Sunday 11 October 2026 Export all JPM data to Excel Powerpack

JPMorgan Chase & Co.

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 June 2026, revenue grew 17.9%, EPS grew 46.9%, free cash flow fell 185.6% and total debt rose 9.70%, 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.

332.99 1.57 +0.47%

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Market cap: $881.0B
P/E: 14.2×
Fwd P/E: 14.0×
Dividend yield: 1.85%
F-score: 3/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 126.35

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	8	9	1	8	8	1	—	1	1	—

Insider Ownership 1.48%

Capital & Financial Ratios $m

Market Cap 880,980.00

Revenue 297,632.00

Net Income 65,067.00

Free Cash Flow (162,534.00)

Net Debt (1,357,503.00)

Current Ratio 0.85

Debt/Equity 1.23

P/E ratio 14.24

Fwd P/E 14.00

P/S ratio 3.01

P/B ratio 2.53

Past 5Y EPS Growth 17.65%

This Y EPS Growth 24.70%

Next Y EPS Growth 1.26%

Next Y revenue growth (25.63%)

Next 5Y EPS Growth 10.95%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 75.96%

10-year low 10-year high

P/S against its own 10 years 68.24%

10-year low 10-year high

P/B against its own 10 years 95.49%

10-year low 10-year high

Dividends

Payout Ratio 0.26

Annual Dividend Rate 6.15

Annual Dividend Yield 1.85%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	6.15	1.50 1.50 1.50 1.65
2025	5.55	1.25 1.40 1.40 1.50
2024	4.60	1.05 1.15 1.15 1.25
2023	5.10	1.00 1.00 1.00 1.05 1.05
2022	4.00	1.00 1.00 1.00 1.00
2021	3.70	0.90 0.90 0.90 1.00
2020	3.60	0.90 0.90 0.90 0.90
2019	3.30	0.80 0.80 0.80 0.90
2018	2.48	0.56 0.56 0.56 0.80
2017	2.04	0.48 0.50 0.50 0.56
2016	1.84	0.44 0.44 0.48 0.48

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,440,910	1,402,102	1,482,637	1,818,026
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	2,849,559	2,826,968	3,061,900	3,514,275

	2023	2024	2025	Q'26
Payables	2,690,995	2,686,704	2,876,114	3,097,990
ST’ Debt	—	—	—	—
Other	180,428	192,883	216,019	275,136
	3,132,670	3,229,315	3,599,305	4,150,474

Compound Annual Growth %

	10y	5y	3y
Sales	10.75%	16.63%	21.89%
Cash Flow	0.00%	0.00%	0.00%
Earnings	9.41%	15.23%	15.76%
Book Value	3.89%	5.35%	7.43%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	73,661	82,460	—	—	—
’25	68,890	69,944	71,900	69,611	280,345
’24	66,290	75,967	69,665	66,984	278,906
’23	54,642	61,172	61,704	61,907	239,425
’22	32,341	34,233	40,809	47,409	154,792
’21	33,648	31,832	31,047	30,675	127,202
’20	33,008	35,334	30,942	30,627	129,911

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(211,761)	(25,283)	—	—	—
’25	(251,839)	29,547	(45,214)	119,724	(147,782)
’24	(154,158)	38,469	(74,081)	147,758	(42,012)
’23	(111,241)	18,865	45,119	60,231	12,974
’22	(41,917)	66,018	(18,204)	101,222	107,119
’21	(43,872)	13,530	23,331	85,095	78,084
’20	(120,089)	82,919	(14,688)	(28,052)	(79,910)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(211,761)	(25,283)	—	—	—
’25	(251,839)	29,547	(45,214)	119,724	(147,782)
’24	(154,158)	38,469	(74,081)	147,758	(42,012)
’23	(111,241)	18,865	45,119	60,231	12,974
’22	(41,917)	66,018	(18,204)	101,222	107,119
’21	(43,872)	13,530	23,331	85,095	78,084
’20	(120,089)	82,919	(14,688)	(28,052)	(79,910)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	5.94	7.70	—	—	—
’25	5.07	5.24	5.07	4.63	20.02
’24	4.44	6.12	4.37	4.81	19.75
’23	4.10	4.75	4.33	3.04	16.23
’22	2.63	2.76	3.12	3.57	12.09
’21	4.50	3.78	3.74	3.33	15.36
’20	0.78	1.38	2.92	3.79	8.88

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	52.50	81.64	91.11	95.94	76.91	123.77	101.28	123.11	164.30	202.16	Analyst estimates 2026–2028 Powerpack
	High	87.39	108.46	119.33	140.08	141.10	172.96	169.81	170.69	254.31	330.86
People
People	Employees	243,355	252,539	256,105	256,981	255,351	271,025	293,723	309,926	317,233	318,512
	Revenue/emp, $m	0.44	0.45	0.51	0.55	0.51	0.47	0.53	0.77	0.88	0.88
Income, $m
Income, $m	Revenue	106,387	114,579	129,824	142,515	129,911	127,202	154,792	239,425	278,906	280,345
	Gross margin, %	90.77	87.89	83.79	81.20	92.33	95.63	83.14	66.03	63.66	65.08
	EBT	34,536	35,900	40,764	44,866	35,815	59,562	46,166	61,612	75,081	72,595
	EBT margin, %	32.46	31.33	31.40	31.48	27.57	46.82	29.82	25.73	26.92	25.89
	Net income	24,733	24,441	32,474	36,431	29,131	48,334	37,676	49,552	58,471	57,048
	Depreciation	5,478	6,179	7,791	8,368	8,614	7,932	7,051	7,512	7,938	8,821
Per share, $
Per share, $	Revenue	29.08	32.26	38.22	44.24	42.15	42.10	52.19	81.48	97.05	100.97
	Earnings	6.24	6.35	9.04	10.75	8.89	15.39	12.10	16.25	19.79	20.05
	Cash flow	5.98	(3.05)	4.60	1.27	(25.92)	25.84	36.12	4.42	(14.62)	(53.23)
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	5.98	(3.05)	4.60	1.27	(25.92)	25.84	36.12	4.42	(14.62)	(53.23)
	Book value	69.47	71.99	75.53	81.12	90.63	97.34	98.57	111.58	119.96	130.54
	Shares, m	3,659	3,552	3,396	3,222	3,082	3,022	2,966	2,939	2,874	2,777
Valuation, ×
Valuation, ×	P/E	13.96	17.03	10.81	12.97	14.26	10.30	11.15	10.60	12.12	16.07
	P/S	3.00	3.35	2.55	3.15	3.02	3.76	2.59	2.11	2.47	3.19
	P/B	1.40	1.67	1.44	1.92	1.57	1.85	1.51	1.68	2.12	2.61
	EV/Sales	(3.55)	(3.00)	(3.08)	(1.00)	(5.03)	(5.16)	(4.13)	(2.27)	(1.12)	(0.54)
	EV/FCF	(17.24)	31.78	(25.65)	(34.68)	8.18	(8.41)	(5.97)	(41.88)	7.42	1.03
Cash, $m
Cash, $m	Operating cash flow	21,884	(10,827)	15,614	4,092	(79,910)	78,084	107,119	12,974	(42,012)	(147,782)
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	21,884	(10,827)	15,614	4,092	(79,910)	78,084	107,119	12,974	(42,012)	(147,782)
Balance, $m
Balance, $m	Working capital	22,561	28,646	(5,341)	(176,877)	(404,093)	(537,680)	(487,201)	(283,111)	(402,347)	(537,405)
	Total debt	295,245	284,080	282,031	291,498	281,685	301,005	295,865	391,825	401,418	435,206
	Net debt	(696,487)	(727,490)	(732,064)	(590,977)	(1,045,334)	(1,135,102)	(1,040,760)	(1,049,085)	(1,000,684)	(1,047,431)
	Shareholders’ equity	254,190	255,693	256,515	261,330	279,354	294,127	292,332	327,878	344,758	362,438
Returns, %
Returns, %	ROA	0.94	0.90	1.19	1.30	0.90	1.30	0.97	1.27	1.44	1.32
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	ROE	10.16	9.86	13.35	14.91	11.34	18.29	13.69	16.89	18.19	16.69

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
JPM JPMorgan Chase & Co.	$881.0B	14.2×	14.0×	+17.89% (above 0%: growing)	+46.86% (above 0%: growing)	−185.57% (below 0%: shrinking)	69.55%	0.00%
BAC Bank of America Corporation	$374.9B	12.3×	12.0×	+3.67% (above 0%: growing)	+35.56% (above 0%: growing)	+418.04% (above 0%: growing)	63.89%	0.00%	Compare
SMFG Sumitomo Mitsui Financial Group Inc	$318.2B	9.5×	—	+17.73% (above 0%: growing)	+85.19% (above 0%: growing)	−63.80% (below 0%: shrinking)	58.44%	0.00%	Compare
HSBC HSBC Holdings plc	$317.4B	13.1×	—	−18.77% (below 0%: shrinking)	−24.07% (below 0%: shrinking)	+75.40% (above 0%: growing)	100.00%	0.00%	Compare
MUFG Mitsubishi UFJ Financial Group, Inc.	$253.0B	17.4×	—	+21.62% (above 0%: growing)	+32.35% (above 0%: growing)	−145.30% (below 0%: shrinking)	61.56%	0.00%	Compare
WFC Wells Fargo & Company	$248.1B	12.1×	11.7×	+10.37% (above 0%: growing)	+25.47% (above 0%: growing)	+160.40% (above 0%: growing)	67.35%	0.00%	Compare
C Citigroup Inc.	$214.9B	13.9×	12.2×	+6.97% (above 0%: growing)	+56.72% (above 0%: growing)	+33.24% (above 0%: growing)	54.67%	0.00%	Compare
SAN Banco Santander, S.A.	$196.1B	10.9×	10.1×	+4.44% (above 0%: growing)	+8.00% (above 0%: growing)	−105.65% (below 0%: shrinking)	100.00%	0.00%	Compare
UBS UBS Group AG	$144.1B	15.7×	14.4×	−40.29% (below 0%: shrinking)	+21.33% (above 0%: growing)	−53.01% (below 0%: shrinking)	100.00%	0.00%	Compare
Median of peers	$250.5B	12.7×	12.0×	+5.71%	+28.91%	−9.89%	65.62%	0.00%

All 14 Banks Diversified stocks →

JPMorgan Chase & Co. (JPM) key facts

Concern: Net income was $57.0 billion, or $20.05 per share (basic), a net margin of 19.9%.
Strength: JPMorgan Chase & Co.’s revenue for fiscal 2025 (year ended December 2025) was $280.3 billion, up 0.52% from fiscal 2024.
JPMorgan Chase & Co. (JPM) is a Banks Diversified company in the Financial sector, listed on the New York Stock Exchange.
As of October 9, 2026, JPM traded at $332.99, a market capitalization of $881.0 billion.
At that price the stock trades at 14.2× trailing-twelve-month earnings and 3.0× sales; its P/E is higher than 76% of its own readings over the past ten years.
JPMorgan Chase & Co. pays an annual dividend of $6.15 per share, a yield of 1.85%, with a payout ratio of 26.4%.
Return on equity was 16.7% and debt-to-equity 1.23.
Its Piotroski F-score is 3 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Financial Analysis (summary)

Updated 25 September 2026

JPMorgan Chase reported revenue of $280.3 billion and net income of $57.0 billion in FY2025. In Q2 FY2026, revenue was $82.5 billion, net income was $21.2 billion and diluted EPS was $7.70. Trailing-twelve-month revenue to Q2 FY2026 was $297.6 billion.

FY2025 operating cash flow and free cash flow were both −$147.8 billion, while the company returned $48.2 billion to shareholders. At Q2 FY2026, net debt was −$1.36 trillion, and the current ratio was 0.8×.

Read the full analysis →