Jpmorgan Chase (JPM) Return on Invested Capital [ROIC] (2009 - 2026)
Jpmorgan Chase (JPM) recorded Return on Invested Capital [ROIC] of 32.13% in Q2 2026, down 0.30 percentage points from 32.43% a year earlier but up 0.41 percentage points from the prior quarter.
Jpmorgan Chase (JPM) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Jpmorgan Chase reported Return on Invested Capital [ROIC] of 32.49%, down 3.19 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +20.61 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 35.68% in FY2024 (+3.25 pp), 32.43% in FY2023 (+15.19 pp), 17.24% in FY2022 (+1.52 pp) and 15.72% in FY2021 (+3.84 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 13.23% in Q2 2022 to 34.60% in Q4 2024 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for five consecutive quarters, with an average year-over-year change of -0.01 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 15.87 percentage points in Q3 2023, against a drop of 3.33 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 31.73% (Q1 2026), 31.28% (Q4 2025) and 32.02% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 32.13% |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 25.16% |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 42.00% |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 11.34% |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 6.24% |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 14.05% |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 27.68% |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - | 49.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.13% |
| Mar 31, 2026 | 31.73% |
| Dec 31, 2025 | 31.28% |
| Sep 30, 2025 | 32.02% |
| Jun 30, 2025 | 32.43% |
| Mar 31, 2025 | 34.02% |
| Dec 31, 2024 | 34.60% |
| Sep 30, 2024 | 33.67% |
| Jun 30, 2024 | 33.44% |
| Mar 31, 2024 | 32.26% |
| Dec 31, 2023 | 31.26% |
| Sep 30, 2023 | 30.27% |
| Jun 30, 2023 | 26.99% |
| Mar 31, 2023 | 21.98% |
| Dec 31, 2022 | 17.55% |
| Sep 30, 2022 | 14.40% |
| Jun 30, 2022 | 13.23% |
| Mar 31, 2022 | 13.61% |
| Dec 31, 2021 | 15.36% |
| Sep 30, 2021 | 16.04% |
Jpmorgan Chase Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=JPM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=JPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();