Raymond James Financial Inc (RJF) Financial Statements
Industry: Security Brokers, Dealers & Flotation Companies
In fiscal 2025, Raymond James Financial reported revenue of $14.06B, up 9.3% from $12.87B the year before. Net income was $2.13B (a 15.2% net margin), or $10.30 per diluted share. Net interest income was $2.15B, and the efficiency ratio (noninterest expense / revenue) was 80.7%. Operating activities generated $2.43B of cash, leaving $2.25B of free cash flow. At fiscal year end, Raymond James Financial held $88.23B in total assets against $75.73B in total liabilities, including $11.39B of cash and equivalents.
Open the full interactive Raymond James Financial financials → Quarterly statements, key ratios, valuation history and price charts.
Raymond James Financial Key Stats
| Share Price | $156.76 |
|---|---|
| Market Cap | $30.91B |
| P/E Ratio | 15.2 |
| Revenue YoY Growth | +9.3% |
| 52-Week Range | $139.39 – $180.56 |
| Shares Outstanding | 194.0 million (basic, 2026 Q3) |
Raymond James Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $822.0M | $673.0M | $1.20B | $2.38B | $2.13B | $2.15B |
| Provision for Credit Losses | $233.0M | -$32.0M | $100.0M | $132.0M | $45.0M | $37.0M |
| Noninterest Income | $7.17B | $9.05B | $9.90B | $9.38B | $10.74B | $11.92B |
| Noninterest Expense | $6.94B | $7.97B | $8.98B | $9.34B | $10.18B | $11.35B |
| Revenue | $7.99B | $9.73B | $11.10B | $11.75B | $12.87B | $14.06B |
| Pre-Tax Income | $1.05B | $1.79B | $2.02B | $2.28B | $2.64B | $2.71B |
| Income Tax | $234.0M | $388.0M | $513.0M | $541.0M | $575.0M | $579.0M |
| Net Income | $818.0M | $1.40B | $1.51B | $1.74B | $2.07B | $2.13B |
| Diluted EPS | $3.89 | $6.63 | $6.98 | $7.97 | $9.70 | $10.30 |
Raymond James Financial Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $3.70B | $3.73B | $3.86B | $3.93B |
| Net Income | $604.0M | $563.0M | $544.0M | $595.0M |
| Diluted EPS | $2.92 | $2.79 | $2.72 | $3.01 |
Raymond James Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.39B | $7.20B | $6.18B | $9.31B | $11.00B | $11.39B |
| Loans (Net) | $21.20B | $24.99B | $43.24B | — | — | — |
| Total Assets | $47.48B | $61.89B | $80.95B | $78.36B | $82.99B | $88.23B |
| Deposits | $26.80B | $32.49B | $51.36B | $54.20B | $56.01B | $58.90B |
| Total Long-Term Debt | $2.93B | $2.90B | $3.33B | $4.24B | $4.14B | $4.22B |
| Total Liabilities | $40.31B | $53.59B | $71.52B | $68.17B | $71.33B | $75.73B |
| Shareholders' Equity | $7.11B | $8.24B | $9.46B | $10.21B | $11.67B | $12.50B |
Raymond James Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $4.05B | $6.62B | $72.0M | -$3.51B | $2.15B | $2.43B |
| Cash From Investing | -$4.99B | -$5.14B | -$7.15B | -$274.0M | -$968.0M | -$4.32B |
| Cash From Financing | $4.59B | $5.25B | $5.88B | $1.44B | $438.0M | $2.36B |
| Free Cash Flow | $3.93B | $6.55B | -$19.0M | -$3.69B | $1.95B | $2.25B |
Figures from Raymond James Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Raymond James Financial financials page for every line item.
Raymond James Financial Company Profile
| Ticker | RJF |
|---|---|
| Exchange | NYSE |
| Industry | Security Brokers, Dealers & Flotation Companies |
| Headquarters | St Petersburg, Florida |
| Incorporated in | Florida |
| Fiscal Year End | September 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000720005 |
Frequently Asked Questions
What was Raymond James Financial's revenue in fiscal 2025?
Raymond James Financial (RJF) reported revenue of $14.06B for fiscal 2025.
What is Raymond James Financial's annual revenue history?
Raymond James Financial's annual revenue by fiscal year: 2020: $7.99B; 2021: $9.73B; 2022: $11.10B; 2023: $11.75B; 2024: $12.87B; 2025: $14.06B.
What was Raymond James Financial's net income in fiscal 2025?
Raymond James Financial reported net income of $2.13B for fiscal 2025.
What was Raymond James Financial's earnings per share (EPS) in fiscal 2025?
Raymond James Financial's diluted EPS was $10.30 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Raymond James Financial generate in fiscal 2025?
Raymond James Financial generated $2.25B of free cash flow in fiscal 2025.
What was Raymond James Financial's revenue last quarter?
In its most recent reported quarter (2026 Q3), Raymond James Financial reported revenue of $3.93B.
How much debt does Raymond James Financial have?
Raymond James Financial reported $4.22B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Raymond James Financial are outstanding?
Raymond James Financial reported a weighted average of 194.0 million basic shares outstanding in 2026 Q3.
What is Raymond James Financial's market cap?
Based on its latest closing price, Raymond James Financial (RJF) has a market capitalization of about $30.91B.
When does Raymond James Financial's fiscal year end?
Raymond James Financial's fiscal year end, as registered with the SEC, is September 30.
Where is Raymond James Financial headquartered?
Raymond James Financial lists its business address in St Petersburg, Florida in its SEC filings.
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