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Corpay CPAY Current ratio

Current ratio at other companies

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Fidelity National Information ServicesFIS
0.6×0.0×
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Global PaymentsGPN
0.8×-0.2×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
1.3×0.0×
Paychex logo
PaychexPAYX
1.3×-0.1×
Block logo
BlockXYZ
-0.3×
Mastercard logo
MastercardMA
-0.1×

Other financials

Income statement

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Revenue$1.3B+25.4%
Operating income$636.2M+48.9%
Net income$350.1M+43.9%
EPS (diluted)$5.07+49.1%

Balance sheet

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Cash & equivalents$2.5B+63.2%
Total debt$10.4B+26.8%
Total equity$3.5B+1.6%
Total assets$26.7B+43.8%

Cash flow

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Operating cash flow-$56.6M+23.6%
CapEx$51.1M+14.1%
Free cash flow-$107.7M+9.4%

Valuation

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Market cap$23.09B-19.2%
Enterprise value$30.92B-11.2%
P/E19.6×-8.5×
P/S4.8×-2.2×

Profitability

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Operating margin46.1%+1.1pp
Net margin24.6%-0.6pp

Returns & leverage

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Return on equity33.8%+3.5pp
Debt / equity+0.6×

Where this comes from

Calculated from Corpay’s reported figures.

Based on the most recent quarter.

The official record: Corpay’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corpay's current ratio?
Corpay (CPAY) reported current ratio of 1× in Q1 2026.
How has Corpay's current ratio changed year-over-year?
Corpay's current ratio decreased by 11.4% year-over-year, from 1.1× to 1×.
What is the long-term trend for Corpay's current ratio?
Over 4 years (2021 to 2025), Corpay's current ratio has grown at a 1.6% compound annual growth rate (CAGR), from 4.1× to 4.3×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.