Raymond James Financial Return on Equity (ROE) Growth & History (RJF)
Raymond James Financial's return on equity was 17.66% for fiscal 2025.
View full Raymond James Financial company overviewRaymond James Financial annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 17.66% | −1.23 pp |
| 2024 | 2024-09-30 | 18.90% | +1.22 pp |
| 2023 | 2023-09-30 | 17.68% | +0.63 pp |
| 2022 | 2022-09-30 | 17.05% | −1.22 pp |
| 2021 | 2021-09-30 | 18.27% | +6.32 pp |
| 2020 | 2020-09-30 | 11.95% | −4.02 pp |
| 2019 | 2019-09-30 | 15.97% | +1.63 pp |
| 2018 | 2018-09-30 | 14.34% | +2.23 pp |
| 2017 | 2017-09-30 | 12.12% | +0.90 pp |
| 2016 | 2016-09-30 | 11.22% | −0.38 pp |
| 2015 | 2015-09-30 | 11.59% | −0.72 pp |
| 2014 | 2014-09-30 | 12.31% | +1.71 pp |
| 2013 | 2013-09-30 | 10.59% | +0.49 pp |
| 2012 | 2012-09-30 | 10.10% | −1.28 pp |
| 2011 | 2011-09-30 | 11.38% | +0.85 pp |
| 2010 | 2010-09-30 | 10.53% | — |
Raymond James Financial quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 4.71% | +1.15 pp |
| Q2 2026 | 2026-03-31 | 4.33% | +0.23 pp |
| Q1 2026 | 2025-12-31 | 4.49% | −0.59 pp |
| Q4 2025 | 2025-09-30 | 4.88% | −0.39 pp |
| Q3 2025 | 2025-06-30 | 3.56% | −0.87 pp |
| Q2 2025 | 2025-03-31 | 4.10% | −0.27 pp |
| Q1 2025 | 2024-12-31 | 5.09% | +0.34 pp |
| Q4 2024 | 2024-09-30 | 5.26% | +0.96 pp |
| Q3 2024 | 2024-06-30 | 4.44% | +0.74 pp |
| Q2 2024 | 2024-03-31 | 4.37% | +0.07 pp |
| Q1 2024 | 2023-12-31 | 4.74% | −0.53 pp |
| Q4 2023 | 2023-09-30 | 4.30% | −0.32 pp |
| Q3 2023 | 2023-06-30 | 3.70% | +0.38 pp |
| Q2 2023 | 2023-03-31 | 4.30% | +0.55 pp |
| Q1 2023 | 2022-12-31 | 5.27% | −0.02 pp |
| Q4 2022 | 2022-09-30 | 4.63% | −0.70 pp |
| Q3 2022 | 2022-06-30 | 3.32% | −0.65 pp |
| Q2 2022 | 2022-03-31 | 3.76% | −0.99 pp |
| Q1 2022 | 2021-12-31 | 5.30% | +0.99 pp |
| Q4 2021 | 2021-09-30 | 5.33% | +2.36 pp |
| Q3 2021 | 2021-06-30 | 3.97% | +1.47 pp |
| Q2 2021 | 2021-03-31 | 4.75% | +2.27 pp |
| Q1 2021 | 2020-12-31 | 4.31% | +0.32 pp |
| Q4 2020 | 2020-09-30 | 2.97% | −1.08 pp |
| Q3 2020 | 2020-06-30 | 2.50% | −1.53 pp |
| Q2 2020 | 2020-03-31 | 2.48% | −1.69 pp |
| Q1 2020 | 2019-12-31 | 3.99% | +0.01 pp |
| Q4 2019 | 2019-09-30 | 4.05% | −0.15 pp |
| Q3 2019 | 2019-06-30 | 4.03% | +0.19 pp |
| Q2 2019 | 2019-03-31 | 4.17% | −0.00 pp |
| Q1 2019 | 2018-12-31 | 3.98% | +1.87 pp |
| Q4 2018 | 2018-09-30 | 4.20% | +0.68 pp |
| Q3 2018 | 2018-06-30 | 3.84% | +0.37 pp |
| Q2 2018 | 2018-03-31 | 4.18% | +1.98 pp |
| Q1 2018 | 2017-12-31 | 2.11% | −0.82 pp |
| Q4 2017 | 2017-09-30 | 3.52% | −0.03 pp |
| Q3 2017 | 2017-06-30 | 3.46% | +0.79 pp |
| Q2 2017 | 2017-03-31 | 2.19% | −0.52 pp |
| Q1 2017 | 2016-12-31 | 2.93% | +0.61 pp |
| Q4 2016 | 2016-09-30 | 3.55% | +0.68 pp |
| Q3 2016 | 2016-06-30 | 2.68% | −0.34 pp |
| Q2 2016 | 2016-03-31 | 2.71% | +0.09 pp |
| Q1 2016 | 2015-12-31 | 2.32% | −0.68 pp |
| Q4 2015 | 2015-09-30 | 2.87% | −0.47 pp |
| Q3 2015 | 2015-06-30 | 3.01% | −0.09 pp |
| Q2 2015 | 2015-03-31 | 2.62% | −0.10 pp |
| Q1 2015 | 2014-12-31 | 3.00% | −0.13 pp |
| Q4 2014 | 2014-09-30 | 3.34% | +0.08 pp |
| Q3 2014 | 2014-06-30 | 3.10% | +0.71 pp |
| Q2 2014 | 2014-03-31 | 2.73% | +0.39 pp |
| Q1 2014 | 2013-12-31 | 3.13% | +0.55 pp |
| Q4 2013 | 2013-09-30 | 3.26% | +0.67 pp |
| Q3 2013 | 2013-06-30 | 2.39% | −0.05 pp |
| Q2 2013 | 2013-03-31 | 2.33% | −0.07 pp |
| Q1 2013 | 2012-12-31 | 2.58% | +0.01 pp |
| Q4 2012 | 2012-09-30 | 2.59% | −0.09 pp |
| Q3 2012 | 2012-06-30 | 2.44% | +0.60 pp |
| Q2 2012 | 2012-03-31 | 2.41% | −0.89 pp |
| Q1 2012 | 2011-12-31 | 2.58% | −0.89 pp |
| Q4 2011 | 2011-09-30 | 2.68% | −0.38 pp |
| Q3 2011 | 2011-06-30 | 1.85% | −1.01 pp |
| Q2 2011 | 2011-03-31 | 3.29% | — |
| Q1 2011 | 2010-12-31 | 3.47% | — |
| Q4 2010 | 2010-09-30 | 3.05% | — |
| Q3 2010 | 2010-06-30 | 2.85% | — |
Raymond James Financial return on equity trends
Over the last five fiscal years, Raymond James Financial's return on equity increased from 11.95% to 17.66%, a change of +5.72 percentage points. The latest reported quarter, Q3 2026, shows 4.71%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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