Raymond James Financial annual free cash flow
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2025
Raymond James Financial Free Cash Flow (FCF) History (RJF)
Raymond James Financial reported $2.25B in free cash flow for fiscal 2025, an increase of 15.18% from the previous fiscal year, with a free cash flow margin of 14.12%.
View full Raymond James Financial company overviewRaymond James Financial free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-09-30 | $2.25B | $296.0M | +15.18% | +14.12% |
| 2024 | 2024-09-30 | $1.95B | $5.64B | — | +13.07% |
| 2023 | 2023-09-30 | −$3.69B | −$3.67B | — | −28.38% |
| 2022 | 2022-09-30 | −$19.0M | −$6.59B | — | −0.17% |
| 2021 | 2021-09-30 | $6.57B | $2.62B | +66.45% | +66.33% |
| 2020 | 2020-09-30 | $3.95B | $3.51B | +799.54% | +48.35% |
| 2019 | 2019-09-30 | $439.0M | −$311.0M | −41.47% | +5.47% |
| 2018 | 2018-09-30 | $750.0M | $1.06B | — | +10.03% |
| 2017 | 2017-09-30 | −$315.0M | $380.1M | — | −4.83% |
| 2016 | 2016-09-30 | −$695.1M | −$1.52B | — | −12.59% |
| 2015 | 2015-09-30 | $824.6M | $377.1M | +84.29% | +15.53% |
| 2014 | 2014-09-30 | $447.4M | −$139.5M | −23.77% | +9.01% |
| 2013 | 2013-09-30 | $586.9M | $273.2M | +87.05% | +12.77% |
| 2012 | 2012-09-30 | $313.8M | −$1.21B | −79.37% | +8.05% |
| 2011 | 2011-09-30 | $1.52B | $2.56B | — | +44.74% |
| 2010 | 2010-09-30 | −$1.04B | −$1.38B | — | −35.03% |
| 2009 | 2009-09-30 | $338.6M | $162.5M | +92.26% | +13.01% |
| 2008 | 2008-09-30 | $176.1M | — | — | +5.50% |
Raymond James Financial quarterly free cash flow
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Q3.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | −$308.0M | −$942.0M | — | −7.06% |
| Q2 2026 | 2026-03-31 | $1.05B | $983.0M | +1384.51% | +24.73% |
| Q1 2026 | 2025-12-31 | −$56.0M | −$845.0M | — | −1.34% |
| Q4 2025 | 2025-09-30 | $752.0M | $292.0M | +63.48% | +17.95% |
| Q3 2025 | 2025-06-30 | $634.0M | −$21.0M | −3.21% | +16.50% |
| Q2 2025 | 2025-03-31 | $71.0M | −$271.0M | −79.24% | +1.85% |
| Q1 2025 | 2024-12-31 | $789.0M | $296.0M | +60.04% | +19.55% |
| Q4 2024 | 2024-09-30 | $460.0M | $77.0M | +20.10% | +11.49% |
| Q3 2024 | 2024-06-30 | $655.0M | $896.0M | — | +17.41% |
| Q2 2024 | 2024-03-31 | $342.0M | $1.01B | — | +9.40% |
| Q1 2024 | 2023-12-31 | $493.0M | $3.66B | — | +14.01% |
| Q4 2023 | 2023-09-30 | $383.0M | $4.90B | — | +10.90% |
| Q3 2023 | 2023-06-30 | −$241.0M | −$5.96B | — | −7.32% |
| Q2 2023 | 2023-03-31 | −$666.0M | −$1.76B | — | −21.10% |
| Q1 2023 | 2022-12-31 | −$3.16B | −$857.0M | — | −104.49% |
| Q4 2022 | 2022-09-30 | −$4.52B | −$9.00B | — | −150.65% |
| Q3 2022 | 2022-06-30 | $5.71B | $4.34B | +316.47% | +205.69% |
| Q2 2022 | 2022-03-31 | $1.09B | $2.32B | — | +40.35% |
| Q1 2022 | 2021-12-31 | −$2.31B | −$4.20B | — | −81.83% |
| Q4 2021 | 2021-09-30 | $4.48B | $3.09B | +221.85% | +163.99% |
| Q3 2021 | 2021-06-30 | $1.37B | $1.69B | — | +54.64% |
| Q2 2021 | 2021-03-31 | −$1.22B | −$3.58B | — | −50.73% |
| Q1 2021 | 2020-12-31 | $1.90B | $1.39B | +271.76% | +83.89% |
| Q4 2020 | 2020-09-30 | $1.39B | $749.0M | +116.67% | +65.58% |
| Q3 2020 | 2020-06-30 | −$314.0M | −$150.0M | — | −16.74% |
| Q2 2020 | 2020-03-31 | $2.36B | $2.60B | — | +111.89% |
| Q1 2020 | 2019-12-31 | $510.0M | $312.0M | +157.58% | +24.76% |
| Q4 2019 | 2019-09-30 | $642.0M | $20.0M | +3.22% | +30.79% |
| Q3 2019 | 2019-06-30 | −$164.0M | $244.0M | — | −8.20% |
| Q2 2019 | 2019-03-31 | −$237.0M | −$387.0M | — | −12.25% |
| Q1 2019 | 2018-12-31 | $198.0M | −$188.0M | −48.70% | +9.88% |
| Q4 2018 | 2018-09-30 | $622.0M | $2.11B | — | +31.70% |
| Q3 2018 | 2018-06-30 | −$408.0M | −$671.2M | — | −21.58% |
| Q2 2018 | 2018-03-31 | $150.0M | −$33.3M | −18.15% | +8.08% |
| Q1 2018 | 2017-12-31 | $386.0M | −$342.9M | −47.05% | +21.86% |
| Q4 2017 | 2017-09-30 | −$1.49B | −$922.3M | — | −86.01% |
| Q3 2017 | 2017-06-30 | $263.2M | $274.4M | — | +15.82% |
| Q2 2017 | 2017-03-31 | $183.3M | $514.3M | — | +11.45% |
| Q1 2017 | 2016-12-31 | $728.9M | $513.5M | +238.42% | +47.68% |
| Q4 2016 | 2016-09-30 | −$568.1M | −$979.6M | — | −38.07% |
| Q3 2016 | 2016-06-30 | −$11.3M | −$73.3M | — | −0.81% |
| Q2 2016 | 2016-03-31 | −$331.1M | −$455.5M | — | −24.69% |
| Q1 2016 | 2015-12-31 | $215.4M | −$11.2M | −4.94% | +16.56% |
| Q4 2015 | 2015-09-30 | $411.5M | $370.8M | +912.90% | +30.07% |
| Q3 2015 | 2015-06-30 | $62.1M | −$243.0M | −79.65% | +4.60% |
| Q2 2015 | 2015-03-31 | $124.5M | $26.5M | +27.06% | +9.48% |
| Q1 2015 | 2014-12-31 | $226.6M | $222.8M | +5823.95% | +17.70% |
| Q4 2014 | 2014-09-30 | $40.6M | −$198.9M | −83.04% | +3.10% |
| Q3 2014 | 2014-06-30 | $305.0M | $86.7M | +39.71% | +24.57% |
| Q2 2014 | 2014-03-31 | $97.9M | $187.9M | — | +8.13% |
| Q1 2014 | 2013-12-31 | $3.8M | −$215.2M | −98.25% | +0.32% |
| Q4 2013 | 2013-09-30 | $239.5M | $168.0M | +234.85% | +20.82% |
| Q3 2013 | 2013-06-30 | $218.3M | $252.0M | — | +19.19% |
| Q2 2013 | 2013-03-31 | −$90.0M | −$549.2M | — | −7.69% |
| Q1 2013 | 2012-12-31 | $219.1M | $274.1M | — | +19.26% |
| Q2 2012 | 2012-03-31 | $71.5M | $157.5M | — | +8.04% |
| Q1 2012 | 2011-12-31 | −$33.6M | −$1.24B | — | −4.21% |
| Q4 2011 | 2011-09-30 | $459.3M | $1.50B | — | +55.03% |
| Q3 2011 | 2011-06-30 | −$55.0M | −$120.9M | — | −6.34% |
| Q2 2011 | 2011-03-31 | −$85.9M | −$164.8M | — | −9.92% |
| Q1 2011 | 2010-12-31 | $1.20B | $1.35B | — | +144.88% |
| Q4 2010 | 2010-09-30 | −$1.04B | — | — | −136.80% |
| Q3 2010 | 2010-06-30 | $65.9M | — | — | +8.63% |
| Q2 2010 | 2010-03-31 | $78.9M | — | — | +10.51% |
| Q1 2010 | 2009-12-31 | −$144.3M | — | — | −20.54% |
Raymond James Financial free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $3.95B to $2.25B, a compound annual decline of 10.67%. Raymond James Financial's latest reported quarter, Q3 2026, generated −$308.0M in free cash flow, a decrease of $942.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Raymond James Financial filings at SEC.gov ↗