Growth Metrics

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

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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
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