Capital One Financial (COF) Tax Rate (2009 - 2026)
Capital One Financial (COF) posted quarterly Tax Rate of 20.9% for Q2 2026, down 720.0% year-over-year from 3.37% in Q2 2025, and up 8.9% quarter-over-quarter from 19.19% in Q1 2026.
Analysis
Capital One Financial (COF) Tax Rate (2009 - 2026) Analysis & Trends
Capital One Financial (COF) has reported Tax Rate for 18 consecutive years, with 20.9% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 720.0% year-over-year to 20.9%; the TTM figure through Jun 2026 stood at 21.93% (down 8018.0% YoY), while the FY2025 annual figure was 8.46%, down 1122.0% from the prior year.
- Tax Rate climbed to 20.9% in Q2 2026 per COF's latest filing, from 19.19% in the prior quarter.
- Across five years, Tax Rate topped out at 28.1% in Q2 2025 and bottomed at 8.29% in Q2 2024.
- Historically, Tax Rate has averaged 20.18% across 5 years, with a median of 19.66% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate plunged 889 bps — and 2025, when it jumped 1980 bps.
- Capital One Financial's Tax Rate stood at 20.21% in 2022, then climbed by 20 bps to 24.25% in 2023, then grew by 3 bps to 25.09% in 2024, then plunged by 34 bps to 16.44% in 2025, then advanced by 27 bps to 20.9% in 2026.
- Business Quant data shows COF's Tax Rate at 20.9% in Q2 2026, 19.19% in Q1 2026, and 16.44% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 17.64% |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 20.01% |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 23.61% |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 20.90% |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 15.73% |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | -856.07% |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 25.38% |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 23.36% |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 23.65% |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 26.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.90 |
| Jun 30, 2026 | 20.90 |
| Jun 30, 2026 | 20.90 |
| Mar 31, 2026 | 19.19 |
| Mar 31, 2026 | 19.19 |
| Mar 31, 2026 | 19.19 |
| Dec 31, 2025 | 16.44 |
| Dec 31, 2025 | 16.44 |
| Dec 31, 2025 | 16.44 |
| Sep 30, 2025 | 27.13 |
| Sep 30, 2025 | 27.13 |
| Sep 30, 2025 | 27.13 |
| Jun 30, 2025 | 28.10 |
| Jun 30, 2025 | 28.10 |
| Jun 30, 2025 | 28.10 |
| Mar 31, 2025 | 18.80 |
| Mar 31, 2025 | 18.80 |
| Mar 31, 2025 | 18.80 |
| Dec 31, 2024 | 25.09 |
| Dec 31, 2024 | 25.09 |