Corpay Inc (CPAY) AI Stock Analysis

• Market Cap: $22.53B
• Dividend Yield: N/A
• Average Volume (3M): 454.01K
• Price to Earnings (P/E): 22.9
• Beta (1Y): 1.21
• Revenue Growth: 6.68%
• EPS Growth: 6.08%
• Country: US
• Employees: 11,200
• Sector: Technology
• Sector Strength: 93
• Industry: Software - Infrastructure
• EPS (TTM): 4.51
• Shares Outstanding: 70,493,454
• 10 Day Avg. Volume: 355,345
• 30 Day Avg. Volume: 454,008
• PEG Ratio: 12.22
• Price to Book (P/B): 6.55
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.95
• Enterprise Value/Market Cap: 1.29
• Enterprise Value/Revenue: 1.85
• Enterprise Value/Gross Profit: 9.40
• Enterprise Value/Ebitda: 3.48
• 1Y Price Target: $388.45
• Price Target Upside: 15.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14

• Rating: 73 Outperform
• Price Target: $373.00 ▲(11.31%Upside)

Corpay's overall stock score reflects strong financial performance and positive corporate events, mitigated by valuation concerns and technical indicators suggesting cautious sentiment. The company's strategic initiatives and growth potential are significant positives, while attention to debt and cash flow is necessary for long-term stability.

Positive Factors

Corporate Payments Segment

Strong corporate payments segment execution aids valuation by blending organic revenue growth higher.

Strategic Investments

Emphasis on full-stack AP and cross-border investments and partnerships will drive shareholder value.

Negative Factors

1Q Results

CPAY reported in-line 1Q results with revenue of $1,006mm, which was slightly below expectations but adjusted EBITDA was 9% above expectations.

US Payments Growth

US payments growth remains back-half loaded, which adds some execution risk.

Corpay Inc Business Overview & Revenue Model

Company Description

Corpay Inc (CPAY) is a financial technology company that specializes in providing integrated payment solutions and expense management services. Operating within the fintech sector, Corpay offers a suite of products designed to streamline payment processes, enhance cash flow management, and optimize expense reporting for businesses of all sizes. The company focuses on delivering efficient and secure financial services that cater to the needs of businesses seeking to improve their financial operations.

How the Company Makes Money

Corpay Inc generates revenue primarily through transaction fees and subscription models associated with its payment and expense management solutions. The company's key revenue streams include fees charged for processing payments, which may involve domestic and international transactions, as well as subscription fees for access to its financial management platforms. Additionally, Corpay may engage in partnerships with banks and financial institutions to expand its service offerings, which can enhance its revenue through collaborative arrangements and increased customer acquisition. The company's focus on technological innovation and customer-centric services plays a significant role in its ability to attract and retain clients, thereby contributing to its earnings.

Corpay Inc Financial Statement Overview

Summary

Corpay Inc demonstrates strong financial performance with consistent revenue and profit growth. The balance sheet is stable, and the cash flow is strong, but attention is needed on increasing debt and decreasing free cash flow.

Income Statement

Corpay Inc demonstrates strong financial performance with consistent revenue and profit growth. The TTM (Trailing-Twelve-Months) gross profit margin stands impressively high, reflecting efficient cost management. The net profit margin also shows a solid position, indicating profitability. The company maintains a robust EBIT and EBITDA margin, showcasing operational efficiency. Continued revenue growth, although slowing slightly, remains positive.

Balance Sheet

Corpay Inc's balance sheet indicates a stable financial structure with a healthy equity ratio, suggesting a strong asset base. The company has a moderate debt-to-equity ratio, indicating manageable leverage. Return on Equity is robust, reflecting effective use of equity to generate profits. However, the increase in total debt warrants attention to ensure long-term sustainability.

Cash Flow

The cash flow analysis of Corpay Inc shows a strong operating cash flow, supporting its profitability. However, the free cash flow has decreased in the most recent period, highlighting an area for improvement. The company maintains a healthy operating cash flow to net income ratio, indicating effective conversion of income into cash. The slight reduction in free cash flow growth rate poses a potential risk if not addressed.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.97B	3.76B	3.43B	2.83B	2.39B
Gross Profit	3.11B	2.94B	2.66B	2.27B	1.79B
EBITDA	2.12B	2.01B	1.76B	1.53B	1.27B
Net Income	1.00B	981.89M	954.33M	839.50M	704.22M
Balance Sheet
Total Assets	17.96B	15.48B	14.09B	13.40B	11.19B
Cash, Cash Equivalents and Short-Term Investments	1.55B	1.41B	1.44B	1.52B	934.90M
Total Debt	8.00B	6.72B	7.04B	5.98B	4.30B
Total Liabilities	14.81B	12.19B	11.55B	10.54B	7.84B
Stockholders Equity	3.12B	3.28B	2.54B	2.87B	3.36B
Cash Flow
Free Cash Flow	1.77B	1.95B	603.37M	1.09B	1.39B
Operating Cash Flow	1.94B	2.10B	754.80M	1.20B	1.47B
Investing Cash Flow	-807.48M	-380.72M	-368.35M	-715.93M	-106.25M
Financing Cash Flow	404.99M	-898.21M	-311.23M	343.93M	-1.42B

Corpay Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 335.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CPAY, the sentiment is Positive. The current price of 335.1 is above the 20-day moving average (MA) of 328.61, above the 50-day MA of 332.70, and below the 200-day MA of 344.99, indicating a neutral trend. The MACD of -0.68 indicates Positive momentum. The RSI at 53.45 is Neutral, neither overbought nor oversold. The STOCH value of 36.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CPAY.

Corpay Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FOUR	79 Outperform	$8.95B	34.94	30.28%	―	27.39%	115.40%
XYZ	76 Outperform	$42.46B	17.20	12.93%	―	4.60%	425.38%
PAYO	74 Outperform	$2.47B	23.08	15.97%	―	14.86%	-0.94%
CPAY	73 Outperform	$22.53B	22.94	30.33%	―	6.68%	6.08%
EEFT	71 Outperform	$4.32B	14.78	25.00%	―	7.73%	19.76%
WEX	70 Outperform	$5.17B	19.77	24.37%	―	0.90%	26.13%
Sector *	57 Neutral	HK$14.14B	5.06	-5.75%	5.40%	9.34%	-42.23%

Corpay Inc Corporate Events

Corpay Inc Holds Annual Shareholder Meeting

On June 11, 2025, Corpay Inc held its Annual Meeting where shareholders voted on several key matters. The election of eleven directors saw varying levels of support, with Jeffrey S. Sloan receiving the highest number of votes in favor. Additionally, Ernst & Young LLP was reappointed as the independent public accounting firm for 2025. A shareholder proposal for an independent Board chair was rejected, and the advisory vote on executive compensation showed a divided opinion among shareholders.

The most recent analyst rating on (CPAY) stock is a Buy with a $330.00 price target. To see the full list of analyst forecasts on Corpay Inc stock, see the CPAY Stock Forecast page.

Corpay Inc Appoints Peter Walker as New CFO

On June 10, 2025, Corpay, Inc. announced the appointment of Peter Walker as Chief Financial Officer, effective July 21, 2025. Peter Walker, who previously served as CFO at Instructure Holdings, brings a wealth of experience from various financial leadership roles. His appointment is expected to enhance Corpay’s business operations and strategic financial management. Interim CFO Alissa Vickery will return to her role as Chief Accounting Officer following Walker’s appointment.

The most recent analyst rating on (CPAY) stock is a Buy with a $330.00 price target. To see the full list of analyst forecasts on Corpay Inc stock, see the CPAY Stock Forecast page.

Corpay Inc Announces Strategic Partnerships and Acquisition Plans

Corpay Inc. reported its financial results for the first quarter of 2025, showing a solid performance with revenues exceeding $1 billion and a 9% organic revenue growth. The company announced strategic partnerships with Mastercard and plans to invest $500 million to acquire AvidXchange, which could enhance its market positioning and operational capabilities.