Twenty-seven percent of Fortune 1000 companies participated in the tax credit market in 2025. Is your company one of them?
Since 2023, tax credit purchases have grown into a standard component of corporate tax strategy. In 2025, more than one-quarter of Fortune 1000 companies were active as tax credit buyers or tax equity investors — representing nearly 80% growth from 2024 — as finance teams across industries recognized transferable tax credits as an efficient, repeatable way to reduce federal tax liability.
The growth isn't concentrated in one sector or one company size. Every major industry category saw participation rise year over year, and mid- and small-cap companies are closing the gap with their large-cap peers. Tax credit investors reported effective tax rates that were six to seven percentage points lower than non-participants — equivalent to $6–7 millionin savings for every $100 million in annual federal tax liability.
To help corporate finance teams benchmark their participation against peers, we analyzed Fortune 1000 public filings alongside Crux's proprietary transaction data. The result is our 2025 Buyer Benchmarking infographic: a sector-by-sector, size-by-size breakdown of where the market stands today.
For the full analysis — including the policy developments that shaped buyer behavior in 2025 and what the return of buyers to the market means for pricing in 2026 — download the complete Buyer Benchmarking Report.
