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, vehicle compliance, 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 AP automation; virtual cards, cross-border solutions; and purchasing and T&E 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; workforce lodging solutions for business travel programs; airline logistics, crew management, insurance, and other payments solutions. 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.
Future Prospects | Learn how Corpay navigates macroeconomic challenges while capitalizing on growing demand for digital payment solutions in education and healthcare sectors |
Market Positioning | Delve into Corpay's competitive edge in B2B payments, leveraging its integrated platform for multiple jurisdictions and currencies |
Financial Resilience | Explore Corpay's robust financial health, with EPS projections reaching $22.50 for FY2 and analyst price targets ranging from $350 to $440 |
Payment Powerhouse | Corpay's Corporate Payments segment drives growth, with a 95% revenue retention rate and expansion into new verticals through strategic acquisitions |
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 | 24.2x | 14.6x | 8.9x | |
PEG Ratio | 3.96 | 0.00 | 0.03 | |
Price / Book | 7.1x | 1.8x | 1.0x | |
Price / LTM Sales | 6.1x | 3.1x | 2.7x | |
Upside (Analyst Target) | 14.7% | 14.4% | 11.9% | |
Fair Value Upside | Unlock | 5.7% | 2.9% | Unlock |