JPM vs MSFT: JPMorgan Chase & and Microsoft compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Microsoft is the larger company, worth $4.14T, about 4.7 times JPMorgan Chase &.
- JPMorgan Chase & grew revenue faster over the last year (+27.7% vs +17.8%).
- On earnings, JPMorgan Chase & is the cheaper stock (15.7x vs 33.2x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | JPM | MSFT |
|---|---|---|
| Market cap | $878.7B | $4.14T |
| Share price | $332.99 | $535.07 |
| Revenue (last fiscal year) | $182.4B | $331.8B |
| Free cash flow (last fiscal year) | — | $67.0B |
| Revenue growth, last year | +27.7% | +17.8% |
| Revenue growth per year, last 5 fiscal years | +10.7% | +13.7% |
| Operating margin | — | 46.8% |
| Net margin | 32.6% | 40.3% |
| Return on equity | 17.4% | 30.2% |
| P/E (trailing) | 15.7x | 33.2x |
| Price / free cash flow | 8.72x | 57.8x |
| EV / EBITDA | 6.84x | 19.1x |
| FCF growth the price implies | — | 19.8% |
| Dividend yield | 1.8% | 0.66% |
| Debt / equity | 12.4x | 0.71x |
| Fundamental grade | B | B |
| Superinvestors holding it | 22 | 33 |
| Insider purchases, last 12 months | 10 | 10 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
JPMorgan Chase &
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $121.6B | — | — |
| 2022 | $128.7B | — | — |
| 2023 | $158.1B | — | — |
| 2024 | $177.6B | — | — |
| 2025 | $182.4B | — | — |
Microsoft
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $198.3B | $65.1B | 42.1% |
| 2023 | $211.9B | $59.5B | 41.8% |
| 2024 | $245.1B | $74.1B | 44.6% |
| 2025 | $281.7B | $71.6B | 45.6% |
| 2026 | $331.8B | $67.0B | 46.8% |
Where the revenue comes from
JPMorgan Chase & · by segments, 2025
Commercial & Investment Bank$78.5B44%
Consumer & Community Banking$76.0B43%
Asset & Wealth Management$24.1B13%
Microsoft · by segments, 2026
Productivity and Business Processes$140.0B42%
Intelligent Cloud$137.8B42%
More Personal Computing$54.1B16%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open JPM in InvestinglyQuestions
Which is bigger, JPMorgan Chase & or Microsoft?
Microsoft (MSFT), at $4.14T against $878.7B.
Is JPM or MSFT cheaper?
By trailing P/E, JPMorgan Chase & (15.7x) is cheaper than Microsoft (33.2x). A lower multiple can also mean the market expects less growth.
Which grows faster, JPM or MSFT?
JPMorgan Chase &: revenue grew +27.7% over the last year, against +17.8%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.