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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.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Corpay Inc operates a B2B payments platform offering domestic and cross-border corporate payments, accounts-payable automation, card solutions and foreign-exchange services. Long-term growth may be supported by digitization of treasury and AP processes, rising cross-border commerce and scale benefits from transaction volume, making the company attractive for recurring transaction revenues and exposure to electronic payments adoption.
Material risks include intense competition from banks and fintechs, regulatory and compliance burdens across jurisdictions, foreign-exchange and margin volatility, and sensitivity of transaction volumes to economic cycles.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 1541.68M | 1385.11M | 1325.01M | 1275.66M | 1108.81M |
| Minority interest | -2.12M | 0.01M | 0.00M | 0.00M | - |
| Net income | 1069.83M | 1003.75M | 981.89M | 954.33M | 839.50M |
| Selling general administrative | 733.03M | 616.87M | 603.42M | 584.13M | 485.83M |
| Selling and marketing expenses | 478.99M | 380.91M | 340.16M | 309.08M | 262.12M |
| Gross profit | 3165.92M | 3105.50M | 2937.81M | 2662.42M | 2273.92M |
| Reconciled depreciation | 393.30M | 351.09M | 336.60M | 322.28M | 284.20M |
| Ebit | 1945.53M | 1768.16M | 1673.61M | 1440.32M | 1222.51M |
| Ebitda | 2338.83M | 2119.24M | 2010.22M | 1762.60M | 1506.71M |
| Depreciation and amortization | 393.30M | 351.09M | 336.60M | 322.28M | 284.20M |
| Operating income | 1951.85M | 1787.16M | 1656.87M | 1446.64M | 1242.56M |
| Other operating expenses | 2576.56M | 2187.43M | 2100.85M | 1980.49M | 1591.18M |
| Interest expense | 403.85M | 383.04M | 348.61M | 164.66M | 113.70M |
| Tax provision | 469.73M | 381.38M | 343.12M | 321.33M | 269.31M |
| Net interest income | -403.85M | -383.04M | -348.61M | -164.66M | -113.70M |
| Income tax expense | 469.73M | 381.38M | 343.12M | 321.33M | 269.31M |
| Total revenue | 4528.40M | 3974.59M | 3757.72M | 3427.13M | 2833.74M |
| Total operating expenses | 1214.08M | 1318.35M | 1280.94M | 1215.78M | 1031.36M |
| Cost of revenue | 1362.48M | 869.09M | 819.91M | 764.71M | 559.82M |
| Total other income expense net | -410.17M | -402.04M | -331.87M | -170.98M | -133.75M |
| Net income from continuing ops | 1071.95M | 1003.73M | 981.89M | 954.33M | 839.50M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 26408.13M | 17957.03M | 15476.25M | 14089.26M | 13404.65M |
| Intangible assets | 3237.73M | 2410.44M | 2085.66M | 2130.97M | 2335.39M |
| Other current assets | 966.12M | 5031.73M | 3533.03M | 2606.24M | 2174.75M |
| Total liab | 22179.46M | 14811.04M | 12193.89M | 11547.77M | 10538.07M |
| Total stockholder equity | 3883.86M | 3122.34M | 3282.36M | 2541.49M | 2866.58M |
| Other current liab | 9357.36M | 972.04M | 567.41M | 560.90M | 484.04M |
| Common stock | 0.13M | 0.13M | 0.13M | 0.13M | 0.13M |
| Capital stock | 0.13M | 0.13M | 0.13M | 0.13M | 0.13M |
| Retained earnings | 10264.75M | 9196.41M | 8192.66M | 7210.77M | 6256.44M |
| Good will | 7564.82M | 5984.67M | 5644.96M | 5201.44M | 5078.98M |
| Cash | 8991.94M | 1553.64M | 1389.65M | 1435.16M | 1520.03M |
| Total current liabilities | 14296.68M | 8707.88M | 6825.75M | 6043.45M | 5290.35M |
| Current deferred revenue | - | 3266.13M | 2397.28M | 1505.00M | 1788.70M |
| Net debt | 1124.27M | 6442.44M | 5333.26M | 5601.73M | 4457.64M |
| Short term debt | 3374.77M | 2769.97M | 2126.75M | 2314.06M | 1517.63M |
| Short long term debt | 3345.53M | 2769.97M | 2126.75M | 2314.06M | 1517.63M |
| Short long term debt total | 10116.21M | 7996.08M | 6722.90M | 7036.89M | 5977.67M |
| Other stockholder equity | -4988.86M | -4360.20M | -3621.33M | -3159.75M | -1925.37M |
| Total current assets | 13952.04M | 8675.87M | 7084.27M | 6106.15M | 5488.05M |
| Long term investments | 601.94M | 60.09M | 69.52M | 74.28M | 52.02M |
| Short term investments | - | - | 23.50M | 12.00M | - |
| Net receivables | 3993.98M | 2090.50M | 2161.59M | 2064.74M | 1793.27M |
| Long term debt | 6656.16M | 5226.11M | 4596.16M | 4722.84M | 4460.04M |
| Inventory | - | - | 3058.89M | 2141.02M | 1848.67M |
| Accounts payable | 1564.55M | 1570.43M | 1624.99M | 1568.94M | 1406.35M |
| Accumulated other comprehensive income | -1392.15M | -1714.00M | -1289.10M | -1509.65M | -1464.62M |
| Non currrent assets other | 137.75M | 448.26M | 248.69M | 281.73M | 213.93M |
| Non current assets total | 12456.09M | 9281.16M | 8391.99M | 7983.11M | 7916.60M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -807.48M | -380.72M | -368.35M | -715.93M |
| Total cashflows from investing activities | 1227.36M | -807.48M | -380.72M | -368.35M | -715.93M |
| Net borrowings | 2016.55M | 1271.24M | -322.43M | 1055.19M | 1690.60M |
| Total cash from financing activities | 1561.75M | 404.99M | -898.21M | -311.23M | 343.93M |
| Net income | 1071.95M | 1003.73M | 981.89M | 954.33M | 839.50M |
| Change in cash | 4535.60M | 1314.81M | 852.36M | 38.48M | 774.08M |
| Begin period cash flow | 4456.35M | 3141.53M | 2289.18M | 2250.70M | 1476.62M |
| End period cash flow | 8991.94M | 4456.35M | 3141.53M | 2289.18M | 2250.70M |
| Total cash from operating activities | 1499.90M | 1940.57M | 2101.13M | 754.80M | 1197.06M |
| Issuance of capital stock | 67.77M | 428.22M | 113.74M | 49.40M | 48.78M |
| Depreciation | 393.30M | 351.09M | 336.60M | 322.28M | 284.20M |
| Other cashflows from investing activities | -505.67M | 4.12M | 4.40M | - | -2.28M |
| Change to inventory | - | - | 210.26M | 598.67M | 731.14M |
| Change to account receivables | - | -176.93M | -210.26M | -598.67M | -731.14M |
| Sale purchase of stock | -782.82M | -1288.00M | -686.86M | -1405.20M | -1355.72M |
| Other cashflows from financing activities | 299.07M | -6.47M | -2.66M | -10.63M | -39.73M |
| Capital expenditures | 200.76M | 175.18M | 153.82M | 151.43M | 111.53M |
| Change in working capital | -162.42M | 447.85M | 593.90M | -752.50M | -77.88M |
| Stock based compensation | 102.64M | 116.72M | 116.09M | 121.42M | 80.07M |
| Other non cash items | 122.34M | 85.89M | 119.33M | 142.44M | 60.15M |
| Free cash flow | 1299.14M | 1765.39M | 1947.31M | 603.37M | 1085.53M |
Sector: Technology Industry: Software - Infrastructure
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CPAY Corpay Inc |
8.16 1.83% |
455.16 | 24.83 | 13.40 | 5.33 | 7.65 | 6.88 | 13.54 |
| MSFT Microsoft Corporation |
-5.32 0.99% |
530.61 | 37.32 | 29.94 | 13.03 | 12.45 | 13.06 | 24.59 |
| ORCL Oracle Corporation |
0.87 0.76% |
116.03 | 21.96 | 17.89 | 5.91 | 7.08 | 7.82 | 14.89 |
| CRWD Crowdstrike Holdings Inc |
-0.30 0.14% |
216.90 | 4849.80 | 188.68 | 46.01 | 47.24 | 43.89 | 559.34 |
| FTNT Fortinet Inc |
-3.67 3.00% |
118.84 | 60.27 | 43.86 | 16.80 | 80.50 | 16.11 | 43.33 |
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.
| Name | Title | Year Born |
|---|---|---|
| Mr. Ronald F. Clarke | Chairman, President & CEO | 1956 |
| Mr. Peter Walker CPA | Chief Financial Officer | 1974 |
| Ms. Alissa B. Vickery | Chief Accounting Officer | 1979 |
| Mr. Armando Lins Netto | Group President of Brazil Vehicle Payments & Strategic Transformation | 1968 |
| Mr. Alan King | Group President of Vehicle Payments in UK, Europe, Australasia & Mexico | 1977 |
| Mr. Scott A. Dufour | Global Chief Information Officer | 1969 |
| Mr. James P. Eglseder | Senior Vice President of Global Investor Relations | NA |
| Mr. Daniel S. Fishbein | General Counsel | 1974 |
| Mr. Steve C. Greene | Executive Vice President of Corporate Development & Strategy | 1975 |
| Ms. Crystal Williams | Chief Human Resources Officer | NA |
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