Citigroup Inc. (C) vs JPMorgan Chase & Co. (JPM)

Citigroup Inc. and JPMorgan Chase & Co. are both Banks Diversified companies. JPMorgan Chase & Co. is the larger, with a market value of $902.3B against $222.2B — 4.1× the size. Citigroup Inc. trades at the lower P/E: 14.4× against 14.7×. JPMorgan Chase & Co. grew revenue faster over the last twelve months: 8.04% against 4.01%. JPMorgan Chase & Co. has the higher net margin (21.4% vs 9.44%) and the higher return on invested capital (0.00% vs 0.00%). Both pay a dividend; Citigroup Inc. yields more (3.96% vs 2.49%). Across the 18 metrics below, Citigroup Inc. leads on 10 and JPMorgan Chase & Co. on 8.

Valuation

Metric C JPM Banks Diversified median
P/E 14.42 14.67 13.67
P/S 1.31 3.10 2.72
P/B 1.17 2.61 1.69
Price to free cash flow n/m n/m 4.53
EV/EBITDA n/m n/m —
EV/Sales (4.84) (1.46) —
Earnings yield 6.93% 6.82% 7.33%
Free cash flow yield (10.69%) (17.61%) 7.63%

Profitability

Metric C JPM Banks Diversified median
Gross margin 52.38% 67.00% 67.18%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.44% 21.38% 18.44%
Free cash flow margin (14.00%) (54.61%) 1.96%
Return on equity 8.38% 18.43% 11.14%
Return on assets 0.60% 1.33% 0.74%
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric C JPM Banks Diversified median
Revenue growth (TTM) 4.01% 8.04% 4.67%
EPS growth (last fiscal year) 17.68% 1.37% —
Revenue growth, 5-year CAGR 13.63% 16.63% 14.34%
Net income growth, 5-year CAGR 5.68% 15.23% 10.77%

Health

Metric C JPM Banks Diversified median
Debt to equity 1.56 1.23 1.39
Current ratio 1.05 0.85 0.87
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric C JPM Banks Diversified median
Dividend yield 3.96% 2.49% 3.80%
Payout ratio 0.32 0.26 0.31

Size

Metric C JPM Banks Diversified median
Market cap 222.18b 902.32b 186.46b

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