Jpmorgan Chase & annual return on equity
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2025
Jpmorgan Chase & Return on Equity (ROE) Growth & History (JPM)
Jpmorgan Chase &'s return on equity was 16.13% for fiscal 2025.
View full Jpmorgan Chase & company overviewJpmorgan Chase & annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.13% | −1.25 pp |
| 2024 | 2024-12-31 | 17.39% | +1.41 pp |
| 2023 | 2023-12-31 | 15.98% | +3.13 pp |
| 2022 | 2022-12-31 | 12.85% | −4.01 pp |
| 2021 | 2021-12-31 | 16.86% | +6.08 pp |
| 2020 | 2020-12-31 | 10.78% | −3.29 pp |
| 2019 | 2019-12-31 | 14.07% | +1.39 pp |
| 2018 | 2018-12-31 | 12.68% | +3.09 pp |
| 2017 | 2017-12-31 | 9.59% | −0.27 pp |
| 2016 | 2016-12-31 | 9.86% | −0.34 pp |
| 2015 | 2015-12-31 | 10.20% | +0.38 pp |
| 2014 | 2014-12-31 | 9.82% | +1.20 pp |
| 2013 | 2013-12-31 | 8.61% | −2.37 pp |
| 2012 | 2012-12-31 | 10.98% | +0.43 pp |
| 2011 | 2011-12-31 | 10.55% | +0.24 pp |
| 2010 | 2010-12-31 | 10.31% | +3.15 pp |
| 2009 | 2009-12-31 | 7.16% | +3.29 pp |
| 2008 | 2008-12-31 | 3.86% | — |
Jpmorgan Chase & quarterly return on equity
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| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.73% | +1.50 pp |
| Q1 2026 | 2026-03-31 | 4.54% | +0.33 pp |
| Q4 2025 | 2025-12-31 | 3.60% | −0.45 pp |
| Q3 2025 | 2025-09-30 | 4.01% | +0.26 pp |
| Q2 2025 | 2025-06-30 | 4.23% | −1.13 pp |
| Q1 2025 | 2025-03-31 | 4.21% | +0.17 pp |
| Q4 2024 | 2024-12-31 | 4.06% | +1.17 pp |
| Q3 2024 | 2024-09-30 | 3.76% | −0.42 pp |
| Q2 2024 | 2024-06-30 | 5.36% | +0.66 pp |
| Q1 2024 | 2024-03-31 | 4.04% | −0.20 pp |
| Q4 2023 | 2023-12-31 | 2.88% | −0.91 pp |
| Q3 2023 | 2023-09-30 | 4.18% | +0.78 pp |
| Q2 2023 | 2023-06-30 | 4.70% | +1.68 pp |
| Q1 2023 | 2023-03-31 | 4.24% | +1.38 pp |
| Q4 2022 | 2022-12-31 | 3.79% | +0.23 pp |
| Q3 2022 | 2022-09-30 | 3.39% | −0.66 pp |
| Q2 2022 | 2022-06-30 | 3.02% | −1.19 pp |
| Q1 2022 | 2022-03-31 | 2.86% | −2.25 pp |
| Q4 2021 | 2021-12-31 | 3.56% | −0.85 pp |
| Q3 2021 | 2021-09-30 | 4.05% | +0.53 pp |
| Q2 2021 | 2021-06-30 | 4.21% | +2.43 pp |
| Q1 2021 | 2021-03-31 | 5.11% | +4.01 pp |
| Q4 2020 | 2020-12-31 | 4.41% | +1.17 pp |
| Q3 2020 | 2020-09-30 | 3.53% | +0.08 pp |
| Q2 2020 | 2020-06-30 | 1.78% | −1.91 pp |
| Q1 2020 | 2020-03-31 | 1.10% | −2.46 pp |
| Q4 2019 | 2019-12-31 | 3.24% | +0.50 pp |
| Q3 2019 | 2019-09-30 | 3.44% | +0.20 pp |
| Q2 2019 | 2019-06-30 | 3.69% | +0.45 pp |
| Q1 2019 | 2019-03-31 | 3.56% | +0.15 pp |
| Q4 2018 | 2018-12-31 | 2.74% | +1.10 pp |
| Q3 2018 | 2018-09-30 | 3.25% | +0.64 pp |
| Q2 2018 | 2018-06-30 | 3.24% | +0.50 pp |
| Q1 2018 | 2018-03-31 | 3.40% | +0.88 pp |
| Q4 2017 | 2017-12-31 | 1.65% | −1.00 pp |
| Q3 2017 | 2017-09-30 | 2.60% | +0.12 pp |
| Q2 2017 | 2017-06-30 | 2.73% | +0.27 pp |
| Q1 2017 | 2017-03-31 | 2.53% | +0.31 pp |
| Q4 2016 | 2016-12-31 | 2.65% | +0.44 pp |
| Q3 2016 | 2016-09-30 | 2.48% | −0.31 pp |
| Q2 2016 | 2016-06-30 | 2.47% | −0.17 pp |
| Q1 2016 | 2016-03-31 | 2.22% | −0.31 pp |
| Q4 2015 | 2015-12-31 | 2.20% | +0.07 pp |
| Q3 2015 | 2015-09-30 | 2.79% | +0.37 pp |
| Q2 2015 | 2015-06-30 | 2.64% | −0.04 pp |
| Q1 2015 | 2015-03-31 | 2.53% | +0.08 pp |
| Q4 2014 | 2014-12-31 | 2.13% | −0.38 pp |
| Q3 2014 | 2014-09-30 | 2.43% | +2.61 pp |
| Q2 2014 | 2014-06-30 | 2.68% | −0.44 pp |
| Q1 2014 | 2014-03-31 | 2.45% | −0.73 pp |
| Q4 2013 | 2013-12-31 | 2.51% | −0.31 pp |
| Q3 2013 | 2013-09-30 | −0.18% | −3.10 pp |
| Q2 2013 | 2013-06-30 | 3.12% | +0.52 pp |
| Q1 2013 | 2013-03-31 | 3.18% | +0.53 pp |
| Q4 2012 | 2012-12-31 | 2.82% | +0.78 pp |
| Q3 2012 | 2012-09-30 | 2.92% | +0.58 pp |
| Q2 2012 | 2012-06-30 | 2.60% | −0.38 pp |
| Q1 2012 | 2012-03-31 | 2.64% | −0.47 pp |
| Q4 2011 | 2011-12-31 | 2.04% | −0.72 pp |
| Q3 2011 | 2011-09-30 | 2.33% | −0.23 pp |
| Q2 2011 | 2011-06-30 | 2.99% | +0.13 pp |
| Q1 2011 | 2011-03-31 | 3.11% | +1.07 pp |
| Q4 2010 | 2010-12-31 | 2.76% | +0.73 pp |
| Q3 2010 | 2010-09-30 | 2.56% | +0.30 pp |
| Q2 2010 | 2010-06-30 | 2.86% | +1.16 pp |
| Q1 2010 | 2010-03-31 | 2.04% | — |
| Q4 2009 | 2009-12-31 | 2.03% | — |
| Q3 2009 | 2009-09-30 | 2.26% | — |
| Q2 2009 | 2009-06-30 | 1.69% | — |
Jpmorgan Chase & return on equity trends
Over the last five fiscal years, Jpmorgan Chase &'s return on equity increased from 10.78% to 16.13%, a change of +5.36 percentage points. The latest reported quarter, Q2 2026, shows 5.73%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Jpmorgan Chase & source filings ↗Community posts
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