What is the current annual operating margin of JPM?

As of today, JPM annual operating margin is 26.02%

What is 1-year change in JPM annual operating margin?

JPM annual operating margin is down -4.37% year-over-year

What is 3-year change in JPM annual operating margin?

JPM annual operating margin is down -12.98% over the past 3 years

How far is JPM annual operating margin from its all-time high?

JPM annual operating margin is currently -43.50% below its historical high of 46.05% set on December 31, 2021

How does JPM annual operating margin rank versus sector peers?

JPM annual operating margin is higher than 65.84% of companies in Financial Services sector

When is JPM next annual earnings release?

The next annual earnings release for JPM is on January 14, 2027

What is the current quarterly operating margin of JPM?

As of today, JPM quarterly operating margin is 26.51%

What is JPM quarterly operating margin most recent change?

JPM quarterly operating margin was down -20.79% on September 30, 2026

What is 1-year change in JPM quarterly operating margin?

JPM quarterly operating margin is up +1.11% year-over-year

How far is JPM quarterly operating margin from its all-time high?

JPM quarterly operating margin is currently -48.05% below its historical high of 51.03% set on March 31, 2021

How does JPM quarterly operating margin rank versus sector peers?

JPM quarterly operating margin is higher than 56.89% of companies in Financial Services sector

When is JPM next earnings release?

The next earnings release for JPM is on January 14, 2027

JPM Operating Margin History & Chart Since 1980

Annual Operating Margin

26.02%1.19%-4.37%

December 31, 2025

Summary

Current Value: As of today, JPM annual operating margin is 26.02%, down -4.37% on December 31, 2025
Historical Performance: JPM annual operating margin is down -12.98% over the past 3 years, down -11.35% over the past 5 years
All-Time High Comparison: JPM annual operating margin is currently -43.50% below its historical high of 46.05% set on December 31, 2021
3-Year Low Comparison: JPM annual operating margin is at its 3-year low
Sector Comparison: JPM annual operating margin is higher than 65.84% of companies in Financial Services sector

Operating Margin Chart

beforeafter

Performance

JPM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	26.02%	-4.4%	-13.0%	-11.3%	-9.0%
Quarterly Operating Margin	Sep 30, 26	26.51%	+1.1%	-5.3%	-41.4%	-16.3%
Price	Nov 12, 26	$342.82	+7.0%	+134.1%	+105.5%	+930.1%
PE Ratio	Nov 12, 26	14.38	-9.4%	+64.5%	+36.2%	+102.5%
Annual Revenue	Dec 31, 25	$279.07B	+0.1%	+77.1%	+121.8%	+146.7%
Annual Operating Profit	Dec 31, 25	$72.96B	-3.8%	+54.9%	+97.5%	+125.5%
Annual Gross Margin	Dec 31, 25	0.00%	0.0%	0.0%	0.0%	0.0%
Annual Net Margin	Dec 31, 25	20.25%	-2.9%	-14.9%	-12.1%	+39.7%

Operating Margin Highs

JPM Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	29.90%	N/A	-13.0%
5Y	46.05%	Dec 31, 21	-43.5%
All	46.05%	Dec 31, 21	-43.5%

Operating Margin Lows

JPM Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	26.02%	Dec 31, 25	at low
5Y	26.02%	Dec 31, 25	at low
All	-31.57%	Dec 31, 87	+182.4%

Operating Margin History

Year	Value	Change
2025	26.02%	-4.4%
2024	27.21%	+3.3%
2023	26.34%	-11.9%
2022	29.90%	-35.1%
2021	46.05%	+56.9%
2020	29.35%	-7.4%
2019	31.69%	+1.0%
2018	31.39%	+53.8%
2017	20.41%	-37.2%
2016	32.51%	-5.4%
2015	34.36%	+9.7%
2014	31.31%	-6.2%
2013	33.39%	+8.5%
2012	30.77%	+2.8%
2011	29.92%	+4.6%
2010	28.60%	+120.0%
2009	13.00%	+198.9%
2008	4.35%	-77.5%
2007	19.37%	-6.2%
2006	20.65%	+30.3%
2005	15.85%	-20.8%
2004	20.00%	-17.5%
2003	24.25%	+31.3%

Year	Value	Change
2002	18.47%	+50.4%
2001	12.28%	-39.5%
2000	20.30%	+1,426.3%
1999	1.33%	-93.4%
1998	20.10%	-1.0%
1997	20.31%	-1.0%
1996	20.51%	+13.7%
1995	18.04%	-9.2%
1994	19.87%	+9.0%
1993	18.23%	+66.9%
1992	10.92%	+432.7%
1991	2.05%	-61.0%
1990	5.25%	+195.1%
1989	-5.52%	-146.5%
1988	11.88%	+137.6%
1987	-31.57%	-453.1%
1986	8.94%	-4.0%
1985	9.31%	+40.8%
1984	6.61%	-17.3%
1983	7.99%	+9.2%
1982	7.32%	+43.0%
1981	5.12%	-31.7%
1980	7.50%	-

FAQ

What is the current annual operating margin of JPM?: As of today, JPM annual operating margin is 26.02%
What is 1-year change in JPM annual operating margin?: JPM annual operating margin is down -4.37% year-over-year
What is 3-year change in JPM annual operating margin?: JPM annual operating margin is down -12.98% over the past 3 years
How far is JPM annual operating margin from its all-time high?: JPM annual operating margin is currently -43.50% below its historical high of 46.05% set on December 31, 2021
How does JPM annual operating margin rank versus sector peers?: JPM annual operating margin is higher than 65.84% of companies in Financial Services sector
When is JPM next annual earnings release?: The next annual earnings release for JPM is on January 14, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

26.51%6.96%-20.79%

September 30, 2026

Summary

Current Value: As of today, JPM quarterly operating margin is 26.51%, down -20.79% on September 30, 2026
Historical Performance: JPM quarterly operating margin is up +1.11% year-over-year, down -5.29% over the past 3 years
All-Time High Comparison: JPM quarterly operating margin is currently -48.05% below its historical high of 51.03% set on March 31, 2021
3-Year Low Comparison: JPM quarterly operating margin is +49.02% above its 3-year low of 17.79% reached on December 31, 2023
Sector Comparison: JPM quarterly operating margin is higher than 56.89% of companies in Financial Services sector

Performance

JPM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	26.51%	-20.8%	+1.1%	-5.3%	-41.4%
Annual Operating Margin	Dec 31, 25	26.02%	–	-4.4%	-13.0%	-11.3%
Price	Nov 12, 26	$342.82	-6.1%	+7.0%	+134.1%	+105.5%
PE Ratio	Nov 12, 26	14.38	-8.1%	-9.4%	+64.5%	+36.2%
Quarterly Revenue	Sep 30, 26	$76.76B	-7.0%	+7.0%	+23.5%	+144.7%
Quarterly Operating Profit	Sep 30, 26	$20.20B	-26.9%	+7.4%	+16.1%	+42.4%
Quarterly Gross Margin	Sep 30, 26	0.00%	0.0%	0.0%	0.0%	0.0%
Quarterly Net Margin	Sep 30, 26	19.86%	-22.1%	-0.6%	-5.6%	-46.4%

Quarterly Operating Margin Highs

JPM Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	33.47%	Jun 30, 26	-20.8%
3Y	33.47%	Jun 30, 26	-20.8%
5Y	45.23%	N/A	-41.4%
All	51.03%	Mar 31, 21	-48.0%

Quarterly Operating Margin Lows

JPM Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	24.75%	Dec 31, 25	+7.1%
3Y	17.79%	Dec 31, 23	+49.0%
5Y	17.79%	Dec 31, 23	+49.0%
All	-21.37%	Sep 30, 08	+224.1%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	26.51%	-20.8%
Jun 2026	33.47%	+19.1%
Mar 2026	28.10%	+13.5%
Dec 2025	24.75%	-5.6%
Sep 2025	26.22%	-0.5%
Jun 2025	26.35%	-2.3%
Mar 2025	26.96%	+3.3%
Dec 2024	26.11%	-14.9%
Sep 2024	30.69%	-1.9%
Jun 2024	31.28%	+20.8%
Mar 2024	25.90%	+45.6%
Dec 2023	17.79%	-36.4%
Sep 2023	27.99%	-4.7%
Jun 2023	29.37%	-7.4%
Mar 2023	31.71%	+17.0%
Dec 2022	27.11%	-7.3%
Sep 2022	29.26%	-5.6%
Jun 2022	31.00%	+1.5%
Mar 2022	30.55%	-20.0%
Dec 2021	38.17%	-15.6%
Sep 2021	45.23%	-5.8%
Jun 2021	48.01%	-5.9%
Mar 2021	51.03%	+1.7%
Dec 2020	50.20%	+28.6%
Sep 2020	39.05%	+143.2%
Jun 2020	16.06%	+54.9%
Mar 2020	10.37%	-67.0%
Dec 2019	31.38%	+8.2%
Sep 2019	29.01%	-1.3%
Jun 2019	29.39%	-5.8%
Mar 2019	31.20%	+13.8%
Dec 2018	27.42%	-14.6%
Sep 2018	32.10%	+1.0%
Jun 2018	31.79%	-3.3%
Mar 2018	32.89%	+321.9%
Dec 2017	-14.82%	-146.2%
Sep 2017	32.07%	-4.9%
Jun 2017	33.72%	+10.5%
Mar 2017	30.51%	-6.4%
Dec 2016	32.58%	-0.5%
Sep 2016	32.76%	-3.6%
Jun 2016	33.99%	+11.0%
Mar 2016	30.61%	+0.4%
Dec 2015	30.49%	-23.0%
Sep 2015	39.59%	+16.3%
Jun 2015	34.03%	-0.5%
Mar 2015	34.20%	-12.4%
Dec 2014	39.06%	+11.7%
Sep 2014	34.97%	+8.3%
Jun 2014	32.28%	+11.0%
Mar 2014	29.07%	+3.2%
Dec 2013	28.16%	-22.7%
Sep 2013	36.44%	+4.6%
Jun 2013	34.83%	+12.8%
Mar 2013	30.87%	+0.2%
Dec 2012	30.81%	-3.7%
Sep 2012	31.98%	+3.9%
Jun 2012	30.77%	-5.5%

Month	Value	Change
Mar 2012	32.57%	+45.9%
Dec 2011	22.33%	-29.5%
Sep 2011	31.66%	-6.3%
Jun 2011	33.78%	+7.9%
Mar 2011	31.31%	+9.8%
Dec 2010	28.52%	-6.7%
Sep 2010	30.58%	-5.7%
Jun 2010	32.44%	+33.8%
Mar 2010	24.25%	+64.6%
Dec 2009	14.73%	-5.8%
Sep 2009	15.63%	+39.9%
Jun 2009	11.17%	+3.1%
Mar 2009	10.83%	+213.4%
Dec 2008	-9.55%	+55.3%
Sep 2008	-21.37%	-303.3%
Jun 2008	10.51%	-21.5%
Mar 2008	13.39%	-9.5%
Dec 2007	14.80%	-15.1%
Sep 2007	17.43%	-12.6%
Jun 2007	19.94%	-19.6%
Mar 2007	24.80%	+24.3%
Dec 2006	19.95%	-3.8%
Sep 2006	20.73%	-6.4%
Jun 2006	22.15%	+11.3%
Mar 2006	19.90%	+59.3%
Dec 2005	12.49%	-33.2%
Sep 2005	18.69%	-4.8%
Jun 2005	19.64%	-12.3%
Mar 2005	22.40%	+11.9%
Dec 2004	20.01%	-2.5%
Sep 2004	20.53%	+675.1%
Jun 2004	-3.57%	-112.4%
Mar 2004	28.69%	+42.2%
Dec 2003	20.17%	-22.7%
Sep 2003	26.11%	-14.3%
Jun 2003	30.45%	+46.2%
Mar 2003	20.83%	-28.7%
Dec 2002	29.20%	+307.8%
Sep 2002	7.16%	-57.5%
Jun 2002	16.84%	+14.0%
Mar 2002	14.77%	+12.7%
Dec 2001	13.11%	+5.2%
Sep 2001	12.46%	+47.3%
Jun 2001	8.46%	-27.9%
Mar 2001	11.73%	-43.6%
Dec 2000	20.80%	-22.8%
Sep 2000	26.93%	-2.3%
Jun 2000	27.56%	-3.4%
Mar 2000	28.54%	-36.2%
Dec 1999	44.72%	+49.3%
Sep 1999	29.95%	-10.4%
Jun 1999	33.41%	+9.2%
Mar 1999	30.59%	-4.9%
Dec 1998	32.15%	+16.6%
Sep 1998	27.57%	-9.3%
Jun 1998	30.40%	+49.2%
Mar 1998	20.38%	-

FAQ

What is the current quarterly operating margin of JPM?: As of today, JPM quarterly operating margin is 26.51%
What is JPM quarterly operating margin most recent change?: JPM quarterly operating margin was down -20.79% on September 30, 2026
What is 1-year change in JPM quarterly operating margin?: JPM quarterly operating margin is up +1.11% year-over-year
How far is JPM quarterly operating margin from its all-time high?: JPM quarterly operating margin is currently -48.05% below its historical high of 51.03% set on March 31, 2021
How does JPM quarterly operating margin rank versus sector peers?: JPM quarterly operating margin is higher than 56.89% of companies in Financial Services sector
When is JPM next earnings release?: The next earnings release for JPM is on January 14, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

JPM Official Website www.jpmorganchase.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/19617/000162828026001902/0001628280-26-001902-index.htm
JPM Profile on Yahoo Finance finance.yahoo.com/quote/JPM
JPM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/jpm