Question 1

What is Corpay's P/E ratio?

Accepted Answer

Corpay (CPAY) P/E ratio is 20.2× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Corpay?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Corpay specifically, the relevant sector benchmark is the current sector median of 29.6×.

Question 5

Is Corpay's P/E ratio high or low?

Accepted Answer

Corpay's P/E ratio of 20.2× is below its own 5-year average of 20.3× and below the sector median of 29.6×. That places the current reading at the 35th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Corpay's historical P/E ratio range?

Accepted Answer

In the available daily series, Corpay (CPAY) P/E ratio has ranged from a low of 13.0× in 2022 to a high of 40.4× in 2016. The 5-year average is 20.3× and the 5-year median is 20.3×.

Question 7

What was Corpay's P/E ratio in 2025?

Accepted Answer

Corpay (CPAY) P/E ratio at the end of 2025 was 19.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Corpay's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$20.88B	$1.07B	19.5×	-4.1×	Dec 31, 2025
2024	$23.67B	$1.00B	23.6×	+2.9×	Dec 31, 2024
2023	$20.29B	$981.89M	20.7×	+6.5×	Dec 31, 2023
2022	$13.50B	$954.33M	14.1×	-7.2×	Dec 31, 2022
2021	$17.96B	$839.50M	21.4×	-11.8×	Dec 31, 2021
2020	$23.41B	$704.22M	33.2×	+4.2×	Dec 31, 2020
2019	$25.99B	$895.07M	29.0×	+8.3×	Dec 31, 2019
2018	$16.84B	$811.48M	20.7×	-3.5×	Dec 31, 2018
2017	$17.94B	$740.20M	24.2×	-5.6×	Dec 31, 2017
2016	$13.48B	$452.38M	29.8×	-7.3×	Dec 31, 2016
2015	$13.46B	$362.43M	37.1×	+0.9×	Dec 31, 2015
2014	$13.36B	$368.71M	36.2×	+1.2×	Dec 31, 2014
2013	$9.97B	$284.50M	35.0×	—	Dec 31, 2013


EPAM Systems (EPAM)	18.8×
NXP Semiconductors (NXPI)	17.9×
Uber (UBER)	17.3×
Broadridge Financial Solutions (BR)	17.2×
NetApp (NTAP)	16.8×
Accenture (ACN)	16.8×
Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Adobe (ADBE)	14.9×
CDW (CDW)	14.5×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Lyft (LYFT)	1.8×

P/E Ratio for Corpay (CPAY)

P/E Ratio daily chart for Corpay (CPAY)

Historical P/E Ratio for Corpay (CPAY) from 2013 to 2025

About P/E Ratio at Corpay (CPAY)

Corpay P/E Ratio by Year

Corpay P/E Ratio 2025: 19.5×

Corpay P/E Ratio 2024: 23.6×

Corpay P/E Ratio 2023: 20.7×

Corpay P/E Ratio 2022: 14.1×

Corpay P/E Ratio 2021: 21.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Corpay (CPAY) Key Financials

P/E Ratio daily chart for Corpay (CPAY)

Historical P/E Ratio for Corpay (CPAY) from 2013 to 2025

About P/E Ratio at Corpay (CPAY)

Corpay P/E Ratio by Year

Corpay P/E Ratio 2025: 19.5×

Corpay P/E Ratio 2024: 23.6×

Corpay P/E Ratio 2023: 20.7×

Corpay P/E Ratio 2022: 14.1×

Corpay P/E Ratio 2021: 21.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Corpay's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Corpay?

+Is Corpay's P/E ratio high or low?

+What is Corpay's historical P/E ratio range?

+What was Corpay's P/E ratio in 2025?

+Why does Corpay's P/E ratio change over time?

Corpay (CPAY) Key Financials