JD.com (JD) Tax Rate (2014 - 2025)
JD.com's Tax Rate was -18.52% in Q2 2026, down 18.74 percentage points from 0.21% a year earlier and down 0.72 percentage points from the prior quarter.
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Analysis
JD.com (JD) Tax Rate (2014 - 2025) Analysis & Trends
On a trailing twelve-month basis, JD.com's Tax Rate was -14.74% through Jun 30, 2026, down 3.59 percentage points year-over-year; for FY2025, it came in at -8.62%, up 4.74 percentage points from FY2024.
- Tax Rate has now increased for three consecutive years, though with a five-year change of -5.70 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -13.36% in FY2024 (+13.17 pp), -26.52% in FY2023 (+4.39 pp), -30.91% in FY2022 (-104.00 pp) and 73.09% in FY2021 (+76.00 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q1 2024.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of +6.02 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2024 (a gain of 35.68 percentage points); the worst was Q3 2022 (a drop of 47.62 percentage points).
- Per Business Quant data, JD's Tax Rate in the three quarters before Q2 2026 was -17.80% (Q1 2026), -9.33% (Q4 2025) and -3.86% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,583.91 Bn | 2,583.91 Bn | - | - |
| 2 | Home Depot | 327.32 Bn | 320.57 Bn | 16.12 Bn | 24.53% |
| 3 | Tjx Companies | 155.16 Bn | 132.70 Bn | 5.07 Bn | 24.68% |
| 4 | Lowes Companies | 116.41 Bn | 109.37 Bn | 8.58 Bn | 24.44% |
| 5 | O Reilly Automotive | 72.96 Bn | 72.96 Bn | 2.68 Bn | - |
| 6 | Ross Stores | 72.59 Bn | 55.51 Bn | 2.12 Bn | 24.98% |
| 7 | Target | 69.63 Bn | 64.22 Bn | 8.94 Bn | 23.67% |
| 8 | Autozone | 52.04 Bn | 50.89 Bn | 3.52 Bn | 20.26% |
| 9 | Carvana | 49.71 Bn | 39.29 Bn | 1.52 Bn | 12.50% |
| 10 | JD.com | 36.48 Bn | -83.72 Bn | 8.74 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 0.21% |
| Dec 31, 2020 | 1.39% |
| Mar 31, 2019 | 3.72% |
| Dec 31, 2017 | 1.37% |
| Sep 30, 2017 | 5.16% |
| Jun 30, 2017 | 4.97% |
| Mar 31, 2017 | 20.65% |
| Dec 31, 2016 | 7.55% |
| Sep 30, 2016 | 0.33% |
| Jun 30, 2016 | 50.50% |
| Mar 31, 2016 | 2.32% |
| Dec 31, 2015 | 0.12% |
| Sep 30, 2015 | 0.00% |
| Jun 30, 2015 | 0.40% |
| Mar 31, 2015 | 0.42% |
| Dec 31, 2014 | 3.47% |
| Sep 30, 2014 | 3.92% |
| Jun 30, 2014 | 0.06% |
API Access
JD.com 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=JD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "JD", "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=JD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();