CPAY vs MA

Corpay (CPAY) and Mastercard (MA) compared side by side. Mastercard (MA) is larger, with a market cap of $546.3B versus $26.8B for Corpay, about 20.4 times the size. On trailing earnings, CPAY is cheaper at 24.8x versus 34.3x for MA.

Head to head

MetricCPAYMA
Market cap$26.8B$546.3B
P/E (TTM)24.8x34.3x
Forward P/E12.9x27.0x
Revenue (TTM)$5.0B$35.1B
Revenue growth21.5%14.1%
Gross margin80.5%100.0%
Operating margin46.9%61.1%
Free cash flow$1.6B$16.0B
Dividend yieldNone0.56%
1-year return+43.6%+9.4%
5-year return (annual)+8.1%+12.4%
Max drawdown-50%-63%
FI Handbook gradeA-B+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$10.0K
$15.0K
20222023202420252026
CPAYMA

CPAY vs MA FAQ

Which is bigger, CPAY or MA?

Mastercard (MA) is larger, with a market cap of $546.3B versus $26.8B for Corpay, about 20.4 times the size.

Is CPAY or MA cheaper?

On trailing earnings, CPAY is cheaper at 24.8x versus 34.3x for MA. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, CPAY or MA?

CPAY returned +43.6% over the past year including dividends, versus +9.4% for MA, through October 23, 2026.

Which pays a higher dividend, CPAY or MA?

MA yields 0.56%; CPAY does not pay a dividend.

Full pages: Corpay · Mastercard