Financials · RJF

Raymond James Financial Inc. (RJF) financials

For the twelve months ended Jun 30, 2026, Raymond James Financial Inc. reported $16.99B of revenue and $2.31B of net income.

Revenue, TTM
$16.99B
Revenue growth, YoY
+8.0%
Net income, TTM
$2.31B
Net income growth, YoY
+8.1%
Net margin
13.6%
Free cash flow, TTM
$1.44B
EPS, diluted, TTM
$11.48
EPS growth, YoY
+12.7%
Cash
$9.98B
Total debt
$950.00M
P/E
14.00
P/S
1.90
Market cap
$32.28B
Annual revenue$15.91B
FY2016FY2025
Annual net income$2.13B
FY2016FY2025
Annual free cash flow$2.25B
FY2016FY2025

RJF revenue and earnings growth

RJF revenueQ3 2026$4.36B

Quarter YoY
+13.5%
QoQ
+2.3%
FY YoY
+6.6%
5Y CAGR
+14.3%
10Y CAGR
+11.6%

RJF revenue was $4.36B in fiscal Q3 2026 (ended Jun 30, 2026), up 13.5% from a year earlier and up 2.3% from the prior quarter. For the full fiscal 2025 it was $15.91B, up 6.6% from fiscal 2024. Compound annual growth was +14.3% over 5 years and +11.6% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

RJF net incomeQ3 2026$595.00M

Quarter YoY
+36.5%
QoQ
+9.4%
FY YoY
+3.2%
5Y CAGR
+21.2%
10Y CAGR
+15.6%

RJF net income was $595.00M in fiscal Q3 2026 (ended Jun 30, 2026), up 36.5% from a year earlier and up 9.4% from the prior quarter. For the full fiscal 2025 it was $2.13B, up 3.2% from fiscal 2024. Compound annual growth was +21.2% over 5 years and +15.6% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

RJF EPSQ3 2026$3.01

Quarter YoY
+42.0%
QoQ
+10.7%
FY YoY
+6.2%
5Y CAGR
+21.6%
10Y CAGR
+16.2%

RJF diluted EPS was $3.01 in fiscal Q3 2026 (ended Jun 30, 2026), up 42.0% from a year earlier and up 10.7% from the prior quarter. For the full fiscal 2025 it was $10.30, up 6.2% from fiscal 2024. Compound annual growth was +21.6% over 5 years and +16.2% over 10 years.

RJF free cash flowQ3 2026-$308.00M

FY YoY
+15.2%
5Y CAGR
-10.7%
10Y CAGR
+10.5%

RJF free cash flow was -$308.00M in fiscal Q3 2026 (ended Jun 30, 2026), compared with $634.00M a year earlier. For the full fiscal 2025 it was $2.25B, up 15.2% from fiscal 2024. Compound annual growth was -10.7% over 5 years and +10.5% over 10 years.

Export CSV

Income statement

Income statement
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Revenue$15.91B$14.92B$12.99B$11.31B$9.91B$8.17B$8.02B$7.48B$6.53B$5.52B
Interest expense--$1.37B$305.00M$150.00M$178.00M$283.00M$202.00M$154.00M$116.06M
Pre-tax income--$2.28B$2.02B$1.79B$1.05B$1.38B$1.31B$925.35M$800.64M
Income tax$579.00M$575.00M$541.00M$513.00M$388.00M$234.00M$341.00M$454.00M$289.00M$271.29M
Net income$2.13B$2.07B$1.74B$1.51B$1.40B$818.00M$1.03B$857.00M$636.00M$529.35M
EPS, basic$10.53$9.94$8.16$7.16$6.81$3.96$4.88$3.93$2.95$2.48
EPS, diluted$10.30$9.70$7.97$6.98$6.63$3.88$4.78$3.83$2.89$2.43
Diluted shares206.6M212.3M216.9M215.3M211.2M210.3M216.0M223.2M219.9M216.8M

Balance sheet

Balance sheet
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Cash and equivalents$11.39B$14.35B$9.31B$14.66B$16.45B$9.63B$5.97B$5.94B$7.15B$6.54B
Goodwill$1.45B$1.45B$1.44B$1.42B$660.00M$466.00M$464.00M$478.00M$411.00M$408.07M
Total assets$88.23B$82.99B$78.36B$80.95B$61.89B$47.48B$38.83B$37.41B$34.88B$31.49B
Total debt$700.00M--$1.00M$8.00M-----
Total liabilities$75.73B$71.33B$68.17B$71.52B$53.59B$40.31B$32.19B$30.96B$29.19B$26.42B
Shareholders' equity$12.50B$11.67B$10.19B$9.43B$8.30B$7.18B$6.64B$6.45B$5.69B$5.06B

Cash flow

Cash flow
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Operating cash flow$2.43B$2.15B-$3.51B$72.00M$6.65B$4.07B$577.00M$884.00M-$125.00M-$573.32M
Capital expenditures$188.00M$205.00M$173.00M$91.00M$74.00M$124.00M$138.00M$134.00M$190.00M$121.73M
Free cash flow$2.25B$1.95B-$3.69B-$19.00M$6.57B$3.95B$439.00M$750.00M-$315.00M-$695.05M
Investing cash flow-$4.32B-$968.00M-$274.00M-$7.15B-$5.14B-$4.99B-$1.90B-$3.48B-$3.38B-$2.92B
Financing cash flow$2.36B$438.00M$1.44B$5.88B$5.23B$4.57B$1.37B$1.42B$4.07B$2.54B
Dividends paid----$218.00M$205.00M$191.00M$151.00M$127.00M$113.44M
Share repurchases----$128.00M$272.00M$778.00M$62.00M$34.00M$162.50M
Stock-based compensation$254.00M$254.00M$237.00M$192.00M$132.00M$120.00M$112.00M$99.00M$109.00M$78.53M
Depreciation and amortization$195.00M$179.00M$165.00M$145.00M$134.00M$119.00M$112.00M$99.00M$71.00M$63.00M

Key ratios

Key ratios
Line item
Sep 30, 2025
Sep 30, 2024
Sep 30, 2023
Sep 30, 2022
Sep 30, 2021
Sep 30, 2020
Sep 30, 2019
Sep 30, 2018
Sep 30, 2017
Sep 30, 2016
Revenue growth, YoY6.6%14.9%14.9%14.1%21.3%1.8%7.3%14.6%18.2%4.0%
Net income growth, YoY3.2%18.9%15.2%7.6%71.5%-20.9%20.7%34.7%20.1%5.4%
EPS growth, YoY6.2%21.7%14.2%5.3%70.9%-18.8%24.7%32.8%18.6%6.4%
Net margin13.4%13.9%13.4%13.3%14.2%10.0%12.9%11.5%9.7%9.6%
Free cash flow margin14.1%13.1%-28.4%-0.2%66.3%48.3%5.5%10.0%-4.8%-12.6%
Return on equity17.1%17.7%17.1%16.0%16.9%11.4%15.6%13.3%11.2%10.5%
Return on assets2.4%2.5%2.2%1.9%2.3%1.7%2.7%2.3%1.8%1.7%
Debt to equity0.06--0.000.00-----

Source: XBRL data Raymond James Financial Inc. files with the SEC, latest filing dated Aug 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 3-for-2, first reported Nov 23, 2021.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

RJF peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
RJF$16.99B+8.0%$2.31B13.6%$32.28B
MS$80.16B+16.2%$20.45B25.5%$292.45B
GS$69.70B+18.7%$22.17B31.8%$261.38B
UBS$49.57B+2.0%$7.80B15.7%$151.93B
BX$16.08B+22.1%$3.56B22.1%$93.11B

RJF FAQ

8 questions
  • What is RJF revenue?
    Raymond James Financial Inc. (RJF) reported $16.99B of revenue for the twelve months ended Jun 30, 2026. That is up 8.0% from the year before. Revenue for fiscal 2025 was $15.91B.
  • Is RJF profitable?
    Yes. Raymond James Financial Inc. earned $2.31B in net income for the twelve months ended Jun 30, 2026, a net margin of 13.6%.
  • How much cash and debt does RJF have?
    Raymond James Financial Inc. reported $9.98B in cash and cash equivalents and $950.00M of debt on its most recent balance sheet in SEC filings.
  • How fast is RJF revenue growing?
    Raymond James Financial Inc.'s revenue changed +6.6% in fiscal 2025, to $15.91B. Its compound annual growth rate was +14.3% over 5 years and +11.6% over 10 years.
  • What is RJF free cash flow?
    Raymond James Financial Inc. generated $1.44B of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $1.64B less capital expenditures.
  • What is RJF earnings per share?
    Diluted earnings per share were $11.48 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did RJF last report financial results?
    The latest statements here come from Raymond James Financial Inc.'s 10-Q filed on Aug 5, 2026, covering the period ended Jun 30, 2026.
  • Where does this RJF financial data come from?
    Quantisnow builds these statements from the structured XBRL data Raymond James Financial Inc. files with the SEC. It is provided for information only and is not investment advice.