The Charles Schwab Corporation
SCHWFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
25,999
Cost of Revenue
6,393
Gross Profit
19,606
Gross Margin
75.4%
Operating Income
7,692
Operating Margin
29.6%
Net Income
5,942
Net Margin
22.9%
EPS (Basic)
$3.00
EPS (Diluted)
$2.99
EBITDA
9,127
EBITDA Margin
35.1%
2023
12/31/2023
Revenue
25,521
Cost of Revenue
6,684
Gross Profit
18,837
Gross Margin
73.8%
Operating Income
6,378
Operating Margin
25.0%
Net Income
5,067
Net Margin
19.9%
EPS (Basic)
$2.55
EPS (Diluted)
$2.54
EBITDA
7,716
EBITDA Margin
30.2%
2022
12/31/2022
Revenue
22,307
Cost of Revenue
1,545
Gross Profit
20,762
Gross Margin
93.1%
Operating Income
9,388
Operating Margin
42.1%
Net Income
7,183
Net Margin
32.2%
EPS (Basic)
$3.52
EPS (Diluted)
$3.50
EBITDA
10,636
EBITDA Margin
47.7%
2021
12/31/2021
Revenue
18,996
Cost of Revenue
476
Gross Profit
18,520
Gross Margin
97.5%
Operating Income
7,713
Operating Margin
40.6%
Net Income
5,855
Net Margin
30.8%
EPS (Basic)
$2.84
EPS (Diluted)
$2.83
EBITDA
8,877
EBITDA Margin
46.7%
2020
12/31/2020
Revenue
12,109
Cost of Revenue
418
Gross Profit
11,691
Gross Margin
96.5%
Operating Income
4,300
Operating Margin
35.5%
Net Income
3,299
Net Margin
27.2%
EPS (Basic)
$2.13
EPS (Diluted)
$2.12
EBITDA
4,904
EBITDA Margin
40.5%