# JPMorgan Chase & Co. (JPM.US)

Canonical: https://gigainvestors.com/s/JPM

Analysis as of: 2026-10-16T07:29:32.974Z. Financial observations: FY2015–FY2025.

Listing currency: USD. Reporting currency: USD.

## Verdict

A wonderful business at too high a price

Quality tests for Buy: pass (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $335.53 per share; close as of 2026-10-15.

Estimated value: low $254.63 per share, central $318.29 per share, high $424.39 per share. Buy at or below the central value $318.29 per share. Valuation as of 2026-10-16T07:29:32.974Z; scenarios are not confidence intervals.

Expected annual return: 9.8% at the stated quote. About 9.8% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: pass

- Financial history: 10 years

- Profitable years in the last ten: 10

- Required profitable years: 9

- Return on common equity variation (informational): 0.20×

Chart: Net income; fiscal year observations.

- FY2016: $23B

- FY2017: $23B

- FY2018: $31B

- FY2019: $35B

- FY2020: $27B

- FY2021: $47B

- FY2022: $36B

- FY2023: $48B

- FY2024: $57B

- FY2025: $56B

### moat: pass

- Tangible common book per share

- Bank / P&C ROTE, median of available years: 18.4%

- Required median return: 12.0%

- Return uses tangible common equity: Yes

- Bank ROTE, second-lowest year: 13.1%

- Cost / income, median: 57.2%

- Years with reported combined ratio: 0

Chart: Return on tangible common equity; fiscal year observations.

- FY2016: 13.1%

- FY2017: 12.9%

- FY2018: 17.4%

- FY2019: 19.1%

- FY2020: 14.0%

- FY2021: 23.0%

- FY2022: 17.6%

- FY2023: 20.2%

- FY2024: 21.9%

- FY2025: 20.0%

### economics: pass

- Tangible common book per share

- Book value per share + reinvested dividends, annualized return: 15.0%

- Book return interval: 10 years

- Starting book value per share: $44.14

- Ending book value per share: $99.92

Chart: Annual book + dividend return; fiscal year observations.

- FY2016: 12.0%

- FY2017: 9.3%

- FY2018: 11.3%

- FY2019: 16.0%

- FY2020: 20.6%

- FY2021: 12.2%

- FY2022: 9.5%

- FY2023: 23.4%

- FY2024: 19.0%

- FY2025: 17.2%

### management: pass

- Tangible common book per share

- Diluted shares, 10-year annual growth: -3.0%

- Diluted shares, 5-year annual growth: -2.1%

- Share growth excluding flagged crisis recapitalisations: -3.0%

- Five-year share growth excluding flagged crisis recapitalisations: -2.1%

- Flagged crisis recapitalisations: 0

- Book created / earnings retained after dividends and buybacks: 2.39×

- Book value created per share: $55.79

- Earnings retained per share after dividends and buybacks: $23.37

Chart: Shares (first year = 100); fiscal year observations.

- FY2015: 100

- FY2016: 98

- FY2017: 95

- FY2018: 90

- FY2019: 86

- FY2020: 82

- FY2021: 80

- FY2022: 79

- FY2023: 78

- FY2024: 76

- FY2025: 74

### accounting: pass

- Financial accounting warning count: 0

- Deposits, annualized growth: 7.2%

- Known restatement years: 0

- Years loan growth exceeded twice deposit growth: 1

## Holders

- [Glenn Greenberg](https://gigainvestors.com/CCM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [David Hoeft](https://gigainvestors.com/DAC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Christopher Davis](https://gigainvestors.com/DAV): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Edgar Wachenheim](https://gigainvestors.com/GA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Francois Rochon](https://gigainvestors.com/GC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Thomas Russo](https://gigainvestors.com/GR): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Bill Nygren](https://gigainvestors.com/HA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Thomas Graham Kahn](https://gigainvestors.com/KB): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [David Katz](https://gigainvestors.com/MAVFX): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Thomas Gayner](https://gigainvestors.com/MKL): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Andrew Adams](https://gigainvestors.com/MPF): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Richard Pzena](https://gigainvestors.com/PIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Samantha McLemore](https://gigainvestors.com/PTNT): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Robert Torray](https://gigainvestors.com/T): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Andreas Halvorsen](https://gigainvestors.com/vg): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

The price assumes profits grow 6.2% a year forever · "JPMorgan Raises 2026 NII Outlook: What Does It Mean for Earnings?" (finance.yahoo.com, Aug 2026) · net income -2.1%

Story as of 2026-10-16T09:58:59.981Z; price observation 2026-10-15.

The price assumes profits grow 6.2% a year forever

- 2025-05-19: JPMorgan says interest income could rise this year even as uncertainty persists ([uk.finance.yahoo.com](https://uk.finance.yahoo.com/news/jpmorgan-says-charge-offs-card-103602613.html))

- 2025-09-09: JPMorgan expects its Q3 investment banking revenue to grow in low double digits ([finance.yahoo.com](https://finance.yahoo.com/news/jpmorgan-expects-q3-investment-banking-153239061.html))

- 2026-01-13: JPMorgan Profit Falls on Investment-Banking Miss, Apple Card Charge ([finance.yahoo.com](https://finance.yahoo.com/m/6ce95c19-f268-3a9f-b74b-2e151f72b684/jpmorgan-profit-falls-on.html))

- 2026-04-14: JPMorgan tops earnings estimates on trading, investment banking strength ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/jpmorgan-tops-earnings-estimates-trading-102500595.html))

- 2026-07-14: JPMorgan Chase Q2 2026 earnings: record profit on trading surge ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/jpmorgan-chase-q2-2026-earnings-115434127.html))

- 2026-09-17: JPMorgan Falls as Prime Lending Reprices to 7% ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/jpmorgan-falls-prime-lending-reprices-184659168.html))

### Net income · FY2025

net income -2.1%; source https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm; observed 2026-02-13.

- FY2016: $23B 

- FY2017: $23B 

- FY2018: $31B 

- FY2019: $35B 

- FY2020: $27B 

- FY2021: $47B 

- FY2022: $36B 

- FY2023: $48B 

- FY2024: $57B 

- FY2025: $56B 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Gets 42.3% of managed revenue from Commercial & Investment Banking.

- Source: https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm#000162828026008131 (filed 2026-02-13); FY2025: revenue 182447000000.

- Source: https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm (filed 2026-02-13); rate equity on page 96 for additional information on capital allocation. JPMorgan Chase & Co./2025 Form 10-K 63 Segment & Corporate Results – Managed Basis The following tables summarize the Firm’s results by business segments and Corporate for the periods indicated. Year ended December 31, Consumer & Community Banking Commercial & Investment Bank Asset & Wealth Management (in millions, except ratios) 2025 2024 2023 2025 2024 2023 2025 2024 2023 Total net revenue $ 76,029 $ 71,507 $ 70,148 $ 78,454 $ 70,114 $ 64,353 $ 24,073 $ 21,578 $ 19,827 Total noninterest expense 40,267 38,036 34,819 38,216 35,353 33,972 15,332 14,414 12,780 Pre-provision profit 35,762 33,471 35,329 40,238 34,761 30,381 8,741 7,164 7,047 Provision for credit losses 11,493 (a) 9,974 6,899 2,615 762 2,091 97 (68) 159 Net income 18,245 17,603 21,232 27,761 24,846 20,272 6,522 5,421 5,227 Return on equity (“ROE”) 32 % 32 % 38 % 18 % 18 % 14 % 40 % 34 % 31 % Year ended December 31, Corporate Total (in millions, except ratios) 2025 2024 2023 2025 2024 2023 Total net revenue $ 7,025 $ 17,394 (b) $ 8,038 $ 185,581 $ 180,593 (b) $ 162,366 Total noninterest expense 1,825 3, [Separate filing excerpt] 3 33,972 15,332 14,414 12,780 Pre-provision profit 35,762 33,471 35,329 40,238 34,761 30,381 8,741 7,164 7,047 Provision for credit losses 11,493 (a) 9,974 6,899 2,615 762 2,091 97 (68) 159 Net income 18,245 17,603 21,232 27,761 24,846 20,272 6,522 5,421 5,227 Return on equity (“ROE”) 32 % 32 % 38 % 18 % 18 % 14 % 40 % 34 % 31 % Year ended December 31, Corporate Total (in millions, except ratios) 2025 2024 2023 2025 2024 2023 Total net revenue $ 7,025 $ 17,394 (b) $ 8,038 $ 185,581 $ 180,593 (b) $ 162,366 Total noninterest expense 1,825 3,994 (c) 5,601 95,640 91,797 (c) 87,172 Pre-provision profit 5,200 13,400 2,437 89,941 88,796 75,194 Provision for credit losses 7 10 171 14,212 10,678 9,320 Net income 4,520 10,601 2,821 57,048 58,471 49,552 Return on equity (“ROE”) NM NM NM 17 % 18 % 17 % (a)Includes a provision for lending-related commitments of $2.2 billion related to the Apple Card transaction. (b)Included the net gain related to Visa shares of $7.9 billion recorded in the second quarter of 2024. Refer to Note 6 for additional information. (c)Included a $1.0 billion contribution of Visa shares to the JPMorgan Chas

### Why customers stay

It earns 18.4% on shareholders’ money, excluding intangible assets.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-13); 10-year return on tangible equity observations [[2016,0.1313234718995146],[2017,0.12878282058744642],[2018,0.1743858533316676],[2019,0.19139649495016464],[2020,0.13994475730485084],[2021,0.22953336163239518],[2022,0.17588168707643004],[2023,0.20229316413447243],[2024,0.21859864384888603],[2025,0.20033820857394716]]; median 0.18363909101329734. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Where the cash goes

Paid dividends in 10 of 10 years; bought back USD 34.6 billion of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-13); Dividend observations: [[2016,8476000000],[2017,8993000000],[2018,10109000000],[2019,12343000000],[2020,12690000000],[2021,12858000000],[2022,13562000000],[2023,13463000000],[2024,14783000000],[2025,16625000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm (filed 2026-02-13); FY2025: cash repurchases 34591000000 USD.

### Are managers owners

Insiders own 0.4% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); JPM.US SharesStats.PercentInsiders = 0.391 percentage points; cache date 2026-10-16.

### What could break it

"JPMorganChase’s ability to operate its businesses could be impaired if its liquidity is constrained." (SEC filing, Feb 2026)

- Source: https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm (filed 2026-02-13); JPMorganChase’s ability to operate its businesses could be impaired if its liquidity is constrained.

### What the price says

The price assumes profits grow 6.2% a year forever.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-13); Price 335.53; FX 1; original perpetual distributable cash 12.73171624140674; discount 0.1; growth 0.06205490942268429. Same book-value model and 4× ceiling; no ten-year operating fade applies. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $69.26 per share

- 2016-11: $80.17 per share

- 2016-12: $86.29 per share

- 2017-01: $84.63 per share

- 2017-02: $90.62 per share

- 2017-03: $87.84 per share

- 2017-04: $87.00 per share

- 2017-05: $82.15 per share

- 2017-06: $91.40 per share

- 2017-07: $91.80 per share

- 2017-08: $90.89 per share

- 2017-09: $95.51 per share

- 2017-10: $100.61 per share

- 2017-11: $104.52 per share

- 2017-12: $106.94 per share

- 2018-01: $115.67 per share

- 2018-02: $115.50 per share

- 2018-03: $109.97 per share

- 2018-04: $108.78 per share

- 2018-05: $107.01 per share

- 2018-06: $104.20 per share

- 2018-07: $114.95 per share

- 2018-08: $114.58 per share

- 2018-09: $112.84 per share

- 2018-10: $109.02 per share

- 2018-11: $111.19 per share

- 2018-12: $97.62 per share

- 2019-01: $103.50 per share

- 2019-02: $104.36 per share

- 2019-03: $101.23 per share

- 2019-04: $116.05 per share

- 2019-05: $105.96 per share

- 2019-06: $111.80 per share

- 2019-07: $116.00 per share

- 2019-08: $109.86 per share

- 2019-09: $117.69 per share

- 2019-10: $124.92 per share

- 2019-11: $131.76 per share

- 2019-12: $139.40 per share

- 2020-01: $132.36 per share

- 2020-02: $116.11 per share

- 2020-03: $90.03 per share

- 2020-04: $95.76 per share

- 2020-05: $97.31 per share

- 2020-06: $94.06 per share

- 2020-07: $96.64 per share

- 2020-08: $100.19 per share

- 2020-09: $96.27 per share

- 2020-10: $98.04 per share

- 2020-11: $117.88 per share

- 2020-12: $127.07 per share

- 2021-01: $128.67 per share

- 2021-02: $147.17 per share

- 2021-03: $152.23 per share

- 2021-04: $153.81 per share

- 2021-05: $164.24 per share

- 2021-06: $155.54 per share

- 2021-07: $151.78 per share

- 2021-08: $159.95 per share

- 2021-09: $163.69 per share

- 2021-10: $169.89 per share

- 2021-11: $158.83 per share

- 2021-12: $158.35 per share

- 2022-01: $148.60 per share

- 2022-02: $141.80 per share

- 2022-03: $136.32 per share

- 2022-04: $119.36 per share

- 2022-05: $132.23 per share

- 2022-06: $112.61 per share

- 2022-07: $115.36 per share

- 2022-08: $113.73 per share

- 2022-09: $104.50 per share

- 2022-10: $125.88 per share

- 2022-11: $138.18 per share

- 2022-12: $134.10 per share

- 2023-01: $139.96 per share

- 2023-02: $143.35 per share

- 2023-03: $130.31 per share

- 2023-04: $138.24 per share

- 2023-05: $135.71 per share

- 2023-06: $145.44 per share

- 2023-07: $157.96 per share

- 2023-08: $146.33 per share

- 2023-09: $145.02 per share

- 2023-10: $139.06 per share

- 2023-11: $156.08 per share

- 2023-12: $170.10 per share

- 2024-01: $174.36 per share

- 2024-02: $186.06 per share

- 2024-03: $200.30 per share

- 2024-04: $191.74 per share

- 2024-05: $202.63 per share

- 2024-06: $202.26 per share

- 2024-07: $212.80 per share

- 2024-08: $224.80 per share

- 2024-09: $210.86 per share

- 2024-10: $221.92 per share

- 2024-11: $249.72 per share

- 2024-12: $239.71 per share

- 2025-01: $267.30 per share

- 2025-02: $264.65 per share

- 2025-03: $245.30 per share

- 2025-04: $244.62 per share

- 2025-05: $264.00 per share

- 2025-06: $289.91 per share

- 2025-07: $296.24 per share

- 2025-08: $301.42 per share

- 2025-09: $315.43 per share

- 2025-10: $311.12 per share

- 2025-11: $313.08 per share

- 2025-12: $322.22 per share

- 2026-01: $305.89 per share

- 2026-02: $300.30 per share

- 2026-03: $294.16 per share

- 2026-04: $313.23 per share

- 2026-05: $299.31 per share

- 2026-06: $327.33 per share

- 2026-07: $351.79 per share

- 2026-08: $356.02 per share

- 2026-09: $330.83 per share

- 2026-10: $331.43 per share

## Annual estimated value (USD per share)

- FY2016: low $61.78 per share, central $67.96 per share, high $75.51 per share

- FY2017: low $71.83 per share, central $89.79 per share, high $119.72 per share

- FY2018: low $77.47 per share, central $96.84 per share, high $129.12 per share

- FY2019: low $94.94 per share, central $118.68 per share, high $158.24 per share

- FY2020: low $99.40 per share, central $124.24 per share, high $165.66 per share

- FY2021: low $106.56 per share, central $133.20 per share, high $177.60 per share

- FY2022: low $105.86 per share, central $132.33 per share, high $176.44 per share

- FY2023: low $151.82 per share, central $189.77 per share, high $253.03 per share

- FY2024: low $197.96 per share, central $247.44 per share, high $329.93 per share

- FY2025: low $233.46 per share, central $291.83 per share, high $389.10 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm); period 2025-12-31, filed 2026-02-13.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Glenn Greenberg](https://gigainvestors.com/CCM): 5,643 JPM shares; USD 1,847,000 reported position value; 0.04% of portfolio; hold; quarter 2026 Q2.
- [David Hoeft](https://gigainvestors.com/DAC): 117,130 JPM shares; USD 38,340,000 reported position value; 0.02% of portfolio; reduce; quarter 2026 Q2.
- [Christopher Davis](https://gigainvestors.com/DAV): 476,389 JPM shares; USD 155,936,000 reported position value; 0.67% of portfolio; reduce; quarter 2026 Q2.
- [Edgar Wachenheim](https://gigainvestors.com/GA): 2,500 JPM shares; USD 818,000 reported position value; 0.01% of portfolio; reduce; quarter 2026 Q2.
- [Francois Rochon](https://gigainvestors.com/GC): 47,876 JPM shares; USD 15,671,000 reported position value; 0.53% of portfolio; reduce; quarter 2026 Q2.
- [Thomas Russo](https://gigainvestors.com/GR): 24,719 JPM shares; USD 8,091,000 reported position value; 0.09% of portfolio; reduce; quarter 2026 Q2.
- [Bill Nygren](https://gigainvestors.com/HA): 6,215 JPM shares; USD 2,034,000 reported position value; 0% of portfolio; add; quarter 2026 Q2.
- [Thomas Graham Kahn](https://gigainvestors.com/KB): 2,878 JPM shares; USD 942,000 reported position value; 0.15% of portfolio; add; quarter 2026 Q2.
- [David Katz](https://gigainvestors.com/MAVFX): 129,211 JPM shares; USD 42,747,000 reported position value; 3.52% of portfolio; reduce; quarter 2026 Q3.
- [Thomas Gayner](https://gigainvestors.com/MKL): 252,550 JPM shares; USD 82,667,000 reported position value; 0.63% of portfolio; hold; quarter 2026 Q2.
- [Andrew Adams](https://gigainvestors.com/MPF): 923,550 JPM shares; USD 302,306,000 reported position value; 2.77% of portfolio; reduce; quarter 2026 Q2.
- [Richard Pzena](https://gigainvestors.com/PIM): 334,094 JPM shares; USD 109,359,000 reported position value; 0.32% of portfolio; reduce; quarter 2026 Q2.
- [Samantha McLemore](https://gigainvestors.com/PTNT): 29,360 JPM shares; USD 9,610,000 reported position value; 0.32% of portfolio; reduce; quarter 2026 Q2.
- [Robert Torray](https://gigainvestors.com/T): 2,959 JPM shares; USD 969,000 reported position value; 0.14% of portfolio; reduce; quarter 2026 Q2.
- [Andreas Halvorsen](https://gigainvestors.com/vg): 2,899,386 JPM shares; USD 949,056,000 reported position value; 2.71% of portfolio; add; quarter 2026 Q2.

# JPM — JPMorgan Chase & Co.

Held by 1 investor · USD 42,747,000 total · 2026 Q3 · reported price USD 330.83 (split-adjusted).
Page: https://gigainvestors.com/s/JPM

## Holders (2026 Q3)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| David Katz (https://gigainvestors.com/MAVFX) | USD 42,747,000 | 3.5% | reduce -2.77% |

## Total held by quarter

- 2006 Q4: USD 5,264,700 · 1 holder · USD 48.30
- 2007 Q1: USD 5,273,420 · 1 holder · USD 48.38
- 2007 Q2: USD 6,201,600 · 1 holder · USD 48.45
- 2007 Q3: USD 6,277,340 · 1 holder · USD 45.82
- 2007 Q4: USD 5,456,250 · 1 holder · USD 43.65
- 2008 Q1: USD 3,650,750 · 1 holder · USD 42.95
- 2008 Q2: USD 2,847,730 · 1 holder · USD 34.31
- 2008 Q3: USD 2,521,800 · 1 holder · USD 46.70
- 2008 Q4: USD 2,620,974 · 2 holders · USD 31.54
- 2009 Q1: USD 2,668,332 · 2 holders · USD 26.58
- 2009 Q2: USD 3,424,344 · 2 holders · USD 34.11
- 2009 Q3: USD 4,602,150 · 2 holders · USD 43.83
- 2009 Q4: USD 4,542,030 · 2 holders · USD 41.67
- 2010 Q1: USD 4,667,172 · 2 holders · USD 44.75
- 2010 Q2: USD 3,635,170 · 2 holders · USD 36.61
- 2010 Q3: USD 3,702,689 · 2 holders · USD 38.06
- 2010 Q4: USD 4,211,940 · 2 holders · USD 42.42
- 2011 Q1: USD 4,850,204 · 2 holders · USD 46.12
- 2011 Q2: USD 4,217,280 · 2 holders · USD 40.96
- 2011 Q3: USD 3,253,190 · 2 holders · USD 30.13
- 2011 Q4: USD 3,536,332 · 2 holders · USD 33.27
- 2012 Q1: USD 4,465,664 · 2 holders · USD 45.97
- 2012 Q2: USD 3,576,372 · 2 holders · USD 35.73
- 2012 Q3: USD 3,141,077 · 2 holders · USD 40.48
- 2012 Q4: USD 2,290,001 · 2 holders · USD 43.96
- 2013 Q1: USD 4,462,066 · 3 holders · USD 47.47
- 2013 Q2: USD 4,852,320 · 2 holders · USD 52.80
- 2013 Q3: USD 5,267,211 · 2 holders · USD 51.69
- 2013 Q4: USD 7,217,126 · 2 holders · USD 58.49
- 2014 Q1: USD 104,906,880 · 2 holders · USD 60.71
- 2014 Q2: USD 110,987,644 · 2 holders · USD 57.62
- 2014 Q3: USD 330,811,455 · 3 holders · USD 60.24
- 2014 Q4: USD 322,251,789 · 3 holders · USD 62.58
- 2015 Q1: USD 361,406,322 · 3 holders · USD 60.58
- 2015 Q2: USD 413,974,070 · 4 holders · USD 67.76
- 2015 Q3: USD 374,371,046 · 4 holders · USD 60.97
- 2015 Q4: USD 402,460,344 · 4 holders · USD 66.03
- 2016 Q1: USD 292,762,606 · 3 holders · USD 59.22
- 2016 Q2: USD 188,523,486 · 3 holders · USD 62.14
- 2016 Q3: USD 194,259,228 · 3 holders · USD 66.59
- 2016 Q4: USD 239,423,944 · 3 holders · USD 86.29
- 2017 Q1: USD 167,426,641 · 3 holders · USD 87.84
- 2017 Q2: USD 172,853,999 · 3 holders · USD 91.40
- 2017 Q3: USD 213,516,043 · 3 holders · USD 95.51
- 2017 Q4: USD 217,880,170 · 5 holders · USD 106.94
- 2018 Q1: USD 188,399,808 · 5 holders · USD 109.97
- 2018 Q2: USD 209,405,921 · 5 holders · USD 104.20
- 2018 Q3: USD 4,373,830,131 · 9 holders · USD 112.84
- 2018 Q4: USD 5,218,215,257 · 9 holders · USD 97.62
- 2019 Q1: USD 6,880,564,621 · 9 holders · USD 101.23
- 2019 Q2: USD 7,594,953,679 · 10 holders · USD 111.80
- 2019 Q3: USD 7,649,068,444 · 10 holders · USD 117.69
- 2019 Q4: USD 9,760,548,648 · 11 holders · USD 139.40
- 2020 Q1: USD 6,911,457,861 · 14 holders · USD 90.03
- 2020 Q2: USD 4,089,424,754 · 14 holders · USD 94.06
- 2020 Q3: USD 2,400,074,421 · 13 holders · USD 96.27
- 2020 Q4: USD 2,864,496,951 · 12 holders · USD 127.07
- 2021 Q1: USD 2,112,056,684 · 12 holders · USD 152.23
- 2021 Q2: USD 1,827,069,450 · 11 holders · USD 155.54
- 2021 Q3: USD 1,733,654,564 · 11 holders · USD 163.69
- 2021 Q4: USD 1,584,128,114 · 12 holders · USD 158.35
- 2022 Q1: USD 1,417,707,037 · 13 holders · USD 136.32
- 2022 Q2: USD 1,578,086,571 · 12 holders · USD 112.61
- 2022 Q3: USD 1,459,049,232 · 12 holders · USD 104.50
- 2022 Q4: USD 1,822,783,756 · 11 holders · USD 134.10
- 2023 Q1: USD 1,740,376,761 · 12 holders · USD 130.31
- 2023 Q2: USD 1,997,058,994 · 11 holders · USD 145.44
- 2023 Q3: USD 1,968,957,044 · 12 holders · USD 145.02
- 2023 Q4: USD 2,331,613,192 · 12 holders · USD 170.10
- 2024 Q1: USD 3,091,148,516 · 16 holders · USD 200.30
- 2024 Q2: USD 2,075,965,939 · 16 holders · USD 202.26
- 2024 Q3: USD 2,156,444,195 · 16 holders · USD 210.86
- 2024 Q4: USD 3,019,394,275 · 16 holders · USD 239.71
- 2025 Q1: USD 1,633,526,830 · 16 holders · USD 245.30
- 2025 Q2: USD 2,292,720,429 · 16 holders · USD 289.91
- 2025 Q3: USD 2,720,638,914 · 16 holders · USD 315.43
- 2025 Q4: USD 1,700,788,544 · 16 holders · USD 322.22
- 2026 Q1: USD 1,602,001,763 · 16 holders · USD 294.16
- 2026 Q2: USD 1,721,145,866 · 15 holders · USD 327.33
- 2026 Q3: USD 42,747,000 · 1 holder · USD 330.83