JPMorgan Chase (JPM) stock
Financials · Diversified Banks
JPMorgan Chase (JPM) is a Diversified Banks company in the Financials sector, headquartered in New York City, New York. As of October 23, 2026, JPM closed at $331.58, a market capitalization of $880.54 billion, the 14th largest company in the S&P 500. Over the last twelve months it generated $190.73 billion in revenue (+10% year over year) and -$162.53 billion in free cash flow. The stock trades at 13.9x trailing earnings and 13.0x forward earnings.
- 1-year total return: +14.7% (dividends reinvested)
- 5-year return: +16.9% a year
- 52-week range: $279.10 – $366.50
- Gross margin 0.0%, operating margin 42.6%
- Dividend yield: 1.99%, 15 straight years of increases
- FI Handbook report card: B- across 9 metrics
- 2nd largest of 76 Financials stocks in the S&P 500
JPM price chart
1Y price change: +12.6% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| JPM | -1.3% | +4.9% | +14.7% | +35.8% | +16.9% | +20.2% | +13.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.
JPM key statistics
- Market cap
- $880.5B
- #14 in S&P 500
- P/E (TTM)
- 13.9x
- Forward P/E
- 13.0x
- EPS (TTM)
- $23.84
- Revenue (TTM)
- $190.7B
- +10%
- Free cash flow
- -$162.5B
- Gross margin
- 0.0%
- Operating margin
- 42.6%
- Return on equity
- 18.0%
- Dividend yield
- 1.99%
- 52-week range
- $279.10 – $366.50
- Beta
- 1.01
- Price / sales
- 4.6x
- EV / EBITDA
- —
- Debt / equity
- —
- Employees
- 322,964
JPM report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth10.2%B
- Gross margin0.0%F
- Operating margin42.6%A
- FCF margin-85.2%F
- Return on equity18.0%B
- Net debt / EBITDA——
- Forward P/E13.0xA
- PEG ratio1.7xC
- Shareholder yield5.6%A
- Share count change / yr-2.1%A
JP Morgan Chase financials
Revenue went from $96.6B in fiscal 2016 to $182.4B in fiscal 2025, growing 7.3% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $96.6B | $100.7B | $108.8B | $115.7B | $120.0B | $121.6B | $128.7B | $158.1B | $177.6B | $182.4B |
| Net income | $24.7B | $24.4B | $32.5B | $36.4B | $29.1B | $48.3B | $37.7B | $49.6B | $58.5B | $57.0B |
| EPS (diluted) | $6.19 | $6.31 | $9.00 | $10.72 | $8.88 | $15.36 | $12.09 | $16.23 | $19.75 | $20.02 |
| Buybacks | $9.1B | $15.4B | $20.0B | $24.0B | $6.5B | $18.4B | $3.2B | $9.8B | $18.8B | $31.6B |
| Dividends paid | $8.5B | $9.0B | $10.1B | $12.3B | $12.7B | $12.9B | $13.6B | $13.5B | $14.8B | $16.6B |
| Diluted shares | 3.7B | 3.6B | 3.4B | 3.2B | 3.1B | 3.0B | 3.0B | 2.9B | 2.9B | 2.8B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into JPM?
A reverse DCF asks what growth the current price requires. With an enterprise value of $325.3B and -$162.5B of trailing free cash flow, JP Morgan Chase needs to grow free cash flow at a rate outside our model for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 16.6x vs. median 12.9x (10th–90th percentile 8.8x–18.2x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
JPM dividend
- Dividend yield
- 1.99%
- Annual dividend
- $6.60
- Years of increases
- 15
- 5-yr dividend growth
- 9.0%
- per year
- Payout ratio
- 26%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
JPM earnings
Next report: January 14, 2027.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 13, 2026 | $5.94 | $5.75 | -3.2% |
| Jul 14, 2026 | $5.80 | $6.14 | +5.9% |
| Apr 14, 2026 | $5.51 | $5.94 | +7.8% |
| Jan 13, 2026 | $4.82 | $4.63 | -3.9% |
| Oct 14, 2025 | $4.87 | $5.07 | +4.0% |
| Jul 15, 2025 | $4.48 | $4.96 | +10.6% |
| Apr 11, 2025 | $4.64 | $5.07 | +9.2% |
| Jan 15, 2025 | $4.04 | $4.81 | +19.2% |
Stocks like JPM
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 BAC Bank of America | -1.02% | -0% | $350.0B | 12.1x | Compare |
 WFC Wells Fargo & | -0.75% | -0% | $247.3B | 11.6x | Compare |
 C Citigroup | -1.54% | +27% | $199.7B | 11.8x | Compare |
 USB U.S. Bancorp | -0.73% | +29% | $92.8B | 11.6x | Compare |
 PNC PNC Financial Services Group, I | -0.47% | +27% | $89.5B | 12.0x | Compare |
 TFC Truist Financial | +0.04% | +16% | $59.2B | 12.5x | Compare |
 BRK-B Berkshire Hathaway | -0.87% | +11% | $1.2T | 13.6x | Compare |
 V Visa | -1.55% | +19% | $765.8B | 34.7x | Compare |
JPM news
- Could Stabilising Bond Yields Support Equities Through Year-End? JPMorgan Sees Scope for Recovery · Oct 25, 2026
- JPMorgan projects 10% annual Bitcoin returns over the next decade — but won't recommend buying it · Oct 25, 2026
- Hexagon (OM:HEXA B) Stock Sees Modest Fair Value Lift After Analyst Target Increases · Oct 25, 2026
- WEG (BOVESPA:WEGE3) Stock Fair Value Edges Higher After Analyst Target Changes · Oct 24, 2026
- Week’s Best: JPMorgan Chase Teams Overseeing $18 Billion Go Indie · Oct 23, 2026
JPM stock FAQ
What is JPM's market cap?
JPMorgan Chase's market capitalization is $880.54 billion as of October 23, 2026, ranking 14th in the S&P 500.
What is JPM's P/E ratio?
JPM trades at a trailing price-to-earnings ratio of 13.9x and a forward P/E of 13.0x. Its median P/E over the period we track is 12.9x.
Does JPM pay a dividend?
Yes. JPMorgan Chase pays $6.60 per share a year, a 1.99% yield. It has raised its dividend 15 years in a row. Dividends grew 9.0% a year over the last five years.
How much has JPM stock returned?
Including reinvested dividends, JPM returned +14.7% over one year, +16.9% a year over five years, +20.2% a year over ten years through October 23, 2026.
When does JPM report earnings?
JPMorgan Chase is expected to report earnings on January 14, 2027.
How many employees does JPMorgan Chase have?
JPMorgan Chase has about 322,964 full-time employees, or $590,570 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology