Corpay

Specialized payment products and services for commercial fleets, oil companies, and petroleum marketers.

Launch date

1986

Employees

1001-5000 people

Market cap

Enterprise valuation

AUD39.5b (Public information from Apr 2024)

Atlanta Georgia (HQ)

https://www.corpay.com

https://twitter.com/fleetcorcareers http://www.facebook.com/pages/FleetCor-Technologies/245341168837996 https://www.linkedin.com/company/fleetcor https://apps.apple.com/app/id1051068076 https://play.google.com/store/apps/details?id=br.com.semparar.combustivel

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	2.4b	2.8b	3.4b	3.8b	4.1b	4.5b	4.9b
% growth	(10 %)	19 %	21 %	10 %	9 %	10 %	10 %
EBITDA	1.2b	1.5b	1.8b	2.0b	2.2b	2.4b	2.7b
% EBITDA margin	52 %	54 %	52 %	53 %	54 %	54 %	55 %
Profit	704m	839m	954m	982m	1.1b	1.3b	1.5b
% profit margin	29 %	30 %	28 %	26 %	27 %	29 %	30 %
EV / revenue	10.9x	8.0x	5.6x	6.8x	6.4x	5.7x	4.9x
EV / EBITDA	21.1x	14.9x	10.8x	12.8x	11.9x	10.4x	9.1x

Date	Investors	Amount	Round
-	Thomas H.Lee Partners	N/A	-
Jan 1998	Advantage Capital	N/A	Debt
Dec 1999	Advantage Capital GCC Investments LLC	$10.0m	Early VC
Jun 2002	Summit Partners	$45.0m	Early VC
Oct 2002	N/A	$77.5m	Debt
Jul 2005	Bain Capital	$75.0m	Late VC
Apr 2009	Advent International Summit Partners HarbourVest Partners Nautic Partners Performance Equity Management Advantage Capital	$100m	Series E
Dec 2010	N/A	N/A	IPO
Dec 2023*	Transform Wealth	$5.9m	Post IPO Equity
Total Funding		AUD355m

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 8 United Kingdom 7 Canada 2 Brazil 2 Italy 1 Ireland 1 Germany 1 Australia 1

By Industry

Fintech 13 Transportation 7 Travel 4 Energy 2 Telecom 1

By Round

ACQUISITION 22 SEED 1 SERIES A 1

ACQUISITION by Corpay Feb 2008

ACQUISITION by Michelin May 2019

ACQUISITION by Corpay Oct 2022

Corporate Lodging Consultants

ACQUISITION by Corpay Apr 2009

ACQUISITION by Corpay Mar 2019

ACQUISITION by Michelin May 2019

PayByPhone Technologies

ACQUISITION by Corpay Nov 2023

ACQUISITION by Corpay Mar 2016

ACQUISITION by Corpay Sep 2022

GPS Capital Markets

ACQUISITION by Corpay Jun 2024