JPMorgan Chase & Co. (JPM) FCF Payout Ratio: 11.67%
Is JPMorgan Chase & Co.’s FCF payout ratio high or low?
JPMorgan Chase & Co.'s FCF payout ratio of 11.67% is 69% below its 5-year average of 37.34%, near the low end of its 5-year range (12.66%–103.77%).
The FCF payout ratio for JPMorgan Chase & Co. (JPM) is 11.67%. It is below its 12-month average by 29.20% (16.48%).
JPM FCF Payout Ratio Chart
JPM Average FCF Payout Ratio Chart
JPM Current vs Average FCF Payout Ratio Chart
JPM FCF Payout Ratio Metrics
FCF PAYOUT RATIO
11.67%
FCF PAYOUT RATIO AVG TTM
16.48%
FCF PAYOUT RATIO AVG 3Y
44.30%
FCF PAYOUT RATIO AVG 5Y
37.34%
FCF PAYOUT RATIO AVG 10Y
70.65%
FCF PAYOUT RATIO AVG 15Y
51.22%
FCF PAYOUT RATIO AVG 20Y
45.12%
CURRENT VS TTM AVG
-29.20%
CURRENT VS 3Y AVG
-73.66%
CURRENT VS 5Y AVG
-68.75%
CURRENT VS 10Y AVG
-83.48%
CURRENT VS 15Y AVG
-77.22%
CURRENT VS 20Y AVG
-74.14%
Payout Ratio Comparison
FCF Payout Ratio
11.7%
Earnings Payout Ratio
29.4%
Dividend Yield
1.89%
FCF Yield
16.13%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $100.87B | $16.63B | 16.5% |
| 2024 | ($42.01B) | $14.78B | N/A (Loss) |
| 2023 | $12.97B | $13.46B | 103.8% |
| 2022 | $107.12B | $13.56B | 12.7% |
| 2021 | $78.08B | $12.86B | 16.5% |
| 2020 | ($79.91B) | $12.69B | N/A (Loss) |
| 2019 | $4.09B | $12.34B | 301.6% |
| 2018 | $15.61B | $10.11B | 64.7% |
| 2017 | ($10.83B) | $8.99B | N/A (Loss) |
| 2016 | $21.88B | $8.48B | 38.7% |
| 2015 | $73.47B | $7.87B | 10.7% |
| 2014 | $36.59B | $6.99B | 19.1% |
| 2013 | $107.95B | $6.06B | 5.6% |
| 2012 | $25.08B | $5.19B | 20.7% |
| 2011 | $95.93B | $3.90B | 4.1% |
| 2010 | ($3.75B) | $1.49B | N/A (Loss) |
| 2009 | $122.80B | $3.42B | 2.8% |
| 2008 | $41.55B | $5.91B | 14.2% |
| 2007 | ($110.56B) | $5.05B | N/A (Loss) |
| 2006 | ($49.58B) | $4.85B | N/A (Loss) |
| 2005 | ($30.24B) | $4.88B | N/A (Loss) |
| 2004 | ($15.15B) | $3.93B | N/A (Loss) |
| 2003 | $14.60B | $2.87B | 19.6% |
| 2002 | ($25.13B) | $2.78B | N/A (Loss) |
| 2001 | ($3.11B) | $2.70B | N/A (Loss) |
| 2000 | ($13.68B) | $2.28B | N/A (Loss) |
| 1999 | $50.00M | $2.13B | 4266.0% |
| 1998 | $2.61B | $1.28B | 48.9% |
| 1997 | $308.00M | $1.21B | 393.5% |
| 1996 | ($983.00M) | $1.19B | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
JPMorgan Chase & Co. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
JPMorgan Chase & Co. FCF Payout Ratio FAQ
- What is the FCF payout ratio for JPMorgan Chase & Co. (JPM)?
- The FCF payout ratio for JPM stock is 11.67%.
- Is JPMorgan Chase & Co.'s FCF payout ratio high or low?
- JPMorgan Chase & Co.'s FCF payout ratio of 11.67% is 69% below its 5-year average of 37.34%, near the low end of its 5-year range (12.66%–103.77%).
- What is the TTM average FCF payout ratio for JPMorgan Chase & Co. (JPM)?
- The TTM average FCF payout ratio for JPM stock is 16.48%.
- What is the 3Y average FCF payout ratio for JPMorgan Chase & Co. (JPM)?
- The 3Y average FCF payout ratio for JPM stock is 44.30%.
- What is the 5Y average FCF payout ratio for JPMorgan Chase & Co. (JPM)?
- The 5Y average FCF payout ratio for JPM stock is 37.34%.
- What is the 10Y average FCF payout ratio for JPMorgan Chase & Co. (JPM)?
- The 10Y average FCF payout ratio for JPM stock is 70.65%.
- What is the 15Y average FCF payout ratio for JPMorgan Chase & Co. (JPM)?
- The 15Y average FCF payout ratio for JPM stock is 51.22%.
- What is the 20Y average FCF payout ratio for JPMorgan Chase & Co. (JPM)?
- The 20Y average FCF payout ratio for JPM stock is 45.12%.
JPMorgan Chase & Co. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 16.48% |
| 2023-12-31 | 103.77% |
| 2022-12-31 | 12.66% |
| 2021-12-31 | 16.47% |
| 2019-12-31 | 301.64% |
| 2018-12-31 | 64.74% |
| 2016-12-31 | 38.73% |
| 2015-12-31 | 10.72% |
| 2014-12-31 | 19.10% |
| 2013-12-31 | 5.61% |
| 2012-12-31 | 20.71% |
| 2011-12-31 | 4.06% |
| 2009-12-31 | 2.79% |
| 2008-12-31 | 14.23% |
| 2003-12-31 | 19.62% |
| 1999-12-31 | 4266.00% |
| 1998-12-31 | 48.95% |
| 1997-12-31 | 393.51% |
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