JPMorgan Chase Financials

JPM Stock  USD 200.30  0.78  0.39%   
Based on the measurements of operating efficiency obtained from JPMorgan Chase's historical financial statements, JPMorgan Chase Co is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. At this time, JPMorgan Chase's Cash And Short Term Investments are very stable compared to the past year. As of the 29th of March 2024, Liabilities And Stockholders Equity is likely to grow to about 4.1 T, while Short and Long Term Debt Total is likely to drop about 257.2 B. Key indicators impacting JPMorgan Chase's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.071.3314
Way Up
Slightly volatile
Operating Income64.7 B61.6 B
Sufficiently Up
Slightly volatile
Current Ratio7.176.8263
Sufficiently Up
Slightly volatile
The financial analysis of JPMorgan Chase is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for JPMorgan Chase includes many different criteria found on its balance sheet. For example, investors should never minimize JPMorgan Chase's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor JPMorgan Chase's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in JPMorgan Chase.

Net Income

52.03 Billion

With this module, you can analyze JPMorgan financials for your investing period. You should be able to track the changes in JPMorgan Chase individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past JPMorgan Chase Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of JPMorgan Chase's financial statements are interrelated, with each one affecting the others. For example, an increase in JPMorgan Chase's assets may result in an increase in income on the income statement.
Evaluating JPMorgan Chase's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of JPMorgan Chase's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the JPMorgan Chase's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
JPMorgan Chase Co has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for JPMorgan Chase stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, JPMorgan Chase's odds of distress score SHOULD NOT be confused with the real chance of JPMorgan Chase Co filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as JPMorgan is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include JPMorgan Chase's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in JPMorgan Chase's official financial statements usually reflect JPMorgan Chase's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of JPMorgan Chase. For example, before you start analyzing numbers published by JPMorgan accountants, it's critical to develop an understanding of what JPMorgan Chase's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of JPMorgan Chase's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, JPMorgan Chase's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in JPMorgan Chase's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of JPMorgan Chase Co. Please utilize our Beneish M Score to check the likelihood of JPMorgan Chase's management manipulating its earnings.

JPMorgan Chase Company Summary

JPMorgan Chase competes with Disney, General Electric, McDonalds, International Business, and HP. JPMorgan Chase Co. operates as a financial services company worldwide. JPMorgan Chase Co. was founded in 1799 and is headquartered in New York, New York. JP Morgan operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 288474 people.
Foreign Associates
Specialization
Financial Services, Banks - Diversified
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000019617
ISINUS46625H1005
CUSIP46625H100 16161A108
RegionNorth America
LocationNew York; U.S.A
Business Address383 Madison Avenue,
SectorBanks
IndustryFinancials
BenchmarkNYSE Composite
Websitewww.jpmorganchase.com
Phone212 270 6000
CurrencyUSD - US Dollar
You should never invest in JPMorgan Chase without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of JPMorgan Stock, because this is throwing your money away. Analyzing the key information contained in JPMorgan Chase's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

JPMorgan Chase Key Financial Ratios

Generally speaking, JPMorgan Chase's financial ratios allow both analysts and investors to convert raw data from JPMorgan Chase's financial statements into concise, actionable information that can be used to evaluate the performance of JPMorgan Chase over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that JPMorgan Chase reports annually and quarterly.

JPMorgan Chase Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.7T3.4T3.7T3.7T3.9T4.1T
Net Debt144.4B(101.2B)(271.7B)(100.5B)(187.6B)(178.2B)
Retained Earnings223.2B237.0B272.3B296.5B332.9B349.5B
Cash263.6B527.6B740.8B567.2B624.2B655.4B
Other Assets1.1T1.2T1.4T1.6T3.5T3.6T
Net Receivables122.6B170.1B159.7B196.1B107.4B80.3B
Total Liab2.4T3.1T3.4T3.4T3.5T3.7T
Total Current Assets747.6B1.1T1.2T969.2B305.2B314.6B
Short Term Debt40.9B45.2B53.6B44.0B44.7B33.9B
Other Current Liab(251.3B)(277.8B)(316.3B)(344.2B)(162.0B)(153.9B)
Accounts Payable210.4B232.6B262.8B300.1B162.0B190.2B
Long Term Debt137.1B187.8B301.0B190.6B391.8B232.0B
Good Will47.8B49.2B50.3B51.7B52.6B47.9B
Other Current Assets1.1T1.6T1.7T1.6T1.7T1.1T
Treasury Stock(60.5B)(83.0B)(88.2B)(105.4B)(94.9B)(90.1B)
Intangible Assets5.5B4.2B6.4B9.2B11.7B12.1B
Inventory(1.1T)(1.6T)(1.7T)(1.6T)(1.9T)(1.8T)
Net Tangible Assets234.3B249.3B208.1B264.9B304.7B203.4B
Long Term Debt Total137.1B187.8B301.0B190.6B171.5B217.0B
Capital Surpluse88.5B88.4B88.4B89.0B80.1B73.8B

JPMorgan Chase Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what JPMorgan Chase's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense26.8B10.0B5.6B26.1B81.3B85.4B
Operating Income45.1B36.9B60.0B46.4B61.6B64.7B
Ebit(10.4B)(11.5B)(10.2B)(9.1B)(9.3B)(8.8B)
Ebitda(2.0B)(2.8B)(2.3B)(2.1B)(1.8B)(1.7B)
Net Income36.4B29.1B48.3B37.7B49.6B52.0B
Income Tax Expense8.4B6.7B11.2B8.5B12.1B12.7B
Total Revenue115.7B119.9B121.7B128.6B155.0B162.7B
Gross Profit115.7B119.9B121.7B128.6B155.0B162.7B
Income Before Tax44.9B35.8B59.6B46.2B61.6B64.7B
Cost Of Revenue8.5B8.5B9.8B10.2B9.2B18.1B
Tax Provision8.1B6.3B11.2B8.5B12.1B10.0B
Net Interest Income57.2B54.6B52.3B66.7B89.3B62.9B
Interest Income84.0B64.5B57.9B92.8B170.6B87.8B

JPMorgan Chase Key Cash Accounts

Cash flow analysis captures how much money flows into and out of JPMorgan Chase. It measures of how well JPMorgan is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money JPMorgan Chase brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money JPMorgan had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what JPMorgan Chase has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(15.2B)264.0B213.2B(173.6B)56.9B59.8B
Free Cash Flow6.0B(79.9B)78.1B107.1B11.7B12.3B
Depreciation8.4B8.6B7.9B7.1B7.5B4.1B
Other Non Cash Items(41.9B)(98.1B)27.5B85.3B10.1B10.6B
Dividends Paid12.3B12.7B12.9B13.6B(13.5B)(12.8B)
Net Income36.4B29.1B48.3B37.7B49.6B52.0B
End Period Cash Flow263.6B527.6B740.8B567.2B624.2B655.4B
Change To Inventory(17.9B)(42.4B)(11.7B)(55.7B)33.0B34.6B
Investments4.7B(204.3B)(26.5B)3.1B67.6B71.0B
Change Receivables(78M)(18.0B)(12.4B)(23.0B)(20.7B)(19.6B)
Net Borrowings(35.7B)9.6B14.5B32.4B37.2B39.1B
Change To Netincome22.4B27.2B(14.1B)29.7B26.7B28.1B

JPMorgan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining JPMorgan Chase's current stock value. Our valuation model uses many indicators to compare JPMorgan Chase value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across JPMorgan Chase competition to find correlations between indicators driving JPMorgan Chase's intrinsic value. More Info.
JPMorgan Chase Co is currently regarded as number one stock in return on equity category among related companies. It is currently regarded as number one stock in price to book category among related companies fabricating about  12.02  of Price To Book per Return On Equity. At this time, JPMorgan Chase's Return On Equity is very stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value JPMorgan Chase by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for JPMorgan Chase's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the JPMorgan Chase's earnings, one of the primary drivers of an investment's value.

JPMorgan Chase Systematic Risk

JPMorgan Chase's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. JPMorgan Chase volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on JPMorgan Chase correlated with the market. If Beta is less than 0 JPMorgan Chase generally moves in the opposite direction as compared to the market. If JPMorgan Chase Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one JPMorgan Chase is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of JPMorgan Chase is generally in the same direction as the market. If Beta > 1 JPMorgan Chase moves generally in the same direction as, but more than the movement of the benchmark.

About JPMorgan Chase Financials

What exactly are JPMorgan Chase Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include JPMorgan Chase's income statement, its balance sheet, and the statement of cash flows. Potential JPMorgan Chase investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although JPMorgan Chase investors may use each financial statement separately, they are all related. The changes in JPMorgan Chase's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JPMorgan Chase's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze JPMorgan Chase Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as JPMorgan Chase is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of JPMorgan has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if JPMorgan Chase's financials are consistent with your investment objective using the following steps:
  • Review JPMorgan Chase's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand JPMorgan Chase's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare JPMorgan Chase's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if JPMorgan Chase's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

JPMorgan Chase Thematic Clasifications

JPMorgan Chase Co is part of several thematic ideas from FinTech to Baby Boomer Prospects. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in JPMorgan Chase Stock are looking for potential investment opportunities by analyzing not only static indicators but also various JPMorgan Chase's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of JPMorgan Chase growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.18

At this time, JPMorgan Chase's Price Earnings To Growth Ratio is very stable compared to the past year.

JPMorgan Chase March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of JPMorgan Chase help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of JPMorgan Chase Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of JPMorgan Chase Co based on widely used predictive technical indicators. In general, we focus on analyzing JPMorgan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build JPMorgan Chase's daily price indicators and compare them against related drivers.
When determining whether JPMorgan Chase is a strong investment it is important to analyze JPMorgan Chase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan Chase's future performance. For an informed investment choice regarding JPMorgan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running JPMorgan Chase's price analysis, check to measure JPMorgan Chase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JPMorgan Chase is operating at the current time. Most of JPMorgan Chase's value examination focuses on studying past and present price action to predict the probability of JPMorgan Chase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JPMorgan Chase's price. Additionally, you may evaluate how the addition of JPMorgan Chase to your portfolios can decrease your overall portfolio volatility.
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Is JPMorgan Chase's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JPMorgan Chase. If investors know JPMorgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JPMorgan Chase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
4.1
Earnings Share
16.22
Revenue Per Share
49.687
Quarterly Revenue Growth
0.111
The market value of JPMorgan Chase is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Chase's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Chase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Chase's market value can be influenced by many factors that don't directly affect JPMorgan Chase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.