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) Operating margin

Alert me on Operating margin

Raymond James Financial, Inc.'s operating margin over the twelve months to 30 September 2026 was 27.3%. Over the past ten years it has ranged from 16.7% (fiscal 2017) to 32.1% (fiscal 2024); the current reading is higher than 75% of that period. That is in line with the Asset Management industry median of 27.3% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 27.3% (1.58)
FY2025 28.9% (3.20)
FY2024 32.1% 2.97
FY2023 29.1% 7.67
FY2022 21.5% 2.20
FY2021 19.3% 0.79
FY2020 18.5% (2.66)
FY2019 21.1% 0.57
FY2018 20.6% 3.82
FY2017 16.7% (1.32)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 27.9% 1.39
Jun 2026 26.6% (0.27)
Mar 2026 26.8% (1.10)
Dec 2025 27.9% (0.72)
43 more quarters

Against its own ten years

Low 16.7% High 32.1%
Ten-year median 20.8%
Current reading's percentile 70

Operating margin against peers

Company Operating margin
AMP Ameriprise Financial, Inc. compare 33.9%
TROW T. Rowe Price Group, Inc. compare 32.0%
RJF Raymond James Financial, Inc. 27.3%
ARES Ares Management Corporation compare 17.7%
TPG TPG Inc. compare 15.5%
PFG Principal Financial Group, Inc. compare 14.8%
STT State Street Corporation compare 0.00%
NTRS Northern Trust Corporation compare 0.00%
PS Pershing Square Inc. compare −25.1%
Asset Management industry median 27.3%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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