Corpay, Inc.

CPAY Technology Software Infrastructure

Corpay, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.5 billion, up 13.9% from fiscal 2024.

Revenue
+17.9%
EPS
+45.1%
Free cash flow
−71.0%
Total debt
+4.30%

Quarter to September 2026, against a year earlier

452.34 5.34 +1.19%
Market cap
$29.4B
P/E
24.5×
Fwd P/E
20.1×
Dividend yield
—
F-score
5/9
Altman Z
1.51
Beneish M
−2.44
Dividend safety
n/a

Corpay, Inc. (CPAY) Operating margin

Alert me on Operating margin

Corpay, Inc.'s operating margin over the twelve months to 30 September 2026 was 43.9%, down 0.2 percentage points from fiscal 2025 (44.0%). Over the past ten years it has ranged from 39.2% (fiscal 2015) to 46.5% (fiscal 2019); the current reading is higher than 64% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 44.0% (0.92)
FY2024 45.0% 0.87
FY2023 44.1% 1.88
FY2022 42.2% (1.64)
FY2021 43.9% 3.15
FY2020 40.7% (5.79)
FY2019 46.5% 1.67
FY2018 44.8% 5.53
FY2017 39.3% (1.89)
FY2016 41.2% 1.98

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 45.0% 9.68
Jun 2026 35.3% (15.17)
Mar 2026 50.5% 5.23
Dec 2025 45.2% 0.60
43 more quarters

Against its own ten years

Low 39.2% High 46.5%
Ten-year median 43.9%
Current reading's percentile 58

Operating margin against peers

Company Operating margin
VRSN VeriSign, Inc. compare 67.6%
CPAY Corpay, Inc. 43.9%
GPN Global Payments Inc. compare 12.8%
OKTA Okta, Inc. compare 7.55%
TWLO Twilio Inc. compare 6.82%
IOT Samsara Inc. compare 1.05%
MDB MongoDB, Inc. compare −0.52%
CRWV CoreWeave Inc. compare −3.04%
RBRK Rubrik, Inc. compare −18.3%
Software Infrastructure industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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