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JPMorgan Chase (LIM:JPM) Tax Rate % : 24.03% (As of Sep. 2024)


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What is JPMorgan Chase Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. JPMorgan Chase's Tax Expense for the three months ended in Sep. 2024 was $4,080 Mil. JPMorgan Chase's Pre-Tax Income for the three months ended in Sep. 2024 was $16,978 Mil. Therefore, JPMorgan Chase's Tax Rate % for the quarter that ended in Sep. 2024 was 24.03%.

JPMorgan Chase Tax Rate % Historical Data

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.

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JPMorgan Chase Tax Rate % Chart

JPMorgan Chase 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 18.80 18.66 18.85 18.39 19.57

JPMorgan Chase Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 21.41 17.83 22.40 22.56 24.03

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. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=12060/61612
=19.57 %

JPMorgan Chase's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=4080/16978
=24.03 %

* 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 % Related Terms

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JPMorgan Chase Business Description

Industry
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Traded in Other Exchanges
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Address
383 Madison Avenue, New York, NY, USA, 10179
Website
https://www.jpmorganchase.com
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4.1 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.