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Corpay, Inc. (CPAY)
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Corpay, Inc. (CPAY) Debt to Equity Ratio: 2.60

Is Corpay, Inc.’s debt to equity ratio high or low?

Corpay, Inc.'s debt to equity ratio of 2.60 is 17% above its 5-year average of 2.23, near the high end of its 5-year range (1.28–2.77).

As of Sunday, June 21, 2026. 0.78% above its 12-month average of 2.58.

CPAY Debt to Equity Ratio Chart

CPAY Debt to Equity Ratio
2.60+1.56% 1Y
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CPAY Average Debt to Equity Ratio Chart

CPAY Current vs Average Debt to Equity Ratio Chart

CPAY Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

2.60

DEBT TO EQUITY RATIO AVG TTM

2.58

DEBT TO EQUITY RATIO AVG 3Y

2.50

DEBT TO EQUITY RATIO AVG 5Y

2.23

DEBT TO EQUITY RATIO AVG 10Y

1.79

DEBT TO EQUITY RATIO AVG 15Y

N/A

DEBT TO EQUITY RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+0.78%

CURRENT VS 3Y AVG

+4.21%

CURRENT VS 5Y AVG

+16.85%

CURRENT VS 10Y AVG

+45.40%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

CPAY Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Corpay, Inc. (CPAY)$22.57B2.602.582.502.23
Verisk Analytics, Inc. (VRSK)vs ›$22.77B16.3024.3715.2510.59
F5, Inc. (FFIV)vs ›$21.75B0.140.150.220.30
Atlassian Corporation (TEAM)vs ›$21.73B0.921.062.032.03
HP Inc. (HPQ)vs ›$21.49B-31.450.530.790.75
VeriSign, Inc. (VRSN)vs ›$24.08B-0.830.956.904.62
Cognizant Technology Solutions Corporation (CTSH)vs ›$20.71B0.100.100.110.12
Fabrinet (FN)vs ›$20.56B0.000.000.000.01
Zscaler, Inc. (ZS)vs ›$20.19B1.000.981.361.53
Zoom Communications, Inc. (ZM)vs ›$25.32B0.010.010.010.02

Financial Health

Debt/Equity

2.60

Current Ratio

0.98

Corpay, Inc. Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Corpay, Inc. Debt to Equity Ratio FAQ

What is the debt to equity ratio for Corpay, Inc. (CPAY)?
The debt to equity ratio for CPAY stock is 2.60.
Is Corpay, Inc.'s debt to equity ratio high or low?
Corpay, Inc.'s debt to equity ratio of 2.60 is 17% above its 5-year average of 2.23, near the high end of its 5-year range (1.28–2.77).
What is the TTM average debt to equity ratio for Corpay, Inc. (CPAY)?
The TTM average debt to equity ratio for CPAY stock is 2.58.
What is the 3Y average debt to equity ratio for Corpay, Inc. (CPAY)?
The 3Y average debt to equity ratio for CPAY stock is 2.50.
What is the 5Y average debt to equity ratio for Corpay, Inc. (CPAY)?
The 5Y average debt to equity ratio for CPAY stock is 2.23.
What is the 10Y average debt to equity ratio for Corpay, Inc. (CPAY)?
The 10Y average debt to equity ratio for CPAY stock is 1.79.

Corpay, Inc. Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2025-12-312.60
2024-12-312.56
2023-12-312.05
2022-12-312.77
2021-12-312.09
2020-12-311.28
2019-12-311.36
2018-12-311.44
2017-12-311.23
2016-12-311.25
2015-12-311.04
2014-12-311.37
2013-12-311.19

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.

Atlanta, GA
11,200 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Ronald F. Clarke