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Corpay CPAY Lodging Payments — Goodwill

Other segment segments

Corporate Payments
$3.96B+47.5%
Vehicle Payments
$2.92B+11.3%
Other
$258.79M+0.4%

Similar metrics at other companies

Vail Resorts logo
MTNLodging — Goodwill
$45.01M
TFI
TFINPayments — Goodwill
$15.6M
NewtekOne, Inc. logo
NEWTPayments — Goodwill
$13.81M0.0%
TripAdvisor logo
TRIPHotels And Other — Goodwill
$414M
Marriott Vacations Worldwide logo
VACVacation Ownership — Goodwill
$2.77B0.0%
Healthpeak Properties logo
DOCSenior housing — Goodwill
$3.85M

Other financials

Income statement

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Revenue$1.3B+25.4%
Operating income$636.2M+48.9%
Net income$350.1M+43.9%
EPS (diluted)$5.07+49.1%

Balance sheet

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Cash & equivalents$2.5B+63.2%
Total debt$10.4B+26.8%
Total equity$3.5B+1.6%
Total assets$26.7B+43.8%

Cash flow

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Operating cash flow-$56.6M+23.6%
CapEx$51.1M+14.1%
Free cash flow-$107.7M+9.4%

Valuation

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Market cap$21.78B+0.2%
Enterprise value$29.61B+6.8%
P/E18.5×-2.2×
P/S4.6×-0.7×

Profitability

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Operating margin46.1%+1.1pp
Net margin24.6%-0.6pp
FCF margin46.2%+0.8pp

Returns & leverage

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Return on equity33.8%+3.5pp
Debt / equity+0.6×
Current ratio-0.1×

Where this comes from

Reported directly by Corpay in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Corpay’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corpay's lodging payments — goodwill?
Corpay (CPAY) reported lodging payments — goodwill of $419.67M in Q4 2025.
How has Corpay's lodging payments — goodwill changed year-over-year?
Corpay's lodging payments — goodwill increased by 1.5% year-over-year, from $413.44M to $419.67M.
What does lodging payments — goodwill mean?
The intangible asset representing the premium paid for the lodging payments segment over the fair value of its net identifiable assets during an acquisition. It reflects the value of brand reputation, customer loyalty, and synergies associated with the segment.