JPM FY 2015 Earnings Report — JPMorgan Chase & Co. Revenue & Financial Results | Market Cap Arena

JPMorgan Chase & Co.JPM

FY 2015 Earnings

Reported February 23, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$101.0B	—	$103.0B	—	-1.9%
Op. Income	$30.7B	—	$30.7B	—	0.0%
Gross Margin	88.8%	—	89.3%	—	-0.5pp
Net Margin	24.2%	—	21.1%	—	3.1pp
EPS (Diluted)	$6.00	—	$5.29	—	13.4%
Free Cash Flow	$73.5B	—	$36.6B	—	100.8%

Revenue Flow

Item	Amount
REVENUE	$101.0B
Cost of Revenue	$11.3B
GROSS PROFIT	$89.7B
R&D Expenses	$0
Selling & Marketing	$2.7B
General & Administrative	$29.8B
SG&A Expenses	$32.5B
Other Expenses	$26.6B
Operating Expenses	$59.0B
Cost & Expenses	$70.3B
OPERATING INCOME	$30.7B
Interest Income	$51.0B
Interest Expense	$7.5B
Other Income/Expenses	$0
INCOME BEFORE TAX	$30.7B
Income Tax Expense	$6.3B
Net Income from Continuing Ops	$24.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$24.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$22.7B
D&A	$4.9B
EBIT	$30.7B
EBITDA	$35.6B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$101.0B
Cost of Revenue	$11.3B
GROSS PROFIT	$89.7B
R&D Expenses	$0
Selling & Marketing	$2.7B
General & Administrative	$29.8B
SG&A Expenses	$32.5B
Other Expenses	$26.6B
Operating Expenses	$59.0B
Cost & Expenses	$70.3B
OPERATING INCOME	$30.7B
Interest Income	$51.0B
Interest Expense	$7.5B
Other Income/Expenses	$0
INCOME BEFORE TAX	$30.7B
Income Tax Expense	$6.3B
Net Income from Continuing Ops	$24.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$24.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$22.7B
D&A	$4.9B
EBIT	$30.7B
EBITDA	$35.6B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$24.4B
Depreciation & Amortization	$4.9B
Stock-Based Compensation	$0
Deferred Income Tax	$1.3B
Other Non-Cash Items	$0
Change in Working Capital	$41.0B
OPERATING CASH FLOW	$73.5B
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$77.0B
Sales/Maturities of Investments	$123.0B
Other Investing Activities	$61.0B
NET CASH FROM INVESTING	$107.0B
Net Debt Issuance	-$45.5B
Common Stock Repurchased	-$5.6B
Common Dividends Paid	-$7.9B
Other Financing Activities	-$134.5B
NET CASH FROM FINANCING	-$187.5B
FREE CASH FLOW	$73.5B
Net Change in Cash	-$7.3B

Balance Sheet

Item	Amount
Cash & Equivalents	$360.5B
Short-Term Investments	$241.8B
Net Receivables	$46.6B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$648.9B
PP&E (Net)	$14.4B
Goodwill	$47.3B
Intangible Assets	$7.6B
Long-Term Investments	$874.7B
Tax Assets	$0
Other Non-Current Assets	$758.8B
TOTAL NON-CURRENT ASSETS	$1.7T
TOTAL ASSETS	$2.4T
Account Payables	$107.6B
Short-Term Debt	$168.2B
Deferred Revenue	$0
Other Current Liabilities	$1.4T
TOTAL CURRENT LIABILITIES	$1.7T
Long-Term Debt	$309.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$111.9B
TOTAL NON-CURRENT LIABILITIES	$421.6B
TOTAL LIABILITIES	$2.1T
Common Stock	$4.1B
Additional Paid-In Capital	$92.5B
Retained Earnings	$146.4B
Treasury Stock	-$21.7B
Accum. Other Comp. Income	$192M
Other Equity	-$21M
TOTAL STOCKHOLDERS' EQUITY	$247.6B
Minority Interest	$0
TOTAL EQUITY	$247.6B
TOTAL LIABILITIES & EQUITY	$2.4T
Total Debt	$478.0B
Net Debt	$117.5B