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Corpay CPAY Interest coverage

Interest coverage at other companies

American Express logo
American ExpressAXP
2.7×+0.1×
U.S. Bancorp logo
U.S. BancorpUSB
1.7×+0.1×
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
3.6×-1.2×
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
+0.8×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
13.4×-0.8×
Paychex logo
PaychexPAYX
8.7×-41.4×

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 trailing twelve months.

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 interest coverage?
Corpay (CPAY) reported interest coverage of 5.2× in Q1 2026.
How has Corpay's interest coverage changed year-over-year?
Corpay's interest coverage increased by 12.0% year-over-year, from 4.7× to 5.2×.
What is the long-term trend for Corpay's interest coverage?
Over 2 years (2023 to 2025), Corpay's interest coverage has grown at a -9.6% compound annual growth rate (CAGR), from 23.7× to 19.4×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.