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Side-by-side financial comparison of Corpay (CPAY) and SERVICE CORP INTERNATIONAL (SCI). Click either name above to swap in a different company.
Corpay is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× SERVICE CORP INTERNATIONAL). Corpay runs the higher net margin — 21.2% vs 14.3%, a 6.8% gap on every dollar of revenue. On growth, Corpay posted the faster year-over-year revenue change (20.7% vs 1.7%). Corpay produced more free cash flow last quarter ($760.3M vs $87.2M). Over the past eight quarters, Corpay's revenue compounded faster (15.5% CAGR vs 3.1%).
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.
International Distribution Services Limited is a British company providing postal and courier services. IDS was created in 2013 by the UK government as a new holding company of Royal Mail, and a majority of its shares were then sold on the London Stock Exchange, with the government initially retaining a 30 per cent at the time. As of April 2025, IDS is owned and operated by Czech-based EP Group, owned by Daniel Křetínský.
CPAY vs SCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.1B |
| Net Profit | $264.5M | $159.4M |
| Gross Margin | — | 28.0% |
| Operating Margin | 45.2% | 24.8% |
| Net Margin | 21.2% | 14.3% |
| Revenue YoY | 20.7% | 1.7% |
| Net Profit YoY | 7.5% | 5.3% |
| EPS (diluted) | $3.74 | $1.13 |
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 | $1.1B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $1.0B | $1.1B | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $975.7M | $1.0B | ||
| Q1 24 | $935.3M | $1.0B |
| Q4 25 | $264.5M | $159.4M | ||
| Q3 25 | $277.9M | $117.5M | ||
| Q2 25 | $284.2M | $122.9M | ||
| Q1 25 | $243.2M | $142.9M | ||
| Q4 24 | $246.0M | $151.4M | ||
| Q3 24 | $276.4M | $117.8M | ||
| Q2 24 | $251.6M | $118.2M | ||
| Q1 24 | $229.8M | $131.3M |
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 25.5% | ||
| Q1 25 | — | 27.1% | ||
| Q4 24 | — | 28.0% | ||
| Q3 24 | — | 24.9% | ||
| Q2 24 | — | 24.9% | ||
| Q1 24 | — | 26.2% |
| Q4 25 | 45.2% | 24.8% | ||
| Q3 25 | 44.6% | 21.4% | ||
| Q2 25 | 43.5% | 21.1% | ||
| Q1 25 | 42.5% | 23.4% | ||
| Q4 24 | 47.2% | 24.0% | ||
| Q3 24 | 45.5% | 20.9% | ||
| Q2 24 | 44.4% | 21.4% | ||
| Q1 24 | 42.5% | 22.2% |
| Q4 25 | 21.2% | 14.3% | ||
| Q3 25 | 23.7% | 11.1% | ||
| Q2 25 | 25.8% | 11.5% | ||
| Q1 25 | 24.2% | 13.3% | ||
| Q4 24 | 23.8% | 13.8% | ||
| Q3 24 | 26.9% | 11.6% | ||
| Q2 24 | 25.8% | 11.4% | ||
| Q1 24 | 24.6% | 12.6% |
| Q4 25 | $3.74 | $1.13 | ||
| Q3 25 | $3.91 | $0.83 | ||
| Q2 25 | $3.98 | $0.86 | ||
| Q1 25 | $3.40 | $0.98 | ||
| Q4 24 | $3.43 | $1.02 | ||
| Q3 24 | $3.90 | $0.81 | ||
| Q2 24 | $3.52 | $0.81 | ||
| Q1 24 | $3.12 | $0.89 |
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 | $243.6M |
| Total DebtLower is stronger | $10.0B | $5.1B |
| Stockholders' EquityBook value | $3.9B | $1.6B |
| Total Assets | $26.4B | $18.7B |
| Debt / EquityLower = less leverage | 2.58× | 3.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | $243.6M | ||
| Q3 25 | $2.0B | $241.3M | ||
| Q2 25 | $2.2B | $255.4M | ||
| Q1 25 | $1.6B | $227.2M | ||
| Q4 24 | $1.6B | $218.8M | ||
| Q3 24 | $1.3B | $185.4M | ||
| Q2 24 | $1.4B | $184.4M | ||
| Q1 24 | $1.3B | $205.6M |
| Q4 25 | $10.0B | $5.1B | ||
| Q3 25 | $8.1B | $5.0B | ||
| Q2 25 | $8.1B | $5.0B | ||
| Q1 25 | $8.2B | $4.7B | ||
| Q4 24 | $8.0B | $4.8B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.7B | ||
| Q1 24 | — | $4.6B |
| Q4 25 | $3.9B | $1.6B | ||
| Q3 25 | $4.1B | $1.6B | ||
| Q2 25 | $3.9B | $1.6B | ||
| Q1 25 | $3.5B | $1.7B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $3.1B | $1.6B | ||
| Q2 24 | $2.8B | $1.5B | ||
| Q1 24 | $3.3B | $1.6B |
| Q4 25 | $26.4B | $18.7B | ||
| Q3 25 | $19.7B | $18.4B | ||
| Q2 25 | $20.4B | $18.0B | ||
| Q1 25 | $18.5B | $17.3B | ||
| Q4 24 | $18.0B | $17.4B | ||
| Q3 24 | $17.6B | $17.4B | ||
| Q2 24 | $16.2B | $16.8B | ||
| Q1 24 | $15.8B | $16.7B |
| Q4 25 | 2.58× | 3.10× | ||
| Q3 25 | 1.99× | 3.17× | ||
| Q2 25 | 2.07× | 3.19× | ||
| Q1 25 | 2.37× | 2.87× | ||
| Q4 24 | 2.56× | 2.83× | ||
| Q3 24 | — | 2.92× | ||
| Q2 24 | — | 3.05× | ||
| Q1 24 | — | 2.90× |
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 | $212.9M |
| Free Cash FlowOCF − Capex | $760.3M | $87.2M |
| FCF MarginFCF / Revenue | 60.9% | 7.8% |
| Capex IntensityCapex / Revenue | 4.2% | 11.3% |
| Cash ConversionOCF / Net Profit | 3.07× | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | $554.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $812.7M | $212.9M | ||
| Q3 25 | $-378.9M | $252.3M | ||
| Q2 25 | $1.1B | $166.4M | ||
| Q1 25 | $-74.2M | $311.1M | ||
| Q4 24 | $648.7M | $264.1M | ||
| Q3 24 | $400.8M | $263.8M | ||
| Q2 24 | $540.9M | $196.9M | ||
| Q1 24 | $350.2M | $220.1M |
| Q4 25 | $760.3M | $87.2M | ||
| Q3 25 | $-429.8M | $150.7M | ||
| Q2 25 | $1.1B | $83.4M | ||
| Q1 25 | $-118.9M | $233.0M | ||
| Q4 24 | $604.6M | $151.8M | ||
| Q3 24 | $355.0M | $162.8M | ||
| Q2 24 | $496.8M | $100.8M | ||
| Q1 24 | $309.0M | $140.3M |
| Q4 25 | 60.9% | 7.8% | ||
| Q3 25 | -36.7% | 14.2% | ||
| Q2 25 | 98.7% | 7.8% | ||
| Q1 25 | -11.8% | 21.7% | ||
| Q4 24 | 58.4% | 13.9% | ||
| Q3 24 | 34.5% | 16.1% | ||
| Q2 24 | 50.9% | 9.7% | ||
| Q1 24 | 33.0% | 13.4% |
| Q4 25 | 4.2% | 11.3% | ||
| Q3 25 | 4.3% | 9.6% | ||
| Q2 25 | 4.8% | 7.8% | ||
| Q1 25 | 4.5% | 7.3% | ||
| Q4 24 | 4.3% | 10.3% | ||
| Q3 24 | 4.4% | 10.0% | ||
| Q2 24 | 4.5% | 9.3% | ||
| Q1 24 | 4.4% | 7.6% |
| Q4 25 | 3.07× | 1.34× | ||
| Q3 25 | -1.36× | 2.15× | ||
| Q2 25 | 4.01× | 1.35× | ||
| Q1 25 | -0.30× | 2.18× | ||
| Q4 24 | 2.64× | 1.75× | ||
| Q3 24 | 1.45× | 2.24× | ||
| Q2 24 | 2.15× | 1.67× | ||
| Q1 24 | 1.52× | 1.68× |
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% |
SCI
| Cemetery | $510.9M | 46% |
| Funeral Matured Preneed Revenue | $196.5M | 18% |
| Cemetery Recognized Preneed Merchandise And Service Revenue | $107.4M | 10% |
| Cemetery Atneed Revenue | $104.9M | 9% |
| CA | $56.4M | 5% |
| Funeral Other Revenue | $54.6M | 5% |
| Cemetery Other Revenue | $40.2M | 4% |
| Nonfuneral Home Revenue | $28.1M | 3% |
| Non Funeral Home Preneed Sales Revenue | $22.0M | 2% |
