Raymond James Financial (RJF) Net Margin (2009 - 2026)
Raymond James Financial's (RJF) quarterly Net Margin came in at 14.05% in Q1 2026, up 122.0% YoY from 6.33% in Q1 2025, and up 4.36% on a QoQ basis from 13.46% in Q4 2025.
Raymond James Financial (RJF) Net Margin (2009 - 2026) Analysis & Trends
Raymond James Financial (RJF) has 18 years of Net Margin data on file, last reported at 14.05% in 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 advanced to 14.05% in Q1 2026, from 13.46% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 31.61% in Q3 2024 to a low of 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 slumped 588 bps.
- Tracing RJF's Net Margin over 5 years: stood at 18.2% in 2022, then slipped by 9 bps to 16.5% in 2023, then decreased by 10 bps to 14.85% in 2024, then retreated by 9 bps to 13.46% in 2025, then climbed by 4 bps to 14.05% in 2026.
- The last three Net Margin figures came in at 14.05% (Q1 2026), 13.46% (Q4 2025), and 25.74% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.97 Bn | 165.10 Bn | - | 27.15% |
| 2 | Blackstone | 114.89 Bn | 112.38 Bn | - | 46.71% |
| 3 | Kkr | 97.39 Bn | -179.68 Bn | - | 11.53% |
| 4 | Brookfield | 93.49 Bn | 46.09 Bn | - | 1.88% |
| 5 | Brookfield Asset Management | 83.75 Bn | 82.25 Bn | - | 51.57% |
| 6 | Apollo Global Management | 78.59 Bn | 53.21 Bn | 10.54 Bn | 11.98% |
| 7 | State Street | 51.56 Bn | 51.56 Bn | - | 25.35% |
| 8 | Ameriprise Financial | 51.27 Bn | 40.23 Bn | 4.72 Bn | 22.20% |
| 9 | Raymond James Financial | 34.00 Bn | 20.75 Bn | - | 13.64% |
| 10 | Northern Trust | 33.96 Bn | 33.96 Bn | - | 58.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.64% |
| 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% |