CPAY Corpay margins

Relative Growth: Rel. Growth: 80

Relative Strength: Rel. Strength: 83

Relative Valuation: Rel. Valuation: 52

Relative Profitability: Rel. Profitability: 96

Gross margin

79%

Operating margin

42.1%

EBITDA margin

50.6%

Net margin

22.7%

For the latest period, Corpay has a gross margin of 79%, an operating margin of 42.1%, an EBITDA margin of 50.6%, and a net margin of 22.7%. The biggest positive change was in gross margin, increasing 0.9 percentage points. The biggest negative change was in EBITDA margin, decreasing 2.7 percentage points.

CPAY margin history

Gross, operating, EBITDA and net margin trends

Corpay's margins averaged 78.38% gross, 44.2% operating, 52.89% EBITDA, and 25.07% net during the last 3 years. Corpay's current metrics show that gross margin is above its three-year average and operating, EBITDA, and net margins are below their three-year averages.

CPAY margin expansion

Year-over-year margin changes in percentage points

The strongest improvement was in gross margin, which increased by 0.9 percentage points, whereas operating margin contracted by 2.6 percentage points, EBITDA margin by 2.7 percentage points, and net margin by 2.5 percentage points.

Gross margin expansion

0.9pp

Operating margin expansion

-2.6pp

EBITDA margin expansion

-2.7pp

Net margin expansion

-2.5pp

CPAY Gross margin

Over the last 3 years, Corpay had an average gross margin of 78.38%. Against its three-year average, Corpay's gross margin is currently 79%, 0.6 percentage points above its three-year average. Looking back over the last 3 years, Corpay's gross margin reached 79% at its highest point in Jun 2026 and 78.1% at its lowest in Dec 2024.

CPAY Operating margin

Over the last 3 years, the average operating margin for Corpay was 44.2%. The latest operating margin for Corpay is 42.1%, 2.1 percentage points below its three-year average. Corpay's operating margin ranged from a low of 42.1% in Jun 2026 to a high of 44.7% in Mar 2026.

CPAY EBITDA margin

Across the last 3 years, Corpay's EBITDA margin came to 52.89%. Corpay currently reports an EBITDA margin of 50.6%, 2.3 percentage points below its three-year average. EBITDA margin was highest at 53.6% in Mar 2024 and lowest at 50.6% in Jun 2026.

CPAY Net margin

The average net margin for Corpay was 25.07% in the last 3 years. Currently, the current net margin for Corpay is 22.7%, 2.4 percentage points below its three-year average. The net margin for Corpay moved between 22.7% in Jun 2026 and 26.4% in Jun 2024.

CPAY margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 79%, CPAY is above the Technology sector and the industry average. Compared to its Technology sector average of 52.1%, Corpay's gross margin is 52% higher.

Frequently asked questions

What is Corpay's gross margin?

For the period ending Jun 30, 2026, CPAY recorded a gross margin of 79%.

What is Corpay's operating margin?

As of Jun 30, 2026, CPAY has an operating margin of 42.1%.

What is Corpay's EBITDA margin?

The current EBITDA margin for CPAY is 50.6% as of Jun 30, 2026.

What is Corpay's net margin?

For the period ending Jun 30, 2026, CPAY recorded a net margin of 22.7%.

What are the average margins of CPAY?

Corpay's average margins over the last 3 years were 78.4% gross, 44.2% operating, 52.9% EBITDA, and 25.1% net.

What are the highest historical margins of CPAY?

Across the 5-year period, CPAY posted its highest margins at 80.2% gross in Dec 2021, 44.7% operating in Mar 2026, 53.6% EBITDA in Mar 2024, and 29.6% net in Dec 2021.

What are the lowest historical margins of CPAY?

Corpay's lowest recorded margins during the past 5 years were 77.5% gross in Mar 2023, 41.9% operating in Sep 2022, 50.6% EBITDA in Jun 2026, and 22.7% net in Jun 2026.