Raymond James Financial, Inc. (RJF) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
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 February 28, 2026, Raymond James Financial, Inc. (RJF) generated trailing twelve-month (TTM) revenue of $15.88 billion, reflecting modest growth of +4.9% year-over-year. The most recent quarter (Q1 2026) recorded $4.18 billion in revenue, up 1.1% 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 SCHW, HOOD, and FUTU. Compare RJF vs SCHW →
Peer Comparison
Compare RJF's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RJFCurrent | $15.9B | +4.9% | +14.6% | 28.7% | |
| SCHW | $26.0B | - | - | 29.6% | |
| HOOD | $3.0B | - | - | 35.8% | |
| FUTU | $13.6B | - | - | 48.7% | |
| LPLA | $17.0B | - | - | 13.4% | |
| XP | $19.9B | - | - | -19.7% |
Historical Revenue Data
| 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% |
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Start ComparisonFrequently Asked Questions
Is RJF's revenue growth accelerating or slowing?
RJF revenue growth slowed to +4.9%, below the 5-year CAGR of +14.6%. TTM revenue is $15.9B. The deceleration marks a shift from historical growth rates.
What is RJF's long-term revenue growth rate?
Raymond James Financial, Inc.'s 5-year revenue CAGR of +14.6% reflects the variable expansion pattern. Current YoY growth of +4.9% 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.