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American Express vs Jpmorgan Chase: revenue, profit, margins and growth compared

American Express brought in $72.2B of revenue in fiscal 2025, Jpmorgan Chase $182.4B in fiscal 2025. Revenue changed by +9.5% at American Express and +2.8% at Jpmorgan Chase on the year before, so American Express grew faster. American Express kept 15.0% of its revenue as net profit, Jpmorgan Chase 31.3%.

Side by side, latest fiscal year

AXPJPM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$72.2B$182.4B
Revenue growth+9.5%+2.8%
Net income$10.8B$57B
Net margin15.0%31.3%
Free cash flow$16Bn/a
Free cash flow margin22.2%n/a
Earnings per share (diluted)$15.38$20.02
Cash$47.8B$343.3B
Debt$56.4Bn/a
Price to earnings20.117.1
Market value$208.6B$911.9B
Dividend yield1.06%1.69%
Rank by revenue in sector#8 of 444 · Finance#3 of 444 · Finance

Over the years

Revenue
AXP FY2018: $40.3BAXP FY2019: $43.6BAXP FY2020: $36.1BAXP FY2021: $42.4BAXP FY2022: $52.9BAXP FY2023: $60.5BAXP FY2024: $65.9BAXP FY2025: $72.2BJPM FY2018: $108.8BJPM FY2019: $115.7BJPM FY2020: $120BJPM FY2021: $121.6BJPM FY2022: $128.7BJPM FY2023: $158.1BJPM FY2024: $177.6BJPM FY2025: $182.4BFY18FY19FY20FY21FY22FY23FY24FY25
AXP $72.2BJPM $182.4B
Net income
AXP FY2018: $6.9BAXP FY2019: $6.8BAXP FY2020: $3.1BAXP FY2021: $8.1BAXP FY2022: $7.5BAXP FY2023: $8.4BAXP FY2024: $10.1BAXP FY2025: $10.8BJPM FY2018: $32.5BJPM FY2019: $36.4BJPM FY2020: $29.1BJPM FY2021: $48.3BJPM FY2022: $37.7BJPM FY2023: $49.6BJPM FY2024: $58.5BJPM FY2025: $57BFY18FY19FY20FY21FY22FY23FY24FY25
AXP $10.8BJPM $57B
Net margin
AXP FY2018: 17.2%AXP FY2019: 15.5%AXP FY2020: 8.7%AXP FY2021: 19.0%AXP FY2022: 14.2%AXP FY2023: 13.8%AXP FY2024: 15.4%AXP FY2025: 15.0%JPM FY2018: 29.9%JPM FY2019: 31.5%JPM FY2020: 24.3%JPM FY2021: 39.7%JPM FY2022: 29.3%JPM FY2023: 31.3%JPM FY2024: 32.9%JPM FY2025: 31.3%FY18FY19FY20FY21FY22FY23FY24FY25
AXP 15.0%JPM 31.3%
Revenue growth
AXP FY2019: +8.0%AXP FY2020: -17.1%AXP FY2021: +17.4%AXP FY2022: +24.7%AXP FY2023: +14.5%AXP FY2024: +9.0%AXP FY2025: +9.5%JPM FY2019: +6.4%JPM FY2020: +3.7%JPM FY2021: +1.4%JPM FY2022: +5.8%JPM FY2023: +22.9%JPM FY2024: +12.3%JPM FY2025: +2.8%FY19FY20FY21FY22FY23FY24FY25
AXP +9.5%JPM +2.8%
Free cash flow
AXP FY2018: $7.6BAXP FY2019: $12BAXP FY2020: $4.1BAXP FY2021: $13.1BAXP FY2022: $19.2BAXP FY2023: $17BAXP FY2024: $12.1BAXP FY2025: $16BFY18FY19FY20FY21FY22FY23FY24FY25
AXP $16BJPM

Fiscal years as each company reports them; the two may end in different months.

Questions about American Express and Jpmorgan Chase

Which is bigger by revenue, American Express or Jpmorgan Chase?

Jpmorgan Chase is bigger by revenue: $182.4B in fiscal 2025, against $72.2B for American Express in fiscal 2025.

Which keeps more of its revenue as profit, American Express or Jpmorgan Chase?

American Express had a net margin of 15.0% in fiscal 2025; Jpmorgan Chase had 31.3% in fiscal 2025.

Which grew revenue faster, American Express or Jpmorgan Chase?

In their latest fiscal years revenue changed by +9.5% at American Express and +2.8% at Jpmorgan Chase.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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