GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JPMorgan Chase & Co (NYSE:JPM) » Definitions » Pre-Tax Income

JPMorgan Chase (JPMorgan Chase) Pre-Tax Income

: $62,938 Mil (TTM As of Dec. 2023)
View and export this data going back to 1969. Start your Free Trial

Pretax income is the income that a company earns before paying income taxes. JPMorgan Chase's pretax income for the three months ended in Dec. 2023 was $11,326 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $62,938 Mil. JPMorgan Chase's pretax margin was 29.34%.

During the past 13 years, JPMorgan Chase's highest Pretax Margin was 48.95%. The lowest was 29.87%. And the median was 35.83%.


JPMorgan Chase Pre-Tax Income Historical Data

The historical data trend for JPMorgan Chase's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JPMorgan Chase Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44,866.00 35,815.00 59,562.00 46,166.00 61,612.00

JPMorgan Chase Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,967.00 17,586.00 16,733.00 11,326.00 17,293.00

Competitive Comparison

For the Banks - Diversified subindustry, JPMorgan Chase's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JPMorgan Chase Pre-Tax Income Distribution

For the Banks industry and Financial Services sector, JPMorgan Chase's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where JPMorgan Chase's Pre-Tax Income falls into.



JPMorgan Chase Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

JPMorgan Chase's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+61612
=61,612

JPMorgan Chase's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+11326
=11,326

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $62,938 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


JPMorgan Chase  (NYSE:JPM) Pre-Tax Income Explanation

JPMorgan Chase's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=11326/38600
=29.34%

During the past 13 years, JPMorgan Chase's highest Pretax Margin was 48.95%. The lowest was 29.87%. And the median was 35.83%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


JPMorgan Chase Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of JPMorgan Chase's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


JPMorgan Chase (JPMorgan Chase) Business Description

Address
383 Madison Avenue, New York, NY, USA, 10179
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
Executives
Mary E. Erdoes officer: Managing Director JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Jennifer Piepszak officer: Chief Financial Officer JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179
Peter Scher officer: Executive Vice President JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Ashley Bacon officer: Chief Risk Officer JPMORGAN CHASE & CO., 383 MADISON AVENUE, NEW YORK NY 10179
Douglas B Petno officer: Managing Director JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Marianne Lake officer: Chief Financial Officer JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Stacey Friedman officer: General Counsel JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Lori A Beer officer: Chief Information Officer JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Daniel E Pinto officer: Managing Director JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Alicia S Boler-davis director 300 RENAISSANCE CENTER, M/C: 482-C23-D24, DETROIT MI 48265-3000
Mellody L Hobson director C/O TELLABS, 1415 W DIEHL RD, NAPERVILLE IL 60563
Robin Leopold officer: Head of Human Resources JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Alex Gorsky director JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Jeremy Barnum officer: Chief Financial Officer 383 MADISON AVENUE, NEW YORK NY 10179-0001
Elena A Korablina officer: Corporate Controller 383 MADISON AVENUE, NEW YORK NY 10179-0001