Raymond James Financial, Inc. (RJF) Financial Statements

Executive TeamFinancials
SegmentsShareholders

Raymond James Financial financial statements at a glance

Raymond James Financial reported revenue of $15.91 billion for fiscal year 2025 (ended September 30, 2025), up 6.6% from fiscal year 2024. Net income was $2.14 billion, a net margin of 13.4%.

At the end of fiscal year 2025 it had total assets of $88.23 billion, total liabilities of $75.73 billion and shareholders' equity of $12.50 billion, with total debt of $64.23 billion.

Its operations brought in $2.43 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended September 30, 2025.

RJF logo

Raymond James Financial, Inc.

RJFUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Revenue
15.91B
Prev Year: 14.92B
YoY: +6.6%
Total Revenue
-
Cost of Revenue
2.22B
Prev Year: 2.43B
YoY: -8.5%
Gross Profit
13.69B
Prev Year: 12.49B
YoY: +9.6%
Pre-tax Income
-
SG&A Expenses
10.23B
Prev Year: 9.25B
YoY: +10.6%
Depreciation/Amortization
195.00M
Prev Year: 179.00M
YoY: +8.9%
Net Income Common Stockholders
-
Other Operating Expenses, Total
492.00M
Prev Year: 359.00M
YoY: +37.0%
Diluted NI Available to Com Stockholders
-
Operating Expenses
13.20B
Prev Year: 12.28B
YoY: +7.5%
Basic EPS
-
Operating Income
2.71B
Prev Year: 2.64B
YoY: +2.7%
Diluted EPS
-
Net Income Before Taxes
2.71B
Prev Year: 2.64B
YoY: +2.7%
Weighted Average Shares (basic)
-
Provision for Income Taxes
579.00M
Prev Year: 575.00M
YoY: +0.7%
Weighted Average Shares (diluted)
-
Net Income After Taxes
2.13B
Prev Year: 2.07B
YoY: +3.2%
Net Income from Continuing and Discontinued Operation
-
Net Income Before Extra. Items
2.13B
Prev Year: 2.07B
YoY: +3.2%
Normalized Income
-
Net Income
2.13B
Prev Year: 2.07B
YoY: +3.2%
Reconciled Depreciation
-
Total Adjustments to Net Income
-8.00M
Prev Year: -9.00M
YoY: +11.1%
Net Income from Continuing Operation Net Minority Interest
-
Income Available to Com Excl ExtraOrd
2.13B
Prev Year: 2.06B
YoY: +3.3%
Tax Rate for Calcs
-
Income Available to Com Incl ExtraOrd
2.13B
Prev Year: 2.06B
YoY: +3.3%
Tax Effect of Unusual Items
-
Diluted Net Income
2.13B
Prev Year: 2.06B
YoY: +3.3%
Total Unusual Items
-
Diluted Weighted Average Shares
206.60M
Prev Year: 212.30M
YoY: -2.7%
Total Unusual Items Excluding Goodwill
-
Diluted EPS Excluding ExtraOrd Items
10.295
Prev Year: 9.699
YoY: +6.2%
Net Interest Income
-
DPS - Common Stock Primary Issue
1.95
Prev Year: 1.77
YoY: +10.2%
Interest Expense
-
Diluted Normalized EPS
10.673
Prev Year: 10.104
YoY: +5.6%
Otherunder Preferred Stock Dividend
-
Unusual Expense (Income)
56.00M
Prev Year: 63.00M
YoY: -11.1%
Special Income Charges
-
Values in USD

Raymond James Financial key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$15.9B$14.9B$13.0B$11.3B$9.6B
Gross profit$13.7B$12.5B$11.3B$10.7B–
Operating income$2.7B$2.6B$2.3B$2.0B–
Net income$2.1B$2.1B$1.7B$1.5B$1.4B
Diluted EPS––––$6.63
Total assets$88.2B$83.0B$78.4B$81.0B$61.9B
Total liabilities$75.7B$71.3B$68.1B$71.5B$53.6B
Shareholders' equity$12.5B$11.7B$10.2B$9.5B$8.2B
Cash––––$7.2B
Total debt$64.2B$60.0B$57.7B$55.2B$2.9B
Operating cash flow$2.4B$2.2B-$3.5B$72.0M$6.6B
Capital spending––––$74.0M
Free cash flow––––$6.6B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2021.

Questions and answers

What was Raymond James Financial's revenue in fiscal year 2025?

$15.91 billion, up 6.6% from $14.92 billion in fiscal year 2024.

How much profit does Raymond James Financial make?

Raymond James Financial reported net income of $2.14 billion for fiscal year 2025 (13.4% of revenue); operating income was $2.71 billion.

How much cash and debt does Raymond James Financial have?

At the end of fiscal year 2025: total debt of $64.23 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
LinkedInLinkedInXXYouTubeYouTube