TTM
27.4%
YoY change
−15.73pp
Trough year (2022)
17.6%
Peak year (2020)
58.4%
Latest annual
28.7%
FCF Margin history chart for Corpay (CPAY) from 2013 to 2025
Latest: 28.7%
FCF Margin change chart for Corpay (CPAY) from 2013 to 2025
Latest: −15.73pp
FCF Margin history table for Corpay (CPAY) from 2013 to 2025
| 2025 | 28.7% | -15.73pp | ||
| 2024 | 44.4% | -7.40pp | ||
| 2023 | 51.8% | +34.22pp | ||
| 2022 | 17.6% | -20.70pp | ||
| 2021 | 38.3% | -20.05pp | ||
| 2020 | 58.4% | +17.33pp | ||
| 2019 | 41.0% | +7.25pp | ||
| 2018 | 33.8% | +6.66pp | ||
| 2017 | 27.1% | -8.33pp | ||
| 2016 | 35.4% | -6.41pp | ||
| 2015 | 41.9% | -6.61pp | ||
| 2014 | 48.5% | +8.82pp | ||
| 2013 | 39.6% | — |
- 202528.7%-15.73pp
- 202444.4%-7.40pp
- 202351.8%+34.22pp
- 202217.6%-20.70pp
- 202138.3%-20.05pp
- 202058.4%+17.33pp
- 201941.0%+7.25pp
- 201833.8%+6.66pp
- 201727.1%-8.33pp
- 201635.4%-6.41pp
- 201541.9%-6.61pp
- 201448.5%+8.82pp
- 201339.6%—
FCF Margin values are taken from Corpay's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Corpay (CPAY)
According to Corpay's latest reported financial statements, the company's latest reported free cash flow margin is 27.4%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Corpay (CPAY) reported free cash flow margin of 28.69% – contracted 15.7 percentage points year-over-year.
The record annual free cash flow margin stands at 58.36%, reached in 2020; the historical low of 17.61% was recorded in 2022.
Corpay FCF Margin by Year
Corpay FCF Margin 2025: 28.7%
In 2025, Corpay reported free cash flow margin of 28.69%, contracted 15.7 percentage points from 2024.
Corpay FCF Margin 2024: 44.4%
Corpay free cash flow margin in 2024 was 44.42%, contracted 7.4 percentage points from 2023.
Corpay FCF Margin 2023: 51.8%
2023's free cash flow margin for Corpay came in at 51.82%, expanded 34.2 percentage points from 2022.
Corpay FCF Margin 2022: 17.6%
Corpay posted free cash flow margin of 17.61% in 2022, contracted 20.7 percentage points from 2021. This figure represents the lowest annual value in the available history.
Corpay FCF Margin 2021: 38.3%
Corpay free cash flow margin in 2021 was 38.31%.
See more financial history for Corpay (CPAY).
Sector peers by FCF Margin
Technology peers of Corpay (CPAY), ranked by their latest free cash flow margin
| 47.0% | |
| 43.4% | |
| 28.6% | |
| 26.6% | |
| 25.5% | |
| 22.9% | |
| 22.9% | |
| 17.7% |
- 47.0%
- 43.4%
- 28.6%
- 26.6%
- 25.5%
- 22.9%
- 22.9%
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