RAYMOND JAMES FINANCIAL INC (RJF) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:RJF • US7547301090
166.2 USD
-1.14 (-0.68%)
At close: Feb 3, 2026
166.2 USD
0 (0%)
After Hours: 2/3/2026, 8:04:00 PM
We assign a fundamental rating of 4 out of 10 to RJF. RJF was compared to 238 industry peers in the Capital Markets industry. While RJF is still in line with the averages on profitability rating, there are concerns on its financial health. RJF has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- RJF had positive earnings in the past year.
- RJF had a positive operating cash flow in the past year.
- In the past 5 years RJF has always been profitable.
- RJF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- The Return On Assets of RJF (2.41%) is comparable to the rest of the industry.
- RJF has a Return On Equity of 17.01%. This is amongst the best in the industry. RJF outperforms 81.09% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 2.79%, RJF is in line with its industry, outperforming 40.76% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for RJF is below the industry average of 7.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 17.01% | ||
| ROIC | 2.79% |
ROA(3y)2.37%
ROA(5y)2.24%
ROE(3y)17.19%
ROE(5y)16.89%
ROIC(3y)2.81%
ROIC(5y)2.88%
1.3 Margins
- RJF has a Profit Margin (13.37%) which is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of RJF has grown nicely.
- RJF has a Operating Margin of 17.41%. This is comparable to the rest of the industry: RJF outperforms 42.44% of its industry peers.
- In the last couple of years the Operating Margin of RJF has remained more or less at the same level.
- RJF's Gross Margin of 86.03% is amongst the best of the industry. RJF outperforms 91.18% of its industry peers.
- In the last couple of years the Gross Margin of RJF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.41% | ||
| PM (TTM) | 13.37% | ||
| GM | 86.03% |
OM growth 3Y-3.18%
OM growth 5Y1.22%
PM growth 3Y0.21%
PM growth 5Y5.97%
GM growth 3Y-3.22%
GM growth 5Y-2.06%
2. Health
2.1 Basic Checks
- The number of shares outstanding for RJF has been increased compared to 1 year ago.
- The number of shares outstanding for RJF has been increased compared to 5 years ago.
- RJF has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.07, we must say that RJF is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of RJF (0.07) is worse than 71.85% of its industry peers.
- RJF has a debt to FCF ratio of 28.60. This is a negative value and a sign of low solvency as RJF would need 28.60 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 28.60, RJF perfoms like the industry average, outperforming 54.62% of the companies in the same industry.
- A Debt/Equity ratio of 5.14 is on the high side and indicates that RJF has dependencies on debt financing.
- The Debt to Equity ratio of RJF (5.14) is worse than 84.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.14 | ||
| Debt/FCF | 28.6 | ||
| Altman-Z | 0.07 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.28 indicates that RJF may have some problems paying its short term obligations.
- RJF has a Current ratio of 0.28. This is amonst the worse of the industry: RJF underperforms 81.93% of its industry peers.
- RJF has a Quick Ratio of 0.28. This is a bad value and indicates that RJF is not financially healthy enough and could expect problems in meeting its short term obligations.
- RJF has a worse Quick ratio (0.28) than 81.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
- RJF shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.09%.
- The Earnings Per Share has been growing by 21.21% on average over the past years. This is a very strong growth
- Looking at the last year, RJF shows a small growth in Revenue. The Revenue has grown by 3.98% in the last year.
- Measured over the past years, RJF shows a quite strong growth in Revenue. The Revenue has been growing by 14.27% on average per year.
EPS 1Y (TTM)-0.09%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%-2.39%
Revenue 1Y (TTM)3.98%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
Sales Q2Q%5.6%
3.2 Future
- RJF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.71% yearly.
- RJF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.37% yearly.
EPS Next Y14.46%
EPS Next 2Y14.8%
EPS Next 3Y16.32%
EPS Next 5Y12.71%
Revenue Next Year15.07%
Revenue Next 2Y11.41%
Revenue Next 3Y9.74%
Revenue Next 5Y7.37%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 15.72, which indicates a correct valuation of RJF.
- The rest of the industry has a similar Price/Earnings ratio as RJF.
- The average S&P500 Price/Earnings ratio is at 28.18. RJF is valued slightly cheaper when compared to this.
- RJF is valuated reasonably with a Price/Forward Earnings ratio of 11.85.
- RJF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. RJF is cheaper than 63.45% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.51. RJF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.72 | ||
| Fwd PE | 11.85 |
4.2 Price Multiples
- RJF's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. RJF is cheaper than 89.92% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, RJF is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.55 | ||
| EV/EBITDA | 8.61 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- RJF's earnings are expected to grow with 16.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.09
PEG (5Y)0.74
EPS Next 2Y14.8%
EPS Next 3Y16.32%
5. Dividend
5.1 Amount
- RJF has a Yearly Dividend Yield of 1.29%.
- RJF's Dividend Yield is slightly below the industry average, which is at 6.02.
- RJF's Dividend Yield is slightly below the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
5.2 History
- The dividend of RJF has a limited annual growth rate of 4.25%.
- RJF has paid a dividend for at least 10 years, which is a reliable track record.
- RJF has decreased its dividend recently.
Dividend Growth(5Y)4.25%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 19.56% of the earnings are spent on dividend by RJF. This is a low number and sustainable payout ratio.
- RJF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP19.56%
EPS Next 2Y14.8%
EPS Next 3Y16.32%
166.2
-1.14 (-0.68%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-28 2026-01-28/amc
Earnings (Next)04-22 2026-04-22/amc
Inst Owners79.65%
Inst Owner Change-1.02%
Ins Owners0.58%
Ins Owner Change0.69%
Market Cap32.69B
Revenue(TTM)16.05B
Net Income(TTM)2.13B
Analysts70.59
Price Target189.31 (13.9%)
Short Float %4.39%
Short Ratio6.09
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.29% |
Yearly Dividend1.84
Dividend Growth(5Y)4.25%
DP19.56%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-02 2026-01-02 (0.54)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.33%
Min EPS beat(2)-8.41%
Max EPS beat(2)9.08%
EPS beat(4)2
Avg EPS beat(4)1.69%
Min EPS beat(4)-8.41%
Max EPS beat(4)9.08%
EPS beat(8)5
Avg EPS beat(8)4.26%
EPS beat(12)5
Avg EPS beat(12)0.09%
EPS beat(16)7
Avg EPS beat(16)0.81%
Revenue beat(2)1
Avg Revenue beat(2)0.8%
Min Revenue beat(2)-0.21%
Max Revenue beat(2)1.8%
Revenue beat(4)2
Avg Revenue beat(4)0.22%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)1.8%
Revenue beat(8)3
Avg Revenue beat(8)-0.22%
Revenue beat(12)5
Avg Revenue beat(12)0.13%
Revenue beat(16)9
Avg Revenue beat(16)1.22%
PT rev (1m)0.03%
PT rev (3m)-1.22%
EPS NQ rev (1m)-1.2%
EPS NQ rev (3m)-2.43%
EPS NY rev (1m)-0.49%
EPS NY rev (3m)2.67%
Revenue NQ rev (1m)0.99%
Revenue NQ rev (3m)3.48%
Revenue NY rev (1m)0.9%
Revenue NY rev (3m)4.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.72 | ||
| Fwd PE | 11.85 | ||
| P/S | 2.05 | ||
| P/FCF | 14.55 | ||
| P/OCF | 13.43 | ||
| P/B | 2.61 | ||
| P/tB | 3.07 | ||
| EV/EBITDA | 8.61 |
EPS(TTM)10.57
EY6.36%
EPS(NY)14.02
Fwd EY8.44%
FCF(TTM)11.42
FCFY6.87%
OCF(TTM)12.38
OCFY7.45%
SpS80.91
BVpS63.57
TBVpS54.18
PEG (NY)1.09
PEG (5Y)0.74
Graham Number122.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.41% | ||
| ROE | 17.01% | ||
| ROCE | 15.56% | ||
| ROIC | 2.79% | ||
| ROICexc | 3.27% | ||
| ROICexgc | 3.4% | ||
| OM | 17.41% | ||
| PM (TTM) | 13.37% | ||
| GM | 86.03% | ||
| FCFM | 14.12% |
ROA(3y)2.37%
ROA(5y)2.24%
ROE(3y)17.19%
ROE(5y)16.89%
ROIC(3y)2.81%
ROIC(5y)2.88%
ROICexc(3y)3.29%
ROICexc(5y)3.35%
ROICexgc(3y)3.43%
ROICexgc(5y)3.49%
ROCE(3y)16.36%
ROCE(5y)16.18%
ROICexgc growth 3Y4.56%
ROICexgc growth 5Y0.19%
ROICexc growth 3Y4.74%
ROICexc growth 5Y0.2%
OM growth 3Y-3.18%
OM growth 5Y1.22%
PM growth 3Y0.21%
PM growth 5Y5.97%
GM growth 3Y-3.22%
GM growth 5Y-2.06%
F-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.14 | ||
| Debt/FCF | 28.6 | ||
| Debt/EBITDA | 21.66 | ||
| Cap/Depr | 96.41% | ||
| Cap/Sales | 1.18% | ||
| Interest Coverage | 1.49 | ||
| Cash Conversion | 82.09% | ||
| Profit Quality | 105.6% | ||
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 0.07 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)105.26%
Cap/Depr(5y)86.75%
Cap/Sales(3y)1.3%
Cap/Sales(5y)1.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.09%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%-2.39%
EPS Next Y14.46%
EPS Next 2Y14.8%
EPS Next 3Y16.32%
EPS Next 5Y12.71%
Revenue 1Y (TTM)3.98%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
Sales Q2Q%5.6%
Revenue Next Year15.07%
Revenue Next 2Y11.41%
Revenue Next 3Y9.74%
Revenue Next 5Y7.37%
EBIT growth 1Y2.37%
EBIT growth 3Y8.49%
EBIT growth 5Y15.67%
EBIT Next Year3.77%
EBIT Next 3Y10.11%
EBIT Next 5Y9.01%
FCF growth 1Y15.18%
FCF growth 3YN/A
FCF growth 5Y-10.59%
OCF growth 1Y12.95%
OCF growth 3Y223.34%
OCF growth 5Y-9.7%
RAYMOND JAMES FINANCIAL INC / RJF FAQ
What is the ChartMill fundamental rating of RAYMOND JAMES FINANCIAL INC (RJF) stock?
ChartMill assigns a fundamental rating of 4 / 10 to RJF.
Can you provide the valuation status for RAYMOND JAMES FINANCIAL INC?
ChartMill assigns a valuation rating of 5 / 10 to RAYMOND JAMES FINANCIAL INC (RJF). This can be considered as Fairly Valued.
How profitable is RAYMOND JAMES FINANCIAL INC (RJF) stock?
RAYMOND JAMES FINANCIAL INC (RJF) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for RJF stock?
The Price/Earnings (PE) ratio for RAYMOND JAMES FINANCIAL INC (RJF) is 15.72 and the Price/Book (PB) ratio is 2.61.
Is the dividend of RAYMOND JAMES FINANCIAL INC sustainable?
The dividend rating of RAYMOND JAMES FINANCIAL INC (RJF) is 4 / 10 and the dividend payout ratio is 19.56%.