Corpay Financials

CPAY Stock   343.83  4.74  1.40%   
Based on the key measurements obtained from Corpay's financial statements, Corpay Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Corpay's Other Current Liabilities is fairly stable compared to the past year. Inventory is likely to rise to about 3.2 B in 2024, whereas Total Assets are likely to drop slightly above 11.9 B in 2024. Key indicators impacting Corpay's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.320.2613
Fairly Up
Pretty Stable
Return On Assets0.04920.0634
Significantly Down
Pretty Stable
Return On Equity0.180.2991
Way Down
Slightly volatile
Debt Equity Ratio1.242.0482
Way Down
Slightly volatile
Operating Income1.1 B1.7 B
Way Down
Slightly volatile
Current Ratio0.721.0379
Way Down
Slightly volatile
Investors should never underestimate Corpay's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Corpay's cash flow, debt, and profitability to make informed and accurate decisions about investing in Corpay Inc.

Net Income

739.47 Million

  
Understanding current and past Corpay Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Corpay's financial statements are interrelated, with each one affecting the others. For example, an increase in Corpay's assets may result in an increase in income on the income statement.

Corpay Inc Earnings Geography

Please note, the imprecision that can be found in Corpay's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Corpay Inc. Check Corpay's Beneish M Score to see the likelihood of Corpay's management manipulating its earnings.

Corpay Stock Summary

Corpay competes with SentinelOne, BlackBerry, Global Blue, Aurora Mobile, and Marqeta. Corpay is entity of United States. It is traded as Stock on NYSE exchange.
Specialization
Financials, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2199481068
CUSIP339041105 219948106
Older SymbolFLT
LocationGeorgia; U.S.A
Business Address3280 Peachtree Road,
SectorFinancial Services
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.corpay.com
Phone770 417 4697

Corpay Key Financial Ratios

Corpay Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets12.2B11.2B13.4B14.1B15.5B11.9B
Other Current Liab1.4B1.6B2.3B560.9M3.0B3.1B
Net Debt3.5B3.4B4.5B5.6B5.3B3.9B
Retained Earnings4.7B5.4B6.3B7.2B8.2B4.5B
Accounts Payable1.2B1.1B1.4B1.6B1.6B1.2B
Cash1.7B934.9M1.5B1.4B1.4B1.1B
Net Receivables2.6B2.1B1.8B3.4B3.5B2.3B
Good Will4.8B4.7B5.1B5.2B5.6B4.8B
Other Current Assets381.2M1.7B2.2B(1.7B)2.2B2.3B
Total Liab8.5B7.8B10.5B11.5B12.2B8.6B
Total Current Assets4.6B4.0B5.5B6.1B7.1B4.3B
Short Term Debt1.8B1.2B1.5B2.3B2.1B1.7B
Intangible Assets2.3B2.1B2.3B2.1B2.1B2.4B
Common Stock124K126K127K128K129K135.8K

Corpay Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Total Revenue2.6B2.4B2.8B3.4B3.8B2.5B
Gross Profit1.9B1.8B2.3B2.7B2.9B1.9B
Operating Income1.2B972.3M1.2B1.4B1.7B1.1B
Ebit1.2B1.0B1.2B1.5B1.7B1.1B
Research Development21.8M24.2M37.2M40.2M46.2M23.3M
Ebitda1.5B1.3B1.5B1.8B2.0B1.3B
Cost Of Revenue726.0M596.4M559.8M764.7M819.9M644.9M
Income Before Tax1.1B882.5M1.1B1.3B1.3B975.4M
Net Income895.1M704.2M839.5M954.3M981.9M739.5M
Income Tax Expense182.7M178.3M269.3M321.3M343.1M235.9M

Corpay Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Corpay Inc. It measures of how well Corpay is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Corpay brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Corpay had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Corpay has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash310.3M(198.6M)774.1M38.5M852.4M895.0M
Free Cash Flow1.1B1.4B1.1B603.4M1.9B984.7M
Depreciation269.7M254.8M284.2M322.3M336.6M252.9M
Other Non Cash Items685.5M133.0M60.2M142.4M119.3M113.4M
Capital Expenditures75.2M78.4M111.5M151.4M153.8M87.1M
Net Income895.1M704.2M839.5M954.3M981.9M739.5M
End Period Cash Flow1.7B1.5B2.3B2.3B3.1B3.3B

Corpay Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Corpay's current stock value. Our valuation model uses many indicators to compare Corpay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Corpay competition to find correlations between indicators driving Corpay's intrinsic value. More Info.
Corpay Inc is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.21  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Corpay Inc is roughly  4.69 . At this time, Corpay's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Corpay's earnings, one of the primary drivers of an investment's value.

Corpay's Earnings Breakdown by Geography

Corpay Inc Systematic Risk

Corpay's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Corpay volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Corpay Inc correlated with the market. If Beta is less than 0 Corpay generally moves in the opposite direction as compared to the market. If Corpay Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Corpay Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Corpay is generally in the same direction as the market. If Beta > 1 Corpay moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Corpay Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Corpay's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Corpay growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.47

At this time, Corpay's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Corpay December 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Corpay help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Corpay Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Corpay Inc based on widely used predictive technical indicators. In general, we focus on analyzing Corpay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Corpay's daily price indicators and compare them against related drivers.

Additional Tools for Corpay Stock Analysis

When running Corpay's price analysis, check to measure Corpay's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corpay is operating at the current time. Most of Corpay's value examination focuses on studying past and present price action to predict the probability of Corpay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corpay's price. Additionally, you may evaluate how the addition of Corpay to your portfolios can decrease your overall portfolio volatility.