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JPMorgan ChaseCHIX:CMCD 78 Debt-to-Equity is 1.96 as of Mar. 2026, which is 50% above its 10-year median of 1.31. GuruFocus rates CHIX:CMCD with a GF Score™ of 78/100 and a GF Value™ of €216.07. The stock has 10 warning signs investors should review. Among 1,417 Banks companies, JPMorgan Chase ranks worse than 85.18% on this metric.
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:
CHIX:CMCd'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.11 Med: 1.31 Max: 1.96
Current: 1.98
During the past 13 years, the highest Debt-to-Equity Ratio of JPMorgan Chase was 1.96. The lowest was 1.11. And the median was 1.31.
CHIX:CMCd's Debt-to-Equity is ranked worse than 85.18% of 1417
companies
in the Banks industry
Industry Median: 0.57
vs CHIX:CMCd: 1.98
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
JPMorgan Chase Debt-to-Equity Historical Data
* Premium members only.
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.
CHIX:CMCD vs BAC, WFC, C: Debt-to-Equity 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 vs Banks Industry
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.
* 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 (CHIX:CMCD) has a Debt-to-Equity of 1.96 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on JPMorgan Chase and its competitors. This is 50% above median its historical median of 1.31. Over the past decade, JPMorgan Chase's Debt-to-Equity has ranged from 1.11 to 1.96. According to the industry distribution chart, JPMorgan Chase ranks #1207 out of 1417 companies in the Banks industry, placing it in the top 85.2%.
Is JPMorgan Chase's Debt-to-Equity too high?
JPMorgan Chase's current Debt-to-Equity of 1.96 is 50% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.96. The Banks industry median Debt-to-Equity is 0.57. JPMorgan Chase's value of 1.96 is 243.9% above this industry median. Based on the distribution chart, JPMorgan Chase ranks #1207 out of 1417 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, JPMorgan Chase has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Chase's Debt-to-Equity compare to BAC and WFC?
According to the Banks industry distribution chart, JPMorgan Chase ranks #1207 out of 1417 companies for Debt-to-Equity. This places JPMorgan Chase in the lower half of its industry. The industry median Debt-to-Equity is 0.57. JPMorgan Chase's value of 1.96 is 243.9% above this benchmark. Historically, JPMorgan Chase's own Debt-to-Equity has ranged from 1.11 to 1.96 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 0.57, JPMorgan Chase has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.57, based on 1,417 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan Chase's current Debt-to-Equity of 1.96 is 243.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on JPMorgan Chase and its competitors. For the Banks industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan Chase's current Debt-to-Equity is 1.96, which is 50% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JPMorgan Chase stock overvalued right now?
JPMorgan Chase (CHIX:CMCD) has a current Debt-to-Equity of 1.96. The stock's GF Value™ is €216.07, compared to a current price of €261.00 — trading 20.8% above its estimated fair value. The current Debt-to-Equity is 1.96, which is 50% above median its 10-year median of 1.31 and 243.9% above the Banks industry median of 0.57. JPMorgan Chase's overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For JPMorgan Chase (CHIX:CMCD), the current Debt-to-Equity is 1.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is JPMorgan Chase (CHIX:CMCD) Overvalued in 2026?
Based on GuruFocus' analysis, JPMorgan Chase stock appears to be overvalued.
The current stock price of €261.00 is trading 20.8% above its estimated GF Value™ of €216.07.
Key valuation signals for CHIX:CMCD:
Debt-to-Equity: 1.96 (50% above median its 10-year median of 1.31)
GF Value™: €216.07 vs. price of €261.00 (20.8% above fair value)
Industry Position: 243.9% above the Banks median (#1207 of 1417)
No single metric tells the full story. See the CHIX:CMCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JPMorgan is a leading global financial services firm with operations in 66 countries and over 318,000 employees as of year-end 2025. Under the JPMorgan brands, the bank holding company boasts a $4.9 trillion balance sheet and $2.68 trillion in deposits, as of March 2026. The firm generates its revenue across three core operating segments: consumer and community banking, the commercial and investment bank, and asset and wealth management. It maintains the top global ranking in investment banking fees with an 8.4% market share, serves millions of consumers through its network of over 5,000 US branches, and manages over $7.1 trillion in client assets within its wealth and asset management franchise.
78GF Score
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