Jpmorgan Chase & Co

Finance
Major Banks
www.jpmorganchase.com

Earnings Score
Moat Score

Market Cap $737.27B
PE 13
Debt $472.20B
Cash $425.90B
EV $783.57B
FCF -

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$58.24B
EBIT	$76.20B
ROE	17%
ROA	2%
Equity	$351.42B
Growth Stability	94%
PE	12.66
PEG	0.83
PB	2.1
P/S	4.07
Price/Cash	0.58
Debt/Equity	1.34
Net Margins	32%
Op. Margins	42%
Earnings CAGR	11%
Sales Growth YoY	8%
Sales Growth QoQ	6%
Sales CAGR	7%
Equity CAGR	4%
Earnings Stability	0.82
Earnings Growth YoY	11%
Earnings Growth QoQ	5%

Earnings CAGR 5Y	15%
Sales CAGR 5Y	11%
Equity CAGR 5Y	6%
Earnings CAGR 3Y	17%
Sales CAGR 3Y	17%
Equity CAGR 3Y	9%
Market Cap	$737.27B
Revenue	$180.93B
Dividend Yield	2%
Payout Ratio	26%
Assets	$4.36T
Total Debt	$472.20B
Cash	$425.90B
Shares Outstanding	2.78B
EV	783.57B
Earnings Score	92%
Moat Score	70%
Shares Growth 3y	-2%
Equity Growth QoQ	2%
Equity Growth YoY	4%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segmentsconsumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.

SEC Filings

Direct access to Jpmorgan Chase & Co (JPM) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2025
- 10-Q Mar 31
2024
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30

Sector Comparison

How does Jpmorgan Chase & Co compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Jpmorgan Chase & Co compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 11%

Stability 82%

loading chart...

Jpmorgan Chase & Co Discounted Cash Flow

Fully customizable DCF calculator online for Jpmorgan Chase & Co.

Years

Calculation mode

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
DCF		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Value	$0

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	TTM
Net Margins	24%	24%	23%	28%	30%	23%	38%	28%	30%	32%	32%
ROA	-	2%	2%	2%	3%	1%	2%	1%	2%	2%	2%
ROE	-	9%	9%	12%	13%	10%	16%	12%	15%	16%	17%

Good Net Margins (31.6%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	TTM
Debt over FCF	-	-	-	-	-	-	-	-	-	-	-
Debt over Equity	1.17	1.3	1.31	1.37	1.27	1.17	1.21	1.16	1.33	1.32	1.34
Growth Stability	-	-	-	100%	100%	94%	100%	99%	100%	100%	94%

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Neutral Debt/Equity ratio (1.34)

The company has a balance between equity and debt that is not too good nor too bad.

Good Graham’s Stability (94%)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	CAGR 5Y
Revenue YoY growth	-	2%	4%	9%	6%	3%	2%	6%	23%	12%	11%
Earnings YoY growth	-	1%	-0%	36%	13%	-21%	70%	-23%	33%	19%	15%
Equity YoY growth	-	3%	1%	0%	2%	7%	5%	-1%	12%	5%	6%
FCF YoY growth	-	-	-	-	-	-	-	-	-	-	-