JPMorgan Chase & Co.(JPM)
Banks - Diversified · New York, NY
$353.51+0.00 (+0.00%)
Delayed quote: Sep 8, 2026, 4:00 PM EDT
Banks - Diversified · New York, NY
Delayed quote: Sep 8, 2026, 4:00 PM EDT
Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 62.60% is in line with its 5-year average of 68.70%, near the low end of its 5-year range (56.76%–102.91%).
1.03% above its 12-month average of 61.96%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
62.60%
GROSS MARGIN AVG TTM
61.96%
GROSS MARGIN AVG 3Y
59.63%
GROSS MARGIN AVG 5Y
68.70%
GROSS MARGIN AVG 10Y
76.14%
GROSS MARGIN AVG 15Y
79.80%
GROSS MARGIN AVG 20Y
74.84%
CURRENT VS TTM AVG
+1.03%
CURRENT VS 3Y AVG
+4.98%
CURRENT VS 5Y AVG
-8.88%
CURRENT VS 10Y AVG
-17.79%
CURRENT VS 15Y AVG
-21.55%
CURRENT VS 20Y AVG
-16.35%
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+6.87%
vs the sector median at left
JPMorgan Chase & Co.
Market Cap
$947.23B
Gross Margin
62.60%
TTM Avg
61.96%
3Y Avg
59.63%
5Y Avg
68.70%
Market Cap
$442.76B
Gross Margin
59.32%
TTM Avg
53.00%
3Y Avg
60.28%
5Y Avg
70.02%
Market Cap
$266.04B
Gross Margin
64.50%
TTM Avg
63.48%
3Y Avg
70.30%
5Y Avg
75.77%
Market Cap
$305.78B
Gross Margin
47.48%
TTM Avg
44.30%
3Y Avg
48.82%
5Y Avg
60.59%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| JPMorgan Chase & Co. (JPM) | $947.23B | 62.60% | 61.96% | 59.63% | 68.70% |
| Bank of America Corporation (BAC)vs › | $442.76B | 59.32% | 53.00% | 60.28% | 70.02% |
| Wells Fargo & Company (WFC)vs › | $266.04B | 64.50% | 63.48% | 70.30% | 75.77% |
| Citigroup Inc. (C)vs › | $234.50B | 46.63% | 43.13% | 49.79% | 59.91% |
| The Goldman Sachs Group, Inc. (GS)vs › | $305.78B | 47.48% | 44.30% | 48.82% | 60.59% |
| Morgan Stanley (MS)vs › | $341.18B | 59.72% | 56.34% | 62.35% | 72.96% |
Gross Margin
62.6%
(Revenue - COGS) / Revenue
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
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 66.50% |
| 2026-03-31 | 64.25% |
| 2025-12-31 | 59.11% |
| 2025-09-30 | 59.84% |
| 2025-06-30 | 60.11% |
| 2025-03-31 | 60.96% |
| 2024-12-31 | 59.90% |
| 2024-09-30 | 56.76% |
| 2024-06-30 | 57.55% |
| 2024-03-31 | 60.44% |
| 2023-12-31 | 57.88% |
| 2023-09-30 | 62.33% |
| 2023-06-30 | 61.07% |
| 2023-03-31 | 66.02% |
| 2022-12-31 | 68.09% |
| 2022-09-30 | 76.43% |
| 2022-06-30 | 86.52% |
| 2022-03-31 | 90.45% |
| 2021-12-31 | 99.48% |
| 2021-09-30 | 100.36% |
| 2021-06-30 | 102.91% |
| 2021-03-31 | 108.30% |
| 2020-12-31 | 101.82% |
| 2020-09-30 | 92.86% |
| 2020-06-30 | 63.97% |
| 2020-03-31 | 60.61% |
| 2019-12-31 | 78.92% |
| 2019-09-30 | 76.77% |
| 2019-06-30 | 76.76% |
| 2019-03-31 | 76.62% |
| 2018-12-31 | 74.90% |
| 2018-09-30 | 80.24% |
| 2018-06-30 | 80.84% |
| 2018-03-31 | 82.82% |
| 2017-12-31 | 81.24% |
| 2017-09-30 | 81.87% |
| 2017-06-30 | 83.68% |
| 2017-03-31 | 84.62% |
| 2016-12-31 | 86.29% |
| 2016-09-30 | 86.23% |
| 2016-06-30 | 85.59% |
| 2016-03-31 | 84.27% |
| 2015-12-31 | 86.91% |
| 2015-09-30 | 89.85% |
| 2015-06-30 | 89.22% |
| 2015-03-31 | 89.03% |
| 2014-12-31 | 88.82% |
| 2014-09-30 | 90.20% |
| 2014-06-30 | 89.70% |
| 2014-03-31 | 88.26% |
| 2013-12-31 | 90.36% |
| 2013-09-30 | 93.12% |
| 2013-06-30 | 91.24% |
| 2013-03-31 | 88.93% |
| 2012-12-31 | 87.89% |
| 2012-09-30 | 84.02% |
| 2012-06-30 | 87.40% |
| 2012-03-31 | 87.07% |
| 2011-12-31 | 79.06% |
| 2011-09-30 | 78.77% |
| 2011-06-30 | 81.66% |
| 2011-03-31 | 83.62% |
| 2010-12-31 | 77.87% |
| 2010-09-30 | 76.50% |
| 2010-06-30 | 77.27% |
| 2010-03-31 | 67.07% |
| 2009-12-31 | 60.15% |
| 2009-09-30 | 61.43% |
| 2009-06-30 | 59.63% |
| 2009-03-31 | 55.53% |
| 2008-12-31 | 39.61% |
| 2008-09-30 | 38.80% |
| 2008-06-30 | 56.11% |
| 2008-03-31 | 46.58% |
| 2007-12-31 | 51.57% |
| 2007-09-30 | 51.16% |
| 2007-06-30 | 57.77% |
| 2007-03-31 | 60.91% |
| 2006-12-31 | 55.15% |
| 2006-09-30 | 58.18% |
| 2006-06-30 | 59.26% |
| 2006-03-31 | 61.36% |
| 2005-12-31 | 59.00% |
| 2005-09-30 | 62.68% |
| 2005-06-30 | 64.89% |
| 2005-03-31 | 69.38% |
| 2004-12-31 | 67.45% |
| 2004-09-30 | 68.51% |
| 2004-06-30 | 74.91% |
| 2004-03-31 | 77.09% |
| 2003-12-31 | 74.30% |
| 2003-09-30 | 72.38% |
| 2003-06-30 | 72.61% |
| 2003-03-31 | 66.90% |
| 2002-12-31 | 61.45% |
| 2002-09-30 | 48.55% |