CPAY vs. PAY
CPAY (Corpay, Inc.) and PAY (Paymentus Holdings, Inc.) are both stocks. Both are in the Technology sector — CPAY in Software - Infrastructure, PAY in Information Technology Services. Over the past 5 years, CPAY returned 5.17%/yr vs -6.18%/yr for PAY. At a 0.40 correlation, their price movements are largely independent.
Performance
CPAY vs. PAY - Performance Comparison
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Returns By Period
In the year-to-date period, CPAY achieves a 15.98% return, which is significantly higher than PAY's -35.01% return.
CPAY
- 1D
- 0.45%
- 1M
- 1.46%
- YTD
- 15.98%
- 6M
- 14.92%
- 1Y
- 3.42%
- 3Y*
- 13.39%
- 5Y*
- 5.17%
- 10Y*
- 9.01%
PAY
- 1D
- -1.77%
- 1M
- -22.94%
- YTD
- -35.01%
- 6M
- -41.44%
- 1Y
- -43.69%
- 3Y*
- 27.05%
- 5Y*
- -6.18%
- 10Y*
- —
CPAY vs. PAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CPAY Corpay, Inc. | 15.98% | -11.08% | 19.75% | 53.86% | -17.94% | -17.51% |
PAY Paymentus Holdings, Inc. | -35.01% | -3.31% | 82.82% | 123.10% | -77.10% | 22.26% |
Correlation
The correlation between CPAY and PAY is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since May 27, 2021 | 0.40 |
Fundamentals
CPAY:
$23.89B
PAY:
$2.65B
CPAY:
$16.74
PAY:
$0.57
CPAY:
20.85
PAY:
35.84
CPAY:
1.94
PAY:
0.44
CPAY:
5.13
PAY:
2.07
CPAY:
6.81
PAY:
4.55
CPAY:
$4.78B
PAY:
$1.28B
CPAY:
$2.57B
PAY:
$316.55M
CPAY:
$2.55B
PAY:
$121.90M
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Return for Risk
CPAY vs. PAY — Risk / Return Rank
CPAY
PAY
CPAY vs. PAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Corpay, Inc. (CPAY) and Paymentus Holdings, Inc. (PAY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CPAY | PAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.84 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | -0.93 | +1.05 |
| Martin ratioReturn relative to average drawdown | 0.28 | -1.75 | +2.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CPAY | PAY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | -0.85 | +0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | -0.10 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | -0.10 | +0.67 |
Drawdowns
CPAY vs. PAY - Drawdown Comparison
The maximum CPAY drawdown since its inception was -50.13%, smaller than the maximum PAY drawdown of -80.78%. Use the drawdown chart below to compare losses from any high point for CPAY and PAY.
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Drawdown Indicators
| CPAY | PAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.13% | -80.78% | +30.65% |
Max Drawdown (1Y)Largest decline over 1 year | -27.27% | -47.26% | +19.99% |
Max Drawdown (3Y)Largest decline over 3 years | -34.54% | -48.47% | +13.93% |
Max Drawdown (5Y)Largest decline over 5 years | -41.63% | -80.78% | +39.15% |
Max Drawdown (10Y)Largest decline over 10 years | -50.13% | — | — |
Current DrawdownCurrent decline from peak | -10.41% | -48.47% | +38.06% |
Average DrawdownAverage peak-to-trough decline | -13.33% | -41.67% | +28.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.42% | 25.08% | -12.66% |
Volatility
CPAY vs. PAY - Volatility Comparison
Corpay, Inc. (CPAY) has a higher volatility of 14.65% compared to Paymentus Holdings, Inc. (PAY) at 13.40%. This indicates that CPAY's price experiences larger fluctuations and is considered to be riskier than PAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPAY | PAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.65% | 13.40% | +1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 29.92% | 32.87% | -2.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.68% | 51.44% | -13.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.40% | 62.36% | -29.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.93% | 62.58% | -29.65% |
Dividends
CPAY vs. PAY - Dividend Comparison
Neither CPAY nor PAY has paid dividends to shareholders.
Financials
CPAY vs. PAY - Financials Comparison
This section allows you to compare key financial metrics between Corpay, Inc. and Paymentus Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CPAY vs. PAY - Profitability Comparison
CPAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Corpay, Inc. reported a gross profit of 0.00 and revenue of 1.26B. Therefore, the gross margin over that period was 0.0%.
PAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Paymentus Holdings, Inc. reported a gross profit of 86.23M and revenue of 358.44M. Therefore, the gross margin over that period was 24.1%.
CPAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Corpay, Inc. reported an operating income of 636.17M and revenue of 1.26B, resulting in an operating margin of 50.5%.
PAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Paymentus Holdings, Inc. reported an operating income of 26.55M and revenue of 358.44M, resulting in an operating margin of 7.4%.
CPAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Corpay, Inc. reported a net income of 350.07M and revenue of 1.26B, resulting in a net margin of 27.8%.
PAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Paymentus Holdings, Inc. reported a net income of 20.88M and revenue of 358.44M, resulting in a net margin of 5.8%.
Frequently Asked Questions
CPAY and PAY have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPAY has higher volatility (14.65%) compared to PAY (13.40%). In terms of maximum drawdown, CPAY dropped -50.13% vs PAY's -80.78%.
CPAY currently has the higher Sharpe Ratio (0.09 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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