CORPAY, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 10,002 | 72.0 |
| Stockholders' equity | 3,884 | 28.0 |
| Total capitalization | 13,886 | 100.0 |
65,659,599 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 10 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 10,002 |
| Current maturities | 3,346 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 475,000,000 |
| Common shares issued | 132,186,610 |
| Treasury shares | 63,824,321 |
| Par or stated value per share ($) | 0.001 |
| Outstanding at 7/31/26 | 65,659,599 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
| 2021 | – | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware. Formerly known as FLEETCOR TECHNOLOGIES INC (to 14 March 2024).
BUSINESS: Classified by the SEC under Standard Industrial Classification 7389, Services-Business Services, NEC. Large accelerated filer. Principal executive office: 3280 Peachtree Road, Suite 2400, Atlanta, GA 30305. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 4,528 | 3,975 | 3,758 |
| Depreciation and amortization | 393 | 351 | 337 |
| Operating income | 1,994 | 1,787 | 1,657 |
| Interest expense | 404 | 383 | 349 |
| Income before income taxes | 1,542 | 1,385 | 1,325 |
| Income taxes | 470 | 381 | 343 |
| Net income | 1,070 | 1,004 | 982 |
| Earned per share, diluted ($) | 15.03 | 13.97 | 13.20 |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 2,408 | 1,554 |
| Receivables, net | 2,146 | 2,090 |
| Total current assets | 13,963 | 8,676 |
| Property, plant and equipment, net | 472 | 378 |
| Goodwill | 7,565 | 5,985 |
| Total assets | 26,408 | 17,957 |
| Total current liabilities | 14,297 | 8,708 |
| Stockholders' equity | 3,884 | 3,122 |
| Total liabilities and equity | 26,408 | 17,957 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 4,528 | 1,994 | 1,070 | 23.6 | 15.03 | – | 1,500 | 201 | 1,299 | 26,408 | 22,481d | 10,002 | 3,884 | 27.5 | 2.58 |
| 12/31/24 | 3,975 | 1,787 | 1,004 | 25.3 | 13.97 | – | 1,941 | 175 | 1,765 | 17,957 | 14,811d | 7,996 | 3,122 | 32.1 | 2.56 |
| 12/31/23 | 3,758 | 1,657 | 982 | 26.1 | 13.20 | – | 2,101 | 154 | 1,947 | 15,476 | 12,194d | 6,723 | 3,282 | 29.9 | 2.05 |
| 12/31/22 | 3,427 | 1,447 | 954 | 27.8 | 12.42 | – | 755 | 151 | 603 | 14,089 | 11,548d | 7,037 | 2,541 | 37.5 | 2.77 |
| 12/31/21 | 2,834 | 1,243 | 839 | 29.6 | 9.99 | – | 1,197 | 112 | 1,086 | 13,405 | 10,538d | 5,978 | 2,867 | 29.3 | 2.09 |
| 12/31/20 | 2,389 | 972 | 704 | 29.5 | 8.12 | – | 1,473 | 78 | 1,394 | 11,195 | 7,839d | 1,206 | 3,355 | 21.0 | 0.36 |
| 12/31/19 | 2,649 | 1,231 | 895 | 33.8 | 9.94 | – | 1,162 | 75 | 1,087 | 12,249 | 8,537d | 1,747 | 3,712 | 24.1 | 0.47 |
| 12/31/18 | 2,433 | 1,091 | 811 | 33.3 | 8.81 | – | 903 | 81 | 822 | 11,202 | 7,862d | 2,071 | 3,340 | 24.3 | 0.62 |
| 12/31/17 | 2,250 | 884 | 740 | 32.9 | 7.91 | – | 680 | 70 | 610 | 11,318 | 7,642d | 2,994 | 3,677 | 20.1 | 0.81 |
| 12/31/16 | 1,832 | 754 | 452 | 24.7 | 4.75 | – | 708 | 59 | 649 | 9,627 | 6,543d | 2,639 | 3,084 | 14.7 | 0.86 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
CORPAY, INC.
CIK 1175454 · EIN 00-0000000
PRINCIPAL OFFICE:
3280 Peachtree Road, Suite 2400, Atlanta, GA 30305
Tel.: 800-877-9019
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
7389 · Services-Business Services, NEC
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 27 February 2026
FORMER NAMES:
FLEETCOR TECHNOLOGIES INC
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/27/26) · 10-K FY2024 (filed 2/27/25) · 10-K FY2023 (filed 2/29/24) · 10-K FY2022 (filed 2/28/23) · 10-K FY2021 (filed 3/1/22) · 10-K FY2020 (filed 2/26/21) · 10-K FY2019 (filed 3/2/20) · 10-K FY2018 (filed 3/1/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.