Corpay, Inc.

NYSE:CPAY Stock Report

Market Cap: US$24.5b

Corpay Balance Sheet Health

Financial Health criteria checks 4/6

Corpay has a total shareholder equity of $3.1B and total debt of $7.9B, which brings its debt-to-equity ratio to 253.6%. Its total assets and total liabilities are $17.6B and $14.5B respectively. Corpay's EBIT is $1.7B making its interest coverage ratio 4.5. It has cash and short-term investments of $1.3B.

Key information

253.6%

Debt to equity ratio

US$7.90b

Debt

Interest coverage ratio4.5x
CashUS$1.32b
EquityUS$3.11b
Total liabilitiesUS$14.52b
Total assetsUS$17.64b

Recent financial health updates

No updates

Recent updates

Corpay: Fairly Valued At Best

Dec 05

Earnings Update: Here's Why Analysts Just Lifted Their Corpay, Inc. (NYSE:CPAY) Price Target To US$390

Nov 13
Earnings Update: Here's Why Analysts Just Lifted Their Corpay, Inc. (NYSE:CPAY) Price Target To US$390

Market Participants Recognise Corpay, Inc.'s (NYSE:CPAY) Earnings

Nov 02
Market Participants Recognise Corpay, Inc.'s (NYSE:CPAY) Earnings

Corpay (NYSE:CPAY) Ticks All The Boxes When It Comes To Earnings Growth

Oct 06
Corpay (NYSE:CPAY) Ticks All The Boxes When It Comes To Earnings Growth

Corpay: On The Cusp Of A Watershed Moment

Aug 26

The Price Is Right For Corpay, Inc. (NYSE:CPAY)

Jul 21
The Price Is Right For Corpay, Inc. (NYSE:CPAY)

Here's Why Corpay (NYSE:CPAY) Has Caught The Eye Of Investors

Jun 15
Here's Why Corpay (NYSE:CPAY) Has Caught The Eye Of Investors

High Quality Corpay Drops Almost 20% And Is Now A Bargain

Jun 11

Corpay: Short-Term Concerns And A Predictable Business

May 23

Corpay: Good Growth Company Trading At A Discount

Apr 18

Corpay, Inc. (NYSE:CPAY) Not Lagging Market On Growth Or Pricing

Apr 10
Corpay, Inc. (NYSE:CPAY) Not Lagging Market On Growth Or Pricing

Fleetcor Technologies: Rating Upgrade As Valuation Is Cheap

Feb 17

Fleetcor Technologies: 5 Reasons Why I Am Bullish

Jan 30

FLEETCOR Technologies, Inc.'s (NYSE:FLT) Price In Tune With Earnings

Jan 08
FLEETCOR Technologies, Inc.'s (NYSE:FLT) Price In Tune With Earnings

Fleetcor Technologies: Attractive Prospects But The Stock Remains Expensive

Oct 23

Fleetcor: Weak Fuel Demand And Sales Of Russia Business Poised To Create Headwind

Oct 04

Fleetcor Technologies: High-Quality Business At A Fair Price

Aug 30

Fleetcor Technologies: Reiterate Positive View On Fundamental Outlook

Jun 13

Fleetcor Technologies: Well-Positioned To Deliver Strong Shareholder Value

Feb 23

FleetCor Technologies Non-GAAP EPS of $4.04 beats by $0.11, revenue of $883.61M beats by $9.17M

Feb 08

Fleetcor Technologies: Mixed Year Ahead With Downward Bias

Jan 27

Fleetcor Technologies Faces Macro Slowdown And Higher Debt Service Costs In 2023

Oct 26

FleetCor Technologies to acquire European workforce lodging provider Roomex

Oct 20

FleetCor CFO to step down; firm expects Q3 results to be in line with outlook

Sep 26

FleetCor Technologies announce acquisition, investment in European EV assets

Sep 06

Financial Position Analysis

Short Term Liabilities: CPAY's short term assets ($8.8B) exceed its short term liabilities ($8.3B).

Long Term Liabilities: CPAY's short term assets ($8.8B) exceed its long term liabilities ($6.2B).

Debt to Equity History and Analysis

Debt Level: CPAY's net debt to equity ratio (211.1%) is considered high.

Reducing Debt: CPAY's debt to equity ratio has increased from 114.7% to 253.6% over the past 5 years.

Debt Coverage: CPAY's debt is well covered by operating cash flow (25.4%).

Interest Coverage: CPAY's interest payments on its debt are well covered by EBIT (4.5x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 09:45
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Corpay, Inc. is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David KoningBaird
Ishan MajumdarBaptista Research
Darrin PellerBarclays