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Raymond James Financial vs Charles Schwab

Charles Schwab is the larger business, with $23.92bn of revenue in fiscal 2025 against $15.91bn for Raymond James Financial (1.5 times as much). Charles Schwab grew faster (22.0% against 6.6%). Charles Schwab kept more of each dollar of sales as profit: a net margin of 37.0% against 13.4%.

Latest fiscal yearRaymond James FinancialRJF, 2025Charles SchwabSCHW, 2025
Revenue $15.91bn $23.92bn
Revenue growth 6.6% 22.0%
Net income $2.13bn $8.85bn
Operating margin — —
Net margin 13.4% 37.0%
Return on equity 17.7% 18.1%
Free cash flow $2.25bn $8.76bn
Cash $11.39bn $46.03bn
Total debt $700m $29.11bn
Debt to equity — —
Dividend per share $2.00 $1.08
Dividend yield 1.4% 1.6%
Share buybacks — $7.35bn
Employees 19,500 —
Market value $31.07bn $154.77bn
Price vs our value range — —
Moat score 83 (Strong) 77 (Strong)
Insider trades, 12 months 0 buys, 8 sales 1 buys, 91 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.