Raymond James Financial vs Charles Schwab
Charles Schwab reported revenue of $23.9 billion in fiscal 2025, 1.5 times Raymond James Financial's $15.9 billion in fiscal 2025. Raymond James Financial's revenue grew 6.6% in its latest year, and Charles Schwab's grew 22.0%. Raymond James Financial had a return on equity of 17.7%, against 18.1% at Charles Schwab. Their fiscal years end in different months (September 30 and December 31), so the periods don't line up exactly.
Side by side
| Raymond James Financial | Charles Schwab | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 30, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $15.9B | $23.9B |
| Revenue growth | 6.6% | 22.0% |
| Revenue growth a year, last 5 years | 14.3% | 15.4% |
| Net income | $2.1B | $8.9B |
| Return on equity | 17.7% | 18.1% |
| Return on tangible common equity | 21.0% | 39.2% |
| Efficiency ratio | 71.3% | 52.1% |
| Dividends and buybacks | $416M | $9.7B |
| Change in diluted share count | −2.7% | −1.4% |
| Last close | $158.07 | $89.73 |
| P/E at the last close | 13.8× | 16.3× |
| Insider trades, last 12 months | sold $30.4 million | bought $1.8 million, sold $334.5 million |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Raymond James FinancialCharles Schwab
Return on equity
Percent. Net income over average equity.
Raymond James FinancialCharles Schwab
Net income
US$ billions
Raymond James FinancialCharles Schwab
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Raymond James Financial and Charles Schwab pages.