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Side-by-side financial comparison of BRUNSWICK CORP (BC) and Corpay (CPAY). Click either name above to swap in a different company.

BRUNSWICK CORP is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× Corpay). Corpay runs the higher net margin — 21.2% vs 1.5%, a 19.7% gap on every dollar of revenue. On growth, Corpay posted the faster year-over-year revenue change (20.7% vs 17.3%). Corpay produced more free cash flow last quarter ($760.3M vs $-116.8M). Over the past eight quarters, Corpay's revenue compounded faster (15.5% CAGR vs -2.3%).

Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Brunswick has more than 13,000 employees in 24 countries. Brunswick owns a number of brands, including Mercury Marine. In 2024, Brunswick reported sales of US$5.2 billion. Brunswick's global headquarters is in the northern Chicago suburb of Mettawa, Illinois.

Corpay, Inc., headquartered in Atlanta, Georgia, provides payments and spend management systems and services that control expense-related purchasing and payment processes. The company focuses on vehicle-related expenses, lodging expenses, and corporate payments.

BC vs CPAY — Head-to-Head

Bigger by revenue
BC
BC
1.1× larger
BC
$1.4B
$1.2B
CPAY
Growing faster (revenue YoY)
CPAY
CPAY
+3.4% gap
CPAY
20.7%
17.3%
BC
Higher net margin
CPAY
CPAY
19.7% more per $
CPAY
21.2%
1.5%
BC
More free cash flow
CPAY
CPAY
$877.1M more FCF
CPAY
$760.3M
$-116.8M
BC
Faster 2-yr revenue CAGR
CPAY
CPAY
Annualised
CPAY
15.5%
-2.3%
BC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BC
BC
CPAY
CPAY
Revenue
$1.4B
$1.2B
Net Profit
$21.0M
$264.5M
Gross Margin
24.9%
Operating Margin
3.6%
45.2%
Net Margin
1.5%
21.2%
Revenue YoY
17.3%
20.7%
Net Profit YoY
7.5%
EPS (diluted)
$0.32
$3.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BC
BC
CPAY
CPAY
Q1 26
$1.4B
Q4 25
$1.3B
$1.2B
Q3 25
$1.4B
$1.2B
Q2 25
$1.4B
$1.1B
Q1 25
$1.2B
$1.0B
Q4 24
$1.2B
$1.0B
Q3 24
$1.3B
$1.0B
Q2 24
$1.4B
$975.7M
Net Profit
BC
BC
CPAY
CPAY
Q1 26
$21.0M
Q4 25
$18.7M
$264.5M
Q3 25
$-235.5M
$277.9M
Q2 25
$59.3M
$284.2M
Q1 25
$20.2M
$243.2M
Q4 24
$-82.5M
$246.0M
Q3 24
$44.6M
$276.4M
Q2 24
$100.0M
$251.6M
Gross Margin
BC
BC
CPAY
CPAY
Q1 26
24.9%
Q4 25
23.1%
Q3 25
25.8%
Q2 25
25.5%
Q1 25
24.9%
Q4 24
21.9%
Q3 24
26.2%
Q2 24
27.1%
Operating Margin
BC
BC
CPAY
CPAY
Q1 26
3.6%
Q4 25
3.1%
45.2%
Q3 25
-17.8%
44.6%
Q2 25
7.1%
43.5%
Q1 25
4.6%
42.5%
Q4 24
-4.8%
47.2%
Q3 24
7.7%
45.5%
Q2 24
11.0%
44.4%
Net Margin
BC
BC
CPAY
CPAY
Q1 26
1.5%
Q4 25
1.4%
21.2%
Q3 25
-17.3%
23.7%
Q2 25
4.1%
25.8%
Q1 25
1.7%
24.2%
Q4 24
-7.1%
23.8%
Q3 24
3.5%
26.9%
Q2 24
6.9%
25.8%
EPS (diluted)
BC
BC
CPAY
CPAY
Q1 26
$0.32
Q4 25
$0.32
$3.74
Q3 25
$-3.59
$3.91
Q2 25
$0.89
$3.98
Q1 25
$0.30
$3.40
Q4 24
$-1.21
$3.43
Q3 24
$0.67
$3.90
Q2 24
$1.48
$3.52

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BC
BC
CPAY
CPAY
Cash + ST InvestmentsLiquidity on hand
$277.8M
$2.4B
Total DebtLower is stronger
$490.2M
$10.0B
Stockholders' EquityBook value
$1.6B
$3.9B
Total Assets
$5.5B
$26.4B
Debt / EquityLower = less leverage
0.31×
2.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BC
BC
CPAY
CPAY
Q1 26
$277.8M
Q4 25
$256.8M
$2.4B
Q3 25
$297.7M
$2.0B
Q2 25
$315.7M
$2.2B
Q1 25
$286.7M
$1.6B
Q4 24
$269.0M
$1.6B
Q3 24
$284.1M
$1.3B
Q2 24
$494.5M
$1.4B
Total Debt
BC
BC
CPAY
CPAY
Q1 26
$490.2M
Q4 25
$2.1B
$10.0B
Q3 25
$8.1B
Q2 25
$8.1B
Q1 25
$8.2B
Q4 24
$2.4B
$8.0B
Q3 24
Q2 24
Stockholders' Equity
BC
BC
CPAY
CPAY
Q1 26
$1.6B
Q4 25
$1.6B
$3.9B
Q3 25
$1.6B
$4.1B
Q2 25
$1.9B
$3.9B
Q1 25
$1.9B
$3.5B
Q4 24
$1.9B
$3.1B
Q3 24
$2.0B
$3.1B
Q2 24
$2.0B
$2.8B
Total Assets
BC
BC
CPAY
CPAY
Q1 26
$5.5B
Q4 25
$5.3B
$26.4B
Q3 25
$5.4B
$19.7B
Q2 25
$5.8B
$20.4B
Q1 25
$5.9B
$18.5B
Q4 24
$5.7B
$18.0B
Q3 24
$6.0B
$17.6B
Q2 24
$6.4B
$16.2B
Debt / Equity
BC
BC
CPAY
CPAY
Q1 26
0.31×
Q4 25
1.30×
2.58×
Q3 25
1.99×
Q2 25
2.07×
Q1 25
2.37×
Q4 24
1.25×
2.56×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BC
BC
CPAY
CPAY
Operating Cash FlowLast quarter
$812.7M
Free Cash FlowOCF − Capex
$-116.8M
$760.3M
FCF MarginFCF / Revenue
-8.5%
60.9%
Capex IntensityCapex / Revenue
4.2%
4.2%
Cash ConversionOCF / Net Profit
3.07×
TTM Free Cash FlowTrailing 4 quarters
$344.6M
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BC
BC
CPAY
CPAY
Q1 26
Q4 25
$132.9M
$812.7M
Q3 25
$140.4M
$-378.9M
Q2 25
$316.2M
$1.1B
Q1 25
$-27.4M
$-74.2M
Q4 24
$306.4M
$648.7M
Q3 24
$67.4M
$400.8M
Q2 24
$211.0M
$540.9M
Free Cash Flow
BC
BC
CPAY
CPAY
Q1 26
$-116.8M
Q4 25
$83.6M
$760.3M
Q3 25
$106.5M
$-429.8M
Q2 25
$271.3M
$1.1B
Q1 25
$-65.1M
$-118.9M
Q4 24
$276.1M
$604.6M
Q3 24
$31.4M
$355.0M
Q2 24
$163.9M
$496.8M
FCF Margin
BC
BC
CPAY
CPAY
Q1 26
-8.5%
Q4 25
6.3%
60.9%
Q3 25
7.8%
-36.7%
Q2 25
18.7%
98.7%
Q1 25
-5.3%
-11.8%
Q4 24
23.9%
58.4%
Q3 24
2.5%
34.5%
Q2 24
11.4%
50.9%
Capex Intensity
BC
BC
CPAY
CPAY
Q1 26
4.2%
Q4 25
3.7%
4.2%
Q3 25
2.5%
4.3%
Q2 25
3.1%
4.8%
Q1 25
3.1%
4.5%
Q4 24
2.6%
4.3%
Q3 24
2.8%
4.4%
Q2 24
3.3%
4.5%
Cash Conversion
BC
BC
CPAY
CPAY
Q1 26
Q4 25
7.11×
3.07×
Q3 25
-1.36×
Q2 25
5.33×
4.01×
Q1 25
-1.36×
-0.30×
Q4 24
2.64×
Q3 24
1.51×
1.45×
Q2 24
2.11×
2.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BC
BC

Segment breakdown not available.

CPAY
CPAY

Vehicle Payments$572.9M46%
Corporate Payments$480.8M39%
Lodging Payments$112.5M9%
Other Operating Segments$82.1M7%

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