Raymond James Financial (FRA:RJF) FCF Margin %: 27.77% (As of Mar. 2026) — 243% Above Median


FRA:RJF Raymond James Financial Inc FRA:RJF
80 GF Score
Price €135.80
GF Value €152.23
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Raymond James Financial FCF Margin %?

Raymond James Financial FRA:RJF -1.20% 80 FCF Margin % is 27.77% as of Mar. 2026, which is 243% above its 10-year median of 8.09. GuruFocus rates FRA:RJF with a GF Score™ of 80/100 and a GF Value™ of €152.23 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,461 Asset Management companies, Raymond James Financial ranks better than 52.16% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Raymond James Financial's Free Cash Flow for the three months ended in Mar. 2026 was €912 Mil. Raymond James Financial's Revenue for the three months ended in Mar. 2026 was €3,284 Mil. Therefore, Raymond James Financial's FCF Margin % for the quarter that ended in Mar. 2026 was 27.77%.

As of today, Raymond James Financial's current FCF Yield % is 8.13%.

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

FRA:RJF' s FCF Margin % Range Over the Past 10 Years
Min: -32.15   Med: 8.09   Max: 68.26
Current: 16.51


During the past 13 years, the highest FCF Margin % of Raymond James Financial was 68.26%. The lowest was -32.15%. And the median was 8.09%.

FRA:RJF's FCF Margin % is ranked better than
52.16% of 1461 companies
in the Asset Management industry
Industry Median: 14.62 vs FRA:RJF: 16.51


Raymond James Financial FCF Margin % Related Terms


Raymond James Financial FCF Margin % Historical Data

* Premium members only.

The historical data trend for Raymond James Financial's FCF 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.

Raymond James Financial FCF Margin % Chart

Raymond James Financial Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.26 -0.18 -32.15 15.43 16.23

Raymond James Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF 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 2.12 18.97 20.51 -1.53 27.77

FRA:RJF vs ARES, NTRS, TROW: FCF Margin % Comparison

For the Asset Management subindustry, Raymond James Financial's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Raymond James Financial's FCF Margin % distribution charts can be found below:

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


FRA:RJF
80GF Score
Raymond James Financial Inc FRA:RJF
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Raymond James Financial FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Raymond James Financial's FCF Margin for the fiscal year that ended in Sep. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=1913.592/11793.384
=16.23 %

Raymond James Financial's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=911.71/3283.54
=27.77 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 27.77% mean?
Raymond James Financial (FRA:RJF) has a FCF Margin % of 27.77% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Raymond James Financial and its competitors. This is 243% above median its historical median of 8.09. According to the industry distribution chart, Raymond James Financial ranks #699 out of 1461 companies in the Asset Management industry, placing it in the top 47.8%.
Is Raymond James Financial's FCF Margin % too high?
Raymond James Financial's current FCF Margin % of 27.77% is 243% above median its 10-year median of 8.09. The Asset Management industry median FCF Margin % is 14.62. Raymond James Financial's value of 27.77% is 89.9% above this industry median. Based on the distribution chart, Raymond James Financial ranks #699 out of 1461 companies in the Asset Management industry, which is above the industry midpoint. Overall, Raymond James Financial has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Raymond James Financial's FCF Margin % compare to ARES and NTRS?
According to the Asset Management industry distribution chart, Raymond James Financial ranks #699 out of 1461 companies for FCF Margin %. This puts Raymond James Financial in the upper half of its industry. The industry median FCF Margin % is 14.62. Raymond James Financial's value of 27.77% is 89.9% above this benchmark. While the company's 10-year median is 8.09 vs. the industry median of 14.62, Raymond James Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.62, based on 1,461 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Raymond James Financial's current FCF Margin % of 27.77% is 89.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Raymond James Financial and its competitors. For the Asset Management industry, the median FCF Margin % is 14.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond James Financial's current FCF Margin % is 27.77%, which is 243% above median its own 10-year median of 8.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond James Financial stock overvalued right now?
Based on GuruFocus' analysis, Raymond James Financial (FRA:RJF) is currently considered Modestly Undervalued. The stock's GF Value™ is €152.23, compared to a current price of €135.80 — trading 10.8% below its estimated fair value. The current FCF Margin % is 27.77%, which is 243% above median its 10-year median of 8.09 and 89.9% above the Asset Management industry median of 14.62. Raymond James Financial's overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Raymond James Financial (FRA:RJF), the current FCF Margin % is 27.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Raymond James Financial (FRA:RJF) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond James Financial stock appears to be undervalued. The current stock price of €135.80 is trading 10.8% below its estimated GF Value™ of €152.23. GuruFocus considers Raymond James Financial to be Modestly Undervalued.

Key valuation signals for FRA:RJF:

  • FCF Margin %: 27.77% (243% above median its 10-year median of 8.09)
  • GF Value™: €152.23 vs. price of €135.80 (10.8% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 89.9% above the Asset Management median (#699 of 1461)

No single metric tells the full story. See the FRA:RJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raymond James Financial Business Description

Address 880 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities. The firm maintains an extensive catalogue of products and services across its business lines. However, the wealth management franchise generates the bulk of its revenues and earnings through a vast network of more than 8,900 independent and employee-affiliated advisors, who collectively managed over $1.7 trillion in client assets as of fiscal year-end 2025. While Raymond James maintains a global footprint, the company derives over 90% of its revenue and an even larger percentage of its operating income, from the United States.
80GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€135.80
Price
€152.23
GF Value