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Side-by-side financial comparison of Corpay (CPAY) and JBT Marel Corp (JBTM). Click either name above to swap in a different company.
Corpay is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.2× JBT Marel Corp). Corpay runs the higher net margin — 21.2% vs 5.3%, a 15.9% gap on every dollar of revenue. On growth, JBT Marel Corp posted the faster year-over-year revenue change (115.6% vs 20.7%). Corpay produced more free cash flow last quarter ($760.3M vs $83.5M). Over the past eight quarters, JBT Marel Corp's revenue compounded faster (60.3% CAGR vs 15.5%).
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.
JBT Marel Corporation, formerly known as JBT Corporation, or John Bean Technologies Corporation, is a food processing machinery and automated vehicle company. The company was incorporated in 2008 when FMC Technologies divested its non-energy businesses. The company is based in Chicago, Illinois and traces its history back to a company founded in 1884 by John Bean, an orchardist in Los Gatos, California.
CPAY vs JBTM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.0B |
| Net Profit | $264.5M | $53.1M |
| Gross Margin | — | 34.5% |
| Operating Margin | 45.2% | 7.2% |
| Net Margin | 21.2% | 5.3% |
| Revenue YoY | 20.7% | 115.6% |
| Net Profit YoY | 7.5% | 858.6% |
| EPS (diluted) | $3.74 | $1.04 |
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.
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $1.2B | $1.0B | ||
| Q2 25 | $1.1B | $934.8M | ||
| Q1 25 | $1.0B | $854.1M | ||
| Q4 24 | $1.0B | $467.6M | ||
| Q3 24 | $1.0B | $453.8M | ||
| Q2 24 | $975.7M | $402.3M | ||
| Q1 24 | $935.3M | $392.3M |
| Q4 25 | $264.5M | $53.1M | ||
| Q3 25 | $277.9M | $66.0M | ||
| Q2 25 | $284.2M | $3.4M | ||
| Q1 25 | $243.2M | $-173.0M | ||
| Q4 24 | $246.0M | $-7.0M | ||
| Q3 24 | $276.4M | $38.9M | ||
| Q2 24 | $251.6M | $30.7M | ||
| Q1 24 | $229.8M | $22.8M |
| Q4 25 | — | 34.5% | ||
| Q3 25 | — | 35.9% | ||
| Q2 25 | — | 35.8% | ||
| Q1 25 | — | 34.2% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 35.6% | ||
| Q1 24 | — | 35.8% |
| Q4 25 | 45.2% | 7.2% | ||
| Q3 25 | 44.6% | 10.2% | ||
| Q2 25 | 43.5% | 5.2% | ||
| Q1 25 | 42.5% | -3.9% | ||
| Q4 24 | 47.2% | 3.4% | ||
| Q3 24 | 45.5% | 10.3% | ||
| Q2 24 | 44.4% | 6.7% | ||
| Q1 24 | 42.5% | 7.4% |
| Q4 25 | 21.2% | 5.3% | ||
| Q3 25 | 23.7% | 6.6% | ||
| Q2 25 | 25.8% | 0.4% | ||
| Q1 25 | 24.2% | -20.3% | ||
| Q4 24 | 23.8% | -1.5% | ||
| Q3 24 | 26.9% | 8.6% | ||
| Q2 24 | 25.8% | 7.6% | ||
| Q1 24 | 24.6% | 5.8% |
| Q4 25 | $3.74 | $1.04 | ||
| Q3 25 | $3.91 | $1.26 | ||
| Q2 25 | $3.98 | $0.07 | ||
| Q1 25 | $3.40 | $-3.35 | ||
| Q4 24 | $3.43 | $-0.22 | ||
| Q3 24 | $3.90 | $1.21 | ||
| Q2 24 | $3.52 | $0.95 | ||
| Q1 24 | $3.12 | $0.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.4B | $167.9M |
| Total DebtLower is stronger | $10.0B | $1.5B |
| Stockholders' EquityBook value | $3.9B | $4.5B |
| Total Assets | $26.4B | $8.2B |
| Debt / EquityLower = less leverage | 2.58× | 0.33× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | $167.9M | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.3B | — |
| Q4 25 | $10.0B | $1.5B | ||
| Q3 25 | $8.1B | $1.5B | ||
| Q2 25 | $8.1B | $1.5B | ||
| Q1 25 | $8.2B | $2.0B | ||
| Q4 24 | $8.0B | $1.3B | ||
| Q3 24 | — | $648.3M | ||
| Q2 24 | — | $647.7M | ||
| Q1 24 | — | $647.0M |
| Q4 25 | $3.9B | $4.5B | ||
| Q3 25 | $4.1B | $4.4B | ||
| Q2 25 | $3.9B | $4.4B | ||
| Q1 25 | $3.5B | $4.1B | ||
| Q4 24 | $3.1B | $1.5B | ||
| Q3 24 | $3.1B | $1.6B | ||
| Q2 24 | $2.8B | $1.5B | ||
| Q1 24 | $3.3B | $1.5B |
| Q4 25 | $26.4B | $8.2B | ||
| Q3 25 | $19.7B | $8.2B | ||
| Q2 25 | $20.4B | $8.3B | ||
| Q1 25 | $18.5B | $8.0B | ||
| Q4 24 | $18.0B | $3.4B | ||
| Q3 24 | $17.6B | $2.8B | ||
| Q2 24 | $16.2B | $2.7B | ||
| Q1 24 | $15.8B | $2.7B |
| Q4 25 | 2.58× | 0.33× | ||
| Q3 25 | 1.99× | 0.34× | ||
| Q2 25 | 2.07× | 0.35× | ||
| Q1 25 | 2.37× | 0.48× | ||
| Q4 24 | 2.56× | 0.81× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.43× | ||
| Q1 24 | — | 0.43× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $812.7M | $117.4M |
| Free Cash FlowOCF − Capex | $760.3M | $83.5M |
| FCF MarginFCF / Revenue | 60.9% | 8.3% |
| Capex IntensityCapex / Revenue | 4.2% | 3.4% |
| Cash ConversionOCF / Net Profit | 3.07× | 2.21× |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | $238.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $812.7M | $117.4M | ||
| Q3 25 | $-378.9M | $87.7M | ||
| Q2 25 | $1.1B | $102.2M | ||
| Q1 25 | $-74.2M | $34.4M | ||
| Q4 24 | $648.7M | $128.7M | ||
| Q3 24 | $400.8M | $71.9M | ||
| Q2 24 | $540.9M | $21.6M | ||
| Q1 24 | $350.2M | $10.4M |
| Q4 25 | $760.3M | $83.5M | ||
| Q3 25 | $-429.8M | $56.5M | ||
| Q2 25 | $1.1B | $83.7M | ||
| Q1 25 | $-118.9M | $14.4M | ||
| Q4 24 | $604.6M | $118.7M | ||
| Q3 24 | $355.0M | $65.0M | ||
| Q2 24 | $496.8M | $11.1M | ||
| Q1 24 | $309.0M | $-100.0K |
| Q4 25 | 60.9% | 8.3% | ||
| Q3 25 | -36.7% | 5.6% | ||
| Q2 25 | 98.7% | 9.0% | ||
| Q1 25 | -11.8% | 1.7% | ||
| Q4 24 | 58.4% | 25.4% | ||
| Q3 24 | 34.5% | 14.3% | ||
| Q2 24 | 50.9% | 2.8% | ||
| Q1 24 | 33.0% | -0.0% |
| Q4 25 | 4.2% | 3.4% | ||
| Q3 25 | 4.3% | 3.1% | ||
| Q2 25 | 4.8% | 2.0% | ||
| Q1 25 | 4.5% | 2.3% | ||
| Q4 24 | 4.3% | 2.1% | ||
| Q3 24 | 4.4% | 1.5% | ||
| Q2 24 | 4.5% | 2.6% | ||
| Q1 24 | 4.4% | 2.7% |
| Q4 25 | 3.07× | 2.21× | ||
| Q3 25 | -1.36× | 1.33× | ||
| Q2 25 | 4.01× | 30.06× | ||
| Q1 25 | -0.30× | — | ||
| Q4 24 | 2.64× | — | ||
| Q3 24 | 1.45× | 1.85× | ||
| Q2 24 | 2.15× | 0.70× | ||
| Q1 24 | 1.52× | 0.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CPAY
| Vehicle Payments | $572.9M | 46% |
| Corporate Payments | $480.8M | 39% |
| Lodging Payments | $112.5M | 9% |
| Other Operating Segments | $82.1M | 7% |
JBTM
Segment breakdown not available.
