7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
RZC Revenue Growth
Revenue Breakdown (FY 2024)
RZC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
RZC Revenue Analysis (2014–2025)
As of May 9, 2026, 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) generated trailing twelve-month (TTM) revenue of $18.13 billion, reflecting significant decline in growth of -99.9% year-over-year. The most recent quarter (Q1 2026) recorded $6.5 million in revenue, down 99.9% sequentially.
Looking at the longer-term picture, RZC's 5-year compound annual growth rate (CAGR) stands at +9.3%, indicating steady revenue expansion. The company achieved its highest annual revenue of $22.79 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows RZC's business is primarily driven by Other Operating Segment (100%). With over half of revenue concentrated in Other Operating Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including GS, MS, and JEF. Compare RZC vs GS →
RZC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RZCCurrent | $18.1B | -99.9% | +9.3% | 6.8% | |
 GS | $126.9B | - | - | 14.5% | |
 MS | $103.1B | - | - | 17.1% | |
 JEF | $10.8B | - | - | 6.3% | |
 LAZ | $3.2B | - | - | 13.0% | |
 HLI | $2.4B | - | - | 21.0% |
RZC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $22.79B | +3.4% | $5.79B | 25.4% | $1.54B | 6.8% |
| 2024 | $22.04B | +19.9% | $2.49B | 11.3% | $980.0M | 4.4% |
| 2023 | $18.39B | +15.8% | $2.33B | 12.7% | $1.16B | 6.3% |
| 2022 | $15.88B | -1.1% | $1.57B | 9.9% | $718.0M | 4.5% |
| 2021 | $16.06B | +10.1% | $1.85B | 11.5% | $1.39B | 8.6% |
| 2020 | $14.58B | +2.7% | $1.54B | 10.6% | $553.0M | 3.8% |
| 2019 | $14.20B | +10.3% | $2.10B | 14.8% | $1.13B | 8.0% |
| 2018 | $12.88B | +2.9% | $1.81B | 14.0% | $846.0M | 6.6% |
| 2017 | $12.52B | +8.6% | $2.03B | 16.2% | $1.14B | 9.1% |
| 2016 | $11.52B | +10.6% | $1.85B | 16.1% | $1.04B | 9.1% |
See RZC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs RZC Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare RZC vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonRZC — Frequently Asked Questions
Quick answers to the most common questions about buying RZC stock.
Is RZC's revenue growth accelerating or slowing?
RZC revenue declined -99.9% year-over-year, contrasting with the 5-year CAGR of +9.3%. TTM revenue fell to $18.1B. This reverses the prior growth trend.
What is RZC's long-term revenue growth rate?
7.125% Fixed-Rate Reset Subordinated Debentures due 2052's 5-year revenue CAGR of +9.3% reflects the variable expansion pattern. Current YoY growth of -99.9% is below this long-term average.
How is RZC's revenue distributed by segment?
RZC 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.