Corpay (CPAY) Operating Margin (2010 - 2026)

Corpay (CPAY) has reported Operating Margin for 17 consecutive years, with 50.45% the latest figure, recorded in Q1 2026.

• Operating Margin for Q1 2026 came in at 50.45%, up 798.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 46.06% (up 114.0% YoY), and the FY2025 annual result was 44.04%, down 93.0% from the prior year.
• Operating Margin was 50.45% for Q1 2026 at Corpay, up from 45.22% in the prior quarter.
• Over five years, Operating Margin peaked at 637.36% in Q4 2023 and troughed at 2.1% in Q3 2022.
• Average Operating Margin over 5 years is 72.16%, with a median of 43.52% recorded in 2023.
• Year-over-year, Operating Margin jumped 60395 bps in 2023 and slumped 59016 bps in 2024.
• Over 5 years, Operating Margin stood at 33.41% in 2022, then surged by 1808 bps to 637.36% in 2023, then tumbled by 93 bps to 47.21% in 2024, then declined by 4 bps to 45.22% in 2025, then advanced by 12 bps to 50.45% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 50.45% in Q1 2026, 45.22% in Q4 2025, and 44.62% in Q3 2025.