Financials JPMorgan Chase & Co.

Equities

JPM

US46625H1005

Banks

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
193.5 USD +0.06% Intraday chart for JPMorgan Chase & Co. +4.14% +13.75%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 437,160 387,335 467,966 393,343 491,761 555,721 - -
Enterprise Value (EV) 1 437,160 387,335 467,966 393,343 491,761 555,721 555,721 555,721
P/E ratio 13 x 14.3 x 10.3 x 11.1 x 10.5 x 12 x 11.8 x 11 x
Yield 2.44% 2.83% 2.4% 2.98% 2.41% 2.4% 2.51% 2.67%
Capitalization / Revenue 3.78 x 3.24 x 3.85 x 3.06 x 3.11 x 3.37 x 3.35 x 3.26 x
EV / Revenue 3.78 x 3.24 x 3.85 x 3.06 x 3.11 x 3.37 x 3.35 x 3.26 x
EV / EBITDA - - - - - 6.89 x 7.13 x 7.51 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.83 x 1.55 x 1.8 x 1.49 x 1.63 x 1.7 x 1.59 x 1.52 x
Nbr of stocks (in thousands) 3,136,012 3,048,203 2,955,266 2,933,205 2,891,008 2,872,091 - -
Reference price 2 139.4 127.1 158.4 134.1 170.1 193.5 193.5 193.5
Announcement Date 1/14/20 1/15/21 1/14/22 1/13/23 1/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 115,627 119,543 121,649 128,695 158,104 164,845 165,651 170,485
EBITDA 1 - - - - - 80,642 77,967 74,012
EBIT 1 50,130 52,887 50,306 52,555 70,932 73,661 71,511 70,004
Operating Margin 43.35% 44.24% 41.35% 40.84% 44.86% 44.69% 43.17% 41.06%
Earnings before Tax (EBT) 1 44,545 35,407 59,562 46,166 61,612 62,959 62,204 64,962
Net income 1 34,642 27,410 46,503 35,892 47,760 46,954 46,197 46,999
Net margin 29.96% 22.93% 38.23% 27.89% 30.21% 28.48% 27.89% 27.57%
EPS 2 10.72 8.880 15.36 12.09 16.23 16.17 16.38 17.59
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 3.400 3.600 3.800 4.000 4.100 4.640 4.862 5.160
Announcement Date 1/14/20 1/15/21 1/14/22 1/13/23 1/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 29,647 29,257 30,717 30,715 32,716 34,547 38,349 41,307 39,874 38,574 41,934 41,340 40,956 40,042 41,882
EBITDA - - - - - - - - - - - - - - -
EBIT 1 12,584 11,369 11,526 11,966 13,538 15,525 18,242 20,485 18,117 14,088 19,177 18,935 18,396 16,942 18,110
Operating Margin 42.45% 38.86% 37.52% 38.96% 41.38% 44.94% 47.57% 49.59% 45.44% 36.52% 45.73% 45.8% 44.92% 42.31% 43.24%
Earnings before Tax (EBT) 1 14,111 12,657 10,063 10,865 12,001 13,237 15,967 17,586 16,733 11,326 17,293 16,116 15,383 14,086 16,135
Net income 1 11,229 9,927 7,845 8,195 9,255 10,598 12,193 14,011 12,685 8,870 12,942 12,004 11,285 10,417 11,923
Net margin 37.88% 33.93% 25.54% 26.68% 28.29% 30.68% 31.79% 33.92% 31.81% 22.99% 30.86% 29.04% 27.55% 26.01% 28.47%
EPS 2 3.740 3.330 2.630 2.760 3.120 3.570 4.100 4.750 4.330 3.040 4.440 4.114 3.930 3.634 4.137
Dividend per Share 2 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.050 1.050 1.150 1.150 1.162 1.162 1.185
Announcement Date 10/13/21 1/14/22 4/13/22 7/14/22 10/14/22 1/13/23 4/14/23 7/14/23 10/13/23 1/12/24 4/12/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 15% 12% 19% 14% 17% 14.9% 14% 14.1%
ROA (Net income/ Total Assets) 1.33% 0.91% 1.3% 0.98% 1.3% 1.2% 1.15% 1.15%
Assets 1 2,604,662 3,012,088 3,577,154 3,662,449 3,673,846 3,909,907 4,013,970 4,078,027
Book Value Per Share 2 76.00 81.80 88.10 90.30 104.0 114.0 122.0 127.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/14/20 1/15/21 1/14/22 1/13/23 1/12/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
193.5 USD
Average target price
206.4 USD
Spread / Average Target
+6.65%
Consensus
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