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%).
The gross margin for JPMorgan Chase & Co. (JPM) is 60.87% as of Wednesday, June 10, 2026. It is above its 12-month average by 2.69% (59.27%).
JPM Gross Margin Chart
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
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| JPMorgan Chase & Co. (JPM) | — | 60.87% | 59.27% | 64.78% | 73.49% |
| Bank of America Corporation (BAC) | $388.93B | 63.18% | 53.00% | 60.28% | 70.02% |
| Wells Fargo & Company (WFC) | $251.58B | 64.55% | 63.48% | 70.30% | 75.77% |
| Citigroup Inc. (C) | $228.07B | 45.48% | 43.10% | 49.78% | 59.91% |
| The Goldman Sachs Group, Inc. (GS) | $296.20B | 55.55% | 44.30% | 48.82% | 60.59% |
| Morgan Stanley (MS) | $327.17B | 57.99% | 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
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 59.91% |
| 2024-12-31 | 58.64% |
| 2023-12-31 | 61.65% |
| 2022-12-31 | 78.92% |
| 2021-12-31 | 102.88% |
| 2020-12-31 | 78.92% |
| 2019-12-31 | 77.28% |
| 2018-12-31 | 80.04% |
| 2017-12-31 | 83.27% |
| 2016-12-31 | 85.73% |
| 2015-12-31 | 88.82% |
| 2014-12-31 | 89.29% |
| 2013-12-31 | 91.03% |
| 2012-12-31 | 86.65% |
| 2011-12-31 | 80.89% |
| 2010-12-31 | 74.52% |
| 2009-12-31 | 59.17% |
| 2008-12-31 | 45.59% |
| 2007-12-31 | 55.44% |
| 2006-12-31 | 58.81% |
| 2005-12-31 | 63.64% |
| 2004-12-31 | 70.74% |
| 2003-12-31 | 71.49% |
| 2002-12-31 | 58.29% |
| 2001-12-31 | 51.29% |
| 2000-12-31 | 52.54% |
| 1999-12-31 | 56.86% |
| 1998-12-31 | 53.47% |
| 1997-12-31 | 52.63% |
| 1996-12-31 | 54.58% |
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