Saturday 17 October 2026 Export SCHW’s income statement to Excel — free account

The Charles Schwab Corporation

The Charles Schwab Corporation’s revenue for fiscal 2025 (year ended December 2025) was $23.9 billion, up 22.0% from fiscal 2024. In the quarter to September 2026, revenue grew 16.9%, EPS grew 33.5%, free cash flow grew 35.0% and total debt rose 12.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

91.96 2.20 −2.34%

Follow SCHW

Alert me

Market cap: $162.8B
P/E: 15.5×
Fwd P/E: 15.1×
Dividend yield: 1.34%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 1.85

Total sells 324.25

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	—	—	—	—	—
Sell	2	1	4	9	4	6	5	—	12	16	1	1

Insider Ownership 5.67%

Capital & Financial Ratios $m

Market Cap 162,830.00

Revenue 27,061.00

Net Income 10,096.00

Free Cash Flow 10,789.00

Net Debt (50,922.00)

Current Ratio 0.64

Debt/Equity 0.45

P/E ratio 15.48

Fwd P/E 15.10

P/S ratio 5.87

P/B ratio 3.62

Past 5Y EPS Growth 17.01%

This Y EPS Growth 32.67%

Next Y EPS Growth 23.39%

Next Y revenue growth 18.07%

Next 5Y EPS Growth 24.33%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 10.47%

10-year low 10-year high

P/S against its own 10 years 28.35%

10-year low 10-year high

P/B against its own 10 years 50.42%

10-year low 10-year high

Dividends

Payout Ratio 0.21

Annual Dividend Rate 1.23

Annual Dividend Yield 1.34%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.28	0.32 0.32 0.32
2025	1.08	0.27 0.27 0.27 0.27
2024	1.00	0.25 0.25 0.25 0.25
2023	1.00	0.25 0.25 0.25 0.25
2022	0.84	0.20 0.20 0.22 0.22
2021	0.72	0.18 0.18 0.18 0.18
2020	0.72	0.18 0.18 0.18 0.18
2019	0.68	0.17 0.17 0.17 0.17
2018	0.46	0.10 0.10 0.13 0.13
2017	0.32	0.08 0.08 0.08 0.08
2016	0.34	0.06 0.07 0.07 0.07 0.07

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	75,173	80,304	88,961	73,591
Receivables	112,433	133,029	169,805	211,848
Inventory	—	—	—	—
Other	—	—	—	—
	187,606	213,333	258,766	285,439

	2023	2024	2025	Q'26
Payables	91,434	114,895	142,030	167,794
ST’ Debt	—	—	—	—
Other	316,353	275,821	257,597	250,182
	426,092	409,040	419,371	444,450

Compound Annual Growth %

	10y	5y	3y
Sales	14.13%	15.39%	4.83%
Cash Flow	22.28%	6.33%	65.42%
Earnings	19.96%	22.57%	8.25%
Book Value	13.94%	(2.49%)	10.52%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	6,482	7,072	7,171	—	—
’25	5,599	5,851	6,135	6,336	23,921
’24	4,740	4,690	4,847	5,329	19,606
’23	5,116	4,656	4,606	4,459	18,837
’22	4,672	5,093	5,500	5,497	20,762
’21	4,715	4,527	4,570	4,708	18,520
’20	2,617	2,450	2,448	4,176	11,691

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	7,342	4,300	—	—	—
’25	6,359	3,177	538	(763)	9,311
’24	(1,349)	(4,252)	19,098	(10,827)	2,670
’23	9,777	(5,216)	(5,011)	20,037	19,587
’22	3,053	(7,943)	9,054	(2,107)	2,057
’21	(4,742)	(594)	1,815	5,639	2,118
’20	10,118	(16,443)	(80)	13,257	6,852

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	7,202	4,115	—	—	—
’25	6,242	3,049	393	(921)	8,763
’24	(1,498)	(4,341)	18,970	(11,081)	2,050
’23	9,618	(5,455)	(5,250)	19,974	18,887
’22	2,757	(8,184)	8,822	(2,309)	1,086
’21	(4,928)	(833)	1,637	5,326	1,202
’20	9,962	(16,622)	(210)	13,091	6,221

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.37	1.54	1.68	—	—
’25	0.99	1.08	1.26	1.33	4.65
’24	0.68	0.66	0.71	0.94	2.99
’23	0.83	0.64	0.56	0.51	2.54
’22	0.67	0.87	0.99	0.97	3.50
’21	0.73	0.59	0.74	0.76	2.83
’20	0.58	0.48	0.48	0.57	2.12

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	21.51	37.16	37.83	34.58	28.00	50.77	59.35	45.00	59.67	65.88	Analyst estimates 2026–2028 Powerpack
	High	40.58	52.52	60.22	51.65	53.33	86.43	96.24	86.63	83.35	102.28
People
People	Employees	16,200	17,600	19,500	19,700	32,000	33,400	35,300	33,000	32,100	33,000
	Revenue/emp, $m	0.46	0.49	0.52	0.54	0.37	0.55	0.59	0.57	0.61	0.72
Income, $m
Income, $m	Revenue	7,478	8,618	10,132	10,721	11,691	18,520	20,762	18,837	19,606	23,921
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	2,993	3,650	4,562	4,848	4,300	7,713	9,388	6,378	7,692	11,459
	EBT margin, %	40.02	42.35	45.03	45.22	36.78	41.65	45.22	33.86	39.23	47.90
	Net income	1,889	2,354	3,507	3,704	3,299	5,855	7,183	5,067	5,942	8,852
	Depreciation	500	611	656	795	2,190	3,510	2,623	2,168	2,241	2,057
Per share, $
Per share, $	Revenue	5.65	6.44	7.52	8.18	8.18	9.81	11.01	10.33	10.73	13.26
	Earnings	1.32	1.63	2.47	2.69	2.13	2.84	3.52	2.55	3.00	4.67
	Cash flow	2.72	(0.63)	9.24	7.11	4.80	1.12	1.09	10.74	1.46	5.16
	Capex	(0.26)	(0.30)	(0.42)	(0.54)	(0.44)	(0.49)	(0.52)	(0.38)	(0.34)	(0.30)
	Free cash flow	2.46	(0.93)	8.82	6.57	4.35	0.64	0.58	10.35	1.12	4.86
	Book value	12.40	13.84	15.33	16.59	39.23	29.82	19.42	22.46	26.46	27.40
	Shares, m	1,324	1,339	1,348	1,311	1,429	1,887	1,885	1,824	1,828	1,804
Valuation, ×
Valuation, ×	P/E	30.23	31.56	16.81	17.75	25.02	29.61	23.28	27.10	24.67	21.35
	P/S	7.12	7.99	5.53	5.82	6.48	8.57	7.44	6.69	6.90	7.53
	P/B	3.90	4.38	3.13	3.29	1.57	3.43	5.74	3.97	3.45	4.22
	EV/Sales	3.09	5.14	2.11	1.86	(0.11)	3.28	4.44	4.09	3.95	4.74
	EV/FCF	7.09	(35.73)	1.80	2.32	(0.21)	50.49	84.81	4.08	37.76	12.95
Cash, $m
Cash, $m	Operating cash flow	3,603	(839)	12,456	9,325	6,852	2,118	2,057	19,587	2,670	9,311
	Capex	(346)	(400)	(570)	(708)	(631)	(916)	(971)	(700)	(620)	(548)
	Free cash flow	3,257	(1,239)	11,886	8,617	6,221	1,202	1,086	18,887	2,050	8,763
Balance, $m
Balance, $m	Working capital	(137,349)	18,523	(189,173)	(175,023)	(300,317)	(349,970)	(304,062)	(238,486)	(195,707)	(160,605)
	Total debt	2,876	4,753	6,878	7,430	13,632	18,914	20,828	26,128	22,428	22,199
	Net debt	(30,126)	(24,603)	(34,623)	(42,398)	(77,115)	(98,010)	(62,350)	(49,045)	(57,876)	(66,762)
	Shareholders’ equity	16,421	18,525	20,670	21,745	56,060	56,261	36,608	40,958	48,375	49,425
Returns, %
Returns, %	ROA	0.86	0.93	1.23	1.19	0.72	0.88	1.09	0.89	1.13	1.73
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	ROE	13.65	14.85	19.81	19.15	9.05	11.33	18.13	15.85	15.44	20.57

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 16 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MS Morgan Stanley	$286.0B	14.0×	17.9×	+6.69% (above 0%: growing)	+13.42% (above 0%: growing)	−132.22% (below 0%: shrinking)	95.59%	58.35%	Compare
GS The Goldman Sachs Group, Inc.	$259.5B	12.4×	17.5×	+23.02% (above 0%: growing)	+43.95% (above 0%: growing)	+5.62% (above 0%: growing)	100.00%	37.49%	Compare
SCHW The Charles Schwab Corporation	$162.8B	15.5×	15.1×	+16.89% (above 0%: growing)	+33.47% (above 0%: growing)	+34.96% (above 0%: growing)	100.00%	57.89%
HOOD Robinhood Markets, Inc.	$93.5B	42.8×	44.5×	+32.25% (above 0%: growing)	+40.91% (above 0%: growing)	−80.06% (below 0%: shrinking)	95.26%	43.88%	Compare
IBKR Interactive Brokers Group, Inc.	$39.0B	32.7×	34.0×	+28.11% (above 0%: growing)	+37.25% (above 0%: growing)	−13.01% (below 0%: shrinking)	92.51%	77.32%	Compare
NMR Nomura Holdings Inc ADR	$27.1B	9.4×	10.7×	+10.87% (above 0%: growing)	+106.67% (above 0%: growing)	+688.81% (above 0%: growing)	94.58%	70.80%	Compare
TW Tradeweb Markets Inc.	$26.2B	27.0×	29.3×	+8.96% (above 0%: growing)	+18.06% (above 0%: growing)	−5.23% (below 0%: shrinking)	100.00%	43.88%	Compare
LPLA LPL Financial Holdings Inc.	$25.8B	25.5×	15.2×	+35.24% (above 0%: growing)	+38.89% (above 0%: growing)	+259.62% (above 0%: growing)	31.38%	11.90%	Compare
CRCL Circle Internet Group, Inc.	$22.2B	43.0×	97.9×	+6.57% (above 0%: growing)	n/m	+113.54% (above 0%: growing)	41.19%	4.90%	Compare
Median of peers	$33.1B	26.3×	23.6×	+16.95%	+38.89%	+0.20%	94.92%	43.88%

All 93 Capital Markets stocks →