Jpmorgan Chase (JPM) Net Margin (2009 - 2026)
Jpmorgan Chase (JPM) recorded quarterly Net Margin of 32.4% in Q1 2026, up 16.94% quarter-over-quarter from 27.71% in Q4 2025, and up 80.0% on a YoY basis from 18.0% in Q1 2025.
Jpmorgan Chase (JPM) Net Margin (2009 - 2026) Analysis & Trends
Jpmorgan Chase's Net Margin history runs 18 years deep, the most recent figure standing at 32.4% for 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 was 32.4% for Q1 2026 at Jpmorgan Chase, up from 27.71% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 35.29% in Q2 2024 to a low of 23.0% in Q4 2023.
- Historically, Net Margin has averaged 30.22% across 5 years, with a median of 30.86% in 2024.
- The sharpest annual moves came in 2022 and 2024: Net Margin tumbled 1739 bps in 2022, then soared 896 bps in 2024.
- A 5-year view of Net Margin shows it stood at 30.67% in 2022, then dropped by 25 bps to 23.0% in 2023, then jumped by 39 bps to 31.96% in 2024, then fell by 13 bps to 27.71% in 2025, then climbed by 17 bps to 32.4% in 2026.
- The last three Net Margin figures came in at 32.4% (Q1 2026), 27.71% (Q4 2025), and 30.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 29.27% |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | 37.25% |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 1.42% |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | 25.63% |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 25.35% |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 26.94% |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 23.31% |
| 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% |