Jpmorgan Chase (JPM-PD) Tax Rate (2009 - 2026)
Jpmorgan Chase's quarterly Tax Rate came in at 19.46% in Q1 2026, down 99.0% year-on-year from 1945.9% in Q1 2025, and down 19.25% quarter-over-quarter from 24.1% in Q4 2025.
Jpmorgan Chase has reported Tax Rate for 18 years, with the latest figure at 19.46% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 99.0% year-over-year to 19.46%; the trailing twelve-month figure through Mar 2026 stood at 21.12% (down 54.0% YoY), and the FY2025 full-year result was 21.42%, down 71.0% from the prior year.
- Tax Rate for Q1 2026 stood at 19.46%, down from 24.1% in the prior quarter.
- The five-year high for Tax Rate was 24.1% in Q4 2025, with the low at 2.6% in Q1 2024.
- Average Tax Rate over 5 years is 19.15%, with a median of 19.46% recorded in 2026.
- Year-over-year, Tax Rate plunged 1835 bps in 2024 and soared 1785 bps in 2025.
- Tracing JPM-PD's Tax Rate over 5 years: stood at 16.84% in 2022, then grew by 6 bps to 17.83% in 2023, then rose by 9 bps to 19.4% in 2024, then rose by 24 bps to 24.1% in 2025, then decreased by 19 bps to 19.46% in 2026.
- The last three Tax Rate figures came in at 19.46% (Q1 2026), 24.1% (Q4 2025), and 23.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,282,929,665.61 Bn | 1,282,929,665.82 Bn | - | - |
| 2 | Toronto Dominion Bank | 928.05 Bn | 749.34 Bn | - | - |
| 3 | Hsbc Holdings | 799.80 Bn | 799.80 Bn | - | - |
| 4 | Barclays | 460.27 Bn | 460.27 Bn | - | - |
| 5 | Bank Of America | 373.62 Bn | -233.08 Bn | 29.24 Bn | 17.49 |
| 6 | Bank Of Montreal | 316.89 Bn | 316.89 Bn | - | 25.14 |
| 7 | Wells Fargo & Company | 238.28 Bn | 163.21 Bn | - | 11.55 |
| 8 | Citigroup | 235.82 Bn | -1,949.18 Bn | 19.85 Bn | 33.80 |
| 9 | Bank of New York Mellon | 94.86 Bn | 37.94 Bn | - | 19.15 |
| 10 | Jpmorgan Chase | - | - | - | 19.46 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.46 |
| Mar 31, 2026 | 19.46 |
| Dec 31, 2025 | 24.10 |
| Dec 31, 2025 | 24.10 |
| Sep 30, 2025 | 23.21 |
| Sep 30, 2025 | 23.21 |
| Jun 30, 2025 | 18.03 |
| Jun 30, 2025 | 18.03 |
| Mar 31, 2025 | 20.45 |
| Mar 31, 2025 | 20.45 |
| Dec 31, 2024 | 19.40 |
| Dec 31, 2024 | 19.40 |
| Sep 30, 2024 | 24.03 |
| Sep 30, 2024 | 24.03 |
| Jun 30, 2024 | 22.56 |
| Jun 30, 2024 | 22.56 |
| Mar 31, 2024 | 2.60 |
| Mar 31, 2024 | 2.60 |
| Dec 31, 2023 | 17.83 |
| Dec 31, 2023 | 17.83 |
| Sep 30, 2023 | 21.41 |
| Sep 30, 2023 | 21.41 |
| Jun 30, 2023 | 17.71 |
| Jun 30, 2023 | 17.71 |
| Mar 31, 2023 | 20.95 |
| Mar 31, 2023 | 20.95 |
| Dec 31, 2022 | 16.84 |
| Dec 31, 2022 | 16.84 |
| Sep 30, 2022 | 18.87 |
| Sep 30, 2022 | 18.87 |
| Jun 30, 2022 | 20.40 |
| Jun 30, 2022 | 20.40 |
| Mar 31, 2022 | 17.70 |
| Mar 31, 2022 | 17.70 |
| Dec 31, 2021 | 17.84 |
| Dec 31, 2021 | 17.84 |
| Sep 30, 2021 | 17.18 |
| Sep 30, 2021 | 17.18 |
| Jun 30, 2021 | 20.86 |
| Jun 30, 2021 | 20.86 |
| Mar 31, 2021 | 19.20 |
| Mar 31, 2021 | 19.20 |
| Dec 31, 2020 | 20.03 |
| Dec 31, 2020 | 20.03 |
| Sep 30, 2020 | 19.76 |
| Sep 30, 2020 | 19.76 |
| Jun 30, 2020 | 17.19 |
| Jun 30, 2020 | 17.19 |
| Mar 31, 2020 | 10.75 |
| Mar 31, 2020 | 10.75 |
| Dec 31, 2019 | 21.73 |
| Dec 31, 2019 | 21.73 |
| Sep 30, 2019 | 20.39 |
| Sep 30, 2019 | 20.39 |
| Jun 30, 2019 | 14.90 |
| Jun 30, 2019 | 14.90 |
| Mar 31, 2019 | 18.29 |
| Mar 31, 2019 | 18.29 |
| Dec 31, 2018 | 20.08 |
| Dec 31, 2018 | 20.08 |
| Sep 30, 2018 | 21.60 |
| Sep 30, 2018 | 21.60 |
| Jun 30, 2018 | 21.34 |
| Jun 30, 2018 | 21.34 |
| Mar 31, 2018 | 18.29 |
| Mar 31, 2018 | 18.29 |
| Dec 31, 2017 | 48.73 |
| Dec 31, 2017 | 48.73 |
| Sep 30, 2017 | 29.55 |
| Sep 30, 2017 | 29.55 |
| Jun 30, 2017 | 27.90 |
| Jun 30, 2017 | 27.90 |
| Mar 31, 2017 | 22.70 |
| Mar 31, 2017 | 22.70 |
| Dec 31, 2016 | 22.49 |
| Dec 31, 2016 | 22.49 |
| Sep 30, 2016 | 29.68 |
| Sep 30, 2016 | 29.68 |
| Jun 30, 2016 | 33.62 |
| Jun 30, 2016 | 33.62 |
| Mar 31, 2016 | 27.16 |
| Mar 31, 2016 | 27.16 |
| Dec 31, 2015 | 26.28 |
| Dec 31, 2015 | 26.28 |
| Sep 30, 2015 | -1.10 |
| Sep 30, 2015 | -1.10 |
| Jun 30, 2015 | 24.91 |
| Jun 30, 2015 | 24.91 |
| Mar 31, 2015 | 28.09 |
| Mar 31, 2015 | 28.09 |
| Dec 31, 2014 | 24.15 |
| Dec 31, 2014 | 24.15 |
| Sep 30, 2014 | 29.68 |
| Sep 30, 2014 | 29.68 |
| Jun 30, 2014 | 30.10 |
| Jun 30, 2014 | 30.10 |
| Mar 31, 2014 | 31.83 |
| Mar 31, 2014 | 31.83 |
| Dec 31, 2013 | 36.56 |
| Dec 31, 2013 | 36.56 |
| Sep 30, 2013 | 1,217.65 |
| Sep 30, 2013 | 1,217.65 |
| Jun 30, 2013 | 30.14 |
| Jun 30, 2013 | 30.14 |
| Mar 31, 2013 | 28.11 |
| Mar 31, 2013 | 28.11 |
| Dec 31, 2012 | 18.10 |
| Dec 31, 2012 | 18.10 |
| Sep 30, 2012 | 28.52 |
| Sep 30, 2012 | 28.52 |
| Jun 30, 2012 | 29.14 |
| Jun 30, 2012 | 29.14 |
| Mar 31, 2012 | 29.47 |
| Mar 31, 2012 | 29.47 |
| Dec 31, 2011 | 21.47 |
| Dec 31, 2011 | 21.47 |
| Sep 30, 2011 | 26.74 |
| Sep 30, 2011 | 26.74 |
| Jun 30, 2011 | 33.17 |
| Jun 30, 2011 | 33.17 |
| Mar 31, 2011 | 31.05 |
| Mar 31, 2011 | 31.05 |
| Dec 31, 2010 | 31.10 |
| Dec 31, 2010 | 31.10 |
| Sep 30, 2010 | 28.78 |
| Sep 30, 2010 | 28.78 |
| Jun 30, 2010 | 32.53 |
| Jun 30, 2010 | 32.53 |
| Mar 31, 2010 | 26.69 |
| Mar 31, 2010 | 26.69 |
| Dec 31, 2009 | 15.43 |
| Dec 31, 2009 | 15.43 |
| Sep 30, 2009 | 30.63 |
| Sep 30, 2009 | 30.63 |
| Jun 30, 2009 | 33.18 |
| Jun 30, 2009 | 33.18 |
| Mar 31, 2009 | 29.94 |
| Mar 31, 2009 | 29.94 |