JPM
JPMorgan Chase & Co.
JPM has lower modeled downside risk, despite its lower overall score.
KNSL
Kinsale Capital Group, Inc.
KNSL has the edge over JPM overall, supported by stronger valuation.
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.
KNSL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
KNSL's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like KNSL.
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.
KNSL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 17x | $390 | — |
| Forward | 18x | $390 | — |
| Cheap | 23x | $526 | +35% |
| Fair | 33x | $767 | +97% |
| Expensive | 47x | $1,068 | +174% |
Historical ranges are pointers, not guarantees.
KNSL has the edge over JPM in the historical PE scenario, which offers more potential upside but is not a forecast.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
JPM has the edge over KNSL on the outlook, with more favorable valuation and revenue expectations.
KNSL Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect KNSL's earnings to grow and its profitability to improve, with its revenue holding steady.
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's earnings per share have climbed steadily: $23.85 over the past year, up 18% from the year before, and higher year over year for 15 quarters in a row.
KNSL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $21.55 | -6% |
| Q3 2026 | $22.93 | +13% |
| Q2 2026 | $24.66 | +29% |
| Q1 2026 | $22.70 | +31% |
| Q4 2025 | $21.65 | +22% |
| Q3 2025 | $20.35 | +16% |
| Q2 2025 | $19.16 | +20% |
| Q1 2025 | $17.37 | +15% |
| Q4 2024 | $17.78 | +34% |
KNSL has the edge over JPM on earnings, with stronger typical year-over-year growth.
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 has the edge over KNSL on profitability, with a higher operating margin.
KNSL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $454.8M | -8.6% |
| Q2 2026 | $548.5M | +17% |
| Q1 2026 | $466.7M | +10% |
| Q4 2025 | $483.3M | +17% |
| Q3 2025 | $497.5M | +19% |
| Q2 2025 | $469.8M | +22% |
| Q1 2025 | $423.4M | +14% |
| Q4 2024 | $412.1M | +17% |
KNSL has the edge over JPM on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 27% | -8.8 points |
| Q2 2026 | 40% | +4.3 points |
| Q1 2026 | 30% | +3.4 points |
| Q4 2025 | 36% | +2.5 points |
| Q3 2025 | 36% | +1.4 points |
| Q2 2025 | 36% | +5.7 points |
| Q1 2025 | 27% | -4.5 points |
| Q4 2024 | 34% | -3.4 points |
KNSL's operating margin was 27% last quarter, down 8.8 points from the same quarter a year ago.
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's free cash flow was −$84.2B over the past year, against −$120B the year before. Free cash flow isn't a meaningful measure for financial services companies like JPM.
KNSL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $261.8M | -9.6% |
| Q2 2026 | $239.1M | -5.1% |
| Q1 2026 | $241.3M | +11% |
| Q4 2025 | $230.8M | +14% |
| Q3 2025 | $289.5M | +8% |
| Q2 2025 | $252.1M | -8.4% |
| Q1 2025 | $217.6M | +5.2% |
| Q4 2024 | $202.2M | -3.9% |
KNSL has the edge over JPM on cash generation, producing positive trailing cash flow while its opponent burns cash.
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 2.7B diluted shares, down 3.1% from a year ago, with $24.5B in buybacks over the past year.
| 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.
KNSL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -281K shares |
| 1 year | -3.3% | -767K shares |
| 3 years | -3.5% | -811K shares |
| 5 years | -2.4% | -560K shares |
| Available history | +1.7% | +368K shares |
KNSL has the edge over JPM on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100M |
| Q2 2026 | $100.6M |
| Q1 2026 | $62.5M |
| Q4 2025 | $50M |
| Q3 2025 | $20M |
| Q2 2025 | $10M |
| Q1 2025 | $10M |
KNSL spent $313M buying back its own shares over the past year.
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.
KNSL Net Leverage
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).
KNSL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.7 | Neutral |
| Stochastic | 71.9 | Neutral |
KNSL's weekly RSI is 62 (neutral) and its Stochastic is 72 (neutral).
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM has the edge over KNSL on valuation relative to its sector.
KNSL PE vs Financial Services Sector
| Metric | KNSL | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 13x | 31% above |
| PE % | 10 | 63 | 53 pts below |
KNSL is trading at 17x earnings, a 31% premium to the Financial Services sector's median of 13x.
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 has the edge over KNSL on trend strength, trading above more of its moving averages.
KNSL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $358.3 | 8.8% above |
| 20 week MA | $360.9 | 8% above |
| 50 week MA | $357.7 | 9% above |
| 100 week MA | $403.3 | 3.3% below |
| 200 week MA | $399.6 | 2.4% below |
KNSL has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 2.4% below its 200-week average.
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 the edge over KNSL on returns for 2026, with the stronger performance.
KNSL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $100.7 | $207.3 | +106% |
| 2021 | $207.3 | $224.4 | +8.2% |
| 2022 | $224.4 | $273.8 | +22% |
| 2023 | $273.8 | $334.9 | +22% |
| 2024 | $334.9 | $470.7 | +41% |
| 2025 | $470.7 | $393.4 | -16% |
| 2026 YTD | $393.4 | $389.8 | -0.9% |
KNSL has finished higher in five of the last six years. It's down 0.9% so far in 2026.