Raymond James Financial (RJF) Net Margin (2009 - 2026)
Raymond James Financial (RJF) posted Net Margin of 14.05% for Q1 2026, up 4.36% on a QoQ basis from 13.46% in Q4 2025, and up 122.0% year-over-year from 6.33% in Q1 2025.
Raymond James Financial (RJF) Net Margin (2009 - 2026) Analysis & Trends
Raymond James Financial's Net Margin history runs 18 years deep, the most recent figure standing at 14.05% for Q1 2026.
- Quarterly Net Margin rose 122.0% year-over-year to 14.05% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.55% (down 58.0% YoY) and the FY2025 annual result came in at 15.14%, down 95.0% from the prior year.
- Net Margin was 14.05% for Q1 2026 at Raymond James Financial, up from 13.46% in the prior quarter.
- Across five years, Net Margin topped out at 31.61% in Q3 2024 and bottomed at 11.0% in Q2 2022.
- A 5-year average of 15.88% and a median of 13.46% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin surged 1145 bps — and 2025, when it sank 588 bps.
- Raymond James Financial's Net Margin stood at 18.2% in 2022, then declined by 9 bps to 16.5% in 2023, then dropped by 10 bps to 14.85% in 2024, then slipped by 9 bps to 13.46% in 2025, then increased by 4 bps to 14.05% in 2026.
- Business Quant data shows RJF's Net Margin at 14.05% in Q1 2026, 13.46% in Q4 2025, and 25.74% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 0.55% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 32.99% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 34.77% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | -889.40% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 37.97% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 14.05% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 26.07% |
| 10 | Principal Financial | 23.31 Bn | -27.00 Bn | -463.00 Mn | 35.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.05% |
| Dec 31, 2025 | 13.46% |
| Sep 30, 2025 | 25.74% |
| Jun 30, 2025 | 12.80% |
| Mar 31, 2025 | 12.82% |
| Dec 31, 2024 | 14.85% |
| Sep 30, 2024 | 31.61% |
| Jun 30, 2024 | 13.05% |
| Mar 31, 2024 | 13.03% |
| Dec 31, 2023 | 16.50% |
| Sep 30, 2023 | 20.17% |
| Jun 30, 2023 | 12.69% |
| Mar 31, 2023 | 13.46% |
| Dec 31, 2022 | 18.20% |
| Sep 30, 2022 | 14.56% |
| Jun 30, 2022 | 11.00% |
| Mar 31, 2022 | 11.91% |
| Dec 31, 2021 | 16.04% |
| Sep 30, 2021 | 15.71% |
| Jun 30, 2021 | 12.23% |