Jpmorgan Chase (JPM) Net Margin (2009 - 2026)
Jpmorgan Chase (JPM) posted quarterly Net Margin of 32.4% for Q1 2026, up 80.0% year-over-year from 18.0% in Q1 2025, and up 16.94% on a QoQ basis from 27.71% in Q4 2025.
Jpmorgan Chase (JPM) Net Margin (2009 - 2026) Analysis & Trends
Jpmorgan Chase (JPM) has reported Net Margin for 18 consecutive years, with 32.4% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 80.0% year-over-year to 32.4%; the TTM figure through Mar 2026 stood at 30.76% (down 143.0% YoY), while the FY2025 annual figure was 30.52%, down 151.0% from the prior year.
- Net Margin came in at 32.4% for Q1 2026 at Jpmorgan Chase, up from 27.71% in the prior quarter.
- The five-year high for Net Margin was 35.29% in Q2 2024, with the low at 23.0% in Q4 2023.
- Average Net Margin over 5 years is 30.22%, with a median of 30.86% recorded in 2024.
- Across the five-year window, Net Margin plunged 1739 bps in 2022 and soared 896 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 30.67% in 2022, then retreated by 25 bps to 23.0% in 2023, then jumped by 39 bps to 31.96% in 2024, then slipped by 13 bps to 27.71% in 2025, then rose by 17 bps to 32.4% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 32.4%, 27.71%, and 30.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | 37.25% |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 26.94% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 23.31% |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | -0.01% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 28.87% |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 32.40% |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 0.00% |
| 10 | Jpmorgan Chase | - | - | - | 32.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.40% |
| Dec 31, 2025 | 27.71% |
| Sep 30, 2025 | 30.25% |
| Jun 30, 2025 | 32.57% |
| Mar 31, 2025 | 31.60% |
| Dec 31, 2024 | 31.96% |
| Sep 30, 2024 | 29.39% |
| Jun 30, 2024 | 35.29% |
| Mar 31, 2024 | 30.86% |
| Dec 31, 2023 | 23.00% |
| Sep 30, 2023 | 31.81% |
| Jun 30, 2023 | 33.92% |
| Mar 31, 2023 | 31.79% |
| Dec 31, 2022 | 30.67% |
| Sep 30, 2022 | 28.29% |
| Jun 30, 2022 | 26.68% |
| Mar 31, 2022 | 25.54% |
| Dec 31, 2021 | 33.93% |
| Sep 30, 2021 | 37.88% |
| Jun 30, 2021 | 37.72% |