Corpay, Inc. (CPAY)

Corpay Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	4,171	3,975	3,758	3,427	2,834	2,389
Revenue Growth (YoY)	9.22%	5.77%	9.65%	20.94%	18.62%	-9.81%
Cost of Revenue	912.84	869.09	819.91	764.71	559.82	596.36
Gross Profit	3,258	3,106	2,938	2,662	2,274	1,792
Selling, General & Admin	1,061	997.78	943.58	893.22	747.95	567.41
Depreciation & Amortization Expenses	365.52	351.09	336.6	322.28	284.2	254.8
Other Operating Expenses	0.49	212.1	0.75	0.28	-0.78	-1.99
Total Operating Expenses	1,427	1,561	1,281	1,216	1,031	820.23
Operating Income	1,832	1,545	1,657	1,447	1,243	972.27
Interest Expense	-390.07	-383.04	-348.61	-164.66	-113.71	-129.8
Other Non-Operating Income (Expense)	0.38	-19	16.74	-6.32	-20.04	40.06
Total Non-Operating Income (Expense)	-389.69	-402.04	-331.87	-170.98	-133.75	-89.74
Pretax Income	1,442	1,142	1,325	1,276	1,109	882.53
Provision for Income Taxes	416	381.38	343.12	321.33	269.31	178.31
Net Income	1,050	1,004	981.89	954.33	839.5	704.22
Minority Interest in Earnings	0.47	-0.01	-	-	-	-
Net Income to Common	1,050	1,004	981.89	954.33	839.5	704.22
Net Income Growth	4.06%	2.23%	2.89%	13.68%	19.21%	-21.32%
Shares Outstanding (Basic)	70	70	73	76	82	84
Shares Outstanding (Diluted)	71	72	74	77	84	87
Shares Change (YoY)	-2.61%	-3.41%	-3.22%	-8.56%	-3.06%	-3.72%
EPS (Basic)	14.99	14.27	13.42	12.62	10.23	8.38
EPS (Diluted)	14.72	13.97	13.20	12.42	9.99	8.12
EPS Growth	6.98%	5.83%	6.28%	24.32%	23.03%	-18.31%
Free Cash Flow	1,633	1,765	1,947	603.37	1,086	1,394
Free Cash Flow Growth	-7.52%	-9.34%	222.74%	-44.42%	-22.14%	28.27%
Free Cash Flow Per Share	22.89	24.57	26.18	7.85	12.91	16.08
Gross Margin	78.12%	78.13%	78.18%	77.69%	80.24%	75.04%
Operating Margin	43.91%	38.86%	44.09%	42.21%	43.85%	40.70%
Profit Margin	24.60%	19.15%	26.13%	27.85%	29.63%	29.48%
FCF Margin	39.14%	44.42%	51.82%	17.61%	38.31%	58.36%
EBITDA	2,198	1,904	2,001	1,777	1,534	1,234
EBITDA Margin	52.70%	47.89%	53.24%	51.84%	54.12%	51.64%
EBIT	1,832	1,545	1,657	1,447	1,243	972.27
EBIT Margin	43.91%	38.86%	44.09%	42.21%	43.85%	40.70%
Effective Tax Rate	28.85%	33.38%	25.90%	25.19%	24.29%	20.20%

Updated Aug 6, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q