JPM FY 2016 Earnings Report — JPMorgan Chase & Co. Revenue & Financial Results | Market Cap Arena

JPMorgan Chase & Co.JPM

FY 2016 Earnings

Reported February 28, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$106.4B	—	$101.0B	—	5.3%
Op. Income	$34.5B	—	$30.7B	—	12.5%
Gross Margin	85.7%	—	88.8%	—	-3.1pp
Net Margin	23.2%	—	24.2%	—	-1.0pp
EPS (Diluted)	$6.19	—	$6.00	—	3.2%
Free Cash Flow	$21.9B	—	$73.5B	—	-70.2%

Revenue Flow

Item	Amount
REVENUE	$106.4B
Cost of Revenue	$15.2B
GROSS PROFIT	$91.2B
R&D Expenses	$0
Selling & Marketing	$2.9B
General & Administrative	$30.2B
SG&A Expenses	$33.1B
Other Expenses	$23.6B
Operating Expenses	$56.7B
Cost & Expenses	$71.9B
OPERATING INCOME	$34.5B
Interest Income	$55.9B
Interest Expense	$9.8B
Other Income/Expenses	$0
INCOME BEFORE TAX	$34.5B
Income Tax Expense	$9.8B
Net Income from Continuing Ops	$24.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$24.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$22.8B
D&A	$5.5B
EBIT	$34.5B
EBITDA	$40.0B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$106.4B
Cost of Revenue	$15.2B
GROSS PROFIT	$91.2B
R&D Expenses	$0
Selling & Marketing	$2.9B
General & Administrative	$30.2B
SG&A Expenses	$33.1B
Other Expenses	$23.6B
Operating Expenses	$56.7B
Cost & Expenses	$71.9B
OPERATING INCOME	$34.5B
Interest Income	$55.9B
Interest Expense	$9.8B
Other Income/Expenses	$0
INCOME BEFORE TAX	$34.5B
Income Tax Expense	$9.8B
Net Income from Continuing Ops	$24.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$24.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$22.8B
D&A	$5.5B
EBIT	$34.5B
EBITDA	$40.0B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$24.7B
Depreciation & Amortization	$5.5B
Stock-Based Compensation	$0
Deferred Income Tax	$4.7B
Other Non-Cash Items	$0
Change in Working Capital	-$17.4B
OPERATING CASH FLOW	$21.9B
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	-$124.1B
Sales/Maturities of Investments	$120.8B
Other Investing Activities	-$85.9B
NET CASH FROM INVESTING	-$89.2B
Net Debt Issuance	$11.7B
Common Stock Repurchased	-$9.1B
Common Dividends Paid	-$8.5B
Other Financing Activities	$104.2B
NET CASH FROM FINANCING	$98.3B
FREE CASH FLOW	$21.9B
Net Change in Cash	$29.5B

Balance Sheet

Item	Amount
Cash & Equivalents	$389.6B
Short-Term Investments	$238.9B
Net Receivables	$52.3B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$680.9B
PP&E (Net)	$14.1B
Goodwill	$47.3B
Intangible Assets	$7.0B
Long-Term Investments	$996.9B
Tax Assets	$0
Other Non-Current Assets	$744.8B
TOTAL NON-CURRENT ASSETS	$1.8T
TOTAL ASSETS	$2.5T
Account Payables	$109.8B
Short-Term Debt	$200.1B
Deferred Revenue	$0
Other Current Liabilities	$1.5T
TOTAL CURRENT LIABILITIES	$1.9T
Long-Term Debt	$295.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$42.8B
TOTAL NON-CURRENT LIABILITIES	$338.1B
TOTAL LIABILITIES	$2.2T
Common Stock	$4.1B
Additional Paid-In Capital	$91.6B
Retained Earnings	$162.4B
Treasury Stock	-$28.9B
Accum. Other Comp. Income	-$1.2B
Other Equity	-$21M
TOTAL STOCKHOLDERS' EQUITY	$254.2B
Minority Interest	$0
TOTAL EQUITY	$254.2B
TOTAL LIABILITIES & EQUITY	$2.5T
Total Debt	$495.4B
Net Debt	$105.7B