Federal Home Loan Mortgage (FMCKM) Tax Rate (2010 - 2026)
Federal Home Loan Mortgage (FMCKM) reported Tax Rate of 19.7% for Q1 2026, down 10.0% year-over-year from 21.89% in Q1 2025, and up 0.52% quarter-over-quarter from 19.6% in Q4 2025.
Federal Home Loan Mortgage (FMCKM) Tax Rate (2010 - 2026) Analysis & Trends
Federal Home Loan Mortgage (FMCKM) has 17 years of Tax Rate data on file, last reported at 19.7% in Q1 2026.
- Tax Rate for Q1 2026 came in at 19.7%, down 10.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.66% (down 7.0% YoY), and the FY2025 annual result was 19.68%, down 7.0% from the prior year.
- Tax Rate advanced to 19.7% in Q1 2026 per FMCKM's latest filing, from 19.6% in the prior quarter.
- Over five years, Tax Rate peaked at 20.49% in Q3 2023 and troughed at 15.83% in Q3 2022.
- A 5-year average of 19.7% and a median of 19.83% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 411 bps in 2022, then soared 466 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 20.44% in 2022, then fell by 1 bps to 20.16% in 2023, then retreated by 2 bps to 19.81% in 2024, then decreased by 1 bps to 19.6% in 2025, then grew by 1 bps to 19.7% in 2026.
- Business Quant data shows FMCKM's Tax Rate at 19.7% in Q1 2026, 19.6% in Q4 2025, and 19.58% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 34.85 Bn | 32.16 Bn | - | 25.75% |
| 2 | PennyMac Financial Services | 4.14 Bn | 3.65 Bn | 523.89 Mn | 21.37% |
| 3 | Walker & Dunlop | 1.73 Bn | 1.55 Bn | - | 30.91% |
| 4 | UWM Holdings | 743.45 Mn | 1.57 Bn | - | 4.01% |
| 5 | Velocity Financial | 668.42 Mn | 583.96 Mn | - | 27.78% |
| 6 | CNFinance Holdings | 591.78 Mn | 542.97 Mn | - | - |
| 7 | Better Home & Finance Holding | 419.52 Mn | 349.24 Mn | - | 3.08% |
| 8 | Onity | 306.24 Mn | 306.24 Mn | - | 3.80% |
| 9 | loanDepot | 209.70 Mn | -4.79 Mn | - | 0.31% |
| 10 | Federal Home Loan Mortgage | - | - | - | 19.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.70% |
| Mar 31, 2026 | 19.70% |
| Dec 31, 2025 | 19.60% |
| Dec 31, 2025 | 19.60% |
| Sep 30, 2025 | 19.58% |
| Sep 30, 2025 | 19.58% |
| Jun 30, 2025 | 19.76% |
| Jun 30, 2025 | 19.76% |
| Mar 31, 2025 | 19.80% |
| Mar 31, 2025 | 19.80% |
| Dec 31, 2024 | 19.81% |
| Dec 31, 2024 | 19.81% |
| Sep 30, 2024 | 19.27% |
| Sep 30, 2024 | 19.27% |
| Jun 30, 2024 | 20.09% |
| Jun 30, 2024 | 20.09% |
| Mar 31, 2024 | 19.92% |
| Mar 31, 2024 | 19.92% |
| Dec 31, 2023 | 20.16% |
| Dec 31, 2023 | 20.16% |