JPMorgan Chase & Co. (JPM) Debt to Equity Ratio: 2.60
Is JPMorgan Chase & Co.’s debt to equity ratio high or low?
JPMorgan Chase & Co.'s debt to equity ratio of 2.60 is 25% above its 5-year average of 2.07, near the high end of its 5-year range (1.86–2.60).
As of Thursday, June 11, 2026. 8.79% above its 12-month average of 2.39.
JPM Debt to Equity Ratio Chart
JPM Average Debt to Equity Ratio Chart
JPM Current vs Average Debt to Equity Ratio Chart
JPM Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
2.60
DEBT TO EQUITY RATIO AVG TTM
2.39
DEBT TO EQUITY RATIO AVG 3Y
2.16
DEBT TO EQUITY RATIO AVG 5Y
2.07
DEBT TO EQUITY RATIO AVG 10Y
2.03
DEBT TO EQUITY RATIO AVG 15Y
2.28
DEBT TO EQUITY RATIO AVG 20Y
2.53
CURRENT VS TTM AVG
+8.79%
CURRENT VS 3Y AVG
+20.51%
CURRENT VS 5Y AVG
+25.40%
CURRENT VS 10Y AVG
+28.19%
CURRENT VS 15Y AVG
+13.85%
CURRENT VS 20Y AVG
+2.79%
JPM Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| JPMorgan Chase & Co. (JPM) | $831.35B | 2.60 | 2.39 | 2.16 | 2.07 |
| Bank of America Corporation (BAC) | $388.43B | 1.21 | 1.72 | 1.84 | 1.81 |
| Wells Fargo & Company (WFC) | $248.89B | 2.35 | 1.96 | 1.69 | 1.55 |
| Citigroup Inc. (C) | $230.27B | 3.37 | 3.10 | 2.93 | 2.76 |
| The Goldman Sachs Group, Inc. (GS) | $298.19B | 4.88 | 4.97 | 4.66 | 4.58 |
| Morgan Stanley (MS) | $328.52B | 4.26 | 3.85 | 3.55 | 3.32 |
Financial Health
Debt/Equity
2.60
Current Ratio
0.52
JPMorgan Chase & Co. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
JPMorgan Chase & Co. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for JPMorgan Chase & Co. (JPM)?
- The debt to equity ratio for JPM stock is 2.60.
- Is JPMorgan Chase & Co.'s debt to equity ratio high or low?
- JPMorgan Chase & Co.'s debt to equity ratio of 2.60 is 25% above its 5-year average of 2.07, near the high end of its 5-year range (1.86–2.60).
- What is the TTM average debt to equity ratio for JPMorgan Chase & Co. (JPM)?
- The TTM average debt to equity ratio for JPM stock is 2.39.
- What is the 3Y average debt to equity ratio for JPMorgan Chase & Co. (JPM)?
- The 3Y average debt to equity ratio for JPM stock is 2.16.
- What is the 5Y average debt to equity ratio for JPMorgan Chase & Co. (JPM)?
- The 5Y average debt to equity ratio for JPM stock is 2.07.
- What is the 10Y average debt to equity ratio for JPMorgan Chase & Co. (JPM)?
- The 10Y average debt to equity ratio for JPM stock is 2.03.
- What is the 15Y average debt to equity ratio for JPMorgan Chase & Co. (JPM)?
- The 15Y average debt to equity ratio for JPM stock is 2.28.
- What is the 20Y average debt to equity ratio for JPMorgan Chase & Co. (JPM)?
- The 20Y average debt to equity ratio for JPM stock is 2.53.
JPMorgan Chase & Co. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 2.60 |
| 2024-12-31 | 2.18 |
| 2023-12-31 | 1.99 |
| 2022-12-31 | 1.86 |
| 2021-12-31 | 1.87 |
| 2020-12-31 | 1.94 |
| 2019-12-31 | 1.97 |
| 2018-12-31 | 2.08 |
| 2017-12-31 | 1.94 |
| 2016-12-31 | 1.95 |
| 2015-12-31 | 1.93 |
| 2014-12-31 | 2.44 |
| 2013-12-31 | 2.53 |
| 2012-12-31 | 2.80 |
| 2011-12-31 | 2.96 |
| 2010-12-31 | 3.50 |
| 2009-12-31 | 3.78 |
| 2008-12-31 | 3.80 |
| 2007-12-31 | 3.50 |
| 2006-12-31 | 2.98 |
| 2005-12-31 | 2.52 |
| 2004-12-31 | 2.41 |
| 2003-12-31 | 4.15 |
| 2002-12-31 | 5.68 |
| 2001-12-31 | 4.90 |
| 2000-12-31 | 5.12 |
| 1999-12-31 | 3.55 |
| 1998-12-31 | 3.15 |
| 1997-12-31 | 3.81 |
| 1996-12-31 | 3.85 |
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