JPMorgan Chase & Co (JPM) — Working Capital to Net Assets Ratio
JPMorgan Chase & Co (JPM) has a Working Capital to Net Assets ratio of 247.6% as of December 2025. Working capital of $897.36 Billion (current assets of $962.13 Billion minus current liabilities of $64.78 Billion) is measured against net assets of $362.44 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of JPMorgan Chase & Co to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
JPMorgan Chase & Co Working Capital to Net Assets (1989–2025)
This chart shows how JPMorgan Chase & Co's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 247.6%, reflecting working capital of $897.36 Billion against net assets of $362.44 Billion USD. See how many days can JPMorgan Chase & Co fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for JPMorgan Chase & Co (1989–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for JPMorgan Chase & Co from 1989 to 2025, covering 37 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see JPMorgan Chase & Co market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 247.6% | $897.36 Billion | $362.44 Billion | $962.13 Billion | $64.78 Billion | ▲ +563.8 pp |
| 2024 | -316.2% | $-1.09 Trillion | $344.76 Billion | $1.98 Trillion | $3.07 Trillion | ▲ +305.8 pp |
| 2023 | -622.0% | $-2.04 Trillion | $327.88 Billion | $924.00 Billion | $2.96 Trillion | ▲ +118.4 pp |
| 2022 | -740.4% | $-2.16 Trillion | $292.33 Billion | $889.12 Billion | $3.05 Trillion | ▼ -62.4 pp |
| 2021 | -678.0% | $-1.99 Trillion | $294.13 Billion | $1.13 Trillion | $3.13 Trillion | ▼ -24.9 pp |
| 2020 | -653.1% | $-1.82 Trillion | $279.35 Billion | $974.06 Billion | $2.80 Trillion | ▼ -104.6 pp |
| 2019 | -548.5% | $-1.43 Trillion | $261.33 Billion | $676.87 Billion | $2.11 Trillion | ▲ +26.7 pp |
| 2018 | -575.2% | $-1.48 Trillion | $256.51 Billion | $582.39 Billion | $2.06 Trillion | ▼ -81.8 pp |
| 2017 | -493.4% | $-1.26 Trillion | $255.69 Billion | $701.26 Billion | $1.96 Trillion | ▼ -14.3 pp |
| 2016 | -479.1% | $-1.22 Trillion | $254.19 Billion | $680.86 Billion | $1.90 Trillion | ▼ -61.6 pp |
| 2015 | -417.5% | $-1.03 Trillion | $247.57 Billion | $648.86 Billion | $1.68 Trillion | ▲ +26.1 pp |
| 2014 | -443.6% | $-1.03 Trillion | $231.73 Billion | $881.14 Billion | $1.91 Trillion | ▼ -710.9 pp |
| 2013 | 267.3% | $564.38 Billion | $211.18 Billion | $816.72 Billion | $252.34 Billion | ▲ +238.2 pp |
| 2012 | 29.1% | $59.29 Billion | $204.07 Billion | $114.66 Billion | $55.37 Billion | ▼ -8.8 pp |
| 2011 | 37.8% | $69.45 Billion | $183.57 Billion | $121.08 Billion | $51.63 Billion | ▼ -138.5 pp |
| 2010 | 176.3% | $310.49 Billion | $176.11 Billion | $516.19 Billion | $205.69 Billion | ▲ +788.4 pp |
| 2009 | -612.0% | $-1.01 Trillion | $165.37 Billion | $517.23 Billion | $1.53 Trillion | ▲ +91.3 pp |
| 2008 | -703.4% | $-1.17 Trillion | $166.88 Billion | $431.93 Billion | $1.61 Trillion | ▲ +104.3 pp |
| 2007 | -807.6% | $-995.15 Billion | $123.22 Billion | $161.84 Billion | $1.16 Trillion | ▼ -117.6 pp |
| 2006 | -690.0% | $-799.00 Billion | $115.79 Billion | $168.77 Billion | $967.77 Billion | ▼ -36.8 pp |
| 2005 | -653.2% | $-700.31 Billion | $107.21 Billion | $140.40 Billion | $840.71 Billion | ▼ -239.0 pp |
| 2004 | -414.2% | $-636.63 Billion | $153.71 Billion | $109.98 Billion | $746.61 Billion | ▲ +382.1 pp |
| 2003 | -796.3% | $-465.43 Billion | $58.45 Billion | $42.80 Billion | $508.23 Billion | ▲ +375.9 pp |
| 2002 | -1172.2% | $-495.92 Billion | $42.31 Billion | $42.30 Billion | $538.21 Billion | ▼ -93.9 pp |
| 2001 | -1078.3% | $-449.11 Billion | $41.65 Billion | $50.14 Billion | $499.25 Billion | ▼ -131.0 pp |
| 2000 | -947.4% | $-443.62 Billion | $46.83 Billion | $52.92 Billion | $496.55 Billion | ▲ +193.8 pp |
| 1999 | -1141.2% | $-275.79 Billion | $24.17 Billion | $46.81 Billion | $322.60 Billion | ▼ -88.3 pp |
| 1998 | -1052.9% | $-256.79 Billion | $24.39 Billion | $26.60 Billion | $283.39 Billion | ▲ +77.5 pp |
| 1997 | -1130.4% | $-252.00 Billion | $22.29 Billion | $21.95 Billion | $273.94 Billion | ▼ -40.3 pp |
| 1996 | -1090.1% | $-234.86 Billion | $21.54 Billion | $25.97 Billion | $260.83 Billion | ▼ -39.5 pp |
| 1995 | -1050.6% | $-125.15 Billion | $11.91 Billion | $13.07 Billion | $138.22 Billion | ▲ +52.2 pp |
| 1994 | -1102.8% | $-118.14 Billion | $10.71 Billion | $15.67 Billion | $133.81 Billion | ▼ -102.7 pp |
| 1993 | -1000.2% | $-111.66 Billion | $11.16 Billion | $13.99 Billion | $125.65 Billion | ▲ +90.2 pp |
| 1992 | -1090.4% | $-107.42 Billion | $9.85 Billion | $11.78 Billion | $119.19 Billion | ▲ +426.9 pp |
| 1991 | -1517.4% | $-110.48 Billion | $7.28 Billion | $11.80 Billion | $122.28 Billion | ▼ -89.9 pp |
| 1990 | -1427.4% | $-55.77 Billion | $3.91 Billion | $7.26 Billion | $63.03 Billion | ▲ +41.8 pp |
| 1989 | -1469.2% | $-54.43 Billion | $3.71 Billion | $7.98 Billion | $62.41 Billion | — |