RAYMOND JAMES FINANCIAL INC (RJF)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue4,190,000,000$3,842,000,000$3,845,000,000$4,035,000,000$4,003,000,000$3,762,000,000$3,638,000,000$3,520,000,000$3,515,000,000$3,293,000,000$3,157,000,000$3,027,000,000$3,001,000,000$2,778,000,000$2,711,000,000$2,818,000,000$2,730,000,000$2,511,000,000$2,409,000,000$2,260,000,000$2,121,000,000$1,876,000,000$2,111,000,000$2,060,000,000$2,085,000,000$2,000,000,000$1,934,000,000$2,004,000,000$1,962,000,000$1,891,000,000$1,857,000,000$1,766,000,000$1,732,811,000$1,663,107,000$1,600,314,000$1,528,768,000$1,492,156,000$1,386,997,000$1,341,110,000$1,300,857,000$1,368,499,000$1,348,713,000$1,312,624,000$1,279,844,000$1,310,778,000$1,241,283,000$1,204,625,000$1,208,774,000$
QoQ%9.06%(.08%)(4.71%).80%6.41%3.41%3.35%.14%6.74%4.31%4.30%.87%8.03%2.47%(3.80%)3.22%8.72%4.23%6.59%6.55%13.06%(11.13%)2.48%(1.20%)4.25%3.41%(3.49%)2.14%3.76%1.83%5.15%1.92%4.19%3.92%4.68%2.45%7.58%3.42%3.09%(4.94%)1.47%2.75%2.56%(2.36%)5.60%3.04%(.34%)5.09%
YoY%4.67%2.13%5.69%14.63%13.88%14.24%15.24%16.29%17.13%18.54%16.45%7.42%9.93%10.63%12.54%24.69%28.71%33.85%14.12%9.71%1.73%(6.20%)9.15%2.79%6.27%5.76%4.15%13.48%13.23%13.70%16.04%15.52%16.13%19.91%19.33%17.52%9.04%2.84%2.17%1.64%4.40%8.66%8.97%5.88%13.96%9.10%2.93%6.27%
Cost Of Revenue15,000,000$83,000,000$17,000,000$7,000,000$22,000,000$(10,000,000$)21,000,000$7,000,000$101,000,000$113,000,000$57,000,000$21,000,000$39,000,000$56,000,000$24,000,000$(8,000,000$)9,000,000$(15,000,000$)(30,000,000$)16,000,000$48,000,000$85,000,000$123,000,000$1,000,000$14,000,000$7,000,000$6,000,000$32,000,000$21,000,000$20,000,000$5,000,000$9,000,000$(123,131,000$)15,138,000$110,976,000$33,017,000$11,372,000$(7,933,000$)16,367,000$22,588,000$14,356,000$(2,391,000$)6,045,000$16,267,000$11,190,000$5,885,000$4,074,000$5,265,000$
Gross Profit4,175,000,000$3,759,000,000$3,828,000,000$4,028,000,000$3,981,000,000$3,772,000,000$3,617,000,000$3,513,000,000$3,414,000,000$3,180,000,000$3,100,000,000$3,006,000,000$2,962,000,000$2,722,000,000$2,687,000,000$2,826,000,000$2,721,000,000$2,526,000,000$2,439,000,000$2,244,000,000$2,073,000,000$1,791,000,000$1,988,000,000$2,059,000,000$2,071,000,000$1,993,000,000$1,928,000,000$1,972,000,000$1,941,000,000$1,871,000,000$1,852,000,000$1,757,000,000$1,855,942,000$1,647,969,000$1,489,338,000$1,495,751,000$1,480,784,000$1,394,930,000$1,324,743,000$1,278,269,000$1,354,143,000$1,351,104,000$1,306,579,000$1,263,577,000$1,299,588,000$1,235,398,000$1,200,551,000$1,203,509,000$
Gross Margin99.64%97.84%99.56%99.83%99.45%100.27%99.42%99.80%97.13%96.57%98.19%99.31%98.70%97.98%99.12%100.28%99.67%100.60%101.25%99.29%97.74%95.47%94.17%99.95%99.33%99.65%99.69%98.40%98.93%98.94%99.73%99.49%107.11%99.09%93.07%97.84%99.24%100.57%98.78%98.26%98.95%100.18%99.54%98.73%99.15%99.53%99.66%99.56%
Operating Expenses2,996,000,000$2,835,000,000$2,732,000,000$2,788,000,000$2,702,000,000$2,584,000,000$2,509,000,000$2,383,000,000$2,468,000,000$2,421,000,000$2,316,000,000$2,134,000,000$2,215,000,000$2,303,000,000$2,240,000,000$2,223,000,000$2,135,000,000$2,086,000,000$1,925,000,000$1,823,000,000$1,823,000,000$1,636,000,000$1,829,000,000$1,650,000,000$1,669,000,000$1,585,000,000$1,512,000,000$1,599,000,000$1,549,000,000$1,519,000,000$1,480,000,000$1,415,000,000$1,410,773,000$1,347,606,000$1,402,334,000$1,285,287,000$1,217,032,000$1,154,110,000$1,117,893,000$1,104,085,000$1,105,344,000$1,119,694,000$1,110,145,000$1,053,811,000$1,079,887,000$1,035,298,000$1,025,646,000$1,004,590,000$
Operating Income
Operating Margin
Interest Income1,014,000,000$990,000,000$963,000,000$1,027,000,000$1,073,000,000$1,057,000,000$1,049,000,000$1,053,000,000$1,019,000,000$987,000,000$1,049,000,000$827,000,000$667,000,000$374,000,000$242,000,000$225,000,000$215,000,000$205,000,000$200,000,000$203,000,000$201,000,000$217,000,000$285,000,000$297,000,000$320,000,000$321,000,000$324,000,000$316,000,000$292,000,000$271,000,000$249,000,000$232,000,000$222,450,000$204,224,000$192,544,000$182,782,000$172,477,000$163,810,000$161,638,000$142,472,000$139,613,000$137,147,000$134,413,000$132,109,000$126,009,000$119,391,000$118,393,000$117,093,000$
Interest Expenses463,000,000$444,000,000$442,000,000$498,000,000$541,000,000$534,000,000$520,000,000$507,000,000$462,000,000$386,000,000$284,000,000$241,000,000$170,000,000$60,000,000$38,000,000$37,000,000$35,000,000$40,000,000$37,000,000$38,000,000$42,000,000$42,000,000$43,000,000$51,000,000$62,000,000$73,000,000$75,000,000$73,000,000$63,000,000$54,000,000$45,000,000$40,000,000$42,797,000$38,560,000$36,677,000$35,966,000$32,215,000$28,033,000$29,109,000$26,699,000$24,120,000$27,724,000$26,846,000$27,384,000$25,687,000$27,052,000$25,980,000$25,372,000$
Income Before Tax731,000,000$563,000,000$671,000,000$749,000,000$760,000,000$644,000,000$609,000,000$630,000,000$585,000,000$486,000,000$557,000,000$652,000,000$616,000,000$415,000,000$433,000,000$558,000,000$560,000,000$385,000,000$447,000,000$399,000,000$256,000,000$198,000,000$239,000,000$359,000,000$354,000,000$342,000,000$347,000,000$332,000,000$350,000,000$318,000,000$332,000,000$311,000,000$278,440,000$275,014,000$165,513,000$206,379,000$236,422,000$197,765,000$198,118,000$168,338,000$206,816,000$208,130,000$180,320,000$202,908,000$212,414,000$191,243,000$165,464,000$178,924,000$
Tax Expenses127,000,000$127,000,000$176,000,000$149,000,000$158,000,000$152,000,000$133,000,000$132,000,000$151,000,000$117,000,000$130,000,000$143,000,000$177,000,000$114,000,000$110,000,000$112,000,000$131,000,000$78,000,000$92,000,000$87,000,000$47,000,000$26,000,000$70,000,000$91,000,000$89,000,000$83,000,000$86,000,000$83,000,000$87,000,000$86,000,000$89,000,000$192,000,000$84,840,000$91,590,000$52,758,000$59,812,000$64,752,000$72,261,000$72,271,000$62,009,000$77,630,000$74,935,000$66,857,000$76,612,000$76,048,000$68,554,000$60,904,000$62,291,000$
Net Income604,000,000$436,000,000$495,000,000$600,000,000$602,000,000$492,000,000$476,000,000$498,000,000$434,000,000$369,000,000$427,000,000$509,000,000$439,000,000$301,000,000$323,000,000$446,000,000$429,000,000$307,000,000$355,000,000$312,000,000$209,000,000$172,000,000$169,000,000$268,000,000$265,000,000$257,000,000$249,000,000$247,000,000$256,917,000$232,000,000$243,000,000$119,000,000$197,268,000$185,351,000$108,545,000$147,703,000$178,157,000$132,593,000$121,837,000$108,064,000$161,405,000$126,360,000$108,776,000$122,037,000$129,156,000$110,379,000$92,095,000$116,521,000$
Profit Margin14.42%11.35%12.87%14.87%15.04%13.08%13.08%14.15%12.35%11.21%13.53%16.82%14.63%10.84%11.91%15.83%15.71%12.23%14.74%13.81%9.85%9.17%8.01%13.01%12.71%12.85%12.88%12.33%13.10%12.27%13.09%6.74%11.38%11.15%6.78%9.66%11.94%9.56%9.09%8.31%11.79%9.37%8.29%9.54%9.85%8.89%7.65%9.64%
TTM13.42%13.56%13.99%14.06%13.86%13.16%12.72%12.81%13.39%13.98%14.01%13.65%13.35%13.58%13.97%14.68%14.16%12.72%12.09%10.30%10.02%10.75%11.62%12.86%12.69%12.78%12.64%12.69%11.38%10.92%10.61%9.02%9.79%9.86%9.44%10.09%9.79%9.71%9.66%9.47%9.77%9.26%9.14%9.01%9.03%9.01%8.58%8.99%
Earnings to Minority1,000,000$1,000,000$2,000,000$1,000,000$1,000,000$1,000,000$2,000,000$1,000,000$2,000,000$2,000,000$2,000,000$2,000,000$2,000,000$(2,000,000$)(12,000,000$)(2,000,000$)(5,921,000$)(16,000$)0$0$3,779,000$1,927,000$(4,210,000$)1,136,000$6,487,000$7,089,000$(4,010,000$)1,735,000$32,219,000$(6,835,000$)(4,687,000$)(4,259,000$)(7,210,000$)(12,310,000$)(12,465,000$)(112,000$)
Earnings to Common Shareholders603,000,000$435,000,000$493,000,000$599,000,000$601,000,000$491,000,000$474,000,000$497,000,000$432,000,000$369,000,000$425,000,000$507,000,000$437,000,000$299,000,000$323,000,000$446,000,000$429,000,000$307,000,000$355,000,000$312,000,000$209,000,000$172,000,000$169,000,000$268,000,000$265,000,000$259,000,000$261,000,000$249,000,000$263,000,000$232,000,000$243,000,000$119,000,000$193,254,000$183,424,000$112,755,000$146,567,000$171,670,000$125,504,000$125,847,000$106,329,000$129,186,000$133,195,000$113,463,000$126,296,000$136,366,000$122,689,000$104,560,000$116,633,000$
QoQ%38.62%(11.77%)(17.70%)(.33%)22.40%3.59%(4.63%)15.05%17.07%(13.18%)(16.17%)16.02%46.15%(7.43%)(27.58%)3.96%39.74%(13.52%)13.78%49.28%21.51%1.78%(36.94%)1.13%2.32%(.77%)4.82%(5.32%)13.36%(4.53%)104.20%(38.42%)5.36%62.68%(23.07%)(14.62%)36.78%(.27%)18.36%(17.69%)(3.01%)17.39%(10.16%)(7.39%)11.15%17.34%(10.35%)(.70%)
YoY%.33%(11.41%)4.01%20.52%39.12%33.06%11.53%(1.97%)(1.14%)23.41%31.58%13.68%1.87%(2.61%)(9.01%)42.95%105.26%78.49%110.06%16.42%(21.13%)(33.59%)(35.25%)7.63%.76%11.64%7.41%109.24%36.09%26.48%115.51%(18.81%)12.57%46.15%(10.40%)37.84%32.89%(5.77%)10.92%(15.81%)(5.27%)8.56%8.52%8.29%16.10%46.30%30.77%35.82%
Earnings Per Share, Basic3.03$2.16$2.41$2.94$2.94$2.37$2.28$2.38$2.08$1.76$1.98$2.36$2.03$1.42$1.56$2.16$2.09$1.49$1.72$1.52$0.51$1.25$1.22$1.94$0.63$1.84$1.85$1.73$1.81$1.59$1.67$0.82$1.34$1.28$0.79$1.03$1.21$0.89$0.89$0.74$0.90$0.93$0.80$0.89$0.97$0.87$0.75$0.84$
Earnings Per Share, Diluted2.97$2.12$2.36$2.86$2.87$2.31$2.22$2.32$2.03$1.72$1.94$2.30$1.99$1.39$1.52$2.10$2.03$1.45$1.68$1.49$0.50$1.23$1.20$1.89$0.62$1.80$1.81$1.69$1.77$1.55$1.63$0.80$1.32$1.25$0.77$1.01$1.19$0.87$0.87$0.73$0.89$0.91$0.78$0.87$0.95$0.85$0.73$0.82$
Unlevered FCF Per Share, Basic3.78$3.15$0.35$3.87$2.25$3.17$1.64$2.36$1.84$(1.15$)(3.11$)(14.73$)(21.04$)27.12$5.27$(11.18$)22.07$6.67$(5.91$)9.24$3.38$(2.29$)17.07$3.69$1.53$(1.17$)(1.68$)1.37$4.27$(2.80$)1.03$2.67$
Unlevered FCF Per Share, Diluted3.70$3.09$0.34$3.77$2.19$3.09$1.60$2.31$1.80$(1.12$)(3.04$)(14.35$)(20.54$)26.49$5.14$(10.86$)21.38$6.48$(5.77$)9.05$3.32$(2.25$)16.74$3.60$1.50$(1.14$)(1.65$)1.34$4.19$(2.73$)1.01$2.60$
Average Shares, Basic198,800,000201,200,000204,300,000203,700,000204,700,000206,800,000208,300,000208,600,000208,100,000210,100,000214,300,000214,700,000214,900,000210,700,000207,700,000206,300,000205,100,000205,800,000206,700,000205,200,000411,800,000137,100,000138,400,000138,300,000420,600,000140,400,000140,800,000144,200,000145,700,000145,600,000145,400,000144,500,000144,011,000143,712,000143,367,000142,110,000141,397,000141,165,000141,472,000143,058,000143,374,000143,252,000142,320,000141,246,000140,493,000140,270,000139,888,000139,089,000
Average Shares, Diluted203,000,000205,500,000208,700,000209,200,000209,700,000212,300,000213,400,000213,800,000213,200,000214,800,000219,200,000220,400,000220,100,000215,700,000213,000,000212,400,000211,700,000211,700,000211,800,000209,600,000419,200,000139,400,000141,100,000141,500,000429,200,000143,600,000143,900,000147,300,000148,500,000149,400,000149,000,000148,300,000146,843,000147,103,000146,779,000145,675,000143,947,000143,952,000144,012,000146,141,000145,931,000146,493,000146,050,000145,282,000144,138,000143,985,000143,636,000142,597,000
EBIT1,194,000,000$1,007,000,000$1,113,000,000$1,247,000,000$1,301,000,000$1,178,000,000$1,129,000,000$1,137,000,000$1,047,000,000$872,000,000$841,000,000$893,000,000$786,000,000$475,000,000$471,000,000$595,000,000$595,000,000$425,000,000$484,000,000$437,000,000$298,000,000$240,000,000$282,000,000$410,000,000$416,000,000$415,000,000$422,000,000$405,000,000$413,000,000$372,000,000$377,000,000$351,000,000$321,237,000$313,574,000$202,190,000$242,345,000$268,637,000$225,798,000$227,227,000$195,037,000$230,936,000$235,854,000$207,166,000$230,292,000$238,101,000$218,295,000$191,444,000$204,296,000$
EBITDA1,194,000,000$1,007,000,000$1,113,000,000$1,247,000,000$1,301,000,000$1,178,000,000$1,129,000,000$1,137,000,000$1,047,000,000$872,000,000$841,000,000$893,000,000$786,000,000$475,000,000$471,000,000$595,000,000$595,000,000$425,000,000$484,000,000$437,000,000$298,000,000$240,000,000$282,000,000$410,000,000$416,000,000$415,000,000$422,000,000$405,000,000$413,000,000$372,000,000$377,000,000$351,000,000$321,237,000$313,574,000$202,190,000$242,345,000$268,637,000$225,798,000$227,227,000$195,037,000$230,936,000$235,854,000$207,166,000$230,292,000$238,101,000$218,295,000$191,444,000$204,296,000$