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JPMorgan Chase & Co.
JPMFinancialsGenerated Jul 5, 2026, 08:11 PM UTC
JPM (JPMorgan Chase & Co.) analytical snapshot. Revenue grew +22.9% YoY to $158.10B. 5-year revenue CAGR +6.4%; 10y CAGR +5.8%. Net margin at 31.34% (expanding ▲). Market cap $896.22B at $334.47 per share. Trailing P/E 20.61, P/S 5.67, P/B 2.46. Graham number $222.74 (trades above intrinsic). Risk: Moderate. Macro: Risk-on · Supportive. Composite analytical score 16 (data confidence 73%). Descriptive analytics from public filings — not investment advice.
Free SEC analysis
— computed from SEC filings, free to readFundamentals
Revenue grew +22.9% YoY to $158.10B. 5-year revenue CAGR +6.4%; 10y CAGR +5.8%. Net margin at 31.34% (expanding ▲).
- Revenue grew +22.9% YoY to $158.10B.
- 5-year revenue CAGR +6.4%; 10y CAGR +5.8%.
- Net margin at 31.34% (expanding ▲).
- Return on equity 15.11%, ROA 1.28%, ROIC 0.00%.
- Gross margin 0.00%, operating margin 0.00%.
- Net income up ▲ +31.5% YoY.
- Debt/equity 0.74, current ratio —, net debt -$8.86B.
- Asset turnover 0.03 — capital efficiency.
| FY | Revenue | Rev YoY | Gross% | Op% | Net% | FCF | ROE% |
|---|---|---|---|---|---|---|---|
| 2016 | $95.11B | — | 0.00 | 0.00 | 22.86 | — | 9.38 |
| 2017 | $93.54B | -1.6% | 0.00 | 0.00 | 26.13 | — | 9.87 |
| 2018 | $96.57B | +3.2% | 0.00 | 0.00 | 25.61 | — | 9.73 |
| 2019 | $100.70B | +4.3% | 0.00 | 0.00 | 24.27 | — | 9.56 |
| 2020 | $108.78B | +8.0% | 0.00 | 0.00 | 29.85 | — | 12.66 |
| 2021 | $115.72B | +6.4% | 0.00 | 0.00 | 31.48 | — | 13.94 |
| 2022 | $119.95B | +3.7% | 0.00 | 0.00 | 24.29 | — | 10.43 |
| 2023 | $121.65B | +1.4% | 0.00 | 0.00 | 39.73 | — | 16.43 |
| 2024 | $128.69B | +5.8% | 0.00 | 0.00 | 29.28 | — | 12.89 |
| 2025 | $158.10B | +22.9% | 0.00 | 0.00 | 31.34 | — | 15.11 |
| Quarter end | Revenue | YoY | QoQ | Net margin |
|---|---|---|---|---|
| Sep 30, 2013 | $23.12B | -68.5% | — | 54.70% |
| Mar 31, 2014 | $22.99B | -8.5% | -0.5% | 22.94% |
| Jun 30, 2014 | $47.45B | -5.7% | +106.4% | 23.73% |
| Jun 30, 2014 | $24.45B | -51.4% | -48.5% | 46.04% |
| Sep 30, 2014 | $71.69B | -2.4% | +193.2% | 23.48% |
| Sep 30, 2014 | $24.25B | -67.0% | -66.2% | 69.42% |
Filings & Ownership
Recent insider Form 4s: 0 buy vs 0 sell transactions.
- Recent insider Form 4s: 0 buy vs 0 sell transactions.
SEC Filing Deep-Analysis
3 risk signal(s) detected from XBRL filing diff analysis. "Material weakness in internal controls" combined with earnings-cash flow divergence is especially concerning — it suggests the reported earnings may not be reliable due to control deficiencies, and the cash flow shortfall may be masking underlying issues.
- Earnings-cash flow divergence: Net income grew +31.5% while operating cash flow declined -87.9%. This divergence may indicate accrual-based earnings inflation — non-cash gains, aggressive revenue recognition, or working capital absorption. The accrual ratio (NI − OCF) is deteriorating.
- NEW: Going concern doubt in latest filing: The term "going concern" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 9 filing(s).
- Material weakness in internal controls: The term "material weakness" appears in 22 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
- Endogenous analysis: "Material weakness in internal controls" combined with earnings-cash flow divergence is especially concerning — it suggests the reported earnings may not be reliable due to control deficiencies, and the cash flow shortfall may be masking underlying issues.
- 20 disclosure(s) dropped from prior year — reduced reporting granularity.
- 1 new risk-language term(s) detected in filing text: Going concern doubt.
- Ongoing high-severity risk language: Material weakness in internal controls.
| Metric | Prior year | Latest year | Change | % Change |
|---|---|---|---|---|
| Revenue | $128.69B | $158.10B | $29.41B | +22.9% |
| Net income | $37.68B | $49.55B | $11.88B | +31.5% |
| Operating cash flow | $107.12B | $12.97B | $-94.14B | -87.9% |
| Total assets | $3.67T | $3.88T | $209.65B | +5.7% |
| Total liabilities | $3.55T | $3.66T | $110.54B | +3.1% |
| Long-term debt | $256.77B | $249.02B | $-7.75B | -3.0% |
| Cash & equivalents | — | $361.68B | — | — |
| Stockholders equity | $292.33B | $327.88B | $35.55B | +12.2% |
| Interest expense | $9.96B | $5.55B | $-4.41B | -44.2% |
| Type | Concepts |
|---|---|
| Removed | AccountsPayableAndOtherAccruedLiabilities, AmortizationOfIntangibleAssets, BusinessCombinationBargainPurchaseGainRecognizedAmount, BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss, CommonStockSharesOutstanding, ContractWithCustomerRefundLiabilityCurrent, CurrentFederalTaxExpenseBenefit, CurrentForeignTaxExpenseBenefit, CurrentIncomeTaxExpenseBenefit, CurrentStateAndLocalTaxExpenseBenefit |
| Term | Severity | Recent | Prior | Status |
|---|---|---|---|---|
| Going concern doubt | high | 9 | 0 | NEW |
| Material weakness in internal controls | high | 22 | 2 | Ongoing |
| Off-balance sheet arrangements | medium | 103 | 8 | Ongoing |
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- ProValuationMarket cap $896.22B at $334.47 per share.
- ProPrice & TechnicalsPrice $334.47 — uptrend (above 200-DMA); 1-month momentum positive.
- ProMacro & RatesMarket regime: Risk-on · Supportive.
- ProRisk ScorecardComposite risk: Moderate.
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Macro exposure
Rate-sensitive · High sensitivityMacro regime: Risk-on · Supportive. JPMorgan Chase & Co. is a rate-sensitive name (high macro sensitivity) — a supportive backdrop, though defensives lag risk-on tapes.
Analytical read
deterministic previewRevenue grew **+22.9%** YoY to $158.10B..
Peer comparison
Rate-sensitive groupHow JPM stacks up against tracked peers with similar macro sensitivity — by analytical score and macro exposure.
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