JPM
JPMorgan Chase & Co.
JPM's fundamentals are strong, but it looks expensive: trading at 14x earnings, above its usual 12x. Analysts expect earnings growth.
MFIC
MidCap Financial Investment Corporation
There isn't enough reported data to score MFIC yet.
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.
MFIC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| N/A | |
| N/A |
MFIC's revenue and profitability are currently stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like MFIC.
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.
MFIC PE Valuation
MFIC has no meaningful PE right now: it lost money over the past year.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
JPM has the edge over MFIC on the outlook, with more favorable earnings and revenue expectations.
MFIC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Decline | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect MFIC's earnings and revenue to decline, though with profitability improving.
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 MFIC on earnings quality, reporting a profit while its opponent remains loss making.
MFIC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.29 | — |
| Q3 2026 | -$0.85 | -177% |
| Q2 2026 | -$0.36 | -132% |
| Q1 2026 | $0.04 | -97% |
| Q4 2025 | $0.66 | -51% |
| Q3 2025 | $1.11 | -29% |
| Q2 2025 | $1.13 | -34% |
| Q1 2025 | $1.29 | -26% |
| Q4 2024 | $1.36 | -25% |
MFIC has swung to a loss: it lost $0.85 per share over the past year, after a profit the year before.
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% |
MFIC has the stronger quarterly revenue trend. Revenue is up 8.1% for JPM versus up 65% for MFIC.
| 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.
MFIC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2022 | $63.3M | +65% |
| Q3 2022 | $39.4M | -7.8% |
| Q2 2022 | $25.2M | -48% |
| Q1 2022 | $22.1M | -62% |
| Q4 2021 | $38.4M | -24% |
| Q3 2021 | $42.7M | -16% |
| Q2 2021 | $48.5M | +122% |
| Q4 2020 | $50.3M | +127% |
MFIC's revenue is down over the past year, though its latest quarter was up: $63M last quarter, up 65% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2022 | 80% | +27 points |
| Q3 2022 | 41% | -19 points |
| Q2 2022 | 22% | -44 points |
| Q1 2022 | 19% | -53 points |
| Q4 2021 | 53% | -13 points |
| Q3 2021 | 60% | -5.6 points |
| Q2 2021 | 66% | +53 points |
| Q1 2021 | 72% | N/A |
MFIC's operating margin was 80% last quarter, up 27 points from the same quarter a year ago, near the top of its range since 2019.
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.
MFIC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $202.7M | +22% |
| Q2 2026 | $189.3M | +$280.4M |
| Q1 2026 | $169.4M | +$300.7M |
| Q4 2025 | $6.3M | -88% |
| Q3 2025 | $166.3M | +$176.4M |
| Q2 2025 | -$91M | -$27.5M |
| Q1 2025 | -$131.3M | -1501% |
| Q4 2024 | $54.8M | -30% |
MFIC 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.
MFIC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -172K shares |
| 1 year | -12% | -10.9M shares |
| 3 years | +26% | +17.1M shares |
| 5 years | +27% | +17.3M shares |
| Available history | +24% | +15.8M shares |
MFIC has the edge over JPM on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $31.9M |
| Q1 2026 | $76M |
| Q4 2025 | $12.9M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $6.1M |
| Q4 2023 | — |
MFIC spent $121M 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.
MFIC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | 26.1x | High |
| Q3 2022 | 31.1x | High |
| Q2 2022 | 28.0x | High |
| Q1 2022 | 18.5x | High |
| Q4 2021 | 12.9x | High |
| Q3 2021 | 11.8x | High |
| Q2 2021 | 10.2x | High |
| Q1 2021 | 12.6x | High |
MFIC's net debt is more than 20 years of its operating earnings (EBITDA), up from 13 years a year ago. Net leverage isn't a meaningful measure for financial services companies like MFIC.
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).
MFIC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.5 | Neutral |
| Stochastic | 93.4 | Overbought |
MFIC's weekly RSI is 55 (neutral) and its Stochastic is 93 (overbought).
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.
MFIC PE vs Financial Services Sector
| Metric | MFIC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
MFIC has no meaningful PE right now: it lost money over the past year.
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 MFIC on trend strength, trading above more of its moving averages.
MFIC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.19 | 11% above |
| 20 week MA | $9.44 | 7.8% above |
| 50 week MA | $10.4 | 2.4% below |
| 100 week MA | $11.6 | 12% below |
| 200 week MA | $12.6 | 19% below |
MFIC has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 19% 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 MFIC on returns for 2026, with the stronger performance.
MFIC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.5 | $10.8 | -39% |
| 2021 | $10.8 | $13.0 | +21% |
| 2022 | $13.0 | $11.6 | -11% |
| 2023 | $11.6 | $13.7 | +18% |
| 2024 | $13.7 | $13.6 | -1% |
| 2025 | $13.6 | $11.5 | -15% |
| 2026 YTD | $11.5 | $10.2 | -11% |
MFIC has finished lower in four of the last six years. It's down 11% so far in 2026.