Raymond James Financial, Inc. (RJF) vs State Street Corporation (STT)

Raymond James Financial, Inc. and State Street Corporation are both Asset Management companies. State Street Corporation is the larger, with a market value of $45.0B against $31.7B — 1.4× the size. State Street Corporation trades at the lower P/E: 13.3× against 13.6×. Raymond James Financial, Inc. grew revenue faster over the last twelve months: 10.2% against 2.76%. State Street Corporation has the higher net margin (14.8% vs 13.5%) and the higher return on invested capital (0.00% vs 0.00%). Both pay a dividend; State Street Corporation yields more (2.07% vs 1.31%). Across the 18 metrics below, Raymond James Financial, Inc. leads on 10 and State Street Corporation on 8.

Valuation

Metric RJF STT Asset Management median
P/E 13.61 13.32 13.38
P/S 1.81 1.95 2.99
P/B 2.48 1.85 0.91
Price to free cash flow 22.00 n/m 7.79
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.35% 7.51% 4.67%
Free cash flow yield 4.55% (8.20%) 4.85%

Profitability

Metric RJF STT Asset Management median
Gross margin 100.00% 66.55% 100.00%
Operating margin 27.32% 0.00% 27.27%
Net margin 13.48% 14.79% 11.89%
Free cash flow margin 0.00% (16.02%) 5.96%
Return on equity 0.00% 14.15% 4.57%
Return on assets 0.00% 0.89% 1.40%
Return on invested capital 0.00% 0.00% 2.12%

Growth

Metric RJF STT Asset Management median
Revenue growth (TTM) 10.22% 2.76% 7.26%
EPS growth (last fiscal year) 15.94% 14.49% (5.64%)
Revenue growth, 5-year CAGR 12.09% 13.38% 11.84%
Net income growth, 5-year CAGR 11.01% 3.78% 0.00%

Health

Metric RJF STT Asset Management median
Debt to equity 0.43 0.88 0.40
Current ratio 1.06 0.59 1.23
Net debt to EBITDA 0.00 0.00 1.06

Dividend

Metric RJF STT Asset Management median
Dividend yield 1.31% 2.07% 6.43%
Payout ratio 0.18 0.28 0.91

Size

Metric RJF STT Asset Management median
Market cap 31.65b 44.96b 692.54m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack