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Earnings Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The Company reports basic and diluted earnings per share. Basic earnings per share is computed by dividing net income
attributable to shareholders of the Company by the weighted average number of common shares outstanding during the reported
period. Diluted earnings per share reflect the potential dilution related to equity-based incentives using the treasury stock
method.
The calculation and reconciliation of basic and diluted earnings per share for the years ended December 31 (in thousands,
except per share data) follows:
2024
2023
2022
Net income attributable to Corpay
$1,003,746
$981,890
$954,327
Denominator for basic earnings per share
70,331
73,155
75,598
Dilutive securities
1,517
1,232
1,264
Denominator for diluted earnings per share
71,848
74,387
76,862
Basic earnings per share attributable to Corpay
$14.27
$13.42
$12.62
Diluted earnings per share attributable to Corpay
$13.97
$13.20
$12.42
Diluted earnings per share for the years ended December 31, 2024, 2023 and 2022 excludes the effect of 0.1 million, 2.0 million
and 2.3 million shares, respectively, of common stock that may be issued upon the exercise of employee stock options because
such effect would be antidilutive. Diluted earnings per share also excludes the effect of performance-based restricted stock for
which the performance criteria have not yet been achieved, which was immaterial for 2024, 2023 and 2022.