Corpay Net Income From Continuing Ops vs Income Before Tax Analysis

CPAY Stock   324.69  11.02  3.28%   
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 Net Income From Continuing Ops and its Income Before Tax 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.

Net Income From Continuing Ops vs Income Before Tax

Net Income From Continuing Ops vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corpay Inc Net Income From Continuing Ops account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Corpay's Net Income From Continuing Ops and Income Before Tax is 0.74. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Income Before Tax 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 Net Income From Continuing Ops and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Corpay Inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income From Continuing Ops i.e., Corpay's Net Income From Continuing Ops and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income From Continuing Ops

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Corpay income statement and is an important metric when analyzing Corpay Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.18 in 2025, whereas Selling General Administrative is likely to drop slightly above 437.5 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit2.7B2.9B3.1B2.0B
Total Revenue3.4B3.8B4.0B2.7B

Corpay fundamental ratios Correlations

0.990.650.960.80.930.980.930.960.910.960.640.910.840.98-0.420.990.790.53-0.620.990.960.880.780.86-0.36
0.990.60.970.730.930.990.940.950.910.930.660.910.850.95-0.480.980.80.48-0.640.990.970.910.730.85-0.35
0.650.60.580.610.720.560.650.650.650.620.210.660.630.66-0.250.640.560.44-0.690.620.620.40.460.58-0.07
0.960.970.580.620.950.960.970.90.870.840.730.870.780.88-0.590.920.850.58-0.730.980.990.940.590.83-0.4
0.80.730.610.620.670.70.590.790.750.920.290.750.710.890.060.780.420.35-0.240.710.610.570.940.65-0.22
0.930.930.720.950.670.910.960.910.890.830.60.890.880.87-0.540.90.840.5-0.810.940.960.860.560.81-0.3
0.980.990.560.960.70.910.930.930.850.920.670.850.820.94-0.50.980.80.49-0.650.990.960.90.720.84-0.36
0.930.940.650.970.590.960.930.880.860.810.710.870.80.86-0.610.920.870.54-0.780.960.990.860.510.84-0.33
0.960.950.650.90.790.910.930.880.910.930.570.910.890.95-0.360.940.720.4-0.610.940.90.840.760.81-0.28
0.910.910.650.870.750.890.850.860.910.850.551.00.830.88-0.330.880.690.39-0.530.890.880.840.660.76-0.26
0.960.930.620.840.920.830.920.810.930.850.520.850.810.99-0.220.960.650.45-0.450.910.830.780.920.81-0.31
0.640.660.210.730.290.60.670.710.570.550.520.550.420.55-0.830.620.880.78-0.560.690.710.680.30.86-0.85
0.910.910.660.870.750.890.850.870.911.00.850.550.840.88-0.340.880.690.39-0.540.890.880.840.660.76-0.26
0.840.850.630.780.710.880.820.80.890.830.810.420.840.84-0.350.820.650.18-0.670.820.790.780.620.72-0.15
0.980.950.660.880.890.870.940.860.950.880.990.550.880.84-0.290.970.70.47-0.520.940.880.80.870.83-0.31
-0.42-0.48-0.25-0.590.06-0.54-0.5-0.61-0.36-0.33-0.22-0.83-0.34-0.35-0.29-0.41-0.86-0.650.79-0.52-0.6-0.540.08-0.680.68
0.990.980.640.920.780.90.980.920.940.880.960.620.880.820.97-0.410.780.48-0.60.980.930.830.780.85-0.32
0.790.80.560.850.420.840.80.870.720.690.650.880.690.650.7-0.860.780.77-0.840.830.860.730.360.93-0.69
0.530.480.440.580.350.50.490.540.40.390.450.780.390.180.47-0.650.480.77-0.530.540.570.430.30.74-0.82
-0.62-0.64-0.69-0.73-0.24-0.81-0.65-0.78-0.61-0.53-0.45-0.56-0.54-0.67-0.520.79-0.6-0.84-0.53-0.68-0.75-0.62-0.13-0.680.35
0.990.990.620.980.710.940.990.960.940.890.910.690.890.820.94-0.520.980.830.54-0.680.980.90.690.85-0.37
0.960.970.620.990.610.960.960.990.90.880.830.710.880.790.88-0.60.930.860.57-0.750.980.910.560.83-0.37
0.880.910.40.940.570.860.90.860.840.840.780.680.840.780.8-0.540.830.730.43-0.620.90.910.560.74-0.39
0.780.730.460.590.940.560.720.510.760.660.920.30.660.620.870.080.780.360.3-0.130.690.560.560.62-0.24
0.860.850.580.830.650.810.840.840.810.760.810.860.760.720.83-0.680.850.930.74-0.680.850.830.740.62-0.72
-0.36-0.35-0.07-0.4-0.22-0.3-0.36-0.33-0.28-0.26-0.31-0.85-0.26-0.15-0.310.68-0.32-0.69-0.820.35-0.37-0.37-0.39-0.24-0.72
Click cells to compare fundamentals

Corpay Account Relationship Matchups

Corpay fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.2B13.4B14.1B15.5B18.0B12.5B
Short Long Term Debt Total4.3B6.0B7.0B6.7B8.0B5.4B
Other Current Liab1.6B2.3B560.9M3.0B972.0M1.4B
Total Current Liabilities4.0B5.3B6.0B6.8B8.7B5.0B
Total Stockholder Equity3.4B2.9B2.5B3.3B3.1B3.3B
Property Plant And Equipment Net202.5M236.3M294.7M429.7M377.7M233.0M
Net Debt3.4B4.5B5.6B5.3B6.4B4.2B
Retained Earnings5.4B6.3B7.2B8.2B9.2B5.0B
Accounts Payable1.1B1.4B1.6B1.6B1.6B1.3B
Cash934.9M1.5B1.4B1.4B1.6B1.2B
Non Current Assets Total7.2B7.9B8.0B8.4B9.3B7.8B
Non Currrent Assets Other193.2M213.9M281.7M162.1M448.3M470.7M
Cash And Short Term Investments934.9M1.5B1.4B1.4B1.6B1.2B
Net Receivables2.1B1.8B3.4B3.5B2.1B2.3B
Good Will4.7B5.1B5.2B5.6B6.0B4.9B
Common Stock Shares Outstanding86.7M84.1M76.9M74.4M71.8M68.7M
Liabilities And Stockholders Equity11.2B13.4B14.1B15.5B18.0B12.5B
Non Current Liabilities Total3.9B5.2B5.5B5.4B6.1B4.3B
Other Current Assets1.7B2.2B(1.7B)2.2B5.0B5.3B
Other Stockholder Equity(698.5M)(1.9B)(3.2B)(10.9B)(4.4B)(4.1B)
Total Liab7.8B10.5B11.5B12.2B14.8B9.3B
Total Current Assets4.0B5.5B6.1B7.1B8.7B4.7B
Accumulated Other Comprehensive Income(1.4B)(1.5B)(1.5B)(1.3B)(1.7B)(1.6B)
Short Term Debt1.2B1.5B2.3B2.1B2.8B1.8B
Intangible Assets2.1B2.3B2.1B2.1B2.4B2.4B
Common Stock126K127K128K129K131K136.5K

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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.