A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for JPMorgan Chase's Debt-to-Equity or its related term are showing as below:
JPM'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.16 Med: 1.62 Max: 4.57
Current: 1.21
During the past 13 years, the highest Debt-to-Equity Ratio of JPMorgan Chase was 4.57. The lowest was 1.16. And the median was 1.62.
JPM's Debt-to-Equity is ranked worse than 69.88% of 1318
companies
in the Banks industry
Industry Median: 0.60
vs JPM: 1.21
JPMorgan Chase Debt-to-Equity Historical Data
The historical data trend for JPMorgan Chase's Debt-to-Equity 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
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Debt-to-Equity
1.31
1.37
1.27
1.17
1.21
JPMorgan Chase Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Debt-to-Equity
1.23
1.20
1.21
1.23
1.21
Competitive Comparison
For the Banks - Diversified subindustry, JPMorgan Chase's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution
For the Banks industry and Financial Services sector, JPMorgan Chase's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where JPMorgan Chase's Debt-to-Equity falls into.
JPMorgan Chase Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
JPMorgan Chase's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
JPMorgan Chase Debt-to-Equity Related Terms
Thank you for viewing the detailed overview of JPMorgan Chase's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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