Corpay, Inc.CPAY

NYSE•Technology•Software - Infrastructure

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.

Price & Volume

Key Metrics at a Glance (as of December 2025)

Market Cap: $21.39B
TTM Revenue: $4.53B
TTM EBITDA: $2.34B
P/E Ratio: 20.0x
Operating Margin: 40.9%
Free Cash Flow: $760.30M

Financial Analysis

Corpay, Inc. (CPAY) reported trailing twelve months (TTM) revenue of $4.53B as of December 2025, which represents a 13.9% increase year-over-year. The company's operating margin has contracted to 40.9% from 47.2% a year ago. In terms of profitability, CPAY generated $1.07B in net income. Valuation-wise, the stock trades at a P/E ratio of 20.0x and a Price-to-Sales (P/S) ratio of 4.7x. The company generated $760.30M in free cash flow over the last twelve months, indicating its ability to reinvest in growth or return capital to shareholders. Data based on the most recent quarterly reports.