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Side-by-side financial comparison of Corpay (CPAY) and Roper Technologies (ROP). Click either name above to swap in a different company.
Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.7× Corpay). Corpay runs the higher net margin — 21.2% vs 15.8%, a 5.4% gap on every dollar of revenue. On growth, Corpay posted the faster year-over-year revenue change (20.7% vs 11.3%). Corpay produced more free cash flow last quarter ($760.3M vs $507.0M). Over the past eight quarters, Corpay's revenue compounded faster (15.5% CAGR vs 10.5%).
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.
Roper Technologies, Inc. is a holding company that owns companies in the technology sector.
CPAY vs ROP — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $2.1B |
| Net Profit | $264.5M | $331.0M |
| Gross Margin | — | 69.4% |
| Operating Margin | 45.2% | 27.2% |
| Net Margin | 21.2% | 15.8% |
| Revenue YoY | 20.7% | 11.3% |
| Net Profit YoY | 7.5% | 53.7% |
| EPS (diluted) | $3.74 | $4.87 |
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.
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $1.2B | $2.0B | ||
| Q2 25 | $1.1B | $1.9B | ||
| Q1 25 | $1.0B | $1.9B | ||
| Q4 24 | $1.0B | $1.9B | ||
| Q3 24 | $1.0B | $1.8B | ||
| Q2 24 | $975.7M | $1.7B |
| Q1 26 | — | $331.0M | ||
| Q4 25 | $264.5M | $428.4M | ||
| Q3 25 | $277.9M | $398.5M | ||
| Q2 25 | $284.2M | $378.3M | ||
| Q1 25 | $243.2M | $331.1M | ||
| Q4 24 | $246.0M | $462.3M | ||
| Q3 24 | $276.4M | $367.9M | ||
| Q2 24 | $251.6M | $337.1M |
| Q1 26 | — | 69.4% | ||
| Q4 25 | — | 69.5% | ||
| Q3 25 | — | 69.5% | ||
| Q2 25 | — | 69.2% | ||
| Q1 25 | — | 68.7% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | — | 69.2% | ||
| Q2 24 | — | 69.5% |
| Q1 26 | — | 27.2% | ||
| Q4 25 | 45.2% | 28.6% | ||
| Q3 25 | 44.6% | 28.4% | ||
| Q2 25 | 43.5% | 28.2% | ||
| Q1 25 | 42.5% | 27.9% | ||
| Q4 24 | 47.2% | 28.0% | ||
| Q3 24 | 45.5% | 28.1% | ||
| Q2 24 | 44.4% | 28.8% |
| Q1 26 | — | 15.8% | ||
| Q4 25 | 21.2% | 20.8% | ||
| Q3 25 | 23.7% | 19.8% | ||
| Q2 25 | 25.8% | 19.5% | ||
| Q1 25 | 24.2% | 17.6% | ||
| Q4 24 | 23.8% | 24.6% | ||
| Q3 24 | 26.9% | 20.8% | ||
| Q2 24 | 25.8% | 19.6% |
| Q1 26 | — | $4.87 | ||
| Q4 25 | $3.74 | $3.97 | ||
| Q3 25 | $3.91 | $3.68 | ||
| Q2 25 | $3.98 | $3.49 | ||
| Q1 25 | $3.40 | $3.06 | ||
| Q4 24 | $3.43 | $4.29 | ||
| Q3 24 | $3.90 | $3.40 | ||
| Q2 24 | $3.52 | $3.12 |
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 | $382.9M |
| Total DebtLower is stronger | $10.0B | $9.7B |
| Stockholders' EquityBook value | $3.9B | $18.8B |
| Total Assets | $26.4B | $34.6B |
| Debt / EquityLower = less leverage | 2.58× | 0.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $382.9M | ||
| Q4 25 | $2.4B | $297.4M | ||
| Q3 25 | $2.0B | $320.0M | ||
| Q2 25 | $2.2B | $242.4M | ||
| Q1 25 | $1.6B | $372.8M | ||
| Q4 24 | $1.6B | $188.2M | ||
| Q3 24 | $1.3B | $269.6M | ||
| Q2 24 | $1.4B | $251.5M |
| Q1 26 | — | $9.7B | ||
| Q4 25 | $10.0B | $9.3B | ||
| Q3 25 | $8.1B | — | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | $8.2B | — | ||
| Q4 24 | $8.0B | $7.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $18.8B | ||
| Q4 25 | $3.9B | $19.9B | ||
| Q3 25 | $4.1B | $20.0B | ||
| Q2 25 | $3.9B | $19.6B | ||
| Q1 25 | $3.5B | $19.2B | ||
| Q4 24 | $3.1B | $18.9B | ||
| Q3 24 | $3.1B | $18.5B | ||
| Q2 24 | $2.8B | $18.1B |
| Q1 26 | — | $34.6B | ||
| Q4 25 | $26.4B | $34.6B | ||
| Q3 25 | $19.7B | $34.6B | ||
| Q2 25 | $20.4B | $33.2B | ||
| Q1 25 | $18.5B | $31.4B | ||
| Q4 24 | $18.0B | $31.3B | ||
| Q3 24 | $17.6B | $31.6B | ||
| Q2 24 | $16.2B | $29.8B |
| Q1 26 | — | 0.52× | ||
| Q4 25 | 2.58× | 0.47× | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.07× | — | ||
| Q1 25 | 2.37× | — | ||
| Q4 24 | 2.56× | 0.40× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $812.7M | — |
| Free Cash FlowOCF − Capex | $760.3M | $507.0M |
| FCF MarginFCF / Revenue | 60.9% | 24.2% |
| Capex IntensityCapex / Revenue | 4.2% | 0.5% |
| Cash ConversionOCF / Net Profit | 3.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $812.7M | $738.0M | ||
| Q3 25 | $-378.9M | $869.5M | ||
| Q2 25 | $1.1B | $404.1M | ||
| Q1 25 | $-74.2M | $528.7M | ||
| Q4 24 | $648.7M | $722.2M | ||
| Q3 24 | $400.8M | $755.4M | ||
| Q2 24 | $540.9M | $384.1M |
| Q1 26 | — | $507.0M | ||
| Q4 25 | $760.3M | — | ||
| Q3 25 | $-429.8M | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $-118.9M | — | ||
| Q4 24 | $604.6M | — | ||
| Q3 24 | $355.0M | — | ||
| Q2 24 | $496.8M | — |
| Q1 26 | — | 24.2% | ||
| Q4 25 | 60.9% | — | ||
| Q3 25 | -36.7% | — | ||
| Q2 25 | 98.7% | — | ||
| Q1 25 | -11.8% | — | ||
| Q4 24 | 58.4% | — | ||
| Q3 24 | 34.5% | — | ||
| Q2 24 | 50.9% | — |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 4.2% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 4.8% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 4.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.07× | 1.72× | ||
| Q3 25 | -1.36× | 2.18× | ||
| Q2 25 | 4.01× | 1.07× | ||
| Q1 25 | -0.30× | 1.60× | ||
| Q4 24 | 2.64× | 1.56× | ||
| Q3 24 | 1.45× | 2.05× | ||
| Q2 24 | 2.15× | 1.14× |
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% |
ROP
Segment breakdown not available.
