Corpay annual net debt
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Corpay Net Debt Growth & History (CPAY)
Corpay's net debt was $7.71B for fiscal 2025.
View full Corpay company overviewCorpay annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7.71B | $1.18B | +18.01% |
| 2024 | 2024-12-31 | $6.53B | $1.10B | +20.23% |
| 2023 | 2023-12-31 | $5.43B | −$278.5M | −4.88% |
| 2022 | 2022-12-31 | $5.71B | $1.15B | +25.30% |
| 2021 | 2021-12-31 | $4.56B | $4.19B | +1154.93% |
| 2020 | 2020-12-31 | $363.2M | −$210.7M | −36.71% |
| 2019 | 2019-12-31 | $573.9M | −$465.6M | −44.79% |
| 2018 | 2018-12-31 | $1.04B | $336.6M | +47.88% |
| 2017 | 2017-12-31 | $702.9M | −$158.6M | −18.41% |
| 2016 | 2016-12-31 | $861.5M | $433.5M | +101.31% |
| 2015 | 2015-12-31 | $427.9M | −$519.7M | −54.84% |
| 2014 | 2014-12-31 | $947.7M | −$200.6M | −17.47% |
| 2013 | 2013-12-31 | $1.15B | $506.8M | +79.01% |
| 2012 | 2012-12-31 | $641.4M | $222.3M | +53.05% |
| 2011 | 2011-12-31 | $419.1M | $64.5M | +18.19% |
| 2010 | 2010-12-31 | $354.6M | — | — |
Corpay quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $7.46B | $1.54B | +25.91% |
| Q1 2026 | 2026-03-31 | $7.82B | $1.21B | +18.25% |
| Q4 2025 | 2025-12-31 | $7.71B | $1.18B | +18.01% |
| Q3 2025 | 2025-09-30 | $6.12B | $4.93B | +415.07% |
| Q2 2025 | 2025-06-30 | $5.92B | $4.77B | +411.57% |
| Q1 2025 | 2025-03-31 | $6.62B | $6.03B | +1022.43% |
| Q4 2024 | 2024-12-31 | $6.53B | $1.10B | +20.23% |
| Q3 2024 | 2024-09-30 | $1.19B | −$63.9M | −5.10% |
| Q2 2024 | 2024-06-30 | $1.16B | $341.2M | +41.76% |
| Q1 2024 | 2024-03-31 | $589.5M | −$235.1M | −28.51% |
| Q4 2023 | 2023-12-31 | $5.43B | −$278.5M | −4.88% |
| Q3 2023 | 2023-09-30 | $1.25B | $93.0M | +8.03% |
| Q2 2023 | 2023-06-30 | $817.0M | $131.9M | +19.26% |
| Q1 2023 | 2023-03-31 | $824.6M | $195.9M | +31.15% |
| Q4 2022 | 2022-12-31 | $5.71B | $1.15B | +25.30% |
| Q3 2022 | 2022-09-30 | $1.16B | $528.1M | +83.78% |
| Q2 2022 | 2022-06-30 | $685.0M | $640.2M | +1426.64% |
| Q1 2022 | 2022-03-31 | $628.8M | $222.9M | +54.93% |
| Q4 2021 | 2021-12-31 | $4.56B | $4.19B | +1154.93% |
| Q3 2021 | 2021-09-30 | $630.4M | $85.5M | +15.69% |
| Q2 2021 | 2021-06-30 | $44.9M | −$434.5M | −90.64% |
| Q1 2021 | 2021-03-31 | $405.8M | −$533.5M | −56.80% |
| Q4 2020 | 2020-12-31 | $363.2M | −$210.7M | −36.71% |
| Q3 2020 | 2020-09-30 | $544.9M | $343.5M | +170.57% |
| Q2 2020 | 2020-06-30 | $479.4M | −$370.7M | −43.61% |
| Q1 2020 | 2020-03-31 | $939.4M | $110.6M | +13.35% |
| Q4 2019 | 2019-12-31 | $573.9M | −$465.6M | −44.79% |
| Q3 2019 | 2019-09-30 | $201.4M | −$573.7M | −74.02% |
| Q2 2019 | 2019-06-30 | $850.1M | −$145.9M | −14.65% |
| Q1 2019 | 2019-03-31 | $828.8M | $186.4M | +29.02% |
| Q4 2018 | 2018-12-31 | $1.04B | $336.6M | +47.88% |
| Q3 2018 | 2018-09-30 | $775.1M | $7.4M | +0.96% |
| Q2 2018 | 2018-06-30 | $996.0M | $117.2M | +13.33% |
| Q1 2018 | 2018-03-31 | $642.3M | −$218.8M | −25.41% |
| Q4 2017 | 2017-12-31 | $702.9M | −$158.6M | −18.41% |
| Q3 2017 | 2017-09-30 | $767.8M | −$210.6M | −21.52% |
| Q2 2017 | 2017-06-30 | $878.9M | $547.8M | +165.46% |
| Q1 2017 | 2017-03-31 | $861.1M | $518.3M | +151.20% |
| Q4 2016 | 2016-12-31 | $861.5M | $433.5M | +101.31% |
| Q3 2016 | 2016-09-30 | $978.3M | $399.1M | +68.90% |
| Q2 2016 | 2016-06-30 | $331.1M | −$531.1M | −61.60% |
| Q1 2016 | 2016-03-31 | $342.8M | −$613.9M | −64.17% |
| Q4 2015 | 2015-12-31 | $427.9M | −$519.7M | −54.84% |
| Q3 2015 | 2015-09-30 | $579.2M | −$36.6M | −5.94% |
| Q2 2015 | 2015-06-30 | $862.2M | $138.7M | +19.16% |
| Q1 2015 | 2015-03-31 | $956.7M | −$146.2M | −13.26% |
| Q4 2014 | 2014-12-31 | $947.7M | −$200.6M | −17.47% |
| Q3 2014 | 2014-09-30 | $615.8M | −$172.4M | −21.88% |
| Q2 2014 | 2014-06-30 | $723.5M | −$17.7M | −2.38% |
| Q1 2014 | 2014-03-31 | $1.10B | $328.2M | +42.36% |
| Q4 2013 | 2013-12-31 | $1.15B | $506.8M | +79.01% |
| Q3 2013 | 2013-09-30 | $788.3M | $225.8M | +40.15% |
| Q2 2013 | 2013-06-30 | $741.2M | $255.9M | +52.74% |
| Q1 2013 | 2013-03-31 | $774.8M | $266.6M | +52.47% |
| Q4 2012 | 2012-12-31 | $641.4M | $222.3M | +53.05% |
| Q3 2012 | 2012-09-30 | $562.4M | — | — |
| Q2 2012 | 2012-06-30 | $485.2M | — | — |
| Q1 2012 | 2012-03-31 | $508.1M | — | — |
| Q4 2011 | 2011-12-31 | $419.1M | $64.5M | +18.19% |
| Q4 2010 | 2010-12-31 | $354.6M | — | — |
Corpay net debt trends
Over the last five fiscal years, Corpay's net debt increased from $363.2M to $7.71B, a change of $7.34B. The latest reported quarter, Q2 2026, shows $7.46B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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