Corpay (MEX:CPAY) Total Operating Expense: MXN31,522 Mil (TTM As of Mar. 2026)


MEX:CPAY Corpay Inc MEX:CPAY
93 GF Score
Price MXN5,209.00
GF Value MXN5,809.25
! 8 Warning Signs
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What is Corpay Total Operating Expense?

Corpay MEX:CPAY 93 Total Operating Expense is MXN31,522 Mil as of Mar. 2026. GuruFocus rates MEX:CPAY with a GF Score™ of 93/100 and a GF Value™ of MXN5,809.25. The stock has 8 warning signs investors should review.

Corpay's Total Operating Expense for the three months ended in Mar. 2026 was MXN8,551 Mil. Corpay's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN31,522 Mil.

Corpay Total Operating Expense Related Terms

Corpay Total Operating Expense Historical Data

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The historical data trend for Corpay's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Corpay Total Operating Expense Chart

Corpay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,157.34 23,702.87 21,742.96 28,148.04 28,941.98

Corpay Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,297.42 7,232.73 7,348.67 8,389.90 8,550.80
MEX:CPAY
93GF Score
Corpay Inc MEX:CPAY
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Corpay Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN31,522 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of MXN31,522 Mil mean?
Corpay (MEX:CPAY) has a Total Operating Expense of MXN31,522 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Corpay and its competitors.
Is Corpay's Total Operating Expense too high?
Corpay's current Total Operating Expense is MXN31,522 Mil. Overall, Corpay has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Corpay's Total Operating Expense compare to OKTA and ZS?
Corpay's Total Operating Expense of MXN31,522 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Corpay and its competitors. Corpay's current Total Operating Expense is MXN31,522 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corpay stock overvalued right now?
Corpay (MEX:CPAY) has a current Total Operating Expense of MXN31,522 Mil. The stock's GF Value™ is MXN5,809.25, compared to a current price of MXN5,209.00 — trading 10.3% below its estimated fair value. The current Total Operating Expense is MXN31,522 Mil. Corpay's overall GF Score™ is 93/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Corpay (MEX:CPAY), the current Total Operating Expense is MXN31,522 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Corpay (MEX:CPAY) Overvalued in 2026?

Based on GuruFocus' analysis, Corpay stock appears to be undervalued. The current stock price of MXN5,209.00 is trading 10.3% below its estimated GF Value™ of MXN5,809.25.

Key valuation signals for MEX:CPAY:

  • Total Operating Expense: MXN31,522 Mil
  • GF Value™: MXN5,809.25 vs. price of MXN5,209.00 (10.3% below fair value)
  • GF Score™: 93/100 with 8 warning signs

No single metric tells the full story. See the MEX:CPAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Corpay Business Description

Address 3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. The company offers payment and spend management solutions, including accounts payable automation, cross-border payments, commercial card programs, vehicle payment solutions, and lodging payment services. Its reportable segments are: Corporate Payments, Vehicle Payments, Lodging Payments and Other. The majority of the company's revenue is derived from the Vehicle Payments segment, which helps customers to pay for vehicle related expenses. Geographically, it derives the maximum revenue from the United States and the rest from Brazil, the United Kingdom and other countries.
93GF Score

Get the complete analysis for MEX:CPAY

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,209.00
Price
MXN5,809.25
GF Value