Coupang (MEX:CPNG) Tax Rate %: -4.31% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:CPNG Coupang Inc MEX:CPNG
72 GF Score
Price MXN280.79
GF Value MXN502.28
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Coupang Tax Rate %?

Coupang MEX:CPNG +5.56% 72 Tax Rate % is -4.31% as of Mar. 2026. GuruFocus rates MEX:CPNG with a GF Score™ of 72/100 and a GF Value™ of MXN502.28 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coupang's Tax Expense for the three months ended in Mar. 2026 was MXN198 Mil. Coupang's Pre-Tax Income for the three months ended in Mar. 2026 was MXN-4,598 Mil. Therefore, Coupang's Tax Rate % for the quarter that ended in Mar. 2026 was -4.31%.

Coupang Tax Rate % Related Terms

Coupang Tax Rate % Historical Data

* Premium members only.

The historical data trend for Coupang'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.

Coupang Tax Rate % Chart

Coupang Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial -0.06 1.08 -132.88 86.05 64.15

Coupang Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 47.22 84.02 42.42 218.18 -4.31
MEX:CPNG
72GF Score
Coupang Inc MEX:CPNG
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coupang Tax Rate % Calculation

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

Coupang's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=6896.183/10749.403
=64.15 %

Coupang's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=198.36/-4598.339
=-4.31 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -4.31% mean?
Coupang (MEX:CPNG) has a Tax Rate % of -4.31% as of Mar. 2026.
Is Coupang's Tax Rate % too high?
Coupang's current Tax Rate % is -4.31%. Overall, Coupang has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coupang's Tax Rate % compare to JD and W?
Coupang's Tax Rate % of -4.31% can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Retail - Cyclical company?
A good Tax Rate % depends on the Retail - Cyclical industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Coupang's current Tax Rate % is -4.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coupang stock overvalued right now?
Based on GuruFocus' analysis, Coupang (MEX:CPNG) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN502.28, compared to a current price of MXN280.79 — trading 44.1% below its estimated fair value. The current Tax Rate % is -4.31%. Coupang's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Coupang (MEX:CPNG), the current Tax Rate % is -4.31% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Coupang (MEX:CPNG) Overvalued in 2026?

Based on GuruFocus' analysis, Coupang stock appears to be undervalued. The current stock price of MXN280.79 is trading 44.1% below its estimated GF Value™ of MXN502.28. GuruFocus considers Coupang to be Significantly Undervalued.

Key valuation signals for MEX:CPNG:

  • Tax Rate %: -4.31%
  • GF Value™: MXN502.28 vs. price of MXN280.79 (44.1% below fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the MEX:CPNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Coupang Business Description

Address 720 Olive Way, Suite 600, Seattle, WA, USA, 98101
Coupang is South Korea's largest e-commerce platform that sells both owned and third-party inventory. Headquartered in the US, Coupang operates e-commerce businesses mainly in South Korea and Taiwan. The company has built an integrated logistics network that covers the entirety of South Korea, with extensive fulfillment centers that ensure timely delivery, even for orders placed seconds before midnight. Outside of its bread-and-butter e-commerce business, Coupang has expanded into Rocket delivery services to third-party merchants (fulfillment and logistics by Coupang), online grocery delivery Rocket Fresh, online meal delivery (Eats), e-commerce in Taiwan, luxury e-commerce (Farfetch), and travel.
72GF Score

Get the complete analysis for MEX:CPNG

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN280.79
Price
MXN502.28
GF Value