---
title: "Raymond James Financial: Metrics Guide"
description: "Raymond James Financial revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios explained."
canonical: https://www.getswoopr.com/stocks/companies/raymond-james-financial/metrics/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Raymond James Financial: Financial & Operating Metrics Guide

## Direct Answer

Raymond James Financial reported revenue of $15.9 billion for the fiscal year ended September 30, 2025, net income of $2.1 billion, according to its SEC filings. Revenue grew 6.6% from the prior year.

## What Are Raymond James Financial's Key Financial Figures?

| Fiscal year | FY2025ended September 30, 2025 | FY2024ended September 30, 2024 | FY2023ended September 30, 2023 | FY2022ended September 30, 2022 |
| --- | --- | --- | --- | --- |
| Revenue | $15.9 billion | $14.9 billion | $13.0 billion | $11.3 billion |
| Operating income | Not reported | Not reported | Not reported | Not reported |
| Operating margin | n/a | n/a | n/a | n/a |
| Net income | $2.1 billion | $2.1 billion | $1.7 billion | $1.5 billion |
| Net margin | 13.4% | 13.9% | 13.4% | 13.3% |
| Operating cash flow | $2.4 billion | $2.2 billion | -$3.5 billion | $72 million |
| Capital expenditures | $188 million | $205 million | $173 million | $91 million |
| Free cash flow | $2.2 billion | $1.9 billion | -$3.7 billion | -$19 million |

Free cash flow (operating cash flow minus capital expenditures) was $2.2 billion against net income of $2.1 billion; cash generation covered reported earnings.

![Bar chart of Raymond James Financial revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $15.9 billion and net income $2.1 billion.](https://www.getswoopr.com/images/charts/raymond-james-financial-metrics-revenue-profit.webp)
*Raymond James Financial revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.*

![Line chart of Raymond James Financial net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was 13.4%.](https://www.getswoopr.com/images/charts/raymond-james-financial-metrics-margins.webp)
*Raymond James Financial operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.*

![Bar chart of Raymond James Financial operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $2.4 billion, capital expenditures was $188 million, free cash flow was $2.2 billion.](https://www.getswoopr.com/images/charts/raymond-james-financial-metrics-cash-flow.webp)
*Raymond James Financial operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.*

## What Does Raymond James Financial's Balance Sheet Show?

| Cash and cash equivalents | $11.4 billion |
| --- | --- |
| Long-term debt | Not reported |
| Total assets | $88.2 billion |
| Total liabilities | $75.7 billion |
| Shareholders' equity | $12.5 billion |
| Current ratio | n/a |

Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.

## Where These Numbers Come From

Every figure on this page is a value Raymond James Financial reported in its own SEC filings, read from the SEC's XBRL data (accession 0000720005-25-000093 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What was Raymond James Financial's revenue in fiscal 2025?

Raymond James Financial reported revenue of $15.9 billion for the fiscal year ended September 30, 2025, according to its SEC filings.

### What is Raymond James Financial's operating margin?

Raymond James Financial did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit.

### How much free cash flow did Raymond James Financial generate?

Operating cash flow of $2.4 billion less capital expenditures of $188 million gives free cash flow of $2.2 billion for fiscal 2025.

## References

- [SEC EDGAR: RAYMOND JAMES FINANCIAL INC Form 10-K filed November 25, 2025](https://www.sec.gov/Archives/edgar/data/720005/000072000525000093/rjf-20250930.htm)
- [SEC EDGAR: RAYMOND JAMES FINANCIAL INC annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=720005&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Raymond James Financial company dossier](https://www.getswoopr.com/stocks/companies/raymond-james-financial/)
- [Raymond James Financial financial metrics](https://www.getswoopr.com/stocks/companies/raymond-james-financial/metrics/)
- [Raymond James Financial financial risk indicators](https://www.getswoopr.com/stocks/companies/raymond-james-financial/risks/)
- [Raymond James Financial peer comparison](https://www.getswoopr.com/stocks/companies/raymond-james-financial/competitors/)
- [Raymond James Financial business model and revenue mix](https://www.getswoopr.com/stocks/companies/raymond-james-financial/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
