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Corpay CPAY Debt-to-assets

Debt-to-assets at other companies

American Express logo
American ExpressAXP
0.2×0.0×
U.S. Bancorp logo
U.S. BancorpUSB
0.1×0.0×
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
0.5×+0.2×
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
0.7×0.0×
Global Payments logo
Global PaymentsGPN
0.4×0.0×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
0.1×0.0×

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×
Current ratio-0.1×

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 debt-to-assets?
Corpay (CPAY) reported debt-to-assets of 0.4× in Q1 2026.
How has Corpay's debt-to-assets changed year-over-year?
Corpay's debt-to-assets decreased by 11.8% year-over-year, from 0.4× to 0.4×.
What is the long-term trend for Corpay's debt-to-assets?
Over 4 years (2021 to 2025), Corpay's debt-to-assets has grown at a -0.4% compound annual growth rate (CAGR), from 1.7× to 1.6×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.