JPMorgan Chase & Co. (JPM)财务
NYSE · Financial Services · Banks - Diversified · 员工322,964人 · CEO Jamie Dimon
- 股价
- $337.04 -1.90%
- 市值
- $8960亿
- 企业价值
- $1.8万亿
- 最近财报
- Q3 '26 2026-10-13提交
- 下次财报
- 2027-01-14
营收(TTM)$3020亿+8.7% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)28.2%+2.0 百分点 对比去年同期营业利润 $853亿
净利润(TTM)$660亿+13.7% 对比去年同期税后,含营业外收益
自由现金流(TTM)-$1170亿+2.0% 对比去年同期资本支出 $0
稀释EPS(TTM)$23.84+18.1% 对比去年同期最近4个季度之和
净现金$1.47万亿+239.0% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $8960亿 EV $1.8万亿
- 营收
- $3020亿 过去12个月
- 营收增速
- – 下一财年
- 净利润率
- 21.9% 净利润 / 营收,TTM
- P/E
- 14.1×
- P/S
- 3.0× 股价 / 营收,TTM
- EV / EBITDA
- 19.6× TTM
- 自由现金流
- -$1170亿 过去12个月
- 净利润
- $660亿 过去12个月
- 营收预期
- – 下一财年
- 盈利
- 2027-01-14
- 股息
- $6.15 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 营收增长放缓:同比6.0%Q3 '26营收$762亿,此前四个季度的平均值为8.0%。
- 营业利润率28.2%(TTM),较去年同期+2.0 百分点营收增长8.7%,营业利润增长17.1%。
- 资本支出占营收的0.0%(去年为0.0%)最近4个季度投入$0(同比–)。自由现金流-$1170亿,相当于净利润的-177.8%。
- 稀释股数一年内减少3.1%Q3 '26稀释股数26.8亿,一年前为27.7亿。
- 净现金 $1.47万亿现金 + 短期投资 $2.7万亿,含租赁债务 $1.23万亿;一年前净现金 $4330亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $762亿 | $719亿 | +6.0% |
| 毛利率 | 62.2% | 59.8% | +2.4 百分点 |
| 营业利润 | $201亿 | $187亿 | +7.4% |
| 营业利润率 | 26.4% | 26.1% | +0.4 百分点 |
| 净利润 | $153亿 | $144亿 | +6.3% |
| 稀释EPS | $5.57 | $5.07 | +9.9% |
| 经营现金流 | $0 | -$452亿 | +100.0% |
| 资本支出 | $0 | $0 | – |
| 自由现金流 | $0 | -$452亿 | +100.0% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $0 | $0 | – |
营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q4 '25 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Commercial And Investment Bank | $194亿 | – | 42.3% | $785亿 | – | |
| Consumer & Community Banking | $194亿 | +5.6% | 42.4% | $760亿 | +6.3% | |
| Asset and Wealth Management Segment | $65.2亿 | +12.8% | 14.2% | $241亿 | +11.6% | |
| Segment Reporting, Reconciling Item, Corporate Nonsegment | $14.8亿 | – | 3.2% | $70.3亿 | – | |
| Segment Reconciling Items | -$9.69亿 | – | -2.1% | -$31.3亿 | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- -$1170亿
- 资本支出
- $0
- 股票回购
- -$234亿
- 股息
- -$131亿
- 收购
- $0
- 债务净发行
- $340亿
- 股权激励费用
- $0
- 自由现金流
- -$1170亿
- 股东回报 / FCF
- -31.1%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 14.1× | 12.0× | 10.3× – 16.1× |
| EV / EBITDA | 19.6× | 9.8× | 4.2× – 18.3× |
| EV / 营收 | 6.0× | 3.2× | 2.2× – 5.3× |
| 股价 / FCF | -7.6× | 16.1× 5年中的3年 | 3.7× – 38.5× |
| 股价 / 净资产 | 2.4× | 1.8× | 1.4× – 2.5× |
| FCF收益率 | -13.1% | 4.6% | -16.5% – 26.9% |
| 投入资本回报率 | 3.3% | 4.8% | 4.2% – 5.6% |
| 净资产收益率 | 17.9% | 15.4% | 12.9% – 17.0% |
分析师
一致目标价 $373.36 (+10.8%)
区间 $312.00 – $425.00 · 评级 Buy
强烈买入1
买入31
持有27
卖出2
强烈卖出0
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
JPMorgan Chase & Co.在近期10-Q / 10-K文件中标记的全部439项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable and Accrued Liabilities | $3840亿 | $3040亿 | +26.6% | $3170亿 | $2810亿 | +12.9% |
| Accounts Payable and Other Accrued Liabilities | $1300亿2025-12-31 | $1280亿 | +2.1% | $1300亿 | $1280亿 | +2.1% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$76.9亿 | -$72.4亿 | -6.2% | -$42.9亿 | -$125亿 | +65.6% |
| Additional Paid in Capital, Common Stock | $906亿 | $906亿 | 0.0% | $911亿 | $909亿 | +0.2% |
| Affordable Housing Tax Credits and Other Tax Benefits, Amount | $17.4亿 | $14.4亿 | +20.7% | $61亿 | $63.8亿 | -4.4% |
| Amortization Method Qualified Affordable Housing Project Investments | $332亿 | $318亿 | +4.3% | $339亿 | $320亿 | +5.9% |
| Amortization Method Qualified Affordable Housing Project Investments, Amortization | $15.2亿 | $10.5亿 | +45.0% | $45.5亿 | $50.2亿 | -9.3% |
| Amortization of Intangible Assets | – | – | – | $2.92亿 | $3.39亿 | -13.9% |
| Assets | $5.02万亿 | $4.55万亿 | +10.2% | $4.42万亿 | $4万亿 | +10.5% |
| Beneficial Interest Liability | $295亿 | $277亿 | +6.4% | $280亿 | $273亿 | +2.3% |
| Broker-Dealer, Payable to Other Broker-Dealer and Clearing Organization | $1870亿2025-12-31 | $1530亿 | +21.9% | $1870亿 | $1530亿 | +21.9% |
| Brokerage Commissions Revenue | $11.5亿 | $9.48亿 | +21.6% | $37.3亿 | $31.2亿 | +19.5% |
| Business Combination, Bargain Purchase, Gain Recognized, Amount | $02025-12-31 | $0 | – | $0 | $1.03亿 | -100.0% |
| Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net | – | – | – | $0 | $0 | – |
| Cash and Due from Banks | $247亿 | $238亿 | +4.0% | $217亿 | $234亿 | -7.0% |
| Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months | -$2亿 | $3亿 | -166.7% | -$9.26亿 | -$16亿 | +42.1% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $3100亿 | $4200亿 | -26.3% | $3430亿 | $4690亿 | -26.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$23.3亿 | -$55.8亿 | +58.2% | -$1260亿 | -$1550亿 | +18.6% |
| Change in Unrealized Gain (Loss) on Fair Value Hedging Instruments | $10.8亿 | $3.61亿 | +200.0% | -$28.6亿 | $8.27亿 | -446.2% |
| Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge | -$7.71亿 | $9500万 | -911.6% | $47.4亿 | $1.77亿 | +2,580.2% |
| Collateral Already Posted, Aggregate Fair Value | $251亿 | $171亿 | +47.2% | $206亿 | $152亿 | +35.2% |
| Common Stock, Dividends, Per Share, Declared | $1.50 | $1.40 | +7.1% | $5.80 | $4.80 | +20.8% |
| Common Stock, Par or Stated Value Per Share | $1.00 | $1.00 | 0.0% | $1.00 | $1.00 | 0.0% |
| Common Stock, Shares Authorized | 90亿 | 90亿 | 0.0% | 90亿 | 90亿 | 0.0% |
| Common Stock, Shares, Issued | 41亿 | 41亿 | 0.0% | 41亿 | 41亿 | 0.0% |
| Common Stock, Shares, Outstanding | 27亿2025-12-31 | 28亿 | -3.6% | 27亿 | 28亿 | -3.6% |
| Common Stock, Value, Issued | $41.1亿 | $41.1亿 | 0.0% | $41.1亿 | $41.1亿 | 0.0% |
| Communications and Information Technology | $31.1亿 | $27亿 | +14.9% | $110亿 | $98.3亿 | +12.2% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $202亿 | $169亿 | +19.6% | $652亿 | $565亿 | +15.5% |
| Continuing Involvement with Transferred Financial Assets, Principal Amount Outstanding | $3290亿 | $2830亿 | +16.3% | $3070亿 | $2660亿 | +15.2% |
| Contract with Customer, Refund Liability, Current | $160亿2025-12-31 | $144亿 | +11.1% | $160亿 | $144亿 | +11.1% |
| Contractually Specified Servicing Fees, Amount | $4.04亿 | $4.12亿 | -1.9% | $16.4亿 | $16.1亿 | +1.8% |
| Credit Derivative, Maximum Exposure, Undiscounted | $7170亿 | $7220亿 | -0.7% | $6280亿 | $5610亿 | +11.9% |
| Current Federal Tax Expense (Benefit) | – | – | – | $31.1亿 | $70.9亿 | -56.2% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $42.7亿 | $47.5亿 | -10.2% |
| Current Income Tax Expense (Benefit) | – | – | – | $99.4亿 | $146亿 | -32.0% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $25.6亿 | $27.6亿 | -7.3% |
| Debt Securities, Available-for-Sale, Accrued Interest Writeoff | $0 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $14.3亿 | $19.6亿 | -26.8% | $33.1亿 | $11.2亿 | +197.2% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $40.7亿 | $51.7亿 | -21.2% | $33.4亿 | $53.1亿 | -37.0% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | $144亿 | $91.3亿 | +57.6% | $160亿 | $93.4亿 | +71.6% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | $6.76亿 | $7.23亿 | -6.5% | $8.76亿 | $6.89亿 | +27.1% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | $320亿 | $243亿 | +31.8% | $160亿 | $268亿 | -40.2% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | $2.33亿 | $12.7亿 | -81.7% | $2.19亿 | $4.82亿 | -54.6% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Amortized Cost | $5390亿 | $4880亿 | +10.6% | $5070亿 | $4120亿 | +22.9% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after 10 Years, Amortized Cost | $1330亿 | $1390亿 | -4.1% | $1350亿 | $1350亿 | +0.2% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after 10 Years, Fair Value | $1320亿 | $1350亿 | -2.5% | $1340亿 | $1300亿 | +2.6% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Amortized Cost | $965亿 | $683亿 | +41.2% | $635亿 | $520亿 | +22.0% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Fair Value | $961亿 | $684亿 | +40.5% | $639亿 | $518亿 | +23.5% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Amortized Cost | $2800亿 | $2430亿 | +15.2% | $2580亿 | $1910亿 | +35.3% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after One Through Five Years, Fair Value | $2790亿 | $2450亿 | +14.0% | $2600亿 | $1910亿 | +36.4% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Amortized Cost | $291亿 | $370亿 | -21.3% | $496亿 | $343亿 | +44.8% |
| Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value | $291亿 | $370亿 | -21.2% | $497亿 | $342亿 | +45.2% |
| Debt Securities, Available-for-sale, Realized Gain | $2.24亿 | $9400万 | +138.3% | $6.74亿 | $5.93亿 | +13.7% |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | -$3.95亿 | -$5400万 | -631.5% | -$5700万 | -$10.2亿 | +94.4% |
| Debt Securities, Available-for-sale, Realized Loss | $6.19亿 | $1.48亿 | +318.2% | $7.31亿 | $16.1亿 | -54.7% |
| Debt Securities, Available-for-sale, Unrealized Loss Position | $464亿 | $334亿 | +38.9% | $320亿 | $361亿 | -11.2% |
| Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | $9.09亿 | $20亿 | -54.5% | $11亿 | $11.7亿 | -6.5% |
| Debt Securities, Available-for-Sale, Weighted Average Yield, Maturity, after Year 10 | 4.8% | 4.9% | -0.2% | 4.7% | 5.0% | -5.4% |
| Debt Securities, Available-for-Sale, Weighted Average Yield, Maturity, after Year 5 Through 10 | 4.1% | 4.6% | -11.2% | 4.1% | 4.7% | -11.9% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30
数据截至 2026-11-01