Corpay (CPAY) Tax Rate (2010 - 2026)
Corpay's (CPAY) quarterly Tax Rate came in at 29.96% in Q1 2026, up 442.0% YoY from 5.53% in Q1 2025, and down 10.55% on a QoQ basis from 33.49% in Q4 2025.
Corpay (CPAY) Tax Rate (2010 - 2026) Analysis & Trends
Corpay (CPAY) has 17 years of Tax Rate data on file, last reported at 29.96% in Q1 2026.
- Quarterly Tax Rate rose 442.0% year-over-year to 29.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.26% (up 358.0% YoY) and the FY2025 annual result came in at 30.47%, up 293.0% from the prior year.
- Tax Rate retreated to 29.96% in Q1 2026, from 33.49% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 36.49% in Q4 2024 to a low of 22.89% in Q3 2024.
- A 5-year average of 27.29% and a median of 26.6% in 2023 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 1321 bps in 2024, down 375 bps in 2024.
- Tracing CPAY's Tax Rate over 5 years: 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 | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 24.84% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.42% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -10.34% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 71.11% |
| 10 | Corpay | 26.70 Bn | 19.70 Bn | 1.19 Bn | 26.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.96% |
| Jun 30, 2026 | 26.96% |
| Jun 30, 2026 | 26.96% |
| Mar 31, 2026 | 29.96% |
| Mar 31, 2026 | 29.96% |
| Mar 31, 2026 | 29.96% |
| Dec 31, 2025 | 33.49% |
| Dec 31, 2025 | 33.49% |
| Dec 31, 2025 | 33.49% |
| Sep 30, 2025 | 33.99% |
| Sep 30, 2025 | 33.99% |
| Sep 30, 2025 | 33.99% |
| Jun 30, 2025 | 27.73% |
| Jun 30, 2025 | 27.73% |
| Jun 30, 2025 | 27.73% |
| Mar 31, 2025 | 25.54% |
| Mar 31, 2025 | 25.54% |
| Mar 31, 2025 | 25.54% |
| Dec 31, 2024 | 36.49% |
| Dec 31, 2024 | 36.49% |