Corpay (CPAY) Tax Rate (2010 - 2026)
Corpay's (CPAY) quarterly Tax Rate came in at 26.96% in Q2 2026, down 77.0% on a YoY basis from 117.21% in Q2 2025, and down 10.02% quarter-over-quarter from 29.96% in Q1 2026.
Analysis
Corpay (CPAY) Tax Rate (2010 - 2026) Analysis & Trends
Corpay (CPAY) has reported Tax Rate for 17 consecutive years, with 26.96% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 77.0% year-over-year to 26.96%; the trailing twelve-month figure through Jun 2026 stood at 31.2% (up 283.0% YoY), and the FY2025 full-year result was 30.47%, up 293.0% from the prior year.
- Tax Rate eased to 26.96% in Q2 2026 per CPAY's latest filing, from 29.96% in the prior quarter.
- Across five years, Tax Rate topped out at 36.49% in Q4 2024 and bottomed at 22.89% in Q3 2024.
- Historically, Tax Rate has averaged 27.27% across 5 years, with a median of 26.62% in 2023.
- The widest YoY moves for Tax Rate: up 1321 bps in 2024, down 375 bps in 2024.
- Over 5 years, Tax Rate stood at 24.25% in 2022, then retreated by 4 bps to 23.28% in 2023, then jumped by 57 bps to 36.49% in 2024, then dropped by 8 bps to 33.49% in 2025, then dropped by 20 bps to 26.96% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 26.96%, 29.96%, and 33.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.08 Bn | 41.65 Bn | 3.17 Bn | 71.11% |
| 2 | PayPal Holdings | 46.69 Bn | 35.43 Bn | - | 15.73% |
| 3 | Fiserv | 26.99 Bn | 26.37 Bn | 3.59 Bn | 20.13% |
| 4 | Corpay | 26.78 Bn | 19.78 Bn | 1.19 Bn | 26.96% |
| 5 | Global Payments | 24.15 Bn | 18.74 Bn | 2.03 Bn | -4.72% |
| 6 | Wex | 6.49 Bn | 383.66 Mn | 463.80 Mn | 27.84% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 18.31% |
| 8 | Paymentus Holdings | 4.47 Bn | 4.09 Bn | 94.31 Mn | 28.32% |
| 9 | dLocal | 4.39 Bn | 3.51 Bn | 127.15 Mn | -15.72% |
| 10 | Sezzle | 4.01 Bn | 3.93 Bn | - | 21.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.96% |
| Mar 31, 2026 | 29.96% |
| Dec 31, 2025 | 33.49% |
| Sep 30, 2025 | 33.99% |
| Jun 30, 2025 | 27.73% |
| Mar 31, 2025 | 25.54% |
| Dec 31, 2024 | 36.49% |
| Sep 30, 2024 | 22.89% |
| Jun 30, 2024 | 24.70% |
| Mar 31, 2024 | 24.73% |
| Dec 31, 2023 | 23.28% |
| Sep 30, 2023 | 26.64% |
| Jun 30, 2023 | 26.60% |
| Mar 31, 2023 | 27.14% |
| Dec 31, 2022 | 24.25% |
| Sep 30, 2022 | 26.78% |
| Jun 30, 2022 | 23.71% |
| Mar 31, 2022 | 26.04% |
| Dec 31, 2021 | 25.62% |
| Sep 30, 2021 | 24.05% |