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Corpay, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. The company was formerly known as FLEETCOR Technologies, Inc. and changed its name to Corpay, Inc. in March 2024. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.
Strategic Expansion | Explore Corpay's recent acquisitions of GPS Capital Markets and Paymerang, expanding its reach into new verticals and enhancing cross-border payment capabilities. |
Financial Trajectory | Corpay's Corporate Payments segment outpaces overall company growth, with analysts projecting potential revenue and EPS upside for fiscal year 2025. |
Market Positioning | Delve into Corpay's competitive edge in B2B payments, offering integrated solutions across multiple jurisdictions and currencies, appealing to multinational corporations. |
Analyst Outlook | Price targets range from $310 to $415, reflecting varied perspectives on Corpay's growth potential and market position in the evolving payments landscape. |
Metrics to compare | CPAY | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipCPAYPeersSector | |
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P/E Ratio | 24.8x | −0.2x | 8.8x | |
PEG Ratio | 2.54 | 0.09 | 0.03 | |
Price/Book | 8.1x | 3.4x | 1.0x | |
Price / LTM Sales | 6.5x | 3.9x | 2.8x | |
Upside (Analyst Target) | 10.0% | 22.3% | 11.4% | |
Fair Value Upside | Unlock | 16.1% | 3.0% | Unlock |