Jpmorgan Chase &

JPM · NYSE

National Commercial Banks · Fiscal year ends Dec 31

Last 5 fiscal years

Revenue and net income

RevenueNet income
$0$50B$100B$150B$200BDec 2021Dec 2022Dec 2023Dec 2024Dec 2025

Income statement

Fiscal yearDec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue$122B$129B$158B$178B$182B
Net interest incomeBanks$52.3B$66.7B$89.3B$92.6B$95.4B
Interest expense$5.6B$26.1B$81.3B––
Pre-tax income$59.6B$46.2B$61.6B$75.1B$72.6B
Income tax$11.2B$8.5B$12.1B$16.6B$15.5B
Net income$48.3B$37.7B$49.6B$58.5B$57B
Diluted EPS15.3612.0916.2319.7520.02
Diluted shares3,027M2,970M2,943M2,879M2,782M

Balance sheet

Fiscal yearDec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash & equivalents$741B$567B$624B$469B$343B
Net PP&E$27.1B$27.7B–––
Goodwill$50.3B$51.7B$52.6B$52.6B$52.7B
Total assets$3,744B$3,666B$3,875B$4,003B$4,425B
Short-term debt$53.6B$44B$44.7B$52.9B$64.8B
DepositsBanks$2,462B$2,340B$2,401B$2,406B$2,559B
Total liabilities$3,449B$3,373B$3,548B$3,658B$4,062B
Shareholders' equity$294B$292B$328B$345B$362B

Cash flow

Fiscal yearDec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating cash flow$78.1B$107B$13B−$42B−$148B
Depreciation & amortisation$7.9B$7.1B$7.5B$7.9B$8.8B
Stock-based compensation$2.9B$2.8B$3.1B$3.5B$3.6B
Acquisitions$0$0$9.9B$2.4B$0
Share buybacks$18.4B$3.2B$9.8B$18.8B$31.6B
Dividends paid$12.9B$13.6B$13.5B$14.8B$16.6B
Dividend per share3.804.004.104.805.80

Key ratios

Fiscal yearDec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue growth (YoY)–5.8%22.9%12.3%2.8%
EPS growth (YoY)–−21.3%34.2%21.7%1.4%
Net margin39.7%29.3%31.3%32.9%31.3%
Return on equity16.4%12.9%15.1%17.0%15.7%
Cash conversion (CFO ÷ net income)1.62x2.84x0.26x−0.72x−2.59x

Recent filings

Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.