Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Raymond James Financial Inc

RJF · NYSE · Financial

Fundamental quality

ATTRACTIVE

76

out of 100

Raymond James Financial Inc grows profitably: it increases revenue at double digits (13.6% a year) without giving up profitability (net margin 13.6%). On fundamental quality it scores 76 out of 100, profiling it as a company with solid fundamentals. Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Raymond James is the American South's great financial-advice firm: thousands of advisors managing wealth, plus mid-market investment banking and its own bank. Famously conservative culture: over a hundred consecutive profitable quarters, crises included.

What will shape its future

  • Advised assets, rising with markets and with every advisor recruited.
  • Interest rates, which pay a return on its clients' cash.
  • Mid-market investment banking, its most cyclical leg.

Breakdown by area

I.Growth
78

EPS growth: 20.8% · Revenue growth: 13.6%

II.Profitability
77

Net margin: 13.6% · ROE: 18.2%

III.Financial health
69

FCF: 8.5%

Source: SEC EDGAR · TTM through 30/06/2026

The score includes +1 for dividend strength: 6 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength, and here its pillars hold up evenly.

Versus its sector

Percentile against the other 71 Financial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 39%
ROEbeats 67%
Growthbeats 70%
Cash generationbeats 26%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Raymond James Financial Inc strengths

  • Growing earnings per share (20.8% annualized).
  • Strong return on equity (ROE of 18.2%): it puts shareholder capital to good use.
  • Revenue growing (13.6% annualized).
  • Revenue rising without interruption since 2020.

Raymond James Financial Inc risks and weaknesses

  • Erratic free cash flow, with several years in the red.

Raymond James Financial Inc historical evolution

YearRevenueNet incomeFree cash flowNet debt
20208,1688183,949-3,345
20219,9101,4036,573-7,193
202211,3081,509-19-6,177
202312,9921,739-3,687-7,274
202414,9232,0681,950-8,958
202515,9122,1352,246-7,869

Between 2020 and 2025, revenue went from $8,168M to $15,912M (+95%) and net income went from $818M to $2,135M (+161%). Meanwhile, its margins have widened (from 10% to 13%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the nine months ended June 30, 2026, versus the nine months ended June 30, 2025 (SEC filings):

  • Revenue+9.2%
  • Net income+11.2%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Quality score8076
  • Net margin13%13.6%
  • ROE17.1%18.2%
  • FCF margin14.5%8.5%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$2

per share, yearly

15.5% of earnings

Payout

6 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Raymond James Financial Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Raymond James Financial Inc a good company to invest in?

In terms of business quality, Raymond James Financial Inc scores 76 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Raymond James Financial Inc a profitable company?

Yes. Raymond James Financial Inc shows a net margin of 13.6% and an ROE of 18.2%, a sign of a profitable business.

Is Raymond James Financial Inc growing?

Its revenue has grown 13.6% annualized in recent years and its earnings per share 20.8%, and without interruption since 2020.

Does Raymond James Financial Inc generate cash?

Yes. It converts about 8.5% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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