Jpmorgan Chase (JPM-PL) Tax Rate (2009 - 2026)

Jpmorgan Chase (JPM-PL) recorded quarterly Tax Rate of 19.46% in Q1 2026, down 19.25% quarter-over-quarter from 24.1% in Q4 2025, and down 99.0% on a YoY basis from 1945.9% in Q1 2025.

Jpmorgan Chase (JPM-PL) Tax Rate (2009 - 2026) Analysis & Trends

Jpmorgan Chase's Tax Rate history runs 18 years deep, the most recent figure standing at 19.46% for Q1 2026.

  • In Q1 2026, Tax Rate fell 99.0% year-over-year to 19.46%; the TTM figure through Mar 2026 stood at 21.12% (down 54.0% YoY), while the FY2025 annual figure was 21.42%, down 71.0% from the prior year.
  • Tax Rate was 19.46% for Q1 2026 at Jpmorgan Chase, down from 24.1% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 24.1% in Q4 2025 to a low of 2.6% in Q1 2024.
  • Historically, Tax Rate has averaged 19.15% across 5 years, with a median of 19.46% in 2026.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 1835 bps in 2024, then jumped 1785 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 16.84% in 2022, then climbed by 6 bps to 17.83% in 2023, then increased by 9 bps to 19.4% in 2024, then increased by 24 bps to 24.1% in 2025, then retreated 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 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 23.02%
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -21.14%
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 21.90%
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - -
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 25.14%
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 17.49%
7 Barclays 379.37 Bn -269.24 Bn - -22.67%
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 26.08%
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 11.55%
10 Jpmorgan Chase - - - 19.46%

Historic Data

Download Data
DateValue
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%