Zacks Investment Research·20h ago
Here's Why Investors Should Add Corpay to Their Portfolios NowCorpay's strong share gains, upbeat 2026-2027 estimates, estimate revisions and organic revenue growth make it an attractive stock to consider now.
Corpay, Inc.(CPAY)Earnings, Financials & Key Ratios
CPAY•NYSE
$357.10
23.8× P/E·Price updated Jul 7, 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 Price & Volume
Corpay, Inc. (CPAY) stock price & volume — 10-year historical chart
Loading chart...
Accelerating Revenue Growth Amidst Complex Capital Allocation
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Strong
Financial:Mixed
Cash Flow:Mixed
Primary Risk:Credit loss and float volatility
Key Thesis Takeaways
- Corpay is successfully pivoting toward corporate payments, evidenced by a 25.4% revenue growth rate in 2026Q1, though this transition is complicated by significant goodwill concentration of $7.3 billion and volatile working capital requirements.
- While the company maintains a robust 43.1% operating margin, investors should monitor the sustainability of its aggressive $786 million share repurchase program in light of a $10.4 billion debt load.
- The long-term outlook remains contingent on the successful integration of acquisitions and the ability to manage credit risk within its SMB customer base.
Verdict Logic
while the forward P/E of 12.42 suggests an attractive valuation, the extreme quarterly variance in OCF/NI ratios ranging from -0.16 to 4.68 warrants caution regarding the predictability of cash generation.
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 →
Latest CPAY News
Recent stock market news and headlines for Corpay, Inc. (CPAY)
GuruFocus·Jun 30, 2026
Corpay Cross-Border Named the Official Global FX Partner of FeverCorpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, today announced that its Cross-Border business has entered into an agreement with Fever, a l
Business Wire·Jun 30, 2026
Corpay Cross-Border Named the Official Global FX Partner of FeverTORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, today announced that its Cross-Border business has entered into an agreement with Fever, a leading global live-entertainment discovery and ticketing platform that specializes in immersive experiences, candlelit concerts, and interactive pop-up events. Under the agreement, Corpay becomes Fever's exclusive and Official Global Foreign Exchange (FX) Partner. Through this partnership, Fever's global operatio.
Zacks Investment Research·Jun 29, 2026
Buy 5 Mobile Payments Stocks to Enhance Your Portfolio ReturnsV, PAY, CPAY, SEZL and RELY are five mobile payments stocks positioned to benefit from the long-term shift to cashless payments.
Zacks Investment Research·Jun 23, 2026
CPAY or MA: Which Is the Better Value Stock Right Now?Investors with an interest in Financial Transaction Services stocks have likely encountered both Corpay (CPAY) and MasterCard (MA). But which of these two stocks is more attractive to value investors?
Peers Comparison
Key metrics vs top competitors for Corpay, Inc. (CPAY)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $357.10 | $23.34B | 23.76 | 13.93% | 23.62% | 29.01% | — | |
| $153.14 | $5.31B | 18.08 | 1.24% | 11.5% | 26.96% | — | |
| $18.55 | $2.21B | 168.64 | 26.59% | 6.65% | 5.87% | — | |
| $7.10 | $2.38B | 37.37 | 7.68% | 6.76% | 10.01% | — | |
| $52.60 | $677.02M | 20.15 | -13.1% | 17.39% | 14.44% | — | |
| $352.20 | $675.68B | 34.53 | 11.34% | 51.68% | 58.9% | — |
Compare CPAY vs Peers
Corpay, Inc. (CPAY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CPAY SEC Filings & Documents
Corpay, Inc. (CPAY) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 12, 2026·SEC
Material company update
May 12, 2026·SEC
Material company update
May 7, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
6Get notified when CPAY posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
CPAY Frequently Asked Questions
Corpay, Inc. (CPAY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Corpay, Inc.'s revenue?
Corpay, Inc. (CPAY) reported $4.78B in revenue for fiscal year 2025. This represents a 434% increase from $895.2M in 2013.
How fast is Corpay, Inc. growing?
Corpay, Inc. (CPAY) grew revenue by 13.9% over the past year. This is steady growth.
Is CPAY profitable?
Yes, Corpay, Inc. (CPAY) is profitable, generating $1.18B in net income for fiscal year 2025 (23.6% net margin).
Dividend & Returns
What is CPAY's return on equity?
Corpay, Inc. (CPAY) has a return on equity (ROE) of 29.0%. This is excellent, indicating efficient use of shareholder capital.
What is Corpay, Inc.'s free cash flow?
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.