Key facts
- 52-week range (closes)
- $255.00 – $425.24 Lowest close Oct 30, 2025, highest Aug 13, 2026; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
- Fiscal year ends
- December Fiscal 2025 ended Dec 31, 2025, from SEC filings
- In the S&P 500 since
- Jun 20, 2018 · All S&P 500 changes
- Analyst coverage
- 1 open price target from 1 firm: Wolfe Research Approved targets tracked here; see the analyst section below
Corpay (CPAY) is trading up at $408.36 (+1.44%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Financials sector.
Analyst price targets on CPAY
One firm's current price target on Corpay: $475 — 16% above the current $408. Each is tracked to its date and scored the same way a member's call is.
- Wolfe Research $398 → $475 by Aug 2027 Aug 6, 2026 via Investing.com · Wolfe Research's track record
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.
Corpay revenue & net income history (FY2016–FY2025)
| 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. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Corpay vs the Financials sector and the S&P 500
Corpay's latest reported figures next to the median of the other 75 S&P 500 Financials companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | Corpay | Financials (75 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +13.9% | +7.2% | +7.0% |
| Net margin, latest fiscal year | 23.6% | 19.3% | 12.9% |
| Share price change, 1 year | +42.8% | +8.9% | +7.5% |
Corpay: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Corpay included, are the last regular-session prices of October 20, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 75/496, net margin 75/496, 1-year price change 75/488; the reasons below can overlap. 14 are left out of the price figure because our archive holds no comparable close for them. The S&P 500 price figure is the middle company's change, not the index's return.
About Corpay
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.
- Headquarters
- Atlanta, Georgia From SEC filings, Oct 2026
Recent News (20)
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Why is Corpay stock sliding today?
Why is Corpay stock sliding today?
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Corpay reaches $100 million settlement with FTC
Corpay reaches $100 million settlement with FTC
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Corpay (CPAY) Simplifies Its Business As Profits Take A Hit
Corpay (CPAY) Simplifies Its Business As Profits Take A Hit
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Corpay Stock: Analyst Estimates & Ratings
Corpay Stock: Analyst Estimates & Ratings
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Diversified Financial Services Stocks Q2 Highlights: Corpay (NYSE:CPAY) Diversified Financial Services Stocks Q2 Highlights: Corpay (NYSE:CPAY) TradingView
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Corpay CEO Ronald Clarke sells $88.5m in CPAY stock
Corpay CEO Ronald Clarke sells $88.5m in CPAY stock
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Corpay group president Alan King sells $1.58m in stock
Corpay group president Alan King sells $1.58m in stock
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Corpay (CPAY) Financial Results: EPS Beats Its Estimate in the Latest Reading; After Results: The Market Price Advances 1.61% on the Day - EPS Guidance Update Corpay (CPAY) Financial Results: EPS Beats Its Estimate in the Latest Reading; After Results: The Market Price Advances 1.61% on the Day - EPS Guidance Update vinanet.vn
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Corpay group president Alan King sells $10.65m of common stock
Corpay group president Alan King sells $10.65m of common stock
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Corpay (CPAY) Just Posted A Record Quarter, So Why The Caution?
Corpay (CPAY) Just Posted A Record Quarter, So Why The Caution?
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Corpay Q2 Earnings Call Highlights
Corpay Q2 Earnings Call Highlights
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Corpay stock hits all-time high at 409.73 USD
Corpay stock hits all-time high at 409.73 USD
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Corpay Q2 Earnings Call Highlights Corpay Q2 Earnings Call Highlights
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Wolfe Research raises Corpay stock price target to $475 on growth
Wolfe Research raises Corpay stock price target to $475 on growth
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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
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Corpay Inc stock hits 52-week high of 395.51 USD
Corpay Inc stock hits 52-week high of 395.51 USD
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Form 4 Corpay Inc For: 24 July Form 4 Corpay Inc For: 24 July
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Form 4 Corpay Inc For: 24 July Form 4 Corpay Inc For: 24 July
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