RJF financial statements
The full income statement, balance sheet, and cash-flow statement for Raymond James Financial Inc. (RJF), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| 14.1B+9.7% | 12.8B+10.3% | 11.6B+2.8% | 11.3B+14.1% | 9.91B+21.3% | ||
| Noninterest income | 11.9B+11.5% | 10.7B+15.7% | 9.24B | — | — | |
| Amortization of intangibles | 41.0M-6.8% | 44.0M-2.2% | 45.0M+36.4% | 33.0M+57.1% | 21.0M+61.5% | |
| Noninterest expense | 11.4B+11.5% | 10.2B+9.0% | 9.34B+4.0% | 8.98B+12.7% | 7.97B+14.9% | |
| Provision for credit losses | 122M+481.0% | 21.0M-92.8% | 292M+163.1% | 111M+655.0% | -20.0M-107.8% | |
| Interest expense | — | — | 1.37B+350.2% | 305M+103.3% | 150M-15.7% | |
| Interest & investment income | 3.99B-5.6% | 4.23B+12.9% | 3.75B+148.5% | 1.51B+83.2% | 823M-17.7% | |
| Net interest income | 2.15B+0.8% | 2.13B-10.3% | 2.38B+97.4% | 1.20B+78.8% | 673M-18.1% | |
| Pre-tax income | — | — | 2.28B+12.8% | 2.02B+12.9% | 1.79B+70.2% | |
| Income tax | 579M+0.7% | 575M+6.3% | 541M+5.5% | 513M+32.2% | 388M+65.8% | |
| 2.13B+3.2% | 2.07B+18.9% | 1.74B+15.2% | 1.51B+7.6% | 1.40B+71.5% | ||
| Preferred dividends | — | — | 7.00M+75.0% | 4.00M | — | |
| Net income to common | 2.13B+3.2% | 2.06B+19.0% | 1.73B+15.1% | 1.50B+7.3% | 1.40B+71.5% | |
| $10.30+6.2% | $9.70+21.7% | $7.97+14.2% | $6.98+5.3% | $6.63+70.9% | ||
| EPS (basic) | $10.53+5.9% | $9.94+21.8% | $8.16+14.0% | $7.16+5.1% | $6.81+72.0% | |
| Weighted-avg shares (basic) | 202M-2.5% | 207M-2.2% | 212M+0.9% | 210M+2.0% | 206M-0.3% | |
| Weighted-avg shares (diluted) | 207M-2.7% | 212M-2.1% | 217M+0.7% | 215M+1.9% | 211M+0.4% | |
| Dividends per share | $2.00+11.1% | $1.80+7.1% | $1.68+31.2% | $1.28+23.1% | $1.04+7.2% | |
| Balance Sheet | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| Cash & equivalents | 11.4B+3.6% | 11.0B+18.1% | 9.31B+50.7% | 6.18B-14.2% | 7.20B+33.6% | |
| 88.2B+6.3% | 83.0B+5.9% | 78.4B-3.2% | 81.0B+30.8% | 61.9B+30.3% | ||
| Property, plant & equipment | 670M+5.5% | 635M+13.2% | 561M+11.5% | 503M+0.8% | 499M-6.7% | |
| Operating lease right-of-use | 583M+2.6% | 568M+1.4% | 560M+16.7% | 480M+7.6% | 446M+38.9% | |
| Goodwill | 1.45B+0.0% | 1.45B+1.0% | 1.44B+1.1% | 1.42B+115.5% | 660M+41.6% | |
| Intangible assets | 396M-9.0% | 435M-7.4% | 470M-7.7% | 509M+129.3% | 222M+65.7% | |
| Deferred tax assets | 671M+3.1% | 651M-8.4% | 711M+12.9% | 630M+106.6% | 305M+16.4% | |
| 75.7B+6.2% | 71.3B+4.6% | 68.2B-4.7% | 71.5B+33.5% | 53.6B+33.0% | ||
| Long-term debt | 3.52B+72.5% | 2.04B+0.0% | 2.04B+103.9% | 1.00B+12400.0% | 8.00M-99.6% | |
| Operating lease liability (total) | 538M+0.9% | 533M-1.1% | 539M+11.8% | 482M+7.1% | 450M+30.4% | |
| 12.5B+7.1% | 11.7B+14.3% | 10.2B+8.0% | 9.46B+14.7% | 8.24B+15.9% | ||
| Preferred stock | 79.0M+0.0% | 79.0M+0.0% | 79.0M-34.2% | 120M | 0.00 | |
| Common stock | 3.00M+50.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | 2.00M+0.0% | |
| Additional paid-in capital | 3.23B-0.5% | 3.25B+3.4% | 3.14B+5.2% | 2.99B+43.1% | 2.09B+4.0% | |
| Retained earnings | 13.6B+14.4% | 11.9B+16.5% | 10.2B+15.5% | 8.84B+15.9% | 7.63B+17.7% | |
| Treasury stock | 4.02B+31.8% | 3.05B+35.5% | 2.25B+48.9% | 1.51B+5.2% | 1.44B+3.4% | |
| Accumulated other comprehensive income | -396M+21.1% | -502M+48.3% | -971M+1.1% | -982M-2295.1% | -41.0M-472.7% | |
| Non-controlling interest | 1.00M+116.7% | -6.00M+77.8% | -27.0M-3.8% | -26.0M-144.8% | 58.0M-6.5% | |
| Total equity incl. non-controlling | 12.5B+7.2% | 11.7B+14.5% | 10.2B+8.0% | 9.43B+13.6% | 8.30B+15.7% | |
| Total liabilities & equity | 88.2B+6.3% | 83.0B+5.9% | 78.4B-3.2% | 81.0B+30.8% | 61.9B+30.3% | |
| Common shares issued | 250M+0.0% | 250M+0.5% | 249M+0.3% | 248M+3.7% | 239M+0.2% | |
| Common shares outstanding | 198M-2.5% | 203M-2.6% | 209M-2.9% | 215M+4.6% | 206M+0.4% | |
| Shares outstanding (cover) | 197M-3.6% | 204M-2.2% | 209M-3.0% | 215M+4.3% | 206M+0.4% | |
| Cash Flow | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| 2.43B+12.9% | 2.15B+161.3% | -3.51B-4980.6% | 72.0M-98.9% | 6.65B+63.2% | ||
| Depreciation & amortization | 195M+8.9% | 179M+8.5% | 165M+13.8% | 145M+8.2% | 134M+12.6% | |
| Intangible amortization | 41.0M-6.8% | 44.0M-2.2% | 45.0M+36.4% | 33.0M+57.1% | 21.0M+61.5% | |
| Share-based compensation | 254M+0.0% | 254M+7.2% | 237M+23.4% | 192M+45.5% | 132M+10.0% | |
| Deferred income taxes | -52.0M+37.3% | -83.0M+5.7% | -88.0M-450.0% | -16.0M+56.8% | -37.0M+5.1% | |
| Change in payables | 7.00M-92.3% | 91.0M+101.5% | -6.09B-44.5% | -4.21B-157.7% | 7.31B+191.7% | |
| -4.32B-346.4% | -968M-253.3% | -274M+96.2% | -7.15B-39.1% | -5.14B-3.1% | ||
| Capital expenditure | 188M-8.3% | 205M+18.5% | 173M+90.1% | 91.0M+23.0% | 74.0M-40.3% | |
| Free cash flow | 2.25B+15.2% | 1.95B+152.9% | -3.69B-19305.3% | -19.0M-100.3% | 6.57B+66.4% | |
| Acquisitions | 0.00 | 0.00 | 0.00+100.0% | -1.46B-649.2% | 266M+5220.0% | |
| Sales/maturities of investments | 1.98B-1.7% | 2.01B+59.3% | 1.26B-26.3% | 1.71B-21.5% | 2.18B+83.6% | |
| Other investing activities | 57.0M-10.9% | 64.0M-7.2% | 69.0M-25.8% | 93.0M+389.5% | 19.0M-67.8% | |
| 2.36B+439.0% | 438M-69.5% | 1.44B-75.5% | 5.88B+12.4% | 5.23B+14.4% | ||
| Long-term debt issued | 1.48B | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 128M-52.9% | |
| Dividends paid | 416M+8.6% | 383M+7.9% | 355M+28.2% | 277M+27.1% | 218M+6.3% | |
| Other financing activities | -6.00M-200.0% | -2.00M+0.0% | -2.00M+71.4% | -7.00M+22.2% | -9.00M-800.0% | |
| FX effect on cash | — | 175M-26.8% | 239M+140.5% | -590M-876.3% | 76.0M+7500.0% | |
| Net change in cash | 439M-75.6% | 1.80B+185.3% | -2.11B-17.9% | -1.79B-126.3% | 6.82B+86.0% | |
| Interest paid | 1.85B-12.6% | 2.12B+61.8% | 1.31B+305.6% | 323M+122.8% | 145M-11.6% | |
| Income taxes paid | 651M-2.0% | 664M+17.5% | 565M+7.8% | 524M+19.9% | 437M+77.6% | |
| Valuation Ratios | as ofSep 30 ’25 | as ofSep 30 ’24 | as ofSep 30 ’23 | as ofSep 30 ’22 | as ofSep 30 ’21 | |
| Market cap | 33.9B+35.9% | 25.0B+19.1% | 21.0B-1.3% | 21.3B+11.7% | 19.0B+90.9% | |
| P/E | 15.9×+31.6% | 12.1×+0.5% | 12.0×-14.6% | 14.1×+3.9% | 13.6×+11.3% | |
| P/S | 2.4×+23.8% | 1.9×+15.9% | 1.7×-10.6% | 1.9×-2.1% | 1.9×+57.4% | |
| P/B | 2.7×+26.8% | 2.1×+1.5% | 2.1×-6.2% | 2.2×-2.6% | 2.3×+64.8% | |
| P/FCF | 15.1×+17.9% | 12.8× | — | — | 2.9×+14.7% | |
| Earnings yield | 6.3%-24.0% | 8.3%-0.5% | 8.3%+17.1% | 7.1%-3.7% | 7.4%-10.2% | |
| FCF yield | 6.6%-15.2% | 7.8% | — | — | 34.6%-12.8% | |
| Dividend yield | 1.2%-21.2% | 1.5%-12.1% | 1.7%+29.1% | 1.3%+14.9% | 1.1%-43.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: RJF’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all RJF filings on SEC EDGAR → Not investment advice.
