JPMorgan Chase (CHIX:CMCD) Asset Turnover: 0.01 (As of Mar. 2026)


CHIX:CMCD JPMorgan Chase & Co CHIX:CMCD
77 GF Score
Price €261.00
GF Value €216.79
! 9 Warning Signs
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What is JPMorgan Chase Asset Turnover?

JPMorgan Chase CHIX:CMCD 77 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates CHIX:CMCD with a GF Score™ of 77/100 and a GF Value™ of €216.79. The stock has 9 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JPMorgan Chase's Revenue for the three months ended in Mar. 2026 was €43,106 Mil. JPMorgan Chase's Total Assets for the quarter that ended in Mar. 2026 was €4,008,888 Mil. Therefore, JPMorgan Chase's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. JPMorgan Chase's annualized ROE % for the quarter that ended in Mar. 2026 was 18.28%. It is also linked to ROA % through Du Pont Formula. JPMorgan Chase's annualized ROA % for the quarter that ended in Mar. 2026 was 1.42%.


JPMorgan Chase  (CHIX:CMCd) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=57069.24/312207.461
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(57069.24 / 172422.18)*(172422.18 / 4008887.7375)*(4008887.7375/ 312207.461)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.1 %*0.043*12.8405
=ROA %*Equity Multiplier
=1.42 %*12.8405
=18.28 %

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.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

JPMorgan Chase's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=57069.24/4008887.7375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(57069.24 / 172422.18)*(172422.18 / 4008887.7375)
=Net Margin %*Asset Turnover
=33.1 %*0.043
=1.42 %

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.

* 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


JPMorgan Chase Asset Turnover Related Terms


JPMorgan Chase Asset Turnover Historical Data

* Premium members only.

The historical data trend for JPMorgan Chase's Asset Turnover 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 Asset Turnover Chart

JPMorgan Chase Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

JPMorgan Chase Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.01 0.01 0.01 0.01 0.01

CHIX:CMCD vs BAC, WFC, C: Asset Turnover Comparison

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

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

* The bar in red indicates where JPMorgan Chase's Asset Turnover falls into.


CHIX:CMCD
77GF Score
JPMorgan Chase & Co CHIX:CMCD
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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JPMorgan Chase Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

JPMorgan Chase's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=155297.338/( (3822687.37+3778864.6)/ 2 )
=155297.338/3800775.985
=0.04

JPMorgan Chase's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=43105.545/( (3778864.6+4238910.875)/ 2 )
=43105.545/4008887.7375
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.01 mean?
JPMorgan Chase (CHIX:CMCD) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on JPMorgan Chase and its competitors.
Is JPMorgan Chase's Asset Turnover too high?
JPMorgan Chase's current Asset Turnover is 0.01. Overall, JPMorgan Chase has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does JPMorgan Chase's Asset Turnover compare to BAC and WFC?
JPMorgan Chase's Asset Turnover of 0.01 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Banks company?
A good Asset Turnover depends on the Banks industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on JPMorgan Chase and its competitors. JPMorgan Chase's current Asset Turnover is 0.01. 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 Asset Turnover of 0.01. The stock's GF Value™ is €216.79, compared to a current price of €261.00 — trading 20.4% above its estimated fair value. The current Asset Turnover is 0.01. JPMorgan Chase's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For JPMorgan Chase (CHIX:CMCD), the current Asset Turnover is 0.01 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 20.4% above its estimated GF Value™ of €216.79.

Key valuation signals for CHIX:CMCD:

  • Asset Turnover: 0.01
  • GF Value™: €216.79 vs. price of €261.00 (20.4% above fair value)
  • GF Score™: 77/100 with 9 warning signs

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 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.
77GF Score

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

€261.00
Price
€216.79
GF Value