Is it safe?
Can CPAY take a bad year?
Corpay carries $9.97B of net debt at 3.81× EBITDA: a load its earnings can carry.
$9.97B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.81×
Net debt / EBITDA · 3.72× a year ago · the load is going up
- Interest cover
- 5.25×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 36%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ1 2026
- $12.5B
- Cash and short-term investments
- $2.54B
- Net debt
- $9.97B
- EBITDA, trailing twelve months
- $2.62B
- Operating profit, trailing twelve months
- $2.20B
- Debt / equity
- 3.56×
- Total debt / EBITDA
- 4.77×
- Annualised volatilitytwo years of daily moves
- 36%
- Worst drawdown on file
- −50%
- Below its 52-week high
- −4.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Infrastructure
Ranks #44 of 78 by Smart Score