JPM financial statements
The full income statement, balance sheet, and cash-flow statement for JPMorgan Chase & Co. (JPM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 182B+2.8% | 178B+12.3% | 158B+22.9% | 129B+5.8% | 122B+1.4% | ||
| Lease income | 3.80B+36.1% | 2.79B-1.7% | 2.84B-22.2% | 3.65B-25.6% | 4.91B-11.3% | |
| Noninterest income | 87.0B+2.4% | 85.0B+23.4% | 68.8B+11.1% | 62.0B-10.6% | 69.3B+6.0% | |
| Amortization of intangibles | 292M-13.9% | 339M+7.6% | 315M+117.2% | 145M | — | |
| Noninterest expense | 95.6B+4.2% | 91.8B+5.3% | 87.2B+14.5% | 76.1B+6.7% | 71.3B+7.0% | |
| Provision for credit losses | 14.2B+33.1% | 10.7B+14.6% | 9.32B+45.9% | 6.39B+169.0% | -9.26B-153.0% | |
| Interest expense | — | — | 81.3B+211.6% | 26.1B+370.0% | 5.55B-44.2% | |
| Interest & investment income | 193B-0.3% | 194B+13.7% | 171B+83.8% | 92.8B+60.4% | 57.9B-10.3% | |
| Net interest income | 95.4B+3.1% | 92.6B+3.7% | 89.3B+33.8% | 66.7B+27.5% | 52.3B-4.1% | |
| Pre-tax income | 72.6B-3.3% | 75.1B+21.9% | 61.6B+33.5% | 46.2B-22.5% | 59.6B+66.3% | |
| Income tax | 15.5B-6.4% | 16.6B+37.7% | 12.1B+42.0% | 8.49B-24.4% | 11.2B+68.0% | |
| 57.0B-2.4% | 58.5B+18.0% | 49.6B+31.5% | 37.7B-22.1% | 48.3B+65.9% | ||
| Preferred dividends | 1.10B-12.7% | 1.26B-16.1% | 1.50B-5.9% | 1.59B-0.3% | 1.60B+1.1% | |
| Net income to common | 55.7B-2.1% | 56.9B+19.1% | 47.8B+33.1% | 35.9B-22.8% | 46.5B+69.7% | |
| $20.02+1.4% | $19.75+21.7% | $16.23+34.2% | $12.09-21.3% | $15.36+73.0% | ||
| EPS (basic) | $20.05+1.3% | $19.79+21.8% | $16.25+34.3% | $12.10-21.4% | $15.39+73.1% | |
| Weighted-avg shares (basic) | 2.78B-3.4% | 2.87B-2.2% | 2.94B-0.9% | 2.97B-1.8% | 3.02B-2.0% | |
| Weighted-avg shares (diluted) | 2.78B-3.4% | 2.88B-2.2% | 2.94B-0.9% | 2.97B-1.9% | 3.03B-2.0% | |
| Dividends per share | $5.80+20.8% | $4.80+17.1% | $4.10+2.5% | $4.00+5.3% | $3.80+5.6% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 343B-26.8% | 469B-24.8% | 624B+10.0% | 567B-23.4% | 741B+40.4% | |
| 4.42T+10.5% | 4.00T+3.3% | 3.88T+5.7% | 3.67T-2.1% | 3.74T+10.6% | ||
| Property, plant & equipment | — | — | — | 27.7B+2.5% | 27.1B-0.1% | |
| Operating lease right-of-use | 8.90B+4.8% | 8.49B+0.7% | 8.43B+8.3% | 7.78B-1.3% | 7.89B-1.5% | |
| Goodwill | 52.7B+0.3% | 52.6B-0.1% | 52.6B+1.9% | 51.7B+2.7% | 50.3B+2.2% | |
| Intangible assets | 1.30B-23.5% | 1.70B-15.0% | 2.00B+182.9% | 707M | — | |
| Short-term & current debt | 64.8B+22.5% | 52.9B+18.3% | 44.7B+1.6% | 44.0B-17.9% | 53.6B+18.5% | |
| 4.06T+11.1% | 3.66T+3.1% | 3.55T+5.2% | 3.37T-2.2% | 3.45T+11.1% | ||
| Long-term debt | 435B+8.4% | 401B+2.4% | 392B+32.4% | 296B-1.7% | 301B+6.9% | |
| Operating lease liability (total) | 9.34B+4.9% | 8.90B+0.8% | 8.83B+7.9% | 8.18B-1.7% | 8.33B-2.1% | |
| 362B+5.1% | 345B+5.1% | 328B+12.2% | 292B-0.6% | 294B+5.3% | ||
| Common stock | 4.11B+0.0% | 4.11B+0.0% | 4.11B+0.0% | 4.11B+0.0% | 4.11B+0.0% | |
| Additional paid-in capital | 91.1B+0.2% | 90.9B+0.9% | 90.1B+1.2% | 89.0B+0.7% | 88.4B+0.0% | |
| Retained earnings | 416B+10.6% | 376B+13.0% | 333B+12.3% | 296B+8.9% | 272B+14.9% | |
| Treasury stock | 165B+22.8% | 134B+15.3% | 116B+8.3% | 107B+1.8% | 105B+19.5% | |
| Accumulated other comprehensive income | -4.29B+65.6% | -12.5B-19.3% | -10.4B+39.8% | -17.3B-20544.0% | -84.0M-101.1% | |
| Total liabilities & equity | 4.42T+10.5% | 4.00T+3.3% | 3.88T+5.7% | 3.67T-2.1% | 3.74T+10.6% | |
| Common shares issued | 4.10B+0.0% | 4.10B+0.0% | 4.10B+0.0% | 4.10B+0.0% | 4.10B+0.0% | |
| Common shares outstanding | 2.70B-3.6% | 2.80B-2.7% | 2.88B-2.0% | 2.93B-0.3% | 2.94B-3.5% | |
| Shares outstanding (cover) | 2.70B-3.5% | 2.80B-2.9% | 2.88B-2.1% | 2.94B-0.3% | 2.95B-3.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -148B-251.8% | -42.0B-423.8% | 13.0B-87.9% | 107B+37.2% | 78.1B+197.7% | ||
| Depreciation & amortization | 8.82B+11.1% | 7.94B+5.7% | 7.51B+6.5% | 7.05B-11.1% | 7.93B-7.9% | |
| Intangible amortization | 292M-13.9% | 339M+7.6% | 315M+117.2% | 145M | — | |
| Share-based compensation | 3.61B+3.1% | 3.50B+12.4% | 3.12B+11.6% | 2.79B-4.6% | 2.93B+19.5% | |
| Deferred income taxes | 5.61B+180.0% | 2.00B+144.2% | -4.53B-65.6% | -2.74B-173.1% | 3.75B+204.9% | |
| Other operating activities | 9.56B+55.2% | 6.16B+34.5% | 4.58B+95.9% | 2.34B+687.7% | -398M-112.8% | |
| -266B-62.5% | -163B-341.6% | 67.6B+149.1% | -138B-6.6% | -129B+50.6% | ||
| Acquisitions | 0.00-100.0% | 2.36B-76.2% | 9.92B | 0.00 | 0.00 | |
| Sales/maturities of investments | 37.4B-2.8% | 38.5B-28.4% | 53.7B+37.2% | 39.2B-21.8% | 50.1B-13.2% | |
| Other investing activities | 12.7B+490.2% | 2.15B-87.2% | 16.7B+40.3% | 11.9B+8.0% | 11.0B+50.4% | |
| 270B+324.8% | 63.4B+348.1% | -25.6B+79.7% | -126B-145.7% | 276B-53.7% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 31.6B+67.8% | 18.8B+91.7% | 9.82B+210.7% | 3.16B-82.8% | 18.4B+182.5% | |
| Dividends paid | 16.6B+12.5% | 14.8B+9.8% | 13.5B-0.7% | 13.6B+5.5% | 12.9B+1.3% | |
| Other financing activities | -2.42B-64.4% | -1.47B+3.4% | -1.52B-750.0% | 234M+115.8% | -1.48B-59.3% | |
| FX effect on cash | 17.8B+238.6% | -12.9B-787.7% | 1.87B+111.2% | -16.6B-44.6% | -11.5B-225.7% | |
| Net change in cash | -126B+18.6% | -155B-372.0% | 56.9B+132.8% | -174B-181.4% | 213B-19.2% | |
| Interest paid | 96.4B-3.2% | 99.6B+29.2% | 77.1B+233.2% | 23.1B+350.1% | 5.14B-60.7% | |
| Income taxes paid | 5.31B-54.7% | 11.7B+18.2% | 9.91B+127.5% | 4.36B-76.8% | 18.7B+130.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 869B+29.7% | 670B+36.3% | 492B+25.0% | 393B-15.9% | 468B+20.6% | |
| P/E | 15.2×+32.9% | 11.5×+19.5% | 9.6×-9.6% | 10.6×+9.7% | 9.7×-27.3% | |
| P/S | 4.8×+26.2% | 3.8×+18.3% | 3.2×+0.1% | 3.2×-17.1% | 3.8×+18.9% | |
| P/B | 2.4×+23.3% | 1.9×+25.5% | 1.5×+13.5% | 1.4×-14.1% | 1.6×+14.5% | |
| Earnings yield | 6.6%-24.8% | 8.7%-16.3% | 10.4%+10.6% | 9.4%-8.8% | 10.3%+37.6% | |
| Dividend yield | 1.8%-10.1% | 2.0%-16.9% | 2.4%-19.2% | 3.0%+24.3% | 2.4%-15.3% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: JPM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all JPM filings on SEC EDGAR → Not investment advice.
