profit from every $100 of sales.

Raymond James Financial
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $15.19 for every $1 of profit it makes in a year.
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Raymond James Financial sold, what it kept, and what it did with the cash.
Sales went from $10.9 billion in 2022 to $13.8 billion in 2025, with $2.14 billion of profit last year.
Raymond James Financial handed back 75% of the cash it generated last year.
Raymond James Financial vs. similar companies
Raymond James Financial grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Raymond James Financial | 15.2× · Fair price | ||
Tradeweb Markets | 35.0× · Expensive | ||
Nomura Holdings | 13.3× · Cheap | ||
LPL Financial Holdings | 26.4× · Fair price | ||
Circle Internet Group | No profit yet |
AI analysis
An AI analyst reads Raymond James Financial's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10,851 | 11,468 | 12,639 | 13,842 | |
| – | – | – | – | |
| – | – | – | – | |
| 2,472 | 3,818 | – | – | |
| 1,509 | 1,739 | 2,068 | 2,135 | |
| 6.98 | 7.97 | 9.70 | 10.30 | |
| – | – | – | – | |
| – | – | – | – | |
| 13.9% | 15.2% | 16.4% | 15.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 80,951 | 78,360 | 82,992 | 88,230 |
| Cash | 6,178 | 9,313 | 10,998 | 11,389 |
| Total debt | 3,329 | 3,139 | 3,089 | 4,220 |
| Total liabilities | 71,519 | 68,173 | 71,325 | 75,726 |
| 9,458 | 10,214 | 11,673 | 12,503 | |
| 215 | 217 | 212 | 207 | |
| 14.4% | 21.6% | – | – | |
| 16.0% | 17.0% | 17.7% | 17.1% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 72 | -3,514 | 2,155 | 2,434 | |
| 91 | 173 | 205 | 188 | |
| -19 | -3,687 | 1,950 | 2,246 | |
| Dividends paid | 277 | 355 | 383 | 416 |
| 216 | 902 | 984 | 1,267 | |
| 192 | 237 | 254 | 254 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 15.2×
- 14.2×
- 1.10
- 2.3×
- 2.3×
- 6.6%
- 1.4%
Profitability
- 15.4%
- 8.0%
- 12.4%
- 17.2%
- 2.3%
Growth
- +8.5%
- +13.8%
- +22.0%
- −0.5%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $169.00
- Range
- $166.00 – $172.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 22, 2026 | 2.83 | 2.76 | +2.5% |
| Jan 28, 2026 | 2.86 | 2.83 | +1.1% |
| Oct 22, 2025 | 3.11 | 2.83 | +9.9% |
| Jul 23, 2025 | 2.18 | 2.37 | −8.0% |
| Apr 23, 2025 | 2.42 | 2.45 | −1.2% |
| Jan 29, 2025 | 2.93 | 2.62 | +11.8% |
| Oct 23, 2024 | 2.95 | 2.41 | +22.4% |
| Jul 24, 2024 | 2.39 | 2.32 | +3.0% |
Paid per share, each year
$0.49 in 2015 → $2.00 in 2025
How safe it looks
19.5% of its profit
Room to growStretchedMore than it earns: 18.5%
News
Raymond James Has Message For Nvidia Stock InvestorsYahoo Finance · Aug 26, 2026The newest story we have is from Aug 26, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Raymond James Financial
Is Raymond James Financial a good stock to buy?
A solid business at a fair price. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Raymond James Financial AI analysis
What does Raymond James Financial do?
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. It is in Financial - Capital Markets, based in Saint Petersburg, FL, United States, with 19,500 employees.
Does Raymond James Financial pay a dividend?
Yes. At today's price the dividend is 1.4% a year, about 19% of its yearly profit. In 2025 it paid out $416 million in dividends.
Is Raymond James Financial stock halal?
No. Raymond James Financial does not pass our halal screen: its cash and confirmed interest-bearing investments are 35% of its market value, at or above the 33% limit. How we check
How has Raymond James Financial stock done over the past year?
Up 4.6% over the past twelve months, to $168.64. It traded between $140.89 and $181.18 and is 6.9% below its high.
Who are Raymond James Financial's competitors?
The largest listed companies in the same industry are Tradeweb Markets, Nomura Holdings, LPL Financial Holdings and Circle Internet Group. The peers table on this page compares their profit, growth and price with Raymond James Financial's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



