← CORPAY, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.8b | $2.2b | $2.4b | $2.6b | $2.4b | $2.8b | $3.4b | $3.8b | $4.0b | $4.5b | |
| Cost of Goods and Services Sold | $91.6m | $96.8m | $953.6m | $1.0b | $1.0b | $1.1b | $1.4b | $1.5b | $1.6b | $1.8b | |
| Gross Profit (Calculated) (derived) | $1.7b | $2.2b | $1.5b | $1.6b | $1.3b | $1.7b | $2.0b | $2.3b | $2.4b | $2.7b | |
| Operating Income (Loss) | $754.2m | $883.8m | $1.1b | $1.2b | $972.3m | $1.2b | $1.4b | $1.7b | $1.8b | $2.0b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $161.6m | $211.8m | $216.3m | $206.9m | $184.2m | $205.5m | $227.2m | $225.4m | $230.8m | $261.9m | |
| Capitalized Computer Software, Amortization | $17.7m | $21.8m | $24.2m | $37.2m | $40.2m | $46.7m | $59.1m | $77.5m | $78.8m | $102.9m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | $30.0m | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($2.8m) | ($200k) | ($100k) | $700k | $2.9m | ($3.7m) | ($1.7m) | ($4.8m) | ($9.2m) | ($29.8m) | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $90.0m | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $383.4m | $524.7m | $622.2m | $505.8m | $457.1m | $515.0m | $506.2m | $322.9m | $278.3m | $289.1m | |
| Income (Loss) from Equity Method Investments | ($36.4m) | ($53.2m) | ($7.1m) | ($3.5m) | $30.0m | $9k | ($1.4m) | $116k | ($239k) | ($25.4m) | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | — | ($5.8m) | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $642.9m | $893.6m | $1.1b | $1.1b | $882.5m | $1.1b | $1.3b | $1.3b | $1.4b | $1.5b | |
| Net Income (Loss) Attributable to Parent | $452.4m | $740.2m | $811.5m | $895.1m | $704.2m | $839.5m | $954.3m | $981.9m | $1.0b | $1.1b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $452.4m | $740.2m | $811.5m | $895.1m | $704.2m | $839.5m | $954.3m | $981.9m | $1.0b | $1.1b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | $0 | $0 | ($14k) | $2.1m | |
| Earnings Per Share, Basic | $4.89 | $8.12 | $9.14 | $10.36 | $8.38 | $10.23 | $12.62 | $13.42 | $14.27 | $15.23 | |
| Earnings Per Share, Diluted | $4.75 | $7.91 | $8.81 | $9.94 | $8.12 | $9.99 | $12.42 | $13.20 | $13.97 | $15.03 | |
| Weighted Average Number of Shares Outstanding, Basic | 92.6m | 91.1m | 88.8m | 86.4m | 84.0m | 82.1m | 75.6m | 73.2m | 70.3m | 70.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 95.2m | 93.6m | 92.2m | 90.1m | 86.7m | 84.1m | 76.9m | 74.4m | 71.8m | 71.1m | |
| Other Nonoperating Income (Expense) | ($3.0m) | $173.4m | $152.2m | ($93k) | $10.1m | ($3.9m) | ($3.0m) | $16.6m | ($13.7m) | ($47.0m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $383.0m | $403.8m | |
| Business Combination, Acquisition Related Costs | $3.3m | — | — | — | — | — | — | — | — | — | |
| Current Income Tax Expense (Benefit) | $219.2m | $401.1m | $286.4m | $144.9m | $162.6m | $258.3m | $354.5m | $389.8m | $446.1m | $497.6m | |
| General and Administrative Expense | $283.6m | $387.7m | $389.2m | $407.2m | $374.7m | $485.8m | $584.1m | $603.4m | $616.9m | $733.0m | |
| Nonoperating Income (Expense) | ($111.2m) | $9.8m | $4.4m | ($153.6m) | ($89.7m) | ($133.7m) | ($171.0m) | ($331.9m) | ($402.0m) | ($452.4m) | |
| Selling Expense | $131.4m | $170.7m | $182.6m | $204.8m | $192.7m | $262.1m | $309.1m | $340.2m | $380.9m | $479.0m | |
| Income Tax Expense (Benefit) | $190.5m | $153.4m | $283.6m | $182.7m | $178.3m | $269.3m | $321.3m | $343.1m | $381.4m | $469.7m | |
| Interest Income (Expense), Net | ($71.9m) | ($107.1m) | ($138.5m) | ($150.0m) | ($129.8m) | ($113.7m) | ($164.7m) | ($348.6m) | — | — | |
| Other Operating Income (Expense), Net | $690k | ($61k) | ($8.7m) | ($523k) | $2.0m | $784k | ($282k) | ($753k) | ($789k) | ($2.1m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.