GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Federal National Mortgage Association Fannie Mae (OTCPK:FNMAM.PFD) » Definitions » Tax Rate %

Federal National Mortgage Association Fannie Mae (Federal National Mortgage Association Fannie Mae) Tax Rate % : 20.49% (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Federal National Mortgage Association Fannie Mae Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Federal National Mortgage Association Fannie Mae's Tax Expense for the three months ended in Mar. 2024 was $1,113.00 Mil. Federal National Mortgage Association Fannie Mae's Pre-Tax Income for the three months ended in Mar. 2024 was $5,433.00 Mil. Therefore, Federal National Mortgage Association Fannie Mae's Tax Rate % for the quarter that ended in Mar. 2024 was 20.49%.


Federal National Mortgage Association Fannie Mae Tax Rate % Historical Data

The historical data trend for Federal National Mortgage Association Fannie Mae'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.

* Premium members only.

Federal National Mortgage Association Fannie Mae Tax Rate % Chart

Federal National Mortgage Association Fannie Mae Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.44 20.66 20.66 20.39 20.71

Federal National Mortgage Association Fannie Mae Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.09 20.47 20.91 20.44 20.49

Federal National Mortgage Association Fannie Mae Tax Rate % Calculation

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

Federal National Mortgage Association Fannie Mae's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=4548/21956
=20.71 %

Federal National Mortgage Association Fannie Mae's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=1113/5433
=20.49 %

* 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.


Federal National Mortgage Association Fannie Mae Tax Rate % Related Terms

Thank you for viewing the detailed overview of Federal National Mortgage Association Fannie Mae's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Federal National Mortgage Association Fannie Mae (Federal National Mortgage Association Fannie Mae) Business Description

Address
1100 15th Street, NW, Midtown Center, Washington, DC, USA, 20005
Federal National Mortgage Association Fannie Mae is a source of financing for mortgages in the United States. The company has two segments. The Single-Family business operates in the secondary mortgage market relating to single-family mortgage loans, which are secured by properties containing four or fewer residential dwelling units. The Multifamily business operates in the secondary mortgage market relating mainly to multifamily mortgage loans, which are secured by properties containing five or more residential units. The majority of the revenue is derived from the Single-Family segment.