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 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
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| JPMorgan Chase & Co. (JPM) | $833.73B | 21.98x | 18.94x | 13.69x | 10.27x |
| Bank of America Corporation (BAC) | $388.93B | 13.12x | 21.87x | 21.04x | 19.41x |
| Wells Fargo & Company (WFC) | $251.58B | 17.11x | 15.24x | 11.88x | 9.71x |
| Citigroup Inc. (C) | $228.07B | 39.94x | 26.46x | 24.70x | 19.49x |
| The Goldman Sachs Group, Inc. (GS) | $296.20B | 42.20x | 32.84x | 31.18x | 24.93x |
| Morgan Stanley (MS) | $327.17B | 21.74x | 23.42x | 24.14x | 21.47x |
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
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
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-10 | 21.98x |
| 2026-06-09 | 22.03x |
| 2026-06-08 | 21.98x |
| 2026-06-05 | 22.02x |
| 2026-06-04 | 21.97x |
| 2026-06-03 | 21.63x |
| 2026-06-02 | 21.63x |
| 2026-06-01 | 21.48x |
| 2026-05-29 | 21.58x |
| 2026-05-28 | 21.49x |
| 2026-05-27 | 21.57x |
| 2026-05-26 | 21.83x |
| 2026-05-22 | 21.82x |
| 2026-05-21 | 21.70x |
| 2026-05-20 | 21.67x |
| 2026-05-19 | 21.45x |
| 2026-05-18 | 21.62x |
| 2026-05-15 | 21.52x |
| 2026-05-14 | 21.60x |
| 2026-05-13 | 21.61x |
| 2026-05-12 | 21.77x |
| 2026-05-11 | 21.60x |
| 2026-05-08 | 21.67x |
| 2026-05-07 | 21.81x |
| 2026-05-06 | 22.11x |
| 2026-05-05 | 21.92x |
| 2026-05-04 | 21.86x |
| 2026-05-01 | 22.03x |
| 2026-04-30 | 18.11x |
| 2026-04-29 | 17.97x |
| 2026-04-28 | 18.04x |
| 2026-04-27 | 18.05x |
| 2026-04-24 | 17.94x |
| 2026-04-23 | 18.05x |
| 2026-04-22 | 18.10x |
| 2026-04-21 | 18.10x |
| 2026-04-20 | 18.23x |
| 2026-04-17 | 18.01x |
| 2026-04-16 | 17.99x |
| 2026-04-15 | 17.86x |
| 2026-04-14 | 18.03x |
| 2026-04-13 | 18.12x |
| 2026-04-10 | 17.99x |
| 2026-04-09 | 18.01x |
| 2026-04-08 | 17.93x |
| 2026-04-07 | 17.56x |
| 2026-04-06 | 17.50x |
| 2026-04-02 | 17.47x |
| 2026-04-01 | 17.49x |
| 2026-03-31 | 17.45x |
| 2026-03-30 | 17.10x |
| 2026-03-27 | 17.06x |
| 2026-03-26 | 17.37x |
| 2026-03-25 | 17.49x |
| 2026-03-24 | 17.39x |
| 2026-03-23 | 17.31x |
| 2026-03-20 | 17.19x |
| 2026-03-19 | 17.24x |
| 2026-03-18 | 17.23x |
| 2026-03-17 | 17.20x |
| 2026-03-16 | 17.18x |
| 2026-03-13 | 17.08x |
| 2026-03-12 | 17.06x |
| 2026-03-11 | 17.22x |
| 2026-03-10 | 17.27x |
| 2026-03-09 | 17.31x |
| 2026-03-06 | 17.29x |
| 2026-03-05 | 17.43x |
| 2026-03-04 | 17.63x |
| 2026-03-03 | 17.66x |
| 2026-03-02 | 17.57x |
| 2026-02-27 | 17.66x |
| 2026-02-26 | 17.86x |
| 2026-02-25 | 17.77x |
| 2026-02-24 | 17.56x |
| 2026-02-23 | 17.57x |
| 2026-02-20 | 18.02x |
| 2026-02-19 | 17.93x |
| 2026-02-18 | 17.95x |
| 2026-02-17 | 17.90x |
| 2026-02-13 | 17.74x |
| 2026-02-12 | 19.76x |
| 2026-02-11 | 20.04x |
| 2026-02-10 | 20.30x |
| 2026-02-09 | 20.43x |
| 2026-02-06 | 20.44x |
| 2026-02-05 | 20.02x |
| 2026-02-04 | 20.26x |
| 2026-02-03 | 20.18x |
| 2026-02-02 | 19.95x |
| 2026-01-30 | 19.87x |
| 2026-01-29 | 19.89x |
| 2026-01-28 | 19.70x |
| 2026-01-27 | 19.68x |
| 2026-01-26 | 19.71x |
| 2026-01-23 | 19.59x |
| 2026-01-22 | 19.79x |
| 2026-01-21 | 19.74x |
| 2026-01-20 | 19.76x |
| 2026-01-16 | 20.10x |
| 2026-01-15 | 19.99x |
| 2026-01-14 | 19.94x |
| 2026-01-13 | 20.04x |
| 2026-01-12 | 20.51x |
| 2026-01-09 | 20.67x |
| 2026-01-08 | 20.69x |
| 2026-01-07 | 20.60x |
| 2026-01-06 | 20.86x |
| 2026-01-05 | 20.84x |
| 2026-01-02 | 20.55x |
| 2025-12-31 | 20.43x |
| 2025-12-30 | 20.48x |
| 2025-12-29 | 20.49x |
| 2025-12-26 | 20.63x |
| 2025-12-24 | 20.67x |
| 2025-12-23 | 20.56x |
| 2025-12-22 | 20.46x |
| 2025-12-19 | 20.26x |
| 2025-12-18 | 20.12x |
| 2025-12-17 | 20.18x |
| 2025-12-16 | 20.20x |
| 2025-12-15 | 20.36x |
| 2025-12-12 | 20.31x |
| 2025-12-11 | 20.27x |
| 2025-12-10 | 20.02x |
| 2025-12-09 | 19.69x |
| 2025-12-08 | 20.19x |
| 2025-12-05 | 20.19x |
| 2025-12-04 | 20.22x |
| 2025-12-03 | 20.09x |
| 2025-12-02 | 19.94x |
| 2025-12-01 | 19.98x |
| 2025-11-28 | 20.12x |
| 2025-11-26 | 19.93x |
| 2025-11-25 | 19.77x |
| 2025-11-24 | 19.60x |
| 2025-11-21 | 19.60x |
| 2025-11-20 | 19.61x |
| 2025-11-19 | 19.78x |
| 2025-11-18 | 19.65x |
| 2025-11-17 | 19.68x |
| 2025-11-14 | 19.79x |
| 2025-11-13 | 20.00x |
| 2025-11-12 | 20.37x |
| 2025-11-11 | 20.21x |
| 2025-11-10 | 20.25x |
| 2025-11-07 | 20.16x |
| 2025-11-06 | 20.13x |
| 2025-11-05 | 20.07x |
| 2025-11-04 | 19.99x |
| 2025-11-03 | 19.24x |
| 2025-10-31 | 19.30x |
| 2025-10-30 | 19.25x |
| 2025-10-29 | 19.11x |
| 2025-10-28 | 19.10x |
| 2025-10-27 | 19.06x |
| 2025-10-24 | 18.93x |
| 2025-10-23 | 18.72x |
| 2025-10-22 | 18.71x |
| 2025-10-21 | 18.81x |
| 2025-10-20 | 19.00x |
| 2025-10-17 | 18.83x |
| 2025-10-16 | 18.86x |
| 2025-10-15 | 19.11x |
| 2025-10-14 | 18.99x |
| 2025-10-13 | 19.19x |
| 2025-10-10 | 18.94x |
| 2025-10-09 | 19.11x |
| 2025-10-08 | 19.05x |
| 2025-10-07 | 19.18x |
| 2025-10-06 | 19.24x |
| 2025-10-03 | 19.27x |
| 2025-10-02 | 19.18x |
| 2025-10-01 | 19.29x |
| 2025-09-30 | 19.46x |
| 2025-09-29 | 19.47x |
| 2025-09-26 | 19.48x |
| 2025-09-25 | 19.39x |
| 2025-09-24 | 19.39x |
| 2025-09-23 | 19.36x |
| 2025-09-22 | 19.35x |
| 2025-09-19 | 19.43x |
| 2025-09-18 | 19.38x |
| 2025-09-17 | 19.33x |
| 2025-09-16 | 19.24x |
| 2025-09-15 | 19.23x |
| 2025-09-12 | 19.16x |
| 2025-09-11 | 19.11x |
| 2025-09-10 | 18.93x |
| 2025-09-09 | 18.84x |
| 2025-09-08 | 18.66x |
| 2025-09-05 | 18.71x |
| 2025-09-04 | 19.05x |
| 2025-09-03 | 18.90x |
| 2025-09-02 | 18.90x |
| 2025-08-29 | 18.96x |
| 2025-08-28 | 18.95x |
| 2025-08-27 | 18.89x |
| 2025-08-26 | 18.86x |
| 2025-08-25 | 18.73x |
| 2025-08-22 | 18.78x |
| 2025-08-21 | 18.61x |
| 2025-08-20 | 18.64x |
| 2025-08-19 | 18.58x |
| 2025-08-18 | 18.61x |
| 2025-08-15 | 18.58x |
| 2025-08-14 | 18.71x |
| 2025-08-13 | 18.58x |
| 2025-08-12 | 18.66x |
| 2025-08-11 | 18.54x |
| 2025-08-08 | 18.52x |
| 2025-08-07 | 18.45x |
| 2025-08-06 | 18.61x |
| 2025-08-05 | 18.61x |
| 2025-08-04 | 16.76x |
| 2025-08-01 | 16.59x |
| 2025-07-31 | 16.83x |
| 2025-07-30 | 16.94x |
| 2025-07-29 | 16.85x |
| 2025-07-28 | 16.89x |
| 2025-07-25 | 16.91x |
| 2025-07-24 | 16.84x |
| 2025-07-23 | 16.84x |
| 2025-07-22 | 16.66x |
| 2025-07-21 | 16.65x |
| 2025-07-18 | 16.66x |
| 2025-07-17 | 16.61x |
| 2025-07-16 | 16.48x |
| 2025-07-15 | 16.50x |
| 2025-07-14 | 16.57x |
| 2025-07-11 | 16.51x |
| 2025-07-10 | 16.56x |
| 2025-07-09 | 16.39x |
| 2025-07-08 | 16.37x |
| 2025-07-07 | 16.68x |
| 2025-07-03 | 16.82x |
| 2025-07-02 | 16.68x |
| 2025-07-01 | 16.63x |
| 2025-06-30 | 16.61x |
| 2025-06-27 | 16.52x |
| 2025-06-26 | 16.57x |
| 2025-06-25 | 16.42x |
| 2025-06-24 | 16.32x |
| 2025-06-23 | 16.22x |
| 2025-06-20 | 16.11x |
| 2025-06-18 | 16.08x |
| 2025-06-17 | 15.93x |
| 2025-06-16 | 15.96x |
| 2025-06-13 | 15.78x |
| 2025-06-12 | 15.89x |
| 2025-06-11 | 15.88x |
| 2025-06-10 | 15.90x |
| 2025-06-09 | 15.84x |
| 2025-06-06 | 15.80x |
| 2025-06-05 | 15.67x |
| 2025-06-04 | 15.75x |
| 2025-06-03 | 15.82x |
| 2025-06-02 | 15.77x |
| 2025-05-30 | 15.74x |
| 2025-05-29 | 15.76x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
Related Metrics
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.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- CEO
- James Dimon