Raymond James Financial (RJF) Tax Rate (2009 - 2019)
Raymond James Financial posted quarterly Tax Rate of 30.27% for Q3 2019, down 5557.0% year-on-year from 0.55% in Q3 2018, and down 224.01% on a QoQ basis from 24.41% in Q2 2019.
Raymond James Financial (RJF) has 11 years of Tax Rate data on file, last reported at 30.27% in Q3 2019.
- For the quarter ending Q3 2019, Tax Rate fell 5557.0% year-over-year to 30.27%; the trailing twelve-month figure through Sep 2019 stood at 47.96% (up 1317.0% YoY), and the FY2025 full-year result was 37.33%, down 756.0% from the prior year.
- Tax Rate for Q3 2019 stood at 30.27%, down from 24.41% in the prior quarter.
- Across five years, Tax Rate topped out at 61.74% in Q4 2017 and bottomed at 30.27% in Q3 2019.
- The 5-year median for Tax Rate is 30.06% (2017), against an average of 29.15%.
- The widest annual swing landed in 2017, when Tax Rate jumped 3291 bps; it then sank 5557 bps in 2019.
- A 5-year view of Tax Rate shows it stood at 36.46% in 2015, then declined by 21 bps to 28.82% in 2016, then jumped by 114 bps to 61.74% in 2017, then slumped by 59 bps to 25.15% in 2018, then plunged by 220 bps to 30.27% in 2019.
- The last three Tax Rate figures came in at 30.27% (Q3 2019), 24.41% (Q2 2019), and 25.67% (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | -30.27 |
| Sep 30, 2019 | -30.27 |
| Jun 30, 2019 | 24.41 |
| Jun 30, 2019 | 24.41 |
| Mar 31, 2019 | 25.67 |
| Mar 31, 2019 | 25.67 |
| Dec 31, 2018 | 25.15 |
| Dec 31, 2018 | 25.15 |
| Sep 30, 2018 | 25.30 |
| Sep 30, 2018 | 25.30 |
| Jun 30, 2018 | 27.04 |
| Jun 30, 2018 | 27.04 |
| Mar 31, 2018 | 26.81 |
| Mar 31, 2018 | 26.81 |
| Dec 31, 2017 | 61.74 |
| Dec 31, 2017 | 61.74 |
| Sep 30, 2017 | 30.06 |
| Sep 30, 2017 | 30.06 |
| Jun 30, 2017 | 33.07 |
| Jun 30, 2017 | 33.07 |
| Mar 31, 2017 | 32.71 |
| Mar 31, 2017 | 32.71 |
| Dec 31, 2016 | 28.82 |
| Dec 31, 2016 | 28.82 |
| Sep 30, 2016 | 26.66 |
| Sep 30, 2016 | 26.66 |
| Jun 30, 2016 | 35.27 |
| Jun 30, 2016 | 35.27 |
| Mar 31, 2016 | 37.23 |
| Mar 31, 2016 | 37.23 |
| Dec 31, 2015 | 36.46 |
| Dec 31, 2015 | 36.46 |
| Sep 30, 2015 | 32.48 |
| Sep 30, 2015 | 32.48 |
| Jun 30, 2015 | 37.23 |
| Jun 30, 2015 | 37.23 |
| Mar 31, 2015 | 38.07 |
| Mar 31, 2015 | 38.07 |
| Dec 31, 2014 | 38.57 |
| Dec 31, 2014 | 38.57 |
| Sep 30, 2014 | 37.06 |
| Sep 30, 2014 | 37.06 |
| Jun 30, 2014 | 38.31 |
| Jun 30, 2014 | 38.31 |
| Mar 31, 2014 | 39.81 |
| Mar 31, 2014 | 39.81 |
| Dec 31, 2013 | 34.84 |
| Dec 31, 2013 | 34.84 |
| Sep 30, 2013 | 28.08 |
| Sep 30, 2013 | 28.08 |
| Jun 30, 2013 | 37.39 |
| Jun 30, 2013 | 37.39 |
| Mar 31, 2013 | 32.05 |
| Mar 31, 2013 | 32.05 |
| Dec 31, 2012 | 36.20 |
| Dec 31, 2012 | 36.20 |
| Sep 30, 2012 | 34.91 |
| Sep 30, 2012 | 34.91 |
| Jun 30, 2012 | 35.16 |
| Jun 30, 2012 | 35.16 |
| Mar 31, 2012 | 39.51 |
| Mar 31, 2012 | 39.51 |
| Dec 31, 2011 | 41.59 |
| Dec 31, 2011 | 41.59 |
| Sep 30, 2011 | 47.94 |
| Sep 30, 2011 | 47.94 |
| Jun 30, 2011 | 39.32 |
| Jun 30, 2011 | 39.32 |
| Mar 31, 2011 | 36.48 |
| Mar 31, 2011 | 36.48 |
| Dec 31, 2010 | 38.50 |
| Dec 31, 2010 | 38.50 |
| Sep 30, 2010 | 36.48 |
| Sep 30, 2010 | 36.48 |
| Jun 30, 2010 | 38.62 |
| Jun 30, 2010 | 38.62 |
| Mar 31, 2010 | 36.12 |
| Mar 31, 2010 | 36.12 |
| Dec 31, 2009 | 39.46 |
| Dec 31, 2009 | 39.46 |
| Sep 30, 2009 | 33.28 |
| Sep 30, 2009 | 33.28 |
| Jun 30, 2009 | 38.75 |
| Jun 30, 2009 | 38.75 |