Stock · CPAY · Technology

Corpay Inc

United States · Large Cap · listed since 2010 · Revenue 12 mo. $5B

Price as of 11/06/2026

StockScorer score
7.3
of 10 8 of 11 points High Match To the score
Price
$455.16
1 Y +54.1%
Market cap
$29.3B
Phase
Payout
core business profitable, at least half of operating cash flow goes to shareholders
Revenue +9.7% a year (3 years)EBIT margin 43.1%Payout 52.2% of operating cash flow

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.

moreless

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.

Original text from the data provider

Summary

Corpay Inc is above the middle of the Technology sector overall

63.1 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 9.9% FCF growth a year, less than achieved over the last 5 and 10 years.

If free cash flow stays at €1.2B (2025), it supports €13B. The remaining €13.3B of the market value assume it grows 9.9% a year for 10 years and not at all afterwards.

Required FCF growth per year

9.9%

no growth afterwards

Market value breakdown€26.3B market value, price as of 11/06/2026

€13B without growth
€13.3B priced-in growth
  • 5 yrs achieved 17.6%
  • 10 yrs achieved 12.4%
  • priced in 9.9%

Valuation against its own history

Price to operating cash flow 16.3×, within its usual range.

Middle half of 13 quarters: 12.8× to 18.1×, median 15.3×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

2 signs support the expectation, 1 speaks against it.

What supports it

with respect to the priced-in expectation

  • Expectation below the company's own record priced in 9.9%, achieved at least 12.4%
  • Low capital needs capex median 3.6% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • High leverage debt to equity 2.60

Since the last quarter

Q1 → Q2 2026

Mostly better than the previous quarter: 3 of 5 changes for the better.

  • FCF, 12 mo.$1.3B → $1.6B+25.0%better
  • EBIT margin43.0% → 40.8%−2.2 ppworse
  • FCF margin27.4% → 32.6%+5.2 ppbetter
  • Net debt$1.5B → $7.5B+383.1%worse
  • Shares outstanding68.4M → 66.3M−3.1%better

3 more unchanged: Revenue, 12 mo., Gross margin, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability83.8above the middleEarns more than the sector: Return on capital (Greenblatt) 341.26%, sector 29.77%.
MetricStockSector medianPosition in sector
Return on equity27.55%14.60%Rank 77
Return on capital (Greenblatt)341.26%29.77%Rank 94
EBIT margin43.10%17.40%Rank 94
FCF margin28.69%18.54%Rank 79
Gross margin69.91%48.47%Rank 76
Growth51.4around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year13.93%12.70%Rank 55
Earnings growth, 3 years per year6.64%9.54%Rank 40
Earnings growth, 5 years per year13.14%14.07%Rank 47
Sustainable growth (ROE × retained earnings)4.43%2.87%Rank 63
Valuation59.6around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield3.31%2.64%Rank 61
FCF yield4.44%3.06%Rank 66
EV/saleslower is better6.715.18Rank 38
EV/EBITlower is better15.5826.24Rank 74
Momentum91.3above the middleShare price doing better than the sector: Distance from 52-week high 0.00%, sector −33.23%.
MetricStockSector medianPosition in sector
Share price, 1 year54.12%−0.59%Rank 90
Share price, 6 months32.80%−4.46%Rank 84
Share price, 3 months20.97%−5.84%Rank 92
Distance from 52-week high0.00%−33.23%Rank 100
Quality59.9around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−7.47%1.65%Rank 88
Change in share countlower is better−1.10%−0.17%Rank 68
Dividend streak in years–8Rank 18
Price reaction to results, market-adjusted1.20%−1.57%Rank 66
Balance sheet & risk32.8below the middleMore risk than the sector: Debt to equity 2.60, sector 0.33.
MetricStockSector medianPosition in sector
Equity ratio14.71%53.98%Rank 8
Net debt/EBITDAlower is better0.48−0.20Rank 35
Debt to equitylower is better2.600.33Rank 2
Volatility, 1 yearlower is better35.75%50.37%Rank 86

Ten years in figures

Revenue from $1.8B (2016) to $4.5B (2025), 10.6% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt, $B
20161.841.2%$649.2M95.2M3.4
20172.239.3%$610.0M93.6M3.6
20182.444.8%$822.0M92.2M3.8
20192.646.5%$1.1B90.1M3.8
20202.440.7%$1.4B86.7M3.4
20212.843.9%$1.1B84.1M4.5
20223.442.2%$603.4M76.9M5.6
20233.844.1%$1.9B74.4M5.3
20244.045.0%$1.8B71.8M6.4
20254.543.1%$1.3B71.1M1.1
7.3 / 10High MatchStockScorer score8 of 11 points

5 of 7 StockScorer Score rules met · How the score is built

Corpay Inc mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Corpay Inc's score is built

Corpay Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

5 of 7 rules met

8 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Corpay Inc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Earnings Quality: Accrual Check (Sloan)
  • Magic Formula: Value + Quality
  • Mohanram G-Score: Growth Quality
  • Levermann Strategy (13 Criteria)
  • Trending Value: Value + Momentum
  • Defensive: Low Volatility
  • Altman Z-Score: Stress Test
  • Undervalued Stocks: Multi-Factor Check
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • PEG Strategy (inspired by Peter Lynch)

Corpay Inc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Corpay Inc.

MetricStockSector
P/E ratio30.235.1
P/B ratio8.35.5
Return on equity (ROE)27.5%14.6%
Equity ratio14.7%54.0%
Debt-to-equity (D/E)2.600.33
Dividend yield0.0%0.9%

Similar stocks in Technology

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
CPAYCorpay Incthis page
CRWVCoreWeave, Inc. Class A Common StockLow1.8
VRSNVeriSign IncHigh6.4
MDBMongoDBlocked
OKTAOkta Inclocked
TWLOTwilio Inclocked

Frequently asked questions about Corpay Inc stock

How does Corpay Inc stock (CPAY) score in the StockScorer model?
Corpay Inc stock reaches a StockScorer score of 7.3 out of 10, which is a high match with the rule-based strategies. 5 out of 7 flagship profile rules are met.
What is Corpay Inc's P/E ratio?
Corpay Inc's P/E ratio is 30.2. The Technology sector median is 35.1.
What sector is Corpay Inc in?
Corpay Inc is assigned to the Technology sector. Its rank within the sector is 63.1 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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