SCHW financial statements

The full income statement, balance sheet, and cash-flow statement for Charles Schwab Corporation (SCHW), 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)

2024-06 2.07B2024-09 2.07B2024-12 1.81B2025-03 1.82B2025-06 1.82B2025-09 1.78B2025-12 1.75B2026-03 1.74B2026-06 1.73B-16.6% over 8 periods

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.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	23.9B YoY+22.0%	19.6B YoY+4.1%	18.8B YoY-9.3%	20.8B YoY+12.1%	18.5B YoY+58.4%
Restructuring	—	—	—	—	83.0M YoY-52.8%
Amortization of intangibles	512M YoY-1.3%	519M YoY-2.8%	534M YoY-10.4%	596M YoY-3.1%	615M YoY+223.7%
Noninterest expense	12.5B YoY+4.6%	11.9B YoY-4.4%	12.5B YoY+9.5%	11.4B YoY+5.2%	10.8B YoY+46.2%
Interest expense	—	—	6.68B YoY+332.6%	1.54B YoY+224.6%	476M YoY+13.9%
Interest & investment income	15.5B YoY-0.2%	15.5B YoY-3.6%	16.1B YoY+31.8%	12.2B YoY+43.7%	8.51B YoY+30.2%
Net interest income	11.8B YoY+28.5%	9.14B YoY-3.0%	9.43B YoY-11.7%	10.7B YoY+33.0%	8.03B YoY+31.4%
Pre-tax income	11.5B YoY+49.0%	7.69B YoY+20.6%	6.38B YoY-32.1%	9.39B YoY+21.7%	7.71B YoY+79.4%
Income tax	2.61B YoY+49.0%	1.75B YoY+33.5%	1.31B YoY-40.5%	2.21B YoY+18.7%	1.86B YoY+85.6%
	8.85B YoY+49.0%	5.94B YoY+17.3%	5.07B YoY-29.5%	7.18B YoY+22.7%	5.86B YoY+77.5%
Preferred dividends	435M YoY-6.3%	464M YoY+11.0%	418M YoY-23.7%	548M YoY+10.7%	495M YoY+93.4%
Net income to common	8.42B YoY+53.7%	5.48B YoY+17.8%	4.65B YoY-29.9%	6.63B YoY+23.8%	5.36B YoY+76.1%
	$4.65 YoY+55.5%	$2.99 YoY+17.7%	$2.54 YoY-27.4%	$3.50 YoY+23.7%	$2.83 YoY+33.5%
EPS (basic)	$4.67 YoY+55.7%	$3.00 YoY+17.6%	$2.55 YoY-27.6%	$3.52 YoY+23.9%	$2.84 YoY+33.3%
	1.80B YoY-1.3%	1.83B YoY+0.2%	1.82B YoY-3.2%	1.89B YoY-0.1%	1.89B YoY+32.1%
	1.81B YoY-1.4%	1.83B YoY+0.2%	1.83B YoY-3.3%	1.89B YoY-0.2%	1.90B YoY+32.2%
Dividends per share	$1.08 YoY+8.0%	$1.00 YoY+0.0%	$1.00 YoY+19.0%	$0.84 YoY+16.7%	$0.72 YoY+0.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	46.0B YoY+9.4%	42.1B YoY-2.9%	43.3B YoY+7.8%	40.2B YoY-36.2%	63.0B YoY+56.1%
	491B YoY+2.3%	480B YoY-2.7%	493B YoY-10.6%	552B YoY-17.3%	667B YoY+21.5%
Property, plant & equipment	—	—	—	3.71B YoY+7.9%	3.44B YoY+19.4%
Operating lease right-of-use	705M YoY+19.3%	591M YoY-6.2%	630M YoY-29.5%	894M YoY+6.2%	842M YoY-10.1%
Goodwill	12.0B YoY+0.0%	12.0B YoY+0.0%	12.0B YoY+0.0%	12.0B YoY-0.0%	12.0B YoY+0.0%
Intangible assets	7.23B YoY-6.6%	7.74B YoY-6.3%	8.26B YoY-6.0%	8.79B YoY-6.3%	9.38B YoY-6.1%
Short-term & current debt	—	—	—	17.1B YoY+251.2%	4.86B
	442B YoY+2.3%	431B YoY-4.6%	452B YoY-12.2%	515B YoY-15.7%	611B YoY+23.9%
Long-term debt	22.2B YoY-1.0%	22.4B YoY-14.2%	26.1B YoY+25.4%	20.8B YoY+10.1%	18.9B YoY+38.7%
Operating lease liability (total)	903M YoY+10.7%	816M YoY-8.5%	892M YoY-10.3%	994M YoY+6.7%	932M YoY-9.8%
Finance lease liability (total)	37.0M YoY-24.5%	49.0M YoY-42.4%	85.0M YoY+25.0%	68.0M YoY-27.7%	94.0M YoY+1466.7%
	49.4B YoY+2.2%	48.4B YoY+18.1%	41.0B YoY+11.9%	36.6B YoY-34.9%	56.3B YoY+0.4%
Preferred stock	6.76B YoY-26.4%	9.19B YoY+0.0%	9.19B YoY-5.3%	9.71B YoY-2.5%	9.95B YoY+28.7%
Additional paid-in capital	28.0B YoY+1.3%	27.6B YoY+1.1%	27.3B YoY+0.9%	27.1B YoY+1.2%	26.7B YoY+0.9%
Retained earnings	44.1B YoY+17.3%	37.6B YoY+10.8%	33.9B YoY+9.1%	31.1B YoY+19.5%	26.0B YoY+18.3%
Treasury stock	18.4B YoY+64.7%	11.2B YoY-1.4%	11.4B YoY+31.4%	8.64B YoY+61.8%	5.34B YoY-4.3%
Accumulated other comprehensive income	-11.0B YoY+26.0%	-14.8B YoY+18.1%	-18.1B YoY+19.8%	-22.6B YoY-1939.8%	-1.11B YoY-120.6%
Total liabilities & equity	491B YoY+2.3%	480B YoY-2.7%	493B YoY-10.6%	552B YoY-17.3%	667B YoY+21.5%
	—	—	—	—	1.99B YoY+0.0%
	2.07B YoY+0.0%	2.07B YoY+0.0%	2.07B YoY+0.0%	2.07B YoY+0.0%	2.07B YoY+0.0%
	1.75B YoY-3.4%	1.81B	—	—	—
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	9.31B YoY+248.7%	2.67B YoY-86.4%	19.6B YoY+852.2%	2.06B YoY-2.9%	2.12B YoY-69.1%
Depreciation & amortization	—	—	804M YoY+23.3%	652M YoY+18.8%	549M YoY+32.6%
Intangible amortization	512M YoY-1.3%	519M YoY-2.8%	534M YoY-10.4%	596M YoY-3.1%	615M YoY+223.7%
Share-based compensation	317M YoY-5.9%	337M YoY+5.3%	320M YoY-12.6%	366M YoY+44.1%	254M YoY+24.5%
Deferred income taxes	361M YoY+289.0%	-191M YoY+60.0%	-478M YoY-2555.6%	-18.0M YoY-134.0%	53.0M YoY+138.4%
	24.5B YoY-30.7%	35.4B YoY-38.3%	57.4B YoY+79.1%	32.0B YoY+142.4%	-75.7B YoY+39.9%
Capital expenditure	548M YoY-11.6%	620M YoY-11.4%	700M YoY-27.9%	971M YoY+6.0%	916M YoY+45.2%
Free cash flow	8.76B YoY+327.5%	2.05B YoY-89.1%	18.9B YoY+1639.1%	1.09B YoY-9.7%	1.20B YoY-80.7%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Sales/maturities of investments	23.0B YoY-10.3%	25.6B YoY-29.9%	36.5B YoY-26.9%	49.9B YoY-47.4%	94.9B YoY+50.1%
Other investing activities	370M YoY+14.9%	322M YoY+12.2%	287M YoY+111.0%	136M YoY-4.9%	143M YoY+1053.3%
	-29.7B YoY+36.9%	-47.1B YoY+23.2%	-61.2B YoY+10.9%	-68.7B YoY-171.3%	96.3B YoY-33.1%
Long-term debt issued	0.00	0.00	0.00 YoY-100.0%	2.97B YoY-57.8%	7.04B YoY+129.2%
Long-term debt repaid	0.00	0.00	0.00 YoY-100.0%	1.04B YoY-43.1%	1.82B YoY+160.3%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	7.35B	0.00 YoY-100.0%	2.84B YoY-16.3%	3.40B	0.00
Dividends paid	2.33B YoY+2.4%	2.27B YoY-0.0%	2.28B YoY+7.9%	2.11B YoY+15.8%	1.82B YoY+42.3%
Other financing activities	-101M YoY+0.0%	-101M YoY-1.0%	-100M YoY-6.4%	-94.0M YoY+9.6%	-104M YoY-89.1%
Net change in cash	4.15B YoY+146.3%	-8.96B YoY-156.9%	15.8B YoY+145.5%	-34.6B YoY-252.0%	22.8B YoY-8.8%
Interest paid	4.56B YoY-31.5%	6.66B YoY+18.4%	5.62B YoY+315.0%	1.35B YoY+170.5%	501M YoY+15.4%
Income taxes paid	1.57B YoY+5.6%	1.49B YoY-8.0%	1.62B YoY-23.9%	2.13B YoY+3.8%	2.05B YoY+155.7%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	175B YoY+30.4%	134B YoY-5.9%	143B YoY-17.4%	173B YoY-1.0%	174B YoY+58.6%
P/E	19.8× YoY-12.4%	22.6× YoY-5.2%	23.8× YoY-6.3%	25.4× YoY-14.7%	29.8× YoY-10.7%
P/S	7.3× YoY+6.9%	6.8× YoY-4.6%	7.2× YoY-17.0%	8.6× YoY-8.2%	9.4× YoY+0.1%
P/B	3.5× YoY+27.7%	2.8× YoY-26.5%	3.8× YoY-19.0%	4.7× YoY+50.4%	3.1× YoY+58.0%
P/FCF	20.0× YoY-69.5%	65.5×	—	19.8× YoY-86.4%	145.1× YoY+720.6%
	5.1% YoY+14.2%	4.4% YoY+5.5%	4.2% YoY+6.7%	3.9% YoY+17.2%	3.4% YoY+11.9%
	5.0% YoY+227.7%	1.5%	—	5.1% YoY+632.9%	0.69% YoY-87.8%
	1.1% YoY-20.0%	1.4% YoY-7.0%	1.5% YoY+44.1%	1.0% YoY+17.8%	0.86% YoY-36.9%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: SCHW'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 SCHW filings on SEC EDGAR → Not investment advice.