AI English summary of an SEC filing — figures as filed
The company said revenue for Q4 2024 rose to $1,034.4 million, up from $937.3 million a year earlier, a gain of 10%. Net income attributable to the company fell 4% to $246.0 million.
Key points
AI summaryThe company said revenue for Q4 2024 rose to $1,034.4 million, up from $937.3 million a year earlier, a gain of 10%. Net income attributable to the company fell 4% to $246.0 million.
Corpay said adjusted EBITDA for Q4 2024 rose 12% to $571.2 million from $508.1 million a year earlier. Adjusted net income per diluted share rose 21% to $5.36 from $4.44.
The company said revenue for 2024 rose 6% to $3,974.6 million, and net income attributable to the company grew 2% to $1,003.7 million. It said a gain on the sale of a business, a goodwill impairment and discrete tax items reduced net income by about $37 million on a net basis.
Corpay gave guidance for 2025 total revenue of $4,350 million to $4,450 million and adjusted net income per diluted share of $20.75 to $21.25. It also said it expects to generate about $1.5 billion in free cash flow in 2025.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Corpay Reports Q4 2024 GAAP Revenue Growth, Net Income Declines
The company said revenue for Q4 2024 rose to $1,034.4 million, up from $937.3 million a year earlier, a gain of 10%. Net income attributable to the company fell 4% to $246.0 million.
Source · Based on the filing body and exhibits
Q4 2024 Adjusted EBITDA and Adjusted EPS
Corpay said adjusted EBITDA for Q4 2024 rose 12% to $571.2 million from $508.1 million a year earlier. Adjusted net income per diluted share rose 21% to $5.36 from $4.44.
Source · Based on the filing body and exhibits
2024 Full-Year Results and Items That Reduced Net Income
The company said revenue for 2024 rose 6% to $3,974.6 million, and net income attributable to the company grew 2% to $1,003.7 million. It said a gain on the sale of a business, a goodwill impairment and discrete tax items reduced net income by about $37 million on a net basis.
Source · Based on the filing body and exhibits
2025 Fiscal Year Outlook
Corpay gave guidance for 2025 total revenue of $4,350 million to $4,450 million and adjusted net income per diluted share of $20.75 to $21.25. It also said it expects to generate about $1.5 billion in free cash flow in 2025.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…