TTM
43.0%
YoY change
−1.86pp
Trough year (2015)
39.2%
Peak year (2014)
47.1%
Latest annual
43.1%
Operating Margin history chart for Corpay (CPAY) from 2013 to 2025
Latest: 43.1%
Operating Margin change chart for Corpay (CPAY) from 2013 to 2025
Latest: −1.86pp
Operating Margin history table for Corpay (CPAY) from 2013 to 2025
| 2025 | 43.1% | -1.86pp | ||
| 2024 | 45.0% | +0.87pp | ||
| 2023 | 44.1% | +1.88pp | ||
| 2022 | 42.2% | -1.64pp | ||
| 2021 | 43.8% | +3.15pp | ||
| 2020 | 40.7% | -5.79pp | ||
| 2019 | 46.5% | +1.67pp | ||
| 2018 | 44.8% | +5.53pp | ||
| 2017 | 39.3% | -1.89pp | ||
| 2016 | 41.2% | +1.98pp | ||
| 2015 | 39.2% | -7.94pp | ||
| 2014 | 47.1% | +0.16pp | ||
| 2013 | 47.0% | — |
- 202543.1%-1.86pp
- 202445.0%+0.87pp
- 202344.1%+1.88pp
- 202242.2%-1.64pp
- 202143.8%+3.15pp
- 202040.7%-5.79pp
- 201946.5%+1.67pp
- 201844.8%+5.53pp
- 201739.3%-1.89pp
- 201641.2%+1.98pp
- 201539.2%-7.94pp
- 201447.1%+0.16pp
- 201347.0%—
Operating 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 Operating Margin at Corpay (CPAY)
According to Corpay's latest reported financial statements, the company's latest reported operating margin is 43.0%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
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 operating margin of 43.10% – contracted 1.9 percentage points year-over-year.
47.14% stands as the all-time-high annual operating margin, posted in 2014, against a low of 39.20% during 2015.
Corpay Operating Margin by Year
Corpay Operating Margin 2025: 43.1%
In 2025, Corpay reported operating margin of 43.10%, contracted 1.9 percentage points from 2024.
Corpay Operating Margin 2024: 45.0%
Corpay operating margin in 2024 was 44.96%, expanded 0.9 percentage points from 2023.
Corpay Operating Margin 2023: 44.1%
2023's operating margin for Corpay came in at 44.09%, expanded 1.9 percentage points from 2022.
Corpay Operating Margin 2022: 42.2%
Corpay posted operating margin of 42.21% in 2022, contracted 1.6 percentage points from 2021.
Corpay Operating Margin 2021: 43.8%
Corpay operating margin in 2021 was 43.85%.
See more financial history for Corpay (CPAY).
Sector peers by Operating Margin
Technology peers of Corpay (CPAY), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
Frequently asked questions
Corpay (CPAY) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation