Jpmorgan Chase & CoJpmorgan Chase & Co
Jpmorgan Chase & Co

Jpmorgan Chase & Co

JPM

JPMorgan Chase & Co is a financial holding company. It provides financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research. It operates through the following segments: Consumer and Community Banking, Corporate and Investment Bank, Commercial Banking, and Asset and Wealth Management. The Consumer and Community Banking segment serves consumers and businesses through personal service at bank branches and through automated teller machine, online, mobile, and telephone banking. The Corporate and Investment Bank segment offers a suite of investment banking, market-making, prime brokerage, and treasury and securities products and services to a global client base of corporations, investors, financial institutions, government and municipal entities. The Commercial Banking segment delivers services to U.S. and its multinational clients, including corporations, municipalities, financial institutions, and non profit entities. It also provides financing to real estate investors and owners as well as financial solutions, including lending, treasury services, investment banking, and asset management. The Asset and Wealth Management segment provides asset and wealth management services. The company was founded in 1968 and is headquartered in New York, NY.

Market cap
$882.4BNo data
Revenue
$182.4B+2.8% YoY
Net income
$57B−2.4% YoY
Free cash flow
$-147.8B−251.8% YoY

Market

Listed stock
Tokenized stocks
JPMPriceNYSE
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Financial performance

Revenue
$182.4B+2.8% YoY
Operating income
$36B+6.7% YoY
Net income
$57B−2.4% YoY
Free cash flow
$-147.8B−251.8% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $121.6B, 2022 $128.7B, 2023 $158.1B, 2024 $177.6B, 2025 $182.4B. Operating income: 2021 $80.2B, 2022 $72.1B, 2023 $51.8B, 2024 $33.8B, 2025 $36B. Net income: 2021 $48.3B, 2022 $37.7B, 2023 $49.6B, 2024 $58.5B, 2025 $57B. Free cash flow: 2021 $78.1B, 2022 $107.1B, 2023 $13B, 2024 $-42B, 2025 $-147.8B. Reference line: Reference at $0.

Growth & profitability

Revenue growth
2.8%−955 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-12-31 $80.2B, 2022-12-31 $72.1B, 2023-12-31 $51.8B, 2024-12-31 $33.8B, 2025-12-31 $36B. Net income: 2021-12-31 $48.3B, 2022-12-31 $37.7B, 2023-12-31 $49.6B, 2024-12-31 $58.5B, 2025-12-31 $57B. Free cash flow: 2021-12-31 $78.1B, 2022-12-31 $107.1B, 2023-12-31 $13B, 2024-12-31 $-42B, 2025-12-31 $-147.8B

Growth heatmap

2022202320242025CAGR
Revenue
+5.8%
+22.9%
+12.3%
+2.8%
+10.7%
Gross profit
+8.8%
+21.6%
+12.2%
+0.8%
+10.6%
Operating income
-10.2%
-28.2%
-34.7%
+6.7%
-18.1%
Free cash flow
+37.2%
-87.9%
-423.8%
-251.8%
No data

Earnings quality

Operating cash flow
$-147.8B−251.8% YoY
Net income
$57B−2.4% YoY
Free cash flow
$-147.8B−251.8% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 -259%, 2024-12-31 -72%, 2023-12-31 26%, 2022-12-31 284%, 2021-12-31 162%. Free cash flow: 2025-12-31 -259%, 2024-12-31 -72%, 2023-12-31 26%, 2022-12-31 284%, 2021-12-31 162%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
No data
No data
Price to sales
No data
No data
No data
No data
EV / EBITDA
No data
No data
No data
No data
Free cash flow yield
No data
No data
No data
No data