Raymond James Financial, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 9.78B | 11.16B | 12.84B | 14.74B | 15.91B | 7.9% | |
| Cost of Revenue | (118.00M) | (405.00M) | (1.50B) | (2.15B) | (1.88B) | -12.2% | |
Gross Profit | 9.66B | 10.75B | 11.34B | 12.59B | 14.03B | 11.4% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (6.58B) | (7.33B) | (7.30B) | (8.21B) | (7.24B) | -11.8% | |
| General & Administrative | (6.58B) | (7.33B) | (7.30B) | (8.21B) | (7.24B) | -11.8% | |
| Depreciation & Amortization | (134.00M) | (145.00M) | (165.00M) | (179.00M) | (195.00M) | 8.9% | |
Operating Income (EBIT) | 1.79B | 2.02B | 2.28B | 2.64B | 4.56B | 72.6% | |
| Non-Operating Items | |||||||
| Interest Income | 823.00M | 1.51B | 3.75B | 4.23B | 3.99B | -5.6% | |
| Interest Expense | (150.00M) | (305.00M) | (1.37B) | (2.10B) | (1.85B) | -12.1% | |
| Other Income/Expenses (Net) | — | — | — | — | -1.85B | — | |
Income Before Tax | 1.79B | 2.02B | 2.28B | 2.64B | 2.71B | 2.7% | |
| Income Tax Expense | (388.00M) | (513.00M) | (541.00M) | (575.00M) | (579.00M) | 0.7% | |
Net Income | 1.40B | 1.51B | 1.74B | 2.07B | 2.13B | 3.2% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $7 | $7 | $8 | $10 | $11 | 5.9% | |
| Weighted Avg Shares Outstanding | 205.70M | 209.90M | 211.80M | 207.10M | 202.00M | -2.5% | |
| Weighted Avg Shares Outstanding (Diluted) | 211.20M | 215.30M | 216.90M | 212.30M | 206.60M | -2.7% | |
EBITDA | 1.93B | 2.17B | 2.44B | 2.82B | 4.76B | 68.5% |
Explore RJF
RJF in the Financial Services
Large Cap