Discontinued — last reported Q3 '23
Corpay Fleet — Consolidated revenues, net (percent) decreased by 5.0% to 38.0% in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 13.6%, from 44.0% to 38.0%.
An increase suggests the company is becoming more dependent on fleet services, while a decrease indicates diversification into other payment areas.
This metric measures the Fleet segment's contribution as a percentage of the company's total consolidated net revenues....
Comparable to segment revenue mix percentages reported by diversified financial services or payment processing firms.
cpay_segment_fleet_consolidated_revenues_net_percent| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | 45% | 44% | 44% | 41% | 40% | 38% |
| QoQ Change | — | -2.2% | +0.0% | -6.8% | -2.4% | -5.0% |
| YoY Change | — | — | — | -8.9% | -9.1% | -13.6% |