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JPMorgan Chase & Co. (JPM) EV/EBITDA Ratio: 21.98x

Is JPMorgan Chase & Co.’s EV/EBITDA ratio high or low?

JPMorgan Chase & Co.'s EV/EBITDA ratio of 21.98x is 114% above its 5-year average of 10.27x, near the high end of its 5-year range (2.38x–22.11x).

The EV/EBITDA ratio for JPMorgan Chase & Co. (JPM) is 21.98x as of Wednesday, June 10, 2026. It is above its 12-month average by 16.02% (18.94x).

JPM EV/EBITDA Ratio Chart

JPM EV/EBITDA Ratio
21.98x+38.24% 1Y
Zoom

JPM Average EV/EBITDA Ratio Chart

JPM Current vs Average EV/EBITDA Ratio Chart

JPM EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

21.98x

EV/EBITDA RATIO AVG TTM

18.94x

EV/EBITDA RATIO AVG 3Y

13.69x

EV/EBITDA RATIO AVG 5Y

10.27x

EV/EBITDA RATIO AVG 10Y

10.63x

EV/EBITDA RATIO AVG 15Y

11.56x

EV/EBITDA RATIO AVG 20Y

18.14x

CURRENT VS TTM AVG

+16.02%

CURRENT VS 3Y AVG

+60.57%

CURRENT VS 5Y AVG

+114.09%

CURRENT VS 10Y AVG

+106.80%

CURRENT VS 15Y AVG

+90.07%

CURRENT VS 20Y AVG

+21.15%

JPM Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
JPMorgan Chase & Co. (JPM)$833.73B21.98x18.94x13.69x10.27x
Bank of America Corporation (BAC)$388.93B13.12x21.87x21.04x19.41x
Wells Fargo & Company (WFC)$251.58B17.11x15.24x11.88x9.71x
Citigroup Inc. (C)$228.07B39.94x26.46x24.70x19.49x
The Goldman Sachs Group, Inc. (GS)$296.20B42.20x32.84x31.18x24.93x
Morgan Stanley (MS)$327.17B21.74x23.42x24.14x21.47x

EV/EBITDA vs. its own history

At 22.0, EV/EBITDA is richer than usual — richer than 85% of its 20-year range.

20-year low

2.4

median

12.7

20-year high

112.9

cheaperricher

Understanding EV/EBITDA

Enterprise Value (EV) = Market Cap + Total Debt - Cash

EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization

EV/EBITDA is commonly used for comparing companies because:

  • It accounts for debt levels (capital structure neutral)
  • It removes effects of different depreciation policies
  • It can be compared across countries with different tax rates
  • It can remain available when net income is negative, if EBITDA is positive

JPMorgan Chase & Co. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

JPMorgan Chase & Co. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for JPMorgan Chase & Co. (JPM)?
The EV/EBITDA ratio for JPM stock is 21.98x.
Is JPMorgan Chase & Co.'s EV/EBITDA ratio high or low?
JPMorgan Chase & Co.'s EV/EBITDA ratio of 21.98x is 114% above its 5-year average of 10.27x, near the high end of its 5-year range (2.38x–22.11x).
What is the TTM average EV/EBITDA ratio for JPMorgan Chase & Co. (JPM)?
The TTM average EV/EBITDA ratio for JPM stock is 18.94x.
What is the 3Y average EV/EBITDA ratio for JPMorgan Chase & Co. (JPM)?
The 3Y average EV/EBITDA ratio for JPM stock is 13.69x.
What is the 5Y average EV/EBITDA ratio for JPMorgan Chase & Co. (JPM)?
The 5Y average EV/EBITDA ratio for JPM stock is 10.27x.
What is the 10Y average EV/EBITDA ratio for JPMorgan Chase & Co. (JPM)?
The 10Y average EV/EBITDA ratio for JPM stock is 10.63x.
What is the 15Y average EV/EBITDA ratio for JPMorgan Chase & Co. (JPM)?
The 15Y average EV/EBITDA ratio for JPM stock is 11.56x.
What is the 20Y average EV/EBITDA ratio for JPMorgan Chase & Co. (JPM)?
The 20Y average EV/EBITDA ratio for JPM stock is 18.14x.

JPMorgan Chase & Co. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1021.98x
2026-06-0922.03x
2026-06-0821.98x
2026-06-0522.02x
2026-06-0421.97x
2026-06-0321.63x
2026-06-0221.63x
2026-06-0121.48x
2026-05-2921.58x
2026-05-2821.49x
2026-05-2721.57x
2026-05-2621.83x
2026-05-2221.82x
2026-05-2121.70x
2026-05-2021.67x
2026-05-1921.45x
2026-05-1821.62x
2026-05-1521.52x
2026-05-1421.60x
2026-05-1321.61x
2026-05-1221.77x
2026-05-1121.60x
2026-05-0821.67x
2026-05-0721.81x
2026-05-0622.11x
2026-05-0521.92x
2026-05-0421.86x
2026-05-0122.03x
2026-04-3018.11x
2026-04-2917.97x
2026-04-2818.04x
2026-04-2718.05x
2026-04-2417.94x
2026-04-2318.05x
2026-04-2218.10x
2026-04-2118.10x
2026-04-2018.23x
2026-04-1718.01x
2026-04-1617.99x
2026-04-1517.86x
2026-04-1418.03x
2026-04-1318.12x
2026-04-1017.99x
2026-04-0918.01x
2026-04-0817.93x
2026-04-0717.56x
2026-04-0617.50x
2026-04-0217.47x
2026-04-0117.49x
2026-03-3117.45x
2026-03-3017.10x
2026-03-2717.06x
2026-03-2617.37x
2026-03-2517.49x
2026-03-2417.39x
2026-03-2317.31x
2026-03-2017.19x
2026-03-1917.24x
2026-03-1817.23x
2026-03-1717.20x
2026-03-1617.18x
2026-03-1317.08x
2026-03-1217.06x
2026-03-1117.22x
2026-03-1017.27x
2026-03-0917.31x
2026-03-0617.29x
2026-03-0517.43x
2026-03-0417.63x
2026-03-0317.66x
2026-03-0217.57x
2026-02-2717.66x
2026-02-2617.86x
2026-02-2517.77x
2026-02-2417.56x
2026-02-2317.57x
2026-02-2018.02x
2026-02-1917.93x
2026-02-1817.95x
2026-02-1717.90x
2026-02-1317.74x
2026-02-1219.76x
2026-02-1120.04x
2026-02-1020.30x
2026-02-0920.43x
2026-02-0620.44x
2026-02-0520.02x
2026-02-0420.26x
2026-02-0320.18x
2026-02-0219.95x
2026-01-3019.87x
2026-01-2919.89x
2026-01-2819.70x
2026-01-2719.68x
2026-01-2619.71x
2026-01-2319.59x
2026-01-2219.79x
2026-01-2119.74x
2026-01-2019.76x
2026-01-1620.10x
2026-01-1519.99x
2026-01-1419.94x
2026-01-1320.04x
2026-01-1220.51x
2026-01-0920.67x
2026-01-0820.69x
2026-01-0720.60x
2026-01-0620.86x
2026-01-0520.84x
2026-01-0220.55x
2025-12-3120.43x
2025-12-3020.48x
2025-12-2920.49x
2025-12-2620.63x
2025-12-2420.67x
2025-12-2320.56x
2025-12-2220.46x
2025-12-1920.26x
2025-12-1820.12x
2025-12-1720.18x
2025-12-1620.20x
2025-12-1520.36x
2025-12-1220.31x
2025-12-1120.27x
2025-12-1020.02x
2025-12-0919.69x
2025-12-0820.19x
2025-12-0520.19x
2025-12-0420.22x
2025-12-0320.09x
2025-12-0219.94x
2025-12-0119.98x
2025-11-2820.12x
2025-11-2619.93x
2025-11-2519.77x
2025-11-2419.60x
2025-11-2119.60x
2025-11-2019.61x
2025-11-1919.78x
2025-11-1819.65x
2025-11-1719.68x
2025-11-1419.79x
2025-11-1320.00x
2025-11-1220.37x
2025-11-1120.21x
2025-11-1020.25x
2025-11-0720.16x
2025-11-0620.13x
2025-11-0520.07x
2025-11-0419.99x
2025-11-0319.24x
2025-10-3119.30x
2025-10-3019.25x
2025-10-2919.11x
2025-10-2819.10x
2025-10-2719.06x
2025-10-2418.93x
2025-10-2318.72x
2025-10-2218.71x
2025-10-2118.81x
2025-10-2019.00x
2025-10-1718.83x
2025-10-1618.86x
2025-10-1519.11x
2025-10-1418.99x
2025-10-1319.19x
2025-10-1018.94x
2025-10-0919.11x
2025-10-0819.05x
2025-10-0719.18x
2025-10-0619.24x
2025-10-0319.27x
2025-10-0219.18x
2025-10-0119.29x
2025-09-3019.46x
2025-09-2919.47x
2025-09-2619.48x
2025-09-2519.39x
2025-09-2419.39x
2025-09-2319.36x
2025-09-2219.35x
2025-09-1919.43x
2025-09-1819.38x
2025-09-1719.33x
2025-09-1619.24x
2025-09-1519.23x
2025-09-1219.16x
2025-09-1119.11x
2025-09-1018.93x
2025-09-0918.84x
2025-09-0818.66x
2025-09-0518.71x
2025-09-0419.05x
2025-09-0318.90x
2025-09-0218.90x
2025-08-2918.96x
2025-08-2818.95x
2025-08-2718.89x
2025-08-2618.86x
2025-08-2518.73x
2025-08-2218.78x
2025-08-2118.61x
2025-08-2018.64x
2025-08-1918.58x
2025-08-1818.61x
2025-08-1518.58x
2025-08-1418.71x
2025-08-1318.58x
2025-08-1218.66x
2025-08-1118.54x
2025-08-0818.52x
2025-08-0718.45x
2025-08-0618.61x
2025-08-0518.61x
2025-08-0416.76x
2025-08-0116.59x
2025-07-3116.83x
2025-07-3016.94x
2025-07-2916.85x
2025-07-2816.89x
2025-07-2516.91x
2025-07-2416.84x
2025-07-2316.84x
2025-07-2216.66x
2025-07-2116.65x
2025-07-1816.66x
2025-07-1716.61x
2025-07-1616.48x
2025-07-1516.50x
2025-07-1416.57x
2025-07-1116.51x
2025-07-1016.56x
2025-07-0916.39x
2025-07-0816.37x
2025-07-0716.68x
2025-07-0316.82x
2025-07-0216.68x
2025-07-0116.63x
2025-06-3016.61x
2025-06-2716.52x
2025-06-2616.57x
2025-06-2516.42x
2025-06-2416.32x
2025-06-2316.22x
2025-06-2016.11x
2025-06-1816.08x
2025-06-1715.93x
2025-06-1615.96x
2025-06-1315.78x
2025-06-1215.89x
2025-06-1115.88x
2025-06-1015.90x
2025-06-0915.84x
2025-06-0615.80x
2025-06-0515.67x
2025-06-0415.75x
2025-06-0315.82x
2025-06-0215.77x
2025-05-3015.74x
2025-05-2915.76x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About JPMorgan Chase & Co.

Operating globally, JPMorgan Chase & Co. is a prominent financial services institution. Its business is organized into four main divisions: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The Consumer & Community Banking (CCB) division caters to individual consumers and small businesses. For consumers, it delivers deposit, investment, and lending products, along with payment services, including residential mortgages, home equity loans, credit cards, auto loans, and leasing. Small businesses receive lending, deposit, cash management, and payment solutions, in addition to mortgage origination and servicing. The Corporate & Investment Bank (CIB) segment delivers a broad spectrum of investment banking offerings. These encompass strategic and structural advisory, capital-raising for equity and debt markets, loan origination and syndication, international payments, and cross-border financing. It also deals with cash and derivative instruments, provides risk management solutions, prime brokerage, and research. Furthermore, CIB provides securities services, such as custody, fund accounting, administration, and securities lending, specifically for asset managers, insurers, and various public and private investment funds. Commercial Banking (CB) supplies financial remedies, including lending, payment processing, investment banking, and asset management, to small, large, and mid-sized businesses, local government entities, and non-profit organizations. It additionally specializes in commercial real estate banking for investors, developers, and owners of diverse property types, such as multifamily, office, retail, industrial, and affordable housing. The Asset & Wealth Management (AWM) segment provides multi-asset investment management services across equities, fixed income, alternative investments, and money market funds for both institutional and individual investors. Its offerings further extend to retirement products, brokerage services, custody, trusts and estates, various lending options (loans, mortgages), deposits, and comprehensive investment management products. Beyond its core segments, the firm also supports clients through ATM access, online and mobile banking platforms, and telephone banking services. Established in 1799, JPMorgan Chase & Co. maintains its headquarters in New York, New York.

New York City, NY
318,477 employees
Financial Services / Banks - Diversified
Sector
Financial Services
Industry
Banks - Diversified
CEO
James Dimon