Federal National Mortgage Association Fannie Mae (FNMA) Tax Rate (2013 - 2026)
Federal National Mortgage Association Fannie Mae's Tax Rate came in at 20.18% for Q2 2026, up 0.04 percentage points from 20.15% a year earlier but down 0.06 percentage points from the prior quarter.
Federal National Mortgage Association Fannie Mae (FNMA) Tax Rate (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Federal National Mortgage Association Fannie Mae reported Tax Rate of 20.16%, up 0.03 percentage points year-over-year; for FY2025, it came in at 20.12%, down 0.05 percentage points from FY2024.
- Tax Rate carries a five-year change of -0.54 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 20.17% in FY2024 (-0.54 pp), 20.71% in FY2023 (+0.32 pp), 20.39% in FY2022 (-0.26 pp) and 20.66% in FY2021 (unchanged).
- The five-year range for quarterly Tax Rate is 14.97% (Q3 2022) to 25.73% (Q4 2022).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -0.15 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2023 (a gain of 5.93 percentage points), and the weakest in Q3 2022 (a drop of 5.75 percentage points).
- Business Quant data shows FNMA's Tax Rate at 20.24% (Q1 2026), 20.02% (Q4 2025) and 20.19% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 30.92% |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 18.51% |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 20.18% |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 25.38% |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | - |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 19.69% |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | 0.83% |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 12.68 Bn | -6.06 Bn | - | 19.61% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.18% |
| Mar 31, 2026 | 20.24% |
| Dec 31, 2025 | 20.02% |
| Sep 30, 2025 | 20.19% |
| Jun 30, 2025 | 20.15% |
| Mar 31, 2025 | 20.14% |
| Dec 31, 2024 | 20.25% |
| Sep 30, 2024 | 19.97% |
| Jun 30, 2024 | 19.99% |
| Mar 31, 2024 | 20.49% |
| Dec 31, 2023 | 20.44% |
| Sep 30, 2023 | 20.91% |
| Jun 30, 2023 | 20.47% |
| Mar 31, 2023 | 21.09% |
| Dec 31, 2022 | 25.73% |
| Sep 30, 2022 | 14.97% |
| Jun 30, 2022 | 20.80% |
| Mar 31, 2022 | 20.90% |
| Dec 31, 2021 | 20.07% |
| Sep 30, 2021 | 20.73% |
Federal National Mortgage Association Fannie Mae 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=FNMA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FNMA", "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=FNMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();