Corpay, Inc. (CPAY)

Corpay Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,070	1,004	981.89	954.33	839.5
Depreciation & Amortization	393.3	350.91	335.38	319.21	284.2
Other Amortization	21.07	7.99	7.25	7.75	6.83
Loss (Gain) From Sale of Assets	-42.26	-121.31	-13.71	-	-
Asset Writedown & Restructuring Costs	-	90	-	-	-
Stock-Based Compensation	102.64	116.72	116.09	121.42	80.07
Provision & Write-off of Bad Debts	122.64	103.13	125.15	131.1	37.92
Other Operating Activities	-4.89	-58.48	-44.82	-26.5	26.43
Change in Accounts Receivable	-	-176.93	-210.26	-598.67	-731.14
Change in Accounts Payable	-	663.22	713.98	-83.95	480.51
Change in Other Net Operating Assets	-162.42	-38.44	90.19	-69.87	172.75
Operating Cash Flow	1,500	1,941	2,101	754.8	1,197
Operating Cash Flow Growth	-22.71%	-7.64%	178.37%	-36.95%	-18.71%
Capital Expenditures	-200.76	-175.18	-153.82	-151.43	-111.53
Cash Acquisitions	1,934	-821.92	-428.33	-216.92	-602.12
Divestitures	58.21	185.51	197.03	-	-
Investment in Securities	-578.45	-	-	-	-
Other Investing Activities	14.57	4.12	4.4	-	-2.28
Investing Cash Flow	1,227	-807.48	-380.72	-368.35	-715.93
Short-Term Debt Issued	0.69	16	155.57	169.19	418
Long-Term Debt Issued	14,284	10,814	8,735	10,236	3,810
Total Debt Issued	14,285	10,830	8,891	10,405	4,228
Short-Term Debt Repaid	-	-140.71	-	-	-51.05
Long-Term Debt Repaid	-12,268	-9,418	-9,213	-9,350	-2,486
Total Debt Repaid	-12,268	-9,559	-9,213	-9,350	-2,537
Net Debt Issued (Repaid)	2,017	1,271	-322.43	1,055	1,691
Issuance of Common Stock	67.77	428.22	113.74	49.4	48.78
Repurchase of Common Stock	-782.82	-1,288	-686.86	-1,405	-1,356
Other Financing Activities	260.25	-6.47	-2.66	-10.63	-39.73
Financing Cash Flow	1,562	404.99	-898.21	-311.23	343.93
Foreign Exchange Rate Adjustments	246.58	-223.27	30.16	-36.74	-50.98
Net Cash Flow	4,536	1,315	852.36	38.49	774.08
Free Cash Flow	1,299	1,765	1,947	603.37	1,086
Free Cash Flow Growth	-26.41%	-9.34%	222.74%	-44.42%	-22.14%
Free Cash Flow Margin	28.69%	44.42%	51.82%	17.61%	38.31%
Free Cash Flow Per Share	18.28	24.57	26.18	7.85	12.91
Cash Interest Paid	-	496.1	448.38	229.64	132.5
Cash Income Tax Paid	510.44	374.04	408.34	358.23	229.72
Levered Free Cash Flow	1,949	988.28	1,065	384.93	1,051
Unlevered Free Cash Flow	2,180	1,220	1,275	480.09	1,115
Change in Working Capital	-162.42	447.85	593.9	-752.5	-77.88

Updated Feb 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q