SCHWAB CHARLES CORP SCHW

Financials SIC 6211 - Security Brokers, Dealers & Flotation Companies NAICS Finance and Insurance › Securities, Commodity Contracts, and Other Financial Investments and Related Activities › Securities and Commodity Contracts Intermediation and Brokerage › Investment Banking and Securities Intermediation derived NYSE

The Charles Schwab Corporation (CSC) is a savings and loan holding company. CSC engages, through its subsidiaries (collectively referred to as Schwab or the Company), in wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. At December 31, 2025, Schwab had $11.90 trillion in client assets, 38.5 million active brokerage accounts, 5.7 million workplace plan participant accounts, and 2.2 million banking accounts.

•Charles Schwab & Co., Inc. (CS&Co), incorporated in 1971, a securities broker-dealer;

•Charles Schwab Investment Management, Inc. (CSIM), the investment advisor for Schwab's proprietary mutual funds (Schwab Funds®) and for Schwab's exchange-traded funds (Schwab ETFs).

Last close 90.58 2026-10-23
Market cap $156.64B 2026-06-30 share count
52-week range 83.96 - 114.53

Valuation FY2025 figures against the last close

P/S6.5x
P/E19.5x
P/FCF17.9x
EV/EBITDA—
Dividend yield1.5%
Diluted EPS4.65

Where the revenue comes from as reported in the latest 10-K

Revenue by segment

  • Investor Services
  • Advisor Services
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 Investor Services, FY2025: 19B (79.4%) 79% Investor Services Advisor Services, FY2025: 4.9B (20.6%) 21% Advisor Services FY2024 Investor Services, FY2024: 15.6B (79.4%) 79% Advisor Services, FY2024: 4B (20.6%) 21% FY2023 Investor Services, FY2023: 14.7B (77.8%) 78% Advisor Services, FY2023: 4.2B (22.2%) 22%
Segment FY2025FY2024FY2023
Investor Services $19.00B $15.56B $14.65B
Advisor Services $4.92B $4.05B $4.19B

As the company reported it, from the “Segment Information - Financial Information for Reportable Segments (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $23.92B$19.61B$18.84B$20.76B$18.52B$11.69B$10.72B$10.13B$8.62B$7.48B
Interest expense $11.75B$9.14B$9.43B$10.68B$476.0M$418.0M$1.06B$857.0M$342.0M$171.0M
Pre-tax income $11.46B$7.69B$6.38B$9.39B$7.71B$4.30B$4.85B$4.56B$3.65B$2.99B
Income tax $2.61B$1.75B$1.31B$2.21B$1.86B$1.00B$1.14B$1.05B$1.30B$1.10B
Net income $8.9M$5.9M$5.1M$7.2M$5.9M$3.30B$3.70B$3.51B$2.35B$1.89B
EPS, basic 4.673.002.553.522.842.132.692.471.631.32
EPS, diluted 4.652.992.543.502.832.122.672.451.611.31
Shares, diluted (wtd. avg.) 1.81B1.83B1.83B1.89B1.90B1.44B1.32B1.36B1.35B1.33B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $46.03B$42.08B$43.34B$58.72B$93.34B$70.56B$45.58B$38.23B$19.16B$17.87B
Property, plant and equipment —————$2.88B$2.13B$1.77B$1.47B$1.30B
Goodwill $11.95B$11.95B$11.95B$11.95B$11.95B$11.95B$1.23B$1.23B$1.23B$1.23B
Other intangibles $7.23B$7.74B$8.26B$8.79B$9.38B$9.99B$128.0M$152.0M$108.0M$144.0M
Total assets $491.00B$479.84B$493.18B$551.77B$667.27B$549.01B$294.00B$296.48B$243.27B$223.38B
Short-term debt ———$17.05B$4.86B$0—$0$15.00B$0
Long-term debt ————$18.91B$13.63B$7.43B———
Total liabilities $441.57B$431.47B$452.22B$515.16B$611.01B$492.95B$272.26B$275.81B$224.75B$206.96B
Retained earnings $44.06B$37.57B$33.90B$31.07B$25.99B$21.98B$19.96B$17.33B$14.41B$12.65B
Total equity $49.42B$48.38B$40.96B$36.61B$56.26B$56.06B$21.75B$20.67B$18.52B$16.42B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $9.31B$2.67B$19.59B$2.06B$2.12B$6.85B$9.32B$12.46B-$839.0M$3.60B
Depreciation and amortisation ——————$322.0M$277.0M$232.0M$197.0M
Stock-based compensation $317.0M$337.0M$320.0M$366.0M$254.0M$204.0M$183.0M$197.0M$153.0M$141.0M
Capital expenditure $548.0M$620.0M$700.0M$971.0M$916.0M$631.0M$708.0M$570.0M$400.0M$346.0M
Investing cash flow $24.54B$35.43B$57.41B$32.05B-$75.66B-$125.85B$11.96B-$40.55B-$20.47B-$38.77B
Financing cash flow -$29.70B-$47.06B-$61.24B-$68.72B$96.32B$143.98B-$13.94B$47.17B$22.60B$34.96B
Dividends paid $2.33B$2.27B$2.28B$2.11B$1.82B$1.28B$1.06B$787.0M$592.0M$486.0M
Buybacks $7.35B$0$2.84B$3.40B$0$0$2.22B$1.00B$0$0

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 0001193125-26-142826.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 10B 20B 30B Revenue, FY2016: 7.5B Net income, FY2016: 1.9B Revenue, FY2017: 8.6B Net income, FY2017: 2.4B Revenue, FY2018: 10.1B Net income, FY2018: 3.5B Revenue, FY2019: 10.7B Net income, FY2019: 3.7B Revenue, FY2020: 11.7B Net income, FY2020: 3.3B Revenue, FY2021: 18.5B Net income, FY2021: 5.9M Revenue, FY2022: 20.8B Net income, FY2022: 7.2M Revenue, FY2023: 18.8B Net income, FY2023: 5.1M Revenue, FY2024: 19.6B Net income, FY2024: 5.9M Revenue, FY2025: 23.9B Net income, FY2025: 8.9M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $7.48B $8.62B $10.13B $10.72B $11.69B $18.52B $20.76B $18.84B $19.61B $23.92B
Gross profit — — — — — — — — — —
Net income $1.89B $2.35B $3.51B $3.70B $3.30B $5.9M $7.2M $5.1M $5.9M $8.9M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event Item 8.01
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event Item 8.01
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Charter or fiscal year changed Item 5.03
  • Other event Item 8.01
  • Results announced Item 2.02
  • 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
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K

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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