What was JPMorgan's compound annual growth rate (CAGR) since 2012?

JPMorgan's CAGR from 2012 to September 2026 was 19.6% per year. For comparison, the S&P 500 has historically averaged around 10% annually. JPMorgan significantly outperformed traditional equity markets on an annualized basis.

How does JPMorgan compare to the S&P 500 since 2012?

The same $1,000 invested in an S&P 500 index fund in 2012 would be worth approximately $7,971.77 today. JPMorgan outperformed the index by $6,108.06 — 1.77x the return of the S&P 500.

How much of the JPMorgan gain would you keep after taxes?

Sold today, the $13,079.83 gain would be a long-term capital gain for US federal tax. At the 15% rate most people pay, you'd keep about $12,117.86. At the top rate of 23.8% (20% plus the 3.8% net investment income tax) you'd keep about $10,966.83, and lower incomes pay 0%. State tax is extra, and gains inside a Roth IRA aren't taxed.

What is the inflation-adjusted return on $1,000 in JPMorgan since 2012?

Adjusted for cumulative US inflation since 2012, the real purchasing-power value of the JPMorgan position is approximately $9,916.35 in 2012 dollars. Even after inflation, this is an extraordinary real return — inflation only marginally reduces gains of this magnitude.

How did JPMorgan perform in 2012?

JPMorgan rose 32% during 2012, from $23.80 at the start of the year to $31.50 at the start of 2013.

What If You Invested $1,000 in JPMorgan in 2012?

Try your own numbers

If I had putintoat the start of…

it would be worth today

$14,080

+$13,080 profit14.1x19.6% a year

The same $1,000 in an S&P 500 index fund: $7,972

Its shares paid about $252.10 in dividends over the last 12 months.

Aftertax on the gain, you’d keep$12,118

US federal long-term rates: 15% for most people, 0% on lower incomes, 20% + 3.8% on high incomes. No state tax included; none inside a Roth IRA.

Compare with

Growth Over Time

Performance Metrics

Total Invested

$1,000.00

Current Value

$14,079.83

Total Profit

$13,079.83

Multiplier

14.1x

CAGR

19.6%

Max Drawdown

-37.1%

Inflation-Adjusted

$9,916.35

Benchmark Comparison

How does $1,000.00 invested in 2012 compare across different asset classes?

Asset	Value Today	Return
JPMorgan	$14,079.83	14.1x
S&P 500	$7,971.77	7.97x
Gold	$2,682.76	2.68x
Savings (2% APY)	$1,339.11	1.34x

Dividends

Over the last 12 months, the 42.02 shares you'd own now paid about $252.10 in dividends (about $21.01 a month). That's 25% of the $1,000 put in.

Price growth alone turned $1,000 into $9,487; reinvested dividends added the other $4,593, 35% of the gain.

Dividends from Yahoo Finance. Shares today assume every dividend was reinvested.

Back in 2012

In December 2012, Chase acquired Bloomspot, a San Francisco local-offers startup, with most of its 100-person team joining the bank. techcrunch.com
In 2012, a gallon of gas averaged $3.62, a movie ticket averaged $7.96 and the new iPhone 5 started at $199 with a two-year contract. eia.gov techcrunch.com deadline.com
During 2012 itself, JPMorgan rose 32%, #20 of the 74 investments we track. The best was Bitcoin (+152%); the worst was AMD (−54%). Full 2012 results →

$1,000 in JPMorgan, year by year

Of the 74 investments we track that were available at the start of 2012, JPMorgan ranks #25 by growth to today — just behind Texas Instruments and ahead of MicroStrategy. See the full 2012 ranking →

JPMorgan started 2012 19% below its start-of-2007 high, after falling 18% in 2011. It has been worth more than the $1,000 put in at every January since, and still is today. Today's $14,080 is more than it was worth at any January since. It rose in 11 of the 14 full years since. It has been ahead of the same $1,000 in the S&P 500 at every January since, and still is. Month by month, the deepest fall ran from Oct 2021 ($6,330) to Sep 2022 ($3,981), a drop of 37%. At its lowest month-end, in May 2012, it was worth $950.43.

When	Worth	Change	S&P 500
Start of 2012	$1,000	—	$1,000
Start of 2013	$1,324	+32%	$1,160
Start of 2014	$1,773	+34%	$1,536
Start of 2015	$1,954	+10%	$1,746
Start of 2016	$2,044	+4.6%	$1,770
Start of 2017	$2,866	+40%	$1,982
Start of 2018	$3,628	+27%	$2,414
Start of 2019	$3,414	−5.9%	$2,309
Start of 2020	$5,002	+47%	$3,036
Start of 2021	$4,624	−7.6%	$3,594
Start of 2022	$6,089	+32%	$4,626
Start of 2023	$5,249	−14%	$3,788
Start of 2024	$6,884	+31%	$4,784
Start of 2025	$9,831	+43%	$5,981
Start of 2026	$13,484	+37%	$7,050
Today	$14,080	+4.4%	$7,972

Values at the start of each year (first trading day for stocks). The S&P 500 column includes reinvested dividends, like the stock values.

Historical Context

At the start of 2012, JPMorgan was priced at $23.80 (adjusted for later splits and dividends). $1,000 would have bought about 42.02 shares. JPMorgan Chase is the largest bank in the United States by assets.

Measured from one January to the next, JPMorgan's best year since then was 2019 (+47%) and its worst was 2022 (−14%).

Frequently Asked Questions

A $1,000 investment in JPMorgan at the start of 2012 would be worth approximately $14,079.83 today — a 14.1x return ($13,079.83 profit) over 14.7 years.

Methodology & Sources

Price data: Historical prices are the closing price on the first trading day of each year, adjusted for splits and dividends (so returns assume dividends were reinvested), from Yahoo Finance and MacroTrends. Current prices come from Yahoo Finance and refresh hourly; if that source is unavailable, the last saved price is used.

Calculation: Assumes a single purchase at the start of 2012 (or the first trading day, for companies that listed that year), held until today. No transaction fees, taxes, or slippage are included.

Benchmarks: The S&P 500 comparison uses the S&P 500 Total Return index (dividends reinvested, like an index fund) at the start of2012 and today. Gold uses the price per troy ounce. Savings account assumes a 2% APY compounded annually.

Inflation adjustment: Uses U.S. CPI-U annual averages from the Bureau of Labor Statistics. The 2026 CPI value is estimated.

Educational purposes only. Past performance does not guarantee future results. Not financial advice.