JPMorgan Chase & Co.

JPM Financial Banks Diversified

JPMorgan Chase & Co.’s revenue for fiscal 2025 (year ended December 2025) was $280.3 billion, up 0.52% from fiscal 2024. In the quarter to September 2026, revenue grew 5.97%, EPS grew 12.5%, free cash flow fell 185.6% and total debt rose 7.71%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for ten consecutive years, revenue growth for three.

339.72 4.19 +1.25%
Market cap
$891.9B
P/E
14.1×
Fwd P/E
14.0×
Dividend yield
1.81%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

JPMorgan Chase & Co. (JPM) Free cash flow margin

Alert me on Free cash flow margin

JPMorgan Chase & Co.'s free cash flow margin over the twelve months to 30 September 2026 was 0.00%, up 52.7 percentage points from fiscal 2025 (−52.7%). Over the past ten years it has ranged from −61.5% (fiscal 2020) to 72.7% (fiscal 2015); the current reading is higher than 18% of that period. That is in line with the Banks Diversified industry median of 0.00% and below the Financial sector median of 14.7%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 −52.7% (37.65)
FY2024 −15.1% (20.48)
FY2023 5.42% (63.78)
FY2022 69.2% 7.81
FY2021 61.4% 122.90
FY2020 −61.5% (64.38)
FY2019 2.87% (9.16)
FY2018 12.0% 21.48
FY2017 −9.45% (30.02)
FY2016 20.6% (52.16)

Against its own ten years

Low −61.5% High 72.7%
Ten-year median 5.42%
Current reading's percentile 18

Free cash flow margin against peers

Company Free cash flow margin
UBS UBS Group AG compare 17.2%
BAC Bank of America Corporation compare 0.00%
MUFG Mitsubishi UFJ Financial Group, Inc. compare 0.00%
WFC Wells Fargo & Company compare 0.00%
JPM JPMorgan Chase & Co. 0.00%
SMFG Sumitomo Mitsui Financial Group Inc compare 0.00%
C Citigroup Inc. compare 0.00%
HSBC HSBC Holdings plc compare 0.00%
SAN Banco Santander, S.A. compare −32.8%
Banks Diversified industry median 0.00%
Financial sector median 14.7%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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