JPMorgan Chase (MEX:JPM) ROE %: 18.18% (As of Mar. 2026) — 35% Above Median


MEX:JPM JPMorgan Chase & Co MEX:JPM
71 GF Score
Price MXN5,884.64
GF Value MXN4,910.48
Valuation Modestly Overvalued
! 9 Warning Signs
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What is JPMorgan Chase ROE %?

JPMorgan Chase MEX:JPM +0.25% 71 ROE % is 18.18% as of Mar. 2026, which is 35% above its 10-year median of 13.46. GuruFocus rates MEX:JPM with a GF Score™ of 71/100 and a GF Value™ of MXN4,910.48 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,523 Banks companies, JPMorgan Chase ranks better than 85.16% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JPMorgan Chase's annualized net income for the quarter that ended in Mar. 2026 was MXN1,189,725 Mil. JPMorgan Chase's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN6,545,269 Mil. Therefore, JPMorgan Chase's annualized ROE % for the quarter that ended in Mar. 2026 was 18.18%.

The historical rank and industry rank for JPMorgan Chase's ROE % or its related term are showing as below:

MEX:JPM' s ROE % Range Over the Past 10 Years
Min: 9.59   Med: 13.46   Max: 17.39
Current: 16.41

During the past 13 years, JPMorgan Chase's highest ROE % was 17.39%. The lowest was 9.59%. And the median was 13.46%.

MEX:JPM's ROE % is ranked better than
85.16% of 1523 companies
in the Banks industry
Industry Median: 10.22 vs MEX:JPM: 16.41

JPMorgan Chase  (MEX:JPM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1189725.416/6545268.974
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1189725.416 / 3594494.16)*(3594494.16 / 84021108.791)*(84021108.791 / 6545268.974)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.1 %*0.0428*12.8369
=ROA %*Equity Multiplier
=1.42 %*12.8369
=18.18 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1189725.416/6545268.974
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1189725.416 / 1477166.656) * (1477166.656 / 3594494.16) * (3594494.16 / 84021108.791) * (84021108.791 / 6545268.974)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.8054 * 41.1 % * 0.0428 * 12.8369
=18.18 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


JPMorgan Chase ROE % Related Terms


JPMorgan Chase ROE % Historical Data

* Premium members only.

The historical data trend for JPMorgan Chase's ROE % 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.

JPMorgan Chase ROE % Chart

JPMorgan Chase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.11 12.52 14.93 19.12 14.98

JPMorgan Chase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial 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 16.67 16.23 15.85 14.29 18.18

MEX:JPM vs BAC, WFC, C: ROE % Comparison

For the Banks - Diversified subindustry, JPMorgan Chase's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Banks Industry

For the Banks industry and Financial Services sector, JPMorgan Chase's ROE % distribution charts can be found below:

* The bar in red indicates where JPMorgan Chase's ROE % falls into.


MEX:JPM
71GF Score
JPMorgan Chase & Co MEX:JPM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan Chase ROE % Calculation

JPMorgan Chase's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1027189.174/( (7190169.416+6525949.9)/ 2 )
=1027189.174/6858059.658
=14.98 %

JPMorgan Chase's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1189725.416/( (6525949.9+6564588.048)/ 2 )
=1189725.416/6545268.974
=18.18 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 18.18% mean?
JPMorgan Chase (MEX:JPM) has a ROE % of 18.18% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JPMorgan Chase and its competitors. This is 35% above median its historical median of 13.46. Over the past decade, JPMorgan Chase's ROE % has ranged from 9.59 to 17.39. According to the industry distribution chart, JPMorgan Chase ranks #226 out of 1523 companies in the Banks industry, placing it in the top 14.8%.
Is JPMorgan Chase's ROE % too high?
JPMorgan Chase's current ROE % of 18.18% is 35% above median its 10-year median of 13.46. Over the past 10 years, this metric has ranged from a low of 9.59 to a high of 17.39. The Banks industry median ROE % is 10.22. JPMorgan Chase's value of 18.18% is 77.9% above this industry median. Based on the distribution chart, JPMorgan Chase ranks #226 out of 1523 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, JPMorgan Chase has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Chase's ROE % compare to BAC and WFC?
According to the Banks industry distribution chart, JPMorgan Chase ranks #226 out of 1523 companies for ROE %. This places JPMorgan Chase in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 10.22. JPMorgan Chase's value of 18.18% is 77.9% above this benchmark. Historically, JPMorgan Chase's own ROE % has ranged from 9.59 to 17.39 over the past decade. While the company's 10-year median is 13.46 vs. the industry median of 10.22, 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 ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JPMorgan Chase's current ROE % of 18.18% is 77.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on JPMorgan Chase and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JPMorgan Chase's current ROE % is 18.18%, which is 35% above median its own 10-year median of 13.46. 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?
Based on GuruFocus' analysis, JPMorgan Chase (MEX:JPM) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,910.48, compared to a current price of MXN5,884.64 — trading 19.8% above its estimated fair value. The current ROE % is 18.18%, which is 35% above median its 10-year median of 13.46 and 77.9% above the Banks industry median of 10.22. JPMorgan Chase's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For JPMorgan Chase (MEX:JPM), the current ROE % is 18.18% 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 (MEX:JPM) Overvalued in 2026?

Based on GuruFocus' analysis, JPMorgan Chase stock appears to be overvalued. The current stock price of MXN5,884.64 is trading 19.8% above its estimated GF Value™ of MXN4,910.48. GuruFocus considers JPMorgan Chase to be Modestly Overvalued.

Key valuation signals for MEX:JPM:

  • ROE %: 18.18% (35% above median its 10-year median of 13.46)
  • GF Value™: MXN4,910.48 vs. price of MXN5,884.64 (19.8% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 77.9% above the Banks median (#226 of 1523)

No single metric tells the full story. See the MEX:JPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JPMorgan Chase Business Description

Address 270 Park Avenue, New York, NY, USA, 10017
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.
71GF Score

Get the complete analysis for MEX:JPM

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,884.64
Price
MXN4,910.48
GF Value