ 26.9% | 2.66B▲ 17.1% | 2.94B▲ 10.3% | 3.11B▲ 5.7% | 3.17B▲ 1.9% | 3.48B▲ 0% |
Gross Margin % | 80.9% | 79.96% | 79.97% | 75.04% | 80.24% | 77.69% | 78.18% | 78.13% | 69.91% | 72.79% |
Gross Profit Growth % | 23.29% | 6.92% | 8.86% | -15.38% | 26.86% | 17.09% | 10.34% | 5.71% | 1.95% | - |
Operating Expenses | 936.16M | 855.1M | 886.75M | 820.23M | 1.03B | 1.22B | 1.28B | 1.32B | 1.21B | 1.43B |
OpEx % of Revenue | 41.62% | 35.14% | 33.48% | 34.34% | 36.4% | 35.48% | 34.09% | 33.17% | 26.81% | - |
Selling, General & Admin | 671.54M | 571.76M | 612.02M | 567.41M | 747.95M | 893.22M | 943.58M | 997.78M | 1.21B | 1.3B |
SG&A % of Revenue | 29.85% | 23.5% | 23.11% | 23.75% | 26.39% | 26.06% | 25.11% | 25.1% | 26.76% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 264.62M | 283.33M | 274.73M | 252.82M | 283.41M | 322.56M | 337.36M | 320.57M | 2.06M | 4M |
Operating Income | 883.76M▲ 0% | 1.09B▲ 23.4% | 1.23B▲ 12.9% | 972.26M▼ 21.0% | 1.24B▲ 27.8% | 1.45B▲ 16.4% | 1.66B▲ 14.5% | 1.79B▲ 7.9% | 1.95B▲ 9.2% | 2.06B▲ 0% |
Operating Margin % | 39.29% | 44.82% | 46.49% | 40.7% | 43.85% | 42.21% | 44.09% | 44.96% | 43.1% | 42.99% |
Operating Income Growth % | 17.19% | 23.42% | 12.9% | -21.05% | 27.8% | 16.42% | 14.53% | 7.86% | 9.22% | - |
EBITDA | 1.15B | 1.37B | 1.51B | 1.23B | 1.53B | 1.77B | 1.99B | 2.14B | 2.35B | 2.47B |
EBITDA Margin % | 51.05% | 56.1% | 56.84% | 51.37% | 53.88% | 51.62% | 53.05% | 53.8% | 51.79% | 51.69% |
EBITDA Growth % | 20.59% | 18.9% | 10.28% | -18.5% | 24.42% | 15.86% | 12.69% | 7.26% | 9.68% | 13.66% |
D&A (Non-Cash Add-back) | 264.56M | 274.61M | 274.21M | 254.8M | 284.2M | 322.28M | 336.6M | 351.09M | 393.3M | 415.94M |
EBIT | 1B | 1.23B | 1.23B | 1.01B | 1.22B | 1.44B | 1.67B | 1.77B | 1.95B | 2.07B |
Net Interest Income | -107.15M | -138.49M | -150.05M | -129.8M | -113.7M | -164.66M | -348.61M | -383.04M | -403.85M | -420.03M |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 107.15M | 138.49M | 150.05M | 129.8M | 113.7M | 164.66M | 348.61M | 383.04M | 403.85M | 420.03M |
Other Income/Expense | 9.83M | -9.3M | -153.61M | -89.74M | -133.75M | -170.98M | -331.87M | -402.04M | -410.17M | -337.43M |
Pretax Income | 893.59M▲ 0% | 1.1B▲ 22.6% | 1.08B▼ 1.6% | 882.52M▼ 18.1% | 1.11B▲ 25.6% | 1.28B▲ 15.0% | 1.33B▲ 3.9% | 1.39B▲ 4.5% | 1.54B▲ 11.3% | 1.72B▲ 0% |
Pretax Margin % | 39.72% | 45% | 40.69% | 36.94% | 39.13% | 37.22% | 35.26% | 34.85% | 34.04% | 35.94% |
Income Tax | 153.39M | 283.64M | 182.75M | 178.31M | 269.31M | 321.33M | 343.12M | 381.38M | 469.73M | 537.4M |
Effective Tax Rate % | 17.17% | 25.9% | 16.96% | 20.2% | 24.29% | 25.19% | 25.9% | 27.53% | 30.47% | 31.26% |
Net Income | 740.2M▲ 0% | 811.48M▲ 9.6% | 895.07M▲ 10.3% | 704.22M▼ 21.3% | 839.5M▲ 19.2% | 954.33M▲ 13.7% | 981.89M▲ 2.9% | 1B▲ 2.2% | 1.07B▲ 6.6% | 1.18B▲ 0% |
Net Margin % | 32.9% | 33.35% | 33.79% | 29.48% | 29.63% | 27.85% | 26.13% | 25.25% | 23.62% | 24.6% |
Net Income Growth % | 63.62% | 9.63% | 10.3% | -21.32% | 19.21% | 13.68% | 2.89% | 2.23% | 6.58% | 15.68% |
Net Income (Continuing) | 740.2M | 811.48M | 895.07M | 704.22M | 839.5M | 954.33M | 981.89M | 1B | 1.07B | 1.18B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.65M | 344.81M | 353.37M |
EPS (Diluted) | 7.91▲ 0% | 8.81▲ 11.4% | 9.94▲ 12.8% | 8.12▼ 18.3% | 9.99▲ 23.0% | 12.42▲ 24.3% | 13.20▲ 6.3% | 13.97▲ 5.8% | 15.03▲ 7.6% | 17.19▲ 0% |
EPS Growth % | 66.53% | 11.38% | 12.83% | -18.31% | 23.03% | 24.32% | 6.28% | 5.83% | 7.59% | 17.18% |
EPS (Basic) | 8.12 | 9.14 | 10.36 | 8.38 | 10.23 | 12.62 | 13.42 | 14.27 | 15.25 | - |
Diluted Shares Outstanding | 93.59M | 92.15M | 90.07M | 86.72M | 84.06M | 76.86M | 74.39M | 71.85M | 71.06M | 68.44M |
Basic Shares Outstanding | 91.13M | 88.75M | 86.4M | 84M | 82.06M | 75.6M | 73.16M | 70.33M | 70.14M | 67.54M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
CPAY Balance Sheet
Corpay, Inc. (CPAY) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 3.55B | 3.88B | 4.62B | 3.96B | 5.49B | 6.11B | 7.08B | 8.68B | 13.95B | 14.64B |
Cash & Short-Term Investments | 913.6M | 1.03B | 1.27B | 934.9M | 1.52B | 1.44B | 1.39B | 1.55B | 8.99B | 8.82B |
Cash Only | 913.6M | 1.03B | 1.27B | 934.9M | 1.52B | 1.44B | 1.39B | 1.55B | 8.99B | 8.82B |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 1.42B | 1.43B | 1.57B | 1.37B | 1.79B | 2.06B | 2.16B | 2.09B | 3.99B | 4.77B |
Days Sales Outstanding | 230.4 | 213.86 | 216.2 | 208.83 | 230.98 | 219.9 | 209.96 | 191.98 | 321.92 | 332.32 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
Other Current Assets | 1.03B | 1.22B | 1.37B | 1.24B | 1.85B | 2.61B | 3.53B | 5.03B | 966.12M | 1.05B |
Total Non-Current Assets | 7.77B | 7.33B | 7.63B | 7.24B | 7.92B | 7.98B | 8.39B | 9.28B | 12.46B | 12.03B |
Property, Plant & Equipment | 180.06M | 186.2M | 199.82M | 202.51M | 236.29M | 294.69M | 343.15M | 377.7M | 571.95M | 468.54M |
Fixed Asset Turnover | 12.49x | 13.07x | 13.26x | 11.80x | 11.99x | 11.63x | 10.95x | 10.52x | 7.92x | 9.93x |
Goodwill | 4.72B | 4.54B | 4.83B | 4.72B | 5.08B | 5.2B | 5.64B | 5.98B | 7.56B | 7.34B |
Intangible Assets | 2.72B | 2.41B | 2.34B | 2.12B | 2.34B | 2.13B | 2.09B | 2.41B | 3.24B | 3.06B |
Long-Term Investments | 32.86M | 42.67M | 30.44M | 7.48M | 52.02M | 74.28M | 69.52M | 60.09M | 943.84M | 1.95B |
Other Non-Current Assets | 114.96M | 147.63M | 224.78M | 193.21M | 213.93M | 281.73M | 248.69M | 448.26M | 137.75M | 266.45M |
Total Assets | 11.32B▲ 0% | 11.2B▼ 1.0% | 12.25B▲ 9.3% | 11.19B▼ 8.6% | 13.4B▲ 19.7% | 14.09B▲ 5.1% | 15.48B▲ 9.8% | 17.96B▲ 16.0% | 26.41B▲ 47.1% | 26.66B▲ 0% |
Asset Turnover | 0.20x | 0.22x | 0.22x | 0.21x | 0.21x | 0.24x | 0.24x | 0.22x | 0.17x | 0.21x |
Asset Growth % | 17.57% | -1.02% | 9.34% | -8.6% | 19.74% | 5.11% | 9.84% | 16.03% | 47.06% | 128.94% |
Total Current Liabilities | 4.1B | 4.5B | 4.46B | 3.97B | 5.29B | 6.04B | 6.83B | 8.71B | 14.3B | 14.99B |
Accounts Payable | 1.44B | 1.12B | 1.25B | 1.05B | 1.41B | 1.57B | 1.62B | 1.57B | 1.56B | 2.1B |
Days Payables Outstanding | 1.22K | 836.47 | 859.48 | 645.39 | 916.94 | 748.87 | 723.4 | 659.55 | 419.13 | 533.25 |
Short-Term Debt | 1.62B | 2.07B | 1.75B | 1.21B | 1.52B | 2.31B | 2.13B | 2.77B | 3.37B | 3.75B |
Deferred Revenue (Current) | 732.17M | 926.68M | 1.01B | 1.18B | 1.79B | 1.51B | 2.4B | 3.27B | 0 | 7.64B |
Other Current Liabilities | 71.03M | 118.67M | 183.5M | 250.13M | 208.61M | 303.52M | 320.61M | 656.42M | 9.1B | 9.13B |
Current Ratio | 0.87x | 0.86x | 1.03x | 1.00x | 1.04x | 1.01x | 1.04x | 1.00x | 0.98x | 0.98x |
Quick Ratio | 0.87x | 0.86x | 1.03x | 1.00x | 1.04x | 1.01x | 1.04x | 1.00x | 0.98x | 0.98x |
Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | -200.94 |
Total Non-Current Liabilities | 3.55B | 3.37B | 4.07B | 3.87B | 5.25B | 5.5B | 5.37B | 6.1B | 7.88B | 7.81B |
Long-Term Debt | 2.9B | 2.75B | 3.29B | 3.1B | 4.46B | 4.72B | 4.6B | 5.23B | 6.66B | 6.61B |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85.29M | 85.29M |
Deferred Tax Liabilities | 518.91M | 491.95M | 519.98M | 498.15M | 566.29M | 527.47M | 470.23M | 439.18M | 614.35M | 1.96B |
Other Non-Current Liabilities | 125.32M | 126.71M | 263.93M | 275.12M | 221.39M | 254.01M | 301.75M | 437.88M | 526.99M | 609.26M |
Total Liabilities | 7.64B | 7.86B | 8.54B | 7.84B | 10.54B | 11.55B | 12.19B | 14.81B | 22.18B | 22.8B |
Total Debt | 4.52B | 4.82B | 5.04B | 4.3B | 5.98B | 7.04B | 6.72B | 8B | 10.12B | 10.36B |
Net Debt | 3.61B | 3.79B | 3.77B | 3.37B | 4.46B | 5.6B | 5.33B | 6.44B | 1.12B | 1.54B |
Debt / Equity | 1.23x | 1.44x | 1.36x | 1.28x | 2.09x | 2.77x | 2.05x | 2.54x | 2.39x | 2.68x |
Debt / EBITDA | 3.93x | 3.53x | 3.35x | 3.51x | 3.92x | 3.98x | 3.37x | 3.74x | 4.31x | 4.19x |
Net Debt / EBITDA | 3.14x | 2.77x | 2.50x | 2.75x | 2.92x | 3.17x | 2.68x | 3.01x | 0.48x | 0.62x |
Interest Coverage | 9.34x | 8.91x | 8.18x | 7.80x | 10.75x | 8.75x | 4.80x | 4.62x | 4.82x | 4.92x |
Total Equity | 3.68B▲ 0% | 3.34B▼ 9.1% | 3.71B▲ 11.1% | 3.36B▼ 9.6% | 2.87B▼ 14.6% | 2.54B▼ 11.3% | 3.28B▲ 29.2% | 3.15B▼ 4.2% | 4.23B▲ 34.4% | 3.86B▲ 0% |
Equity Growth % | 19.21% | -9.15% | 11.12% | -9.6% | -14.57% | -11.34% | 29.15% | -4.15% | 34.41% | 120.19% |
Book Value per Share | 39.28 | 36.25 | 41.21 | 38.69 | 34.10 | 33.07 | 44.13 | 43.79 | 59.51 | 56.45 |
Total Shareholders' Equity | 3.68B | 3.34B | 3.71B | 3.36B | 2.87B | 2.54B | 3.28B | 3.12B | 3.88B | 3.51B |
Common Stock | 122K | 123K | 124K | 126K | 127K | 128K | 129K | 131K | 132K | 132K |
Retained Earnings | 2.96B | 3.82B | 4.71B | 5.42B | 6.26B | 7.21B | 8.19B | 9.2B | 10.26B | 10.61B |
Treasury Stock | -944.89M | -1.87B | -2.52B | -3.45B | -4.8B | -6.21B | -6.89B | -8.17B | -8.96B | -9.75B |
Accumulated OCI | -551.86M | -913.86M | -972.47M | -1.36B | -1.46B | -1.51B | -1.29B | -1.71B | -1.39B | -1.36B |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.65M | 344.81M | 353.37M |
CPAY Cash Flow Statement
Corpay, Inc. (CPAY) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 680.06M | 903.38M | 1.16B | 1.47B | 1.2B | 754.8M | 2.1B | 1.94B | 1.5B | 1.52B |
Operating CF Margin % | 30.23% | 37.12% | 43.87% | 61.64% | 42.24% | 22.02% | 55.92% | 48.82% | 33.12% | - |
Operating CF Growth % | -3.98% | 32.84% | 28.64% | 26.72% | -18.71% | -36.95% | 178.37% | -7.64% | -22.71% | -34.81% |
Net Income | 740.2M | 811.48M | 895.07M | 704.22M | 839.5M | 954.33M | 981.89M | 1B | 1.07B | 1.18B |
Depreciation & Amortization | 264.56M | 274.61M | 274.21M | 254.8M | 284.2M | 322.28M | 336.6M | 351.09M | 393.3M | 421.96M |
Stock-Based Compensation | 93.3M | 69.94M | 60.95M | 43.38M | 80.07M | 121.42M | 116.09M | 116.72M | 102.64M | 84.27M |
Deferred Taxes | -247.71M | -2.75M | 37.88M | 15.67M | 11.03M | -33.17M | -46.68M | -64.72M | -27.9M | -373K |
Other Non-Cash Items | -66.78M | -65.18M | 83.41M | 133.04M | 60.15M | 142.44M | 119.33M | 85.89M | 122.34M | -417.13M |
Working Capital Changes | -103.51M | -184.72M | -189.46M | 321.48M | -77.88M | -752.5M | 593.9M | 447.85M | -162.42M | 251.69M |
Change in Receivables | -431M | -159.02M | -196.03M | 264.14M | -731.14M | -598.67M | -210.26M | -176.93M | 0 | 1.5B |
Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Change in Payables | 0 | 0 | 198.76M | -83.25M | 480.51M | -83.95M | 713.98M | 663.22M | 0 | -126.4M |
Cash from Investing | -497.8M | -26.27M | -523.7M | -106.25M | -715.93M | -368.35M | -380.72M | -807.48M | 1.23B | 1.78B |
Capital Expenditures | -70.09M | -81.39M | -75.17M | -78.42M | -111.53M | -151.43M | -153.82M | -175.18M | -200.76M | -207.08M |
CapEx % of Revenue | 3.12% | 3.34% | 2.84% | 3.28% | 3.94% | 4.42% | 4.09% | 4.41% | 4.43% | 4.33% |
Acquisitions | -388.76M | 77.89M | -448.28M | -80.79M | -602.12M | -216.92M | -231.3M | -636.42M | 1.93B | 2.51B |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -38.95M | -22.77M | -255K | 0 | -2.28M | 0 | 4.4M | 4.12M | -505.67M | -535.08M |
Cash from Financing | 251.94M | -577.82M | -310.17M | -1.42B | 343.93M | -311.23M | -898.21M | 404.99M | 1.56B | 1B |
Debt Issued (Net) | 622.09M | 329.24M | 218.63M | -700.71M | 1.69B | 1.06B | -322.43M | 1.27B | 1.98B | 2.17B |
Equity Issued (Net) | -357.7M | -903.02M | -525.98M | -713.11M | -1.31B | -1.36B | -573.12M | -859.77M | -715.05M | -1.46B |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -402.39M | -958.7M | -694.91M | -849.91M | -1.36B | -1.41B | -686.86M | -1.29B | -782.82M | -1.51B |
Other Financing | -12.45M | -4.04M | -2.82M | -2.98M | -39.73M | -10.63M | -2.66M | -6.47M | 299.07M | 300.31M |
Net Change in Cash | 487.1M▲ 0% | 234.02M▼ 52.0% | 310.34M▲ 32.6% | -198.62M▼ 164.0% | 774.08M▲ 489.7% | 38.48M▼ 95.0% | 852.36M▲ 2114.8% | 1.31B▲ 54.3% | 4.54B▲ 245.0% | 4.43B▲ 0% |
Free Cash Flow | 609.97M▲ 0% | 822M▲ 34.8% | 1.09B▲ 32.2% | 1.39B▲ 28.3% | 1.09B▼ 22.1% | 603.37M▼ 44.4% | 1.95B▲ 222.7% | 1.77B▼ 9.3% | 1.3B▼ 26.4% | 1.31B▲ 0% |
FCF Margin % | 27.12% | 33.78% | 41.03% | 58.36% | 38.31% | 17.61% | 51.82% | 44.42% | 28.69% | 27.39% |
FCF Growth % | -6.04% | 34.76% | 32.23% | 28.27% | -22.14% | -44.42% | 222.74% | -9.34% | -26.41% | -2.03% |
FCF per Share | 6.52 | 8.92 | 12.07 | 16.08 | 12.91 | 7.85 | 26.18 | 24.57 | 18.28 | 19.15 |
FCF Conversion (FCF/Net Income) | 0.92x | 1.11x | 1.30x | 2.09x | 1.43x | 0.79x | 2.14x | 1.93x | 1.40x | 1.11x |
Interest Paid | 113.42M | 156.75M | 178.42M | 126.46M | 132.5M | 229.64M | 448.38M | 496.1M | 0 | 238.35M |
Taxes Paid | 392.19M | 207.5M | 200.53M | 165.31M | 229.72M | 358.23M | 408.34M | 374.04M | 0 | 266.66M |
CPAY Key Ratios
Corpay, Inc. (CPAY) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 21.9% | 23.13% | 25.39% | 19.93% | 26.98% | 35.29% | 33.72% | 31.23% | 29.01% | 29.09% |
Return on Invested Capital (ROIC) | 9.64% | 11.35% | 12.65% | 10.27% | 13.27% | 14.03% | 14.83% | 14.73% | 19.6% | 19.97% |
Gross Margin | 80.9% | 79.96% | 79.97% | 75.04% | 80.24% | 77.69% | 78.18% | 78.13% | 69.91% | 72.79% |
Net Margin | 32.9% | 33.35% | 33.79% | 29.48% | 29.63% | 27.85% | 26.13% | 25.25% | 23.62% | 24.6% |
Debt / Equity | 1.23x | 1.44x | 1.36x | 1.28x | 2.09x | 2.77x | 2.05x | 2.54x | 2.39x | 2.68x |
Interest Coverage | 9.34x | 8.91x | 8.18x | 7.80x | 10.75x | 8.75x | 4.80x | 4.62x | 4.82x | 4.92x |
FCF Conversion | 0.92x | 1.11x | 1.30x | 2.09x | 1.43x | 0.79x | 2.14x | 1.93x | 1.40x | 1.11x |
Revenue Growth | 22.82% | 8.18% | 8.85% | -9.82% | 18.62% | 20.94% | 9.65% | 5.77% | 13.93% | 18.26% |
Related:CPAY Dividend History·CPAY Revenue History·CPAY Price History·CPAY P/E History·CPAY Financial Ratios·CPAY Institutional Holders
CPAY SEC Filings & Documents
Corpay, Inc. (CPAY) SEC filings — annual & quarterly reports (10-K, 10-Q)
CPAY Frequently Asked Questions
Corpay, Inc. (CPAY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Corpay, Inc. (CPAY) reported $4.78B in revenue for fiscal year 2025. This represents a 434% increase from $895.2M in 2013.
Corpay, Inc. (CPAY) grew revenue by 13.9% over the past year. This is steady growth.
Yes, Corpay, Inc. (CPAY) is profitable, generating $1.18B in net income for fiscal year 2025 (23.6% net margin).
Dividend & Returns
Corpay, Inc. (CPAY) has a return on equity (ROE) of 29.0%. This is excellent, indicating efficient use of shareholder capital.
Corpay, Inc. (CPAY) generated $1.31B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.