Corpay, Inc. (CPAY)

Corpay's stock (CPAY) has experienced a decline of 19.61% over the last 12 months and 9.32% in the past month, as of October 16, 2025. Key events impacting Corpay's stock in the past six months include the Q1 2025 earnings report with revenue of $1.6 billion, up 8%, and cash EPS up 10%, and the Q2 2025 earnings report with revenues increased 13% to $1,102.0 million, and net income increased 13% to $284.2 million compared to Q2 2024. The company completed the acquisition of Alpha Group International PLC and AvidXchange. Corpay partnered with NCR Voyix to enable fleet card payments, extended its partnership with SailGP, was named the Official FX Partner of the International Tennis Federation and New Zealand Football, expanded its partnership with Mastercard, partnered with SKsoft, and is participating in Circle's Arc public testnet.

Explicit information regarding the demand seasonality for Corpay, Inc.'s products and services is not readily available. The demand for its core B2B services may be less susceptible to significant seasonal fluctuations. For products like fuel cards and workforce travel, there could be some indirect seasonality tied to general business activity, travel patterns, or specific industries.

Corpay, Inc., formerly known as Fleetcor Technologies, Inc., is a global corporate payments and spend management company headquartered in Atlanta, Georgia. The company operates within the financial data services and financial technology sectors, providing payment solutions to help businesses control expenses and manage payment processes more safely and securely. Corpay offers commercial cards for B2B transactions, AP automation solutions, cross-border payment services, fuel card programs, workforce travel solutions, Corpay One spend management platform, and Fintwist prepaid solutions.

Corpay has a significant global presence, enabling payments in over 200 countries and processing over $400 billion in payments in 2024. The company's headquarters are located in Atlanta, Georgia, U.S. Key international expansions and operations include a new Luxembourg office for its Cross-Border business, joining the UK's Faster Payment Service, a majority investment in Zapay, and expansion of near real-time payments to 22 new markets through a partnership with Mastercard Move.

In the past year, Corpay's brand reputation has been shaped by its rebranding from Fleetcor Technologies to Corpay in March 2024. Strategic acquisitions and partnerships demonstrate Corpay's strategic growth and commitment to expanding its offerings and global reach. Corpay's participation in Circle's Arc public testnet for stablecoins highlights its forward-thinking approach. In 2019, the Federal Trade Commission sued the company (then Fleetcor) for obscuring fees and misleading consumers about fuel card discounts, resulting in an injunction in 2023.

Corpay, Inc. has a diverse ownership structure, with significant institutional and individual holdings. Major institutional shareholders include Vanguard Group Inc, BlackRock, Inc., Price T Rowe Associates Inc /md/, Jpmorgan Chase & Co, Orbis Allan Gray Ltd, State Street Corp, Boston Partners, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, and Invesco Ltd. Institutional investors hold between approximately 28.49% and 54.65% of the company's stock. Ronald F. Clarke, the Chairman and CEO, holds 4.58% of the company's shares, and insiders collectively own about 3.60% of the stock.