FirmAtlas
Company handbook · RJF · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
RJF · CIK 720005 · LATEST FILING: 10-Q JUN '26 · FILED AUG 5, 2026
RAYMOND JAMES FINANCIAL, INC.
$156.78
−0.59 (−0.37%)
Close, Oct 16, 2026 · 52-week $139–183
Last fiscal year
RAYMOND JAMES FINANCIAL, INC. reported revenue of $15.9B for the year ended Sep 30, 2025 (FY25), up 6.6% from FY24. Net income was $2.1B, operating cash flow $2.4B and free cash flow $2.2B. Source: 10-K filed Nov 25, 2025.
Market cap
$31.1B
P/E
13.5
P/B
2.5
Div yield
1.38%
Revenue 1Y
6.6%/yr
EPS 1Y
6.2%/yr
Shares 1Y
−3%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOPaul M. Shoukry
HQSt Petersburg, FL
AuditorKPMG LLP
Employees19,500
Year endsSeptember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
15.0%
9.4%
15.6%
−2.1%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$1.2B deployed
Capex
$393M
33.0%
Dividends
$799M
67.0%
Operating cash flow over the period: $4.6B. Total debt changed by $0M.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Sep 30, 2025 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
Per-share figures are split-adjusted (2-for-1 split after FY19).
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Balance sheet
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
2,155
2,434+12.9%
1,639
Net income
2,068
2,135+3.2%
—
Depreciation & amortization
58
68+17.2%
—
Stock-based compensation
254
254+0.0%
—
Working capital & other
(225)
(23)n/m
—
Cash from investing
(968)
(4,321)n/m
—
Capex
(205)
(188)n/m
—
Acquisitions
0
—
—
Investments bought
(503)
(582)n/m
—
Investments sold / matured
2,010
1,976−1.7%
—
Other investing
(2,270)
(5,527)n/m
—
Cash from financing
438
2,361+439.0%
—
Debt raised
0
1,480n/m
—
Dividends
(383)
(416)n/m
—
Other financing
821
1,297+58.0%
—
Net change in cash
1,800
439−75.6%
—
Free cash flow (OCF − capex)
1,950
2,246+15.2%
1,442
Where the cash went
Operating cash flow
2,155
2,434+12.9%
1,639
Reinvested in the business
205
188−8.3%
—
% of operating cash flow
9.5%
7.7%
Capex
205
188−8.3%
197
Acquisitions
0
—
—
Free cash flow
1,950
2,246+15.2%
1,442
YoY
+15.2%
Returned to shareholders
383
416+8.6%
—
% of free cash flow
19.6%
18.5%
Dividends
383
416+8.6%
—
FCF conversion (FCF ÷ net income)
94.3%
105.2%+10.9 pp
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
4,190
4,176
4,262
4,362
vs year-ago quarter
Net income
604
563
544
595
vs year-ago quarter
Net margin
14.4%
13.5%
12.8%
13.6%
EPS (diluted, $)
3.05
2.79
2.72
3.01
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
88,230
88,760
91,944
94,237
Cash & equivalents
14,787
13,570
14,964
13,254
Shareholders’ equity
12,503
12,570
12,567
12,699
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
796
(10)
1,099
(246)
Capex
44
46
45
62
Free cash flow
752
(56)
1,054
(308)
vs year-ago quarter