TTM
72.8%
YoY change
−8.22pp
Trough year (2025)
69.9%
Peak year (2014)
85.5%
Latest annual
69.9%
Gross Margin history chart for Corpay (CPAY) from 2013 to 2025
Latest: 69.9%
Gross Margin change chart for Corpay (CPAY) from 2013 to 2025
Latest: −8.22pp
Gross Margin history table for Corpay (CPAY) from 2013 to 2025
| 2025 | 69.9% | -8.22pp | ||
| 2024 | 78.1% | -0.05pp | ||
| 2023 | 78.2% | +0.49pp | ||
| 2022 | 77.7% | -2.56pp | ||
| 2021 | 80.2% | +5.21pp | ||
| 2020 | 75.0% | -4.93pp | ||
| 2019 | 80.0% | +0.01pp | ||
| 2018 | 80.0% | -0.94pp | ||
| 2017 | 80.9% | +0.31pp | ||
| 2016 | 80.6% | +0.04pp | ||
| 2015 | 80.6% | -4.99pp | ||
| 2014 | 85.5% | +0.52pp | ||
| 2013 | 85.0% | — |
- 202569.9%-8.22pp
- 202478.1%-0.05pp
- 202378.2%+0.49pp
- 202277.7%-2.56pp
- 202180.2%+5.21pp
- 202075.0%-4.93pp
- 201980.0%+0.01pp
- 201880.0%-0.94pp
- 201780.9%+0.31pp
- 201680.6%+0.04pp
- 201580.6%-4.99pp
- 201485.5%+0.52pp
- 201385.0%—
Gross 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 Gross Margin at Corpay (CPAY)
According to Corpay's latest reported financial statements, the company's latest reported gross margin is 72.8%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Corpay (CPAY) gross margin is 69.91% – contracted 8.2 percentage points year-over-year.
The record annual gross margin stands at 85.55%, reached in 2014; the historical low of 69.91% was recorded in 2025.
Corpay Gross Margin by Year
Corpay Gross Margin 2025: 69.9%
Corpay posted gross margin of 69.91% in 2025, contracted 8.2 percentage points from 2024. This figure represents the lowest annual value in the available history.
Corpay Gross Margin 2024: 78.1%
In 2024, Corpay reported gross margin of 78.13%, contracted 0.0 percentage points from 2023.
Corpay Gross Margin 2023: 78.2%
Corpay gross margin in 2023 was 78.18%, expanded 0.5 percentage points from 2022.
Corpay Gross Margin 2022: 77.7%
2022's gross margin for Corpay came in at 77.69%, contracted 2.6 percentage points from 2021.
Corpay Gross Margin 2021: 80.2%
Corpay gross margin in 2021 was 80.24%.
See more financial history for Corpay (CPAY).
Sector peers by Gross Margin
Technology peers of Corpay (CPAY), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
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