Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of JPMorgan Chase & Co

JPM · NYSE · Financial

Fundamental quality

ATTRACTIVE

75

out of 100

JPMorgan Chase & Co earns a fundamental-quality score of 75 out of 100, profiling it as a company with solid fundamentals. Its score rests mainly on its profitability (net margin 31.5%). Its weakest area is its financial strength. Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

JPMorgan Chase is the largest bank in the United States. It does it all: consumer and commercial banking, cards, investment banking and asset management. Its scale and diversification give it a dominant position.

What will shape its future

  • Interest rates, which determine how much it earns from lending (its net interest margin).
  • The health of the economy: in a recession loan defaults rise.
  • Banking regulation (capital requirements) and its risk management.

Breakdown by area

I.Growth
69

EPS growth: 17.7% · Revenue growth: 8.8%

II.Profitability
85

Net margin: 31.5% · ROE: 16.2%

III.Financial health
63

Capital strength: 7.4%

For banks and financials, net debt/EBITDA and free cash flow don't apply (debt is their business). We use capital strength: equity over total assets. The higher it is, the bigger the cushion against losses.

Source: SEC EDGAR · TTM through 31/03/2026

The score includes +3 for dividend strength: 15 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its financial strength drags it down the most.

Versus its sector

Percentile against the other 71 Financial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 91%
ROEbeats 61%
Growthbeats 46%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Why isn't a bank measured like other companies? Read the how to analyze a bank guide.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

JPMorgan Chase & Co strengths

  • Exceptional net margin (31.5%): the business is clearly profitable.
  • Growing earnings per share (17.7% annualized).
  • Expanding margins: net margin has risen from 24% to 31% in recent years.
  • Revenue rising without interruption since 2020.

JPMorgan Chase & Co risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

JPMorgan Chase & Co historical evolution

YearRevenueNet incomeFree cash flowNet debt
2020119,95129,131-482,401
2021121,64948,334-687,240
2022128,69537,676-523,207
2023158,10449,552-579,439
2024177,55658,471-416,424
2025182,44757,048-278,562

Between 2020 and 2025, revenue went from $119,951M to $182,447M (+52%) and net income went from $29,131M to $57,048M (+96%). Meanwhile, its margins have widened (from 24% to 31%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+10%
  • Net income+12.6%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$5.8

per share, yearly

29.1% of earnings

Payout

15 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is JPMorgan Chase & Co cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is JPMorgan Chase & Co a good company to invest in?

In terms of business quality, JPMorgan Chase & Co scores 75 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is JPMorgan Chase & Co a profitable company?

Very. JPMorgan Chase & Co shows a net margin of 31.5% and an ROE of 16.2%, typical of a highly profitable business.

Is JPMorgan Chase & Co growing?

Its revenue has grown 8.8% annualized in recent years and its earnings per share 17.7%, and without interruption since 2020.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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