Corpay (CPAY) Debt Ratio (2010 - 2026)
Corpay's Debt Ratio came in at 0.38 for Q2 2026, down 5.2% from 0.40 a year earlier and down 3.1% from the prior quarter.
Analysis
Corpay (CPAY) Debt Ratio (2010 - 2026) Analysis & Trends
Going back to Q4 2010, Corpay's Debt Ratio data covers 62 quarters.
- Going back by year, Debt Ratio was 0.45 in FY2024 (+2.5%), 0.43 in FY2023 (-13.0%), 0.50 in FY2022 (+12.0%) and 0.45 in FY2021 (+16.0%).
- The Q2 2026 figure represents the lowest quarterly Debt Ratio since Q3 2019.
- Year-over-year, Debt Ratio has declined for five consecutive quarters, with an average decline of 5.8% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q2 2022 (growth of 19.9%), and the weakest in Q4 2025 (a decline of 14.9%).
- Business Quant data shows CPAY's Debt Ratio at 0.39 (Q1 2026), 0.38 (Q4 2025) and 0.41 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 0.18 |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 0.17 |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 0.24 |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | 0.37 |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 0.40 |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 0.38 |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 0.26 |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 0.01 |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 0.05 |
| 10 | Bitmine Immersion Technologies | 10.38 Bn | 7.76 Bn | 40.81 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.40 |
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.38 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.43 |
| Dec 31, 2023 | 0.43 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.50 |
| Sep 30, 2022 | 0.50 |
| Jun 30, 2022 | 0.47 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.45 |
API Access
Corpay Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=CPAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "CPAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=CPAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();