TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income 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

Metric20242023202220212020
Revenue i12.6B11.5B10.9B9.6B7.9B
Cost of Goods Sold i-----
Gross Profit i-----
Gross Margin % i0.0%0.0%0.0%0.0%0.0%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i8.2B7.3B7.3B6.6B6.0B
Other Operating Expenses i-----
Total Operating Expenses i8.2B7.3B7.3B6.6B6.0B
Operating Income i-----
Operating Margin % i0.0%0.0%0.0%0.0%0.0%
Non-Operating Items
Interest Income i-----
Interest Expense i-----
Other Non-Operating Income-----
Pre-tax Income i2.6B2.3B2.0B1.8B1.1B
Income Tax i575.0M541.0M513.0M388.0M234.0M
Effective Tax Rate % i21.8%23.7%25.4%21.7%22.2%
Net Income i2.1B1.7B1.5B1.4B818.0M
Net Margin % i16.4%15.2%13.9%14.6%10.4%
Key Metrics
EBITDA i-----
EPS (Basic) i$9.94$8.16$7.16$6.81$3.96
EPS (Diluted) i$9.70$7.97$6.98$6.63$3.89
Basic Shares Outstanding i207100000211800000209900000205700000206400000
Diluted Shares Outstanding i207100000211800000209900000205700000206400000

Income Statement Trend

Raymond James Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i11.0B9.3B6.2B7.2B5.4B
Short-term Investments i8.2B9.2B9.8B8.3B7.6B
Accounts Receivable i2.7B2.5B2.9B2.8B2.4B
Inventory i-----
Other Current Assets-----
Total Current Assets i-----
Non-Current Assets
Property, Plant & Equipment i568.0M560.0M480.0M446.0M321.0M
Goodwill i3.3B3.3B3.4B1.5B1.1B
Intangible Assets i435.0M470.0M509.0M222.0M134.0M
Long-term Investments-----
Other Non-Current Assets-----
Total Non-Current Assets i-----
Total Assets i83.0B----
Liabilities
Current Liabilities
Accounts Payable i5.8B5.4B11.4B14.0B6.8B
Short-term Debt i-----
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i-----
Non-Current Liabilities
Long-term Debt i3.1B3.1B3.3B2.9B2.9B
Deferred Tax Liabilities i-----
Other Non-Current Liabilities-----
Total Non-Current Liabilities i-----
Total Liabilities i71.3B----
Equity
Common Stock i2.0M2.0M2.0M2.0M2.0M
Retained Earnings i11.9B10.2B8.8B7.6B6.5B
Treasury Stock i3.1B2.3B1.5B1.4B1.4B
Other Equity-----
Total Shareholders Equity i11.7B10.2B9.4B8.3B7.2B
Key Metrics
Total Debt i3.1B3.1B3.3B2.9B2.9B
Working Capital i00000

Balance Sheet Composition

Raymond James Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i2.1B1.7B1.5B1.4B818.0M
Depreciation & Amortization i179.0M165.0M145.0M134.0M119.0M
Stock-Based Compensation i254.0M237.0M192.0M132.0M120.0M
Working Capital Changes i-134.0M165.0M2.2B-2.2B2.8B
Operating Cash Flow i2.0B2.2B4.3B-633.0M3.8B
Investing Activities
Capital Expenditures i-205.0M-173.0M-91.0M-74.0M-124.0M
Acquisitions i001.5B-266.0M-5.0M
Investment Purchases i-545.0M-712.0M-3.1B-4.2B-5.7B
Investment Sales i2.0B1.3B1.8B3.2B1.4B
Investing Cash Flow i1.2B308.0M-129.0M-1.4B-4.5B
Financing Activities
Share Repurchases i-984.0M-902.0M-216.0M-150.0M-291.0M
Dividends Paid i-383.0M-355.0M-277.0M-218.0M-205.0M
Debt Issuance i1.3B3.2B1.0B737.0M1.3B
Debt Repayment i-1.4B-3.4B-967.0M-875.0M-855.0M
Financing Cash Flow i-1.4B-1.4B-442.0M-515.0M-8.0M
Free Cash Flow i2.0B-3.7B-19.0M6.6B3.9B
Net Change in Cash i1.8B1.0B3.7B-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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
rjf33.7B16.072.9318.87%16.14%36.49
BlackRock 175.9B27.483.5813.92%29.69%28.51
Brookfield 103.4B232.592.460.95%0.73%156.81
Brookfield Asset 99.1B42.9411.6923.07%55.92%11.33
Ameriprise 49.1B17.708.0858.24%17.74%53.93
State Street 31.5B12.481.3410.95%21.39%1.96

Financial data is updated regularly. All figures are in the company's reporting currency.