Corpay, Inc. (CPAY) Quick Ratio (Acid-Test): 0.98
Is Corpay, Inc.’s quick ratio (acid-test) high or low?
Corpay, Inc.'s quick ratio (acid-test) of 0.98 is in line with its 5-year average of 1.01, near the low end of its 5-year range (0.98–1.04).
As of Sunday, June 21, 2026. 1.01% below its 12-month average of 0.99.
CPAY Quick Ratio (Acid-Test) Chart
CPAY Average Quick Ratio (Acid-Test) Chart
CPAY Current vs Average Quick Ratio (Acid-Test) Chart
CPAY Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.98
QUICK RATIO (ACID-TEST) AVG TTM
0.99
QUICK RATIO (ACID-TEST) AVG 3Y
1.01
QUICK RATIO (ACID-TEST) AVG 5Y
1.01
QUICK RATIO (ACID-TEST) AVG 10Y
0.95
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-1.01%
CURRENT VS 3Y AVG
-2.73%
CURRENT VS 5Y AVG
-3.13%
CURRENT VS 10Y AVG
+2.96%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
CPAY Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $22.57B | 0.98 | 0.99 | 1.01 | 1.01 |
| Verisk Analytics, Inc. (VRSK)vs › | $22.77B | 1.20 | 0.97 | 0.85 | 0.74 |
| F5, Inc. (FFIV)vs › | $21.75B | 1.49 | 1.42 | 1.24 | 1.24 |
| Atlassian Corporation (TEAM)vs › | $21.73B | 1.22 | 1.20 | 1.23 | 1.09 |
| HP Inc. (HPQ)vs › | $21.49B | 0.48 | 0.46 | 0.46 | 0.48 |
| VeriSign, Inc. (VRSN)vs › | $24.08B | 0.49 | 0.46 | 0.67 | 0.85 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $20.71B | 2.34 | 2.21 | 2.21 | 2.15 |
| Fabrinet (FN)vs › | $20.56B | 2.28 | 2.53 | 2.47 | 2.26 |
| Zscaler, Inc. (ZS)vs › | $20.19B | 2.01 | 1.55 | 1.74 | 2.21 |
| Zoom Communications, Inc. (ZM)vs › | $25.32B | 4.33 | 4.45 | 4.26 | 4.13 |
Liquidity Comparison
Quick Ratio
0.98
Excludes inventory
Current Ratio
0.98
Includes inventory
Corpay, Inc. Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Corpay, Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Corpay, Inc. (CPAY)?
- The quick ratio (acid-test) for CPAY stock is 0.98.
- Is Corpay, Inc.'s quick ratio (acid-test) high or low?
- Corpay, Inc.'s quick ratio (acid-test) of 0.98 is in line with its 5-year average of 1.01, near the low end of its 5-year range (0.98–1.04).
- What is the TTM average quick ratio (acid-test) for Corpay, Inc. (CPAY)?
- The TTM average quick ratio (acid-test) for CPAY stock is 0.99.
- What is the 3Y average quick ratio (acid-test) for Corpay, Inc. (CPAY)?
- The 3Y average quick ratio (acid-test) for CPAY stock is 1.01.
- What is the 5Y average quick ratio (acid-test) for Corpay, Inc. (CPAY)?
- The 5Y average quick ratio (acid-test) for CPAY stock is 1.01.
- What is the 10Y average quick ratio (acid-test) for Corpay, Inc. (CPAY)?
- The 10Y average quick ratio (acid-test) for CPAY stock is 0.95.
Corpay, Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.98 |
| 2024-12-31 | 1.00 |
| 2023-12-31 | 1.04 |
| 2022-12-31 | 1.01 |
| 2021-12-31 | 1.04 |
| 2020-12-31 | 1.00 |
| 2019-12-31 | 1.03 |
| 2018-12-31 | 0.86 |
| 2017-12-31 | 0.87 |
| 2016-12-31 | 0.77 |
| 2015-12-31 | 0.87 |
| 2014-12-31 | 0.74 |
| 2013-12-31 | 0.71 |
Related Metrics
About Corpay, Inc.
Corpay, Inc. operates as a global financial technology firm, delivering payment solutions that assist both businesses and individual consumers in efficiently managing a diverse range of expenditures. Its expertise primarily covers vehicle-related costs, corporate financial transactions, and lodging expenses, with operations spanning the United States, Brazil, the United Kingdom, and numerous other international markets. Among its specialized services are comprehensive vehicle payment offerings, which include provisions for fuel, road tolls, parking fees, fleet maintenance, and long-distance transportation. The company also supplies prepaid vouchers and cards for food and transit requirements. For its corporate clientele, Corpay furnishes sophisticated payment instruments such as automated accounts payable systems, virtual payment cards, solutions for international transactions, and dedicated purchasing alongside travel and entertainment card products. Its lodging payment services cater to a broad spectrum of needs, supporting employees on overnight business trips, airline and cruise personnel or stranded passengers, and insurance policyholders displaced from their residences due due to damage or catastrophe. Furthermore, Corpay issues gift cards and payroll cards. Its diverse customer base extends to businesses, merchants, individual consumers, and payment network partners. Established in 1986 and based in Atlanta, Georgia, the company was previously known as FLEETCOR Technologies, Inc., before officially adopting the name Corpay, Inc. in March 2024.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Ronald F. Clarke