JPMorgan Chase & Co (JPM)

JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, payment solutions, travel services, merchant offers, lifestyle benefits, auto loans, and leases to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking, market-making, financing, custody, and securities products and services; corporate strategy and structure advisory, equity and debt market capital-raising, and loan origination and syndication services; cash and derivative instruments, risk management solutions, prime brokerage, clearing, and research; and fund services, liquidity and trading services, and data solutions products for large corporations, financial institutions, merchants, start-ups, small and midsized companies, local governments, municipalities, nonprofits, and commercial real estate clients. In addition, the company offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; retirement products and services, estate planning, lending, deposits, and investment management products to high-net-worth clients; and financial transaction processing. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

Symbol: JPM
Exchange: NYSE
Sector: Financial Services
Industry: Banks - Diversified
Market cap: $882.54B
52 week range: 279.1 - 366.5

Valuation

Share price: $333.18 (close of 2026-10-01)
P/E (TTM): 14.20x
Price to book: 2.36x
Price to free cash flow: -5.43x
Enterprise value: $1.11T
Book value per share: $140.92

Price performance

Period	Change
1 day	+0.71%
5 days	-1.59%
1 month	-6.13%
3 months	-0.27%
6 months	+12.80%
Year to date	+3.40%
1 year	+7.23%
3 years	+129.75%
5 years	+99.35%
10 years	+400.35%
All time	+6510.71%

Members of Congress who disclosed JPM trades

Lisa McClain · Marjorie Taylor Greene · Val Hoyle · David Taylor · John Boozman · Scott Franklin · Bruce Westerman · Byron Donalds · Gilbert Ray Cisneros · Jefferson Shreve · Katie Boyd Britt · Ritchie Torres

And 15 others

Super investors holding JPM

Andreas Halvorsen (Viking Global Investors) · Ken Griffin (Citadel) · Mairs & Power (Mairs & Power Inc) · David Katz (Matrix Asset Advisors Inc) · Thomas Russo (Gardner Russo & Quinn LLC) · Glenn Greenberg (Brave Warrior Advisors, LLC) · Kahn Brothers (Kahn Brothers Group)

Profitability and growth

Return on equity: 15.74%
Return on assets: 1.29%
Net margin: 31.27%
EBITDA margin: 98.28%
Revenue growth: 2.75%
Net income growth: -2.43%
Free cash flow growth: -251.76%

Cash flow and balance sheet

Free cash flow yield (TTM): -18.42%
Net debt to EBITDA: 1.21x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $182.45B
EBITDA: $179.31B
Net income: $57.05B
Earnings per share: $20.05
Interest expense: $97.90B
Shares outstanding: 2.78B

Income statement by year

Period end	Revenue	Net income	EPS
2025-12-31	$182.45B	$57.05B	$20.05
2024-12-31	$177.56B	$58.47B	$19.79
2023-12-31	$158.10B	$49.55B	$16.25
2022-12-31	$128.69B	$37.68B	$12.10
2021-12-31	$121.65B	$48.33B	$15.39
2020-12-31	$119.95B	$29.13B	$8.89
2019-12-31	$115.72B	$36.43B	$10.75
2018-12-31	$108.78B	$32.47B	$9.04
2017-12-31	$100.70B	$24.44B	$6.35
2016-12-31	$96.57B	$24.73B	$6.24

Margins and returns by year

Period end	Net margin	Return on equity
2025-12-31	31.27%	15.74%
2024-12-31	32.93%	16.96%
2023-12-31	31.34%	15.11%
2022-12-31	29.28%	12.89%
2021-12-31	39.73%	16.43%
2020-12-31	24.29%	10.43%
2019-12-31	31.48%	13.94%
2018-12-31	29.85%	12.66%
2017-12-31	24.27%	9.56%
2016-12-31	25.61%	9.73%

Cash and debt by year

Period end	Cash
2025-12-31	$343.34B
2024-12-31	$469.32B
2023-12-31	$624.15B
2022-12-31	$567.23B
2021-12-31	$740.83B
2020-12-31	$527.61B
2019-12-31	$263.63B
2018-12-31	$278.79B
2017-12-31	$431.30B
2016-12-31	$391.15B

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	-$147.78B	$3.61B
2024-12-31	-$42.01B	$3.50B
2023-12-31	$12.97B	$3.12B
2022-12-31	$107.12B	$2.79B
2021-12-31	$78.08B	$2.93B
2020-12-31	-$79.91B	$2.45B
2019-12-31	$4.09B	$2.26B
2018-12-31	$15.61B	$2.32B
2017-12-31	-$10.83B	$2.07B
2016-12-31	$21.88B	$1.94B