C vs JPM
Citigroup Inc. and JPMorgan Chase & Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | C | JPM |
|---|---|---|
| Revenue | $85.2B | $182.4B |
| Net income | $14.3B | $57.0B |
| Gross margin | · | · |
| Net margin | 17.0% | 31.3% |
| Return on equity | 6.8% | 16.1% |
| Diluted EPS | $6.99 | $20.02 |
| Dividend / share | · | $5.80 |
| Payout ratio | 37.6% | 29.1% |
| Free cash flow | $-74.2B | · |
| Equity | $212.3B | $362.4B |
| Net debt / equity | 0.09× | 0.43× |
| Current ratio | · | · |
| Revenue CAGR 5y | 2.5% | 8.7% |
| Profit CAGR 5y | 5.3% | 14.4% |
JPM bills 2.1× the revenue of C, and keeps more of each dollar of revenue as profit (31.3% against 17.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | C | JPM |
|---|---|---|
| FY2025 | $85.2B | $182.4B |
| FY2024 | $80.7B | $177.6B |
| FY2023 | $78.1B | $158.1B |
| FY2022 | $75.3B | $128.7B |
| FY2021 | $71.9B | $121.6B |
| FY2020 | $75.5B | $120.0B |
| FY2019 | $75.1B | $115.7B |
| FY2018 | $72.9B | $108.8B |
| FY2017 | $72.4B | $100.7B |
| FY2016 | $70.8B | $96.6B |
Bottom line
| Fiscal year | C | JPM |
|---|---|---|
| FY2025 | $14.3B | $57.0B |
| FY2024 | $12.7B | $58.5B |
| FY2023 | $9.2B | $49.6B |
| FY2022 | $14.8B | $37.7B |
| FY2021 | $22.0B | $48.3B |
| FY2020 | $11.0B | $29.1B |
| FY2019 | $19.4B | $36.4B |
| FY2018 | $18.0B | $32.5B |
| FY2017 | $-6.8B | $24.4B |
| FY2016 | $14.9B | $24.7B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$97,222,000,000 | JPM |
| FY2024 | −$96,834,000,000 | JPM |
| FY2023 | −$80,038,000,000 | JPM |
| FY2022 | −$53,357,000,000 | JPM |
| FY2021 | −$49,765,000,000 | JPM |
| FY2020 | −$44,450,000,000 | JPM |
| FY2019 | −$40,653,000,000 | JPM |
| FY2018 | −$35,929,000,000 | JPM |
| FY2017 | −$28,261,000,000 | JPM |
| FY2016 | −$25,772,000,000 | JPM |
| FY2015 | −$17,189,000,000 | JPM |
| FY2014 | −$17,893,000,000 | JPM |
| FY2013 | −$20,643,000,000 | JPM |
| FY2012 | −$27,841,000,000 | JPM |
| FY2011 | −$19,903,000,000 | JPM |
| FY2010 | −$16,093,000,000 | JPM |
| FY2009 | −$20,149,000,000 | JPM |
| FY2008 | −$15,653,000,000 | JPM |
| FY2007 | +$5,928,000,000 | C |
The higher-revenue side has changed between C and JPM over this period. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −14.3 pp | JPM |
| FY2024 | −17.0 pp | JPM |
| FY2023 | −19.3 pp | JPM |
| FY2022 | −9.5 pp | JPM |
| FY2021 | −9.1 pp | JPM |
| FY2020 | −9.6 pp | JPM |
| FY2019 | −5.5 pp | JPM |
| FY2018 | −5.0 pp | JPM |
| FY2017 | −33.6 pp | JPM |
| FY2016 | −4.5 pp | JPM |
| FY2015 | −3.4 pp | JPM |
| FY2014 | −13.1 pp | JPM |
| FY2013 | −0.3 pp | JPM |
| FY2012 | −10.7 pp | JPM |
| FY2011 | −5.0 pp | JPM |
| FY2010 | −4.3 pp | JPM |
| FY2009 | −13.6 pp | JPM |
| FY2008 | −62.7 pp | JPM |
| FY2007 | −16.5 pp | JPM |
JPM has kept the higher net margin in every one of these 19 fiscal years.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
C's net margin has been more volatile than JPM's over the 19 comparable fiscal years — 18.0 percentage points of standard deviation against 7.5.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
JPM led in net margin in every one of the 19 comparable fiscal years — a structural lead, not a recent swing.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
C's return on equity has been more volatile than JPM's over the 19 comparable fiscal years — 6.9 percentage points of standard deviation against 3.4.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
JPM led in return on equity in every one of the 19 comparable fiscal years — a structural lead, not a recent swing.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.