Federal National Mortgage Association Fannie Mae (FNMA) Tax Rate (2013 - 2026)
Federal National Mortgage Association Fannie Mae's Tax Rate came in at 18.29% for Q3 2026, down 1.90 percentage points from 20.19% a year earlier and down 1.89 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 Sep 30, 2026, Federal National Mortgage Association Fannie Mae reported Tax Rate of 19.66%, down 0.53 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 Q3 2026 figure represents the lowest quarterly Tax Rate since Q3 2022.
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -0.27 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 20.18% (Q2 2026), 20.24% (Q1 2026) and 20.02% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 25.99% |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 30.92% |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 18.29% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 24.47% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 19.95% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 20.17% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Federal Home Loan Mortgage | 12.64 Bn | -328.33 Bn | - | 19.45% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.29% |
| 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% |
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();