Federal National Mortgage Association Fannie Mae (FNMAK) Tax Rate (2009 - 2026)
Federal National Mortgage Association Fannie Mae's (FNMAK) quarterly Tax Rate came in at 20.18% in Q2 2026, up 4.0% year-over-year from 19.41% in Q2 2025, and little changed quarter-over-quarter from 20.24% in Q1 2026.
Analysis
Federal National Mortgage Association Fannie Mae (FNMAK) Tax Rate (2009 - 2026) Analysis & Trends
Federal National Mortgage Association Fannie Mae (FNMAK) has reported Tax Rate for 17 consecutive years, with 20.18% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 4.0% year-over-year to 20.18% in Q2 2026; TTM through Jun 2026 was 20.16%, a 3.0% increase from a year earlier, with the FY2025 full-year figure at 20.12%, down 5.0% from the prior year.
- Tax Rate was 20.18% for Q2 2026 at Federal National Mortgage Association Fannie Mae, roughly flat from 20.24% in the prior quarter.
- Over five years, Tax Rate peaked at 25.73% in Q4 2022 and troughed at 14.97% in Q3 2022.
- A 5-year average of 20.38% and a median of 20.25% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 575 bps in 2022 and jumped 593 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 25.73% in 2022, then slipped by 21 bps to 20.44% in 2023, then declined by 1 bps to 20.25% in 2024, then slipped by 1 bps to 20.02% in 2025, then advanced by 1 bps to 20.18% in 2026.
- The last three Tax Rate figures came in at 20.18% (Q2 2026), 20.24% (Q1 2026), and 20.02% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 79.20 Bn | 79.20 Bn | - | 20.18% |
| 2 | Rocket Companies | 37.26 Bn | 34.15 Bn | - | 18.51% |
| 3 | Figure Technology Solutions | 8.07 Bn | 6.54 Bn | 196.67 Mn | -5.36% |
| 4 | PennyMac Financial Services | 3.60 Bn | 2.85 Bn | 480.08 Mn | 31.08% |
| 5 | Federal Agricultural Mortgage | 2.41 Bn | 1.38 Bn | - | 18.19% |
| 6 | CNFinance Holdings | 1.37 Bn | 1.37 Bn | - | - |
| 7 | Walker & Dunlop | 1.35 Bn | 1.19 Bn | - | -36.84% |
| 8 | Velocity Financial | 697.91 Mn | -6.75 Bn | - | 26.96% |
| 9 | UWM Holdings | 453.97 Mn | -44.44 Mn | - | 4.44% |
| 10 | Onity | 292.02 Mn | 95.72 Mn | - | 21.19% |
Historic Data
Download Data
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% |