Corpay, Inc.

Corpay, Inc.

CPAY
Corpay, Inc.US flagNew York Stock Exchange
356.11
USD
+5.26
- -
23.28BMarket Cap
Corpay, Inc.
CPAY
(New York Stock Exchange)

Recent

price

356.11

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
12.24
6.45
8.49
10.94
14.22
18.5
19.78
24.69
27.42
30.66
28.44
34.53
45.33
51.37
56.51
64.57
68.88
Revenue per Share
3
1.83
2.59
3.48
4.37
3.94
4.89
8.12
9.14
10.36
8.38
10.23
12.62
13.42
14.27
15.25
16.94
Basic EPS, GAAP
3.63
3.3
1.4
4.34
6.89
7.74
7.01
6.69
9.26
12.58
16.6
13.23
7.98
26.62
25.1
18.52
18.87
Free Cash Flow per Basic Share
0.22
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
10.93
6.63
9.01
12.66
16.65
19.2
23.96
32.47
43.02
54.55
64.49
76.24
95.38
111.99
130.76
146.35
152.81
Book Value per Share
-4.79
-4.15
-5.72
-14.43
-41.28
-31.51
-40.65
-41.31
-40.67
-40.08
-41.42
-55.42
-63.37
-60.81
-74.63
-93.73
-94.1
Tangible Book Value per Share
35
81
83
82
84
92
93
91
89
86
84
82
76
73
70
70
69
Basic Weighted Avg Shares
434
520
708
895
1,199
1,703
1,832
2,250
2,433
2,649
2,389
2,834
3,427
3,758
3,975
4,528
4,784
Sales/Revenue/Turnover
39.3
43.56
45.92
46.99
47.14
39.2
41.18
39.29
44.82
46.49
40.7
43.85
42.21
44.09
44.18
43.1
42.63
Operating Margin (%)
28
31
46
66
107
190
198
265
275
274
255
284
322
337
351
393
416
Depreciation Expense
108
147
216
285
369
362
452
740
811
895
704
839
954
982
1,004
1,070
1,177
Net Income, GAAP
28.68
30.13
30.44
29.5
28.12
32.38
29.64
17.17
25.9
16.96
20.2
24.29
25.19
25.9
27.53
30.47
31.26
Effective Tax Rate (%)
24.87
28.36
30.56
31.78
30.74
21.28
24.7
32.9
33.35
33.79
29.48
29.63
27.85
26.13
25.25
23.62
24.6
Profit Margin (%)
158
-2
53
-555
-759
-303
-769
-546
-619
156
-12
198
63
259
-32
-333
-352
Working Capital
314
278
485
475
2,169
2,060
2,522
2,902
2,748
3,290
3,098
4,460
4,723
4,596
5,226
6,656
6,607
LT Debt
626
811
914
1,244
2,619
2,830
3,084
3,677
3,340
3,712
3,355
2,867
2,541
3,282
3,146
4,229
3,864
Total Equity
13.91
12.92
13.38
12.78
9.04
7.54
8.32
9.62
9.86
12.08
9.46
11.41
11.79
12.62
12.08
10.67
10.97
Return on Invested Capital (%)
15.03
16.06
15.46
14.11
10.36
8.47
9.33
12.23
11.35
11.09
8.3
8.43
8.14
8.51
7.98
7.13
7.49
Return on Capital (%)
34.16
31.96
33.64
31.86
30.23
22.86
22.7
28.59
23.95
20.98
13.9
14.38
14.17
12.75
11.54
10.99
11.74
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,301
3,346
3,754
LT Borrowings
5,822
6,656
6,607
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
70
68
66
Market Capitalization
20,245
21,107
20,208

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
10,108
13,963
14,637
Cash, Cash Equivalents & STI
2,006
2,408
2,537
Accounts Receivable, Net
4,412
2,146
2,631
Inventories
- -
- -
- -
Total Current Liabilities
8,912
14,297
14,989
Payables & Accruals
2,500
2,171
2,715
ST Debt
2,301
3,346
3,754
Deferred Revenue
3,501
8,119
7,853

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.4%
6.7%
34.41%
Free Cash Flow
20.07%
24.09%
-26.41%
Net Income, GAAP
13.16%
8.92%
6.58%
Sales/Revenue/Turnover
10.65%
13.78%
13.93%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
935
976
1,029
1,034
3,975
2025
1,006
1,102
1,172
1,248
4,528
2026
1,261
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.2
3.59
3.98
3.52
14.27
2025
3.46
4.03
3.95
3.81
15.25
2026
5.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Corpay, Inc. (NYSE: CPAY) operates as a global S&P 500 corporate payments company that provides software-driven payment solutions to help businesses and consumers manage and pay vehicle-related expenses, lodging expenses, and corporate payments in a simple, controlled manner. The company offers corporate payment products and services including accounts payable (AP) automation, commercial cards, cross-border payments, purchasing cards, travel and entertainment (T&E) cards, and virtual cards; vehicle payment solutions encompassing fuel cards, electric vehicle (EV) charging, tolls, parking, auto insurance, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers; and lodging payments solutions for workforce travel programs, airline crews and passengers, stranded travelers, insurance policyholders, and managed lodging programs. Corpay serves over 800,000 business clients across industries such as fleet management, corporate finance, hospitality, transportation, and international trade, with operations in the United States, Brazil, the United Kingdom, Europe, Canada, and over 200 countries worldwide. Founded in 2000 and headquartered in Atlanta, Georgia, Corpay delivers its solutions through proprietary networks, integrated platforms, and partnerships that emphasize cost reduction, fraud prevention, process automation, and spend analytics. In recent developments, the company completed the acquisition of GPS Capital Markets in January 2025 to enhance corporate payments for mid-market and enterprise clients; acquired Paymerang in July 2024 to expand AP automation and cross-border capabilities into sectors including education, healthcare, hospitality, and manufacturing; finalized the $2.4 billion acquisition of Alpha Group International plc in November 2025, adding global bank accounts for European investment managers with planned expansion into the US and Asia; and divested its Comdata Merchant POS Solutions business to PDI Technologies in early 2025 as part of a strategic simplification focused on core operations. Additional strategic moves include partnerships with Mastercard to extend near-real-time payments to 22 new markets and investments in AvidXchange to strengthen Fortune 500 supply chain integration, alongside a significant share repurchase program totaling nearly 40% of shares since 2016 and an upgraded fiscal 2025 revenue outlook of $5.05 billion to $5.25 billion.

Company News

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  • Corpay Taps BVNK To Offer Customers Stablecoin Settlement

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  • Corpay Q1 Earnings Call Highlights

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  • Corpay, Inc. (CPAY) Q1 2026 Earnings Call Transcript

  • Corpay (CPAY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

  • Corpay (CPAY) Q1 Earnings and Revenues Top Estimates