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.
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JPMorgan Chase & Co. (JPM) Free cash flow
JPMorgan Chase & Co.'s free cash flow for fiscal 2025 was −$147.8B, compared with −$42.0B in fiscal 2024. Over the twelve months to 30 June 2026 it was −$162.5B. Over the past ten years it has ranged from −$147.8B (fiscal 2025) to $107.1B (fiscal 2022) — the current reading is the lowest in ten years. Free cash flow has fallen for 3 consecutive fiscal years. JPMorgan Chase & Co. ranks 13th of 14 Banks Diversified companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | −$147.8B | — |
| FY2024 | −$42.0B | — |
| FY2023 | $13.0B | (87.89%) |
| FY2022 | $107.1B | 37.18% |
| FY2021 | $78.1B | — |
| FY2020 | −$79.9B | — |
| FY2019 | $4.1B | (73.79%) |
| FY2018 | $15.6B | — |
| FY2017 | −$10.8B | — |
| FY2016 | $21.9B | (70.21%) |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | −$25.3B | — |
| Mar 2026 | −$211.8B | — |
| Dec 2025 | $119.7B | — |
| Sep 2025 | −$45.2B | — |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| HSBC HSBC Holdings plc compare | $144.6B |
| BAC Bank of America Corporation compare | $94.7B |
| WFC Wells Fargo & Company compare | $19.2B |
| UBS UBS Group AG compare | $11.8B |
| C Citigroup Inc. compare | −$24.4B |
| SAN Banco Santander, S.A. compare | −$44.4B |
| SMFG Sumitomo Mitsui Financial Group Inc compare | −$84.8B |
| JPM JPMorgan Chase & Co. | −$162.5B |
| MUFG Mitsubishi UFJ Financial Group, Inc. compare | −$236.6B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on JPM
- Revenue
- Net income
- EPS (diluted)
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement