RAYMOND JAMES FINANCIAL INC RJF
Raymond James Financial, Inc. ("RJF" or the "firm") is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations, and municipalities. The firm, together with its subsidiaries, is engaged in various financial services activities, including providing investment management services to retail and institutional clients, merger & acquisition and advisory services, the underwriting, distribution, trading, and brokerage of equity and debt securities, and the sale of mutual funds and other investment products. The firm also provides corporate and retail banking services and trust services. The firm operates predominantly in the United States ("U.S.") and, to a lesser extent, in Canada, the United Kingdom ("UK"), and other parts of Europe. As used herein, the terms "our," "we," or "us" refer to RJF and/or one or more of its subsidiaries.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.91B | $14.92B | $12.99B | $11.31B | $9.91B | $8.17B | $8.02B | $7.48B | $6.53B | $5.52B |
| Interest expense | $2.15B | $2.13B | $2.38B | $1.20B | $150.0M | $178.0M | $283.0M | $202.0M | $154.0M | $116.1M |
| Pre-tax income | $2.71B | $2.64B | $2.28B | $2.02B | $1.79B | $1.05B | $1.38B | $1.31B | $925.3M | $800.6M |
| Income tax | $579.0M | $575.0M | $541.0M | $513.0M | $388.0M | $234.0M | $341.0M | $454.0M | $289.0M | $271.3M |
| Net income | $2.13B | $2.07B | $1.74B | $1.51B | $1.40B | $818.0M | $1.03B | $857.0M | $636.0M | $529.4M |
| EPS, basic | 10.53 | 9.94 | 8.16 | 7.16 | 6.81 | 3.96 | 4.88 | 5.89 | 4.43 | 3.72 |
| EPS, diluted | 10.30 | 9.70 | 7.97 | 6.98 | 6.63 | 3.88 | 4.78 | 5.75 | 4.33 | 3.65 |
| Shares, diluted (wtd. avg.) | 206.6M | 212.3M | 216.9M | 215.3M | 211.2M | 210.3M | 216.0M | 148.8M | 146.6M | 144.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $11.39B | $11.00B | $9.31B | $14.66B | $16.45B | $9.63B | $5.97B | $5.94B | $7.15B | $6.54B |
| Property, plant and equipment | $670.0M | $635.0M | $561.0M | $503.0M | $499.0M | $535.0M | $527.0M | $486.0M | $437.4M | $321.5M |
| Goodwill | $1.45B | $1.45B | $1.44B | $1.42B | $660.0M | $466.0M | $464.0M | $478.0M | $411.0M | $408.1M |
| Other intangibles | $396.0M | $435.0M | $470.0M | $509.0M | $222.0M | $134.0M | $147.0M | $161.0M | $83.0M | $95.0M |
| Total assets | $88.23B | $82.99B | $78.36B | $80.95B | $61.89B | $47.48B | $38.83B | $37.41B | $34.88B | $31.49B |
| Total liabilities | $75.73B | $71.33B | $68.17B | $71.52B | $53.59B | $40.31B | $32.19B | $30.96B | $29.19B | $26.42B |
| Retained earnings | $13.60B | $11.89B | $10.21B | $8.84B | $7.63B | $6.48B | $5.87B | $5.03B | $4.34B | $3.83B |
| Total equity | $12.50B | $11.67B | $10.19B | $9.43B | $8.30B | $7.18B | $6.64B | $6.45B | $5.69B | $5.06B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.43B | $2.15B | -$3.51B | $72.0M | $6.65B | $4.07B | $577.0M | $884.0M | -$125.0M | -$573.3M |
| Depreciation and amortisation | $195.0M | $179.0M | $165.0M | $145.0M | $134.0M | $119.0M | $112.0M | $99.0M | $71.0M | $63.0M |
| Stock-based compensation | $254.0M | $254.0M | $237.0M | $192.0M | $132.0M | $120.0M | $112.0M | $99.0M | $109.0M | $78.5M |
| Capital expenditure | $188.0M | $205.0M | $173.0M | $91.0M | $74.0M | $124.0M | $138.0M | $134.0M | $190.0M | $121.7M |
| Investing cash flow | -$4.32B | -$968.0M | -$274.0M | -$7.15B | -$5.14B | -$4.99B | -$1.90B | -$3.48B | -$3.38B | -$2.92B |
| Financing cash flow | $2.36B | $438.0M | $1.44B | $5.88B | $5.23B | $4.57B | $1.37B | $1.42B | $4.07B | $2.54B |
| Dividends paid | — | — | — | — | $218.0M | $205.0M | $191.0M | $151.0M | $127.0M | $113.4M |
| Buybacks | — | — | — | — | $128.0M | $272.0M | $778.0M | $62.0M | $34.0M | $162.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000720005-25-000093.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.52B | $6.53B | $7.48B | $8.02B | $8.17B | $9.91B | $11.31B | $12.99B | $14.92B | $15.91B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $529.4M | $636.0M | $857.0M | $1.03B | $818.0M | $1.40B | $1.51B | $1.74B | $2.07B | $2.13B |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Regulation FD disclosure Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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