What is the 13F Pro Quality Score for CPAY?

13F Pro ranks CORPAY, INC. (CPAY) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View CPAY's current score at https://13fpro.ai/company/CPAY (free sign-up required for the full ranking).

Which hedge funds own the most CPAY stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of CPAY include BlackRock,, Orbis Allan Gray Ltd, JPMORGAN CHASE & CO. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/CPAY as soon as new 13F filings post.

Where does 13F Pro source CPAY data?

All CORPAY, INC. fundamentals and ownership data come directly from SEC EDGAR. CORPAY, INC. files with the SEC under CIK 1175454. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is CPAY in?

CORPAY, INC. (CPAY) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives CPAY's revenue?

Per CORPAY, INC.'s latest 10-Q filed with the SEC on 2026-08-10, the biggest revenue drivers are: Vehicle Payments ($580.2M, +13.3% YoY); Corporate Payments ($548.7M, +41.7% YoY); Lodging Payments ($123.2M, +2.8% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/CPAY.

What are CPAY's largest expenses?

CORPAY, INC.'s latest 10-Q reports these as the largest expense items: Processing ($275.2M, +15.4% YoY); General and administrative ($223.7M, +26.4% YoY); Selling ($150.6M, +30.1% YoY). Sourced directly from SEC EDGAR filing text for Q2 2026 (quarter ended June 30, 2026).

How often is CPAY research updated on 13F Pro?

CPAY's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

CORPAY, INC.(CPAY)Stock Analysis

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13F Pro Quality Score

70.8/100

Rank #209 of 2,961 stocksTOP 10%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

70.1/100

Profitability

80.7/100

Balance Sheet

69.1/100

Earnings Quality

59.6/100

Free Cash Flow

86.0/100

Institutional Flow

49.4/100

Revenue Scale

77.8/100

Dilution Risk

38.1/100

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Why CPAY Scores 71/100

exact factor attribution · 2026-09-11

CPAY's composite is driven by free cash flow and profitability. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Free cash flow

+5.4 pts

86th pct

Profitability

+4.6 pts

81th pct

Scale

+4.2 pts

78th pct

Revenue growth

+4.0 pts

70th pct

Capital efficiency

+1.9 pts

69th pct

Earnings quality

+1.0 pts

60th pct

Earnings growth

+0.3 pts

57th pct

Institutional flow

-0.0 pts

49th pct

Shareholder dilution

-0.6 pts

38th pct

Latest change (2026-08-13): 67 → 65 · ↓ Institutional flow 23→1; ↓ Earnings growth 55→45; despite ↑ Free cash flow 62→73

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

CPAY Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for CORPAY, INC. (CPAY), a Industrials sector company. 13F Pro's AI-powered ranking engine scores CPAY at 70.8/100 on a 32-signal composite quality model, placing it at rank #209 of 2,961 stocks — the top 10% of the AI-ranked universe. CPAY scores in the top quartile across free cash flow (86.0), profitability (80.7), revenue scale (77.8). Shareholder dilution risk is elevated at 38.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), CORPAY, INC. reports quarterly revenue of $1.3B, net income of $248.3M, an operating margin of 35.3%. Top institutional holders of CPAY by reported 13-F value include BlackRock, Orbis Allan Gray Ltd, JPMORGAN CHASE, based on the most recent SEC filings. CPAY trades on the NYSE exchange and files with the SEC under CIK 1175454. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CPAY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CORPAY, INC. directly from SEC EDGAR. CORPAY, INC.'s 13F Pro composite quality score has ranged between 64 and 78 since 2024, currently 70.8 — a declining long-term trajectory across 55 quarterly and live scoring snapshots.

✦

Fun facts about CORPAY, INC.

Quirks, history, and lore behind CPAY — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. business-to-business payments company · large-cap · listed on the NYSE · headquartered in Atlanta, Georgia.
2
The Numbers
Processes hundreds of billions of dollars in payment volume annually and generates roughly $4 billion in revenue — not bad for a company most consumers have never heard of.
3
The History
Traces its roots to a corporate fuel card business, then grew aggressively through acquisitions into a broader fleet, lodging, and AP payments powerhouse.
4
The Secret
Its core customers are businesses and governments that need to manage employee spending — think trucking fleets filling up tanks or road crews booking hotels on the company's dime.
5
The Lore
Once operated under the name FleetCor Technologies before rebranding, signaling a push well beyond its fleet card origins into global commercial payments.
6
The Giveaway
Formerly FleetCor, now rebranded with a ticker that rhymes with "pay" — because that's exactly what it helps corporations do.

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What's Driving CPAY's Business? Latest 10-Q Breakdown

✓ 44/44 datapoints verified

AI-extracted from CORPAY, INC.'s 10-Q filed 2026-08-10 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue rose 21.5% to $1,338.8M on 10% organic growth and the Alpha acquisition, but a $100M FTC settlement charge pushed operating income down 1.5% to $472.3M.

Biggest Revenue Drivers

Vehicle Payments$580.2M+13.3% YoY

Organic growth of 8%, new sales in international markets, favorable FX of $29M and fuel prices/spreads

Corporate Payments$548.7M+41.7% YoY

Organic growth of 16% on 43% spend volume growth plus ~$78M from acquisitions

Biggest Revenue Drivers

Total revenue: $1,338.8M+21.5% YoY

Vehicle Payments$580.2M+13.3% YoY

Organic growth of 8%, new sales in international markets, favorable FX of $29M and fuel prices/spreads

Within Vehicle Payments

United States$600.2M45% of total revenue

Geographic cut of the same quarter's revenue

Corporate Payments$548.7M+41.7% YoY

Organic growth of 16% on 43% spend volume growth plus ~$78M from acquisitions

Lodging Payments$123.2M+2.8% YoY

Increase in revenue per room night across all solutions

Other (Gift, Outsourced Card Processing, Payroll Card)$86.7M+4.6% YoY

Strong transaction volume growth in Gift, Outsourced Card Processing and Payroll card

Largest Expense Items

Processing$275.2M+15.4% YoY

~$17M from 2025 acquisitions, higher volumes and $14M higher credit loss expense

General and administrative$223.7M+26.4% YoY

Acquisition-related deal fees, IT investments and ~$14M from 2025 acquisitions

Selling$150.6M+30.1% YoY

Marketing investments, higher commissions and ~$14M from 2025 acquisitions

Depreciation and amortization$118.3M+29.5% YoY

Incremental capital expenditures and $12M from 2025 acquisitions

Margins: Adjusted EBITDA margin improved to 57.3% from 56.3%, but GAAP operating margin fell to 35.3% from 43.5% as the $100M FTC charge and faster expense growth outpaced revenue.

Watch Items from the Filing

A $100M charge was recorded for a proposed FTC consent order; if not approved, the Company could incur additional redress and/or penalties.
Corporate Payments revenue per spend dollar fell to 0.58% from 0.70% (-17%) due to new payables and cross-border enterprise clients.
Maintenance business sale signed for ~£600M (~$800M), with an anticipated pre-tax gain of $460M-$515M pending U.K. and Australian approval.
Total debt reached $10.6B versus $3.6B total equity; $1.1B of stock repurchased in six months leaves only $1.4B authorization remaining.
Foreign exchange derivative customer contracts notional grew to $163.1B from $123.9B, with $331.4M of collateral posted with banks.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$1.3B

Net Income

Q2 2026

$248.3M

Free Cash Flow

Q2 2026

$1.4B

Operating Margin

Q2 2026

35.3%

ROIC

Q2 2026

10.1%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+13.9% YoY

$4.53BFY 2025

FY22 $3.43BFY23 $3.76BFY24 $3.97BFY25 $4.53B

Net Income

+6.6% YoY

$1.07BFY 2025

FY22 $954.3MFY23 $981.9MFY24 $1.00BFY25 $1.07B

Operating Income

+11.6% YoY

$1.99BFY 2025

FY22 $1.45BFY23 $1.66BFY24 $1.79BFY25 $1.99B

EPS (Diluted)

+7.6% YoY

$15.03FY 2025

FY22 $12.42FY23 $13.20FY24 $13.97FY25 $15.03

Total Assets

+47.1% YoY

$26.41BFY 2025

FY22 $14.09BFY23 $15.48BFY24 $17.96BFY25 $26.41B

Total Debt

+24.0% YoY

$13.35BFY 2025

FY22 $9.35BFY23 $8.85BFY24 $10.77BFY25 $13.35B

Op. Cash Flow

-22.7% YoY

$1.50BFY 2025

FY22 $754.8MFY23 $2.10BFY24 $1.94BFY25 $1.50B

Free Cash Flow

-26.4% YoY

$1.30BFY 2025

FY22 $603.4MFY23 $1.95BFY24 $1.77BFY25 $1.30B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$4.53B +13.9%	$3.97B +5.8%	$3.76B +9.6%	$3.43B +20.9%	$2.83B +18.6%	$2.39B
Net Income	$1.07B +6.6%	$1.00B +2.2%	$981.9M +2.9%	$954.3M +13.7%	$839.5M +19.2%	$704.2M
Operating Income	$1.99B +11.6%	$1.79B +7.9%	$1.66B +14.5%	$1.45B +16.4%	$1.24B +27.8%	$972.3M
EPS (Diluted)	$15.03 +7.6%	$13.97 +5.8%	$13.20 +6.3%	$12.42 +24.3%	$9.99 +23.0%	$8.12
Total Assets	$26.41B +47.1%	$17.96B +16.0%	$15.48B +9.8%	$14.09B +5.1%	$13.40B +19.7%	$11.19B
Total Debt	$13.35B +24.0%	$10.77B +21.7%	$8.85B -5.4%	$9.35B +24.8%	$7.50B +521.7%	$1.21B
Operating Cash Flow	$1.50B -22.7%	$1.94B -7.6%	$2.10B +178.4%	$754.8M -36.9%	$1.20B -18.7%	$1.47B
Free Cash Flow	$1.30B -26.4%	$1.77B -9.3%	$1.95B +222.7%	$603.4M -44.4%	$1.09B -22.1%	$1.39B

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13F Pro tracks comprehensive data for CORPAY, INC. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of CPAY

BlackRock, Inc.
$1.9B5,709,856 sh
Orbis Allan Gray Ltd
$1.8B5,408,507 sh
JPMORGAN CHASE & CO
$1.6B4,766,416 sh
VANGUARD CAPITAL MANAGEMENT LLC
$1.4B4,162,643 sh
FMR LLC
$1.1B3,344,049 sh
STATE STREET CORP
$943.7M2,831,554 sh
Boston Partners
$939.3M2,811,551 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$925.4M2,776,845 sh
PRICE T ROWE ASSOCIATES INC /MD/
$818.1M2,454,914 sh
TIGER GLOBAL MANAGEMENT LLC
$716.5M2,149,877 sh

Fund	Value	Shares
BlackRock, Inc.	$1.9B	5,709,856
Orbis Allan Gray Ltd	$1.8B	5,408,507
JPMORGAN CHASE & CO	$1.6B	4,766,416
VANGUARD CAPITAL MANAGEMENT LLC	$1.4B	4,162,643
FMR LLC	$1.1B	3,344,049
STATE STREET CORP	$943.7M	2,831,554
Boston Partners	$939.3M	2,811,551
VANGUARD PORTFOLIO MANAGEMENT LLC	$925.4M	2,776,845
PRICE T ROWE ASSOCIATES INC /MD/	$818.1M	2,454,914
TIGER GLOBAL MANAGEMENT LLC	$716.5M	2,149,877

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Is CPAY a good stock to buy?

13F Pro's AI-powered analysis of CORPAY, INC. (CPAY) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CPAY are available on the CPAY stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. CPAY is classified as a large company.

Which hedge funds own CPAY?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CPAY. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of CORPAY, INC.'s investment landscape.