JPMorgan Chase & Co (JPM) — Tangible Net Worth Ratio
JPMorgan Chase & Co (JPM) has a Tangible Net Worth Ratio of 96.9% as of June 2026. This metric is calculated by deducting intangible assets ($11.59 Billion) from net assets ($374.60 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore JPMorgan Chase & Co (JPM) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
JPMorgan Chase & Co Tangible Net Worth Ratio (1989–2025)
This chart shows how JPMorgan Chase & Co's Tangible Net Worth Ratio has changed across 37 annual periods from 1989 to 2025. As of June 2026, the ratio stands at 96.9%, reflecting net assets of $374.60 Billion with intangible assets of $11.59 Billion USD. Check JPM PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for JPMorgan Chase & Co (1989–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for JPMorgan Chase & Co from 1989 to 2025, covering 37 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see JPMorgan Chase & Co (JPM) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.8% | $362.44 Billion | $11.73 Billion | $4.42 Trillion | ▲ +0.2 pp |
| 2024 | 96.5% | $344.76 Billion | $11.99 Billion | $4.00 Trillion | ▲ +0.1 pp |
| 2023 | 96.4% | $327.88 Billion | $11.75 Billion | $3.88 Trillion | ▼ -0.4 pp |
| 2022 | 96.9% | $292.33 Billion | $9.20 Billion | $3.67 Trillion | ▼ -1.0 pp |
| 2021 | 97.8% | $294.13 Billion | $6.38 Billion | $3.74 Trillion | ▼ -0.7 pp |
| 2020 | 98.5% | $279.35 Billion | $4.18 Billion | $3.38 Trillion | ▲ +0.6 pp |
| 2019 | 97.9% | $261.33 Billion | $5.52 Billion | $2.69 Trillion | ▲ +0.6 pp |
| 2018 | 97.3% | $256.51 Billion | $6.88 Billion | $2.62 Trillion | ▲ +0.0 pp |
| 2017 | 97.3% | $255.69 Billion | $6.88 Billion | $2.53 Trillion | ▲ +0.0 pp |
| 2016 | 97.3% | $254.19 Billion | $6.96 Billion | $2.49 Trillion | ▲ +0.3 pp |
| 2015 | 96.9% | $247.57 Billion | $7.62 Billion | $2.35 Trillion | ▲ +0.6 pp |
| 2014 | 96.3% | $231.73 Billion | $8.63 Billion | $2.57 Trillion | ▲ +1.6 pp |
| 2013 | 94.7% | $211.18 Billion | $11.23 Billion | $2.42 Trillion | ▼ -0.5 pp |
| 2012 | 95.2% | $204.07 Billion | $9.85 Billion | $2.36 Trillion | ▲ +0.9 pp |
| 2011 | 94.3% | $183.57 Billion | $10.43 Billion | $2.27 Trillion | ▲ +4.4 pp |
| 2010 | 90.0% | $176.11 Billion | $17.69 Billion | $2.12 Trillion | ▲ +2.1 pp |
| 2009 | 87.8% | $165.37 Billion | $20.15 Billion | $2.03 Trillion | ▼ -3.2 pp |
| 2008 | 91.0% | $166.88 Billion | $14.98 Billion | $2.18 Trillion | ▲ +3.0 pp |
| 2007 | 88.0% | $123.22 Billion | $14.73 Billion | $1.56 Trillion | ▲ +0.9 pp |
| 2006 | 87.2% | $115.79 Billion | $14.85 Billion | $1.35 Trillion | ▲ +0.8 pp |
| 2005 | 86.4% | $107.21 Billion | $14.56 Billion | $1.20 Trillion | ▼ -4.0 pp |
| 2004 | 90.4% | $153.71 Billion | $14.68 Billion | $1.16 Trillion | ▲ +1.5 pp |
| 2003 | 88.9% | $58.45 Billion | $6.48 Billion | $770.91 Billion | ▼ -10.4 pp |
| 2002 | 99.3% | $42.31 Billion | $307.00 Million | $758.80 Billion | ▲ +34.8 pp |
| 2001 | 64.5% | $41.65 Billion | $14.80 Billion | $693.58 Billion | ▲ +8.5 pp |
| 2000 | 56.0% | $46.83 Billion | $20.62 Billion | $715.35 Billion | ▼ -44.0 pp |
| 1999 | 100.0% | $24.17 Billion | $0.00 | $406.11 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $24.39 Billion | $0.00 | $365.88 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $22.29 Billion | $0.00 | $365.52 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | $21.54 Billion | $0.00 | $336.10 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | $11.91 Billion | $0.00 | $182.93 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | $10.71 Billion | $0.00 | $171.42 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | $11.16 Billion | $0.00 | $149.89 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | $9.85 Billion | $0.00 | $139.66 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | $7.28 Billion | $0.00 | $138.93 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | $3.91 Billion | $0.00 | $73.02 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | $3.71 Billion | $0.00 | $71.51 Billion | — |