| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $280.35B | $270.79B | $236.27B | $153.82B | $127.24B | $129.84B | $142.51B | $129.82B |
| Cost of Revenue | $112.11B | $112.00B | $90.60B | $32.43B | $-3.67B | $27.37B | $32.38B | $25.91B |
| Gross Profit | $168.24B | $158.78B | $145.67B | $121.39B | $130.91B | $102.47B | $110.14B | $103.91B |
| Gross Margin | 60.01% | 58.64% | 61.65% | 78.92% | 102.88% | 78.92% | 77.28% | 80.04% |
| Operating Expenses | $95.64B | $83.70B | $84.06B | $75.23B | $71.34B | $66.66B | $65.27B | $63.15B |
| Operating Income | $72.59B | $75.08B | $61.61B | $46.17B | $59.56B | $35.81B | $44.87B | $40.76B |
| Operating Margin | 25.89% | 27.73% | 26.08% | 30.01% | 46.81% | 27.58% | 31.48% | 31.40% |
| Net Income | $57.05B | $58.47B | $49.55B | $37.68B | $48.33B | $29.13B | $36.43B | $32.47B |
| Net Margin | 20.35% | 21.59% | 20.97% | 24.49% | 37.99% | 22.44% | 25.56% | 25.01% |
| EPS (Basic) | $20.09 | $19.79 | $16.25 | $12.10 | $15.39 | $8.89 | $10.75 | $9.04 |
| EBITDA | $72.59B | $83.02B | $69.12B | $53.22B | $67.49B | $44.43B | $53.23B | $48.55B |
| Stock Option Compensation Expense | N/A | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Price To Earnings Ratio | 0.00 | 11.78 | 10.09 | 10.56 | 9.90 | 13.45 | 12.33 | 10.21 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $0.00 | $688.90B | $499.86B | $397.71B | $478.45B | $391.68B | $449.08B | $331.56B |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $4.42T | $4.00T | $3.88T | $3.67T | $3.74T | $3.38T | $2.69T | $2.62T |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $4.06T | $3.66T | $3.55T | $3.37T | $3.45T | $3.11T | $2.43T | $2.37T |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $362.44B | $344.76B | $327.88B | $292.33B | $294.13B | $279.35B | $261.33B | $256.51B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $362.44B | $344.76B | $327.88B | $292.33B | $294.13B | $279.35B | $261.33B | $256.51B |
| Total Liabilities & Stockholders Equity | $4.42T | $4.00T | $3.88T | $3.67T | $3.74T | $3.38T | $2.69T | $2.62T |
| Book Value Per Share | $0.00 | $119.96 | $111.58 | $98.57 | $97.34 | $90.63 | $81.12 | $75.53 |
| Tangible Book Value Per Share | $0.00 | $97.50 | $89.67 | $78.05 | $78.58 | $73.30 | $64.56 | $59.52 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 1.29% | 1.46% | 1.28% | 1.03% | 1.29% | 0.86% | 1.36% | 1.24% |
| Return on Equity | 15.74% | 16.96% | 15.11% | 12.89% | 16.43% | 10.43% | 13.94% | 12.66% |
| Return on Invested Capital | 7.70% | 5.14% | 4.87% | 4.39% | 5.60% | 3.44% | 4.54% | 3.98% |
| Quick Ratio | 9.89 | 0.30 | 0.30 | 0.29 | 0.36 | 0.35 | 0.32 | 0.28 |
| Current Ratio | 9.89 | 0.30 | 0.30 | 0.29 | 0.36 | 0.35 | 0.32 | 0.28 |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $57.05B | $58.47B | $49.55B | $37.68B | $48.33B | $29.13B | $36.43B | $32.47B |
| Depreciation | $0.00 | $7.94B | $7.51B | $7.05B | $7.93B | $8.61B | $8.37B | $7.79B |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $0.00 | $-42.01B | $12.97B | $107.12B | $78.08B | $-79.91B | $4.09B | $15.61B |
| Capital Expenditures | N/A | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | N/A | $14.78B | $13.46B | $13.56B | $12.86B | $12.69B | $12.34B | $10.11B |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | N/A | $28.68B | $9.82B | $10.60B | $20.98B | $7.95B | $28.08B | $21.68B |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | $-42.01B | $12.97B | $107.12B | $78.08B | $-79.91B | $4.09B | $15.61B |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
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.
Why it moved over time
JPMorgan shares ticked after the bank reported record Q2 2026 earnings of $21.2 billion ($7.70 per share) as CEO Jamie Dimon warned about rising macro risks that could pressure markets.
Key fact: JPMorgan reported record Q2 2026 earnings of $21.2 billion, or $7.70 per share.
The Motley Fool: Ready to Buy Bonds? Here's How to Choose from These 3 Bond Funds.