Last 47 quarters of trend data · Financial Services · Banks - Diversified
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Bank of America Corporation's quarterly P/E stands at 14.2x, up 5.8% year-over-year. EV/EBITDA has compressed 38.1% YoY to 14.3x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 14.03 | 14.18 | 12.17 | 13.29 | 11.59 | 13.40 | 12.25 | 11.98 | 12.47 | 24.05 | 7.61 | 8.15 | 7.61 |
| — | +5.8% | -0.6% | +11.0% | -7.1% | -44.3% | +61.0% | +47.0% | +64.0% | +146.9% | -18.4% | -23.5% | -40.9% | |
| P/S Ratio | 2.16 | 2.21 | 2.04 | 1.94 | 1.73 | 1.84 | 1.60 | 1.63 | 1.58 | 1.56 | 1.24 | 1.34 | 1.45 |
| — | +20.6% | +27.2% | +18.9% | +8.9% | +18.0% | +28.9% | +22.1% | +9.6% | -19.6% | -38.7% | -47.0% | -58.0% | |
| P/B Ratio | 1.33 | 1.37 | 1.29 | 1.21 | 1.10 | 1.17 | 1.06 | 1.08 | 1.04 | 0.93 | 0.77 | 0.82 | 0.84 |
| — | +17.4% | +22.3% | +12.2% | +5.7% | +25.3% | +37.3% | +31.7% | +24.2% | -5.9% | -15.8% | -13.3% | -34.1% | |
| P/FCF | 32.34 | — | 2.10 | — | — | 3.33 | — | 4.37 | — | 2.07 | 4.70 | 4.92 | — |
| — | — | — | — | — | +60.4% | — | -11.1% | — | -4.8% | +0.3% | — | — | |
| EV / EBITDA | 14.80 | 14.27 | 21.28 | 25.62 | 22.03 | 23.04 | 23.60 | 21.18 | 20.78 | 37.54 | 14.30 | 13.64 | 13.06 |
| — | -38.1% | -9.8% | +20.9% | +6.1% | -38.6% | +65.0% | +55.3% | +59.1% | +137.4% | -6.8% | -27.7% | -24.2% | |
| EV / EBIT | 15.54 | 14.27 | 22.60 | 27.56 | 23.57 | 24.85 | 25.37 | 22.71 | 22.31 | 43.87 | 15.21 | 14.50 | 13.78 |
| — | -42.6% | -10.9% | +21.4% | +5.6% | -43.3% | +66.7% | +56.6% | +61.9% | +160.9% | -6.4% | -28.2% | -24.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Bank of America Corporation's operating margin was 20.5% in Q4 2025, up 0.9 pp QoQ and up 5.4 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 18.5% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 13.5% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.4% | 57.7% | 55.6% | 53.3% | 55.1% | 50.9% | 48.7% | 49.2% | 51.0% | 47.8% | 53.9% | 55.5% | 62.6% |
| — | +13.5% | +14.1% | +8.4% | +8.1% | +6.5% | -9.6% | -11.3% | -18.6% | -28.8% | -30.7% | -36.9% | -33.8% | |
| Operating Margin | 18.5% | 20.5% | 19.6% | 16.5% | 17.3% | 15.1% | 15.0% | 15.6% | 15.1% | 7.2% | 18.2% | 18.5% | 22.5% |
| — | +35.6% | +30.8% | +5.8% | +14.3% | +111.4% | -17.8% | -15.9% | -32.7% | -68.3% | -33.3% | -32.3% | -30.0% | |
| Net Margin | 16.2% | 16.3% | 17.6% | 15.2% | 15.7% | 14.2% | 14.1% | 14.2% | 13.9% | 7.2% | 17.6% | 17.1% | 20.2% |
| — | +14.9% | +24.5% | +7.3% | +13.4% | +97.0% | -19.7% | -16.8% | -31.2% | -64.7% | -24.7% | -31.1% | -29.9% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.2% | 2.5% | 2.8% | 2.4% | 2.5% | 2.3% | 2.3% | 2.3% | 2.3% | 1.1% | 2.7% | 2.6% | 2.9% |
| — | +11.8% | +20.1% | +1.8% | +9.7% | +107.2% | -14.6% | -10.7% | -22.7% | -58.7% | +4.0% | +12.7% | +12.0% | |
| ROA | 0.9% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.1% | 0.2% | 0.2% | 0.3% |
| — | +10.9% | +18.1% | -0.8% | +8.2% | +103.8% | -15.7% | -9.9% | -20.9% | -57.4% | +8.6% | +19.2% | +18.4% | |
| ROIC | 3.2% | 0.9% | 0.7% | 0.6% | 0.6% | 0.5% | 0.5% | 0.6% | 0.6% | 0.3% | 0.7% | 0.7% | 0.8% |
| — | +59.8% | +26.0% | -4.5% | +5.9% | +109.7% | -18.7% | -11.6% | -27.0% | -66.5% | -16.7% | -0.7% | +4.8% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Bank of America Corporation's Debt/EBITDA ratio is 38.0x, down from 70.5x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 36.9% YoY to 0.42x, strengthening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.21 | 1.21 | 2.33 | 2.54 | 2.44 | 2.23 | 2.47 | 2.38 | 2.27 | 2.12 | 2.20 | 2.17 | 2.34 |
| — | -45.8% | -5.9% | +6.8% | +7.8% | +5.1% | +12.5% | +9.4% | -3.1% | +16.2% | +17.2% | +15.2% | +20.2% | |
| Debt / EBITDA | 9.99 | 38.03 | 70.50 | 92.00 | 83.13 | 85.88 | 93.14 | 86.27 | 85.24 | 169.32 | 73.30 | 72.06 | 68.27 |
| — | -55.7% | -24.3% | +6.7% | -2.5% | -49.3% | +27.1% | +19.7% | +24.9% | +185.3% | +27.4% | +4.8% | +10.3% | |
| Current Ratio | 0.42 | 0.42 | 0.41 | 0.30 | 0.30 | 0.30 | 0.29 | 0.30 | 0.30 | 0.30 | 0.24 | 0.24 | 0.19 |
| — | +36.9% | +40.6% | +0.5% | -1.0% | +0.9% | +21.6% | +23.6% | +59.5% | +37.4% | +13.9% | +7.2% | -24.6% | |
| Quick Ratio | 0.42 | 0.42 | 0.41 | 0.30 | 0.30 | 0.30 | 0.29 | 0.30 | 0.30 | 0.30 | 0.24 | 0.24 | 0.19 |
| — | +36.9% | +40.6% | +0.5% | -1.0% | +0.9% | +21.6% | +23.6% | +59.5% | +37.4% | +13.9% | +7.2% | -24.6% | |
| Interest Coverage | 0.44 | 0.52 | 0.47 | 0.38 | 0.41 | 0.33 | 0.31 | 0.33 | 0.33 | 0.14 | 0.42 | 0.44 | 0.64 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Bank of America Corporation's current P/E is 14.0x. The average P/E over the last 4 quarters is 12.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Bank of America Corporation's current operating margin is 18.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Bank of America Corporation's business trajectory between earnings reports.