JPM
JPMorgan Chase & Co
NYSE: JPM · FINANCIAL SERVICES · BANKS - DIVERSIFIED
$313.23
+1.29% today
Updated 2026-04-30
Market cap
$828.64B
P/E ratio
14.79
P/S ratio
4.77x
EPS (TTM)
$20.91
Dividend yield
1.89%
52W range
$244 – $334
Volume
9.8M
JPMorgan Chase & Co (JPM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $99.86B | $116.35B | $101.49B | $115.63B | $115.47B | $110.84B | $108.07B | $106.72B | $103.01B | $101.01B | $106.39B | $114.58B | $129.82B | $142.51B | $129.84B | $127.24B | $153.82B | $236.27B | $270.79B | $279.75B |
| Revenue growth (YoY) | — | +16.5% | -12.8% | +13.9% | -0.1% | -4.0% | -2.5% | -1.3% | -3.5% | -1.9% | +5.3% | +7.7% | +13.3% | +9.8% | -8.9% | -2.0% | +20.9% | +53.6% | +14.6% | +3.3% |
| Cost of revenue | $41.13B | $51.84B | $55.22B | $47.21B | $29.42B | $21.18B | $14.43B | $9.57B | $11.04B | $11.29B | $15.18B | $19.16B | $25.91B | $32.38B | $27.37B | $-3.67B | $32.43B | $90.60B | $112.00B | $112.14B |
| Gross profit | $58.73B | $64.51B | $46.27B | $68.42B | $86.06B | $89.66B | $93.65B | $97.14B | $91.97B | $89.72B | $91.21B | $95.42B | $103.91B | $110.14B | $102.47B | $130.91B | $121.39B | $145.67B | $158.78B | $167.61B |
| Gross margin | 58.8% | 55.4% | 45.6% | 59.2% | 74.5% | 80.9% | 86.6% | 91.0% | 89.3% | 88.8% | 85.7% | 83.3% | 80.0% | 77.3% | 78.9% | 102.9% | 78.9% | 61.7% | 58.6% | 59.9% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | $21.19B | $22.69B | $22.75B | $26.93B | $28.12B | $29.04B | $30.59B | $30.81B | $30.16B | $29.75B | $30.20B | $31.21B | $33.12B | $34.16B | $34.99B | $38.57B | $41.64B | $46.47B | $51.36B | $54.49B |
| Operating income | $19.89B | $22.80B | $2.77B | $16.07B | $24.86B | $26.75B | $28.92B | $26.68B | $30.70B | $30.70B | $34.54B | $35.90B | $40.76B | $44.87B | $35.81B | $59.56B | $46.17B | $61.61B | $75.08B | $72.59B |
| Operating margin | 19.9% | 19.6% | 2.7% | 13.9% | 21.5% | 24.1% | 26.8% | 25.0% | 29.8% | 30.4% | 32.5% | 31.3% | 31.4% | 31.5% | 27.6% | 46.8% | 30.0% | 26.1% | 27.7% | 26.0% |
| EBITDA | $23.46B | $26.63B | $7.30B | $20.43B | $29.82B | $31.85B | $34.06B | $31.98B | $35.46B | $35.64B | $40.01B | $42.08B | $48.55B | $53.23B | $44.43B | $67.49B | $53.22B | $69.12B | $83.02B | $81.42B |
| EBITDA margin | 23.5% | 22.9% | 7.2% | 17.7% | 25.8% | 28.7% | 31.5% | 30.0% | 34.4% | 35.3% | 37.6% | 36.7% | 37.4% | 37.4% | 34.2% | 53.0% | 34.6% | 29.3% | 30.7% | 29.1% |
| EBIT | $19.89B | $22.80B | $2.77B | $16.07B | $24.86B | $26.75B | $28.92B | $26.68B | $30.70B | $30.70B | $34.54B | $35.90B | $40.76B | $44.87B | $35.81B | $59.56B | $46.17B | $61.61B | $75.08B | $72.59B |
| Interest expense | $37.87B | $44.98B | $34.24B | $15.20B | $12.78B | $13.60B | $11.04B | $9.35B | $7.90B | $7.46B | $9.82B | $13.87B | $21.04B | $26.80B | $9.96B | $5.55B | $26.10B | $81.32B | $101.35B | $97.90B |
| Income tax | $6.24B | $7.44B | $-926.00M | $4.42B | $7.49B | $7.77B | $7.63B | $8.79B | $8.95B | $6.26B | $9.80B | $11.46B | $8.29B | $8.44B | $6.68B | $11.23B | $8.49B | $12.06B | $16.61B | $15.55B |
| Effective tax rate | 30.2% | 32.6% | -19.8% | 30.6% | 31.3% | 29.9% | 27.1% | 32.9% | 29.2% | 20.4% | 28.4% | 31.9% | 20.3% | 18.8% | 18.7% | 18.9% | 18.4% | 19.6% | 22.1% | 21.4% |
| Net income | $14.44B | $15.37B | $5.61B | $10.03B | $16.41B | $18.20B | $20.53B | $17.89B | $21.75B | $24.44B | $24.73B | $24.44B | $32.47B | $36.43B | $29.13B | $48.33B | $37.68B | $49.55B | $58.47B | $57.05B |
| Net income growth (YoY) | — | +6.4% | -63.5% | +78.9% | +63.7% | +10.9% | +12.8% | -12.9% | +21.6% | +12.4% | +1.2% | -1.2% | +32.9% | +12.2% | -20.0% | +65.9% | -22.1% | +31.5% | +18.0% | -2.4% |
| Profit margin | 14.5% | 13.2% | 5.5% | 8.7% | 14.2% | 16.4% | 19.0% | 16.8% | 21.1% | 24.2% | 23.2% | 21.3% | 25.0% | 25.6% | 22.4% | 38.0% | 24.5% | 21.0% | 21.6% | 20.4% |