CPAY (Corpay) Interest Expense : $-388 Mil (TTM As of Mar. 2025)

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What is Corpay Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Corpay's interest expense for the three months ended in Mar. 2025 was $ -94 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-388 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Corpay's Operating Income for the three months ended in Mar. 2025 was $ 427 Mil. Corpay's Interest Expense for the three months ended in Mar. 2025 was $ -94 Mil. Corpay's Interest Coverage for the quarter that ended in Mar. 2025 was 4.55. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Corpay Interest Expense Historical Data

The historical data trend for Corpay's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Corpay Interest Expense Chart

Corpay Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-129.80

-113.71

-164.66

-348.61

-383.04

Corpay Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-89.09	-94.68	-104.44	-94.84	-93.92

Corpay Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-388 Mil.

Corpay (NYSE:CPAY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Corpay's Interest Expense for the three months ended in Mar. 2025 was $-94 Mil. Its Operating Income for the three months ended in Mar. 2025 was $427 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $5,916 Mil.

Corpay's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	427.124	/	-93.922
	=	4.55

The higher the ratio, the stronger the company's financial strength is.

Corpay Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Corpay Inc (NYSE:CPAY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

07G0:Germany

Address

3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305

Website

https://www.corpay.com

Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. Its suite of modern payment solutions helps customers manage vehicle-related expenses, lodging expenses, and corporate payments. Its reportable segments are; Vehicle Payments, Corporate Payments, Lodging Payments, and Other. The group's geographic areas are the United States, Brazil, the United Kingdom, and Other.

Executives

Richard Macchia	director	C/O INTERNET SECURITY SYSTEMS INC, 6303 BARFIELD RD, ATLANTA GA 30328
Alan King	officer: President UK and Aust/NewZea	5445 TRIANGLE PARKWAY, NORCROSS GA 30092
Alissa B Vickery	officer: Chief Accounting Officer	3280 PEACHTREE ROAD, SUITE 2400, ATLANTA GA 30305
Armando Lins Netto	officer: CEO Brazil	5455 TRIANGLE PARKWAY, NORCROSS GA 30092
Joseph W Farrelly	director	5445 TRIANGLE PARKWAY, NORCROSS GA 30092
Ronald Clarke	director, officer: CEO & President	5445 TRIANGLE PARKWAY, NORCROSS GA 30092
Gerald C Throop	director	C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Thomas E Panther	officer: Chief Financial Officer	10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Rahul Gupta	director	255 FISERV DRIVE, BROOKFIELD WI 53045
Annabelle G Bexiga	director	1075 JORDAN CREEK PARKWAY, SUITE 300, WEST DES MOINES IA 50266
Eric Dey	officer: CFO & Secretary	655 ENGINEERING DRIVE, SUITE 300, NORCROSS GA 30092
Jones Archie L Jr.	director	3280 PEACHTREE ROAD, ATLANTA GA 30305
Alexey Gavrilenya	officer: President East/Central Europe	5445 TRIANGLE PARKWAY, NORCROSS GA 30092
David J Krantz	officer: Group President, NA Fuel	5445 TRIANGLE PARKWAY, SUITE 400, PEACHTREE CORNERS 2Q 30092
Hala G Moddelmog	director