Skip to main content
    J

    JPMorgan Chase & Co (JPM)

    Official site

    FINANCIAL SERVICES • BANKS - DIVERSIFIED • NYSE

    $333.60
    -6.12 (-1.80%)

    Market Cap: $902.16B

    Last updated: Oct 20, 2026 at 12:56 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    80%(32/40)
    Avg Surprise
    +9.77%

    Upcoming Estimates

    Period ending Dec 31, 2026
    EPS Consensus$6.81
    Range$6.05 - $8.29
    14 analysts
    Revenue Consensus
    $56.5B
    Range$53.1B - $58.5B
    13 analysts
    Period ending Mar 31, 2027
    EPS Consensus$6.24
    Range$6.05 - $6.41
    7 analysts
    EPS Revisions
    1
    0
    7d
    0
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$5.95+5.0%
    60d ago$6.13+1.9%
    30d ago$6.15+1.5%
    7d ago$6.24+0.1%
    Current$6.24
    Revenue Consensus
    $54.2B
    Range$52.4B - $55.7B
    6 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Mar 27EST
    -$6.24---
    Dec 26EST
    -$6.81---
    Sep 26
    Reported Oct 13
    $5.75$5.94-3.20%Miss+13.4%
    Jun 26
    Reported Jul 14
    $6.14$5.59+9.84%Beat+23.8%
    Mar 26
    Reported Apr 14
    $5.94$5.51+7.80%Beat+17.2%
    Dec 25
    Reported Jan 13
    $4.63$4.82-3.94%Miss-3.7%
    Sep 25
    Reported Oct 14
    $5.07$4.87+4.11%Beat+16.0%
    Jun 25
    Reported Jul 15
    $4.96$4.48+10.71%Beat-19.0%
    Mar 25
    Reported Apr 11
    $5.07$4.64+9.27%Beat+14.2%
    Dec 24
    Reported Jan 15
    $4.81$4.04+19.06%Beat+58.2%
    Sep 24
    Reported Oct 11
    $4.37$3.99+9.52%Beat+0.9%
    Jun 24
    Reported Jul 12
    $6.12$5.09+20.24%Beat+28.8%
    Mar 24
    Reported Apr 12
    $4.44$4.13+7.51%Beat+8.3%
    Dec 23
    Reported Jan 12
    $3.04$3.60-15.56%Miss-14.8%
    Sep 23
    Reported Oct 13
    $4.33$3.96+9.34%Beat+38.8%
    Jun 23
    Reported Jul 14
    $4.75$4.00+18.75%Beat+72.1%
    Mar 23
    Reported Apr 14
    $4.10$3.41+20.23%Beat+55.9%
    Dec 22
    Reported Jan 13
    $3.57$3.10+15.16%Beat+7.2%
    Sep 22
    Reported Oct 14
    $3.12$2.85+9.47%Beat-12.1%
    Jun 22
    Reported Jul 14
    $2.76$2.90-4.83%Miss-27.0%
    Mar 22
    Reported Apr 13
    $2.63$2.71-2.95%Miss-42.7%
    Dec 21
    Reported Jan 14
    $3.33$3.03+9.90%Beat+8.5%
    Sep 21
    Reported Oct 13
    $3.55$3.00+18.33%Beat+14.9%
    Jun 21
    Reported Jul 13
    $3.78$3.17+19.24%Beat+250.0%
    Mar 21
    Reported Apr 14
    $4.59$3.06+50.00%Beat+58.8%
    Dec 20
    Reported Jan 15
    $3.07$2.65+15.85%Beat+19.5%
    Sep 20
    Reported Oct 13
    $3.09$2.24+37.95%Beat+15.3%
    Jun 20
    Reported Jul 14
    $1.08$1.21-10.74%Miss-61.7%
    Mar 20
    Reported Apr 14
    $2.89$2.20+31.36%Beat+9.1%
    Dec 19
    Reported Jan 14
    $2.57$2.36+8.90%Beat+29.8%
    Sep 19
    Reported Oct 15
    $2.68$2.45+9.39%Beat+14.5%
    Jun 19
    Reported Jul 16
    $2.82$2.49+13.25%Beat+23.1%
    Mar 19
    Reported Apr 12
    $2.65$2.35+12.77%Beat+17.3%
    Dec 18
    Reported Feb 26
    $1.98$2.19-9.59%Miss+12.5%
    Sep 18
    Reported Oct 12
    $2.34$2.26+3.54%Beat+33.0%
    Jun 18
    Reported Jul 13
    $2.29$2.22+3.15%Beat+33.9%
    Mar 18
    Reported Apr 13
    $2.26$2.29-1.31%Miss+37.0%
    Dec 17
    Reported Jan 12
    $1.76$1.69+4.14%Beat+11.4%
    Sep 17
    Reported Oct 12
    $1.76$1.66+6.02%Beat-
    Jun 17
    Reported Jul 14
    $1.71$1.59+7.55%Beat-
    Mar 17
    Reported Apr 13
    $1.65$1.51+9.27%Beat-
    Dec 16
    Reported Jan 13
    $1.58$1.42+11.27%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.98%
    Forward Annual Dividend$6.60
    Payout Ratio25.42%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+11.53%
    5Y CAGR+9.04%

    Key Metrics

    Valuation
    P/E Ratio14.85EV/EBITDA15.09x
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin34.60%Operating Margin42.60%
    ROE18.00%ROIC7.17%
    Financial Health
    Debt/Equity1.42xInterest Coverage0.85x
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    Beta1.01Avg Volume8.12M
    52-Week High$364.6852-Week Low$275.06

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$333.51
    SMA 20$333.90
    SMA 50$346.25
    SMA 200$320.45
    EMA 10$334.63
    EMA 20$336.31
    EMA 50$340.05
    EMA 200$324.11

    MACD

    Line: -2.90Signal: -3.97Hist: 1.07

    ADX

    ADX: 21.8+DI: 24.5-DI: 25.4

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down68.0
    PSAR$326.76

    Bollinger Bands

    Upper Band$340.62
    Lower Band$327.18
    %B Position402%(Upper)
    Band Width0.48

    RSI (14-Day)

    Neutral
    44.1

    Momentum Oscillators

    Stoch %K58.1
    Stoch %D55.3
    Williams %R-55.9
    ROC (10d)0.9%
    Momentum2.87
    CCI (20d)25.6
    MFI (14d)57.5

    Volatility Measures

    ATR (14d)$6.72(2.0%)
    StdDev (20d)3.36
    Hist Vol18.8%(Low)

    Volume Flow

    VWAP$335.95
    OBV373.6M
    AD Line-2.5B
    CMF (20d)-0.407

    Volume Metrics

    Avg Vol (20d)8.2M
    Vol Ratio0.8x
    VWMA (20d)$334.20

    Pivot Points

    R3$350.45
    R2$347.43
    R1$343.57
    Pivot Point$340.55
    S1$336.69
    S2$333.67
    S3$329.81

    Advanced Oscillators

    TSI-16.23
    Ultimate Osc39.8
    KST-45.36

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$57.35B$49.84B$45.80B$46.43B$44.91B$45.31B$42.77B$42.65B$50.20B$41.93B$38.57B$39.87B
    Cost of RevenueN/A$26.33B$28.47B$28.88B$27.89B$26.90B$26.87B$30.12B$28.80B$26.21B$26.08B$23.20B
    Gross ProfitN/A$47.33B$41.14B$43.02B$42.02B$42.01B$40.14B$39.54B$39.04B$40.05B$35.85B$38.39B
    Operating Expenses$27.32B$26.85B$23.98B$24.28B$23.78B$23.60B$22.76B$22.57B$23.71B$22.76B$24.49B$21.76B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$19.81B$0$0$0$0$0$0$0$0$0$0
    Operating IncomeN/A$20.48B$17.16B$18.74B$18.28B$18.41B$17.38B$16.98B$23.43B$17.29B$11.33B$16.73B
    Interest Income$50.62B$49.19B$48.81B$49.44B$48.24B$46.85B$47.57B$50.42B$48.51B$47.44B$47.38B$44.56B
    Interest Expense$25.11B$23.82B$23.81B$25.47B$25.03B$23.58B$24.22B$27.01B$25.77B$24.36B$23.33B$21.83B
    Income Before Tax$27.52B$20.48B$17.16B$18.74B$18.28B$18.41B$17.38B$16.98B$23.43B$17.29B$11.33B$16.73B
    Income Tax Expense$6.36B$3.98B$4.13B$4.35B$3.30B$3.77B$3.37B$4.08B$5.29B$3.87B$2.02B$3.58B
    Net Income$21.16B$16.49B$13.03B$14.39B$14.99B$14.64B$14.01B$12.90B$18.15B$13.42B$9.31B$13.15B
    EBITDA$29.83B$22.84B$19.47B$21.01B$20.49B$20.44B$19.34B$18.95B$25.44B$19.30B$14.66B$18.75B
    EBIT$27.52B$20.48B$17.16B$18.74B$18.28B$18.41B$17.38B$16.98B$23.43B$17.29B$11.33B$16.73B
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    My Supply Chain Map For Building An Income And Dividend Portfolio

    Assess every chain by 1) end-demand driver, 2) where margins sit - identify bottleneck sellers, 3) bullwhip amplitude, then position holdings for income or growth accordingly Four pair archetypes inside a chain - echo, hedge, toll, ladder - ladder pairs deliver growth upstream and income downstream...

    Leo Nelissen
    •
    10/20/26
    •
    6
    Supply Chain, Portfolio Construction, Dividend Growth
    Also mentions:
    BAGENVRBLDRRH

    AI Needs $6.3 Trillion - KKR Just Told Us Where The Money Goes

    KKR projects $7.6-8.0T of AI infrastructure capex through 2030, leaving a $6.3T funding gap after hyperscalers' estimated ~$1.7T of additional public IG issuance Private IG, asset-based finance, infrastructure debt and new securitizations must fill the gap...

    Leo Nelissen
    •
    10/14/26
    •
    124
    AI Infrastructure, Private Credit, Business Development Companies, Alternative Asset Management
    Also mentions:
    ARCCARESBXJPMAMZN

    Built to Tolerance: The Vulcan Growth and Income Model Portfolio

    Live 2026-06-10, 19 GNG-Quant Buy+ dividend names, equal-weighted, rule-based re-gauging, mandate to outperform VYM on total return, portfolio yield, dividend growth...

    Glenn Ford
    •
    6/10/26
    •
    218
    Model Portfolio, Dividend Growth, Quant
    Also mentions:
    AVGOVYMMOJPMCNQ

    2026 Stock Market Outlook: The Great Rotation and AI Monetization Era

    Wall Street targets S&P 500 at 7,500-7,600 for 2026 (+9-11%), but Shiller CAPE at 39-40x matches dot-com peak levels. Historical data shows -4% average returns when CAPE exceeds 39. Earnings must deliver, not multiples. The "Great Rotation" is real...

    Glenn Ford
    •
    12/31/25
    •
    408
    2025 Market Outlook, Power Infrastructure, financial services, Healthcare Stocks
    Also mentions:
    CEGLLYJPMNEEORCL

    From Penalty Box to Podium: The Citigroup Turnaround Worth Watching

    Citi crushed the S&P by 60 points in 2025 (+75.8% YTD) while most investors were distracted chasing AI names. The "penalty box" bank quietly became one of the market's best performers. At $120...

    Glenn Ford
    •
    12/27/25
    •
    157
    Citigroup, value investing
    Also mentions:
    BACWFCJPM

    Government Contracts

    Gov Obligations (TTM)
    $1.02M
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    -8.3%
    Active Awards
    4
    New Awards (TTM)
    1
    Avg Remaining Term
    10.3 mo

    Top agency: Department of Health and Human Services at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    16PBGC26C0001Pension Benefit Guaranty CorporationPension Benefit Guaranty Corporation$650000Dec 23, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    JPM Valuation and Fair Value

    P/E
    14.9x
    Forward P/E
    13.5x
    EV/EBITDA
    15.1x
    PEG
    1.6x
    P/B
    2.4x
    See GNG's fair value

    JPM Profitability: Margins, ROIC and FCF

    Operating margin
    42.6%
    Net margin
    34.6%
    ROIC
    7.2%
    ROE
    18.0%
    FCF margin
    -81.5%

    JPM Analyst Ratings

    Consensus
    Buy
    Analysts
    24
    Strong Buy
    4
    Buy
    9
    Hold
    11
    Sell
    0
    Strong Sell
    0

    JPM Bull Case vs Bear Case

    Bull case

    • JPM has a 34.6% net profit margin.
    • JPM beat EPS estimates in 75.0% of its last 8 reported quarters.
    • JPM grew quarterly revenue 10.2% year over year.

    JPM Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    6.7%
    EPS estimate (fiscal period ending Dec 31, 2026)
    $6.81

    JPM Dividend

    Forward yield
    2.0%
    Payout ratio
    25.4%
    3Y DPS growth
    11.5%
    5Y DPS growth
    9.0%
    Pay months
    Jan, Apr, Jul, Oct
    JPM dividend history

    Frequently Asked Questions About JPM

    What is JPM's current dividend yield?

    JPMorgan Chase & Co (JPM) has a forward dividend yield of 1.98%.

    Does JPM pay dividends?

    Yes, JPMorgan Chase & Co pays dividends with a forward dividend yield of 1.98%.

    What is JPM's P/E ratio?

    JPMorgan Chase & Co has a price-to-earnings (P/E) ratio of 14.85.

    What is JPM's market cap?

    JPMorgan Chase & Co (JPM) has a market capitalization of $902.16B with a current stock price of $333.60.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.