Raymond James Financial (RJF) Net Margin (2009 - 2026)
Raymond James Financial posted quarterly Net Margin of 12.72% for Q1 2026, down 177.0% year-on-year from 16.52% in Q1 2025, and down 5.5% on a QoQ basis from 13.46% in Q4 2025.
Raymond James Financial (RJF) has 18 years of Net Margin data on file, last reported 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.
- Across five years, Net Margin topped out at 20.17% in Q3 2023 and bottomed at 10.76% in Q2 2022.
- The 5-year median for Net Margin is 14.39% (2025), against an average of 14.13%.
- The widest annual swing landed in 2023, when Net Margin jumped 561 bps; it then sank 515 bps in 2024.
- A 5-year view of Net Margin shows it stood at 16.75% in 2022, then slipped by 16 bps to 14.12% in 2023, then advanced by 5 bps to 14.85% in 2024, then decreased by 9 bps to 13.46% in 2025, then fell 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 | 158.51 Bn | 148.89 Bn | - | 34.73% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 34.77% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 8.45% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 46.11% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | -38.15% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 18.57% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.73% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 37.97% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 8.40% |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | 12.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2020 | -3.19% |
| Sep 30, 2019 | -16.61% |
| Jun 30, 2019 | 10.12% |
| Mar 31, 2019 | 9.68% |
| Dec 31, 2018 | 8.54% |
| Sep 30, 2018 | 9.10% |
| Jun 30, 2018 | 7.37% |
| Mar 31, 2018 | 7.82% |
| Dec 31, 2017 | 0.74% |
| Sep 30, 2017 | 5.07% |
| Jun 30, 2017 | 4.55% |
| Mar 31, 2017 | -0.75% |
| Dec 31, 2016 | 1.61% |
| Sep 30, 2016 | 2.31% |
| Jun 30, 2016 | -8.22% |
| Mar 31, 2016 | -8.96% |
| Dec 31, 2015 | -13.01% |
| Sep 30, 2015 | -7.08% |
| Jun 30, 2015 | -10.92% |
| Mar 31, 2015 | -12.78% |
| Dec 31, 2014 | -13.21% |
| Sep 30, 2014 | -12.42% |
| Jun 30, 2014 | -15.12% |
| Mar 31, 2014 | -19.34% |
| Dec 31, 2013 | -18.78% |
| Sep 30, 2013 | -17.94% |
| Jun 30, 2013 | -21.99% |
| Mar 31, 2013 | -29.12% |
| Dec 31, 2012 | -30.27% |
| Sep 30, 2012 | -33.42% |
| Jun 30, 2012 | -30.80% |
| Mar 31, 2012 | 7.34% |
| Dec 31, 2011 | 7.65% |
| Sep 30, 2011 | -32.09% |
| Jun 30, 2011 | 5.67% |
| Mar 31, 2011 | 9.11% |
| Dec 31, 2010 | 9.39% |
| Sep 30, 2010 | 7.79% |
| Jun 30, 2010 | 7.83% |
| Mar 31, 2010 | 8.19% |
| Dec 31, 2009 | 5.78% |
| Sep 30, 2009 | 5.24% |
| Jun 30, 2009 | 7.38% |