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.
MUFG
Mitsubishi UFJ Financial Group, Inc.
There isn't enough reported data to score MUFG 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.
MUFG Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
MUFG's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like MUFG.
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 has the edge over MUFG in the historical PE scenario, which offers more potential upside but is not a forecast.
MUFG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $7.85 | -64% |
| Fair | 16x | $15.03 | -31% |
| Expensive | 23x | $22.25 | +2.3% |
| Current | 23x | $21.75 | — |
Historical ranges are pointers, not guarantees.
MUFG's PE is 23x, but its earnings don't support one, so it isn't a reliable read right now.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
MUFG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for MUFG, 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 MUFG in the latest year-over-year earnings comparison.
MUFG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2026 | $0.95 | +40% |
| Q1 2025 | $0.68 | -1.4% |
| Q1 2024 | $0.69 | +130% |
| Q3 2023 | $0.93 | +$1.84 |
| Q1 2023 | $0.30 | +$0.34 |
| Q3 2022 | -$0.91 | -275% |
| Q1 2022 | -$0.04 | -107% |
| Q3 2021 | $0.52 | +126% |
MUFG earned $0.95 per share over the past year, up 2.2% from 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% |
JPM has the edge over MUFG in the latest year-over-year revenue comparison.
| 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.
MUFG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $19B | +59% |
| Q3 2025 | $18.5B | +1.7% |
| Q1 2025 | $11.9B | -60% |
| Q3 2024 | $18.2B | +16% |
| Q1 2024 | $29.9B | +120% |
| Q3 2023 | $15.7B | +6.8% |
| Q1 2023 | $13.6B | +6.1% |
| Q3 2022 | $14.7B | +16% |
MUFG's revenue has slid since its 2024 peak: $19B last quarter, down 36% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2026 | 36% | -2.7 points |
| Q3 2025 | 43% | +0.1 points |
| Q1 2025 | 14% | -18 points |
| Q3 2024 | 45% | +6.6 points |
| Q1 2024 | 39% | +9.4 points |
| Q3 2023 | 43% | +12 points |
| Q1 2023 | 32% | +5.4 points |
| Q3 2022 | 38% | +3.4 points |
MUFG's operating margin was 36% last quarter, down 2.7 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.
MUFG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$10.4B | -212% |
| Q3 2025 | -$12.6B | -$8.9B |
| Q1 2025 | $9.3B | +$19.3B |
| Q3 2024 | -$3.7B | +$9.7B |
| Q1 2024 | -$10.1B | -181% |
| Q3 2023 | -$13.4B | -$13.3B |
| Q1 2023 | $12.5B | +429% |
| Q3 2022 | -$7.3M | -100% |
MUFG's free cash flow was −$17.4B over the past year, against −$10.9B the year before. Free cash flow isn't a meaningful measure for financial services companies like MUFG.
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.
MUFG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -48.2M shares |
| 1 year | -4.9% | -582M shares |
| 3 years | -12% | -1.5B shares |
| 5 years | -18% | -2.5B shares |
| Available history | -20% | -2.8B shares |
MUFG has the edge over JPM on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2026 | $1.6B |
| Q3 2025 | $1.6B |
| Q1 2025 | $1.9B |
| Q3 2024 | $742.3M |
| Q1 2024 | $2.5B |
| Q3 2023 | $426,225 |
| Q1 2023 | $1.3B |
| Q3 2022 | $1.5B |
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.
MUFG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -30.4x | Net Cash |
| Q1 2025 | -48.3x | Net Cash |
| Q1 2024 | -48.9x | Net Cash |
| Q1 2023 | -60.9x | Net Cash |
| Q1 2022 | -60.0x | Net Cash |
| Q1 2021 | -56.2x | Net Cash |
| Q1 2020 | -41.0x | Net Cash |
| Q1 2019 | -48.3x | Net Cash |
MUFG has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like MUFG.
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).
MUFG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.5 | Neutral |
| Stochastic | 22.2 | Neutral |
MUFG's weekly RSI is 53 (neutral) and its Stochastic is 22 (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 MUFG on valuation relative to its sector.
MUFG PE vs Financial Services Sector
| Metric | MUFG | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 13x | 76% above |
| PE % | 80 | 63 | 17 pts above |
MUFG is trading at 23x earnings, a 76% premium to the Financial Services sector's median of 13x, though its earnings don't support one.
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 MUFG on trend strength, trading above more of its moving averages.
MUFG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $22.0 | 1.1% below |
| 20 week MA | $22.3 | 2.6% below |
| 50 week MA | $19.7 | 10% above |
| 100 week MA | $16.8 | 30% above |
| 200 week MA | $12.9 | 69% above |
MUFG has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 69% above 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 finished higher in four of the last six years. It's up 4.5% so far in 2026.
MUFG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.43 | $4.34 | -20% |
| 2021 | $4.34 | $5.56 | +28% |
| 2022 | $5.56 | $6.63 | +19% |
| 2023 | $6.63 | $8.61 | +30% |
| 2024 | $8.61 | $11.7 | +35% |
| 2025 | $11.7 | $15.9 | +36% |
| 2026 YTD | $15.9 | $21.8 | +37% |
MUFG has the edge over JPM on returns for 2026, with the stronger performance.