Navient (JSM) Tax Rate (2013 - 2026)

Navient has reported Tax Rate for 14 years, with the latest figure at 35.9% in Q2 2026.

• On a quarterly basis, Tax Rate rose 1368.0% year-over-year to 35.9% in Q2 2026; TTM through Jun 2026 was 11.32%, a 2201.0% decrease from a year earlier, with the FY2025 full-year figure at 29.73%, up 502.0% from the prior year.
• Tax Rate was 35.9% for Q2 2026 at Navient, down from 46.88% in the prior quarter.
• The five-year high for Tax Rate was 116.67% in Q3 2024, with the low at 7.69% in Q4 2024.
• Average Tax Rate over 5 years is 33.04%, with a median of 25.61% recorded in 2022.
• The sharpest annual moves came in 2024 and 2025: Tax Rate soared 8848 bps in 2024, then plunged 9017 bps in 2025.
• Over 5 years, Tax Rate stood at 7.89% in 2022, then soared by 111 bps to 16.67% in 2023, then tumbled by 54 bps to 7.69% in 2024, then surged by 643 bps to 57.14% in 2025, then slumped by 37 bps to 35.9% in 2026.
• The last three Tax Rate figures came in at 35.9% (Q2 2026), 46.88% (Q1 2026), and 57.14% (Q4 2025), per Business Quant data.