COMP <GO>
UPST vs JPM // ALTMAN Z-SCORE & DEBT/EQUITY
Upstart Holdings Inc. (NASDAQ) VS. JPMorgan Chase & Co. (NYSE) • 15-METRIC TALLY: UPST 4
— JPM 10
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: UPST
LAST: $23.02 (-7.33%) • MKT CAP: $2.42B
balance-sheet
1.07
LAST: $337.04 (-1.90%) • MKT CAP: $895.92B
balance-sheet
0.37
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (UPST VS. JPM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | UPST | JPM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.20% | 17.37% | -14.17 | JPM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 62.4x | 9.7x | +52.73 | JPM | /valuation <GO> |
| Free Cash Flow Yield | -6.13% | -18.14% | +12.01 | UPST | /fcf-yield <GO> |
| Operating Margin | 4.10% | 42.07% | -37.97 | JPM | /operating-margins <GO> |
| Net Profit Margin | 5.10% | 32.63% | -27.53 | JPM | /net-margins <GO> |
| Revenue Growth (YoY) | 64.00% | 13.53% | +50.47 | UPST | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 1.96% | -1.96 | JPM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 1.07 | 0.37 | +0.70 | UPST | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 2/9 | +3.00 | UPST | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.60% | 4.84% | +1.76 | JPM | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 43.1 | 49.0 | -5.93 | JPM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.92 | 1.00 | -0.08 | JPM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 37.9x | 13.6x | +24.33 | JPM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.42B | $895.92B | -$893.50B | JPM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | UPST REV | JPM REV | UPST GROSS % | JPM GROSS % | UPST FCF | JPM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.04B | $182.45B | 44.0% | — | -$148.1M | -$147.78B |
| FY 2024 | $636.5M | $177.56B | 44.0% | — | $185.5M | -$42.01B |
| FY 2023 | $513.6M | $158.10B | 44.0% | — | -$134.8M | $12.97B |
| FY 2022 | — | $128.69B | — | — | — | $107.12B |
| FY 2021 | — | $121.65B | — | — | — | $78.08B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
UPST // BETA 0.92
JPM // BETA 1.00