
Raymond James (RJF) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
3.3B
Net Income
495.0M
14.78%
EPS (Diluted)
$2.36
Balance Sheet Metrics
Total Assets
83.1B
Total Liabilities
70.9B
Shareholders Equity
12.2B
Debt to Equity
5.80
Cash Flow Metrics
Operating Cash Flow
248.0M
Free Cash Flow
71.0M
Revenue & Profitability Trend
Raymond James Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 12.6B | 11.5B | 10.9B | 9.6B | 7.9B |
Cost of Goods Sold | - | - | - | - | - |
Gross Profit | - | - | - | - | - |
Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 8.2B | 7.3B | 7.3B | 6.6B | 6.0B |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 8.2B | 7.3B | 7.3B | 6.6B | 6.0B |
Operating Income | - | - | - | - | - |
Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | - | - | - | - | - |
Other Non-Operating Income | - | - | - | - | - |
Pre-tax Income | 2.6B | 2.3B | 2.0B | 1.8B | 1.1B |
Income Tax | 575.0M | 541.0M | 513.0M | 388.0M | 234.0M |
Effective Tax Rate % | 21.8% | 23.7% | 25.4% | 21.7% | 22.2% |
Net Income | 2.1B | 1.7B | 1.5B | 1.4B | 818.0M |
Net Margin % | 16.4% | 15.2% | 13.9% | 14.6% | 10.4% |
Key Metrics | |||||
EBITDA | - | - | - | - | - |
EPS (Basic) | $9.94 | $8.16 | $7.16 | $6.81 | $3.96 |
EPS (Diluted) | $9.70 | $7.97 | $6.98 | $6.63 | $3.89 |
Basic Shares Outstanding | 207100000 | 211800000 | 209900000 | 205700000 | 206400000 |
Diluted Shares Outstanding | 207100000 | 211800000 | 209900000 | 205700000 | 206400000 |
Income Statement Trend
Raymond James Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 11.0B | 9.3B | 6.2B | 7.2B | 5.4B |
Short-term Investments | 8.2B | 9.2B | 9.8B | 8.3B | 7.6B |
Accounts Receivable | 2.7B | 2.5B | 2.9B | 2.8B | 2.4B |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | - | - | - | - | - |
Non-Current Assets | |||||
Property, Plant & Equipment | 568.0M | 560.0M | 480.0M | 446.0M | 321.0M |
Goodwill | 3.3B | 3.3B | 3.4B | 1.5B | 1.1B |
Intangible Assets | 435.0M | 470.0M | 509.0M | 222.0M | 134.0M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | - | - | - | - | - |
Total Non-Current Assets | - | - | - | - | - |
Total Assets | 83.0B | - | - | - | - |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 5.8B | 5.4B | 11.4B | 14.0B | 6.8B |
Short-term Debt | - | - | - | - | - |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | - | - | - | - | - |
Non-Current Liabilities | |||||
Long-term Debt | 3.1B | 3.1B | 3.3B | 2.9B | 2.9B |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | - | - | - | - | - |
Total Liabilities | 71.3B | - | - | - | - |
Equity | |||||
Common Stock | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M |
Retained Earnings | 11.9B | 10.2B | 8.8B | 7.6B | 6.5B |
Treasury Stock | 3.1B | 2.3B | 1.5B | 1.4B | 1.4B |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 11.7B | 10.2B | 9.4B | 8.3B | 7.2B |
Key Metrics | |||||
Total Debt | 3.1B | 3.1B | 3.3B | 2.9B | 2.9B |
Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
Raymond James Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 2.1B | 1.7B | 1.5B | 1.4B | 818.0M |
Depreciation & Amortization | 179.0M | 165.0M | 145.0M | 134.0M | 119.0M |
Stock-Based Compensation | 254.0M | 237.0M | 192.0M | 132.0M | 120.0M |
Working Capital Changes | -134.0M | 165.0M | 2.2B | -2.2B | 2.8B |
Operating Cash Flow | 2.0B | 2.2B | 4.3B | -633.0M | 3.8B |
Investing Activities | |||||
Capital Expenditures | -205.0M | -173.0M | -91.0M | -74.0M | -124.0M |
Acquisitions | 0 | 0 | 1.5B | -266.0M | -5.0M |
Investment Purchases | -545.0M | -712.0M | -3.1B | -4.2B | -5.7B |
Investment Sales | 2.0B | 1.3B | 1.8B | 3.2B | 1.4B |
Investing Cash Flow | 1.2B | 308.0M | -129.0M | -1.4B | -4.5B |
Financing Activities | |||||
Share Repurchases | -984.0M | -902.0M | -216.0M | -150.0M | -291.0M |
Dividends Paid | -383.0M | -355.0M | -277.0M | -218.0M | -205.0M |
Debt Issuance | 1.3B | 3.2B | 1.0B | 737.0M | 1.3B |
Debt Repayment | -1.4B | -3.4B | -967.0M | -875.0M | -855.0M |
Financing Cash Flow | -1.4B | -1.4B | -442.0M | -515.0M | -8.0M |
Free Cash Flow | 2.0B | -3.7B | -19.0M | 6.6B | 3.9B |
Net Change in Cash | 1.8B | 1.0B | 3.7B | -2.5B | -647.0M |
Cash Flow Trend
Raymond James Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
16.07
Forward P/E
14.98
Price to Book
2.93
Price to Sales
2.48
PEG Ratio
14.98
Profitability Ratios
Profit Margin
16.14%
Operating Margin
20.38%
Return on Equity
18.87%
Return on Assets
2.66%
Financial Health
Current Ratio
6.22
Debt to Equity
36.49
Beta
1.04
Per Share Data
EPS (TTM)
$10.38
Book Value per Share
$57.03
Revenue per Share
$66.21
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
rjf | 33.7B | 16.07 | 2.93 | 18.87% | 16.14% | 36.49 |
BlackRock | 175.9B | 27.48 | 3.58 | 13.92% | 29.69% | 28.51 |
Brookfield | 103.4B | 232.59 | 2.46 | 0.95% | 0.73% | 156.81 |
Brookfield Asset | 99.1B | 42.94 | 11.69 | 23.07% | 55.92% | 11.33 |
Ameriprise | 49.1B | 17.70 | 8.08 | 58.24% | 17.74% | 53.93 |
State Street | 31.5B | 12.48 | 1.34 | 10.95% | 21.39% | 1.96 |
Financial data is updated regularly. All figures are in the company's reporting currency.