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) Return on equity
JPMorgan Chase & Co.'s return on equity over the twelve months to 30 September 2026 was 18.7%, up 2.0 percentage points from fiscal 2025 (16.7%). Over the past ten years it has ranged from 9.86% (fiscal 2017) to 18.3% (fiscal 2021); the current reading is higher than 73% of that period. That is above the Banks Diversified industry median of 10.9% and above the Financial sector median of 8.89%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 16.7% | (1.50) |
| FY2024 | 18.2% | 1.30 |
| FY2023 | 16.9% | 3.20 |
| FY2022 | 13.7% | (4.60) |
| FY2021 | 18.3% | 6.95 |
| FY2020 | 11.3% | (3.57) |
| FY2019 | 14.9% | 1.56 |
| FY2018 | 13.4% | 3.49 |
| FY2017 | 9.86% | (0.30) |
| FY2016 | 10.2% | (0.30) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| JPM JPMorgan Chase & Co. | 18.7% |
| SAN Banco Santander, S.A. compare | 14.7% |
| WFC Wells Fargo & Company compare | 13.4% |
| BAC Bank of America Corporation compare | 11.1% |
| UBS UBS Group AG compare | 10.6% |
| MUFG Mitsubishi UFJ Financial Group, Inc. compare | 10.1% |
| SMFG Sumitomo Mitsui Financial Group Inc compare | 9.85% |
| C Citigroup Inc. compare | 9.40% |
| HSBC HSBC Holdings plc compare | 0.00% |
| Banks Diversified industry median | 10.9% |
| Financial sector median | 8.89% |
| Market median | 1.35% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on JPM
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- 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 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