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Raymond James Financial (Raymond James Financial) Pretax Margin % : 21.19% (As of Dec. 2023)


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What is Raymond James Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Raymond James Financial's Pre-Tax Income for the three months ended in Dec. 2023 was $630 Mil. Raymond James Financial's Revenue for the three months ended in Dec. 2023 was $2,973 Mil. Therefore, Raymond James Financial's pretax margin for the quarter that ended in Dec. 2023 was 21.19%.

The historical rank and industry rank for Raymond James Financial's Pretax Margin % or its related term are showing as below:

RJF' s Pretax Margin % Range Over the Past 10 Years
Min: 13.34   Med: 16.98   Max: 19.88
Current: 19.37


RJF's Pretax Margin % is ranked better than
51.87% of 777 companies
in the Capital Markets industry
Industry Median: 18.06 vs RJF: 19.37

Raymond James Financial Pretax Margin % Historical Data

The historical data trend for Raymond James Financial's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Raymond James Financial Pretax Margin % Chart

Raymond James Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.98 13.34 18.60 18.63 19.88

Raymond James Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.63 16.95 19.42 21.19 19.81

Competitive Comparison of Raymond James Financial's Pretax Margin %

For the Capital Markets subindustry, Raymond James Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Raymond James Financial's Pretax Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Raymond James Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Raymond James Financial's Pretax Margin % falls into.



Raymond James Financial Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Raymond James Financial's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=2280/11468
=19.88 %

Raymond James Financial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=630/2973
=21.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Raymond James Financial  (NYSE:RJF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Raymond James Financial Pretax Margin % Related Terms

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Raymond James Financial (Raymond James Financial) Business Description

Traded in Other Exchanges
Address
880 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company supports more than 8,000 employee and independent contractor financial advisors across the United States, Canada, and the United Kingdom with over $1.2 trillion of assets under administration as of September 2023. Approximately 90% of the company's revenue is from the U.S. and 70% is from the company's wealth-management segment.
Executives
Steven M Raney officer: President & CEO RJBank 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Paul C Reilly director 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Jeffrey A Dowdle officer: President, AMS - RJA 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Horace Carter officer: President, Fixed Income 1100 RIDGEWAY LOOP ROAD, MEMPHIS TN 38120
Art A Garcia director 11690 N.W. 105TH STREET, MIAMI FL 33178
Raymond W Mcdaniel director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Jodi Perry officer: President, ICD for RJFS 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
George Catanese officer: Executive Vice President 880 CARILLON PARKWAY, ST. PETERSBURG X1 33716
Thomas A James director, 10 percent owner, officer: Chairman/CEO 880 CARILLON PARKWAY, ST. PETERSBURG FL 33772
James E Bunn officer: Co-Pres-GlobEq&Inv Banking-RJA 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Christopher S Aisenbrey officer: Chief Human Resources Officer 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Bella Loykhter Allaire officer: Executive Vice President-RJA 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Coulter James Robert Edward officer: Director & CEO, RJ Ltd. 40 KING STREET W, SUITE 5400, TORONTO A6 M5H 3Y2
Jonathan N Santelli officer: EVP, Gen Counsel, Secy 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Scott A Curtis officer: President - RJFS 880 CARILLON PARKWAY, ST PETERSBURG FL 33716