RJF · Raymond James Financial Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.26B | $4.18B | $3.84B | $3.85B | $4.04B | $3.76B | $3.64B | $3.52B | $3.29B | $3.16B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | - | - | $563.00M | $671.00M | $749.00M | $644.00M | $609.00M | $630.00M | $486.00M | $557.00M |
| Interest Expense | - | - | - | - | - | - | $520.00M | $507.00M | $386.00M | $284.00M |
| Income Tax | $191.00M | $165.00M | $127.00M | $176.00M | $149.00M | $152.00M | $133.00M | $132.00M | $117.00M | $130.00M |
| Net Income | $544.00M | $563.00M | $436.00M | $495.00M | $600.00M | $492.00M | $476.00M | $498.00M | $369.00M | $427.00M |
| EPS - Basic | $2.76 | $2.85 | $2.16 | $2.41 | $2.94 | $2.37 | $2.27 | $2.38 | $1.75 | $1.97 |
| EPS - Diluted | $2.72 | $2.79 | $2.12 | $2.36 | $2.86 | $2.31 | $2.22 | $2.32 | $1.71 | $1.93 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.22B | $9.89B | $11.39B | $9.66B | $10.05B | $11.00B | $10.00B | $10.21B | $9.31B | $8.66B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $91.94B | $88.76B | $88.23B | $83.13B | $82.28B | $82.99B | $81.23B | $80.13B | $78.36B | $79.18B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $79.33B | $76.19B | $75.73B | $70.91B | $70.35B | $71.33B | $70.25B | $69.35B | $68.17B | $69.21B |
| Stockholders' Equity | $12.57B | $12.57B | $12.50B | $12.21B | $11.92B | $11.67B | $10.98B | $10.79B | $10.21B | $9.99B |
| Retained Earnings | $14.49B | $14.05B | $13.60B | $12.77B | $12.38B | $11.89B | $10.99B | $10.61B | $10.21B | $9.59B |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($10.00M) | - | - | $830.00M | - | - | $543.00M | - | - |
| Investing Cash Flow | - | ($1.86B) | - | - | ($937.00M) | - | - | ($176.00M) | - | - |
| Financing Cash Flow | - | $629.00M | - | - | ($447.00M) | - | - | $907.00M | - | - |
| CapEx | - | $46.00M | - | - | $41.00M | - | - | $50.00M | - | - |
| Free Cash Flow | - | ($56.00M) | - | - | $789.00M | - | - | $493.00M | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | 14.7% | 17.5% | 18.6% | 17.1% | 16.7% | 17.9% | 14.8% | 17.6% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 12.8% | 13.5% | 11.3% | 12.9% | 14.9% | 13.1% | 13.1% | 14.1% | 11.2% | 13.5% |
| Free cash flow margin | - | -1.3% | - | - | 19.6% | - | - | 14.0% | - | - |
| FCF / Net income | - | -0.10 | - | - | 1.31 | - | - | 0.99 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 26.0% | 22.7% | 22.6% | 26.2% | 19.9% | 23.6% | 21.8% | 21.0% | 24.1% | 23.3% |
| Return on assets | 0.6% | 0.6% | 0.5% | 0.6% | 0.7% | 0.6% | 0.6% | 0.6% | 0.5% | 0.5% |
| Return on equity | 4.3% | 4.5% | 3.5% | 4.1% | 5.0% | 4.2% | 4.3% | 4.6% | 3.6% | 4.3% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | 1.2x | 1.2x | 1.3x | 2.0x |
| Equity multiplier | 7.32 | 7.06 | 7.06 | 6.81 | 6.90 | 7.11 | 7.40 | 7.43 | 7.67 | 7.92 |
| Liabilities / Assets | 0.86 | 0.86 | 0.86 | 0.85 | 0.86 | 0.86 | 0.86 | 0.87 | 0.87 | 0.87 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 53.2x | 57.6x | 81.4x | 58.9x | 54.3x | 53.0x | 57.8x | 48.1x | 58.7x | 48.3x |
| P / B | 2.3x | 2.6x | 2.8x | 2.4x | 2.7x | 2.2x | 2.5x | 2.2x | 2.1x | 2.0x |
| P / S | 6.8x | 7.7x | 9.2x | 7.5x | 8.1x | 6.9x | 7.5x | 6.8x | 6.6x | 6.5x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 10.8% | 3.5% | 2.1% | 5.7% | 14.6% | 14.2% | 15.2% | 16.3% | 18.5% | 16.5% |
| Revenue CAGR (3y) | 10.5% | 11.3% | 11.4% | 12.4% | 12.7% | 14.4% | 14.7% | 15.9% | 20.6% | 14.4% |
| Revenue CAGR (5y) | 12.1% | 13.1% | 15.4% | 12.7% | 14.4% | 13.5% | 13.5% | 11.9% | 11.7% | 11.2% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | -12.6% | 10.2% | 18.9% | 32.5% | 9.3% | -3.4% | 17.1% | 28.6% |
| Net income growth (YoY) | 9.9% | -6.2% | -11.4% | 4.0% | 20.5% | 33.3% | 11.5% | -2.2% | 22.6% | 32.2% |
| EPS growth (YoY) | 15.3% | -2.4% | -8.2% | 6.3% | 23.3% | 35.1% | 15.0% | 0.9% | 23.9% | 27.0% |
| EPS CAGR (3y) | 12.1% | 6.6% | 15.4% | 15.8% | 10.8% | 1.9% | -4.0% | 1.3% | 11.6% | 17.2% |
| EPS CAGR (5y) | 1.6% | 4.6% | 11.5% | 14.5% | 8.6% | 5.1% | 4.2% | 6.5% | 2.0% | 3.4% |
| FCF growth (YoY) | - | - | - | - | 60.0% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | 9.1% | - | - | 4.5% | - | - |
| Book value growth (YoY) | 2.9% | 5.4% | 7.1% | 11.2% | 10.5% | 14.3% | 9.9% | 9.5% | 8.0% | 16.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$18.49B totalPrivate Client Group$10.28B · 55.6%
Rj Bank$3.38B · 18.3%
Capital Markets$1.87B · 10.1%
Bank Segment$1.78B · 9.6%
Asset Management Segment$1.19B · 6.4%
Geographic
$14.06B totalUS$12.87B · 91.5%
CA$645.00M · 4.6%
Europe$549.00M · 3.9%
Peer comparison
Same SIC group: Security Brokers, Dealers & Flotation Companies
Comparing RAYMOND JAMES FINANCIAL INC against the 5 most active filers in the same SIC group.
Dividends
$2.08/share trailing 12 months · +9.5% YoY
| Ex-date | Per share |
|---|---|
| Apr 1, 2026 | $0.5400 |
| Jan 2, 2026 | $0.5400 |
| Oct 1, 2025 | $0.5000 |
| Jul 1, 2025 | $0.5000 |
| Apr 1, 2025 | $0.5000 |
| Jan 2, 2025 | $0.5000 |
| Oct 1, 2024 | $0.4500 |
| Jul 1, 2024 | $0.4500 |
| Mar 28, 2024 | $0.4500 |
| Dec 29, 2023 | $0.4500 |
| Sep 29, 2023 | $0.4200 |
| Jun 30, 2023 | $0.4200 |
| Mar 31, 2023 | $0.4200 |
| Dec 30, 2022 | $0.4200 |
| Sep 30, 2022 | $0.3400 |
| Jun 30, 2022 | $0.3400 |
| Apr 1, 2022 | $0.3400 |
| Jan 3, 2022 | $0.3400 |
| Sep 30, 2021 | $0.2600 |
| Jun 30, 2021 | $0.2600 |
| Mar 31, 2021 | $0.2600 |
| Jan 4, 2021 | $0.2600 |
| Sep 30, 2020 | $0.2467 |
| Jun 30, 2020 | $0.2467 |