Discontinued — last reported Q3 '23

Business Segments · Consolidated revenues, net (percent)

Fleet — Consolidated revenues, net (percent)

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%.

Analysis

StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ3 2023

How to read this metric

An increase suggests the company is becoming more dependent on fleet services, while a decrease indicates diversification into other payment areas.

Detailed definition

This metric measures the Fleet segment's contribution as a percentage of the company's total consolidated net revenues....

Peer comparison

Comparable to segment revenue mix percentages reported by diversified financial services or payment processing firms.

Metric ID: cpay_segment_fleet_consolidated_revenues_net_percent

Historical Data

6 periods
 Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23
Value45%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%
Range38%45%
CAGR-12.7%
Avg YoY Growth-10.5%
Median YoY Growth-9.1%
Current Streak3 quarters decline

Frequently Asked Questions

What is Corpay's fleet — consolidated revenues, net (percent)?
Corpay (CPAY) reported fleet — consolidated revenues, net (percent) of 38.0% in Q3 2023.
How has Corpay's fleet — consolidated revenues, net (percent) changed year-over-year?
Corpay's fleet — consolidated revenues, net (percent) decreased by 13.6% year-over-year, from 44.0% to 38.0%.
What does fleet — consolidated revenues, net (percent) mean?
The proportion of total company revenue that comes from the fleet business segment.