JPMorgan Chase (JPM) Stock Analysis
This is a peer-relative look at JPMorgan Chase (JPM): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Banks peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | JPM |
|---|---|
| Name | JPMorgan Chase & Co. |
| Country/Region | United States |
| GICS Sector | Financials |
| GICS Industry Group | Banks |
| GICS Industry | Banks |
| GICS Sub-Industry | Diversified Banks |
| Market Capitalization | 953.33 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | March 17, 1980 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: JPM | Industry group median |
|---|---|---|
| Total Return (1Y) | 20.30% | 26.60% |
| Total Return (3Y, Annualized) | 37.67% | 23.58% |
| Total Return (5Y, Annualized) | 20.57% | 11.47% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: JPM | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 22.32% | 25.57% |
| Beta (5Y) | 1.02 | 0.73 |
| Max Drawdown (5Y) | -38.77% | -43.37% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: JPM | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | 0.73 | 0.90 |
| Sortino Ratio (1Y) | 1.02 | 1.32 |
Profitability
ROE (TTM)
JPMorgan Chase (JPM) posts ROE of 17.79%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.
JPM
Banks industry group
17.79%
Group distribution
- Max
- 19.57%
- JPM
- 17.79%
- Q3
- 13.34%
- Median
- 11.19%
- Q1
- 9.06%
- Min
- 3.03%
Largest peers
- JPM
- 17.79%
- RY
- 16.21%
- HSBC
- 13.11%
- WFC
- 12.58%
- BAC
- 11.20%
- MUFG
- 9.46%
- C
- 8.53%
Net Margin (TTM)
JPMorgan Chase (JPM) keeps 34.92% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.
JPM
Banks industry group
34.92%
Group distribution
- Max
- 47.25%
- Q3
- 34.96%
- JPM
- 34.92%
- Median
- 30.66%
- Q1
- 26.45%
- Min
- 14.41%
Largest peers
- HSBC
- 37.80%
- JPM
- 34.92%
- RY
- 33.87%
- BAC
- 29.52%
- MUFG
- 27.45%
- WFC
- 27.23%
- C
- 21.83%
Operating Margin (TTM)
operating margin is set aside for JPMorgan Chase (JPM) in Banks: the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.
Profitability Metrics
| Metric | Current stock: JPM | Industry group median |
|---|---|---|
| ROE (TTM) | 17.79% | 11.19% |
| ROA (TTM) | 1.36% | 1.20% |
| Net Margin (TTM) | 34.92% | 30.66% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
JPMorgan Chase (JPM) grew revenue 7.32%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.
EPS Growth
JPMorgan Chase (JPM) grew earnings per share 1.37%, in the lower peer quartile. Per-share profits are advancing more slowly than at most peers, so margins, costs, or share count deserve a closer look.
Growth Metrics
| Metric | Current stock: JPM | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 7.32% | 11.15% |
| Revenue Growth (3Y CAGR) | 12.50% | 6.24% |
| EPS Growth (YoY) | 1.37% | 16.09% |
| EPS Growth (3Y CAGR) | 18.31% | 2.73% |
Financial Strength
Current Ratio (MRQ)
current ratio is set aside for JPMorgan Chase (JPM) in Banks: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for JPMorgan Chase (JPM) in Banks: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.
Financial Strength Metrics
| Metric | Current stock: JPM | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
JPMorgan Chase (JPM) has dividend yield of 1.66%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.
JPM
Banks industry group
1.66%
Group distribution
- Max
- 5.64%
- Q3
- 3.16%
- Median
- 2.34%
- JPM
- 1.66%
- Q1
- 1.24%
- Min
- 0.00%
Largest peers
- MUFG
- 356.40%
- RY
- 3.10%
- WFC
- 2.02%
- BAC
- 1.79%
- C
- 1.74%
- JPM
- 1.66%
- HSBC
- 0.70%
Dividend Payout Ratio (TTM)
JPMorgan Chase (JPM) has payout ratio of 25.71%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.
JPM
Banks industry group
25.71%
Group distribution
- Max
- 73.52%
- Q3
- 41.82%
- Median
- 28.89%
- JPM
- 25.71%
- Q1
- 19.23%
- Min
- 0.00%
Largest peers
- HSBC
- 53.57%
- RY
- 41.49%
- MUFG
- 35.38%
- WFC
- 26.16%
- BAC
- 25.87%
- C
- 25.86%
- JPM
- 25.71%
Dividend Metrics
| Metric | Current stock: JPM | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 1.66% | 2.34% |
| Dividend Payout Ratio (TTM) | 25.71% | 28.89% |
Valuation
P/E Ratio (TTM)
JPMorgan Chase (JPM) trades at P/E ratio of 15.36, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.
JPM
Banks industry group
15.36
Group distribution
- Max
- 20.32
- JPM
- 15.36
- Q3
- 15.14
- Median
- 12.76
- Q1
- 11.45
- Min
- 7.37
Largest peers
- RY
- 18.38
- MUFG
- 16.17
- JPM
- 15.36
- HSBC
- 15.30
- C
- 14.84
- BAC
- 14.48
- WFC
- 13.08
P/S Ratio (TTM)
P/S ratio is not assessed for JPMorgan Chase (JPM) in Banks: the revenue line is driven by spread economics rather than conventional product or service sales, so book value or earnings usually carry more weight.
P/B Ratio (MRQ)
JPMorgan Chase (JPM) trades at 2.70 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.
JPM
Banks industry group
2.70
Group distribution
- JPM
- 2.70
- Max
- 2.26
- Q3
- 1.62
- Median
- 1.33
- Q1
- 1.14
- Min
- 0.45
Largest peers
- HSBC
- 8.50
- RY
- 3.02
- JPM
- 2.70
- MUFG
- 1.86
- WFC
- 1.69
- BAC
- 1.59
- C
- 1.20
Valuation Metrics
| Metric | Current stock: JPM | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 15.36 | 12.76 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 2.70 | 1.33 |
| Free Cash Flow Yield (TTM) | -- | -- |