Corpay (CPAY) Tax Rate (2010 - 2026)
Corpay (CPAY) recorded Tax Rate of 26.96% in Q2 2026, down 0.77 percentage points from 27.73% a year earlier and down 3.00 percentage points from the prior quarter.
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Analysis
Corpay (CPAY) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Corpay's Tax Rate came in at 31.20% as of Jun 30, 2026, up 2.83 percentage points year-over-year; for FY2025, it came in at 30.47%, up 2.93 percentage points from FY2024.
- Annual Tax Rate has increased for six straight years, with a five-year change of +10.26 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 27.53% in FY2024 (+1.64 pp), 25.90% in FY2023 (+0.71 pp), 25.19% in FY2022 (+0.90 pp) and 24.29% in FY2021 (+4.08 pp).
- The Q2 2026 figure is the lowest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +3.13 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 13.21 percentage points in Q4 2024, against a drop of 3.75 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 29.96% (Q1 2026), 33.49% (Q4 2025) and 33.99% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 7.90% |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 21.91% |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 12.77% |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | - |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 23.89% |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | - |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 30.70% |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 20.40% |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 0.57% |
| 10 | Bitmine Immersion Technologies | 10.38 Bn | 7.76 Bn | 40.81 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.89% |
| 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% |
API Access
Corpay Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=CPAY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "CPAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=CPAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();