JPMORGAN CHASE & CO

JPM· NYSE, NYSE, NYSE, NYSE, NYSE, NYSE, NYSE, NYSE, NYSE· National Commercial Banks

Market cap
–
P/FCF
–
EV/Sales
–
FCF margin
–
ROIC, 5 yr avg
–
Revenue, 5 yr CAGR
+8.7%
We record prices for the companies we cover; JPM is not one of them yet.

Company statistics

From the 10-Ks, computed in code · point at a figure for its formula

Profile · FY2025

Market cap
–
Enterprise value
–
Diluted shares
2.78B
Revenue
$182.4B
Free cash flow
–
Owner earnings
–

Valuation · FY2025

P/E
–
P/FCF
–
P/Owner earnings
–
EV/Sales
–
EV/FCF
–
P/B
–

Margins · FY2025

Gross
–
Operating
–
Net
31.3%
Free cash flow
–
Owner earnings
–
Stock pay
2.0%

Returns

ROIC, FY2025
–
ROIC, 5 yr avg
–
ROE, FY2025
15.7%
ROE, 5 yr avg
15.4%

Growth (CAGR)

Revenue, 3 yr
12.3%
Revenue, 5 yr
8.7%
Revenue, 9 yr
7.3%
Diluted EPS, 3 yr
18.3%
Diluted EPS, 5 yr
17.7%
Diluted EPS, 9 yr
13.9%
Free cash flow, 3 yr
–
Free cash flow, 5 yr
–
Free cash flow, 9 yr
–

Financial health · FY2025

Cash and investments
$343.3B
Total debt
–
Net cash
–
Debt/Equity
–
Debt/FCF
–

Shareholder returns · FY2025

Dividend yield
–
Payout ratio
29.1%
Buyback yield
–
Shareholder yield
–
Share count, 5 yr
-2.1%

Financials: ten years from the 10-Ks

Reported numbers open their filing · computed ones show the formula · ˢ split-adjusted

Revenue

$182.4B

+7.3% a year over 9 years

FY2016: Revenue $96.6BFY2017: Revenue $100.7BFY2018: Revenue $108.8BFY2019: Revenue $115.7BFY2020: Revenue $120.0BFY2021: Revenue $121.6BFY2022: Revenue $128.7BFY2023: Revenue $158.1BFY2024: Revenue $177.6BFY2025: Revenue $182.4B
FY2016FY2025

Margins

31.3%

FY2025

FY2016: Net 25.6%FY2017: Net 24.3%FY2018: Net 29.9%FY2019: Net 31.5%FY2020: Net 24.3%FY2021: Net 39.7%FY2022: Net 29.3%FY2023: Net 31.3%FY2024: Net 32.9%FY2025: Net 31.3%
FY2016FY2025

Diluted shares

2.78B

-24.6% over 9 years, net buybacks

FY2016: Diluted shares 3.69BFY2017: Diluted shares 3.58BFY2018: Diluted shares 3.41BFY2019: Diluted shares 3.23BFY2020: Diluted shares 3.09BFY2021: Diluted shares 3.03BFY2022: Diluted shares 2.97BFY2023: Diluted shares 2.94BFY2024: Diluted shares 2.88BFY2025: Diluted shares 2.78B
FY2016FY2025

Every figure, year by year

Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
The business
Revenue$96.6B$100.7B$108.8B$115.7B$120.0B$121.6B$128.7B$158.1B$177.6B$182.4B
Revenue growth3.2%4.3%8.0%6.4%3.7%1.4%5.8%22.9%12.3%2.8%
Gross margin––––––––––
Operating margin––––––––––
Net income$24.7B$24.4B$32.5B$36.4B$29.1B$48.3B$37.7B$49.6B$58.5B$57.0B
Net margin25.6%24.3%29.9%31.5%24.3%39.7%29.3%31.3%32.9%31.3%
Diluted EPS$6.19$6.31$9.00$10.72$8.88$15.36$12.09$16.23$19.75$20.02
Return on invested capital?––––––––––
Cash
Operating cash flow$21.9B-$10.8B$15.6B$4.1B-$79.9B$78.1B$107.1B$13.0B-$42.0B-$147.8B
Capital expenditure––––––––––
Free cash flow––––––––––
Stock-based compensation$1.9B$2.1B$2.3B$2.3B$2.5B$2.9B$2.8B$3.1B$3.5B$3.6B
Owner earnings?––––––––––
Free cash flow per share––––––––––
Capital allocation
Dividends paid$8.5B$9.0B$10.1B$12.3B$12.7B$12.9B$13.6B$13.5B$14.8B$16.6B
Share repurchases$9.1B$15.4B$20.0B$24.0B$6.5B$18.4B$3.2B$9.8B$18.8B$31.6B
Diluted shares3.69B3.58B3.41B3.23B3.09B3.03B2.97B2.94B2.88B2.78B
Share count change?-2.2%-3.1%-4.6%-5.4%-4.4%-2.0%-1.9%-0.9%-2.2%-3.4%
Balance sheet
Cash and equivalents$391.2B$431.3B$278.8B$263.6B$527.6B$740.8B$567.2B$624.2B$469.3B$343.3B
Short-term investments––––––––––
Total debt––––––––––
Net debt––––––––––
Shareholders' equity$254.2B$255.7B$256.5B$261.3B$279.4B$294.1B$292.3B$327.9B$344.8B$362.4B

Latest filings

All on EDGAR
2026-10-138-KEarnings release
2026-08-0610-QQuarterly report
2026-07-148-KEarnings release
2026-05-0110-QQuarterly report
2026-04-148-KEarnings release
2026-04-06DEF 14AProxy statement
2026-02-1310-KAnnual report
2026-01-138-KEarnings release
2025-11-0410-QQuarterly report
2025-10-148-KEarnings release

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