Financials in USD. Standardized financial statements.
A compact view of how Raymond James Financial, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $15.91B | $14.74B | $12.84B | $11.16B | $9.78B | $8.07B | $7.93B | $7.38B | $6.45B | $5.46B |
| Revenue Growth? | +7.9% | +14.8% | +15.1% | +14.1% | +21.2% | +1.7% | +7.4% | +14.6% | +18.0% | 0.0% |
| Cost of Revenue? | $1.88B | $2.15B | $1.50B | $405.00M | $118.00M | $411.00M | $305.00M | $222.00M | $167.00M | $144.22M |
| Gross Profit? | $14.03B | $12.59B | $11.34B | $10.75B | $9.66B | $7.66B | $7.62B | $7.16B | $6.28B | $5.32B |
| Gross Margin? | +88.2% | +85.4% | +88.3% | +96.4% | +98.8% | +94.9% | +96.2% | +97.0% | +97.4% | +97.4% |
| Operating Expenses? | $9.47B | $9.95B | $9.06B | $8.73B | $7.87B | $6.60B | $6.25B | $5.85B | $5.35B | $4.51B |
| Operating Income? | $4.56B | $2.64B | $2.28B | $2.02B | $1.79B | $1.05B | $1.38B | $1.31B | $925.00M | $811.94M |
| EBITDA? | $4.76B | $2.82B | $2.44B | $2.17B | $1.93B | $1.17B | $1.49B | $1.41B | $1.01B | $884.33M |
| Income Before Tax | $2.71B | $2.64B | $2.28B | $2.02B | $1.79B | $1.05B | $1.38B | $1.31B | $925.00M | $811.94M |
| Income Tax Expense | $579.00M | $575.00M | $541.00M | $513.00M | $388.00M | $234.00M | $341.00M | $454.00M | $289.00M | $271.29M |
| Net Income? | $2.13B | $2.07B | $1.74B | $1.51B | $1.40B | $818.00M | $1.03B | $857.00M | $636.00M | $529.35M |
| EPS? | $10.53 | $9.94 | $8.16 | $7.16 | $6.81 | $3.96 | $4.88 | $3.93 | $2.96 | $2.48 |
| Diluted EPS? | $10.30 | $9.70 | $7.97 | $6.98 | $6.63 | $3.89 | $4.78 | $3.84 | $2.89 | $2.44 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality