Raymond James Financial, Inc. (RJF) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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RJF Revenue Growth
Revenue Breakdown (FY 2025)
RJF's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
RJF Revenue Analysis (2014–2025)
As of May 6, 2026, Raymond James Financial, Inc. (RJF) generated trailing twelve-month (TTM) revenue of $16.35 billion, reflecting strong growth of +12.4% year-over-year. The most recent quarter (Q2 2026) recorded $4.26 billion in revenue, up 2.1% sequentially.
Looking at the longer-term picture, RJF's 5-year compound annual growth rate (CAGR) stands at +14.6%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $15.91 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows RJF's business is primarily driven by Private Client Group (62%), RJ Bank (20%), and Capital Markets (11%). With over half of revenue concentrated in Private Client Group, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including SF, LPL (-3.0% YoY), and LPLA, RJF has outperformed the peer group in terms of revenue growth. Compare RJF vs SF →
RJF Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RJFCurrent | $16.4B | +12.4% | +14.6% | 28.7% | |
 SF | $6.3B | - | - | 13.8% | |
 LPL | $25.81T | -3.0% | +1.2% | 2.0% | |
 LPLA | $17.0B | - | - | 13.4% | |
 PJT | $1.7B | - | - | 21.2% | |
 HLI | $2.4B | - | - | 21.0% |
RJF Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $15.91B | - | $14.03B | 88.2% | $4.56B | 28.7% |
| 2024 | $14.74B | - | $12.59B | 85.4% | $2.64B | 17.9% |
| 2023 | $12.84B | - | $11.34B | 88.3% | $2.28B | 17.8% |
| 2022 | $11.16B | - | $10.75B | 96.4% | $2.02B | 18.1% |
| 2021 | $9.78B | - | $9.66B | 98.8% | $1.79B | 18.3% |
| 2020 | $8.07B | - | $7.66B | 94.9% | $1.05B | 13.0% |
| 2019 | $7.93B | - | $7.62B | 96.2% | $1.38B | 17.3% |
| 2018 | $7.38B | - | $7.16B | 97.0% | $1.31B | 17.8% |
| 2017 | $6.45B | - | $6.28B | 97.4% | $925.0M | 14.3% |
| 2016 | $5.46B | - | $5.32B | 97.4% | $811.9M | 14.9% |
Full RJF Stock Analysis
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Start ComparisonRJF — Frequently Asked Questions
Quick answers to the most common questions about buying RJF stock.
Is RJF's revenue growth accelerating or slowing?
RJF maintains +12.4% revenue growth, in line with its 5-year CAGR of +14.6%. TTM revenue stands at $16.4B. Growth rate remains consistent with historical average.
What is RJF's long-term revenue growth rate?
Raymond James Financial, Inc.'s 5-year revenue CAGR of +14.6% reflects the sustained expansion pattern. Current YoY growth of +12.4% is near this long-term average.
How is RJF's revenue distributed by segment?
RJF reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.