Discontinued — last reported Q3 '23

Business Segments · Revenue

Fleet — Revenue

Corpay Fleet — Revenue decreased by 4.5% to $365.50M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 7.5%, from $395.20M to $365.50M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2023
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher transaction volumes or improved pricing power within the fleet customer base.

Detailed definition

This metric represents the total gross revenue generated specifically from the Fleet segment, which provides payment sol...

Peer comparison

Similar to fleet card revenue or vehicle expense management revenue at competitors like WEX or FleetCor.

Metric ID: cpay_segment_fleet_revenues

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$333.09M$343.19M$348.88M$351.60M$377.40M$395.20M$380.73M$372.71M$382.61M$365.50M
QoQ Change+3.0%+1.7%+0.8%+7.3%+4.7%-3.7%-2.1%+2.7%-4.5%
YoY Change+13.3%+15.2%+9.1%+6.0%+1.4%-7.5%
Range$333.09M$395.20M
CAGR+4.2%
Avg YoY Growth+6.2%
Median YoY Growth+7.6%

Frequently Asked Questions

What is Corpay's fleet — revenue?
Corpay (CPAY) reported fleet — revenue of $365.50M in Q3 2023.
How has Corpay's fleet — revenue changed year-over-year?
Corpay's fleet — revenue decreased by 7.5% year-over-year, from $395.20M to $365.50M.
What does fleet — revenue mean?
The total revenue earned from the company's fleet-related payment services.