Corpay, Inc. (CPAY)
| Market Cap | 23.04B |
| Revenue (ttm) | 4.05B |
| Net Income (ttm) | 1.02B |
| Shares Out | 70.47M |
| EPS (ttm) | 14.26 |
| PE Ratio | 22.93 |
| Forward PE | 14.98 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 567,246 |
| Open | 326.32 |
| Previous Close | 325.85 |
| Day's Range | 323.13 - 329.26 |
| 52-Week Range | 247.10 - 400.81 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 397.17 (+21.47%) |
| Earnings Date | May 6, 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, vehicle compliance, 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 AP automation; virtual car... [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 14 analysts, the average rating for CPAY stock is "Buy." The 12-month stock price forecast is $397.17, which is an increase of 21.47% from the latest price.
News
Corpay, TPG to Acquire AvidXchange in $2.2 Billion Deal
Corporate payments firm Corpay and global asset management firm TPG have entered into a deal to acquire accounts payable (AP) automation software provider AvidXchange. Financial Technology Partners an...
Corpay, Inc. (CPAY) Q1 2025 Earnings Call Transcript
Corpay, Inc. (NYSE:CPAY) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Jim Eglseder - Head, Investor Relations Ron Clarke - Chief Executive Officer Alissa Vickery - Int...
TPG, Corpay to buy AvidXchange for $2.2 billion
Global alternative asset manager TPG will partner Corpay to buy payments solution firm AvidXchange for $2.2 billion in an all-cash deal, the companies said on Tuesday.
Corpay Invests Alongside TPG to Acquire AvidXchange
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a leading corporate payments company, today announced that it has signed a definitive agreement to make a minority investment in AvidXchange Holdin...
Corpay Reports First Quarter Financial Results
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a corporate payments company, today reported financial results for its first quarter ended March 31, 2025. “Our first quarter results were right in...
UK's Alpha Group rejects all-cash proposal from Corpay
British financial services provider Alpha Group International on Tuesday said it had rejected an all-cash proposal from U.S.-based business payments firm Corpay.
Corpay in talks over possible takeover of UK's Alpha Group
Business payments firm Corpay Inc said on Friday it was in talks with Alpha Group International about a possible cash offer for the UK-based financial services provider.
Mastercard Invests in 3% Stake in Corpay's Cross-Border Business, Forms Exclusive Agreements
Mastercard has invested in a 3% stake in Corpay's cross-border business, and the two companies have formed exclusive agreements. These moves expand upon the companies' decades-long collaboration, they...
Corpay to Announce First Quarter 2025 Results on May 6, 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 first quarter 2025 financial results...
Corpay: The Bull Case Remains Compelling
Corpay: The Bull Case Remains Compelling
CLC Lodging Becomes Corpay Lodging: More Power, Same Trusted Solution and Savings
WICHITA, Kan.--(BUSINESS WIRE)--CLC Lodging, the leader in workforce travel lodging solutions, is rebranding as Corpay Lodging. The transition strengthens the company's alignment with its parent brand...
USAA Perks® and CarAdvise Introduce the CarAdvise Fuel Program for Members, Offering Discounts at Over 60,000 Locations Nationwide
SAN ANTONIO and CHICAGO , April 3, 2025 /PRNewswire/ -- USAA Perks® and CarAdvise today announced the launch of the CarAdvise Fuel program, a new initiative designed to help USAA members save on fuel ...
Corpay Cross-Border Grows in Europe with Launch of Luxembourg Office
TORONTO--(BUSINESS WIRE)--Corpay, Inc.*, (NYSE: CPAY), a global leader in corporate payments, is proud to announce its entry into Luxembourg with the establishment of a new office for its Cross-Border...
Corpay Cross-Border Named the Official FX Partner of SK Slavia Praha
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 SK Slavia Pra...
Corpay to Participate in Upcoming Investor Conferences
ATLANTA--(BUSINESS WIRE)--Corpay, Inc., (NYSE: CPAY) a global S&P 500 corporate payments company, today announced that the Company will participate in the following investor conferences: On Monday, Ma...
Corpay® Upsizes Credit Facility by $750 million
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), a global S&P 500 corporate payments company today announced that it successfully closed on an amendment to its Term Loan B credit facility that res...
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 ...