Raymond James Financial (RJF) Tax Rate (2009 - 2019)

Raymond James Financial (RJF) reported Tax Rate of 30.27% for Q3 2019, down 5557.0% on a YoY basis from 0.55% in Q3 2018, and down 224.01% quarter-over-quarter from 24.41% in Q2 2019.

Raymond James Financial (RJF) Tax Rate (2009 - 2019) Analysis & Trends

Raymond James Financial has reported Tax Rate for 11 years, with the latest figure 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.
  • The five-year high for Tax Rate was 61.74% in Q4 2017, with the low at 30.27% in Q3 2019.
  • Historically, Tax Rate has averaged 29.15% across 5 years, with a median of 30.06% in 2017.
  • Annual changes were most pronounced in 2017 — Tax Rate jumped 3291 bps — and 2019, when it tumbled 5557 bps.
  • Raymond James Financial's Tax Rate stood at 36.46% in 2015, then dropped by 21 bps to 28.82% in 2016, then soared by 114 bps to 61.74% in 2017, then tumbled by 59 bps to 25.15% in 2018, then sank 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 163.18 Bn 153.56 Bn - 18.16
2 Blackstone 96.85 Bn 95.80 Bn - 13.55
3 Kkr 86.45 Bn 133.96 Bn - 40.05
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 598.59
5 State Street 46.95 Bn 21.27 Bn - 21.16
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 20.02
7 Northern Trust 31.92 Bn 31.92 Bn - 24.99
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - 19.13
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 14.30

Historic Data

Download Data
DateValue
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%