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RJF (Raymond James Financial) Financial Strength : 5 (As of Mar. 2025)


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What is Raymond James Financial Financial Strength?

Raymond James Financial has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Raymond James Financial's interest coverage with the available data. Raymond James Financial's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.22. Altman Z-Score does not apply to banks and insurance companies.


Raymond James Financial Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Raymond James Financial's Interest Expense for the months ended in Mar. 2025 was $-442 Mil. Its Operating Income for the months ended in Mar. 2025 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $2,889 Mil.

Raymond James Financial's Interest Coverage for the quarter that ended in Mar. 2025 is

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Raymond James Financial Inc has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

Raymond James Financial's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 2889) / 13396
=0.22

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Raymond James Financial has the Financial Strength Rank of 5.


Raymond James Financial Financial Strength Related Terms

Thank you for viewing the detailed overview of Raymond James Financial's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


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 $1.5 trillion of assets under administration as of September 2024. Approximately 90% of the company's revenue is from the US and 70% is from the company's wealth-management segment.
Executives
James E Bunn officer: Co-Pres-GlobEq&Inv Banking-RJA 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Jonathan N Santelli officer: EVP, Gen Counsel, Secy 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Tashtego S Elwyn officer: President - RJA 880 CARILLON PARKWAY, ST PETERSBURG FL 33716
Horace Carter officer: President, Fixed Income 1100 RIDGEWAY LOOP ROAD, MEMPHIS TN 38120
Bella Loykhter Allaire officer: Executive Vice President-RJA 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
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
Art A Garcia director 11690 N.W. 105TH STREET, MIAMI FL 33178
Jeffrey A Dowdle officer: President, AMS - RJA 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
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
Christopher S Aisenbrey officer: Chief Human Resources Officer 880 CARILLON PARKWAY, SAINT PETERSBURG FL 33716
Coulter James Robert Edward officer: Director & CEO, RJ Ltd. 40 KING STREET W, SUITE 5400, TORONTO A6 M5H 3Y2