Corpay, 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, vehicle compliance, 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 AP automation; virtual cards, cross-border solutions; and purchasing and T&E 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; workforce lodging solutions for business travel programs; airline logistics, crew management, insurance, and other payments solutions. 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.
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.
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