Cango (CANG) Tax Rate (2021 - 2024)
Cango's Tax Rate was 0.52% in Q2 2026, down 17.78 percentage points from 18.30% a year earlier.
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Analysis
Cango (CANG) Tax Rate (2021 - 2024) Analysis & Trends
On a trailing twelve-month basis, Cango's Tax Rate was 7.03% through Jun 30, 2026, down 9.07 percentage points year-over-year; for FY2025, it was 0.19%, up 4.05 percentage points from FY2024.
- Tax Rate shows a five-year change of +10.07 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -3.86% in FY2024 (+449.10 pp), -452.96% in FY2023 (-480.02 pp), 27.07% in FY2022 (+27.24 pp) and -0.17% in FY2021 (+9.71 pp).
- Quarterly Tax Rate has moved between -23.19% (Q3 2022) and 8289.46% (Q4 2023) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last seven quarters, with an average year-over-year change of -1187.02 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2023 (a gain of 8092.03 percentage points); the worst was Q4 2024 (a drop of 8290.43 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | - |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | 15.73% |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | 26.96% |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 30.70% |
| 10 | Cango | 84.92 Mn | -128,618.41 Bn | 86,491.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 41.70% |
| Jun 30, 2024 | 9.76% |
| Jun 30, 2023 | 67.19% |
| Mar 31, 2023 | 4.47% |
| Dec 31, 2021 | 10.60% |
API Access
Cango Tax Rate 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=tax-rate&ticker=CANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();