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
DateValue
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%