Raymond James Financial, Inc.
RJF Financial Asset Management
Raymond James Financial, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $15.9 billion, up 6.63% from fiscal 2024. In the quarter to June 2026, revenue grew 13.5%, EPS grew 41.7%, free cash flow fell 148.6% and total debt rose 38.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.
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Raymond James Financial, Inc. (RJF) Operating margin
Raymond James Financial, Inc.'s operating margin over the twelve months to 30 June 2026 was 27.5%, down 1.4 percentage points from fiscal 2025 (28.9%). Over the past ten years it has ranged from 16.7% (fiscal 2017) to 32.1% (fiscal 2024); the current reading is higher than 82% of that period. That is below the Asset Management industry median of 33.4% and above the Financial sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| 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) |
| FY2016 | 18.1% | 0.28 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 26.6% | (0.27) |
| Mar 2026 | 26.8% | (1.10) |
| Dec 2025 | 27.9% | (0.72) |
| Sep 2025 | 28.6% | 2.04 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| AMP Ameriprise Financial, Inc. compare | 34.0% |
| TROW T. Rowe Price Group, Inc. compare | 30.8% |
| RJF Raymond James Financial, Inc. | 27.5% |
| ARES Ares Management Corporation compare | 18.1% |
| TPG TPG Inc. compare | 15.5% |
| PFG Principal Financial Group, Inc. compare | 11.9% |
| BEN Franklin Resources Inc compare | 9.71% |
| NTRS Northern Trust Corporation compare | 0.00% |
| STT State Street Corporation compare | 0.00% |
| Asset Management industry median | 33.4% |
| 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
More on RJF
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement