Corpay (CPAY) is trading down at $402.71 (-1.00%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Financials sector.
One firm's current price target on Corpay: $475 — 18% above the current $403. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.83B | $2.25B | $2.43B | $2.65B | $2.39B | $2.83B | $3.43B | $3.76B | $3.97B | $4.53B |
| Growth (year over year) | +7.6% | +22.8% | +8.2% | +8.8% | −9.8% | +18.6% | +20.9% | +9.6% | +5.8% | +13.9% |
| Gross profit | $1.74B | $2.15B | — | — | — | — | — | — | — | — |
| Gross margin | 95.0% | 95.7% | — | — | — | — | — | — | — | — |
| Operating income | $754.2M | $883.8M | $1.09B | $1.23B | $972.3M | $1.24B | $1.45B | $1.66B | $1.79B | $1.99B |
| Operating margin | 41.2% | 39.3% | 44.8% | 46.5% | 40.7% | 43.8% | 42.2% | 44.1% | 45.0% | 44.0% |
| Net income | $452.4M | $740.2M | $811.5M | $895.1M | $704.2M | $839.5M | $954.3M | $981.9M | $1.00B | $1.07B |
| Net margin | 24.7% | 32.9% | 33.3% | 33.8% | 29.5% | 29.6% | 27.8% | 26.1% | 25.3% | 23.6% |
| EPS (diluted) | $4.75 | $7.91 | $8.81 | $9.94 | $8.12 | $9.99 | $12.42 | $13.20 | $13.97 | $15.03 |
| Balance sheet | ||||||||||
| Cash and equivalents | $475.0M | $913.6M | $1.03B | $1.27B | $934.9M | $1.52B | $1.44B | $1.39B | $1.55B | $2.41B |
| Total assets | $9.63B | $11.3B | $11.2B | $12.2B | $11.2B | $13.4B | $14.1B | $15.5B | $18.0B | $26.4B |
| Total liabilities | $6.54B | $7.64B | $7.86B | $8.54B | $7.84B | $10.5B | $11.5B | $12.2B | $14.8B | $22.5B |
| Long-term debt | — | — | — | — | — | $5.98B | $7.04B | $6.72B | $8.00B | $10.0B |
| Shareholders' equity | $3.08B | $3.68B | $3.34B | $3.71B | $3.36B | $2.87B | $2.54B | $3.28B | $3.12B | $3.88B |
| Cash flow | ||||||||||
| Operating cash flow | $708.2M | $680.1M | $903.4M | $1.16B | $1.47B | $1.20B | $754.8M | $2.10B | $1.94B | $1.50B |
| Capital expenditure | $59.0M | $70.1M | $81.4M | $75.2M | $78.4M | $111.5M | $151.4M | $153.8M | $175.2M | $200.8M |
| Free cash flow | $649.2M | $610.0M | $822.0M | $1.09B | $1.39B | $1.09B | $603.4M | $1.95B | $1.77B | $1.30B |
| Share buybacks | $187.7M | $402.4M | $958.7M | $694.9M | $849.9M | $1.36B | $1.41B | $686.9M | $1.29B | $782.8M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.03B | $1.03B | $1.01B | $1.10B | $1.17B | $1.25B | $1.26B | $1.34B |
| Growth (year over year) | +6.0% | +10.4% | +7.5% | +12.9% | +13.9% | +20.7% | +25.4% | +21.5% |
| Operating income | $468.1M | $488.3M | $427.1M | $479.4M | $523.1M | $564.5M | $636.2M | $472.3M |
| Operating margin | 45.5% | 47.2% | 42.5% | 43.5% | 44.6% | 45.2% | 50.4% | 35.3% |
| Net income | $276.4M | $246.0M | $243.2M | $284.2M | $277.9M | $264.5M | $350.1M | $248.3M |
| Net margin | 26.9% | 23.8% | 24.2% | 25.8% | 23.7% | 21.2% | 27.8% | 18.5% |
| EPS (diluted) | $3.90 | $3.43 | $3.40 | $3.98 | $3.91 | $3.74 | $5.07 | $3.70 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.30B | $1.55B | $1.55B | $2.19B | $2.01B | $2.41B | $2.54B | $3.16B |
| Total assets | $17.6B | $18.0B | $18.5B | $20.4B | $19.7B | $26.4B | $26.7B | $28.2B |
| Total liabilities | $14.5B | $14.8B | $15.1B | $16.5B | $15.6B | $22.5B | $23.1B | $24.6B |
| Long-term debt | — | $8.00B | $8.17B | $8.12B | $8.12B | $10.0B | $10.4B | $10.6B |
| Shareholders' equity | $3.09B | $3.12B | $3.45B | $3.93B | $4.08B | $3.88B | $3.51B | $3.54B |
| Cash flow | ||||||||
| Operating cash flow | $400.8M | $648.7M | −$74.2M | $1.14B | −$378.9M | $812.7M | −$56.6M | $1.47B |
| Capital expenditure | $45.8M | $44.1M | $44.8M | $52.6M | $50.9M | $52.4M | $51.1M | $54.4M |
| Free cash flow | $355.0M | $604.6M | −$118.9M | $1.09B | −$429.8M | $760.3M | −$107.7M | $1.42B |
| Share buybacks | $92.2M | $248.8M | $58.7M | $32.2M | $191.7M | $500.2M | $786.0M | $326.6M |
From Corpay's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Corpay, Inc., headquartered in Atlanta, Georgia, provides payments and spend management systems and services that control expense-related purchasing and payment processes. The company focuses on vehicle-related expenses, lodging expenses, and corporate payments.
Why is Corpay stock sliding today?
Why is Corpay stock sliding today?
Corpay reaches $100 million settlement with FTC
Corpay reaches $100 million settlement with FTC
Corpay (CPAY) Simplifies Its Business As Profits Take A Hit
Corpay (CPAY) Simplifies Its Business As Profits Take A Hit
Corpay Stock: Analyst Estimates & Ratings
Corpay Stock: Analyst Estimates & Ratings
Corpay CEO Ronald Clarke sells $88.5m in CPAY stock
Corpay CEO Ronald Clarke sells $88.5m in CPAY stock
Corpay group president Alan King sells $1.58m in stock
Corpay group president Alan King sells $1.58m in stock
Corpay group president Alan King sells $10.65m of common stock
Corpay group president Alan King sells $10.65m of common stock
Corpay (CPAY) Just Posted A Record Quarter, So Why The Caution?
Corpay (CPAY) Just Posted A Record Quarter, So Why The Caution?
Corpay Q2 Earnings Call Highlights
Corpay Q2 Earnings Call Highlights
Corpay stock hits all-time high at 409.73 USD
Corpay stock hits all-time high at 409.73 USD
Wolfe Research raises Corpay stock price target to $475 on growth
Wolfe Research raises Corpay stock price target to $475 on growth
Corpay Q2 2026 slides detail beat, mid-term path to $50 EPS by 2029
Corpay Q2 2026 slides detail beat, mid-term path to $50 EPS by 2029
Corpay Inc stock hits 52-week high of 395.51 USD
Corpay Inc stock hits 52-week high of 395.51 USD
Form 4 Corpay Inc For: 17 July
Form 4 Corpay Inc For: 17 July