Analyzing Corpay (CPAY) and Its Rivals

Corpay (NYSE:CPAY) is one of 187 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it weigh in compared to its competitors? We will compare Corpay to similar companies based on the strength of its analyst recommendations, valuation, dividends, risk, institutional ownership, profitability and earnings.

Risk & Volatility

Corpay has a beta of 1.23, suggesting that its share price is 23% more volatile than the S&P 500. Comparatively, Corpay’s competitors have a beta of 1.53, suggesting that their average share price is 53% more volatile than the S&P 500.

Earnings & Valuation

This table compares Corpay and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Corpay	$3.76 billion	$981.89 million	23.23
Corpay Competitors	$4.26 billion	$448.14 million	-6.12

Corpay’s competitors have higher revenue, but lower earnings than Corpay. Corpay is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Recommendations

This is a summary of current ratings and target prices for Corpay and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corpay	0	0	4	0	3.00
Corpay Competitors	822	5406	11205	282	2.62

Corpay currently has a consensus price target of $360.25, suggesting a potential upside of 17.49%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 16.11%. Given Corpay’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Corpay is more favorable than its competitors.

Profitability

This table compares Corpay and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Corpay	26.13%	37.56%	7.75%
Corpay Competitors	-22.22%	-166.72%	-7.44%

Institutional and Insider Ownership

98.8% of Corpay shares are owned by institutional investors. Comparatively, 59.1% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 6.5% of Corpay shares are owned by insiders. Comparatively, 16.0% of shares of all “Business services, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Corpay beats its competitors on 9 of the 13 factors compared.

About Corpay

Corpay, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards. It also provides corporate payment solutions consisting of accounts payable automation; virtual cards, cross-border solutions; and purchasing and travel and entertainment card products, as well as lodging payments solutions for employees who travel overnight for work purposes; traveling crews and stranded passengers from airlines and cruise lines; and insurance policyholders displaced from their homes due to damage or catastrophe. In addition, the company offers gifts and payroll cards. It serves business, merchant, consumer, and payment network customers. The company was formerly known as FLEETCOR Technologies, Inc. and changed its name to Corpay, Inc. in March 2024. Corpay, Inc. was founded in 1986 and is headquartered in Atlanta, Georgia.