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RAYMOND JAMES FINANCIAL INC (RJF)

As-reported financials and SEC filings for RAYMOND JAMES FINANCIAL INC. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About RAYMOND JAMES FINANCIAL INC

Raymond James Financial Inc. is a diversified financial services company offering private client services, capital markets, asset management, banking, and other financial services. It serves individuals, corporations, and municipalities primarily in the United States, with additional operations in Canada, the UK, and Europe. The company provides investment management, advisory services, securities underwriting and brokerage, mutual funds, banking, and trust services.

Snapshot

Revenue
$14.06B
Revenue growth (YoY)
9.7%
Net income
$2.13B
Diluted EPS
$10.30
Gross margin
Operating margin
Net margin
15.2%
FCF margin
16.0%
ROE
17.1%
net income / fiscal-year-end equity
P/E
15.1×
trailing when available, otherwise FY EPS
Market cap
$33.80B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 30, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Raymond James Financial

  • Revenue grew 9.7% to $14.1B in FY2025, in line with the 10.3% the year before.
  • Most recent quarter Q3 FY2026: revenue $4.4B, up 13.5% from Q3 FY2025.
  • Free cash flow was $2.2B in FY2025, 16.0% of revenue.
  • Net income rose 3.2% to $2.1B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Raymond James Financial’s fundamentals sit among the 425 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin15.2%
50th percentile of 377
FCF margin16.0%
45th percentile of 272
Revenue growth (YoY)+9.7%
50th percentile of 420
ROE17.1%
79th percentile of 375
P/E15.1×
60th percentile of 318
Short interest9.56d
95th percentile of 420

No reported insider purchases (code P) in the last 90 days; 3 insider sales totaling $4.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
7
1 new, 6 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$872.0M
reported long value
InvestorAs ofPosition valueSharesChange
Harris Associates (Oakmark)Q2 2026$561.6M3.7MAdded
AQR Capital ManagementquantQ2 2026$109.4M719.6KReduced
Two Sigma InvestmentsquantQ2 2026$74.6M490.5KAdded
D. E. ShawquantQ2 2026$51.6M339.4KAdded
Millennium ManagementquantQ2 2026$28.9M189.8KAdded
Citadel AdvisorsquantQ2 2026$25.8M169.8KAdded
Renaissance TechnologiesquantQ2 2026$11.8M77.3KNew
Bridgewater AssociatesQ2 2026$5.2M34.1KAdded
Gotham Asset ManagementQ2 2026$3.0M19.6KReduced
First Eagle Investment ManagementQ2 2026$320,7832.1KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
3
$4.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-28
filed 2026-08-31
Allaire Bella LoykhterChief Admin OfficerSell7.5K$177.60$1.3M
2026-07-28
filed 2026-07-29
Elwyn Tashtego SPresident, PCGSell10.0K$176.06$1.8M
2026-07-27
filed 2026-07-28
Raney Steven MExecutive Chair RJBankSell5.8K$172.97$998K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
8.2M
settled 2026-08-14
Change vs prior
-8.7%
vs previous settlement
Days to cover
9.56
at avg daily volume
Avg daily volume
855.9K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-148.2M-8.7%9.56
2026-07-319.0M-6.3%6.51
2026-07-159.6M-9.0%8.07
2026-06-3010.5M-5.2%5.25
2026-06-1511.1M+6.9%9.19
2026-05-2910.4M+10.8%6.02
2026-05-159.4M+4.1%9.12
2026-04-309.0M+3.6%5.20

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$14.06B$12.82B$11.62B$11.00B$9.76B
Gross profit
Operating income
Net income$2.13B$2.07B$1.74B$1.51B$1.40B
Diluted EPS$10.30$9.70$7.97$6.98$6.63

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$11.39B$11.00B$9.31B$6.18B$7.20B
Current assets
Total assets$88.23B$82.99B$78.36B$80.95B$61.89B
Current liabilities
Long-term debt$1.0M$8.0M
Total liabilities$75.73B$71.33B$68.17B$71.52B$53.59B
Total equity$12.50B$11.67B$10.19B$9.43B$8.30B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$2.43B$2.15B$-3.51B$72.0M$6.65B
Capital expenditure$188.0M$205.0M$173.0M$91.0M$74.0M
Free cash flow$2.25B$1.95B$-3.69B$-19.0M$6.57B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$4.36B13.5%$595.0M$3.01
Q2 FY2026$4.26B10.8%$544.0M$2.72
Q1 FY2026$4.18B3.5%$563.0M$2.79
Q4 FY2025$2.34B23.3%$604.0M$2.97
Q3 FY2025$3.84B2.1%$436.0M$2.12
Q2 FY2025$3.85B5.7%$495.0M$2.36
Q1 FY2025$4.04B14.6%$600.0M$2.86
Q4 FY2024$1.90B-11.3%$602.0M$2.87

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorFinancials
SIC industrySecurity Brokers, Dealers & Flotation Companies
Latest annual periodFY2025 (ended September 30, 2025)
Latest reported quarterQ3 FY2026 (ended June 30, 2026)
Oldest indexed filing2019
SEC CIK720005

Selected SEC filings

10-K2025-11-25
View on EDGAR →
10-K2024-11-26
View on EDGAR →
10-Q2026-08-05
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
10-Q2026-02-06
View on EDGAR →
10-Q2025-08-06
View on EDGAR →
8-K2026-09-01
View on EDGAR →
8-K2026-08-19
View on EDGAR →

Largest Financials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.