Corpay (CPAY) Tax Rate (2010 - 2026)

Corpay (CPAY) posted Tax Rate of 29.96% for Q1 2026, down 10.55% quarter-over-quarter from 33.49% in Q4 2025, and up 442.0% year-on-year from 5.53% in Q1 2025.

Corpay (CPAY) Tax Rate (2010 - 2026) Analysis & Trends

Corpay (CPAY) has reported Tax Rate for 17 consecutive years, with 29.96% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 29.96%, up 442.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.26% (up 358.0% YoY), and the FY2025 annual result was 30.47%, up 293.0% from the prior year.
  • Tax Rate was 29.96% for Q1 2026 at Corpay, down from 33.49% in the prior quarter.
  • Over five years, Tax Rate peaked at 36.49% in Q4 2024 and troughed at 22.89% in Q3 2024.
  • Average Tax Rate over 5 years is 27.29%, with a median of 26.6% recorded 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 decreased by 4 bps to 23.28% in 2023, then surged by 57 bps to 36.49% in 2024, then declined by 8 bps to 33.49% in 2025, then declined by 11 bps to 29.96% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 29.96% in Q1 2026, 33.49% in Q4 2025, and 33.99% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.22%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 19.84%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 1.37%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 21.31%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -6.22%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 18.58%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -7.01%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 18.14%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 21.40%
10 Corpay 23.03 Bn 17.06 Bn 1.11 Bn 29.96%

Historic Data

Download Data
DateValue
Mar 31, 2026 29.96%
Mar 31, 2026 29.96%
Dec 31, 2025 33.49%
Dec 31, 2025 33.49%
Sep 30, 2025 33.99%
Sep 30, 2025 33.99%
Jun 30, 2025 27.73%
Jun 30, 2025 27.73%
Mar 31, 2025 25.54%
Mar 31, 2025 25.54%
Dec 31, 2024 36.49%
Dec 31, 2024 36.49%
Sep 30, 2024 22.89%
Sep 30, 2024 22.89%
Jun 30, 2024 24.70%
Jun 30, 2024 24.70%
Mar 31, 2024 24.73%
Mar 31, 2024 24.73%
Dec 31, 2023 23.28%
Dec 31, 2023 23.28%