JPMorgan Chase (CHIX:CMCD) Tax Rate %: 19.46% (As of Mar. 2026)


CHIX:CMCD JPMorgan Chase & Co CHIX:CMCD
77 GF Score
Price €261.00
GF Value €217.91
! 9 Warning Signs
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What is JPMorgan Chase Tax Rate %?

JPMorgan Chase CHIX:CMCD 77 Tax Rate % is 19.46% as of Mar. 2026. GuruFocus rates CHIX:CMCD with a GF Score™ of 77/100 and a GF Value™ of €217.91. The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. JPMorgan Chase's Tax Expense for the three months ended in Mar. 2026 was €3,447 Mil. JPMorgan Chase's Pre-Tax Income for the three months ended in Mar. 2026 was €17,714 Mil. Therefore, JPMorgan Chase's Tax Rate % for the quarter that ended in Mar. 2026 was 19.46%.

JPMorgan Chase Tax Rate % Related Terms

JPMorgan Chase Tax Rate % Historical Data

* Premium members only.

The historical data trend for JPMorgan Chase's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JPMorgan Chase Tax Rate % Chart

JPMorgan Chase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.85 18.39 19.57 22.12 21.42

JPMorgan Chase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.45 18.03 23.21 24.10 19.46
CHIX:CMCD
77GF Score
JPMorgan Chase & Co CHIX:CMCD
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan Chase Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

JPMorgan Chase's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=13277.138/61996.13
=21.42 %

JPMorgan Chase's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=3447.025/17714.335
=19.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 19.46% mean?
JPMorgan Chase (CHIX:CMCD) has a Tax Rate % of 19.46% as of Mar. 2026.
Is JPMorgan Chase's Tax Rate % too high?
JPMorgan Chase's current Tax Rate % is 19.46%. Overall, JPMorgan Chase has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Chase's Tax Rate % compare to BAC and WFC?
JPMorgan Chase's Tax Rate % of 19.46% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. JPMorgan Chase's current Tax Rate % is 19.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Chase stock overvalued right now?
JPMorgan Chase (CHIX:CMCD) has a current Tax Rate % of 19.46%. The stock's GF Value™ is €217.91, compared to a current price of €261.00 — trading 19.8% above its estimated fair value. The current Tax Rate % is 19.46%. JPMorgan Chase's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For JPMorgan Chase (CHIX:CMCD), the current Tax Rate % is 19.46% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JPMorgan Chase (CHIX:CMCD) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Chase stock appears to be overvalued. The current stock price of €261.00 is trading 19.8% above its estimated GF Value™ of €217.91.

Key valuation signals for CHIX:CMCD:

  • Tax Rate %: 19.46%
  • GF Value™: €217.91 vs. price of €261.00 (19.8% above fair value)
  • GF Score™: 77/100 with 9 warning signs

No single metric tells the full story. See the CHIX:CMCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JPMorgan Chase Business Description

Address 270 Park Avenue, New York, NY, USA, 10017
JPMorgan is a leading global financial services firm with operations in 66 countries and over 318,000 employees as of year-end 2025. Under the JPMorgan brands, the bank holding company boasts a $4.9 trillion balance sheet and $2.68 trillion in deposits, as of March 2026. The firm generates its revenue across three core operating segments: consumer and community banking, the commercial and investment bank, and asset and wealth management. It maintains the top global ranking in investment banking fees with an 8.4% market share, serves millions of consumers through its network of over 5,000 US branches, and manages over $7.1 trillion in client assets within its wealth and asset management franchise.
77GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€261.00
Price
€217.91
GF Value