Corpay, Inc. (CPAY)

Corpay Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,792	3,758	3,427	2,834	2,389	2,649
Revenue Growth (YoY)	7.13%	9.65%	20.94%	18.62%	-9.82%	8.85%
Cost of Revenue	822.35	819.91	764.71	559.82	596.36	530.67
Gross Profit	2,969	2,938	2,662	2,274	1,792	2,118
Selling, General & Admin	952.76	943.58	893.22	747.95	567.41	612.02
Other Operating Expenses	323.27	320.73	325.57	287.27	242.76	274.83
Operating Expenses	1,276	1,264	1,219	1,035	810.17	886.84
Operating Income	1,693	1,673	1,444	1,239	982.32	1,231
Interest Expense / Income	357.9	348.61	164.66	113.71	129.8	150.05
Other Expense / Income	-0.06	-0.12	3.32	16.19	-30.01	3.47
Pretax Income	1,335	1,325	1,276	1,109	882.53	1,078
Income Tax	338.59	343.12	321.33	269.31	178.31	182.75
Net Income	996.82	981.89	954.33	839.5	704.22	895.07
Net Income Growth	4.80%	2.89%	13.68%	19.21%	-21.32%	10.30%
Shares Outstanding (Basic)	72	73	76	82	84	86
Shares Outstanding (Diluted)	74	74	77	84	87	90
Shares Change	-1.26%	-3.22%	-8.56%	-3.07%	-3.72%	-2.26%
EPS (Basic)	13.70	13.42	12.62	10.23	8.38	10.36
EPS (Diluted)	13.44	13.20	12.42	9.99	8.12	9.94
EPS Growth	7.01%	6.28%	24.32%	23.03%	-18.31%	12.83%
Free Cash Flow	1,965	1,947	603.37	1,086	1,394	1,087
Free Cash Flow Per Share	27.39	26.62	7.98	13.23	16.60	12.58
Gross Margin	78.31%	78.18%	77.69%	80.24%	75.04%	79.97%
Operating Margin	44.66%	44.53%	42.12%	43.71%	41.12%	46.49%
Profit Margin	26.29%	26.13%	27.85%	29.63%	29.48%	33.79%
Free Cash Flow Margin	51.83%	51.82%	17.61%	38.31%	58.36%	41.03%
Effective Tax Rate	25.35%	25.90%	25.19%	24.29%	20.20%	16.96%
EBITDA	2,030	2,010	1,763	1,507	1,267	1,502
EBITDA Margin	53.55%	53.50%	51.43%	53.17%	53.04%	56.71%
Depreciation & Amortization	337.13	336.6	322.28	284.2	254.8	274.21
EBIT	1,693	1,674	1,440	1,223	1,012	1,228
EBIT Margin	44.66%	44.54%	42.03%	43.14%	42.38%	46.35%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).