Jpmorgan Chase (JPM) Net Margin (2009 - 2026)
Jpmorgan Chase's Net Margin was 36.19% in Q2 2026, up 3.61 percentage points from 32.57% a year earlier and up 3.78 percentage points from the prior quarter.
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Analysis
Jpmorgan Chase (JPM) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Jpmorgan Chase's Net Margin was 31.91% through Jun 30, 2026, up 0.51 percentage points year-over-year; for FY2025, it was 30.52%, down 1.51 percentage points from FY2024.
- Net Margin shows a five-year change of +7.67 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 32.03% in FY2024 (+1.82 pp), 30.21% in FY2023 (+2.32 pp), 27.89% in FY2022 (-10.34 pp) and 38.23% in FY2021 (+15.38 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q3 2021.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +0.70 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2024 (a gain of 8.96 percentage points); the worst was Q1 2022 (a drop of 17.39 percentage points).
- Per Business Quant data, JPM's Net Margin in the three quarters before Q2 2026 was 32.40% (Q1 2026), 27.71% (Q4 2025) and 30.25% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 29.77% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 21.83% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 38.08% |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 23.36% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 32.48% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 27.42% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 26.08% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 246.71% |
| 10 | American Express | 217.14 Bn | 16.62 Bn | - | 18.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.77% |
| Jun 30, 2026 | 36.19% |
| 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% |
API Access
Jpmorgan Chase Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=JPM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "JPM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=JPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();