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JPMorgan Chase & Co. (JPM) Gross Margin: 60.87%

Is JPMorgan Chase & Co.’s gross margin high or low?

JPMorgan Chase & Co.'s gross margin of 60.87% is 17% below its 5-year average of 73.49%, near the low end of its 5-year range (58.64%–102.88%).

As of Thursday, June 11, 2026. 2.69% above its 12-month average of 59.27%.

JPM Gross Margin Chart

JPM Gross Margin
59.91%+2.17% 1Y
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JPM Average Gross Margin Chart

JPM Current vs Average Gross Margin Chart

JPM Gross Margin Metrics

GROSS MARGIN

60.87%

GROSS MARGIN AVG TTM

59.27%

GROSS MARGIN AVG 3Y

64.78%

GROSS MARGIN AVG 5Y

73.49%

GROSS MARGIN AVG 10Y

77.82%

GROSS MARGIN AVG 15Y

79.90%

GROSS MARGIN AVG 20Y

74.34%

CURRENT VS TTM AVG

+2.69%

CURRENT VS 3Y AVG

-6.04%

CURRENT VS 5Y AVG

-17.17%

CURRENT VS 10Y AVG

-21.78%

CURRENT VS 15Y AVG

-23.82%

CURRENT VS 20Y AVG

-18.12%

JPM Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
JPMorgan Chase & Co. (JPM)$831.35B60.87%59.27%64.78%73.49%
Bank of America Corporation (BAC)$388.43B63.18%53.00%60.28%70.02%
Wells Fargo & Company (WFC)$248.89B64.55%63.48%70.30%75.77%
Citigroup Inc. (C)$230.27B45.48%43.10%49.78%59.91%
The Goldman Sachs Group, Inc. (GS)$298.19B55.55%44.30%48.82%60.59%
Morgan Stanley (MS)$328.52B57.99%56.34%62.35%72.96%

Gross Margin Analysis

Gross Margin

60.9%

(Revenue - COGS) / Revenue

JPMorgan Chase & Co. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

JPMorgan Chase & Co. Gross Margin FAQ

What is the gross margin for JPMorgan Chase & Co. (JPM)?
The gross margin for JPM stock is 60.87%.
Is JPMorgan Chase & Co.'s gross margin high or low?
JPMorgan Chase & Co.'s gross margin of 60.87% is 17% below its 5-year average of 73.49%, near the low end of its 5-year range (58.64%–102.88%).
What is the TTM average gross margin for JPMorgan Chase & Co. (JPM)?
The TTM average gross margin for JPM stock is 59.27%.
What is the 3Y average gross margin for JPMorgan Chase & Co. (JPM)?
The 3Y average gross margin for JPM stock is 64.78%.
What is the 5Y average gross margin for JPMorgan Chase & Co. (JPM)?
The 5Y average gross margin for JPM stock is 73.49%.
What is the 10Y average gross margin for JPMorgan Chase & Co. (JPM)?
The 10Y average gross margin for JPM stock is 77.82%.
What is the 15Y average gross margin for JPMorgan Chase & Co. (JPM)?
The 15Y average gross margin for JPM stock is 79.90%.
What is the 20Y average gross margin for JPMorgan Chase & Co. (JPM)?
The 20Y average gross margin for JPM stock is 74.34%.

JPMorgan Chase & Co. Gross Margin History

DATEGROSS MARGIN
2025-12-3159.91%
2024-12-3158.64%
2023-12-3161.65%
2022-12-3178.92%
2021-12-31102.88%
2020-12-3178.92%
2019-12-3177.28%
2018-12-3180.04%
2017-12-3183.27%
2016-12-3185.73%
2015-12-3188.82%
2014-12-3189.29%
2013-12-3191.03%
2012-12-3186.65%
2011-12-3180.89%
2010-12-3174.52%
2009-12-3159.17%
2008-12-3145.59%
2007-12-3155.44%
2006-12-3158.81%
2005-12-3163.64%
2004-12-3170.74%
2003-12-3171.49%
2002-12-3158.29%
2001-12-3151.29%
2000-12-3152.54%
1999-12-3156.86%
1998-12-3153.47%
1997-12-3152.63%
1996-12-3154.58%

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