Is JPMorgan Chase (JPM) overvalued or fairly valued?

MarketChacha shows JPMorgan Chase's valuation in context — a trailing P/E of about 16.2, a forward P/E of about 14.4, a price-to-book of about 2.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is JPMorgan Chase's revenue?

JPMorgan Chase reported revenue of $182.4B for FY2025, with net profit of $57.0B, per official filings.

What is the share price of JPMorgan Chase (JPM)?

JPMorgan Chase last traded at $345.35 (-3.3% on the day), as of 7/29/2026 — a delayed quote shown for education, not investment advice.

JPMorgan Chase

JPM · NYSE · Banking · United States

Snapshot

TickerJPM

ExchangeNYSE

SectorBanking

IndustryBanks - Diversified

CountryUnited States

CEOMs. Mary Callahan Erdoes

Employees320,560

HeadquartersNew York, United States

Websitewww.jpmorganchase.com

Filings tracked25

About JPMorgan Chase

JPMorgan Chase & Co. operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean. It operates in three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, and cash management; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, payment solutions, travel services, merchant offers, lifestyle benefits, auto loans, and leases to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking, market-making, financing, custody, and securities products and services; corporate strategy and structure advisory, equity and debt market capital-raising, and loan origination and syndication services; cash and derivative instruments, risk management solutions, prime brokerage, clearing, and research; and fund services, liquidity and trading services, and data solutions products for large corporations, financial institutions, merchants, start-ups, small and midsized companies, local governments, municipalities, nonprofits, and commercial real estate clients. In addition, the company offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; retirement products and services, estate planning, lending, deposits, and investment management products to high-net-worth clients; and financial transaction processing. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

Who owns it

Insiders0.4%
Institutions76.1%
Public & other23.5%

6,270 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.7.77%
Vanguard Capital Management LLC6.17%
State Street Corporation4.64%
Morgan Stanley2.56%
Vanguard Portfolio Management LLC2.45%
Bank of America Corporation2.45%
Geode Capital Management, LLC2.33%
Northern Trust Corporation1.17%

Largest institutional holders — last updated 3/31/2026.

Forensic scorecard

Over 3 years only -1.07× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion-1.07×

Net margin trend31.3% → 31.3%

Margin has held broadly steady over the period — stable profitability.

Return on equity15.7%

Latest ROE of 15.7% — capital is generating a healthy return.

Growth qualityrev 7% · PAT 7%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $50.9B · EPS 5.93

Est. earnings growth +28.1%

Next fiscal year

Rev $212.5B · EPS 24.80

Est. earnings growth +3.0%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$182.4B

Net margin

31.3%

ROE

15.7%

Revenue CAGR (2y)

+7.4%

Profit CAGR (2y)

+7.3%

EPS (FY2025)

20.02

Net profit (FY2025)

$57.0B

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On MarketChacha

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$182.4B	$57.0B	20.02	31.3%	15.7%
FY2024	$177.6B	$58.5B	19.75	32.9%	17.0%
FY2023	$158.1B	$49.6B	16.23	31.3%	15.1%

Quarterly

Period	Net profit	EPS
2026Q1	$16.5B	5.94
2025Q3	$14.4B	5.07
2025Q2	$15.0B	5.24
2025Q1	$14.6B	5.07
2024Q3	$12.9B	4.37
2024Q2	$18.1B	6.12
2024Q1	$13.4B	4.44
2023Q3	$13.2B	4.33
2023Q2	$14.5B	4.75
2023Q1	$12.6B	4.10

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Bylaw/charter change
SEC7/23/2026material
8-K — Other events, Exhibits
SEC7/23/2026material
8-K — Reg FD disclosure, Exhibits
SEC7/14/2026material
8-K — Results of operations, Exhibits
SEC7/14/2026material
8-K — Executive/director change
SEC6/25/2026material
8-K — Other events, Exhibits
SEC6/24/2026material
8-K — Reg FD disclosure, Exhibits
SEC6/24/2026material
8-K — Other events, Exhibits
SEC6/2/2026material
8-K — Other events, Exhibits
SEC5/27/2026material
8-K — Shareholder vote results
SEC5/21/2026material
8-K — Security holder rights, Bylaw/charter change, Other events, Exhibits
SEC5/7/2026material
10-Q filing
SEC5/1/2026
8-K — Bylaw/charter change
SEC4/24/2026material
8-K — Other events, Exhibits
SEC4/23/2026material
8-K — Results of operations, Exhibits
SEC4/14/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/14/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/23/2026material
10-K filing
SEC2/13/2026
8-K — Other events, Exhibits
SEC2/5/2026material
8-K — Other events, Exhibits
SEC1/22/2026material
8-K — Executive/director change
SEC1/22/2026material
8-K — Results of operations, Exhibits
SEC1/13/2026material
8-K — Reg FD disclosure, Exhibits
SEC1/13/2026material

2025

8-K — Executive/director change
SEC12/8/2025material
10-Q filing
SEC11/4/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.