Raymond James Financial, Inc.

RJF Financial Asset Management

Raymond James Financial, Inc.’s revenue for fiscal 2026 (year ended September 2026) was $17.5 billion, up 10.2% from fiscal 2025.

Revenue
+13.1%
EPS
+14.4%
Free cash flow
−148.6%
Total debt
+38.5%

Quarter to September 2026, against a year earlier

164.54 0.28 −0.17%
Market cap
$31.7B
P/E
13.6×
Fwd P/E
13.5×
Dividend yield
1.31%
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Raymond James Financial, Inc. (RJF) Free cash flow margin

Alert me on Free cash flow margin

Raymond James Financial, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 0.00%. Over the past ten years it has ranged from −28.4% (fiscal 2023) to 66.3% (fiscal 2021); the current reading is higher than 42% of that period. That is below the Asset Management industry median of 5.96% and below the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 0.00% (14.12)
FY2025 14.1% 1.05
FY2024 13.1% 41.45
FY2023 −28.4% (28.21)
FY2022 −0.17% (66.50)
FY2021 66.3% 17.98
FY2020 48.4% 42.88
FY2019 5.47% (4.56)
FY2018 10.0% 14.86
FY2017 −4.83% 7.76

Against its own ten years

Low −28.4% High 66.3%
Ten-year median 7.75%
Current reading's percentile 42

Free cash flow margin against peers

Company Free cash flow margin
AMP Ameriprise Financial, Inc. compare 37.0%
PFG Principal Financial Group, Inc. compare 32.2%
TROW T. Rowe Price Group, Inc. compare 20.8%
TPG TPG Inc. compare 12.7%
NTRS Northern Trust Corporation compare 7.14%
ARES Ares Management Corporation compare 0.00%
RJF Raymond James Financial, Inc. 0.00%
STT State Street Corporation compare −16.0%
PS Pershing Square Inc. compare −36.9%
Asset Management industry median 5.96%
Financial sector median 11.4%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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