JPMorgan Chase & Co. (JPM) vs Morgan Stanley (MS)
A side-by-side comparison of JPMorgan Chase & Co. and Morgan Stanley across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
JPM
JPMorgan Chase & Co.
$356.23Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
MS
Morgan Stanley
$214.38Financial ServicesDelayed quote: Sep 11, 2026, 3:59 PM EDT
Total return — JPM vs MS
growth of $100 · dividends reinvested · last 10yJPM +584.7% (+21.2%/yr)MS +790.6% (+24.4%/yr)MS compounded faster over this window
JPM MS
JPM vs MS: by the numbers
- •JPM is the larger company ($954.52B vs $338.14B market cap).
- •JPM trades at the lower trailing earnings multiple (15.35 vs 17.46 P/E), one valuation lens rather than an overall verdict.
- •JPM converts more revenue to profit (21.86% vs 15.99% net margin).
- •JPM grew revenue faster over the past five years (18.60% vs 18.41% CAGR).
- •MS pays the higher dividend yield (1.95% vs 1.70%).
Metrics side by side
Valuation
| Metric | JPM | MS |
|---|---|---|
| P/E ratio | 15.35 | 17.46 |
| Forward P/E | 14.36 | 16.62 |
| P/S ratio | 3.21 | 2.67 |
| P/B ratio | 2.55 | 3.06 |
Profitability
| Metric | JPM | MS |
|---|---|---|
| Gross margin | 62.60% | 59.72% |
| Operating margin | 28.19% | 20.70% |
| Net margin | 21.86% | 15.99% |
| ROE | 17.37% | 18.32% |
Dividends
| Metric | JPM | MS |
|---|---|---|
| Dividend yield | 1.70% | 1.95% |
| Payout ratio | 25.85% | 33.79% |
Growth (annualized)
| Metric | JPM | MS |
|---|---|---|
| Revenue CAGR (5Y) | 18.60% | 18.41% |
| EPS CAGR (5Y) | 17.71% | 9.56% |
| Total return CAGR (5Y) | 20.57% | 19.18% |
Frequently asked
- Which has the lower trailing P/E, JPM or MS?
- JPM has the lower trailing P/E: JPM trades at 15.35 and MS at 17.46. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, JPM or MS?
- Over the past five years, JPM grew revenue faster — JPM at a 18.60% CAGR versus MS at 18.41%.
- Does JPM or MS pay a bigger dividend?
- JPM yields 1.70% and MS yields 1.95% based on trailing dividends and the latest price.
- Is JPM or MS more profitable?
- JPM runs the higher net margin — JPM at 21.86% versus MS at 15.99%.
- How have JPM and MS total returns compared?
- Over the past 10 years, JPM delivered 21.30% and MS delivered 24.44% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
JPMorgan Chase P/E ratioMorgan Stanley P/E ratioJPMorgan Chase dividend yieldMorgan Stanley dividend yieldJPMorgan Chase ROEMorgan Stanley ROEJPMorgan Chase operating marginMorgan Stanley operating marginJPMorgan Chase revenue growthMorgan Stanley revenue growth
JPMorgan Chase & Morgan Stanley appear in these rankings
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Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.