Raymond James Financial, Inc. (RJF) — Financial statements
Income statement, balance sheet, and cash flow for Raymond James Financial, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 15,912↑7.9% | 14,741↑14.8% | 12,841↑15.1% | 11,156↑14.1% | 9,780 | |
| Cost of Revenue | 1,884↓12.2% | 2,147↑42.7% | 1,505↑271.6% | 405↑243.2% | 118 | |
| Gross Profit | 14,028↑11.4% | 12,594↑11.1% | 11,336↑5.4% | 10,751↑11.3% | 9,662 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 7,241↓11.8% | 8,213↑12.5% | 7,299↓0.4% | 7,329↑11.3% | 6,584 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 7,241↓11.8% | 8,213↑12.5% | 7,299↓0.4% | 7,329↑11.3% | 6,584 | |
| Other Expenses | 2,226↑28.1% | 1,738↓1.1% | 1,757↑25.5% | 1,400↑8.8% | 1,287 | |
| Operating Expenses | 9,467↓4.9% | 9,951↑9.9% | 9,056↑3.7% | 8,729↑10.9% | 7,871 | |
| Total Costs & Expenses | 11,351↓6.2% | 12,098↑14.6% | 10,561↑15.6% | 9,134↑14.3% | 7,989 | |
| Operating Results | ||||||
| Operating Income | 4,561↑72.6% | 2,643↑15.9% | 2,280↑12.8% | 2,022↑12.9% | 1,791 | |
| Depreciation & Amortization | 195↑8.9% | 179↑8.5% | 165↑13.8% | 145↑8.2% | 134 | |
| EBITDA | 4,756↑68.5% | 2,822↑15.4% | 2,445↑12.8% | 2,167↑12.6% | 1,925 | |
| EBIT | 4,561↑72.6% | 2,643↑15.9% | 2,280↑12.8% | 2,022↑12.9% | 1,791 | |
| Interest & Other Income | ||||||
| Net Interest Income | 2,147↑0.8% | 2,130↓10.3% | 2,375↑97.4% | 1,203↑78.8% | 673 | |
| Interest Income | 3,994↓5.6% | 4,232↑12.9% | 3,748↑148.5% | 1,508↑83.2% | 823 | |
| Interest Expense | 1,847↓12.1% | 2,102↑53.1% | 1,373↑350.2% | 305↑103.3% | 150 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -1,847 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 2,714↑2.7% | 2,643↑15.9% | 2,280↑12.8% | 2,022↑12.9% | 1,791 | |
| Income Tax Expense | 579↑0.7% | 575↑6.3% | 541↑5.5% | 513↑32.2% | 388 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,135↑3.2% | 2,068↑18.9% | 1,739↑15.2% | 1,509↑7.6% | 1,403 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,135↑3.2% | 2,068↑18.9% | 1,739↑15.2% | 1,509↑7.6% | 1,403 | |
| Bottom-Line Net Income | 2,127↑3.3% | 2,059↑19.2% | 1,728↑15.0% | 1,502↑7.2% | 1,401 | |
| EPS (Basic) | 10.53↑5.9% | 9.94↑21.8% | 8.16↑14.0% | 7.16↑5.1% | 6.81 | |
| EPS (Diluted) | 10.30↑6.2% | 9.70↑21.7% | 7.97↑14.2% | 6.98↑5.3% | 6.63 | |
| Weighted Average Shares | 202↓2.5% | 207↓2.2% | 212↑0.9% | 210↑2.0% | 206 | |
| Weighted Average Diluted Shares | 207↓2.7% | 212↓2.1% | 217↑0.7% | 215↑1.9% | 211 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.