Raymond James Financial, Inc.
RJFFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
9/30/2025
Revenue
15,912
Cost of Revenue
1,884
Gross Profit
14,028
Gross Margin
88.2%
Operating Income
4,561
Operating Margin
28.7%
Net Income
2,135
Net Margin
13.4%
EPS (Basic)
$10.53
EPS (Diluted)
$10.30
EBITDA
4,756
EBITDA Margin
29.9%
2024
9/30/2024
Revenue
14,741
Cost of Revenue
2,147
Gross Profit
12,594
Gross Margin
85.4%
Operating Income
2,643
Operating Margin
17.9%
Net Income
2,068
Net Margin
14.0%
EPS (Basic)
$9.94
EPS (Diluted)
$9.70
EBITDA
2,822
EBITDA Margin
19.1%
2023
9/30/2023
Revenue
12,841
Cost of Revenue
1,505
Gross Profit
11,336
Gross Margin
88.3%
Operating Income
2,280
Operating Margin
17.8%
Net Income
1,739
Net Margin
13.5%
EPS (Basic)
$8.16
EPS (Diluted)
$7.97
EBITDA
2,445
EBITDA Margin
19.0%
2022
9/30/2022
Revenue
11,156
Cost of Revenue
405
Gross Profit
10,751
Gross Margin
96.4%
Operating Income
2,022
Operating Margin
18.1%
Net Income
1,509
Net Margin
13.5%
EPS (Basic)
$7.16
EPS (Diluted)
$6.98
EBITDA
2,167
EBITDA Margin
19.4%
2021
9/30/2021
Revenue
9,780
Cost of Revenue
118
Gross Profit
9,662
Gross Margin
98.8%
Operating Income
1,791
Operating Margin
18.3%
Net Income
1,403
Net Margin
14.3%
EPS (Basic)
$6.81
EPS (Diluted)
$6.63
EBITDA
1,925
EBITDA Margin
19.7%