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. In the quarter to June 2026, revenue grew 21.5%, EPS fell 6.95%, free cash flow grew 30.2% and total debt rose 3.90%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years; insiders bought in the last twelve months.
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Corpay, Inc. (CPAY) Price to free cash flow
As of 16 October 2026, Corpay, Inc. (CPAY) trades at a price to free cash flow of 16.0×. Over the past ten years it has ranged from 9.6× (April 2023) to 31.7× (January 2018); the current reading is higher than 29% of that period. That is in line with the Software Infrastructure industry median of 16.3× and below the Technology sector median of 20.0×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 16.2× | 20.50% |
| FY2024 | 13.5× | 27.46% |
| FY2023 | 10.6× | (53.92%) |
| FY2022 | 23.0× | 35.65% |
| FY2021 | 16.9× | 2.93% |
| FY2020 | 16.4× | (28.12%) |
| FY2019 | 22.9× | 14.06% |
| FY2018 | 20.1× | (30.77%) |
| FY2017 | 29.0× | 40.39% |
| FY2016 | 20.6× | 11.80% |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 13.3× | (11.11%) |
| Mar 2026 | 15.0× | (7.68%) |
| Dec 2025 | 16.2× | (8.29%) |
| Sep 2025 | 17.7× | 45.93% |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| CPAY Corpay, Inc. | 16.0× |
| VRSN VeriSign, Inc. compare | 25.8× |
| FFIV F5, Inc. compare | 26.5× |
| GPN Global Payments Inc. compare | 27.5× |
| OKTA Okta, Inc. compare | 34.1× |
| MDB MongoDB, Inc. compare | 41.2× |
| ZS Zscaler, Inc. compare | 42.6× |
| RBRK Rubrik, Inc. compare | 80.9× |
| IOT Samsara Inc. compare | 90.1× |
| Software Infrastructure industry median | 16.3× |
| Technology sector median | 20.0× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on CPAY
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement