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Corpay (MEX:CPAY) Tax Rate % : 36.49% (As of Dec. 2024)


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What is Corpay Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Corpay's Tax Expense for the three months ended in Dec. 2024 was MXN2,948 Mil. Corpay's Pre-Tax Income for the three months ended in Dec. 2024 was MXN8,078 Mil. Therefore, Corpay's Tax Rate % for the quarter that ended in Dec. 2024 was 36.49%.

Corpay Tax Rate % Historical Data

The historical data trend for Corpay's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Corpay Tax Rate % Chart

Corpay Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.20 24.29 25.19 25.90 27.53

Corpay Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.28 24.73 24.70 22.89 36.49

Corpay Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Corpay's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=7953.968/28887.501
=27.53 %

Corpay's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=2947.62/8078.205
=36.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Corpay Tax Rate % Related Terms

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Corpay Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Corpay Inc (MEX:CPAY) » Definitions » Tax Rate %
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Traded in Other Exchanges
CPAY:USA 07G0:Germany
Address
3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Website
https://www.corpay.com
Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. Its suite of modern payment solutions helps customers manage vehicle-related expenses, lodging expenses, and corporate payments. Its reportable segments are; Vehicle Payments, Corporate Payments, Lodging Payments, and Other. The group's geographic areas are the United States, Brazil, the United Kingdom, and Other.