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| Date | Value |
|---|---|
| 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% |