CSWC
Capital Southwest Corporation
CSWC trails on the overall score without a compensating advantage in the available component scores.
JPM
JPMorgan Chase & Co.
JPM has the edge over CSWC overall, supported by stronger fundamentals and stronger modeled upside.
CSWC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
CSWC's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like CSWC.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
CSWC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9x | $15.26 | -35% |
| Forward | 9.8x | $23.50 | — |
| Fair | 11x | $18.28 | -22% |
| Current | 14x | $23.50 | — |
| Expensive | 15x | $25.07 | +6.7% |
Historical ranges are pointers, not guarantees.
CSWC has the edge over JPM in the historical PE scenario, which offers more potential upside but is not a forecast.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM's PE is in its expensive range at 14.4x. If earnings grow as analysts expect, today's price would be 13.7x next year's earnings.
CSWC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Stable | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect CSWC's revenue to grow, but its profitability to weaken.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
CSWC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.39 | +41% |
| Q3 2026 | $1.70 | +5.6% |
| Q2 2026 | $1.81 | -1.1% |
| Q1 2026 | $1.90 | -4% |
| Q4 2025 | $1.81 | -21% |
| Q3 2025 | $1.61 | -39% |
| Q2 2025 | $1.83 | -32% |
| Q1 2025 | $1.98 | -27% |
| Q4 2024 | $2.30 | -14% |
CSWC's earnings per share have fallen from their peak: $1.70 over the past year, against $2.94 in mid-2021.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM has the edge over CSWC on earnings, with more consistent year-over-year improvement.
CSWC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2022 | $13.9M | -44% |
| Q1 2022 | $30M | +49% |
| Q4 2021 | $23.7M | -12% |
| Q3 2021 | $24.1M | -6.4% |
| Q2 2021 | $25.1M | +42% |
| Q4 2020 | $26.9M | +374% |
JPM has the stronger quarterly revenue trend. Revenue is down 44% for CSWC versus up 8.1% for JPM.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2022 | 29% | -35 points |
| Q1 2022 | 70% | +13 points |
| Q4 2021 | 56% | -9.4 points |
| Q3 2021 | -13% | -79 points |
| Q2 2021 | 64% | +8.6 points |
| Q1 2021 | 56% | N/A |
| Q4 2020 | 65% | +108 points |
| Q3 2020 | 66% | N/A |
CSWC's operating margin was 29% last quarter, down 35 points from the same quarter a year ago.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
JPM's revenue has grown year over year for five quarters in a row: $50.2B last quarter, up 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM's operating margin was 40% last quarter, about level with the same quarter a year ago.
CSWC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$193.1M | -$121.8M |
| Q2 2026 | -$80.9M | -366% |
| Q1 2026 | -$59.2M | -$64K |
| Q4 2025 | -$93.6M | +$72.9M |
| Q3 2025 | -$71.3M | -$47M |
| Q2 2025 | $30.4M | -2.4% |
| Q1 2025 | -$59.1M | +$43M |
| Q4 2024 | -$166.6M | -1025% |
CSWC's free cash flow was −$427M over the past year, against −$267M the year before. Free cash flow isn't a meaningful measure for financial services companies like CSWC.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
JPM has the edge over CSWC on cash flow, with more consistent year-over-year improvement.
CSWC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +2.5M shares |
| 1 year | +13% | +8.2M shares |
| 3 years | +84% | +33.3M shares |
| 5 years | +224% | +50.5M shares |
| Available history | +304% | +54.9M shares |
CSWC has 73M diluted shares, up 13% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $236,000 |
| Q3 2020 | — |
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has the edge over CSWC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
CSWC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 15.0x | High |
| Q1 2022 | 10.5x | High |
| Q4 2021 | 12.3x | High |
| Q3 2021 | 10.1x | High |
| Q2 2021 | 6.8x | High |
| Q1 2021 | 6.1x | High |
| Q4 2020 | 15.6x | High |
| Q3 2020 | 215.5x | High |
CSWC's net debt is about 15 years of its operating earnings (EBITDA), up from 6.8 years a year ago. Net leverage isn't a meaningful measure for financial services companies like CSWC.
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
CSWC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.1 | Neutral |
| Stochastic | 33.9 | Neutral |
CSWC's weekly RSI is 50 (neutral) and its Stochastic is 34 (neutral).
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
CSWC PE vs Financial Services Sector
| Metric | CSWC | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 6.1% above |
| PE % | 76 | 63 | 13 pts above |
CSWC has the edge over JPM on valuation relative to its sector.
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM is trading at 14x earnings, a 10% premium to the Financial Services sector's median of 13x.
CSWC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.2 | 1.3% above |
| 20 week MA | $23.9 | 1.5% below |
| 50 week MA | $23.2 | 1.2% above |
| 100 week MA | $22.5 | 4.5% above |
| 200 week MA | $22.5 | 4.3% above |
CSWC's trend is mixed: it's above four of its five weekly moving averages, and 4.3% above its 200-week average.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM's trend is mixed: it's above four of its five weekly moving averages, and 45% above its 200-week average.
CSWC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.0 | $16.6 | -21% |
| 2021 | $16.6 | $25.3 | +53% |
| 2022 | $25.3 | $17.3 | -32% |
| 2023 | $17.3 | $23.7 | +37% |
| 2024 | $23.7 | $21.6 | -8.9% |
| 2025 | $21.6 | $21.9 | +1.6% |
| 2026 YTD | $21.9 | $23.5 | +7.2% |
CSWC has the edge over JPM on returns for 2026, with the stronger performance.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has finished higher in four of the last six years. It's up 4.5% so far in 2026.