Corpay (CPAY) Tax Rate (2010 - 2026)

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

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

Corpay has reported Tax Rate for 17 years, with the latest figure at 29.96% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 442.0% year-over-year to 29.96%; the trailing twelve-month figure through Mar 2026 stood at 31.26% (up 358.0% YoY), and the FY2025 full-year result was 30.47%, up 293.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 29.96%, down from 33.49% in the prior quarter.
  • The five-year high for Tax Rate was 36.49% in Q4 2024, with the low at 22.89% in Q3 2024.
  • Historically, Tax Rate has averaged 27.29% across 5 years, with a median of 26.6% in 2023.
  • The largest YoY upside for Tax Rate was 1321 bps in 2024 against a maximum downside of 375 bps in 2024.
  • Corpay's Tax Rate stood at 24.25% in 2022, then declined by 4 bps to 23.28% in 2023, then surged by 57 bps to 36.49% in 2024, then decreased by 8 bps to 33.49% in 2025, then decreased by 11 bps to 29.96% in 2026.
  • The last three Tax Rate figures came in at 29.96% (Q1 2026), 33.49% (Q4 2025), and 33.99% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 19.22%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 23.68%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 15.74%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 1.37%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 21.31%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn -6.22%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 18.58%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 18.14%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -7.01%
10 Corpay 24.14 Bn 18.16 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%