JPMorgan Chase & Co.

JPMNYSE

$332.32

Last price · USD

Market cap: $924.3B
P/E: 16.6x
EV / EBITDA: 18.7x
P/S: 3.3x
FCF yield: -16.0%
Div. yield: 1.80%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

JPMorgan Chase & Co. balance sheet

Annual · USD millions except per-share data · 38 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Current assets
Cash & cash equivalents	343,338	469,317	624,151	567,234	740,834	-17.5%
Short-term investments	1,136,409	898,404	604,098	556,811	621,122	+16.3%
Cash & short-term investments	1,479,747	1,367,721	1,228,249	1,124,045	1,361,956	+2.1%
Net receivables	397,790	320,769	307,799	310,558	308,641	+6.5%
Accounts receivable	111,599	101,223	107,363	125,189	102,570	+2.1%
Other receivables	286,191	219,546	200,436	185,369	206,071	+8.6%
Total current assets	1,877,537	1,688,490	1,536,048	1,434,603	1,670,597	+3.0%
Non-current assets
Property, plant & equipment (net)	36,244	32,223	30,157	27,734	27,070	+7.6%
Goodwill	52,731	52,565	52,634	51,662	50,315	+1.2%
Intangible assets	11,727	11,995	11,747	9,197	6,376	+16.5%
Goodwill & intangible assets	64,458	64,560	64,381	60,859	56,691	+3.3%
Long-term investments	1,737,798	1,598,111	1,671,134	1,541,226	1,425,035	+5.1%
Other non-current assets	708,863	619,430	573,673	601,321	564,174	+5.9%
Total non-current assets	2,547,363	2,314,324	2,339,345	2,231,140	2,072,970	+5.3%
Total assets	4,424,900	4,002,814	3,875,393	3,665,743	3,743,567	+4.3%
Current liabilities
Accounts payable	186,658	153,153	161,960	188,692	169,172	+2.5%
Other payables	160,465	152,780	155,994	151,290	133,899	+4.6%
Total payables	347,123	305,933	317,954	339,982	303,071	+3.5%
Short-term debt	508,408	349,728	261,247	246,640	247,934	+19.7%
Tax payables	0	0	0	46,166	0	—
Other current liabilities	2,729,010	2,559,254	2,540,269	2,467,014	2,576,880	+1.4%
Total current liabilities	3,584,541	3,214,915	3,119,470	3,053,636	3,127,885	+3.5%
Non-current liabilities
Long-term debt	433,970	401,418	391,825	295,865	301,005	+9.6%
Other non-current liabilities	43,951	41,723	36,220	23,910	20,550	+20.9%
Total non-current liabilities	477,921	443,141	428,045	319,775	321,555	+10.4%
Total debt	942,378	751,146	653,072	542,505	548,939	+14.5%
Total liabilities	4,062,462	3,658,056	3,547,515	3,373,411	3,449,440	+4.2%
Stockholders' equity
Common stock	4,105	4,105	4,105	4,105	4,105	0.0%
Preferred stock	20,045	20,050	27,404	27,404	34,838	-12.9%
Retained earnings	416,055	376,166	332,901	296,456	272,268	+11.2%
Additional paid-in capital	91,114	90,911	90,128	89,044	88,415	+0.8%
Treasury stock	(164,591)	(134,018)	(116,217)	(107,336)	(105,415)	—
Accumulated other comprehensive income (loss)	(4,290)	(12,456)	(10,443)	(17,341)	(84)	—
Total stockholders' equity	362,438	344,758	327,878	292,332	294,127	+5.4%
Total equity	362,438	344,758	327,878	292,332	294,127	+5.4%
Total liabilities & equity	4,424,900	4,002,814	3,875,393	3,665,743	3,743,567	+4.3%
Additional fields
Net Debt	599,040	281,829	28,921	(24,729)	(191,895)	—
Total Investments	2,874,207	2,496,515	2,275,232	2,098,037	2,046,157	+8.9%

JPMorgan Chase & Co.

JPMNYSE

$332.32

Last price · USD

Market cap: $924.3B
P/E: 16.6x
EV / EBITDA: 18.7x
P/S: 3.3x
FCF yield: -16.0%
Div. yield: 1.80%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

JPMorgan Chase & Co. balance sheet

Annual · USD millions except per-share data · 38 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Current assets
Cash & cash equivalents	343,338	469,317	624,151	567,234	740,834	-17.5%
Short-term investments	1,136,409	898,404	604,098	556,811	621,122	+16.3%
Cash & short-term investments	1,479,747	1,367,721	1,228,249	1,124,045	1,361,956	+2.1%
Net receivables	397,790	320,769	307,799	310,558	308,641	+6.5%
Accounts receivable	111,599	101,223	107,363	125,189	102,570	+2.1%
Other receivables	286,191	219,546	200,436	185,369	206,071	+8.6%
Total current assets	1,877,537	1,688,490	1,536,048	1,434,603	1,670,597	+3.0%
Non-current assets
Property, plant & equipment (net)	36,244	32,223	30,157	27,734	27,070	+7.6%
Goodwill	52,731	52,565	52,634	51,662	50,315	+1.2%
Intangible assets	11,727	11,995	11,747	9,197	6,376	+16.5%
Goodwill & intangible assets	64,458	64,560	64,381	60,859	56,691	+3.3%
Long-term investments	1,737,798	1,598,111	1,671,134	1,541,226	1,425,035	+5.1%
Other non-current assets	708,863	619,430	573,673	601,321	564,174	+5.9%
Total non-current assets	2,547,363	2,314,324	2,339,345	2,231,140	2,072,970	+5.3%
Total assets	4,424,900	4,002,814	3,875,393	3,665,743	3,743,567	+4.3%
Current liabilities
Accounts payable	186,658	153,153	161,960	188,692	169,172	+2.5%
Other payables	160,465	152,780	155,994	151,290	133,899	+4.6%
Total payables	347,123	305,933	317,954	339,982	303,071	+3.5%
Short-term debt	508,408	349,728	261,247	246,640	247,934	+19.7%
Tax payables	0	0	0	46,166	0	—
Other current liabilities	2,729,010	2,559,254	2,540,269	2,467,014	2,576,880	+1.4%
Total current liabilities	3,584,541	3,214,915	3,119,470	3,053,636	3,127,885	+3.5%
Non-current liabilities
Long-term debt	433,970	401,418	391,825	295,865	301,005	+9.6%
Other non-current liabilities	43,951	41,723	36,220	23,910	20,550	+20.9%
Total non-current liabilities	477,921	443,141	428,045	319,775	321,555	+10.4%
Total debt	942,378	751,146	653,072	542,505	548,939	+14.5%
Total liabilities	4,062,462	3,658,056	3,547,515	3,373,411	3,449,440	+4.2%
Stockholders' equity
Common stock	4,105	4,105	4,105	4,105	4,105	0.0%
Preferred stock	20,045	20,050	27,404	27,404	34,838	-12.9%
Retained earnings	416,055	376,166	332,901	296,456	272,268	+11.2%
Additional paid-in capital	91,114	90,911	90,128	89,044	88,415	+0.8%
Treasury stock	(164,591)	(134,018)	(116,217)	(107,336)	(105,415)	—
Accumulated other comprehensive income (loss)	(4,290)	(12,456)	(10,443)	(17,341)	(84)	—
Total stockholders' equity	362,438	344,758	327,878	292,332	294,127	+5.4%
Total equity	362,438	344,758	327,878	292,332	294,127	+5.4%
Total liabilities & equity	4,424,900	4,002,814	3,875,393	3,665,743	3,743,567	+4.3%
Additional fields
Net Debt	599,040	281,829	28,921	(24,729)	(191,895)	—
Total Investments	2,874,207	2,496,515	2,275,232	2,098,037	2,046,157	+8.9%