Corpay, Inc. CPAY SPX
Technology · Software - Infrastructure · United States
Corpay, Inc. operates as a payments company that helps businesses and consumers to manage and pay their expenses. It operates through Corporate Payments, Vehicle Payments, Lodging Payments, and Other segments. The company offers vehicle payment solutions for fuel, tolls and parking, vehicle compliance, auto insurance and road assistance, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions, such as cross-border payments, spend management solutions, AP modernization, virtual cards, and purchasing and T&E cards. Additionally, it offers lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; workforce lodging solutions for business travel programs; airline logistics, crew management, insurance, and other payments solutions. Further, 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 June 2002. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.
READ MORE ›$361.80
+11.29% 1Y
Market & Price
Market Cap
$23.65B
Current Price
$361.80
High / Low (52W)
$361.80 / $255.00
Beta
0.82
Valuation
Stock P/E
21.64
Industry PE
32.74
Forward P/E
11.82
PEG Ratio
0.85
Book Value
$53.08
Price to Book
6.82
P/S
4.94
EV/EBITDA
12.52
Dividend Yield
-
Profitability & Returns
ROCE
16.06%
ROE
32.12%
ROA
6.19%
Profit Margin
24.60%
Op Margin
41.40%
EPS (Latest Qtr)
$5.07
EPS (TTM)
$16.72
Balance Sheet & Liquidity
Debt/Equity
2.71
Quick Ratio
0.49
Current Ratio
0.98
Debt
$10.48B
Total Assets
$26.41B
Current Assets
$13.96B
Working Capital
$-333.44M
Ownership
Promoter Holding
3.86%
Chg in Prom Hold
-0.03%
FII / Inst Holding
102.28%
Chg in FII Hold
0.00%
Financial Snapshot
Enterprise Value
$31.93B
Total Revenue (TTM)
$4.78B
EBITDA
$2.55B
Free Cash Flow
$2.10B
Operating Cash Flow
$1.52B
Shares Outstanding
65.36M
Gross Margin
79.71%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
9.73%
Profit 5Y
3.88%
Revenue (YoY)
25.40%
Earnings (YoY)
49.10%
PROS
- Strong return on equity of 32.1%.
- Excellent profit margin of 24.6%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | CPAY Corpay, Inc. SPX | 361.80 | 21.64 | $23.65B | - | 16.06% | 32.12% | 9.73% | 3.88% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
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Quarterly Results
Figures in USD.
| Metric | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | 520.43M | - | - | - | 585.50M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01B | 1.10B | 1.17B | 1.25B | 1.26B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 221.84M | 238.52M | 248.76M | 260.06M | 272.06M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 783.82M | 863.51M | 923.72M | 988.17M | 988.92M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 356.70M | 384.12M | 400.60M | 465.96M | 474.18M |
| Operating Income | 146.15M | 175.96M | 171.17M | 191.06M | 215.97M | 195.07M | 216.04M | 232.64M | 240.01M | 260.09M | 264.78M | 281.09M | 284.74M | 284.18M | 297.32M | 329.14M | 320.80M | 200.98M | 212.81M | 264.53M | 293.94M | 265.96M | 297.61M | 338.69M | 340.29M | 317.72M | 370.48M | 389.17M | 375.19M | 412.65M | 444.98M | 397.34M | 433.34M | - | - | 427.12M | 479.39M | 523.12M | 522.21M | 514.74M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 513.62M | 581.31M | 614.90M | 629.00M | 729.94M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 93.92M | 96.87M | 100.03M | 113.02M | 110.10M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 327.51M | 393.09M | 421.70M | 399.38M | 505.02M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 83.64M | 109.01M | 143.32M | 133.76M | 151.30M |
| Net Income | 52.83M | 111.09M | 116.25M | 129.62M | 95.42M | 123.69M | 130.99M | 202.82M | 282.70M | 174.94M | 176.85M | 157.69M | 302.00M | 172.11M | 261.65M | 225.81M | 235.51M | 147.06M | 158.49M | 188.82M | 209.85M | 217.95M | 196.25M | 234.01M | 225.00M | 217.95M | 262.17M | 248.88M | 214.84M | 239.70M | 271.50M | 229.77M | 251.62M | - | - | 243.23M | 284.17M | 277.94M | 264.48M | 350.07M |
| Diluted EPS | 0.56 | 1.17 | 1.22 | 1.36 | 1.00 | 1.31 | 1.39 | 2.18 | 3.05 | 1.88 | 1.91 | 1.71 | 3.33 | 1.93 | 2.90 | 2.49 | 2.60 | 1.67 | 1.83 | 2.19 | 2.44 | 2.15 | 2.30 | 2.80 | 2.74 | 2.75 | 3.35 | 3.29 | 2.88 | 3.20 | 3.64 | 3.12 | 3.52 | - | - | 3.40 | 3.98 | 3.91 | 3.75 | 5.07 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 1.83B | 2.25B | 2.43B | 2.65B | 2.39B | - | 3.43B | 3.76B | 3.97B | 4.53B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 764.71M | 819.91M | 869.09M | 969.18M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.66B | 2.94B | 3.11B | 3.56B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.22B | 1.28B | 1.35B | 1.61B |
| Operating Income | 146.04M | 170.49M | 226.33M | 324.93M | 420.63M | 565.45M | 667.53M | 754.15M | 883.76M | 1.09B | 1.23B | 972.26M | - | 1.45B | 1.66B | 1.76B | 1.95B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.76B | 2.01B | 2.12B | 2.34B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 164.66M | 348.61M | 383.04M | 403.85M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.28B | 1.33B | 1.39B | 1.54B |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 321.33M | 343.12M | 381.38M | 469.73M |
| Net Income | 89.05M | 107.90M | 147.34M | 216.20M | 284.50M | 368.71M | 362.43M | 452.38M | 740.20M | 811.48M | 895.07M | 704.22M | - | 954.33M | 981.89M | 1.00B | 1.07B |
| Diluted EPS | 1.13 | 1.34 | 1.76 | 2.52 | 3.36 | 4.24 | 3.85 | 4.75 | 7.91 | 8.81 | 9.94 | 8.12 | - | 12.42 | 13.20 | 13.97 | 15.03 |
Compounded Sales Growth
| 5 Years: | 9.73% |
| 1 Year: | 25.40% |
Compounded Profit Growth
| 5 Years: | 3.88% |
| 1 Year: | 49.10% |
Stock Price Performance
| 1 Year: | +11.29% |
| 6 Months: | +23.91% |
| 3 Months: | +11.29% |
| 1 Month: | +17.86% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.48B | 2.35B | 2.72B | 3.93B | 8.52B | 7.89B | 9.63B | 11.32B | 11.20B | 12.25B | 11.19B | - | 14.09B | 15.14B | 15.44B | 15.67B | 15.48B | 17.96B | 26.41B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.11B | - | - | - | 7.08B | 8.68B | 13.96B |
| Cash & Equivalents | 70.36M | 84.70M | 114.80M | 285.16M | 283.65M | 338.11M | 477.07M | 447.15M | 475.02M | 913.60M | 1.03B | 1.27B | 934.90M | - | 1.44B | - | - | - | 1.39B | 1.55B | 2.41B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.06B | - | - | - | 2.16B | 2.09B | 2.15B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.55B | - | - | - | 12.19B | 14.81B | 22.18B |
| Current Liabilities | - | - | 461.12M | 1.13B | 1.14B | 1.91B | 2.90B | 2.25B | 3.30B | 4.10B | 4.50B | 4.46B | 3.97B | - | 6.04B | 6.75B | 6.70B | 7.14B | 6.83B | 8.71B | 14.30B |
| Long Term Debt | - | - | 313.80M | 278.43M | 485.22M | 474.94M | - | - | - | - | - | - | - | - | 4.72B | - | - | - | 4.60B | 5.23B | 6.66B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.04B | - | - | - | 6.72B | 8.00B | 10.00B |
| Total Equity | 273.26M | 474.05M | 625.95M | 811.44M | 913.82M | 1.22B | 2.62B | 2.83B | 3.08B | 3.68B | 3.34B | 3.71B | 3.36B | - | 2.54B | 2.88B | 3.26B | 3.06B | 3.28B | 3.12B | 3.88B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 127.80M | - | - | - | 128.76M | 131.43M | 132.19M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 178.79M | 139.75M | 279.62M | 135.46M | 375.69M | 608.33M | 754.58M | 708.22M | 680.06M | 903.38M | 1.16B | 1.47B | - | 754.80M | 2.10B | 1.94B | 1.50B |
| Investing Cash Flow | -240.77M | -21.22M | -347.22M | -209.56M | -749.13M | -2.59B | -99.41M | -1.39B | -497.80M | -26.27M | -523.70M | -106.25M | - | -368.35M | -380.72M | -807.48M | 1.23B |
| Financing Cash Flow | 72.24M | -86.54M | 236.22M | 61.99M | 435.73M | 2.16B | -648.07M | 753.97M | 251.94M | -577.82M | -310.17M | -1.42B | - | -311.23M | -898.21M | 404.99M | 1.56B |
| Capital Expenditure | -9.68M | -11.19M | -13.45M | -19.11M | -20.79M | -27.07M | -41.88M | -59.01M | -70.09M | -81.39M | -75.17M | -78.42M | - | -151.43M | -153.82M | -175.18M | -200.76M |
| Free Cash Flow | 169.11M | 128.56M | 266.17M | 116.35M | 354.90M | 581.26M | 712.71M | 649.21M | 609.97M | 822.00M | 1.09B | 1.39B | - | 603.37M | 1.95B | 1.77B | 1.30B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | 75.22M | 822.20M | 1.54B | 4.29B |
| Share Buybacks | - | - | 443.00K | 200.00M | - | 0 | 0 | 187.68M | 402.39M | 958.70M | 694.91M | 849.91M | 1.36B | 1.41B | 686.86M | 1.29B | 782.82M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | 77.7% | 78.2% | 78.1% | 78.6% |
| Operating Margin % | - | - | - | - | - | - | - | 41.2% | 39.3% | 44.8% | 46.5% | 40.7% | - | 42.2% | 44.1% | 44.2% | 43.1% |
| Net Margin % | - | - | - | - | - | - | - | 24.7% | 32.9% | 33.3% | 33.8% | 29.5% | - | 27.8% | 26.1% | 25.3% | 23.6% |
| ROE % | 18.8% | 17.2% | 18.2% | 23.7% | 23.3% | 14.1% | 12.8% | 14.7% | 20.1% | 24.3% | 24.1% | 21.0% | - | 37.5% | 29.9% | 32.1% | 27.5% |
| ROCE % | - | 16.7% | 18.5% | 20.6% | 20.8% | 10.0% | 11.8% | 11.9% | 12.2% | 16.3% | 15.8% | 13.5% | - | 18.0% | 19.2% | 19.0% | 16.1% |
Shareholding Pattern
Insiders
3.86%
Institutions
102.28%
Public Float
106.39%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 9.45% | 6.17M | $2.23B |
| 2 | Orbis Allan Gray Ltd | 8.18% | 5.35M | $1.93B |
| 3 | JPMORGAN CHASE & CO | 7.38% | 4.82M | $1.74B |
| 4 | Vanguard Capital Management LLC | 6.77% | 4.43M | $1.60B |
| 5 | Vanguard Portfolio Management LLC | 4.58% | 2.99M | $1.08B |
| 6 | State Street Corporation | 4.50% | 2.94M | $1.06B |
| 7 | FMR, LLC | 4.13% | 2.70M | $975.75M |
| 8 | Boston Partners | 3.70% | 2.42M | $875.84M |
| 9 | Price (T.Rowe) Associates Inc | 3.44% | 2.25M | $814.44M |
| 10 | Geode Capital Management, LLC | 2.98% | 1.95M | $704.08M |
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