Corpay debt and dilution21

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$10,623.531M

Cash & equivalents

USD millions

$3,163.539M

Net debt

USD millions

$7,459.992M

Debt / equity

2.96×

Debt / assets

37.64%

Net debt / EBITDA

× · TTM

2.83×

Debt / FCF

× · TTM

6.48×

Interest coverage

× · TTM

5.02×

Current ratio

0.97×

Diluted shares

Million shares

66.33M shares

Basic shares

Million shares

65.54M shares

Share count growth

-7.09%

Share repurchases

USD millions

$326.555M

Quarterly data

Corpay capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	10,623.53	3,163.54	7,459.99	2.96×	37.64%	2.83×	6.48×	5.02×	0.97×	66.33	65.54	-7.09%	326.56
FY 2026 Q1	Mar 31, 2026	10,360.64	2,536.81	7,823.83	2.91×	38.86%	2.99×	7.91×	5.25×	0.98×	68.44	67.54	-3.95%	785.97
FY 2025 Q4	Dec 31, 2025	10,001.69	2,408.1	7,593.59	2.55×	37.87%	3.18×	7.7×	4.94×	0.98×	70.12	69.38	-0.81%	500.24
FY 2025 Q3	Sep 30, 2025	8,122.95	2,005.51	6,117.44	1.97×	41.14%	2.67×	7.1×	4.97×	1.13×	71.13	70.32	1.15%	191.71
FY 2025 Q2	Jun 30, 2025	8,117.7	2,192.85	5,924.85	2.05×	39.72%	2.66×	4.21×	4.78×	1.12×	71.43	70.55	0.63%	32.16
FY 2025 Q1	Mar 31, 2025	8,171.4	1,554.84	6,616.57	2.34×	44.06%	3.04×	6.11×	4.68×	1.1×	71.56	70.32	-2.02%	58.72
FY 2024 Q4	Dec 31, 2024	7,996.08	1,553.64	6,442.44	2.54×	44.53%	3.01×	4.53×	4.67×	1×	71.47	69.95	-2.94%	248.75
FY 2024 Q3	Sep 30, 2024	—	1,303.46	—	—	—	—	—	4.53×	1.05×	70.9	69.52	-4.98%	92.17
FY 2024 Q2	Jun 30, 2024	—	1,357.57	—	—	—	—	—	4.67×	1.02×	71.5	70.11	-5.12%	658.24
FY 2024 Q1	Mar 31, 2024	—	1,311.95	—	—	—	—	—	4.69×	1.07×	73.55	71.77	-2.38%	288.83
FY 2023 Q4	Dec 31, 2023	6,722.91	1,389.65	5,333.26	2.05×	43.44%	2.68×	3.45×	4.75×	1.04×	73.36	72.06	-1.93%	139.95
FY 2023 Q3	Sep 30, 2023	—	1,094.23	—	—	—	—	—	—	1.02×	74.6	73.17	-1.74%	534.94
FY 2023 Q2	Jun 30, 2023	—	1,254.24	—	—	—	—	—	—	1.08×	75	73.89	-3.75%	2.38
FY 2023 Q1	Mar 31, 2023	—	1,272.46	—	—	—	—	—	—	1.03×	74.48	73.52	-5.42%	9.6
FY 2022 Q4	Dec 31, 2022	7,036.89	1,435.16	5,601.73	2.77×	49.95%	3.17×	11.66×	8.79×	1.01×	74.41	73.48	-8.41%	109.56
FY 2022 Q3	Sep 30, 2022	—	1,317.54	—	—	—	—	—	—	0.99×	75.56	74.46	-9.01%	500.34
FY 2022 Q2	Jun 30, 2022	—	1,423.06	—	—	—	—	—	—	1.06×	78.24	76.77	-7.66%	372.57
FY 2022 Q1	Mar 31, 2022	—	1,298.23	—	—	—	—	—	—	1.01×	79.29	77.74	-6.87%	422.74
FY 2021 Q4	Dec 31, 2021	5,977.67	1,520.03	4,457.64	2.09×	44.59%	2.92×	5.51×	—	1.04×	81.98	80.23	-3.93%	533.45
FY 2021 Q3	Sep 30, 2021	—	1,271	—	—	—	—	—	—	0.97×	83.72	81.84	-2.25%	405.69
FY 2021 Q2	Jun 30, 2021	—	1,301.21	—	—	—	—	—	—	1.05×	85.3	83.14	-0.9%	254.54
FY 2021 Q1	Mar 31, 2021	—	958.32	—	—	—	—	—	—	0.99×	85.76	83.48	-1.68%	162.04
FY 2020 Q4	Dec 31, 2020	—	934.9	—	—	—	—	—	—	1×	85.85	83.51	-3.56%	61.5
FY 2020 Q3	Sep 30, 2020	—	788.85	—	—	—	—	—	—	0.95×	86.27	83.72	-3.4%	231.05
FY 2020 Q2	Jun 30, 2020	—	765.79	—	—	—	—	—	—	0.96×	86.57	83.9	-2.85%	27.12
FY 2020 Q1	Mar 31, 2020	—	1,070.68	—	—	—	—	—	—	0.93×	88.21	84.9	-1.21%	530.24
FY 2019 Q4	Dec 31, 2019	—	1,271.49	—	—	—	—	—	—	1.03×	90.43	86.6	-1.18%	635.55
FY 2019 Q3	Sep 30, 2019	—	1,058.76	—	—	—	—	—	—	1.12×	90.52	86.66	-2.03%	55.34
FY 2019 Q2	Jun 30, 2019	—	1,170.34	—	—	—	—	—	—	0.92×	90.13	86.36	-3.15%	0.7
FY 2019 Q1	Mar 31, 2019	—	1,057.47	—	—	—	—	—	—	0.91×	89.24	85.94	-4.26%	3.32
FY 2018 Q4	Dec 31, 2018	—	1,031.15	—	—	—	—	—	—	0.86×	90.7	87.64	-2.27%	578.05
FY 2018 Q3	Sep 30, 2018	—	924.44	—	—	—	—	—	—	0.92×	92.08	88.46	-2.53%	0
FY 2018 Q2	Jun 30, 2018	—	919.66	—	—	—	—	—	—	0.88×	92.7	89.17	-3.09%	292.36
FY 2018 Q1	Mar 31, 2018	—	979.57	—	—	—	—	—	—	0.91×	93.25	89.77	-2.54%	88.29
FY 2017 Q4	Dec 31, 2017	—	913.6	—	—	—	—	—	—	0.87×	92.62	89.68	-3.13%	0
FY 2017 Q3	Sep 30, 2017	—	834.76	—	—	—	—	—	—	0.84×	93	90.75	-2.03%	350
FY 2017 Q2	Jun 30, 2017	—	564.58	—	—	—	—	—	—	0.84×	94.22	92.01	-0.7%	52.39
FY 2017 Q1	Mar 31, 2017	—	546.56	—	—	—	—	—	—	0.82×	94.56	92.11	-0.44%	0
FY 2016 Q4	Dec 31, 2016	—	475.02	—	—	—	—	—	—	0.77×	95.24	92.57	0.27%	152.19
FY 2016 Q3	Sep 30, 2016	—	405.44	—	—	—	—	—	—	0.78×	95.31	92.63	0.57%	9.46
FY 2016 Q2	Jun 30, 2016	—	493.09	—	—	—	—	—	—	0.97×	94.55	92.67	0.83%	26
FY 2016 Q1	Mar 31, 2016	—	399.32	—	—	—	—	—	—	0.92×	94.33	92.52	0.83%	—
FY 2015 Q4	Dec 31, 2015	—	447.15	—	—	—	—	—	—	0.87×	94.35	92.32	5.06%	0
FY 2015 Q3	Sep 30, 2015	—	422.39	—	—	—	—	—	—	0.83×	94.16	92.11	10.16%	0
FY 2015 Q2	Jun 30, 2015	—	384.18	—	—	—	—	—	—	0.81×	94.05	91.9	10.73%	—
FY 2015 Q1	Mar 31, 2015	—	379.39	—	—	—	—	—	—	0.77×	93.93	91.75	10.89%	—
FY 2014 Q4	Dec 31, 2014	—	477.07	—	—	—	—	—	—	0.74×	90.24	87.88	6.66%	—
FY 2014 Q3	Sep 30, 2014	—	304.11	—	—	—	—	—	—	0.78×	86.13	83.61	2%	—
FY 2014 Q2	Jun 30, 2014	—	297.64	—	—	—	—	—	—	0.75×	85.82	83	1.74%	—
FY 2014 Q1	Mar 31, 2014	1,386.28	283.37	1,102.91	1.01×	34.34%	2.11×	—	—	0.77×	85.7	82.74	1.87%	—
FY 2013 Q4	Dec 31, 2013	1,486.38	338.11	1,148.27	1.19×	37.8%	2.33×	4.19×	—	0.71×	85.28	82.39	98,712.64%	—
FY 2013 Q3	Sep 30, 2013	1,133.97	345.69	788.28	0.97×	32.63%	1.67×	3.92×	28.41×	0.93×	84.91	81.97	-2.41%	—
FY 2013 Q2	Jun 30, 2013	1,034.09	292.91	741.18	0.98×	34.32%	1.68×	4.42×	27.63×	1.08×	84.46	81.57	-2.07%	—
FY 2013 Q1	Mar 31, 2013	999.36	224.61	774.75	1.02×	34.58%	1.89×	4.64×	27.49×	1.06×	83.96	81.22	98,273.4%	—
FY 2012 Q4	Dec 31, 2012	945.39	283.65	661.74	1.03×	34.73%	1.76×	8.13×	24.96×	1.05×	0.09	0.08	—	—
FY 2012 Q3	Sep 30, 2012	862.5	300.06	562.44	0.83×	30.35%	—	—	—	0.97×	86.22	84	—	—
FY 2012 Q2	Jun 30, 2012	740.82	255.58	485.24	0.79×	29.58%	—	—	—	1.06×	85.74	83.29	—	—
FY 2012 Q1	Mar 31, 2012	795.24	287.12	508.12	0.9×	31.05%	—	—	—	1.03×	0.09	0.08	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · CPAY, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.

SEC company facts · CIK 1175454