Corpay, Inc. (CPAY)
| Market Cap | 25.79B |
| Revenue (ttm) | 3.97B |
| Net Income (ttm) | 1.00B |
| Shares Out | 69.71M |
| EPS (ttm) | 13.97 |
| PE Ratio | 26.41 |
| Forward PE | 17.53 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 15,431 |
| Open | 378.66 |
| Previous Close | 368.99 |
| Day's Range | 369.94 - 369.94 |
| 52-Week Range | 247.10 - 400.81 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 402.58 (+8.83%) |
| Earnings Date | Feb 5, 2025 |
About CPAY
Corpay, 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 soluti... [Read more]
Financial Performance
In 2024, Corpay's revenue was $3.97 billion, an increase of 5.77% compared to the previous year's $3.76 billion. Earnings were $1.00 billion, an increase of 2.23%.
Financial numbers in USD Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for CPAY stock is "Buy." The 12-month stock price forecast is $402.58, which is an increase of 8.83% from the latest price.
News
Corpay Cross-Border Named the Official FX Payments Supplier of the FIG
TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with the Federatio...
Corpay Cross-Border Launches Multi-Currency Accounts
TORONTO--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global leader in corporate payments, is thrilled to announce that Corpay's Cross-Border business has introduced Multi-Currency Accounts, enabling...
Corpay, Inc. (CPAY) Q4 2024 Earnings Call Transcript
Corpay, Inc. (NYSE:CPAY) Q4 2024 Earnings Conference Call February 5, 2025 5:00 PM ET Company Participants Jim Eglseder - Head, IR Ron Clarke - CEO Tom Panther - CFO Conference Call Participants Tien...
Corpay's fourth-quarter profit jumps on boost from corporate, lodging units
Business payments firm Corpay reported an 18% jump in its fourth-quarter profit on Wednesday, driven by a strong performance in the corporate and lodging segments as customers ramped up spending.
Corpay Reports Fourth Quarter and Full Year 2024 Financial Results
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its fourth quarter and year ended December 31, 2024. “We had a great finish to 2...
Corpay to Acquire Leading Brazilian Mobile Payments Company
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company, today announced it has signed definitive documents to acquire Gringo, a leading vehicle registration a...
Jack Henry Celebrates its Successful Collaboration with Corpay for International Wires
Corpay provides seamless and secure international wire transfers for Jack Henry clients MONETT, Mo. , Jan. 23, 2025 /PRNewswire/ -- Jack Henry (Nasdaq: JKHY) is pleased to recognize the success of its...
Corpay: Prominent On GARP Screens And To Benefit From An America First Policy
Corpay is trading at a discount despite a 37% rise in share price, outperforming the S&P 500's 20% increase. CPAY's fundamentals and growth projections suggest further upside, maintaining a BUY rating...
Corpay to Announce Fourth Quarter and Full Year 2024 Results on February 5, 2025
ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) a global leader in corporate payments, today announced that the Company will host a conference call to discuss fourth quarter and fiscal year 2024 ...
Corpay Cross-Border Named the Global FX Partner of UFC
TORONTO--(BUSINESS WIRE)--Corpay, Inc.* (NYSE: CPAY), a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into an agreement with UFC, the worl...
Corpay Announces Chief Financial Officer Leaving March 2025 With Plans to Join a Not-For-Profit Organization
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company announced today its Chief Financial Officer (“CFO”), Tom Panther, will be leaving effective March 15, 2...
Corpay Completes Cross-Border Payments Acquisition
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company, completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions p...
Investment and Growth Planned for Point of Sale at Truck Stops as PDI Technologies Acquires Comdata Merchant Solutions
Comdata retains fuel card and payment acceptance business serving commercial fleets ATLANTA , Dec. 2, 2024 /PRNewswire/ -- PDI Technologies, a global leader delivering powerful solutions and insights ...
Corpay Cross-Border Extends Partnership with World Aquatics
TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into a multi-year agreement to exten...
Corpay to Participate in Upcoming Investor Conferences
ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) a corporate payments company, today announced that the Company will participate in the following investor conferences: On Wednesday, November 13, 2...
Corpay, Inc. (CPAY) Q3 2024 Earnings Call Transcript
Corpay, Inc. (NYSE:CPAY) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Jim Eglseder - Head, Investor Relations Ron Clarke - Chairman & Chief Executive Officer Tom ...
Business payments firm Corpay's profit rises on higher corporate spending
Business payments firm Corpay posted a 6% jump in its third-quarter adjusted profit on Thursday, driven by growth in its corporate and vehicle payments segments.
Corpay Reports Third Quarter 2024 Financial Results
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its third quarter ended September 30, 2024. “We surpassed $1 billion in quarterl...
Corpay Announces Preliminary Third Quarter 2024 Financial Results
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today announced certain preliminary financial results for its third quarter ended September 30, 2024. Preliminary Fin...
Corpay to Announce Third Quarter 2024 Results on November 7, 2024
ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) a global corporate payments company, today announced that the Company will host a conference call to discuss third quarter 2024 financial results o...
JPMorgan Chase & Co's Strategic Acquisition of Corpay Inc Shares
On September 30, 2024, JPMorgan Chase & Co, a leading global financial services firm, expanded its investment portfolio by acquiring an additional 1,183 shares of Corpay Inc (CPAY, Financial). This tr...
Why Investors Are Eyeing Corpay Inc (CPAY): The Key Drivers of Market Outperformance and Growth
Corpay Inc (CPAY, Financial) has recently captured the attention of investors and financial analysts, thanks to its strong financial performance and promising growth prospects. With a current share pr...
Corpay Inc (CPAY)'s Winning Formula: Financial Metrics and Competitive Strengths
Corpay Inc (CPAY, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With a current sh...
Corpay Names Chief Revenue Officer to Lead Newly Combined U.S. Sales Organization
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, announced today the appointment of Mike Jeffrey, a former Paychex senior sales executive, to the newly established ro...
Corpay Cross-Border Joins the AbbeyCross ABX Platform to Provide FX Payments to Emerging Markets
TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY) a global leader in corporate payments, is pleased to announce that Corpay's Cross-Border business has entered into a strategic partnership with Ab...