Inside the research
Corpay, Inc.
CPAY Research profile · latest available data
Price overview
$398.11
▼ -2.21 (-0.6%)
| 52w hi | $425.24 |
|---|---|
| 52w lo | $255.00 |
| Vol | 432.70K |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.77
| Short | +0.50 |
|---|---|
| Medium | +1.07 |
| Long | +0.73 |
computed 2026-09-27
Key fundamentals
Corpay, Inc.
Technology · Software - Infrastructure
| Market cap | $26.14B |
|---|---|
| Enterprise value | $34.06B |
| Trailing P/E | 24.22x |
| Forward P/E | 12.66x |
| EV / EBITDA | 12.17x |
| P / S (ttm) | 5.21x |
| Profit margin | 22.7% |
| Return on equity | 29.2% |
| Revenue growth | +21.5% |
| Earnings growth | -7.0% |
| Debt / equity | 275.29 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.22 | |
| Sector | +0.19 | |
| Technical | +0.47 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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.
Risk Metrics
| Beta vs SPX | 1.25 |
|---|---|
| Corr SPX | 0.56 |
| Annual vol | 36.1% |
| Annual ret | +19.4% |
| Sharpe | 0.54 |
| Max DD | -34.5% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $387.92 |
|---|---|
| High / Low | $415.00 / $340.00 |
| Median | $390.00 |
| Analysts | 13 |
| Strong Buy | 4 | |
|---|---|---|
| Buy | 6 | |
| Hold | 3 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-03-31 | Baird | → Outperform |
| 2026-02-10 | UBS | → Neutral |
| 2026-02-09 | Cantor Fitzgerald | → Overweight |
| 2026-02-06 | Mizuho | → Neutral |
| 2026-02-05 | RBC Capital | → Sector Perform |
| 2026-02-05 | Morgan Stanley | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Earnings Release, Reg FD Disclosure… | read |
| 2026-07-24 | Officer / Director Change | read |
| 2026-05-22 | Material Agreement, Reg FD Disclosure… | read |
| 2026-05-12 | Reg FD Disclosure | read |
| 2026-05-12 | Shareholder Vote | read |
| 2026-05-07 | Earnings Release, Reg FD Disclosure… | read |
| 2026-04-27 | Reg FD Disclosure, Exhibits | read |
| 2026-02-26 | 5.08, Other Material Event | read |
| 2026-02-04 | Earnings Release, Reg FD Disclosure… | read |
| 2026-01-22 | Officer / Director Change, Exhibits | read |
| 2025-11-05 | Material Agreement, Acquisition / Disposition… | read |
| 2025-09-29 | Reg FD Disclosure, Exhibits | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 9 |
| Top-5 share | 95.2% |
| HHI | 2,316 (moderate) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Fidelity / FMR LLC | $1.11B | 3.34M |
| State Street Corp | $943.67M | 2.83M |
| Tiger Global Management | $716.49M | 2.15M |
| Citadel Advisors | $346.23M | 1.04M |
| AQR Capital Management | $203.21M | 616.82K |
| Capital Research / Capital World | $133.36M | 400.16K |
| Millennium Management | $31.95M | 95.86K |
| Bridgewater Associates | $2.55M | 7.66K |
| T. Rowe Price Group | $818.15K | 2.45M |
As of 2026-06-30
SEC Filings
The Long Run
FY 2011–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $4.53B | +30.3% | |
| Operating income | $1.66B | +17.6% | |
| Net income | $1.07B | +26.3% | |
| Cash from ops | $1.50B | +15.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $400.61 | $402.05 | $397.89 | $398.11 | 432.70K |
| Sep 24 | $396.31 | $400.42 | $394.92 | $400.32 | 457.90K |
| Sep 23 | $391.02 | $398.49 | $390.90 | $395.16 | 468.20K |
| Sep 22 | $400.05 | $401.00 | $388.19 | $392.95 | 563.50K |
| Sep 21 | $399.96 | $401.09 | $397.11 | $397.22 | 445.20K |
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