Stocktoria

BANK OF AMERICA CORP /DE/ BAC

NYSE · stock · National Commercial Banks · website · IPO 1979-06-05

BANK OF AMERICA CORP /DE/ statistics & valuation

Market cap$410.8B
P / E13.5×
P / S3.6×
P / B1.4×
Net margin27.0%
Return on equity10.1%
Net debt$317.8B
Enterprise value USD$728.6B
Graham number -10.2%$58.18

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($58.18); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
21.30% 20.90% 30.90% 30.10% 20.90% 35.90% 29.00% 25.60% 25.50% 27.00% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
6.70% 6.80% 10.60% 10.40% 6.60% 11.80% 10.10% 9.10% 9.20% 10.10% 2016201720182019202020212022202320242025
Shares outstanding
11.05B 10.78B 10.24B 9.44B 8.80B 8.56B 8.17B 8.08B 7.94B 7.68B 2016201720182019202020212022202320242025
Net debt ($)
$69.08B $69.97B $51.99B $79.30B $262.93B $280.12B $275.98B $302.20B $283.28B $317.82B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
0.80% 0.80% 1.20% 1.10% 0.60% 1.00% 0.90% 0.80% 0.80% 0.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.81× 0.85× 0.86× 0.91× 0.96× 1.04× 1.01× 1.04× 0.96× 1.05× 2016201720182019202020212022202320242025
EPS ($)
$1.49 $1.56 $2.61 $2.75 $1.87 $3.57 $3.19 $3.05 $3.19 $3.81 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

BANK OF AMERICA CORP /DE/ trades at about 17× earnings — above its 10-year norm (10-year range 10.9×–20.5×, median 14×).

10.9× 20.5×

Shaded band = 10-year range (10.9×–20.5×); dot = today's 17×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin27.0%25.5%25.6%29.0%35.9%20.9%30.1%30.9%20.9%21.3%
Return on assets0.9%0.8%0.8%0.9%1.0%0.6%1.1%1.2%0.8%0.8%
Return on equity10.1%9.2%9.1%10.1%11.8%6.6%10.4%10.6%6.8%6.7%
Debt / equity1.05×0.96×1.04×1.01×1.04×0.96×0.91×0.86×0.85×0.81×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.