Corpay Free Cash Flow Per Share vs Net Income Per Share Analysis

CPAY Stock   341.23  0.00  0.00%   
Corpay financial indicator trend analysis is way more than just evaluating Corpay Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corpay Inc is a good investment. Please check the relationship between Corpay Free Cash Flow Per Share and its Net Income Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corpay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Free Cash Flow Per Share vs Net Income Per Share

Free Cash Flow Per Share vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corpay Inc Free Cash Flow Per Share account and Net Income Per Share. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Corpay's Free Cash Flow Per Share and Net Income Per Share is 0.81. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Corpay Inc, assuming nothing else is changed. The correlation between historical values of Corpay's Free Cash Flow Per Share and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Corpay Inc are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Free Cash Flow Per Share i.e., Corpay's Free Cash Flow Per Share and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Net Income Per Share

Most indicators from Corpay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corpay Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corpay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Corpay's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 19.54 in 2024, whereas Selling General Administrative is likely to drop slightly above 415.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B2.7B2.9B1.9B
Total Revenue2.8B3.4B3.8B2.5B

Corpay fundamental ratios Correlations

0.990.710.960.850.920.970.910.960.90.960.620.910.920.99-0.250.990.730.36-0.540.990.950.840.80.83-0.34
0.990.660.970.760.910.990.930.960.910.930.690.910.930.95-0.320.980.750.26-0.551.00.960.890.740.82-0.32
0.710.660.710.60.730.640.70.650.640.650.370.640.590.68-0.550.670.840.86-0.830.70.720.510.480.86-0.78
0.960.970.710.680.960.960.960.950.90.860.720.910.950.9-0.430.940.80.33-0.650.980.990.90.620.81-0.38
0.850.760.60.680.680.730.60.790.750.930.210.750.710.910.140.80.410.36-0.250.750.660.60.930.66-0.26
0.920.910.730.960.680.890.950.910.880.80.630.880.950.85-0.420.880.810.37-0.690.930.970.840.540.77-0.4
0.970.990.640.960.730.890.910.940.840.920.690.840.920.95-0.350.980.750.25-0.560.990.940.860.740.81-0.34
0.910.930.70.960.60.950.910.880.860.780.810.860.90.84-0.480.910.840.38-0.670.950.980.790.490.81-0.35
0.960.960.650.950.790.910.940.880.90.920.630.90.920.94-0.250.940.690.27-0.520.960.930.850.760.78-0.33
0.90.910.640.90.750.880.840.860.90.830.631.00.860.86-0.220.870.660.27-0.450.90.910.850.640.73-0.24
0.960.930.650.860.930.80.920.780.920.830.460.830.840.99-0.070.950.590.32-0.390.920.830.760.930.78-0.3
0.620.690.370.720.210.630.690.810.630.630.460.630.640.53-0.560.660.680.09-0.470.70.750.610.180.62-0.15
0.910.910.640.910.750.880.840.860.91.00.830.630.860.87-0.220.870.660.28-0.450.90.910.850.640.73-0.25
0.920.930.590.950.710.950.920.90.920.860.840.640.860.87-0.360.880.730.15-0.610.930.930.920.620.76-0.37
0.990.950.680.90.910.850.950.840.940.860.990.530.870.87-0.150.970.650.35-0.450.950.880.790.880.81-0.32
-0.25-0.32-0.55-0.430.14-0.42-0.35-0.48-0.25-0.22-0.07-0.56-0.22-0.36-0.15-0.27-0.8-0.370.87-0.35-0.45-0.370.19-0.610.74
0.990.980.670.940.80.880.980.910.940.870.950.660.870.880.97-0.270.740.33-0.510.980.930.80.790.82-0.31
0.730.750.840.80.410.810.750.840.690.660.590.680.660.730.65-0.80.740.56-0.920.780.830.630.320.91-0.74
0.360.260.860.330.360.370.250.380.270.270.320.090.280.150.35-0.370.330.56-0.60.330.360.040.230.55-0.61
-0.54-0.55-0.83-0.65-0.25-0.69-0.56-0.67-0.52-0.45-0.39-0.47-0.45-0.61-0.450.87-0.51-0.92-0.6-0.59-0.66-0.53-0.14-0.80.88
0.991.00.70.980.750.930.990.950.960.90.920.70.90.930.95-0.350.980.780.33-0.590.980.860.720.83-0.35
0.950.960.720.990.660.970.940.980.930.910.830.750.910.930.88-0.450.930.830.36-0.660.980.860.570.81-0.37
0.840.890.510.90.60.840.860.790.850.850.760.610.850.920.79-0.370.80.630.04-0.530.860.860.570.68-0.33
0.80.740.480.620.930.540.740.490.760.640.930.180.640.620.880.190.790.320.23-0.140.720.570.570.61-0.2
0.830.820.860.810.660.770.810.810.780.730.780.620.730.760.81-0.610.820.910.55-0.80.830.810.680.61-0.74
-0.34-0.32-0.78-0.38-0.26-0.4-0.34-0.35-0.33-0.24-0.3-0.15-0.25-0.37-0.320.74-0.31-0.74-0.610.88-0.35-0.37-0.33-0.2-0.74
Click cells to compare fundamentals

Corpay Account Relationship Matchups

Corpay fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.2B11.2B13.4B14.1B15.5B11.9B
Short Long Term Debt Total5.1B4.3B6.0B7.0B6.7B5.0B
Other Current Liab1.4B1.6B2.3B560.9M3.0B3.1B
Total Current Liabilities4.5B4.0B5.3B6.0B6.8B4.6B
Total Stockholder Equity3.7B3.4B2.9B2.5B3.3B3.3B
Property Plant And Equipment Net284.1M202.5M236.3M294.7M429.7M216.4M
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
Non Current Assets Total7.6B7.2B7.9B8.0B8.4B7.6B
Non Currrent Assets Other108.2M193.2M213.9M281.7M162.1M150.1M
Cash And Short Term Investments1.7B934.9M1.5B1.4B1.4B1.1B
Net Receivables2.6B2.1B1.8B3.4B3.5B2.3B
Good Will4.8B4.7B5.1B5.2B5.6B4.8B
Common Stock Shares Outstanding90.1M86.7M84.1M76.9M74.4M69.7M
Liabilities And Stockholders Equity12.2B11.2B13.4B14.1B15.5B11.9B
Non Current Liabilities Total4.1B3.9B5.2B5.5B5.4B4.1B
Other Current Assets381.2M1.7B2.2B(1.7B)2.2B2.3B
Other Stockholder Equity(28.8M)(698.5M)(1.9B)(3.2B)(10.9B)(10.3B)
Total Liab8.5B7.8B10.5B11.5B12.2B8.6B
Total Current Assets4.6B4.0B5.5B6.1B7.1B4.3B
Accumulated Other Comprehensive Income(972.5M)(1.4B)(1.5B)(1.5B)(1.3B)(1.4B)
Short Term Debt1.8B1.2B1.5B2.3B2.1B1.7B
Intangible Assets2.3B2.1B2.3B2.1B2.1B2.4B
Common Stock124K126K127K128K129K135.8K

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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.