Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $121.6B | $128.7B | $158.1B | $177.6B | $182.4B |
| YoY | — | +5.8% | +22.9% | +12.3% | +2.8% |
| Cost of goods sold | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Selling, general & administrative | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Pretax income | $59.6B | $46.2B | $61.6B | $75.1B | $72.6B |
| YoY | — | -22.5% | +33.5% | +21.9% | -3.3% |
| Income tax | $11.2B | $8.5B | $12.1B | $16.6B | $15.5B |
| YoY | — | -24.4% | +42.0% | +37.7% | -6.4% |
| Net income | $48.3B | $37.7B | $49.6B | $58.5B | $57.0B |
| YoY | — | -22.1% | +31.5% | +18.0% | -2.4% |
| EPS — basic | $15.39 | $12.10 | $16.25 | $19.79 | $20.05 |
| YoY | — | -21.4% | +34.3% | +21.8% | +1.3% |
| EPS — diluted | $15.36 | $12.09 | $16.23 | $19.75 | $20.02 |
| YoY | — | -21.3% | +34.2% | +21.7% | +1.4% |
| Weighted shares — basic | 3.02B | 2.97B | 2.94B | 2.87B | 2.78B |
| Weighted shares — diluted | 3.03B | 2.97B | 2.94B | 2.88B | 2.78B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total current assets | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total assets | $3,743.6B | $3,665.7B | $3,875.4B | $4,002.8B | $4,424.9B |
| YoY | — | -2.1% | +5.7% | +3.3% | +10.5% |
| Total current liabilities | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Total liabilities | $3,449.4B | $3,373.4B | $3,547.5B | $3,658.1B | $4,062.5B |
| YoY | — | -2.2% | +5.2% | +3.1% | +11.1% |
| Total equity | $294.1B | $292.3B | $327.9B | $344.8B | $362.4B |
| YoY | — | -0.6% | +12.2% | +5.1% | +5.1% |
| Shares outstanding | 2.94B | 2.93B | 2.88B | 2.80B | 2.70B |
| YoY | — | -0.3% | -2.0% | -2.7% | -3.6% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $78.1B | $107.1B | $13.0B | $-42.0B | $-147.8B |
| YoY | — | +37.2% | -87.9% | -423.8% | -251.8% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | $12.9B | $13.6B | $13.5B | $14.8B | $16.6B |
| YoY | — | +5.5% | -0.7% | +9.8% | +12.5% |
| Share repurchases | $18.4B | $3.2B | $9.8B | $18.8B | $31.6B |
| YoY | — | -82.8% | +210.7% | +91.7% | +67.8% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | — | — |
| Net margin | 39.7% | 29.3% | 31.3% | 32.9% | 31.3% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 18.9% | 18.4% | 19.6% | 22.1% | 21.4% |
| Current ratio | — | — | — | — | — |
| Total liabilities / equity | 11.73x | 11.54x | 10.82x | 10.61x | 11.21x |
Peer comparison — latest full year
Same sector (Financials), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| JPM FY25 · this stock | $182.4B | +2.8% | — | — | 31.3% | — |
| BAC FY25 | $113.1B | +6.8% | — | — | 27.0% | — |
| PGR FY25 | $87.7B | +16.3% | — | — | 12.9% | 19.6% |
| C FY25 | $85.2B | +5.6% | — | — | 16.8% | -87.0% |
| WFC FY25 | $83.7B | +1.7% | — | — | 25.5% | — |
| MS FY25 | $70.6B | +14.4% | — | — | 23.9% | — |
| CB FY25 | $59.4B | +6.5% | — | — | 17.4% | — |
| GS FY25 | $58.3B | +8.9% | — | — | 29.5% | -81.0% |
| AXP FY25 | $41.3B | +6.4% | — | — | 26.2% | 38.7% |
| V FY25 | $40.0B | +11.3% | — | 60.0% | 50.1% | — |
| USB FY25 | $28.7B | +4.4% | — | — | 26.4% | — |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.