JPM vs PNC
JPMorgan Chase & Co. and PNC Financial Services Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | JPM | PNC |
|---|---|---|
| Revenue | $182.4B | $23.1B |
| Net income | $57.0B | $7.0B |
| Gross margin | · | · |
| Net margin | 31.3% | 30.3% |
| Return on equity | 16.1% | 12.2% |
| Diluted EPS | $20.02 | $16.59 |
| Dividend / share | $5.80 | $6.60 |
| Payout ratio | 29.1% | 37.7% |
| Free cash flow | · | · |
| Equity | $362.4B | $60.6B |
| Net debt / equity | 0.43× | 0.29× |
| Current ratio | · | · |
| Revenue CAGR 5y | 8.7% | 6.4% |
| Profit CAGR 5y | 14.4% | −1.5% |
JPM bills 7.9× the revenue of PNC, and keeps more of each dollar of revenue as profit (31.3% against 30.3%).
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 | JPM | PNC |
|---|---|---|
| FY2025 | $182.4B | $23.1B |
| FY2024 | $177.6B | $21.6B |
| FY2023 | $158.1B | $21.5B |
| FY2022 | $128.7B | $21.1B |
| FY2021 | $121.6B | $19.2B |
| FY2020 | $120.0B | $16.9B |
| FY2019 | $115.7B | $16.8B |
| FY2018 | $108.8B | $16.2B |
| FY2017 | $100.7B | $16.3B |
| FY2016 | $96.6B | $15.2B |
Bottom line
| Fiscal year | JPM | PNC |
|---|---|---|
| FY2025 | $57.0B | $7.0B |
| FY2024 | $58.5B | $6.0B |
| FY2023 | $49.6B | $5.6B |
| FY2022 | $37.7B | $6.1B |
| FY2021 | $48.3B | $5.7B |
| FY2020 | $29.1B | $7.6B |
| FY2019 | $36.4B | $5.4B |
| FY2018 | $32.5B | $5.3B |
| FY2017 | $24.4B | $5.4B |
| FY2016 | $24.7B | $4.0B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$159,348,000,000 | JPM |
| FY2024 | +$156,001,000,000 | JPM |
| FY2023 | +$136,614,000,000 | JPM |
| FY2022 | +$107,575,000,000 | JPM |
| FY2021 | +$102,438,000,000 | JPM |
| FY2020 | +$103,050,000,000 | JPM |
| FY2019 | +$98,881,000,000 | JPM |
| FY2018 | +$92,593,000,000 | JPM |
| FY2017 | +$84,376,000,000 | JPM |
| FY2016 | +$81,407,000,000 | JPM |
| FY2015 | +$78,318,000,000 | JPM |
| FY2014 | +$79,737,000,000 | JPM |
| FY2013 | +$81,355,000,000 | JPM |
| FY2012 | +$81,519,000,000 | JPM |
| FY2011 | +$82,908,000,000 | JPM |
| FY2010 | +$87,518,000,000 | JPM |
| FY2009 | +$84,206,000,000 | JPM |
| FY2008 | +$60,956,000,000 | JPM |
| FY2007 | +$65,481,000,000 | JPM |
JPM has reported the higher revenue in every one of these 19 fiscal years. 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 | +1.0 pp | JPM |
| FY2024 | +5.3 pp | JPM |
| FY2023 | +5.1 pp | JPM |
| FY2022 | +0.3 pp | JPM |
| FY2021 | +9.9 pp | JPM |
| FY2020 | −20.4 pp | PNC |
| FY2019 | −0.7 pp | PNC |
| FY2018 | −3.2 pp | PNC |
| FY2017 | −8.7 pp | PNC |
| FY2016 | −0.7 pp | PNC |
| FY2015 | −1.1 pp | PNC |
| FY2014 | −4.5 pp | PNC |
| FY2013 | −7.9 pp | PNC |
| FY2012 | +2.6 pp | JPM |
| FY2011 | −1.9 pp | PNC |
| FY2010 | −5.5 pp | PNC |
| FY2009 | −3.1 pp | PNC |
| FY2008 | −6.2 pp | PNC |
| FY2007 | −3.8 pp | PNC |
The higher net margin has changed hands between JPM and PNC over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
JPM's net margin has been more volatile than PNC's over the 19 comparable fiscal years — 7.5 percentage points of standard deviation against 6.7.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between JPM and PNC over these 19 fiscal years — JPM led in 6 and PNC in 13.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
JPM's return on equity has been more volatile than PNC's over the 19 comparable fiscal years — 3.4 percentage points of standard deviation against 2.1.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between JPM and PNC over these 19 fiscal years — JPM led in 13 and PNC in 6.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.