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Corpay CPAY Free cash flow margin

Free cash flow margin at other companies

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3.9%-7.0pp
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23.9%-0.2pp
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12%-19.4pp
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21.2%+0.6pp
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9.1%+2.1pp

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$24.98B+9.2%
Enterprise value$32.8B+13.9%
P/E21.2×-0.6×
P/S5.2×-0.3×

Profitability

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

Returns & leverage

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

Where this comes from

Calculated from Corpay’s reported figures.

Based on trailing twelve months.

The source filing: Corpay’s 10-Q, filed August 7, 2025. Open the filing →

Filed
Aug 7, 2025
Fiscal quarter
Q2 FY2025
Calendar quarter
Q2 2025
Accession
0001175454-25-000018

FAQ

What is Corpay's free cash flow margin?
Corpay (CPAY) reported free cash flow margin of 46.2% in Q2 2025.
How has Corpay's free cash flow margin changed year-over-year?
Corpay's free cash flow margin increased by 1.9% year-over-year, from 45.4% to 46.2%.
What is the long-term trend for Corpay's free cash flow margin?
Over 4 years (2020 to 2024), Corpay's free cash flow margin has grown at a -6.6% compound annual growth rate (CAGR), from 58.4% to 44.4%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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