
JPMorgan Chase (JPM) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
45.3B
Net Income
14.6B
32.31%
EPS (Diluted)
$5.07
Balance Sheet Metrics
Total Assets
4.4T
Total Liabilities
4.0T
Shareholders Equity
351.4B
Debt to Equity
11.40
Cash Flow Metrics
Operating Cash Flow
-255.1B
Free Cash Flow
-251.8B
Revenue & Profitability Trend
JPMorgan Chase Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 169.4B | 155.0B | 128.6B | 121.7B | 119.9B |
Cost of Goods Sold | - | - | - | - | - |
Gross Profit | - | - | - | - | - |
Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 56.3B | 51.1B | 45.5B | 41.6B | 37.5B |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 56.3B | 51.1B | 45.5B | 41.6B | 37.5B |
Operating Income | - | - | - | - | - |
Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | - | - | - | - | - |
Other Non-Operating Income | - | - | - | - | - |
Pre-tax Income | 75.1B | 61.6B | 46.2B | 59.6B | 35.8B |
Income Tax | 16.6B | 12.1B | 8.5B | 11.2B | 6.7B |
Effective Tax Rate % | 22.1% | 19.6% | 18.4% | 18.9% | 18.7% |
Net Income | 58.5B | 49.6B | 37.7B | 48.3B | 29.1B |
Net Margin % | 34.5% | 32.0% | 29.3% | 39.7% | 24.3% |
Key Metrics | |||||
EBITDA | - | - | - | - | - |
EPS (Basic) | $19.79 | $16.25 | $12.10 | $15.39 | $8.89 |
EPS (Diluted) | $19.75 | $16.23 | $12.09 | $15.36 | $8.88 |
Basic Shares Outstanding | 2873900000 | 2938600000 | 2965800000 | 3021500000 | 3082400000 |
Diluted Shares Outstanding | 2873900000 | 2938600000 | 2965800000 | 3021500000 | 3082400000 |
Income Statement Trend
JPMorgan Chase Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 469.3B | 624.2B | 567.2B | 740.8B | 527.6B |
Short-term Investments | 396.7B | 192.5B | 196.7B | 290.3B | 356.0B |
Accounts Receivable | 101.2B | 107.4B | 125.2B | 102.6B | 90.5B |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | - | - | - | - | - |
Non-Current Assets | |||||
Property, Plant & Equipment | 32.2B | 30.2B | 27.7B | - | - |
Goodwill | 117.1B | 117.0B | 112.5B | 107.0B | 102.7B |
Intangible Assets | 12.0B | 11.7B | 9.2B | 6.4B | 4.2B |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | - | - | - | - | - |
Total Non-Current Assets | - | - | - | - | - |
Total Assets | 4.0T | - | - | - | - |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 153.2B | 162.0B | 188.7B | 169.2B | 140.3B |
Short-term Debt | 64.5B | 44.7B | 44.0B | 53.6B | 45.2B |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | - | - | - | - | - |
Non-Current Liabilities | |||||
Long-term Debt | 389.8B | 391.8B | 295.9B | 301.0B | 281.7B |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | - | - | - | - | - |
Total Liabilities | 3.7T | - | - | - | - |
Equity | |||||
Common Stock | 4.1B | 4.1B | 4.1B | 4.1B | 4.1B |
Retained Earnings | 376.2B | 332.9B | 296.5B | 272.3B | 237.0B |
Treasury Stock | 134.0B | 116.2B | 107.3B | 105.4B | 88.2B |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 344.8B | 327.9B | 292.3B | 294.1B | 279.4B |
Key Metrics | |||||
Total Debt | 454.3B | 436.5B | 339.9B | 354.6B | 326.9B |
Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
JPMorgan Chase Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 58.5B | 49.6B | 37.7B | 48.3B | 29.1B |
Depreciation & Amortization | 7.9B | 7.5B | 7.1B | 7.9B | 8.6B |
Stock-Based Compensation | - | - | - | - | - |
Working Capital Changes | -114.2B | -56.2B | 32.7B | 35.9B | -145.3B |
Operating Cash Flow | -44.7B | 3.7B | 100.7B | 87.3B | -97.4B |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Acquisitions | -2.4B | -9.9B | 0 | 0 | - |
Investment Purchases | -357.4B | -119.6B | -159.9B | -360.5B | -409.5B |
Investment Sales | 242.5B | 215.2B | 172.4B | 263.7B | 228.8B |
Investing Cash Flow | -119.4B | 68.9B | 535.0M | -107.9B | -188.1B |
Financing Activities | |||||
Share Repurchases | -28.7B | -9.8B | -10.6B | -21.0B | -7.9B |
Dividends Paid | -14.8B | -13.5B | -13.6B | -12.9B | -12.7B |
Debt Issuance | 109.9B | 75.4B | 78.4B | 82.4B | 78.7B |
Debt Repayment | -96.6B | -64.9B | -45.6B | -54.9B | -105.1B |
Financing Cash Flow | -20.1B | -7.2B | 2.2B | 3.0B | -37.6B |
Free Cash Flow | -42.0B | 13.0B | 107.1B | 78.1B | -79.9B |
Net Change in Cash | -184.3B | 65.4B | 103.4B | -17.5B | -323.1B |
Cash Flow Trend
JPMorgan Chase Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
14.90
Forward P/E
17.35
Price to Book
2.37
Price to Sales
4.88
PEG Ratio
-1.04
Profitability Ratios
Profit Margin
34.52%
Operating Margin
43.75%
Return on Equity
16.21%
Return on Assets
1.30%
Financial Health
Debt to Equity
3.27
Beta
1.11
Per Share Data
EPS (TTM)
$19.49
Book Value per Share
$122.51
Revenue per Share
$57.94
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
jpm | 798.8B | 14.90 | 2.37 | 16.21% | 34.52% | 3.27 |
Bank of America | 354.9B | 14.05 | 1.29 | 9.46% | 28.51% | 2.73 |
Wells Fargo | 247.0B | 13.25 | 1.51 | 11.50% | 26.52% | 2.08 |
Citigroup | 172.5B | 13.84 | 0.88 | 6.76% | 19.47% | 3.64 |
Bank of America | 149.9B | 5.55 | 0.53 | 9.46% | 28.51% | 2.73 |
Toronto-Dominion | 127.6B | 10.56 | 1.04 | 14.60% | 27.93% | 3.93 |
Financial data is updated regularly. All figures are in the company's reporting currency.