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Corpay CPAY Free cash flow yield

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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$23.09B-19.2%
Enterprise value$30.92B-11.2%
P/E19.6×-8.5×
P/S4.8×-2.2×

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 official record: Corpay’s 10-Q, filed August 7, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corpay's free cash flow yield?
Corpay (CPAY) reported free cash flow yield of 8.3% in Q2 2025.
How has Corpay's free cash flow yield changed year-over-year?
Corpay's free cash flow yield decreased by 8.4% year-over-year, from 9.1% to 8.3%.
What is the long-term trend for Corpay's free cash flow yield?
Over 3 years (2021 to 2024), Corpay's free cash flow yield has grown at a 18.8% compound annual growth rate (CAGR), from 18.7% to 31.3%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.