What is Raymond James Financial, Inc.'s earnings per share (EPS)?

Raymond James Financial, Inc. (RJF) reported diluted earnings per share of $10.30 for fiscal year 2025. This represents a 6.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Raymond James Financial, Inc. (RJF) Financials

RJF

Trailing 12 months to June 30, 2026

Revenue $15.2B +10.5% YoY

Net Income $2.3B +8.1% YoY

EPS (Diluted) $11.47 +12.6% YoY

Free Cash Flow $1.4B -26.2% YoY

Market Cap $30.2B as of Oct 8, 2026

Price / Sales 2.0x on $15.2B revenue, trailing 12 months to June 30, 2026

Price / Earnings 13.1x on $2.3B net income, trailing 12 months to June 30, 2026

Price / Book 2.4x on $12.7B equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE September

Newest figures come from the 10-Q for Q3 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RJF SEC filings page.

Raymond James Financial, Inc. (RJF) reported $15.2B in revenue over the twelve months to Jun 30, 2026, up 10.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI RJF FY2025 2026-10-03

Revenue growth reaches cash generation, but rising costs absorb much of the gain and the liability-heavy balance sheet magnifies equity returns.

From FY2023 to FY2025, net margin edged from 14.9% to 15.2% while return on assets remained around 2.4%, indicating earnings improved mainly alongside a larger asset base rather than through a major efficiency step-up. Cash conversion also reversed direction: operating cash flow moved from negative in FY2023 to $2.434B in FY2025, with free cash flow reaching $2.246B.

Revenue increased 9.7% in FY2025, but net income rose only 3.2%; cost growth absorbed much of the incremental revenue, limiting operating leverage.

The reported 6.1x debt-to-equity ratio alongside 2.4% return on assets and 17.1% return on equity shows how a modest asset-level return is amplified at the equity level. Free cash flow of $2.246B versus capital expenditures of $188M also indicates that reported cash generation was not primarily consumed by physical reinvestment.

Financial Health Signals

Financial health score not available

Raymond James Financial, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

5/6

Raymond James Financial, Inc. passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.14x

For every $1 of reported earnings, Raymond James Financial, Inc. generates $1.14 in operating cash flow ($2.4B OCF vs $2.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.9B

YoY+15.6%

QoQ+1.8%

5Y CAGR+9.7%

10Y CAGR+11.2%

Raymond James Financial, Inc. generated $3.9B in revenue in Q3 2026. This represents an increase of 15.6% from the same quarter a year earlier. Against the prior quarter it is up 1.8%.

Net Income

$595.0M

YoY+36.5%

QoQ+9.4%

5Y CAGR+14.1%

10Y CAGR+16.8%

Raymond James Financial, Inc. reported $595.0M in net income in Q3 2026. This represents an increase of 36.5% from the same quarter a year earlier. Against the prior quarter it is up 9.4%.

EPS (Diluted)

$3.01

YoY+42.0%

QoQ+10.7%

5Y CAGR+15.7%

10Y CAGR+13.2%

Raymond James Financial, Inc. earned $3.01 per diluted share (EPS) in Q3 2026. This represents an increase of 42.0% from the same quarter a year earlier. Against the prior quarter it is up 10.7%.

EBITDA

Not reported for Q3 2026.

Cash & Balance Sheet

Free Cash Flow

-$308.0M

YoY-148.6%

QoQ-129.2%

Raymond James Financial, Inc. recorded an outflow of $308.0M in free cash flow in Q3 2026, representing a cash shortfall after capex. This represents a decrease of 148.6% from the same quarter a year earlier. Against the prior quarter it is down 129.2%.

Cash & Debt

$10.0B

YoY+8.5%

QoQ-11.1%

5Y CAGR+10.8%

10Y CAGR+17.6%

Raymond James Financial, Inc. held $10.0B in cash as of Q3 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.54

YoY+8.0%

QoQ0.0%

5Y CAGR+15.7%

10Y CAGR+10.4%

Raymond James Financial, Inc. paid $0.54 per share in dividends in Q3 2026. This represents an increase of 8.0% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

192M

YoY-3.5%

QoQ-1.3%

5Y CAGR+7.0%

10Y CAGR+3.1%

Raymond James Financial, Inc. had 192M shares outstanding in Q3 2026. This represents a decrease of 3.5% from the same quarter a year earlier. Against the prior quarter it is down 1.3%.

Margins & Returns

Net Margin

15.2%

YoY+2.3pp

QoQ+1.1pp

5Y change+2.7pp

10Y change+5.9pp

Raymond James Financial, Inc.'s net profit margin was 15.2% in Q3 2026, showing the share of revenue converted to profit. This is up 2.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.

Return on Equity

4.7%

YoY+1.1pp

QoQ+0.4pp

5Y change+0.8pp

10Y change+2.0pp

Raymond James Financial, Inc.'s ROE was 4.7% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.

Gross Margin

Not reported for Q3 2026.

Operating Margin

Not reported for Q3 2026.

Capital Allocation

Capital Expenditures

$62.0M

YoY+8.8%

QoQ+37.8%

5Y CAGR+10.9%

10Y CAGR+8.1%

Raymond James Financial, Inc. invested $62.0M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 8.8% from the same quarter a year earlier. Against the prior quarter it is up 37.8%.

R&D Spending

Not reported for Q3 2026.

Share Buybacks

Not reported for Q3 2026.

RJF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RJF quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$15.2B	$14.1B+9.7%	$12.8B+10.3%	$11.6B+5.6%	$11.0B+12.7%	$9.8B+22.2%	$8.0B+3.2%	$7.7B+6.4%	$7.3B+14.2%	$6.4B+17.9%	$5.4B+3.9%	$5.2B+7.0%	$4.9B+8.4%	$4.5B+17.8%	$3.8B+12.0%	$3.4B
SG&A Expenses	$10.0B	$9.1B+10.5%	$8.2B+12.5%	$7.3B-0.4%	$7.3B+11.3%	$6.6B+20.5%	$5.5B+7.4%	$5.1B+6.1%	$4.8B+13.4%	$4.2B+16.6%	$3.6B+2.8%	$3.5B+6.4%	$3.3B+8.5%	$3.1B+16.6%	$2.6B+15.4%	$2.3B
Interest Expense	$1.7B	$1.8B-12.1%	$2.1B+53.1%	$1.4B+350.2%	$305.0M+103.3%	$150.0M-15.7%	$178.0M-37.1%	$283.0M+40.1%	$202.0M+31.2%	$154.0M+32.7%	$116.1M+9.4%	$106.1M+1.9%	$104.1M-5.7%	$110.4M+20.8%	$91.4M+2202.1%	$4.0M
Income Tax	$638.0M	$579.0M+0.7%	$575.0M+6.3%	$541.0M+5.5%	$513.0M+32.2%	$388.0M+65.8%	$234.0M-31.4%	$341.0M-24.9%	$454.0M+57.1%	$289.0M+6.5%	$271.3M-8.4%	$296.0M+10.5%	$267.8M+35.9%	$197.0M+12.2%	$175.7M-4.0%	$182.9M
Net Income	$2.3B	$2.1B+3.2%	$2.1B+18.9%	$1.7B+15.2%	$1.5B+7.6%	$1.4B+71.5%	$818.0M-20.9%	$1.0B+20.7%	$857.0M+34.7%	$636.0M+20.1%	$529.4M+5.4%	$502.1M+4.6%	$480.2M+30.8%	$367.2M+24.1%	$295.9M+6.3%	$278.4M
EPS (Basic)	N/A	$10.53+5.9%	$9.94+21.8%	$8.16+14.0%	$7.16+5.1%	$6.81+72.0%	$3.96-18.9%	$4.88-17.1%	$5.89+33.0%	$4.43+19.1%	$3.72+6.0%	$3.51+2.9%	$3.41+29.2%	$2.64+18.9%	$2.22+0.9%	$2.20
EPS (Diluted)	$11.47	$10.30+6.2%	$9.70+21.7%	$7.97+14.2%	$6.98+5.3%	$6.63+70.9%	$3.88-18.8%	$4.78-16.9%	$5.75+32.8%	$4.33+18.6%	$3.65+6.4%	$3.43+3.3%	$3.32+28.7%	$2.58+17.3%	$2.20+0.5%	$2.19
Diluted Shares (Avg)	N/A	207M-2.7%	212M-2.1%	217M+0.7%	215M+1.9%	211M+0.4%	210M-2.6%	216M+45.2%	149M+1.5%	147M+1.4%	145M-1.0%	146M+1.6%	144M+2.2%	141M+6.6%	132M+7.3%	123M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Revenue	$3.9B+15.6%	$3.9B+13.4%	$3.7B+5.6%	$3.7B+7.7%	$3.4B+5.3%	$3.4B+9.1%	$3.5B+17.4%	$3.5B+13.4%
SG&A Expenses	$2.6B+17.1%	$2.5B+15.3%	$2.5B+7.8%	$2.4B+10.9%	$2.2B+5.4%	$2.2B+7.9%	$2.3B+18.3%	$2.2B+14.1%
Interest Expense	$434.0M-2.3%	$403.0M-8.8%	$441.0M-11.4%	$463.0M-14.4%	$444.0M-16.9%	$442.0M-15.0%	$498.0M-1.8%	$541.0M+17.1%
Income Tax	$155.0M+22.0%	$191.0M+8.5%	$165.0M+10.7%	$127.0M-19.6%	$127.0M-16.4%	$176.0M+32.3%	$149.0M+12.9%	$158.0M+4.6%
Net Income	$595.0M+36.5%	$544.0M+9.9%	$563.0M-6.2%	$604.0M+0.3%	$436.0M-11.4%	$495.0M+4.0%	$600.0M+20.5%	$602.0M+38.7%
EPS (Basic)	$3.06+41.7%	$2.76+14.5%	$2.85-3.1%	$3.02+3.4%	$2.16-8.9%	$2.41+6.2%	$2.94+23.5%	$2.92+41.1%
EPS (Diluted)	$3.01+42.0%	$2.72+15.3%	$2.79-2.4%	$2.95+3.5%	$2.12-8.2%	$2.36+6.3%	$2.86+23.3%	$2.85+41.1%
Diluted Shares (Avg)	197M-4.0%	199M-4.6%	201M-3.7%	N/A	206M-3.2%	209M-2.2%	209M-2.2%	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

RJF Balance Sheet

RJF quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$88.2B+6.3%	$83.0B+5.9%	$78.4B-3.2%	$81.0B+30.8%	$61.9B+30.3%	$47.5B+22.3%	$38.8B+3.8%	$37.4B+7.3%	$34.9B+10.8%	$31.5B+19.0%	$26.5B+13.5%	$23.3B+0.6%	$23.2B+9.6%	$21.2B+17.5%	$18.0B
Cash & Equivalents	$11.4B+3.6%	$11.0B+18.1%	$9.3B+50.7%	$6.2B-14.2%	$7.2B+33.6%	$5.4B+36.2%	$4.0B+13.1%	$3.5B-4.6%	$3.7B+122.4%	$1.7B-36.5%	$2.6B+18.3%	$2.2B-15.3%	$2.6B+31.1%	$2.0B-18.8%	$2.4B
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.5B0.0%	$1.5B+1.0%	$1.4B+1.1%	$1.4B+115.5%	$660.0M+41.6%	$466.0M+0.4%	$464.0M-2.9%	$478.0M+16.3%	$411.0M+0.7%	$408.1M+32.6%	$307.6M+4.1%	$295.5M0.0%	$295.5M-1.5%	$300.1M+317.3%	$71.9M
Total Liabilities	$75.7B+6.2%	$71.3B+4.6%	$68.2B-4.7%	$71.5B+33.5%	$53.6B+33.0%	$40.3B+25.2%	$32.2B+4.0%	$31.0B+6.1%	$29.2B+10.5%	$26.4B+21.9%	$21.7B+14.8%	$18.9B-1.5%	$19.2B+9.8%	$17.5B+15.8%	$15.1B
Long-Term Debt	N/A	N/A	N/A	$1.0M-87.5%	$8.0M	N/A	N/A	N/A	N/A	N/A	N/A	$1.2B-0.3%	$1.2B	N/A	N/A
Total Equity	$12.5B+7.1%	$11.7B+14.3%	$10.2B+8.0%	$9.5B+14.7%	$8.2B+15.9%	$7.1B+8.1%	$6.6B+3.3%	$6.4B+14.1%	$5.6B+13.5%	$4.9B+8.7%	$4.5B+9.2%	$4.1B+13.1%	$3.7B+12.1%	$3.3B+26.3%	$2.6B
Retained Earnings	$13.6B+14.4%	$11.9B+16.5%	$10.2B+15.5%	$8.8B+15.9%	$7.6B+17.7%	$6.5B+10.4%	$5.9B+16.7%	$5.0B+15.9%	$4.3B+13.2%	$3.8B+12.1%	$3.4B+13.1%	$3.0B+14.8%	$2.6B+12.3%	$2.3B+10.4%	$2.1B

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Total Assets	$94.2B+11.1%	$91.9B+10.6%	$88.8B+7.9%	$88.2B+6.3%	$84.8B+5.2%	$83.1B+2.3%	$82.3B+2.7%	$83.0B+5.9%
Cash & Equivalents	$10.0B+8.5%	$11.2B+16.1%	$9.9B-1.6%	$11.4B+3.6%	$9.2B+1.1%	$9.7B-3.4%	$10.0B-1.5%	$11.0B+18.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	$1.5B0.0%	$1.5B+0.9%	$1.4B+0.1%	$1.4B-0.3%	$1.5B+1.0%
Total Liabilities	$81.5B+12.3%	$79.3B+11.9%	$76.2B+8.3%	$75.7B+6.2%	$72.6B+4.5%	$70.9B+0.9%	$70.4B+1.4%	$71.3B+4.6%
Total Equity	$12.7B+3.6%	$12.6B+2.9%	$12.6B+5.4%	$12.5B+7.1%	$12.3B+9.5%	$12.2B+11.2%	$11.9B+10.5%	$11.7B+14.3%
Retained Earnings	$15.0B+14.3%	$14.5B+13.5%	$14.1B+13.5%	$13.6B+14.4%	$13.1B+15.1%	$12.8B+16.2%	$12.4B+16.7%	$11.9B+16.5%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

RJF Cash Flow Statement

RJF quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$1.6B	$2.4B+12.9%	$2.2B+161.3%	-$3.5B-4980.6%	$72.0M-98.9%	$6.6B+63.2%	$4.1B+605.9%	$577.0M-34.7%	$884.0M+807.2%	-$125.0M+78.2%	-$573.3M-163.8%	$898.7M+77.1%	$507.6M-23.1%	$659.8M+68.6%	$391.3M-74.9%	$1.6B
Depreciation & Amortization	N/A	$195.0M+8.9%	$179.0M+8.5%	$165.0M+13.8%	$145.0M+8.2%	$134.0M+12.6%	$119.0M+22.7%	$97.0M+14.1%	$85.0M+19.7%	$71.0M+12.7%	$63.0M-7.8%	$68.3M+6.5%	$64.2M-3.3%	$66.4M+29.0%	$51.4M+27.5%	$40.3M
Stock-Based Compensation	N/A	$254.0M0.0%	$254.0M+7.2%	$237.0M+23.4%	$192.0M+45.5%	$132.0M+10.0%	$120.0M+7.1%	$112.0M+13.1%	$99.0M-9.2%	$109.0M+38.8%	$78.5M+9.8%	$71.5M+2.7%	$69.6M+12.5%	$61.9M+11.0%	$55.7M+36.0%	$41.0M
Capital Expenditures	$197.0M	$188.0M-8.3%	$205.0M+18.5%	$173.0M+90.1%	$91.0M+23.0%	$74.0M-40.3%	$124.0M-10.1%	$138.0M+3.0%	$134.0M-29.5%	$190.0M+56.1%	$121.7M+64.3%	$74.1M+23.2%	$60.1M-17.5%	$72.9M-6.0%	$77.5M+108.4%	$37.2M
Free Cash Flow	$1.4B	$2.2B+15.2%	$1.9B+152.9%	-$3.7B-19305.3%	-$19.0M-100.3%	$6.6B+66.4%	$3.9B+799.5%	$439.0M-41.5%	$750.0M+338.1%	-$315.0M+54.7%	-$695.1M-184.3%	$824.6M+84.3%	$447.4M-23.8%	$586.9M+87.1%	$313.8M-79.4%	$1.5B
Investing Cash Flow	-$6.7B	-$4.3B-346.4%	-$968.0M-253.3%	-$274.0M+96.2%	-$7.2B-39.1%	-$5.1B-3.1%	-$5.0B-162.8%	-$1.9B+45.4%	-$3.5B-3.0%	-$3.4B-15.7%	-$2.9B-34.1%	-$2.2B-3.8%	-$2.1B	N/A	-$2.7B-582.6%	-$400.1M
Financing Cash Flow	$5.5B	$2.4B+439.0%	$438.0M-69.5%	$1.4B-75.5%	$5.9B+12.4%	$5.2B+14.4%	$4.6B+233.1%	$1.4B-3.3%	$1.4B-65.1%	$4.1B+60.0%	$2.5B+46.8%	$1.7B+41.3%	$1.2B	N/A	$1.9B+211.9%	-$1.7B
Dividends Paid	N/A	N/A	N/A	N/A	N/A	$218.0M+6.3%	$205.0M+7.3%	$191.0M+26.5%	$151.0M+18.9%	$127.0M+12.0%	$113.4M+10.0%	$103.1M+17.1%	$88.1M+15.0%	$76.6M+11.4%	$68.8M+9.0%	$63.1M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	$128.0M-52.9%	$272.0M-65.0%	$778.0M+1154.8%	$62.0M+82.4%	$34.0M-79.1%	$162.5M+83.5%	$88.5M+950.7%	$8.4M-28.1%	$11.7M-43.8%	$20.9M-9.7%	$23.1M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Cash Flow	-$246.0M-135.6%	$1.1B+839.3%	-$10.0M-101.2%	$796.0M+56.1%	$691.0M-2.8%	$117.0M-70.1%	$830.0M+52.9%	$510.0M+17.5%
Depreciation & Amortization	$55.0M+12.2%	$50.0M+6.4%	$49.0M+4.3%	$52.0M+10.6%	$49.0M+8.9%	$47.0M+4.4%	$47.0M+11.9%	$47.0M+11.9%
Stock-Based Compensation	N/A	N/A	$79.0M-15.1%	N/A	N/A	N/A	$93.0M+3.3%	N/A
Capital Expenditures	$62.0M+8.8%	$45.0M-2.2%	$46.0M+12.2%	$44.0M-12.0%	$57.0M+1.8%	$46.0M-6.1%	$41.0M-18.0%	$50.0M-2.0%
Free Cash Flow	-$308.0M-148.6%	$1.1B+1384.5%	-$56.0M-107.1%	$752.0M+63.5%	$634.0M-3.2%	$71.0M-79.2%	$789.0M+60.0%	$460.0M+20.1%
Investing Cash Flow	-$2.1B-60.7%	-$1.3B-102.9%	-$1.9B-99.0%	-$1.4B-574.4%	-$1.3B-100.9%	-$659.0M-1083.6%	-$937.0M-432.4%	-$211.0M+38.3%
Financing Cash Flow	$649.0M+122.3%	$1.7B+10662.5%	$629.0M+240.7%	$2.5B+112.1%	$292.0M+128.6%	-$16.0M+97.5%	-$447.0M-149.3%	$1.2B+242.1%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

RJF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RJF quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	15.2%-1.0pp	16.1%+1.2pp	15.0%+1.3pp	13.7%-0.7pp	14.4%+4.1pp	10.2%-3.1pp	13.4%+1.6pp	11.8%+1.8pp	10.0%+0.2pp	9.8%+0.1pp	9.7%-0.2pp	9.9%+1.7pp	8.2%+0.4pp	7.8%-0.4pp	8.2%
Return on Equity	17.1%-0.6pp	17.7%+0.7pp	17.0%+1.1pp	16.0%-1.1pp	17.0%+5.5pp	11.5%-4.2pp	15.7%+2.2pp	13.5%+2.1pp	11.4%+0.6pp	10.8%-0.3pp	11.1%-0.5pp	11.6%+1.6pp	10.0%+1.0pp	9.0%-1.7pp	10.8%
Return on Assets	2.4%-0.1pp	2.5%+0.3pp	2.2%+0.4pp	1.9%-0.4pp	2.3%+0.6pp	1.7%-0.9pp	2.7%+0.4pp	2.3%+0.5pp	1.8%+0.1pp	1.7%-0.2pp	1.9%-0.2pp	2.1%+0.5pp	1.6%+0.2pp	1.4%-0.1pp	1.6%
Debt-to-Equity	6.06-0.1x	6.11-0.6x	6.67+6.7x	0.000.0x	0.00-5.7x	5.67+0.8x	4.890.0x	4.86-0.4x	5.23-0.1x	5.37+0.6x	4.79+4.5x	0.290.0x	0.33-5.0x	5.35-0.5x	5.83
Asset Turnover	0.160.0x	0.150.0x	0.150.0x	0.140.0x	0.160.0x	0.170.0x	0.200.0x	0.190.0x	0.180.0x	0.170.0x	0.200.0x	0.210.0x	0.190.0x	0.180.0x	0.19
FCF Margin	16.0%+0.8pp	15.2%+46.9pp	-31.7%-31.6pp	-0.2%-67.5pp	67.3%+17.9pp	49.4%+43.8pp	5.7%-4.6pp	10.3%+15.3pp	-4.9%+7.9pp	-12.9%-28.7pp	15.8%+6.7pp	9.2%-3.9pp	13.1%+4.8pp	8.2%-36.5pp	44.7%

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Net Margin	15.2%+2.3pp	14.1%-0.5pp	15.1%-1.9pp	16.2%-1.2pp	12.8%-2.4pp	14.5%-0.7pp	17.0%+0.4pp	17.4%+3.2pp
Return on Equity	4.7%+1.1pp	4.3%+0.3pp	4.5%-0.5pp	4.8%-0.3pp	3.6%-0.8pp	4.0%-0.3pp	5.0%+0.4pp	5.2%+0.9pp
Return on Assets	0.6%+0.1pp	0.6%0.0pp	0.6%-0.1pp	0.7%-0.1pp	0.5%-0.1pp	0.6%0.0pp	0.7%+0.1pp	0.7%+0.2pp
Debt-to-Equity	6.41+0.5x	6.31+0.5x	6.06+0.2x	6.06-0.1x	5.92-0.3x	5.81-0.6x	5.90-0.5x	6.11-0.6x
Asset Turnover	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x
FCF Margin	-7.8%-26.5pp	27.3%+25.2pp	-1.5%-23.8pp	20.2%+6.9pp	18.7%-1.6pp	2.1%-8.9pp	22.3%+5.9pp	13.3%+0.7pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Raymond James Financial, Inc. RJF	FY2025	$14.1B	$2.1B	15.2%	$30.2B	—
State Street Corporation STT	FY2025	$13.9B	$2.9B	21.1%	$47.9B	18/100
Blue Owl Capital Inc. OWL	FY2025	$2.9B	$305.5M	10.6%	$6.2B	38/100
Northern Trust Corp NTRS	FY2025	$8.1B	$1.7B	21.5%	$30.8B	27/100
Ameriprise Financial, Inc. AMP	FY2025	$18.5B	$3.6B	19.3%	$43.3B	27/100
The Carlyle Group Inc. CG	FY2025	$4.8B	$808.7M	16.9%	$13.5B	19/100

Where Raymond James Financial, Inc. Ranks

Frequently Asked Questions

What is Raymond James Financial, Inc.'s annual revenue?

Raymond James Financial, Inc. (RJF) reported $14.1B in total revenue for fiscal year 2025. This represents a 9.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Raymond James Financial, Inc.'s revenue growing?

Raymond James Financial, Inc. (RJF) revenue grew by 9.7% year-over-year, from $12.8B to $14.1B in fiscal year 2025.

Is Raymond James Financial, Inc. profitable?

Yes, Raymond James Financial, Inc. (RJF) reported a net income of $2.1B in fiscal year 2025, with a net profit margin of 15.2%.

What is Raymond James Financial, Inc.'s net profit margin?

Raymond James Financial, Inc. (RJF) had a net profit margin of 15.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Raymond James Financial, Inc. pay dividends?

Yes, Raymond James Financial, Inc. (RJF) paid $2.00 per share in dividends during fiscal year 2025.

What is Raymond James Financial, Inc.'s return on equity (ROE)?

Raymond James Financial, Inc. (RJF) has a return on equity of 17.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Raymond James Financial, Inc.'s free cash flow?

Raymond James Financial, Inc. (RJF) generated $2.2B in free cash flow during fiscal year 2025. This represents a 15.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Raymond James Financial, Inc.'s operating cash flow?

Raymond James Financial, Inc. (RJF) generated $2.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Raymond James Financial, Inc.'s total assets?

Raymond James Financial, Inc. (RJF) had $88.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Raymond James Financial, Inc.'s capital expenditures?

Raymond James Financial, Inc. (RJF) invested $188.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Raymond James Financial, Inc. have outstanding?

Raymond James Financial, Inc. (RJF) had 197M shares outstanding as of fiscal year 2025.

What is Raymond James Financial, Inc.'s debt-to-equity ratio?

Raymond James Financial, Inc. (RJF) had a debt-to-equity ratio of 6.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Raymond James Financial, Inc.'s return on assets (ROA)?

Raymond James Financial, Inc. (RJF) had a return on assets of 2.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Raymond James Financial, Inc.'s P/E ratio?

Raymond James Financial, Inc. (RJF) trades at 13.1x earnings, its market capitalization divided by net income of $2.3B net income, trailing 12 months to June 30, 2026. The market capitalization is $30.2B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Raymond James Financial, Inc.'s price-to-sales ratio?

Raymond James Financial, Inc. (RJF) trades at 2.0x sales, its market capitalization divided by revenue of $15.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $30.2B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Raymond James Financial, Inc.'s Piotroski F-Score?

Raymond James Financial, Inc. (RJF) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Raymond James Financial, Inc.'s earnings high quality?

Raymond James Financial, Inc. (RJF) has an earnings quality ratio of 1.14x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.