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Corpay CPAY Return on invested capital

Return on invested capital at other companies

American Express logo
American ExpressAXP
49.1%-10.0pp
U.S. Bancorp logo
U.S. BancorpUSB
21.1%-6.5pp
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
4.6%-0.3pp
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
4.4%+2.9pp
Global Payments logo
Global PaymentsGPN
3.6%-0.9pp
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
35.9%+12.6pp

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 May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corpay's return on invested capital?
Corpay (CPAY) reported return on invested capital of 14.2% in Q1 2026.
How has Corpay's return on invested capital changed year-over-year?
Corpay's return on invested capital increased by 1.1% year-over-year, from 14% to 14.2%.
What is the long-term trend for Corpay's return on invested capital?
Over 4 years (2021 to 2025), Corpay's return on invested capital has grown at a 2.0% compound annual growth rate (CAGR), from 50.6% to 54.8%.
What does return on invested capital mean?
The after-tax return the business earns on all the capital — debt and equity — invested in it.
How do you interpret return on invested capital?
The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
How does return on invested capital compare across companies?
Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.