JPMorgan Chase & Co.(JPM)
Banks - Diversified · New York, NY
$353.51-5.13 (-1.43%)
Delayed quote: Sep 8, 2026, 4:00 PM EDT
Banks - Diversified · New York, NY
Delayed quote: Sep 8, 2026, 4:00 PM EDT
Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 23.12% is 14% above its 5-year average of 20.21%, near the high end of its 5-year range (16.84%–24.10%).
As of the fiscal period ended Tuesday, June 30, 2026. 7.11% above its 12-month average of 21.58%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
23.12%
TAX RATE AVG TTM
21.58%
TAX RATE AVG 3Y
21.05%
TAX RATE AVG 5Y
20.21%
TAX RATE AVG 10Y
20.20%
TAX RATE AVG 15Y
22.84%
TAX RATE AVG 20Y
24.54%
CURRENT VS TTM AVG
+7.11%
CURRENT VS 3Y AVG
+9.80%
CURRENT VS 5Y AVG
+14.41%
CURRENT VS 10Y AVG
+14.44%
CURRENT VS 15Y AVG
+1.22%
CURRENT VS 20Y AVG
-5.80%
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2026-06-30 | 23.12% |
| 2026-03-31 | 19.46% |
| 2025-12-31 | 24.10% |
| 2025-09-30 | 23.21% |
| 2025-06-30 | 18.03% |
| 2025-03-31 | 20.45% |
| 2024-12-31 | 19.40% |
| 2024-09-30 | 24.03% |
| 2024-06-30 | 22.56% |
| 2024-03-31 | 22.40% |
| 2023-12-31 | 17.83% |
| 2023-09-30 | 21.41% |
| 2023-06-30 | 17.71% |
| 2023-03-31 | 20.95% |
| 2022-12-31 | 16.84% |
| 2022-09-30 | 18.87% |
| 2022-06-30 | 20.40% |
| 2022-03-31 | 17.70% |
| 2021-12-31 | 17.84% |
| 2021-09-30 | 17.18% |
| 2021-06-30 | 20.86% |
| 2021-03-31 | 19.20% |
| 2020-12-31 | 19.44% |
| 2020-09-30 | 19.76% |
| 2020-06-30 | 17.19% |
| 2020-03-31 | 10.75% |
| 2019-12-31 | 19.36% |
| 2019-09-30 | 20.39% |
| 2019-06-30 | 14.90% |
| 2019-03-31 | 18.29% |
| 2018-12-31 | 20.08% |
| 2018-09-30 | 21.60% |
| 2018-06-30 | 21.34% |
| 2018-03-31 | 18.29% |
| 2017-12-31 | 48.73% |
| 2017-09-30 | 29.55% |
| 2017-06-30 | 27.90% |
| 2017-03-31 | 22.70% |
| 2016-12-31 | 22.49% |
| 2016-09-30 | 29.68% |
| 2016-06-30 | 33.62% |
| 2016-03-31 | 27.16% |
| 2015-12-31 | 26.28% |
| 2015-09-30 | -1.10% |
| 2015-06-30 | 24.91% |
| 2015-03-31 | 28.09% |
| 2014-12-31 | 21.27% |
| 2014-09-30 | 29.68% |
| 2014-06-30 | 30.10% |
| 2014-03-31 | 31.83% |
| 2013-12-31 | 29.63% |
| 2013-06-30 | 30.14% |
| 2013-03-31 | 28.11% |
| 2012-12-31 | 18.10% |
| 2012-09-30 | 28.52% |
| 2012-06-30 | 29.14% |
| 2012-03-31 | 29.47% |
| 2011-12-31 | 21.47% |
| 2011-09-30 | 26.74% |
| 2011-06-30 | 33.17% |
| 2011-03-31 | 31.05% |
| 2010-12-31 | 31.10% |
| 2010-09-30 | 28.78% |
| 2010-06-30 | 32.53% |
| 2010-03-31 | 26.69% |
| 2009-12-31 | 15.43% |
| 2009-09-30 | 30.63% |
| 2009-06-30 | 33.18% |
| 2009-03-31 | 29.94% |
| 2008-06-30 | 27.61% |
| 2008-03-31 | 32.87% |
| 2007-12-31 | 27.92% |
| 2007-09-30 | 32.54% |
| 2007-06-30 | 33.33% |
| 2007-03-31 | 34.71% |
| 2006-12-31 | 24.51% |
| 2006-09-30 | 34.54% |
| 2006-06-30 | 33.14% |
| 2006-03-31 | 33.78% |
| 2005-12-31 | 31.16% |
| 2005-09-30 | 32.56% |
| 2005-06-30 | 19.43% |
| 2005-03-31 | 31.04% |
| 2004-12-31 | 30.79% |
| 2004-09-30 | 27.62% |
| 2004-03-31 | 33.52% |
| 2003-12-31 | 31.19% |
| 2003-09-30 | 33.00% |
| 2003-06-30 | 33.97% |
| 2003-03-31 | 34.02% |
| 2002-09-30 | 33.33% |