Corpay (CPAY) FCF Margin (2010 - 2026)
Corpay's FCF Margin was 105.74% in Q2 2026, up 7.05 percentage points from 98.69% a year earlier and up 114.28 percentage points from the prior quarter.
Corpay (CPAY) FCF Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Corpay's FCF Margin was 32.63% through Jun 30, 2026, down 13.59 percentage points year-over-year; for FY2025, it came in at 28.69%, down 15.73 percentage points from FY2024.
- FCF Margin shows a five-year change of -29.67 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 44.42% in FY2024 (-7.40 pp), 51.82% in FY2023 (+34.22 pp), 17.61% in FY2022 (-20.70 pp) and 38.31% in FY2021 (-20.05 pp).
- The Q2 2026 figure marks the highest quarterly FCF Margin since Q4 2011.
- Compared with a year earlier, FCF Margin has increased for three straight quarters, with an average year-over-year change of -7.57 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q1 2023 (a gain of 111.50 percentage points); the worst was Q3 2025 (a drop of 71.15 percentage points).
- Per Business Quant data, CPAY's FCF Margin in the three quarters before Q2 2026 was -8.54% (Q1 2026), 60.91% (Q4 2025) and -36.66% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | 16.17% |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | 20.44% |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 14.61% |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | 351.43% |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | 105.74% |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 18.61% |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | 12.86% |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | 62.27% |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 68.54% |
| 10 | Hut 8 | 11.44 Bn | 11.28 Bn | 48.04 Mn | -780.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.74% |
| Mar 31, 2026 | -8.54% |
| Dec 31, 2025 | 60.91% |
| Sep 30, 2025 | -36.66% |
| Jun 30, 2025 | 98.69% |
| Mar 31, 2025 | -11.83% |
| Dec 31, 2024 | 58.44% |
| Sep 30, 2024 | 34.49% |
| Jun 30, 2024 | 50.92% |
| Mar 31, 2024 | 33.04% |
| Dec 31, 2023 | 72.53% |
| Sep 30, 2023 | 25.49% |
| Jun 30, 2023 | 18.89% |
| Mar 31, 2023 | 93.30% |
| Dec 31, 2022 | 30.83% |
| Sep 30, 2022 | 39.84% |
| Jun 30, 2022 | 13.80% |
| Mar 31, 2022 | -18.20% |
| Dec 31, 2021 | 69.86% |
| Sep 30, 2021 | 28.38% |
Corpay FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CPAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CPAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CPAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();