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Operating Margin for Raymond James Financial (RJF)

As of · Reported

Metric

TTM

16.9%

YoY change

+10.73pp

Trough year (2002)

8.7%

Peak year (2025)

28.7%

Operating Margin history chart for Raymond James Financial (RJF) from 1989 to 2025

Latest: 28.7%

Operating Margin change chart for Raymond James Financial (RJF) from 1989 to 2025

Latest: +10.73pp

Operating Margin history table for Raymond James Financial (RJF) from 1989 to 2025

  • 202528.7%+10.73pp
  • 202417.9%+0.17pp
  • 202317.8%-0.37pp
  • 202218.1%-0.19pp
  • 202118.3%+5.27pp
  • 202013.0%-4.30pp
  • 201917.3%-0.41pp
  • 201817.8%+3.40pp
  • 201714.3%-0.52pp
  • 201614.9%-0.78pp
  • 201515.6%+0.95pp
  • 201414.7%+1.55pp
  • 201313.1%+0.92pp
  • 201212.2%-1.48pp
  • 201113.7%+1.75pp
  • 201012.0%+2.87pp
  • 20099.1%-2.99pp
  • 200812.1%-0.54pp
  • 200712.6%-0.38pp
  • 200613.0%+1.50pp
  • 200511.5%+0.34pp
  • 200411.2%+1.92pp
  • 20039.2%+0.57pp
  • 20028.7%-0.76pp
  • 20019.4%-2.63pp
  • 200012.0%+0.89pp
  • 199911.2%-2.71pp
  • 199813.9%-3.43pp
  • 199717.3%+2.27pp
  • 199615.0%+1.60pp
  • 199513.4%+0.18pp
  • 199413.3%-4.50pp
  • 199317.8%-0.47pp
  • 199218.2%+3.01pp
  • 199115.2%+3.83pp
  • 199011.4%+2.32pp
  • 19899.1%—

Operating Margin values are taken from Raymond James Financial's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Raymond James Financial (RJF)

According to Raymond James Financial's latest reported financial statements, the company's latest reported operating margin is 16.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Raymond James Financial (RJF) reported operating margin of 28.66% – expanded 10.7 percentage points year-over-year.

Across the available history, operating margin reached its high of 28.66% in 2025 and its low of 8.67% in 2002.

Raymond James Financial Operating Margin by Year

Raymond James Financial Operating Margin 2025: 28.7%

Raymond James Financial posted operating margin of 28.66% in 2025, expanded 10.7 percentage points from 2024. This figure represents the highest annual value in the available history.

Raymond James Financial Operating Margin 2024: 17.9%

In 2024, Raymond James Financial reported operating margin of 17.93%, expanded 0.2 percentage points from 2023.

Raymond James Financial Operating Margin 2023: 17.8%

Raymond James Financial operating margin in 2023 was 17.76%, contracted 0.4 percentage points from 2022.

Raymond James Financial Operating Margin 2022: 18.1%

2022's operating margin for Raymond James Financial came in at 18.12%, contracted 0.2 percentage points from 2021.

Raymond James Financial Operating Margin 2021: 18.3%

Raymond James Financial operating margin in 2021 was 18.31%.

See more financial history for Raymond James Financial (RJF).

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