vs

Side-by-side financial comparison of JinkoSolar Holding Co., Ltd. (JKS) and M&T Bank (MTB). Click either name above to swap in a different company.

JinkoSolar Holding Co., Ltd. is the larger business by last-quarter revenue ($2.5B vs $2.5B, roughly 1.0× M&T Bank). Over the past eight quarters, M&T Bank's revenue compounded faster (4.6% CAGR vs -23.1%).

JinkoSolar Holding Co., Ltd. is a solar module manufacturer headquartered in Shanghai, China, and listed on the New York Stock Exchange since 2010. Its subsidiary Jinko Solar Co., Ltd. was listed on the Shanghai Stock Exchange's Science and Technology Innovation Board in 2022.

M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York. It operates 950+ branches in 12 states and Washington D.C. across the Eastern United States, from Maine to Virginia. Until May 1998, the bank's holding company was named First Empire State Corporation.

JKS vs MTB — Head-to-Head

Bigger by revenue
JKS
JKS
1.0× larger
JKS
$2.5B
$2.5B
MTB
Faster 2-yr revenue CAGR
MTB
MTB
Annualised
MTB
4.6%
-23.1%
JKS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
JKS
JKS
MTB
MTB
Revenue
$2.5B
$2.5B
Net Profit
$759.0M
Gross Margin
0.3%
Operating Margin
39.2%
Net Margin
30.7%
Revenue YoY
3.8%
Net Profit YoY
11.5%
EPS (diluted)
$4.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
JKS
JKS
MTB
MTB
Q2 26
$2.5B
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.3B
$2.4B
Q1 25
$1.9B
$2.3B
Q4 24
$2.4B
Q3 24
$3.5B
$2.3B
Q2 24
$3.3B
$2.3B
Net Profit
JKS
JKS
MTB
MTB
Q2 26
Q4 25
$759.0M
Q3 25
$792.0M
Q2 25
$716.0M
Q1 25
$584.0M
Q4 24
$681.0M
Q3 24
$721.0M
Q2 24
$655.0M
Gross Margin
JKS
JKS
MTB
MTB
Q2 26
0.3%
Q4 25
Q3 25
Q2 25
7.3%
Q1 25
Q4 24
Q3 24
15.7%
Q2 24
11.1%
Operating Margin
JKS
JKS
MTB
MTB
Q2 26
Q4 25
39.2%
Q3 25
40.8%
Q2 25
39.0%
Q1 25
33.0%
Q4 24
37.0%
Q3 24
39.0%
Q2 24
37.1%
Net Margin
JKS
JKS
MTB
MTB
Q2 26
Q4 25
30.7%
Q3 25
31.5%
Q2 25
29.9%
Q1 25
25.3%
Q4 24
28.6%
Q3 24
30.9%
Q2 24
28.5%
EPS (diluted)
JKS
JKS
MTB
MTB
Q2 26
Q4 25
$4.62
Q3 25
$4.82
Q2 25
$4.24
Q1 25
$3.32
Q4 24
$3.87
Q3 24
$4.02
Q2 24
$3.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
JKS
JKS
MTB
MTB
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$10.9B
Stockholders' EquityBook value
$29.2B
Total Assets
$213.5B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Total Debt
JKS
JKS
MTB
MTB
Q2 26
Q4 25
$10.9B
Q3 25
$12.9B
Q2 25
$12.4B
Q1 25
$10.5B
Q4 24
$12.6B
Q3 24
$11.6B
Q2 24
$11.3B
Stockholders' Equity
JKS
JKS
MTB
MTB
Q2 26
Q4 25
$29.2B
Q3 25
$28.7B
Q2 25
$28.5B
Q1 25
$29.0B
Q4 24
$29.0B
Q3 24
$28.9B
Q2 24
$28.4B
Total Assets
JKS
JKS
MTB
MTB
Q2 26
Q4 25
$213.5B
Q3 25
$211.3B
Q2 25
$211.6B
Q1 25
$210.3B
Q4 24
$208.1B
Q3 24
$211.8B
Q2 24
$208.9B
Debt / Equity
JKS
JKS
MTB
MTB
Q2 26
Q4 25
0.37×
Q3 25
0.45×
Q2 25
0.43×
Q1 25
0.36×
Q4 24
0.43×
Q3 24
0.40×
Q2 24
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
JKS
JKS
MTB
MTB
Operating Cash FlowLast quarter
$3.0B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JKS
JKS
MTB
MTB
Q2 26
Q4 25
$3.0B
Q3 25
$1.0B
Q2 25
$844.0M
Q1 25
$635.0M
Q4 24
$3.6B
Q3 24
$-28.0M
Q2 24
$1.4B
Cash Conversion
JKS
JKS
MTB
MTB
Q2 26
Q4 25
3.96×
Q3 25
1.26×
Q2 25
1.18×
Q1 25
1.09×
Q4 24
5.30×
Q3 24
-0.04×
Q2 24
2.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons