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.

Price · RJF

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$15.91B	$14.92B	$12.99B	$11.31B	$9.91B	$8.17B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-
D&A	$58.00M	-	-	-	-	-
Operating Income	-	-	$2.28B	$2.02B	$1.79B	$1.05B
Interest Expense	-	-	$1.37B	$305.00M	$150.00M	$178.00M
Income Tax	$579.00M	$575.00M	$541.00M	$513.00M	$388.00M	$234.00M
Net Income	$2.13B	$2.07B	$1.74B	$1.51B	$1.40B	$818.00M
EPS - Basic	$10.53	$9.94	$8.16	$7.16	$6.81	$3.96
EPS - Diluted	$10.30	$9.70	$7.97	$6.98	$6.63	$3.89

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$11.39B	$11.00B	$9.31B	$6.18B	$7.20B	$5.39B
Accounts Receivable	-	-	-	-	-	-
Inventory	-	-	-	-	-	-
Accounts Payable	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-
Total Assets	$88.23B	$82.99B	$78.36B	$80.95B	$61.89B	$47.48B
Current Liabilities	-	-	-	-	-	-
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$75.73B	$71.33B	$68.17B	$71.52B	$53.59B	$40.31B
Stockholders' Equity	$12.50B	$11.67B	$10.21B	$9.46B	$8.24B	$7.11B
Retained Earnings	$13.60B	$11.89B	$10.21B	$8.84B	$7.63B	$6.48B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$2.43B	$2.15B	($3.51B)	$72.00M	$6.63B	$4.05B
Investing Cash Flow	($4.32B)	($968.00M)	($274.00M)	($7.15B)	($5.14B)	($4.99B)
Financing Cash Flow	$2.36B	$438.00M	$1.44B	$5.88B	$5.25B	$4.59B
CapEx	$188.00M	$205.00M	$173.00M	$91.00M	$74.00M	$124.00M
Free Cash Flow	$2.25B	$1.95B	($3.69B)	($19.00M)	$6.55B	$3.93B

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	-	-	17.5%	17.9%	18.1%	12.9%
EBITDA margin	-	-	-	-	-	-
Net margin	13.4%	13.9%	13.4%	13.3%	14.2%	10.0%
Free cash flow margin	14.1%	13.1%	-28.4%	-0.2%	66.1%	48.1%
FCF / Net income	1.05	0.94	-2.12	-0.01	4.67	4.80
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	-	-	-	-
Effective tax rate	21.3%	21.8%	23.7%	25.4%	21.7%	22.2%
Return on assets	2.4%	2.5%	2.2%	1.9%	2.3%	1.7%
Return on equity	17.1%	17.7%	17.0%	16.0%	17.0%	11.5%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	1.7x	6.6x	11.9x	5.9x
Equity multiplier	7.06	7.11	7.67	8.56	7.51	6.67
Liabilities / Assets	0.86	0.86	0.87	0.88	0.87	0.85
Efficiency
Asset turnover	0.18	0.18	0.17	0.14	0.16	0.17
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	16.8x	12.6x	12.6x	14.2x	13.9x	12.5x
P / B	2.9x	2.2x	2.1x	2.2x	2.4x	1.0x
P / S	2.2x	1.7x	1.7x	1.9x	2.0x	0.8x
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	6.6%	14.9%	14.9%	14.1%	21.3%	1.8%
Revenue CAGR (3y)	12.1%	14.6%	16.7%	12.1%	9.9%	7.8%
Revenue CAGR (5y)	14.3%	13.2%	11.7%	11.6%	12.4%	9.0%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-	-	12.8%	12.9%	70.2%	-
Net income growth (YoY)	3.2%	18.9%	15.2%	7.6%	71.5%	-20.9%
EPS growth (YoY)	6.2%	21.7%	14.2%	5.3%	70.6%	-45.8%
EPS CAGR (3y)	13.8%	13.5%	27.0%	-0.9%	4.9%	-3.5%
EPS CAGR (5y)	21.5%	6.2%	6.7%	10.0%	12.7%	2.5%
FCF growth (YoY)	15.2%	-	-19305.3%	-	66.7%	795.2%
FCF CAGR (5y)	-10.6%	34.7%	-	-	-	36.6%
Book value growth (YoY)	7.1%	14.3%	8.0%	14.7%	15.9%	8.1%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-09-30.

Business segments

$18.49B total

Private 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 total

US$12.87B · 91.5%

CA$645.00M · 4.6%

Europe$549.00M · 3.9%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
-Current ratio improved
✓No share dilution
-Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Security Brokers, Dealers & Flotation Companies

Company	Revenue (last FY)	Net margin	ROE
HOOD	$4.47B	42.1%	28.1%
SCHW	$23.92B	37.0%	17.9%
PIPR	$1.90B	14.8%	20.5%
IBKR	$6.21B	15.9%	18.3%
SF	$6.35B	10.8%	11.4%

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