JPMorgan Chase & Co
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 16.5 | 13.0 | 16.3 | 8.6 | 15.6 | 43.5 | 29.0 | 11.2 | 24.9 | 16.6 | 12.0 | 9.8 | 20.3 | 16.1 | 10.3 | 7.2 | 8.2 | 12.5 | 10.9 | 10.2 | 12.7 | 15.6 | 10.3 | 12.4 | 13.5 | 9.9 | 10.6 | 10.1 | 11.8 | 15.8 | |
| 1.5 | 1.6 | 1.9 | 1.2 | 1.5 | 1.5 | 1.1 | 1.7 | 2.0 | 1.8 | 1.7 | 1.3 | 1.1 | 1.4 | 1.5 | 1.2 | 1.6 | 2.1 | 2.3 | 2.5 | 3.0 | 3.3 | 2.6 | 3.2 | 3.0 | 3.8 | 2.6 | 2.1 | 2.5 | 3.2 | |
| 1.9 | 2.2 | 2.6 | 2.7 | 2.1 | 1.8 | 1.1 | 1.6 | 1.1 | 1.3 | 1.5 | 1.2 | 0.7 | 1.0 | 1.0 | 0.7 | 0.8 | 1.1 | 1.0 | 1.0 | 1.2 | 1.5 | 1.3 | 1.7 | 1.4 | 1.6 | 1.4 | 1.5 | 2.0 | 2.5 | |
| 3.1 | 3.2 | 2.9 | 1.6 | 4.5 | 4.5 | 5.8 | 5.2 | 5.2 | 4.1 | 4.2 | 4.1 | 4.2 | 5.7 | 5.4 | 4.5 | 4.6 | 3.6 | 1.8 | 2.2 | 2.8 | 2.7 | 3.6 | 3.8 | 2.4 | 2.3 | 1.7 | 2.2 | 3.6 | 3.8 | |
| 18.2 | 14.2 | 13.3 | 6.3 | 24.0 | 42.0 | 42.6 | 17.5 | 30.3 | 20.2 | 17.8 | 17.7 | 58.2 | 32.2 | 21.0 | 15.8 | 14.4 | 11.9 | 5.3 | 6.3 | 7.5 | 7.4 | 9.7 | 10.3 | 7.0 | 4.3 | 5.0 | 7.7 | 11.7 | 13.0 | |
| – | 156.1 | 23.6 | 1,292.2 | – | – | – | 5.2 | – | – | – | – | – | 1.3 | – | 1.4 | 6.7 | 2.1 | 6.5 | 3.4 | 14.4 | – | 21.3 | 110.0 | – | 6.1 | 3.7 | 38.6 | – | – | |
| -2.4% | 0.6% | 4.2% | 0.1% | -15.3% | -4.2% | -52.1% | 19.4% | -13.6% | -21.4% | -57.0% | -124.1% | -151.5% | 75.9% | -2.2% | 73.5% | 14.9% | 48.4% | 15.4% | 29.5% | 6.9% | -2.8% | 4.7% | 0.9% | -20.4% | 16.3% | 26.9% | 2.6% | -6.1% | -16.4% | |
| Margins | ||||||||||||||||||||||||||||||
| 54.6% | 52.6% | 53.5% | 56.9% | 52.5% | 51.3% | 58.3% | 71.5% | 70.7% | 63.6% | 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% | |
| 13.9% | 19.4% | 18.3% | 22.2% | 14.5% | 5.1% | 5.8% | 22.6% | 10.4% | 14.8% | 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% | |
| 9.0% | 12.2% | 11.7% | 14.5% | 9.5% | 3.4% | 3.8% | 15.1% | 7.9% | 10.6% | 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% | |
| -3.6% | 1.0% | 8.1% | 0.1% | -22.8% | -6.2% | -57.9% | 32.9% | -26.9% | -37.9% | -98.5% | -160.6% | -169.5% | 106.2% | -3.2% | 86.6% | 23.2% | 101.2% | 35.5% | 72.7% | 20.6% | -9.4% | 12.0% | 2.9% | -61.5% | 61.4% | 69.6% | 5.5% | -15.5% | -52.8% | |
| Returns | ||||||||||||||||||||||||||||||
| 11.7% | 17.1% | 15.9% | 31.8% | 13.4% | 4.1% | 3.9% | 14.6% | 4.2% | 7.9% | 12.5% | 12.5% | 3.4% | 6.1% | 9.3% | 9.9% | 10.1% | 8.5% | 9.4% | 9.9% | 9.7% | 9.6% | 12.7% | 13.9% | 10.4% | 16.4% | 12.9% | 15.1% | 17.0% | 15.7% | |
| 0.7% | 1.0% | 1.0% | 1.8% | 0.8% | 0.2% | 0.2% | 0.9% | 0.4% | 0.7% | 1.1% | 1.0% | 0.3% | 0.5% | 0.8% | 0.8% | 0.9% | 0.7% | 0.8% | 1.0% | 1.0% | 1.0% | 1.2% | 1.4% | 0.9% | 1.3% | 1.0% | 1.3% | 1.5% | 1.3% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| 44,650 | 49,141 | 32,379 | 19,497 | 181,725 | 155,655 | 204,997 | 154,381 | 182,468 | 185,020 | 244,421 | 321,566 | 311,206 | 495,314 | 457,607 | 371,197 | 323,963 | 157,276 | -48,686 | -23,489 | -13,820 | -70,842 | 137,817 | 98,082 | -79,433 | -191,895 | -130,008 | 28,921 | 281,829 | 155,408 | |
| 9.5 | 7.2 | 4.6 | 1.5 | 16.1 | 28.5 | 34.5 | 11.8 | 18.8 | 11.5 | 10.4 | 12.1 | 42.6 | 24.3 | 15.3 | 11.7 | 9.5 | 4.9 | -1.4 | -0.7 | -0.3 | -1.7 | 2.8 | 1.8 | -1.8 | -2.8 | -2.4 | 0.4 | 3.4 | 1.9 | |
| 6.2% | 5.9% | 6.5% | 5.8% | 6.0% | 5.9% | 5.6% | 6.0% | 9.1% | 8.9% | 8.6% | 7.9% | 7.7% | 8.1% | 8.3% | 8.1% | 8.7% | 8.7% | 9.0% | 10.5% | 10.2% | 10.1% | 9.8% | 9.7% | 8.3% | 7.9% | 8.0% | 8.5% | 8.6% | 8.2% | |
| 3.2 | 3.1 | 2.4 | 2.7 | 5.0 | 4.6 | 5.5 | 4.0 | 2.3 | 2.3 | 2.6 | 3.0 | 2.9 | 3.5 | 2.9 | 2.8 | 2.4 | 2.4 | 2.0 | 1.4 | 1.5 | 1.4 | 1.6 | 1.4 | 1.6 | 1.9 | 1.5 | 2.0 | 2.2 | 1.4 | |
| Per Share | ||||||||||||||||||||||||||||||
| 1.81 | 2.81 | 2.90 | 6.01 | 2.91 | 0.84 | 0.83 | 3.27 | 1.57 | 2.38 | 4.04 | 4.46 | 1.55 | 2.58 | 4.13 | 4.64 | 5.37 | 4.69 | 5.73 | 6.47 | 6.78 | 6.83 | 9.51 | 11.28 | 9.44 | 15.97 | 12.69 | 16.84 | 20.31 | 20.42 | |
| 20.18 | 23.08 | 24.83 | 41.57 | 30.51 | 24.92 | 21.59 | 21.59 | 19.75 | 22.43 | 27.94 | 33.77 | 28.15 | 29.80 | 29.04 | 28.27 | 28.27 | 27.97 | 27.13 | 26.76 | 29.15 | 32.03 | 38.03 | 44.12 | 42.06 | 42.04 | 51.79 | 80.28 | 94.06 | 100.13 | |
| 15.43 | 16.50 | 18.28 | 18.93 | 21.78 | 20.31 | 21.06 | 22.46 | 37.06 | 30.14 | 32.40 | 35.76 | 46.29 | 42.62 | 44.28 | 46.83 | 53.39 | 55.35 | 61.02 | 65.58 | 69.64 | 71.49 | 75.14 | 80.90 | 90.48 | 97.18 | 98.43 | 111.41 | 119.75 | 129.73 | |
| -0.72 | 0.23 | 2.00 | 0.04 | -6.95 | -1.54 | -12.51 | 7.11 | -5.31 | -8.50 | -27.53 | -54.22 | -47.72 | 31.65 | -0.94 | 24.47 | 6.56 | 28.30 | 9.64 | 19.46 | 6.00 | -3.03 | 4.57 | 1.27 | -25.88 | 25.80 | 36.07 | 4.41 | -14.59 | -52.90 | |
Data as of: September 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.