JPMorgan Chase & Co.(JPM)
Banks - Diversified · New York, NY
$354.96-3.68 (-1.03%)
Delayed quote: Sep 8, 2026, 2:50 PM EDT
Banks - Diversified · New York, NY
Delayed quote: Sep 8, 2026, 2:50 PM EDT
Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 28.19% is in line with its 5-year average of 27.82%, around the middle of its 5-year range (18.29%–47.42%).
2.11% above its 12-month average of 27.61%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
28.19%
OPERATING MARGIN AVG TTM
27.61%
OPERATING MARGIN AVG 3Y
26.50%
OPERATING MARGIN AVG 5Y
27.82%
OPERATING MARGIN AVG 10Y
30.20%
OPERATING MARGIN AVG 15Y
29.59%
OPERATING MARGIN AVG 20Y
26.68%
CURRENT VS TTM AVG
+2.11%
CURRENT VS 3Y AVG
+6.36%
CURRENT VS 5Y AVG
+1.35%
CURRENT VS 10Y AVG
-6.64%
CURRENT VS 15Y AVG
-4.72%
CURRENT VS 20Y AVG
+5.66%
SECTOR MEDIAN · FINANCIAL SERVICES
23.41%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+20.42%
vs the sector median at left
JPMorgan Chase & Co.
Market Cap
$951.12B
Operating Margin
28.19%
TTM Avg
27.61%
3Y Avg
26.50%
5Y Avg
27.82%
Market Cap
$444.33B
Operating Margin
22.47%
TTM Avg
17.44%
3Y Avg
19.57%
5Y Avg
22.46%
Market Cap
$267.85B
Operating Margin
21.17%
TTM Avg
19.52%
3Y Avg
19.13%
5Y Avg
19.19%
Market Cap
$305.05B
Operating Margin
24.81%
TTM Avg
15.98%
3Y Avg
15.38%
5Y Avg
21.07%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| JPMorgan Chase & Co. (JPM) | $951.12B | 28.19% | 27.61% | 26.50% | 27.82% |
| Bank of America Corporation (BAC)vs › | $444.33B | 22.47% | 17.44% | 19.57% | 22.46% |
| Wells Fargo & Company (WFC)vs › | $267.85B | 21.17% | 19.52% | 19.13% | 19.19% |
| Citigroup Inc. (C)vs › | $235.83B | 14.18% | 10.88% | 12.21% | 16.43% |
| The Goldman Sachs Group, Inc. (GS)vs › | $305.05B | 24.81% | 15.98% | 15.38% | 21.07% |
| Morgan Stanley (MS)vs › | $343.27B | 20.70% | 18.07% | 18.02% | 22.52% |
Gross Margin
62.6%
Operating Margin
28.2%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 33.37% |
| 2026-03-31 | 27.80% |
| 2025-12-31 | 24.65% |
| 2025-09-30 | 26.07% |
| 2025-06-30 | 26.15% |
| 2025-03-31 | 26.71% |
| 2024-12-31 | 25.93% |
| 2024-09-30 | 24.37% |
| 2024-06-30 | 34.55% |
| 2024-03-31 | 26.10% |
| 2023-12-31 | 18.29% |
| 2023-09-30 | 27.17% |
| 2023-06-30 | 30.09% |
| 2023-03-31 | 29.22% |
| 2022-12-31 | 27.94% |
| 2022-09-30 | 29.42% |
| 2022-06-30 | 31.74% |
| 2022-03-31 | 31.11% |
| 2021-12-31 | 41.22% |
| 2021-09-30 | 45.43% |
| 2021-06-30 | 47.42% |
| 2021-03-31 | 52.62% |
| 2020-12-31 | 49.30% |
| 2020-09-30 | 38.16% |
| 2020-06-30 | 16.02% |
| 2020-03-31 | 9.73% |
| 2019-12-31 | 30.99% |
| 2019-09-30 | 31.52% |
| 2019-06-30 | 31.55% |
| 2019-03-31 | 31.15% |
| 2018-12-31 | 26.96% |
| 2018-09-30 | 32.60% |
| 2018-06-30 | 32.20% |
| 2018-03-31 | 33.02% |
| 2017-12-31 | 29.35% |
| 2017-09-30 | 32.43% |
| 2017-06-30 | 34.17% |
| 2017-03-31 | 29.88% |
| 2016-12-31 | 33.27% |
| 2016-09-30 | 32.94% |
| 2016-06-30 | 34.79% |
| 2016-03-31 | 29.82% |
| 2015-12-31 | 30.33% |
| 2015-09-30 | 27.36% |
| 2015-06-30 | 32.67% |
| 2015-03-31 | 31.69% |
| 2014-12-31 | 25.67% |
| 2014-09-30 | 30.10% |
| 2014-06-30 | 31.99% |
| 2014-03-31 | 30.50% |
| 2013-12-31 | 29.40% |
| 2013-09-30 | 0.13% |
| 2013-06-30 | 33.71% |
| 2013-03-31 | 32.96% |
| 2012-12-31 | 26.56% |
| 2012-09-30 | 28.73% |
| 2012-06-30 | 27.85% |
| 2012-03-31 | 24.00% |
| 2011-12-31 | 19.46% |
| 2011-09-30 | 21.46% |
| 2011-06-30 | 26.58% |
| 2011-03-31 | 28.01% |
| 2010-12-31 | 23.68% |
| 2010-09-30 | 23.04% |
| 2010-06-30 | 25.26% |
| 2010-03-31 | 14.73% |
| 2009-12-31 | 14.68% |
| 2009-09-30 | 16.80% |
| 2009-06-30 | 13.80% |
| 2009-03-31 | 10.33% |
| 2008-12-31 | -5.36% |
| 2008-09-30 | -9.48% |
| 2008-06-30 | 10.39% |
| 2008-03-31 | 13.21% |
| 2007-12-31 | 14.32% |
| 2007-09-30 | 17.85% |
| 2007-06-30 | 21.11% |
| 2007-03-31 | 24.87% |
| 2006-12-31 | 19.12% |
| 2006-09-30 | 19.50% |
| 2006-06-30 | 21.37% |
| 2006-03-31 | 19.82% |
| 2005-12-31 | 18.57% |
| 2005-09-30 | 17.62% |
| 2005-06-30 | 6.31% |
| 2005-03-31 | 17.23% |
| 2004-12-31 | 13.77% |
| 2004-09-30 | 11.84% |
| 2004-06-30 | -9.55% |
| 2004-03-31 | 24.97% |
| 2003-12-31 | 25.39% |
| 2003-09-30 | 23.37% |
| 2003-06-30 | 23.37% |
| 2003-03-31 | 18.53% |
| 2002-12-31 | -5.49% |
| 2002-09-30 | 0.57% |