Raymond James Financial (RJF) Net Margin (2009 - 2026)

Raymond James Financial (RJF) reported Net Margin of 12.72% for Q1 2026, down 177.0% on a YoY basis from 16.52% in Q1 2025, and down 5.5% quarter-over-quarter from 13.46% in Q4 2025.

Raymond James Financial (RJF) Net Margin (2009 - 2026) Analysis & Trends

Raymond James Financial has reported Net Margin for 18 years, with the latest figure at 12.72% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 177.0% year-over-year to 12.72%; the trailing twelve-month figure through Mar 2026 stood at 13.37% (down 152.0% YoY), and the FY2025 full-year result was 13.39%, down 44.0% from the prior year.
  • Net Margin for Q1 2026 stood at 12.72%, down from 13.46% in the prior quarter.
  • The five-year high for Net Margin was 20.17% in Q3 2023, with the low at 10.76% in Q2 2022.
  • Historically, Net Margin has averaged 14.13% across 5 years, with a median of 14.39% in 2025.
  • Annual changes were most pronounced in 2023 — Net Margin jumped 561 bps — and 2024, when it tumbled 515 bps.
  • Raymond James Financial's Net Margin stood at 16.75% in 2022, then decreased by 16 bps to 14.12% in 2023, then gained by 5 bps to 14.85% in 2024, then retreated by 9 bps to 13.46% in 2025, then declined by 6 bps to 12.72% in 2026.
  • The last three Net Margin figures came in at 12.72% (Q1 2026), 13.46% (Q4 2025), and 14.39% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 34.73%
2 Blackstone 96.85 Bn 95.80 Bn - 34.77%
3 Kkr 86.45 Bn 133.96 Bn - 8.45%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -38.15%
5 State Street 46.95 Bn 21.27 Bn - 18.57%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.73%
7 Northern Trust 31.92 Bn 31.92 Bn - 37.97%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.72%
9 Ares Management 29.04 Bn 32.41 Bn - 8.40%
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 35.96%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.72%
Dec 31, 2025 13.46%
Sep 30, 2025 14.39%
Jun 30, 2025 12.80%
Mar 31, 2025 14.49%
Dec 31, 2024 14.85%
Sep 30, 2024 15.01%
Jun 30, 2024 15.21%
Mar 31, 2024 13.03%
Dec 31, 2023 14.12%
Sep 30, 2023 20.17%
Jun 30, 2023 11.21%
Mar 31, 2023 14.79%
Dec 31, 2022 16.75%
Sep 30, 2022 14.56%
Jun 30, 2022 10.76%
Mar 31, 2022 11.91%
Dec 31, 2021 15.83%
Sep 30, 2021 15.08%
Jun 30, 2021 12.42%