Corpay, Inc. (CPAY) stock
CPAYNYSEServices-Business Services, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 11/308% above fair value
$462.22+6.21 (+1.36%)
Close on Nov 13, 2026Market cap $30.35BP/E 25.4Yield –
Corpay operating margin
Operating margin is operating income as a percentage of revenue.
Corpay's operating margin for the twelve months ending Sep 30, 2026 was 43.9%. For fiscal 2025 it was 44.0%, against 45.0% the year before. The highest annual figure on record is 47.1% in fiscal 2014.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 44.0% | −0.9 |
| FY2024 | Dec 31, 2024 | 45.0% | +0.9 |
| FY2023 | Dec 31, 2023 | 44.1% | +1.9 |
| FY2022 | Dec 31, 2022 | 42.2% | −1.6 |
| FY2021 | Dec 31, 2021 | 43.8% | +3.1 |
| FY2020 | Dec 31, 2020 | 40.7% | −5.8 |
| FY2019 | Dec 31, 2019 | 46.5% | +1.7 |
| FY2018 | Dec 31, 2018 | 44.8% | +5.5 |
| FY2017 | Dec 31, 2017 | 39.3% | −1.9 |
| FY2016 | Dec 31, 2016 | 41.2% | +2.0 |
| FY2015 | Dec 31, 2015 | 39.2% | −7.9 |
| FY2014 | Dec 31, 2014 | 47.1% | +0.2 |
| FY2013 | Dec 31, 2013 | 47.0% | +1.1 |
| FY2012 | Dec 31, 2012 | 45.9% | +2.4 |
| FY2011 | Dec 31, 2011 | 43.6% | +4.3 |
| FY2010 | Dec 31, 2010 | 39.3% | −1.9 |
| FY2009 | Dec 31, 2009 | 41.2% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 45.0% | +0.3 |
| Q2 FY2026 | Jun 30, 2026 | 35.3% | −8.2 |
| Q1 FY2026 | Mar 31, 2026 | 50.4% | +8.0 |
| Q4 FY2025 | Dec 31, 2025 | 45.2% | −2.0 |
| Q3 FY2025 | Sep 30, 2025 | 44.6% | −0.9 |
| Q2 FY2025 | Jun 30, 2025 | 43.5% | −0.9 |
| Q1 FY2025 | Mar 31, 2025 | 42.5% | −0.0 |
| Q4 FY2024 | Dec 31, 2024 | 47.2% | +2.0 |
| Q3 FY2024 | Sep 30, 2024 | 45.5% | −0.3 |
| Q2 FY2024 | Jun 30, 2024 | 44.4% | +0.9 |
| Q1 FY2024 | Mar 31, 2024 | 42.5% | +0.9 |
| Q4 FY2023 | Dec 31, 2023 | 45.2% | +3.4 |
| Q3 FY2023 | Sep 30, 2023 | 45.8% | +2.3 |
| Q2 FY2023 | Jun 30, 2023 | 43.5% | +0.5 |
| Q1 FY2023 | Mar 31, 2023 | 41.6% | +1.4 |
| Q4 FY2022 | Dec 31, 2022 | 41.8% | −0.6 |
| Q3 FY2022 | Sep 30, 2022 | 43.6% | −1.3 |
| Q2 FY2022 | Jun 30, 2022 | 43.0% | −1.6 |
| Q1 FY2022 | Mar 31, 2022 | 40.3% | −3.4 |
| Q4 FY2021 | Dec 31, 2021 | 42.4% | −5.2 |
| Q3 FY2021 | Sep 30, 2021 | 44.8% | −0.4 |
| Q2 FY2021 | Jun 30, 2021 | 44.6% | +4.1 |
| Q1 FY2021 | Mar 31, 2021 | 43.7% | +13.3 |
| Q4 FY2020 | Dec 31, 2020 | 47.6% | +1.7 |
| Q3 FY2020 | Sep 30, 2020 | 45.2% | −3.1 |
| Q2 FY2020 | Jun 30, 2020 | 40.5% | −5.4 |
| Q1 FY2020 | Mar 31, 2020 | 30.4% | −15.3 |
| Q4 FY2019 | Dec 31, 2019 | 45.9% | +1.6 |
| Q3 FY2019 | Sep 30, 2019 | 48.3% | +3.0 |
| Q2 FY2019 | Jun 30, 2019 | 45.9% | +0.7 |
| Q1 FY2019 | Mar 31, 2019 | 45.7% | +1.3 |
| Q4 FY2018 | Dec 31, 2018 | 44.3% | +4.9 |
| Q3 FY2018 | Sep 30, 2018 | 45.4% | +5.1 |
| Q2 FY2018 | Jun 30, 2018 | 45.3% | +5.3 |
| Q1 FY2018 | Mar 31, 2018 | 44.4% | +6.9 |
| Q4 FY2017 | Dec 31, 2017 | 39.3% | −2.6 |
| Q3 FY2017 | Sep 30, 2017 | 40.3% | – |
| Q2 FY2017 | Jun 30, 2017 | 39.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 37.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 41.9% | – |
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