JPMorgan Chase & Co (JPM) — Cash Flow Quality Index
JPMorgan Chase & Co (JPM) has a Cash Flow Quality Index of 28.88x as of December 2025. Operating cash flow of $368.37 Billion exceeds net income of $12.76 Billion, indicating high earnings quality where cash backs reported profits. Explore JPMorgan Chase & Co strategic investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
JPMorgan Chase & Co Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for JPMorgan Chase & Co across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check JPMorgan Chase & Co tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for JPMorgan Chase & Co (1990–2025)
Year-by-year earnings quality comparison for JPMorgan Chase & Co. For live market cap and the full company financial profile, see JPM market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.78x | $100.87 Billion | $56.78 Billion | ▲ +347.2% |
| 2024 | -0.72x | $-42.01 Billion | $58.47 Billion | ▼ -374.4% |
| 2023 | 0.26x | $12.97 Billion | $49.55 Billion | ▼ -90.8% |
| 2022 | 2.84x | $107.12 Billion | $37.68 Billion | ▲ +76.0% |
| 2021 | 1.62x | $78.08 Billion | $48.33 Billion | ▲ +158.9% |
| 2020 | -2.74x | $-79.91 Billion | $29.13 Billion | ▼ -2542.2% |
| 2019 | 0.11x | $4.09 Billion | $36.43 Billion | ▼ -76.6% |
| 2018 | 0.48x | $15.61 Billion | $32.47 Billion | ▲ +208.5% |
| 2017 | -0.44x | $-10.83 Billion | $24.44 Billion | ▼ -150.1% |
| 2016 | 0.88x | $21.88 Billion | $24.73 Billion | ▼ -70.6% |
| 2015 | 3.01x | $73.47 Billion | $24.44 Billion | ▲ +78.6% |
| 2014 | 1.68x | $36.59 Billion | $21.75 Billion | ▼ -72.1% |
| 2013 | 6.04x | $107.95 Billion | $17.89 Billion | ▲ +412.2% |
| 2012 | 1.18x | $25.08 Billion | $21.28 Billion | ▼ -76.7% |
| 2011 | 5.06x | $95.93 Billion | $18.98 Billion | ▲ +2440.4% |
| 2010 | -0.22x | $-3.75 Billion | $17.37 Billion | ▼ -102.1% |
| 2009 | 10.39x | $121.90 Billion | $11.73 Billion | ▲ +152.2% |
| 2008 | 4.12x | $23.10 Billion | $5.61 Billion | ▲ +157.3% |
| 2007 | -7.20x | $-110.56 Billion | $15.37 Billion | ▼ -109.6% |
| 2006 | -3.43x | $-49.58 Billion | $14.44 Billion | ▲ +3.7% |
| 2005 | -3.56x | $-30.24 Billion | $8.48 Billion | ▼ -5.1% |
| 2004 | -3.39x | $-15.15 Billion | $4.47 Billion | ▼ -256.1% |
| 2003 | 2.17x | $14.60 Billion | $6.72 Billion | ▲ +114.4% |
| 2002 | -15.11x | $-25.13 Billion | $1.66 Billion | ▼ -724.0% |
| 2001 | -1.83x | $-3.11 Billion | $1.69 Billion | ▲ +23.2% |
| 2000 | -2.39x | $-13.68 Billion | $5.73 Billion | ▼ -35924.6% |
| 1999 | 0.01x | $50.00 Million | $7.50 Billion | ▼ -99.3% |
| 1998 | 0.95x | $3.59 Billion | $3.78 Billion | ▼ -35.5% |
| 1997 | 1.47x | $5.46 Billion | $3.71 Billion | ▲ +468.7% |
| 1996 | -0.40x | $-983.00 Million | $2.46 Billion | ▼ -233.2% |
| 1995 | -0.12x | $-356.00 Million | $2.97 Billion | ▼ -106.6% |
| 1994 | 1.82x | $2.35 Billion | $1.29 Billion | ▲ +133.6% |
| 1993 | -5.41x | $-8.49 Billion | $1.57 Billion | ▼ -202.0% |
| 1992 | 5.30x | $5.76 Billion | $1.09 Billion | ▲ +495.9% |
| 1991 | 0.89x | $137.00 Million | $154.00 Million | ▼ -57.5% |
| 1990 | 2.09x | $609.00 Million | $291.20 Million | — |