Jpmorgan Chase & Co (JPM) Tax Rate (2009 - 2026)
Jpmorgan Chase's Tax Rate came in at 23.12% for Q2 2026, up 5.09 percentage points from 18.03% a year earlier and up 3.66 percentage points from the prior quarter.
Jpmorgan Chase & Co (JPM) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Jpmorgan Chase reported Tax Rate of 22.45%, up 2.02 percentage points year-over-year; for FY2025, it was 21.42%, down 0.71 percentage points from FY2024.
- Tax Rate carries a five-year change of +2.75 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 22.12% in FY2024 (+2.55 pp), 19.57% in FY2023 (+1.18 pp), 18.39% in FY2022 (-0.46 pp) and 18.85% in FY2021 (+0.19 pp).
- The five-year range for quarterly Tax Rate is 16.84% (Q4 2022) to 24.10% (Q4 2025).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +0.71 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2026 (a gain of 5.09 percentage points), and the weakest in Q2 2025 (a drop of 4.52 percentage points).
- Business Quant data shows JPM's Tax Rate at 19.46% (Q1 2026), 24.10% (Q4 2025) and 23.21% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.12% |
| Mar 31, 2026 | 19.46% |
| Dec 31, 2025 | 24.10% |
| Sep 30, 2025 | 23.21% |
| Jun 30, 2025 | 18.03% |
| Mar 31, 2025 | 20.45% |
| Dec 31, 2024 | 19.40% |
| Sep 30, 2024 | 24.03% |
| Jun 30, 2024 | 22.56% |
| Mar 31, 2024 | 22.40% |
| Dec 31, 2023 | 17.83% |
| Sep 30, 2023 | 21.41% |
| Jun 30, 2023 | 17.71% |
| Mar 31, 2023 | 20.95% |
| Dec 31, 2022 | 16.84% |
| Sep 30, 2022 | 18.87% |
| Jun 30, 2022 | 20.40% |
| Mar 31, 2022 | 17.70% |
| Dec 31, 2021 | 17.84% |
| Sep 30, 2021 | 17.18% |
Jpmorgan Chase & Co 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=JPM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "JPM", "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=JPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();