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EQ
CABA logo
CABA
IMVT logo
IMVT
ARQT logo
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JPM
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Stock Comparison

EQ vs CABA vs IMVT vs ARQT vs JPM

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
EQ
Equillium, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$271M
5Y Perf.-4.7%
CABA
Cabaletta Bio, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$491M
5Y Perf.-73.0%
IMVT
Immunovant, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$6.90B
5Y Perf.+38.1%
ARQT
Arcutis Biotherapeutics, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$3.05B
5Y Perf.-19.4%
JPM
JPMorgan Chase & Co.

Banks - Diversified

Financial ServicesNYSE • US
Market Cap$896.00B
5Y Perf.+241.0%

EQ vs CABA vs IMVT vs ARQT vs JPM — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
EQ logoEQ
CABA logoCABA
IMVT logoIMVT
ARQT logoARQT
JPM logoJPM
IndustryBiotechnologyBiotechnologyBiotechnologyBiotechnologyBanks - Diversified
Market Cap$271M$491M$6.90B$3.05B$896.00B
Revenue (TTM)$0.00$0.00$0.00$416M$280.33B
Net Income (TTM)$-19M$-175M$-506M$-2M$57.05B
Gross Margin90.9%60.0%
Operating Margin0.8%25.9%
Forward P/E122.5x14.4x
Total Debt$719K$27M$72K$6M$942.38B
Cash & Equiv.$30M$83M$902M$43M$343.34B

EQ vs CABA vs IMVT vs ARQT vs JPMLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

EQ
CABA
IMVT
ARQT
JPM
StockJun 20Jun 26Return
Equillium, Inc. (EQ)10095.3-4.7%
Cabaletta Bio, Inc. (CABA)10027.0-73.0%
Immunovant, Inc. (IMVT)100138.1+38.1%
Arcutis Biotherapeu… (ARQT)10080.6-19.4%
JPMorgan Chase & Co. (JPM)100341.0+241.0%

Price return only. Dividends and distributions are not included.

Quick Verdict: EQ vs CABA vs IMVT vs ARQT vs JPM

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: JPM leads in 4 of 7 categories (5-stock set), making it the strongest pick for valuation and capital efficiency and profitability and margin quality. Equillium, Inc. is the stronger pick specifically for capital preservation and lower volatility and recent price momentum and sentiment. ARQT also leads in specific categories worth noting. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
🥇JPM emerged as the overall leader. Track its performance:
EQ
Equillium, Inc.
The Defensive Pick

EQ is the #2 pick in this set and the best alternative if sleep-well-at-night and defensive is your priority.

  • Lower volatility, beta 0.58, Low D/E 2.5%, current ratio 10.32x
  • Beta 0.58, current ratio 10.32x
  • Beta 0.58 vs CABA's 2.02, lower leverage
  • +6.3% vs JPM's +21.8%
Best for: sleep-well-at-night and defensive
CABA
Cabaletta Bio, Inc.
The Healthcare Pick

CABA lags the leaders in this set but could rank higher in a more targeted comparison.

Best for: healthcare exposure
IMVT
Immunovant, Inc.
The Healthcare Pick

Among these 5 stocks, IMVT doesn't own a clear edge in any measured category.

Best for: healthcare exposure
ARQT
Arcutis Biotherapeutics, Inc.
The Growth Play

ARQT ranks third and is worth considering specifically for growth exposure.

  • Rev growth 91.3%, EPS growth 88.8%, 3Y rev CAGR 367.3%
  • 91.3% revenue growth vs EQ's -100.0%
Best for: growth exposure
JPM
JPMorgan Chase & Co.
The Banking Pick

JPM carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.

  • Dividend streak 15 yrs, beta 0.94, yield 1.9%
  • 465.8% 10Y total return vs IMVT's 237.9%
  • Lower P/E (14.4x vs 122.5x)
  • 20.4% margin vs ARQT's -0.6%
Best for: income & stability and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthARQT logoARQT91.3% revenue growth vs EQ's -100.0%
ValueJPM logoJPMLower P/E (14.4x vs 122.5x)
Quality / MarginsJPM logoJPM20.4% margin vs ARQT's -0.6%
Stability / SafetyEQ logoEQBeta 0.58 vs CABA's 2.02, lower leverage
DividendsJPM logoJPM1.9% yield; 15-year raise streak; the other 4 pay no meaningful dividend
Momentum (1Y)EQ logoEQ+6.3% vs JPM's +21.8%
Efficiency (ROA)JPM logoJPM1.3% ROA vs CABA's -96.5%, ROIC 4.5% vs -429.6%

EQ vs CABA vs IMVT vs ARQT vs JPM — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

EQEquillium, Inc.

Segment breakdown not available.

CABACabaletta Bio, Inc.

Segment breakdown not available.

IMVTImmunovant, Inc.

Segment breakdown not available.

ARQTArcutis Biotherapeutics, Inc.
FY 2023
Other Revenue
51.0%$30M
Product
49.0%$29M
JPMJPMorgan Chase & Co.
FY 2025
Commercial And Investment Bank
43.0%$78.5B
Consumer & Community Banking
41.7%$76.0B
Asset and Wealth Management Segment
13.2%$24.1B
Segment Reporting, Reconciling Item, Corporate Nonsegment
3.9%$7.0B
Segment Reconciling Items
-1.7%$-3,134,000,000

EQ vs CABA vs IMVT vs ARQT vs JPM — Financial Metrics

Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLJPMLAGGINGARQT

Income & Cash Flow (Last 12 Months)

JPM leads this category, winning 3 of 5 comparable metrics.

JPM and IMVT operate at a comparable scale, with $280.3B and $0 in trailing revenue. JPM is the more profitable business, keeping 20.4% of every revenue dollar as net income compared to ARQT's -0.6%.

MetricEQ logoEQEquillium, Inc.CABA logoCABACabaletta Bio, In…IMVT logoIMVTImmunovant, Inc.ARQT logoARQTArcutis Biotherap…JPM logoJPMJPMorgan Chase & …
RevenueTrailing 12 months$0$0$0$416M$280.3B
EBITDAEarnings before interest/tax-$20M-$178M-$532M$6M$81.4B
Net IncomeAfter-tax profit-$19M-$175M-$506M-$2M$57.0B
Free Cash FlowCash after capex-$19M-$143M-$407M$27M$100.9B
Gross MarginGross profit ÷ Revenue+90.9%+60.0%
Operating MarginEBIT ÷ Revenue+0.8%+25.9%
Net MarginNet income ÷ Revenue-0.6%+20.4%
FCF MarginFCF ÷ Revenue+6.5%+36.0%
Rev. Growth (YoY)Latest quarter vs prior year+60.1%
EPS Growth (YoY)Latest quarter vs prior year+77.0%+46.6%-14.1%+55.0%+16.0%
JPM leads this category, winning 3 of 5 comparable metrics.

Valuation Metrics

JPM leads this category, winning 3 of 4 comparable metrics.
MetricEQ logoEQEquillium, Inc.CABA logoCABACabaletta Bio, In…IMVT logoIMVTImmunovant, Inc.ARQT logoARQTArcutis Biotherap…JPM logoJPMJPMorgan Chase & …
Market CapShares × price$271M$491M$6.9B$3.0B$896.0B
Enterprise ValueMkt cap + debt − cash$241M$435M$6.0B$3.0B$1.50T
Trailing P/EPrice ÷ TTM EPS-7.21x-1.84x-12.14x-187.54x16.00x
Forward P/EPrice ÷ next-FY EPS est.122.45x14.40x
PEG RatioP/E ÷ EPS growth rate0.90x
EV / EBITDAEnterprise value multiple18.36x
Price / SalesMarket cap ÷ Revenue8.11x3.20x
Price / BookPrice ÷ Book value/share9.03x2.75x7.19x16.37x2.47x
Price / FCFMarket cap ÷ FCF8.88x
JPM leads this category, winning 3 of 4 comparable metrics.

Profitability & Efficiency

JPM leads this category, winning 5 of 9 comparable metrics.

JPM delivers a 15.9% return on equity — every $100 of shareholder capital generates $16 in annual profit, vs $-132 for CABA. IMVT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to JPM's 2.60x. On the Piotroski fundamental quality scale (0–9), JPM scores 5/9 vs CABA's 1/9, reflecting solid financial health.

MetricEQ logoEQEquillium, Inc.CABA logoCABACabaletta Bio, In…IMVT logoIMVTImmunovant, Inc.ARQT logoARQTArcutis Biotherap…JPM logoJPMJPMorgan Chase & …
ROE (TTM)Return on equity-61.4%-131.6%-68.2%-1.4%+15.9%
ROA (TTM)Return on assets-53.7%-96.5%-62.2%-0.6%+1.3%
ROICReturn on invested capital-88.8%-4.3%-5.2%+4.5%
ROCEReturn on capital employed-98.1%-126.2%-68.3%-4.3%+8.9%
Piotroski ScoreFundamental quality 0–911245
Debt / EquityFinancial leverage0.03x0.24x0.00x0.03x2.60x
Net DebtTotal debt minus cash-$30M-$56M-$902M-$37M$599.0B
Cash & Equiv.Liquid assets$30M$83M$902M$43M$343.3B
Total DebtShort + long-term debt$719,000$27M$72,000$6M$942.4B
Interest CoverageEBIT ÷ Interest expense-73.78x2.08x0.74x
JPM leads this category, winning 5 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

EQ leads this category, winning 4 of 6 comparable metrics.

A $10,000 investment in IMVT five years ago would be worth $31,304 today (with dividends reinvested), compared to $3,583 for CABA. Over the past 12 months, EQ leads with a +627.0% total return vs JPM's +21.8%. The 3-year compound annual growth rate (CAGR) favors EQ at 58.2% vs CABA's -37.5% — a key indicator of consistent wealth creation.

MetricEQ logoEQEquillium, Inc.CABA logoCABACabaletta Bio, In…IMVT logoIMVTImmunovant, Inc.ARQT logoARQTArcutis Biotherap…JPM logoJPMJPMorgan Chase & …
YTD ReturnYear-to-date+83.7%+36.2%+29.8%-15.9%-0.5%
1-Year ReturnPast 12 months+627.0%+67.2%+110.9%+80.6%+21.8%
3-Year ReturnCumulative with dividends+295.8%-75.6%+55.0%+138.8%+138.2%
5-Year ReturnCumulative with dividends-53.1%-64.2%+213.0%-16.2%+118.2%
10-Year ReturnCumulative with dividends-79.9%-69.9%+237.9%+11.8%+465.8%
CAGR (3Y)Annualised 3-year return+58.2%-37.5%+15.7%+33.7%+33.6%
EQ leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

Evenly matched — EQ and JPM each lead in 1 of 2 comparable metrics.

EQ is the less volatile stock with a 0.58 beta — it tends to amplify market swings less than CABA's 2.02 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. JPM currently trades 95.1% from its 52-week high vs CABA's 71.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricEQ logoEQEquillium, Inc.CABA logoCABACabaletta Bio, In…IMVT logoIMVTImmunovant, Inc.ARQT logoARQTArcutis Biotherap…JPM logoJPMJPMorgan Chase & …
Beta (5Y)Sensitivity to S&P 5000.58x2.02x1.66x1.45x0.94x
52-Week HighHighest price in past year$3.43$4.23$36.27$31.77$337.25
52-Week LowLowest price in past year$0.27$1.26$14.32$12.72$262.71
% of 52W HighCurrent price vs 52-week peak+81.9%+71.2%+92.7%+76.7%+95.1%
RSI (14)Momentum oscillator 0–10056.735.957.966.459.1
Avg Volume (50D)Average daily shares traded565K3.6M1.9M1.5M7.0M
Evenly matched — EQ and JPM each lead in 1 of 2 comparable metrics.

Analyst Outlook

JPM leads this category, winning 1 of 1 comparable metric.

Analyst consensus: EQ as "Buy", CABA as "Buy", IMVT as "Buy", ARQT as "Buy", JPM as "Buy". Consensus price targets imply 442.5% upside for CABA (target: $16) vs 5.9% for JPM (target: $340). JPM is the only dividend payer here at 1.86% yield — a key consideration for income-focused portfolios.

MetricEQ logoEQEquillium, Inc.CABA logoCABACabaletta Bio, In…IMVT logoIMVTImmunovant, Inc.ARQT logoARQTArcutis Biotherap…JPM logoJPMJPMorgan Chase & …
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuyBuy
Price TargetConsensus 12-month target$6.25$16.33$43.67$34.00$339.75
# AnalystsCovering analysts1212231261
Dividend YieldAnnual dividend ÷ price+1.9%
Dividend StreakConsecutive years of raises115
Dividend / ShareAnnual DPS$5.95
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%0.0%0.0%+3.9%
JPM leads this category, winning 1 of 1 comparable metric.
Key Takeaway

JPM leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). EQ leads in 1 (Total Returns). 1 tied.

Best OverallJPMorgan Chase & Co. (JPM)Leads 4 of 6 categories
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EQ vs CABA vs IMVT vs ARQT vs JPM: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is EQ or CABA or IMVT or ARQT or JPM a better buy right now?

For growth investors, Arcutis Biotherapeutics, Inc.

(ARQT) is the stronger pick with 91. 3% revenue growth year-over-year, versus -100. 0% for Equillium, Inc. (EQ). JPMorgan Chase & Co. (JPM) offers the better valuation at 16. 0x trailing P/E (14. 4x forward), making it the more compelling value choice. Analysts rate Equillium, Inc. (EQ) a "Buy" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — EQ or CABA or IMVT or ARQT or JPM?

On forward P/E, JPMorgan Chase & Co.

is actually cheaper at 14. 4x.

03

Which is the better long-term investment — EQ or CABA or IMVT or ARQT or JPM?

Over the past 5 years, Immunovant, Inc.

(IMVT) delivered a total return of +213. 0%, compared to -64. 2% for Cabaletta Bio, Inc. (CABA). Over 10 years, the gap is even starker: JPM returned +465. 8% versus EQ's -79. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — EQ or CABA or IMVT or ARQT or JPM?

By beta (market sensitivity over 5 years), Equillium, Inc.

(EQ) is the lower-risk stock at 0. 58β versus Cabaletta Bio, Inc. 's 2. 02β — meaning CABA is approximately 246% more volatile than EQ relative to the S&P 500. On balance sheet safety, Immunovant, Inc. (IMVT) carries a lower debt/equity ratio of 0% versus 3% for JPMorgan Chase & Co. — giving it more financial flexibility in a downturn.

05

Which is growing faster — EQ or CABA or IMVT or ARQT or JPM?

By revenue growth (latest reported year), Arcutis Biotherapeutics, Inc.

(ARQT) is pulling ahead at 91. 3% versus -100. 0% for Equillium, Inc. (EQ). On earnings-per-share growth, the picture is similar: Arcutis Biotherapeutics, Inc. grew EPS 88. 8% year-over-year, compared to -69. 6% for Equillium, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — EQ or CABA or IMVT or ARQT or JPM?

JPMorgan Chase & Co.

(JPM) is the more profitable company, earning 20. 4% net margin versus -4. 3% for Arcutis Biotherapeutics, Inc. — meaning it keeps 20. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: JPM leads at 26. 0% versus -3. 3% for ARQT. At the gross margin level — before operating expenses — ARQT leads at 90. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is EQ or CABA or IMVT or ARQT or JPM more undervalued right now?

On forward earnings alone, JPMorgan Chase & Co.

(JPM) trades at 14. 4x forward P/E versus 122. 5x for Arcutis Biotherapeutics, Inc. — 108. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CABA: 442. 5% to $16. 33.

08

Which pays a better dividend — EQ or CABA or IMVT or ARQT or JPM?

In this comparison, JPM (1.

9% yield) pays a dividend. EQ, CABA, IMVT, ARQT do not pay a meaningful dividend and should not be held primarily for income.

09

Is EQ or CABA or IMVT or ARQT or JPM better for a retirement portfolio?

For long-horizon retirement investors, JPMorgan Chase & Co.

(JPM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 94), 1. 9% yield, +465. 8% 10Y return). Cabaletta Bio, Inc. (CABA) carries a higher beta of 2. 02 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (JPM: +465. 8%, CABA: -69. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between EQ and CABA and IMVT and ARQT and JPM?

These companies operate in different sectors (EQ (Healthcare) and CABA (Healthcare) and IMVT (Healthcare) and ARQT (Healthcare) and JPM (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: EQ is a small-cap quality compounder stock; CABA is a small-cap quality compounder stock; IMVT is a small-cap quality compounder stock; ARQT is a small-cap high-growth stock; JPM is a large-cap deep-value stock. JPM pays a dividend while EQ, CABA, IMVT, ARQT do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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