MARKETS / NYSE / JPM

NYSE · NATIONAL COMMERCIAL BANKS · LARGE CAP

JPMorgan Chase & Co. JPM

19 fiscal years on record · USD · FY2025 reported · SEC filings only

15 YEARS OF DIVIDEND GROWTH

Revenue

$182.4B

▲ 2.8% YoY

Net income

$57.0B

▼ 2.4% YoY

In brief

What this company does

JPMorgan Chase & Co. is a financial services firm based in the United States of America, with operations worldwide. The firm provides investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the firm serves millions of customers, predominantly in the U.S., and corporate, institutional and government clients globally. JPMorganChase held $4.4 trillion in assets and $362.4 billion in stockholders' equity as of December 31, 2025. Globally, JPMorganChase employed 318,512 people as of December 31, 2025. For management reporting purposes the firm has three reportable business segments, Consumer & Community Banking, Commercial & Investment Bank and Asset & Wealth Management, with the remaining activities in Corporate. Its principal bank subsidiary, JPMorgan Chase Bank, National Association, is a national banking association with U.S. branches in 48 states and Washington, D.C. JPMorgan Chase & Co. was incorporated as a financial holding company under Delaware law in 1968.

Written from the business description in JPMORGAN CHASE & CO's annual report to the U.S. Securities and Exchange Commission, filed 13 February 2026. Every sentence was checked against that document before publication.

Growth

USD 182.4B

Revenue, FY2025 · full 19-year series below

Revenue $B Net income $B

FY2025 · Revenue 182.4 · Net income 57.0

Compound annual growth

Revenue

+12.3%

+8.7%

+6.9%

+3.9%

Net income

+14.8%

+14.4%

+8.8%

+8.3%

EPS, diluted

+18.3%

+17.7%

+12.8%

+11.4%

Dividend / share

+13.2%

+10.0%

+12.9%

+25.2%

Returned to shareholders

+42.3%

+20.2%

+13.6%

+17.2%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +8.7% a year over five years — but profit grew faster: net income at +14.4%, earnings per share at +17.7%.

The share count fell from 3.05B to 2.70B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

31 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 39.8% · Net 31.3%

ROE

FY2025 · ROE 16.1%

Gross margin—

Operating margin39.8%

Net margin31.3%

Return on assets1.4%

EBITDAUSD 81.4B

Each USD of equity produced 16 cents of profit this year.

Cash & shareholders

USD 48.2B

returned in FY2025 · dividends + net buybacks

Net buybacks $B Dividends $B

FY2025 · Dividends 16.6 · Net buybacks 31.6

Dividends paidUSD 16.6B

Net buybacksUSD 31.6B

Share of profit84.5%

Consecutive raises15 years

USD 16.6B in dividends and USD 31.6B in buybacks — 85% of the year's profit went back to shareholders.

Total assetsUSD 4.42T

EquityUSD 362.4B

CashUSD 343.3B

Gross debtUSD 500.0B

Net debtUSD 156.6B

DepositsUSD 2.56T

Net debt stands at 43% of equity.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue $B	182.4	177.6	158.1	128.7	121.6	120.0	115.7	108.8	100.7	96.6	93.5	95.1	97.4	97.0	97.2	102.7	100.4	67.3	71.4
Operating income $B	72.6	75.1	61.6	46.2	59.6	35.8	44.9	40.8	35.9	34.5	30.7	30.7	26.7	28.9	26.7	24.9	16.1	·	·
EBITDA $B	81.4	83.0	69.1	53.2	67.5	44.4	53.2	48.6	42.1	40.0	35.6	35.5	32.0	34.1	31.0	28.9	19.4	·	·
Income tax $B	15.5	16.6	12.1	8.5	11.2	6.7	8.4	8.3	11.5	9.8	6.3	9.0	8.8	7.6	7.8	7.5	4.4	−0.9	7.4
Net income $B	57.0	58.5	49.6	37.7	48.3	29.1	36.4	32.5	24.4	24.7	24.4	21.7	17.9	21.3	19.0	17.4	11.7	5.6	15.4
EPS, diluted $	20.02	19.75	16.23	12.09	15.36	8.88	10.72	9.00	6.31	6.19	6.00	5.29	4.34	5.20	4.48	3.96	2.26	1.35	4.33
Dividend / sh $	5.80	4.80	4.10	4.00	3.80	3.60	3.40	2.72	2.12	1.88	1.72	1.58	1.44	1.20	1.00	0.20	0.20	1.52	1.48
Payout %	29	25	27	36	27	44	34	31	37	34	32	32	34	24	21	9	29	105	33
ROE %	16.1	17.4	16.0	12.8	16.9	10.8	14.1	12.7	9.6	9.9	10.2	9.8	8.6	11.0	10.6	10.3	7.2	3.4	·
Shares out B	2.70	2.80	2.88	2.93	2.94	3.05	3.08	3.28	3.43	3.56	3.66	3.71	3.76	3.80	3.77	3.91	3.94	3.73	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

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Provenance

Company facts, as filed

How we verify · 0 failures in 56 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 1 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityNational Commercial Banks

Listed onNYSE

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2007