RAYMOND JAMES FINANCIAL INC (RJF) Fundamental Analysis & Valuation
NYSE:RJF • US7547301090
Current stock price
150.86 USD
-4.91 (-3.15%)
At close:
151.21 USD
+0.35 (+0.23%)
After Hours:
This RJF fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. RJF Profitability Analysis
1.1 Basic Checks
- In the past year RJF was profitable.
- In the past year RJF had a positive cash flow from operations.
- Each year in the past 5 years RJF has been profitable.
- RJF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 2.35%, RJF is in line with its industry, outperforming 49.58% of the companies in the same industry.
- RJF has a Return On Equity of 16.63%. This is in the better half of the industry: RJF outperforms 77.08% of its industry peers.
- RJF has a Return On Invested Capital (2.73%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for RJF is below the industry average of 7.19%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.35% | ||
| ROE | 16.63% | ||
| ROIC | 2.73% |
ROA(3y)2.37%
ROA(5y)2.24%
ROE(3y)17.19%
ROE(5y)16.89%
ROIC(3y)2.81%
ROIC(5y)2.88%
1.3 Margins
- RJF has a Profit Margin (13.02%) which is in line with its industry peers.
- In the last couple of years the Profit Margin of RJF has grown nicely.
- RJF's Operating Margin of 17.13% is on the low side compared to the rest of the industry. RJF is outperformed by 62.50% of its industry peers.
- In the last couple of years the Operating Margin of RJF has remained more or less at the same level.
- RJF has a better Gross Margin (86.43%) than 90.83% of its industry peers.
- RJF's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.13% | ||
| PM (TTM) | 13.02% | ||
| GM | 86.43% |
OM growth 3Y-3.18%
OM growth 5Y1.22%
PM growth 3Y0.21%
PM growth 5Y5.97%
GM growth 3Y-3.22%
GM growth 5Y-2.06%
2. RJF Health Analysis
2.1 Basic Checks
- Compared to 1 year ago, RJF has less shares outstanding
- The number of shares outstanding for RJF has been increased compared to 5 years ago.
- The debt/assets ratio for RJF is higher compared to a year ago.
2.2 Solvency
- RJF has an Altman-Z score of 0.03. This is a bad value and indicates that RJF is not financially healthy and even has some risk of bankruptcy.
- RJF's Altman-Z score of 0.03 is on the low side compared to the rest of the industry. RJF is outperformed by 72.92% of its industry peers.
- RJF has a debt to FCF ratio of 46.58. This is a negative value and a sign of low solvency as RJF would need 46.58 years to pay back of all of its debts.
- With a Debt to FCF ratio value of 46.58, RJF perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
- A Debt/Equity ratio of 5.19 is on the high side and indicates that RJF has dependencies on debt financing.
- RJF has a Debt to Equity ratio of 5.19. This is amonst the worse of the industry: RJF underperforms 85.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.19 | ||
| Debt/FCF | 46.58 | ||
| Altman-Z | 0.03 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.25 indicates that RJF may have some problems paying its short term obligations.
- RJF has a worse Current ratio (0.25) than 85.42% of its industry peers.
- RJF has a Quick Ratio of 0.25. This is a bad value and indicates that RJF is not financially healthy enough and could expect problems in meeting its short term obligations.
- RJF has a Quick ratio of 0.25. This is amonst the worse of the industry: RJF underperforms 85.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 |
3. RJF Growth Analysis
3.1 Past
- RJF shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.09%.
- RJF shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.21% yearly.
- The Revenue has been growing slightly by 3.98% in the past year.
- Measured over the past years, RJF shows a quite strong growth in Revenue. The Revenue has been growing by 14.27% on average per year.
EPS 1Y (TTM)-0.09%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%-2.39%
Revenue 1Y (TTM)3.98%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
Sales Q2Q%5.6%
3.2 Future
- RJF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.72% yearly.
- RJF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.59% yearly.
EPS Next Y14.24%
EPS Next 2Y13.63%
EPS Next 3Y16.34%
EPS Next 5Y9.72%
Revenue Next Year14.18%
Revenue Next 2Y11.16%
Revenue Next 3Y9.73%
Revenue Next 5Y6.59%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. RJF Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 14.27 indicates a correct valuation of RJF.
- The rest of the industry has a similar Price/Earnings ratio as RJF.
- When comparing the Price/Earnings ratio of RJF to the average of the S&P500 Index (27.53), we can say RJF is valued slightly cheaper.
- With a Price/Forward Earnings ratio of 10.98, the valuation of RJF can be described as very reasonable.
- RJF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. RJF is cheaper than 62.50% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 37.95, RJF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.27 | ||
| Fwd PE | 10.98 |
4.2 Price Multiples
- 89.17% of the companies in the same industry are more expensive than RJF, based on the Enterprise Value to EBITDA ratio.
- RJF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.22 | ||
| EV/EBITDA | 8.49 |
4.3 Compensation for Growth
- RJF's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- RJF's earnings are expected to grow with 16.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)1
PEG (5Y)0.67
EPS Next 2Y13.63%
EPS Next 3Y16.34%
5. RJF Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.46%, RJF has a reasonable but not impressive dividend return.
- RJF's Dividend Yield is slightly below the industry average, which is at 6.64.
- RJF's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
5.2 History
- The dividend of RJF is nicely growing with an annual growth rate of 6.81%!
- RJF has been paying a dividend for at least 10 years, so it has a reliable track record.
- RJF has decreased its dividend recently.
Dividend Growth(5Y)6.81%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 20.24% of the earnings are spent on dividend by RJF. This is a low number and sustainable payout ratio.
- RJF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP20.24%
EPS Next 2Y13.63%
EPS Next 3Y16.34%
RJF Fundamentals: All Metrics, Ratios and Statistics
150.86
-4.91 (-3.15%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-28 2026-01-28/amc
Earnings (Next)04-22 2026-04-22/amc
Inst Owners79.3%
Inst Owner Change-0.01%
Ins Owners0.5%
Ins Owner Change0.42%
Market Cap29.73B
Revenue(TTM)16.05B
Net Income(TTM)2.09B
Analysts71.11
Price Target184.72 (22.44%)
Short Float %5.05%
Short Ratio6.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.46% |
Yearly Dividend2.07
Dividend Growth(5Y)6.81%
DP20.24%
Div Incr Years1
Div Non Decr Years1
Ex-Date04-01 2026-04-01 (0.54)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.76%
Min EPS beat(2)-1.55%
Max EPS beat(2)9.08%
EPS beat(4)1
Avg EPS beat(4)-0.68%
Min EPS beat(4)-8.41%
Max EPS beat(4)9.08%
EPS beat(8)4
Avg EPS beat(8)3.41%
EPS beat(12)5
Avg EPS beat(12)0.01%
EPS beat(16)6
Avg EPS beat(16)-0.49%
Revenue beat(2)1
Avg Revenue beat(2)-1.02%
Min Revenue beat(2)-3.84%
Max Revenue beat(2)1.8%
Revenue beat(4)1
Avg Revenue beat(4)-0.96%
Min Revenue beat(4)-3.84%
Max Revenue beat(4)1.8%
Revenue beat(8)3
Avg Revenue beat(8)-0.37%
Revenue beat(12)4
Avg Revenue beat(12)-0.63%
Revenue beat(16)8
Avg Revenue beat(16)0.63%
PT rev (1m)-2.42%
PT rev (3m)-1.84%
EPS NQ rev (1m)-1.09%
EPS NQ rev (3m)-2.23%
EPS NY rev (1m)-0.55%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-0.25%
Revenue NQ rev (3m)0.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.27 | ||
| Fwd PE | 10.98 | ||
| P/S | 1.85 | ||
| P/FCF | 21.22 | ||
| P/OCF | 18.65 | ||
| P/B | 2.37 | ||
| P/tB | 2.77 | ||
| EV/EBITDA | 8.49 |
EPS(TTM)10.57
EY7.01%
EPS(NY)13.74
Fwd EY9.11%
FCF(TTM)7.11
FCFY4.71%
OCF(TTM)8.09
OCFY5.36%
SpS81.45
BVpS63.78
TBVpS54.45
PEG (NY)1
PEG (5Y)0.67
Graham Number123.158 (-18.36%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.35% | ||
| ROE | 16.63% | ||
| ROCE | 15.4% | ||
| ROIC | 2.73% | ||
| ROICexc | 3.13% | ||
| ROICexgc | 3.25% | ||
| OM | 17.13% | ||
| PM (TTM) | 13.02% | ||
| GM | 86.43% | ||
| FCFM | 8.73% |
ROA(3y)2.37%
ROA(5y)2.24%
ROE(3y)17.19%
ROE(5y)16.89%
ROIC(3y)2.81%
ROIC(5y)2.88%
ROICexc(3y)3.29%
ROICexc(5y)3.35%
ROICexgc(3y)3.43%
ROICexgc(5y)3.49%
ROCE(3y)16.36%
ROCE(5y)16.18%
ROICexgc growth 3Y4.56%
ROICexgc growth 5Y0.19%
ROICexc growth 3Y4.74%
ROICexc growth 5Y0.2%
OM growth 3Y-3.18%
OM growth 5Y1.22%
PM growth 3Y0.21%
PM growth 5Y5.97%
GM growth 3Y-3.22%
GM growth 5Y-2.06%
F-Score4
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.19 | ||
| Debt/FCF | 46.58 | ||
| Debt/EBITDA | 22.14 | ||
| Cap/Depr | 97.97% | ||
| Cap/Sales | 1.2% | ||
| Interest Coverage | 1.55 | ||
| Cash Conversion | 54.09% | ||
| Profit Quality | 67.03% | ||
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.25 | ||
| Altman-Z | 0.03 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)105.26%
Cap/Depr(5y)86.75%
Cap/Sales(3y)1.3%
Cap/Sales(5y)1.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.09%
EPS 3Y13.07%
EPS 5Y21.21%
EPS Q2Q%-2.39%
EPS Next Y14.24%
EPS Next 2Y13.63%
EPS Next 3Y16.34%
EPS Next 5Y9.72%
Revenue 1Y (TTM)3.98%
Revenue growth 3Y12.06%
Revenue growth 5Y14.27%
Sales Q2Q%5.6%
Revenue Next Year14.18%
Revenue Next 2Y11.16%
Revenue Next 3Y9.73%
Revenue Next 5Y6.59%
EBIT growth 1Y-2.24%
EBIT growth 3Y8.49%
EBIT growth 5Y15.67%
EBIT Next Year3.77%
EBIT Next 3Y10.11%
EBIT Next 5Y9.01%
FCF growth 1Y4619.35%
FCF growth 3YN/A
FCF growth 5Y-10.59%
OCF growth 1Y866.06%
OCF growth 3Y223.34%
OCF growth 5Y-9.7%
RAYMOND JAMES FINANCIAL INC / RJF Fundamental Analysis FAQ
What is the ChartMill fundamental rating of RAYMOND JAMES FINANCIAL INC (RJF) stock?
ChartMill assigns a fundamental rating of 4 / 10 to RJF.
What is the valuation status of RAYMOND JAMES FINANCIAL INC (RJF) stock?
ChartMill assigns a valuation rating of 5 / 10 to RAYMOND JAMES FINANCIAL INC (RJF). This can be considered as Fairly Valued.
What is the profitability of RJF stock?
RAYMOND JAMES FINANCIAL INC (RJF) has a profitability rating of 5 / 10.
What are the PE and PB ratios of RAYMOND JAMES FINANCIAL INC (RJF) stock?
The Price/Earnings (PE) ratio for RAYMOND JAMES FINANCIAL INC (RJF) is 14.27 and the Price/Book (PB) ratio is 2.37.
How sustainable is the dividend of RAYMOND JAMES FINANCIAL INC (RJF) stock?
The dividend rating of RAYMOND JAMES FINANCIAL INC (RJF) is 5 / 10 and the dividend payout ratio is 20.24%.