JPMorgan Chase (JPM) FY2022 results: revenue $128.7 billion, up 5.8% on the year
JPMorgan Chase & Co. (JPM) reported revenue of $128.7 billion for fiscal 2022, the year ended 31 December 2022, up 5.8% on the year before. Net income was $37.7 billion, down 22.1%, and diluted earnings per share $12.09. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2023.
Revenue
$128.7 billion
+5.8% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$37.7 billion
-22.1% on the year
FY2015FY2022
Diluted EPS
$12.09
-21.3% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
107,119
78,084
-79,910
+37.2%
Cash from investing
-137,819
-129,344
-261,912
Cash from financing
-126,257
275,993
596,645
Depreciation and amortisation
7,051
7,932
8,614
-11.1%
Share-based compensation
2,794
2,929
2,451
-4.6%
Buybacks
3,162
18,408
6,517
-82.8%
Dividends paid
13,562
12,858
12,690
+5.5%
Dividend per share
$4.00
$3.80
$3.60
+5.3%
Diluted shares, weighted
2,970m
3,027m
3,087m
-1.9%
Shares outstanding at period end
2,934m
2,944m
3,049m
-0.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
292,332
294,127
279,354
-0.6%
Deposits
2,340,179
2,462,303
2,144,257
-5.0%
Repurchase agreements
202,613
194,340
215,209
+4.3%
Trading liabilities
177,976
164,693
170,181
+8.1%
Debt
542,505
548,939
542,102
-1.2%
Other liabilities
110,138
79,165
34,968
+39.1%
Total liabilities and equity
3,665,743
3,743,567
3,386,071
-2.1%
Fixed assets
27,734
27,070
27,109
+2.5%
Goodwill
51,662
50,315
49,248
+2.7%
Intangible assets
707
n/a
n/a
Securities held for sale or to maturity
631,162
672,232
590,077
-6.1%
Loans
1,115,921
1,061,328
984,525
+5.1%
Resale agreements
315,592
261,698
296,284
+20.6%
Securities borrowed
185,369
206,071
160,635
-10.0%
Cash and equivalents
567,234
740,834
527,609
-23.4%
Other assets
770,362
724,019
750,584
+6.4%
Total assets
3,665,743
3,743,567
3,386,071
-2.1%
10-K for the year ended 31 December 2022, filed 21 February 2023: the filing.