Cash flow Corpay, Inc.

Equities

CPAY

US2199481068

Business Support Services

Real-time Estimate Cboe BZX Other stock markets 15:18:53 08/06/2026 BST			5-day change	1st Jan Change
351.82 ^USD	+1.26%		-3.53%	+16.73%

06-04	Corpay, Inc. Cross-Border Names as Official Fx Supplier of Vålerenga Fotball AS	CI
05-29	Corpay Insider Sold Shares Worth $6,126,585, According to a Recent SEC Filing	MT

1125d72ac3fe8982321e732b9f42d6.XQ_0BYoEC8EX1zyom8EVQ5A2QhEe0ZELiWSc-nf_3ss.En6jdsY2M6544kXy4adsJclXB0tqmsVYsQLttzWvmaxoN8NWvU4zqzqdfQ

Published financial data: CORPAY, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.83B	3.43B	3.76B	3.97B	4.53B
Total Revenues	2.83B	3.43B	3.76B	3.97B	4.53B
Cost of Goods Sold, Total	560M	765M	820M	869M	920M
Gross Profit	2.27B	2.66B	2.94B	3.11B	3.61B
Selling General & Admin Expenses, Total	748M	893M	944M	998M	1.11B
Depreciation & Amortization - (IS)	284M	322M	337M	351M	352M
Other Operating Expenses	-984K	282K	753K	789K	2.06M
Other Operating Expenses, Total	1.03B	1.22B	1.28B	1.35B	1.47B
Operating Income	1.24B	1.45B	1.66B	1.76B	2.14B
Interest Expense, Total	-114M	-165M	-349M	-383M	-404M
Interest And Investment Income	9K	-	116K	-	-
Net Interest Expenses	-114M	-165M	-348M	-383M	-404M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-3.7M	-1.7M	-4.8M	-9.2M	-29.8M
Other Non Operating Income (Expenses)	-158K	-1.3M	7.71M	-4.52M	8.22M
EBT, Excl. Unusual Items	1.13B	1.28B	1.31B	1.36B	1.72B
Merger & Related Restructuring Charges	-	-	-	-	-191M
Impairment of Goodwill	-	-	-	-90M	-
Gain (Loss) On Sale Of Investments	-	-1.38M	-	-239K	-25.4M
Gain (Loss) On Sale Of Assets	-	-	13.71M	121M	42.26M
Asset Writedown	-200K	-	-	-	-
Other Unusual Items	-16.19M	-1.93M	-	-5.04M	-1.6M
EBT, Incl. Unusual Items	1.11B	1.28B	1.33B	1.39B	1.54B
Income Tax Expense	269M	321M	343M	381M	470M
Earnings From Continuing Operations	839M	954M	982M	1B	1.07B
Net Income to Company	839M	954M	982M	1B	1.07B
Minority Interest	-	-	-	14K	-2.12M
Net Income - (IS)	839M	954M	982M	1B	1.07B
Preferred Dividend and Other Adjustments	-	-	-	-	1.48M
Net Income to Common Incl Extra Items	839M	954M	982M	1B	1.07B
Net Income to Common Excl. Extra Items	839M	954M	982M	1B	1.07B
Per Share Items
Net EPS - Basic	10.23	12.62	13.42	14.27	15.23
Basic EPS - Continuing Operations	10.23	12.62	13.42	14.27	15.23
Basic Weighted Average Shares Outstanding	82.06M	75.6M	73.16M	70.33M	70.14M
Net EPS - Diluted	9.99	12.42	13.2	13.97	15.03
Diluted EPS - Continuing Operations	9.99	12.42	13.2	13.97	15.03
Diluted Weighted Average Shares Outstanding	84.06M	76.86M	74.39M	71.85M	71.06M
Normalized Basic EPS	8.57	10.57	11.2	12.08	15.27
Normalized Diluted EPS	8.37	10.4	11.02	11.82	15.08
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	1.48B	1.71B	1.99B	2.03B	2.43B
EBITA	1.45B	1.67B	1.88B	1.99B	2.4B
EBIT	1.24B	1.45B	1.66B	1.76B	2.14B
EBITDAR	1.5B	1.73B	-	2.05B	2.46B
Effective Tax Rate - (Ratio)	24.29	25.19	25.9	27.53	30.47
Current Domestic Taxes	151M	201M	181M	177M	125M
Current Foreign Taxes	108M	153M	209M	270M	373M
Total Current Taxes	258M	355M	390M	446M	498M
Deferred Domestic Taxes	-16.7M	-42.68M	-54.76M	-81.27M	-35.91M
Deferred Foreign Taxes	27.73M	9.5M	8.09M	16.55M	8M
Total Deferred Taxes	11.02M	-33.17M	-46.68M	-64.72M	-27.9M
Normalized Net Income	703M	799M	820M	849M	1.07B
Supplemental Operating Expense Items
Advertising Expense	54.8M	65.5M	64.6M	75M	108M
Selling and Marketing Expenses	262M	309M	340M	381M	440M
General and Administrative Expenses	486M	584M	603M	617M	671M
Research And Development Expense From Footnotes	46.7M	59.1M	-	-	-
Net Rental Expense, Total	22.6M	24.1M	-	26.9M	28M
Imputed Operating Lease Interest Expense	3.88M	4.79M	-	11M	9.84M
Imputed Operating Lease Depreciation	18.72M	19.31M	-	15.9M	18.16M
Stock-Based Comp., G&A Exp. (Total)	80.07M	121M	116M	117M	103M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	80.07M	121M	116M	117M	103M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.52B	1.44B	1.39B	1.55B	2.41B
Trading Asset Securities, Total	-	-	23.5M	32.3M	14.4M
Total Cash And Short Term Investments	1.52B	1.44B	1.41B	1.59B	2.42B
Accounts Receivable, Total	2.91B	3.35B	3.47B	3.41B	3.97B
Total Receivables	2.91B	3.35B	3.47B	3.41B	3.97B
Prepaid Expenses	216M	243M	177M	124M	303M
Restricted Cash	731M	854M	1.75B	2.9B	6.58B
Other Current Assets, Total	110M	222M	273M	650M	686M
Total Current Assets	5.49B	6.11B	7.08B	8.68B	13.96B
Gross Property Plant And Equipment	650M	670M	945M	1.03B	1.28B
Accumulated Depreciation	-329M	-281M	-515M	-576M	-712M
Net Property Plant And Equipment	321M	389M	430M	456M	572M
Long-term Investments	52.02M	74.28M	69.52M	70.09M	602M
Goodwill	5.08B	5.2B	5.64B	5.98B	7.56B
Other Intangibles, Total	2.34B	2.13B	2.09B	2.41B	3.24B
Deferred Charges Long-Term	44.7M	50.7M	50.6M	48M	64.2M
Other Long-Term Assets, Total	84.46M	136M	112M	312M	404M
Total Assets	13.4B	14.09B	15.48B	17.96B	26.41B
Liabilities
Accounts Payable, Total	1.41B	1.57B	1.62B	1.57B	1.56B
Accrued Expenses, Total	275M	257M	247M	316M	367M
Short-term Borrowings	1.34B	1.29B	2B	2.58B	3.15B
Current Portion of Long-Term Debt	198M	1.03B	142M	189M	273M
Current Portion of Leases	20.3M	22.66M	23.48M	24.34M	29.24M
Current Income Taxes Payable	93.63M	94.56M	109M	129M	239M
Other Current Liabilities	1.95B	1.79B	2.68B	3.89B	8.68B
Total Current Liabilities	5.29B	6.04B	6.83B	8.71B	14.3B
Long-Term Debt	4.47B	4.72B	4.65B	5.24B	6.75B
Long-Term Leases	79.9M	86.67M	75.8M	64.72M	85.29M
Unearned Revenue Non Current	30.4M	-	-	-	-
Deferred Tax Liability Non Current	566M	527M	470M	439M	614M
Other Non Current Liabilities	104M	167M	170M	362M	428M
Total Liabilities	10.54B	11.55B	12.19B	14.81B	22.18B
Common Stock, Total	127K	128K	129K	131K	132K
Additional Paid In Capital	2.88B	3.05B	3.27B	3.81B	3.97B
Retained Earnings	6.26B	7.21B	8.19B	9.2B	10.26B
Treasury Stock	-4.8B	-6.21B	-6.89B	-8.17B	-8.96B
Comprehensive Income and Other	-1.46B	-1.51B	-1.29B	-1.71B	-1.39B
Total Common Equity	2.87B	2.54B	3.28B	3.12B	3.88B
Minority Interest	-	-	-	23.65M	345M
Total Equity	2.87B	2.54B	3.28B	3.15B	4.23B
Total Liabilities And Equity	13.4B	14.09B	15.48B	17.96B	26.41B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	77.89M	73.49M	71.85M	70.25M	68.05M
ECS Total Common Shares Outstanding	78.88M	73.36M	71.72M	70.17M	68.36M
Book Value / Share	36.34	34.65	45.77	44.5	56.81
Tangible Book Value	-4.55B	-4.79B	-4.45B	-5.27B	-6.92B
Tangible Book Value Per Share	-57.65	-65.31	-62.03	-75.14	-101.21
Total Debt	6.11B	7.15B	6.89B	8.1B	10.29B
Net Debt	4.59B	5.71B	5.48B	6.51B	7.87B
Debt Equivalent Oper. Leases	181M	193M	-	215M	224M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	23.65M	345M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	-	-	3	3
Buildings, Total	33.52M	36.1M	41.51M	40.24M	48.1M
Machinery, Total	532M	539M	817M	914M	1.14B
Full Time Employees	9.7K	9.9K	10.5K	11.2K	11.8K
Accumulated Allowance for Doubtful Accounts (Supple)	98.72M	150M	180M	134M	171M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	839M	954M	982M	1B	1.07B
Depreciation & Amortization - CF	28.87M	32.91M	110M	41.31M	28.26M
Amortization of Goodwill and Intangible Assets - (CF)	206M	227M	227M	231M	262M
Depreciation & Amortization, Total	234M	260M	337M	272M	290M
Amortization of Deferred Charges, Total - (CF)	53.53M	66.85M	7.25M	86.79M	124M
(Gain) Loss From Sale Of Asset	-	-	-13.71M	-121M	-42.26M
(Gain) Loss on Sale of Investments - (CF)	-9K	1.38M	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	90M	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	80.07M	121M	116M	117M	103M
Provision and Write-off of Bad Debts	37.92M	131M	125M	103M	123M
Other Operating Activities, Total	29.56M	-27.89M	-46.04M	-58.48M	-4.65M
Change In Accounts Receivable	-731M	-599M	-210M	-177M	-499M
Change In Accounts Payable	430M	-83.95M	714M	663M	499M
Change in Other Net Operating Assets	223M	-69.87M	90.19M	-38.44M	-162M
Cash from Operations	1.2B	755M	2.1B	1.94B	1.5B
Capital Expenditure	-112M	-151M	-154M	-175M	-201M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-602M	-217M	-428M	-822M	1.93B
Divestitures	-	-	197M	186M	58.21M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-578M
Other Investing Activities, Total	-2.28M	-	4.4M	4.12M	14.57M
Cash from Investing	-716M	-368M	-381M	-807M	1.23B
Short Term Debt Issued, Total	418M	169M	156M	16M	501M
Long-Term Debt Issued, Total	3.81B	10.24B	8.73B	10.81B	13.78B
Total Debt Issued	4.23B	10.41B	8.89B	10.83B	14.28B
Short Term Debt Repaid, Total	-51.05M	-	-	-141M	-
Long-Term Debt Repaid, Total	-2.49B	-9.35B	-9.21B	-9.42B	-12.27B
Total Debt Repaid	-2.54B	-9.35B	-9.21B	-9.56B	-12.27B
Issuance of Common Stock	48.78M	49.4M	114M	428M	67.77M
Repurchase of Common Stock	-1.36B	-1.41B	-687M	-1.29B	-783M
Other Financing Activities, Total	-39.73M	-10.63M	-2.66M	-6.47M	260M
Cash from Financing	344M	-311M	-898M	405M	1.56B
Foreign Exchange Rate Adjustments	-50.98M	-36.74M	30.16M	-223M	247M
Net Change in Cash	774M	38.48M	852M	1.31B	4.54B
Supplemental Items
Cash Interest Paid	133M	230M	448M	496M	491M
Cash Income Tax Paid (Refund)	230M	358M	408M	374M	511M
Levered Free Cash Flow	1.05B	373M	1.07B	988M	1.89B
Unlevered Free Cash Flow	1.11B	468M	1.28B	1.22B	2.12B
Change In Net Working Capital	-86.16M	725M	57.84M	170M	-486M
Net Debt Issued / Repaid	1.69B	1.06B	-322M	1.27B	2.02B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.32	6.58	7	6.56	6.04
Return on Total Capital	9.24	9.69	10.43	10.25	10.4
Return On Equity %	26.98	35.29	33.72	31.23	29.07
Return on Common Equity	26.98	35.29	33.72	31.34	30.5
Margin Analysis
Gross Profit Margin %	80.24	77.69	78.18	78.13	79.68
SG&A Margin	26.39	26.06	25.11	25.1	24.53
EBITDA Margin %	52.13	49.8	53.05	51.02	53.73
EBITA Margin %	51.11	48.84	50.12	49.98	53.1
EBIT Margin %	43.86	42.21	44.09	44.18	47.32
Income From Continuing Operations Margin %	29.62	27.85	26.13	25.25	23.67
Net Income Margin %	29.62	27.85	26.13	25.25	23.62
Net Avail. For Common Margin %	29.62	27.85	26.13	25.25	23.59
Normalized Net Income Margin	24.82	23.32	21.81	21.37	23.66
Levered Free Cash Flow Margin	36.99	10.88	28.37	24.86	41.71
Unlevered Free Cash Flow Margin	39.26	13.66	33.97	30.69	46.82
Asset Turnover
Asset Turnover	0.23	0.25	0.25	0.24	0.2
Fixed Assets Turnover	9.44	9.65	9.18	8.98	8.81
Receivables Turnover (Average Receivables)	1.14	1.09	1.1	1.16	1.23
Short Term Liquidity
Current Ratio	1.04	1.01	1.04	1	0.98
Quick Ratio	0.84	0.79	0.72	0.57	0.45
Operating Cash Flow to Current Liabilities	0.23	0.12	0.31	0.22	0.1
Days Sales Outstanding (Average Receivables)	320.6	333.52	331.24	316.87	297.51
Average Days Payable Outstanding	802.23	710.06	710.93	672.85	621.76
Long Term Solvency
Total Debt/Equity	213.1	281.18	209.99	257.48	243.35
Total Debt / Total Capital	68.06	73.77	67.74	72.03	70.88
LT Debt/Equity	158.63	189.24	144.04	168.53	161.76
Long-Term Debt / Total Capital	50.66	49.65	46.47	47.14	47.11
Total Liabilities / Total Assets	78.62	81.96	78.79	82.48	83.99
EBIT / Interest Expense	10.93	8.79	4.75	4.58	5.31
EBITDA / Interest Expense	13.19	10.51	5.79	5.36	6.09
(EBITDA - Capex) / Interest Expense	12.21	9.59	5.35	4.91	5.6
Total Debt / EBITDA	4.07	4.13	3.42	3.94	4.18
Net Debt / EBITDA	3.06	3.3	2.72	3.17	3.2
Total Debt / (EBITDA - Capex)	4.4	4.52	3.7	4.31	4.55
Net Debt / (EBITDA - Capex)	3.31	3.62	2.94	3.47	3.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	18.62	20.94	9.65	5.77	13.93
Gross Profit, 1 Yr. Growth %	20.79	17.09	10.34	5.71	16.19
EBITDA, 1 Yr. Growth %	16.14	15.56	12.69	5.91	19.97
EBITA, 1 Yr. Growth %	16.16	15.59	12.32	5.55	21.05
EBIT, 1 Yr. Growth %	16.95	16.42	14.53	5.97	22.04
Earnings From Cont. Operations, 1 Yr. Growth %	19.21	13.68	2.89	2.22	6.8
Net Income, 1 Yr. Growth %	19.21	13.68	2.89	2.23	6.58
Normalized Net Income, 1 Yr. Growth %	16.49	13.69	2.53	3.65	26.14
Diluted EPS Before Extra, 1 Yr. Growth %	23.03	24.32	6.28	5.83	7.59
Accounts Receivable, 1 Yr. Growth %	40.86	15.13	3.49	-1.59	16.26
Net Property, Plant and Equip., 1 Yr. Growth %	14.95	21.25	10.54	6.04	25.51
Total Assets, 1 Yr. Growth %	19.74	5.11	9.84	16.03	47.06
Tangible Book Value, 1 Yr. Growth %	30.7	5.35	-7.15	18.54	31.22
Common Equity, 1 Yr. Growth %	-14.57	-11.34	29.15	-4.88	24.39
Cash From Operations, 1 Yr. Growth %	-18.71	-36.95	178.37	-7.64	-22.71
Capital Expenditures, 1 Yr. Growth %	42.21	35.77	1.58	13.88	14.6
Levered Free Cash Flow, 1 Yr. Growth %	-6.94	-64.42	174.73	-7.18	91.13
Unlevered Free Cash Flow, 1 Yr. Growth %	-7.38	-57.92	164.21	-4.36	73.84
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.43	19.78	15.15	7.69	9.78
Gross Profit, 2 Yr. CAGR %	3.61	18.92	13.66	8	10.82
EBITDA, 2 Yr. CAGR %	0.39	15.86	14.27	9.07	12.72
EBITA, 2 Yr. CAGR %	0.28	15.88	13.93	8.94	13.03
EBIT, 2 Yr. CAGR %	0.39	16.69	15.47	10.17	13.72
Earnings From Cont. Operations, 2 Yr. CAGR %	-3.15	16.41	8.15	2.56	4.49
Net Income, 2 Yr. CAGR %	-3.15	16.41	8.15	2.56	4.38
Normalized Net Income, 2 Yr. CAGR %	1.93	14.67	7.96	3.08	14.33
Diluted EPS Before Extra, 2 Yr. CAGR %	0.25	23.68	14.95	6.06	6.71
Accounts Receivable, 2 Yr. CAGR %	7.06	27.35	9.15	0.92	6.97
Net Property, Plant and Equip., 2 Yr. CAGR %	6.3	18.06	15.69	8.27	15.37
Total Assets, 2 Yr. CAGR %	4.61	12.19	7.45	12.89	30.63
Tangible Book Value, 2 Yr. CAGR %	14.59	17.34	-1.1	4.91	24.71
Common Equity, 2 Yr. CAGR %	-12.12	-12.97	7.01	10.84	8.78
Cash From Operations, 2 Yr. CAGR %	1.49	-28.41	32.49	60.34	-15.51
Capital Expenditures, 2 Yr. CAGR %	21.81	38.96	17.44	7.56	14.24
Levered Free Cash Flow, 2 Yr. CAGR %	21.5	-42.46	0.7	60.23	33.19
Unlevered Free Cash Flow, 2 Yr. CAGR %	18.02	-37.57	6.98	59.39	28.94
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.21	8.97	16.3	11.94	9.73
Gross Profit, 3 Yr. CAGR %	5.33	7.92	15.99	10.95	10.66
EBITDA, 3 Yr. CAGR %	3.19	5.21	16.17	9.92	12.59
EBITA, 3 Yr. CAGR %	3.25	5.14	14.75	11.04	12.84
EBIT, 3 Yr. CAGR %	4.17	5.46	15.97	12.22	13.99
Earnings From Cont. Operations, 3 Yr. CAGR %	1.14	2.16	11.72	6.14	3.95
Net Income, 3 Yr. CAGR %	1.14	2.16	11.72	6.14	3.88
Normalized Net Income, 3 Yr. CAGR %	5.42	5.7	10.47	6.5	10.25
Diluted EPS Before Extra, 3 Yr. CAGR %	4.28	7.71	17.58	11.83	6.56
Accounts Receivable, 3 Yr. CAGR %	7.99	9.69	18.84	5.45	5.79
Net Property, Plant and Equip., 3 Yr. CAGR %	19.91	11.07	15.44	12.38	13.73
Total Assets, 3 Yr. CAGR %	6.16	4.78	11.4	10.24	23.3
Tangible Book Value, 3 Yr. CAGR %	8	11.42	8.53	5.05	13.03
Common Equity, 3 Yr. CAGR %	-4.97	-11.86	-0.73	2.89	15.18
Cash From Operations, 3 Yr. CAGR %	9.84	-13.4	12.58	17.47	25.72
Capital Expenditures, 3 Yr. CAGR %	11.07	26.3	25.18	16.24	9.86
Levered Free Cash Flow, 3 Yr. CAGR %	20.4	-19.32	-1.82	-2.04	69.93
Unlevered Free Cash Flow, 3 Yr. CAGR %	17.73	-16.32	2.06	3.02	64.07
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.12	8.78	9.08	8.45	13.65
Gross Profit, 5 Yr. CAGR %	10.64	9.3	8.59	7.95	13.9
EBITDA, 5 Yr. CAGR %	9.59	8.78	8.2	6.71	13.86
EBITA, 5 Yr. CAGR %	9.6	8.85	7.44	6.65	14.04
EBIT, 5 Yr. CAGR %	10.51	10.36	8.55	7.32	15.07
Earnings From Cont. Operations, 5 Yr. CAGR %	13.16	5.21	3.89	2.32	8.77
Net Income, 5 Yr. CAGR %	13.16	5.21	3.89	2.32	8.72
Normalized Net Income, 5 Yr. CAGR %	10.62	10.54	6.43	4.64	12
Diluted EPS Before Extra, 5 Yr. CAGR %	16.03	9.44	8.42	7.04	13.1
Accounts Receivable, 5 Yr. CAGR %	10.18	8.48	8.45	6.09	13.94
Net Property, Plant and Equip., 5 Yr. CAGR %	17.64	16.67	18.21	9.91	15.41
Total Assets, 5 Yr. CAGR %	6.85	4.48	6.68	7.95	18.73
Tangible Book Value, 5 Yr. CAGR %	3.85	4.94	4.27	8.77	14.74
Common Equity, 5 Yr. CAGR %	-1.45	-7.12	-0.35	-3.4	2.97
Cash From Operations, 5 Yr. CAGR %	11.07	2.11	18.39	10.8	0.37
Capital Expenditures, 5 Yr. CAGR %	13.58	16.66	13.58	18.44	20.68
Levered Free Cash Flow, 5 Yr. CAGR %	9.39	-12.08	12.16	6.84	10.9
Unlevered Free Cash Flow, 5 Yr. CAGR %	9.5	-9.47	13.37	8.84	12.04