43/100B337.99
USD
-2.74
(-0.80%)
Post Trading·337.88USD-0.12(-0.03%)
Last updated: · Delayed 15 min
Fair value 280.79+20%185Price 337.99410
Q4 FY2026 · Earnings report
EPS estimate 5.86Revenue estimate 51.07B
Q4 FY2026 · Earnings report
EPS estimate 5.86Revenue estimate 51.07B
JPMorgan Chase & Co return on equity (ROE)
JPMorgan Chase & Co's return on equity is 17.47%: net income of 65.07B USD over the last twelve months on shareholders' equity of 372.37B USD.
- Today
- 17.47%
- Average, 5 years
- 15.52%
- Low, 5 years
- 12.87%
- High, 5 years
- 17.72%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 65.07B ÷ 372.37B = 17.47%
ROE (return on equity)
Net income
Shareholders' equity
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is JPMorgan Chase & Co's return on equity so high?
Net margin
20.4%
profit on each dollar of sales
×
Asset turnover
0.06×
sales on each dollar of assets
×
Equity multiplier
12.21×
assets on each dollar of equity
=
Return on equity
15.7%
FY2025
- FY202520.4% × 0.06 × 12.21 = 15.7%
- FY202421.6% × 0.07 × 11.61 = 17.0%
- FY202321.0% × 0.06 × 11.82 = 15.1%
- FY202224.5% × 0.04 × 12.54 = 12.9%
- FY202138.0% × 0.03 × 12.73 = 16.4%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) |
|---|---|---|
| Today | 17.47% | |
| FY2025 | 31 Dec 2025 | 15.74% |
| FY2024 | 31 Dec 2024 | 16.96% |
| FY2023 | 31 Dec 2023 | 15.11% |
| FY2022 | 31 Dec 2022 | 12.89% |
| FY2021 | 31 Dec 2021 | 16.43% |
| FY2020 | 31 Dec 2020 | 10.43% |
| FY2019 | 31 Dec 2019 | 13.94% |
| FY2018 | 31 Dec 2018 | 12.66% |
| FY2017 | 31 Dec 2017 | 9.56% |
| FY2016 | 31 Dec 2016 | 9.73% |
| FY2015 | 31 Dec 2015 | 9.87% |
| FY2014 | 31 Dec 2014 | 9.38% |
| FY2013 | 31 Dec 2013 | 8.47% |
| FY2012 | 31 Dec 2012 | 10.43% |
| FY2011 | 31 Dec 2011 | 10.34% |
| FY2010 | 31 Dec 2010 | 9.86% |
| FY2009 | 31 Dec 2009 | 7.09% |
| FY2008 | 31 Dec 2008 | 3.36% |
| FY2007 | 31 Dec 2007 | 12.47% |
| FY2006 | 31 Dec 2006 | 12.47% |
| FY2005 | 31 Dec 2005 | 7.91% |
| FY2004 | 31 Dec 2004 | 4.23% |
| FY2003 | 31 Dec 2003 | 14.56% |
| FY2002 | 31 Dec 2002 | 3.93% |
| FY2001 | 31 Dec 2001 | 4.12% |
| FY2000 | 31 Dec 2000 | 13.35% |
| FY1999 | 31 Dec 1999 | 31.76% |
| FY1998 | 31 Dec 1998 | 15.87% |
| FY1997 | 31 Dec 1997 | 17.05% |
| FY1996 | 31 Dec 1996 | 11.72% |
| FY1995 | 31 Dec 1995 | 24.93% |
| FY1994 | 31 Dec 1994 | 12.08% |
| FY1993 | 31 Dec 1993 | 14.05% |
| FY1992 | 31 Dec 1992 | 11.02% |
| FY1991 | 31 Dec 1991 | 2.12% |
| FY1990 | 31 Dec 1990 | 7.45% |
| FY1989 | 31 Dec 1989 | -13.01% |
| FY1988 | 31 Dec 1988 | — |
| FY1987 | 31 Dec 1987 | — |
| FY1986 | 31 Dec 1986 | — |
| FY1985 | 31 Dec 1985 | — |
| Quarter | Period ending | ROE (return on equity) |
|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 17.72% |
| Q2 FY2026 | 30 Jun 2026 | 17.37% |
| Q1 FY2026 | 31 Mar 2026 | 16.18% |
| Q4 FY2025 | 31 Dec 2025 | 15.74% |
| Q3 FY2025 | 30 Sept 2025 | 16.11% |
| Q2 FY2025 | 30 Jun 2025 | 15.84% |
| Q1 FY2025 | 31 Mar 2025 | 16.99% |
| Q4 FY2024 | 31 Dec 2024 | 16.96% |
| Q3 FY2024 | 30 Sept 2024 | 15.55% |
| Q2 FY2024 | 30 Jun 2024 | 15.86% |
| Q1 FY2024 | 31 Mar 2024 | 14.96% |
| Q4 FY2023 | 31 Dec 2023 | 15.11% |
| Q3 FY2023 | 30 Sept 2023 | 16.15% |
| Q2 FY2023 | 30 Jun 2023 | 15.31% |
| Q1 FY2023 | 31 Mar 2023 | 13.86% |
| Q4 FY2022 | 31 Dec 2022 | 12.89% |
| Q3 FY2022 | 30 Sept 2022 | 12.87% |
| Q2 FY2022 | 30 Jun 2022 | 13.64% |
| Q1 FY2022 | 31 Mar 2022 | 14.80% |
| Q4 FY2021 | 31 Dec 2021 | 16.43% |
| Q3 FY2021 | 30 Sept 2021 | 17.26% |
| Q2 FY2021 | 30 Jun 2021 | 16.68% |
| Q1 FY2021 | 31 Mar 2021 | 14.43% |
| Q4 FY2020 | 31 Dec 2020 | 10.41% |
| Q3 FY2020 | 30 Sept 2020 | 9.39% |
| Q2 FY2020 | 30 Jun 2020 | 9.51% |
| Q1 FY2020 | 31 Mar 2020 | 11.53% |
| Q4 FY2019 | 31 Dec 2019 | 13.94% |
| Q3 FY2019 | 30 Sept 2019 | 13.23% |
| Q2 FY2019 | 30 Jun 2019 | 13.02% |
| Q1 FY2019 | 31 Mar 2019 | 12.68% |
| Q4 FY2018 | 31 Dec 2018 | 12.66% |
| Q3 FY2018 | 30 Sept 2018 | 11.45% |
| Q2 FY2018 | 30 Jun 2018 | 10.87% |
| Q1 FY2018 | 31 Mar 2018 | 10.42% |
| Q4 FY2017 | 31 Dec 2017 | 9.56% |
| Q3 FY2017 | 30 Sept 2017 | 10.42% |
| Q2 FY2017 | 30 Jun 2017 | 10.25% |
| Q1 FY2017 | 31 Mar 2017 | 10.03% |
| Q4 FY2016 | 31 Dec 2016 | 9.73% |
| Q3 FY2016 | 30 Sept 2016 | 9.22% |
| Q2 FY2016 | 30 Jun 2016 | 9.49% |
| Q1 FY2016 | 31 Mar 2016 | 9.61% |
| Q4 FY2015 | 31 Dec 2015 | 9.87% |
| Q3 FY2015 | 30 Sept 2015 | 9.74% |
| Q2 FY2015 | 30 Jun 2015 | 9.41% |
| Q1 FY2015 | 31 Mar 2015 | 9.49% |
| Q4 FY2014 | 31 Dec 2014 | 9.38% |
| Q3 FY2014 | 30 Sept 2014 | 9.55% |
| Q2 FY2014 | 30 Jun 2014 | 7.10% |
| Q1 FY2014 | 31 Mar 2014 | 7.59% |
| Q4 FY2013 | 31 Dec 2013 | 8.49% |
| Q3 FY2013 | 30 Sept 2013 | 8.87% |
| Q2 FY2013 | 30 Jun 2013 | 11.67% |
| Q1 FY2013 | 31 Mar 2013 | 11.05% |
| Q4 FY2012 | 31 Dec 2012 | 10.43% |
| Q3 FY2012 | 30 Sept 2012 | 9.67% |
| Q2 FY2012 | 30 Jun 2012 | 9.33% |
| Q1 FY2012 | 31 Mar 2012 | 9.67% |
| Q4 FY2011 | 31 Dec 2011 | 10.34% |
| Q3 FY2011 | 30 Sept 2011 | 11.02% |
| Q2 FY2011 | 30 Jun 2011 | 11.06% |
| Q1 FY2011 | 31 Mar 2011 | 10.85% |
| Q4 FY2010 | 31 Dec 2010 | 9.86% |
| Q3 FY2010 | 30 Sept 2010 | 9.10% |
| Q2 FY2010 | 30 Jun 2010 | 8.76% |
| Q1 FY2010 | 31 Mar 2010 | 7.84% |
| Q4 FY2009 | 31 Dec 2009 | 7.09% |
| Q3 FY2009 | 30 Sept 2009 | 5.64% |
| Q2 FY2009 | 30 Jun 2009 | 3.94% |
| Q1 FY2009 | 31 Mar 2009 | 3.16% |
| Q4 FY2008 | 31 Dec 2008 | 3.36% |
| Q3 FY2008 | 30 Sept 2008 | 5.40% |
| Q2 FY2008 | 30 Jun 2008 | 8.05% |
| Q1 FY2008 | 31 Mar 2008 | 10.31% |
| Q4 FY2007 | 31 Dec 2007 | 12.47% |
| Q3 FY2007 | 30 Sept 2007 | 14.10% |
| Q2 FY2007 | 30 Jun 2007 | 14.13% |
| Q1 FY2007 | 31 Mar 2007 | 13.72% |
| Q4 FY2006 | 31 Dec 2006 | 12.47% |
| Q3 FY2006 | 30 Sept 2006 | 11.11% |
| Q2 FY2006 | 30 Jun 2006 | 10.70% |
| Q1 FY2006 | 31 Mar 2006 | 8.58% |
| Q4 FY2005 | 31 Dec 2005 | 7.91% |
| Q3 FY2005 | 30 Sept 2005 | 7.02% |
| Q2 FY2005 | 30 Jun 2005 | 6.02% |
| Q1 FY2005 | 31 Mar 2005 | 4.56% |
| Q4 FY2004 | 31 Dec 2004 | 4.23% |
| Q3 FY2004 | 30 Sept 2004 | 4.41% |
| Q2 FY2004 | 30 Jun 2004 | 10.61% |
| Q1 FY2004 | 31 Mar 2004 | 15.07% |
| Q4 FY2003 | 31 Dec 2003 | 14.56% |
| Q3 FY2003 | 30 Sept 2003 | 9.94% |
| Q2 FY2003 | 30 Jun 2003 | 6.43% |
| Q1 FY2003 | 31 Mar 2003 | 4.83% |
| Q4 FY2002 | 31 Dec 2002 | 3.93% |
| Q3 FY2002 | 30 Sept 2002 | 3.96% |
| Q2 FY2002 | 30 Jun 2002 | 4.98% |
| Q1 FY2002 | 31 Mar 2002 | 3.59% |
| Q4 FY2001 | 31 Dec 2001 | 4.12% |
| Q3 FY2001 | 30 Sept 2001 | 10.34% |
| Q2 FY2001 | 30 Jun 2001 | 12.65% |
| Q1 FY2001 | 31 Mar 2001 | 15.27% |
| Q4 FY2000 | 31 Dec 2000 | 17.28% |
| Q3 FY2000 | 30 Sept 2000 | 22.80% |
| Q2 FY2000 | 30 Jun 2000 | 26.13% |
| Q1 FY2000 | 31 Mar 2000 | 26.12% |
| Q4 FY1999 | 31 Dec 1999 | 23.06% |
| Q3 FY1999 | 30 Sept 1999 | 21.93% |
| Q2 FY1999 | 30 Jun 1999 | 20.03% |
| Q1 FY1999 | 31 Mar 1999 | 18.18% |
| Q4 FY1998 | 31 Dec 1998 | 15.87% |
| Q3 FY1998 | 30 Sept 1998 | 15.12% |
| Q2 FY1998 | 30 Jun 1998 | 16.17% |
| Q1 FY1998 | 31 Mar 1998 | 15.91% |
| Q4 FY1997 | 31 Dec 1997 | 17.05% |
| Q3 FY1997 | 30 Sept 1997 | 16.90% |
| Q2 FY1997 | 30 Jun 1997 | 16.61% |
| Q1 FY1997 | 31 Mar 1997 | 16.33% |
| Q4 FY1996 | 31 Dec 1996 | 11.72% |
| Q3 FY1996 | 30 Sept 1996 | 9.75% |
| Q2 FY1996 | 30 Jun 1996 | 8.53% |
| Q1 FY1996 | 31 Mar 1996 | 6.73% |
| Q4 FY1995 | 31 Dec 1995 | 15.25% |
| Q3 FY1995 | 30 Sept 1995 | 12.72% |
| Q2 FY1995 | 30 Jun 1995 | 12.89% |
| Q1 FY1995 | 31 Mar 1995 | 12.71% |
| Q4 FY1994 | 31 Dec 1994 | 12.08% |
| Q3 FY1994 | 30 Sept 1994 | 13.53% |
| Q2 FY1994 | 30 Jun 1994 | 13.64% |
| Q1 FY1994 | 31 Mar 1994 | 14.13% |
| Q4 FY1993 | 31 Dec 1993 | 14.05% |
| Q3 FY1993 | 30 Sept 1993 | 13.97% |
| Q2 FY1993 | 30 Jun 1993 | 12.40% |
| Q1 FY1993 | 31 Mar 1993 | 11.13% |
| Q4 FY1992 | 31 Dec 1992 | 11.02% |
| Q3 FY1992 | 30 Sept 1992 | 6.47% |
| Q2 FY1992 | 30 Jun 1992 | 4.95% |
| Q1 FY1992 | 31 Mar 1992 | 3.64% |
| Q4 FY1991 | 31 Dec 1991 | 2.12% |
| Q3 FY1991 | 30 Sept 1991 | 9.38% |
| Q2 FY1991 | 30 Jun 1991 | 5.20% |
| Q1 FY1991 | 31 Mar 1991 | 5.74% |
| Q4 FY1990 | 31 Dec 1990 | 7.45% |
| Q3 FY1990 | 30 Sept 1990 | 8.17% |
| Q2 FY1990 | 30 Jun 1990 | -11.60% |
| Q1 FY1990 | 31 Mar 1990 | -11.48% |
| Q4 FY1989 | 31 Dec 1989 | -13.01% |
| Q3 FY1989 | 30 Sept 1989 | — |
| Q2 FY1989 | 30 Jun 1989 | — |
| Q1 FY1989 | 31 Mar 1989 | — |
| Q4 FY1988 | 31 Dec 1988 | — |
| Q3 FY1988 | 30 Sept 1988 | — |
| Q2 FY1988 | 30 Jun 1988 | — |
| Q1 FY1988 | 31 Mar 1988 | — |
| Q4 FY1987 | 31 Dec 1987 | — |
| Q3 FY1987 | 30 Sept 1987 | — |
| Q2 FY1987 | 30 Jun 1987 | — |
| Q1 FY1987 | 31 Mar 1987 | — |
| Q4 FY1986 | 31 Dec 1986 | — |
| Q3 FY1986 | 30 Sept 1986 | — |
| Q2 FY1986 | 30 Jun 1986 | — |
| Q1 FY1986 | 31 Mar 1986 | — |
| Q4 FY1985 | 31 Dec 1985 | — |
| Q3 FY1985 | 30 Sept 1985 | — |
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,Debt to equity,Current ratio,All ratios
Common questions about JPMorgan Chase & Co's ROE
Source: Financial Modeling Prep