JPMorgan Operating Income vs Net Income Analysis

JPM Stock  USD 181.25  1.17  0.65%   
JPMorgan Chase financial indicator trend analysis is infinitely more than just investigating JPMorgan Chase recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JPMorgan Chase is a good investment. Please check the relationship between JPMorgan Chase Operating Income and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JPMorgan Chase Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JPMorgan Chase's Operating Income and Net Income is 0.93. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of JPMorgan Chase Co, assuming nothing else is changed. The correlation between historical values of JPMorgan Chase's Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of JPMorgan Chase Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., JPMorgan Chase's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from JPMorgan Chase operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of JPMorgan Chase Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in JPMorgan Chase financial statement analysis. It represents the amount of money remaining after all of JPMorgan Chase Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from JPMorgan Chase's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JPMorgan Chase current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, JPMorgan Chase's Selling General Administrative is very stable compared to the past year. As of the 19th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.36, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Operating Income60.0B46.4B61.6B64.7B
Other Operating Expenses71.3B76.1B87.2B91.5B

JPMorgan Chase fundamental ratios Correlations

0.40.860.160.510.180.310.110.190.11-0.510.290.60.710.380.590.390.170.130.48-0.740.90.870.47-0.550.5
0.40.630.380.960.94-0.550.930.870.4-0.30.60.490.60.09-0.461.00.940.490.34-0.720.730.77-0.52-0.150.28
0.860.630.50.690.45-0.020.410.480.47-0.680.20.770.870.280.190.630.450.480.58-0.90.940.910.11-0.270.38
0.160.380.50.280.42-0.260.30.410.98-0.76-0.50.730.66-0.19-0.250.390.420.970.54-0.70.30.26-0.350.51-0.01
0.510.960.690.280.87-0.450.90.830.31-0.260.650.470.560.13-0.340.950.870.380.28-0.710.810.84-0.39-0.320.18
0.180.940.450.420.87-0.580.940.80.45-0.250.490.370.47-0.05-0.650.941.00.520.21-0.610.560.61-0.75-0.010.17
0.31-0.55-0.02-0.26-0.45-0.58-0.65-0.85-0.3-0.06-0.23-0.22-0.030.210.7-0.56-0.59-0.420.120.160.0-0.050.67-0.270.18
0.110.930.410.30.90.94-0.650.840.34-0.10.590.260.35-0.01-0.710.930.940.40.14-0.50.510.57-0.71-0.050.02
0.190.870.480.410.830.8-0.850.840.43-0.220.430.520.44-0.04-0.510.880.80.550.2-0.590.510.55-0.530.010.06
0.110.40.470.980.310.45-0.30.340.43-0.77-0.490.740.64-0.22-0.330.410.460.970.46-0.680.280.24-0.420.53-0.08
-0.51-0.3-0.68-0.76-0.26-0.25-0.06-0.1-0.22-0.770.36-0.91-0.86-0.27-0.13-0.31-0.25-0.69-0.430.81-0.51-0.430.03-0.37-0.12
0.290.60.2-0.50.650.49-0.230.590.43-0.490.36-0.180.030.33-0.150.590.49-0.4-0.1-0.10.460.53-0.13-0.590.31
0.60.490.770.730.470.37-0.220.260.520.74-0.91-0.180.840.160.110.490.380.740.43-0.880.640.58-0.050.170.13
0.710.60.870.660.560.47-0.030.350.440.64-0.860.030.840.390.110.60.470.620.59-0.940.790.74-0.020.110.36
0.380.090.28-0.190.13-0.050.21-0.01-0.04-0.22-0.270.330.160.390.30.09-0.05-0.32-0.18-0.270.30.270.250.060.09
0.59-0.460.19-0.25-0.34-0.650.7-0.71-0.51-0.33-0.13-0.150.110.110.3-0.47-0.65-0.340.14-0.040.190.130.94-0.430.33
0.391.00.630.390.950.94-0.560.930.880.41-0.310.590.490.60.09-0.470.940.50.34-0.720.720.76-0.53-0.130.29
0.170.940.450.420.871.0-0.590.940.80.46-0.250.490.380.47-0.05-0.650.940.530.21-0.610.560.6-0.75-0.010.17
0.130.490.480.970.380.52-0.420.40.550.97-0.69-0.40.740.62-0.32-0.340.50.530.52-0.690.320.29-0.430.440.02
0.480.340.580.540.280.210.120.140.20.46-0.43-0.10.430.59-0.180.140.340.210.52-0.540.50.490.17-0.10.45
-0.74-0.72-0.9-0.7-0.71-0.610.16-0.5-0.59-0.680.81-0.1-0.88-0.94-0.27-0.04-0.72-0.61-0.69-0.54-0.85-0.820.120.0-0.33
0.90.730.940.30.810.560.00.510.510.28-0.510.460.640.790.30.190.720.560.320.5-0.850.990.08-0.480.46
0.870.770.910.260.840.61-0.050.570.550.24-0.430.530.580.740.270.130.760.60.290.49-0.820.990.03-0.510.48
0.47-0.520.11-0.35-0.39-0.750.67-0.71-0.53-0.420.03-0.13-0.05-0.020.250.94-0.53-0.75-0.430.170.120.080.03-0.420.22
-0.55-0.15-0.270.51-0.32-0.01-0.27-0.050.010.53-0.37-0.590.170.110.06-0.43-0.13-0.010.44-0.10.0-0.48-0.51-0.42-0.35
0.50.280.38-0.010.180.170.180.020.06-0.08-0.120.310.130.360.090.330.290.170.020.45-0.330.460.480.22-0.35
Click cells to compare fundamentals

JPMorgan Chase Account Relationship Matchups

JPMorgan Chase fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding3.2B3.1B3.0B3.0B2.9B2.5B
Total Assets2.7T3.4T3.7T3.7T3.9T4.1T
Short Long Term Debt Total408.0B426.5B469.2B466.7B436.5B257.2B
Total Current Liabilities251.3B277.8B316.3B344.2B44.7B42.5B
Total Stockholder Equity261.3B279.4B294.1B292.3B327.9B344.3B
Property Plant And Equipment Net25.8B27.1B27.1B27.7B30.2B31.7B
Net Debt144.4B(101.2B)(271.7B)(100.5B)(187.6B)(178.2B)
Retained Earnings223.2B237.0B272.3B296.5B332.9B349.5B
Cash263.6B527.6B740.8B567.2B624.2B655.4B
Non Current Assets Total838.7B1.1T1.1T1.1T94.5B89.8B
Non Currrent Assets Other(838.7B)(1.1T)(1.1T)(1.1T)(94.5B)(99.3B)
Other Assets1.1T1.2T1.4T1.6T3.5T3.6T
Cash And Short Term Investments625.0B915.8B1.0T773.1B305.2B328.4B
Net Receivables122.6B170.1B159.7B196.1B107.4B80.3B
Liabilities And Stockholders Equity2.7T3.4T3.7T3.7T3.9T4.1T
Non Current Liabilities Total367.1B381.2B415.6B3.3T414.8B682.7B
Other Stockholder Equity5.5B210M(17B)(18.3B)(26.1B)(24.8B)
Total Liab2.4T3.1T3.4T3.4T3.5T3.7T
Property Plant And Equipment Gross14.9B25.8B27.1B27.7B30.2B31.7B
Total Current Assets747.6B1.1T1.2T969.2B305.2B314.6B
Short Term Debt40.9B45.2B53.6B44.0B44.7B33.9B
Other Current Liab(251.3B)(277.8B)(316.3B)(344.2B)(162.0B)(153.9B)
Accumulated Other Comprehensive Income1.6B8.0B(84M)(17.3B)(10.4B)(9.9B)
Accounts Payable210.4B232.6B262.8B300.1B162.0B190.2B
Long Term Debt137.1B187.8B301.0B190.6B391.8B232.0B
Good Will47.8B49.2B50.3B51.7B52.6B47.9B
Short Term Investments361.3B388.2B308.5B205.9B192.5B262.0B
Other Current Assets1.1T1.6T1.7T1.6T1.7T1.1T
Preferred Stock Total Equity27.0B30.1B34.8B27.4B31.5B17.0B
Treasury Stock(60.5B)(83.0B)(88.2B)(105.4B)(94.9B)(90.1B)
Intangible Assets5.5B4.2B6.4B9.2B11.7B12.1B
Property Plant Equipment25.8B27.1B27.1B27.7B31.9B33.5B
Inventory(1.1T)(1.6T)(1.7T)(1.6T)(1.9T)(1.8T)
Net Tangible Assets234.3B249.3B208.1B264.9B304.7B203.4B
Retained Earnings Total Equity223.2B237.0B272.3B296.5B340.9B179.9B
Long Term Debt Total137.1B187.8B301.0B190.6B171.5B217.0B
Capital Surpluse88.5B88.4B88.4B89.0B80.1B73.8B

JPMorgan Chase Investors Sentiment

The influence of JPMorgan Chase's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in JPMorgan. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to JPMorgan Chase's public news can be used to forecast risks associated with an investment in JPMorgan. The trend in average sentiment can be used to explain how an investor holding JPMorgan can time the market purely based on public headlines and social activities around JPMorgan Chase Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
JPMorgan Chase's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for JPMorgan Chase's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average JPMorgan Chase's news discussions. The higher the estimated score, the more favorable is the investor's outlook on JPMorgan Chase.

JPMorgan Chase Implied Volatility

    
  44.32  
JPMorgan Chase's implied volatility exposes the market's sentiment of JPMorgan Chase Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if JPMorgan Chase's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that JPMorgan Chase stock will not fluctuate a lot when JPMorgan Chase's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards JPMorgan Chase in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, JPMorgan Chase's short interest history, or implied volatility extrapolated from JPMorgan Chase options trading.

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When determining whether JPMorgan Chase is a strong investment it is important to analyze JPMorgan Chase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan Chase's future performance. For an informed investment choice regarding JPMorgan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is JPMorgan Chase's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JPMorgan Chase. If investors know JPMorgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JPMorgan Chase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.083
Dividend Share
4.25
Earnings Share
16.57
Revenue Per Share
51.302
Quarterly Revenue Growth
0.11
The market value of JPMorgan Chase is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Chase's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Chase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Chase's market value can be influenced by many factors that don't directly affect JPMorgan Chase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.