How Corpay is cashing in on expenses

Corpay (NYSE: CPAY) specializes in corporate payments, offering solutions for managing expenses efficiently. With revenue growing by an average of 15% annually since 2010, the company has seen a 50% increase in sales between 2019 and 2024. With strong margins and plans for international expansion, Corpay’s shares have risen by 40% in the past nine months, outperforming the US market and trading at a relatively modest 14 times the consensus forecast for 2026.

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