Corpay (CPAY) & Its Competitors Head-To-Head Review

Corpay (NYSE:CPAY) is one of 189 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it weigh in compared to its peers? We will compare Corpay to similar businesses based on the strength of its valuation, profitability, analyst recommendations, risk, earnings, dividends and institutional ownership.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Corpay	$3.76 billion	$981.89 million	22.67
Corpay Competitors	$4.06 billion	$440.53 million	-10.11

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

Profitability

This table compares Corpay and its peers’ 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	-22.51%	-163.47%	-8.10%

Institutional and Insider Ownership

98.8% of Corpay shares are owned by institutional investors. Comparatively, 58.6% 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, 16.2% of shares of all “Business services, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Volatility & Risk

Corpay has a beta of 1.21, indicating that its share price is 21% more volatile than the S&P 500. Comparatively, Corpay’s peers have a beta of 1.71, indicating that their average share price is 71% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and target prices for Corpay and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Corpay	0	0	4	0	3.00
Corpay Competitors	832	5475	11368	283	2.62

Corpay presently has a consensus target price of $360.25, indicating a potential upside of 20.37%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 15.56%. Given Corpay’s stronger consensus rating and higher probable upside, analysts clearly believe Corpay is more favorable than its peers.

Summary

Corpay beats its peers 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.