RJF (Raymond James Financial) Tax Rate %: 25.99% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RJF Raymond James Financial Inc RJF
83 GF Score
Price $168.36
GF Value $170.42
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Raymond James Financial Tax Rate %?

Raymond James Financial RJF -0.79% 83 Tax Rate % is 25.99% as of Mar. 2026. GuruFocus rates RJF with a GF Score™ of 83/100 and a GF Value™ of $170.42 (Fairly Valued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Raymond James Financial's Tax Expense for the three months ended in Mar. 2026 was $191 Mil. Raymond James Financial's Pre-Tax Income for the three months ended in Mar. 2026 was $735 Mil. Therefore, Raymond James Financial's Tax Rate % for the quarter that ended in Mar. 2026 was 25.99%.

Raymond James Financial Tax Rate % Related Terms

Raymond James Financial Tax Rate % Historical Data

* Premium members only.

The historical data trend for Raymond James Financial's Tax Rate % 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 Tax Rate % Chart

Raymond James Financial Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.66 25.37 23.73 21.76 21.33

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
Tax Rate % 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 26.23 22.56 17.37 22.66 25.99
RJF
83GF Score
Raymond James Financial Inc RJF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raymond James Financial Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Raymond James Financial's Tax Rate % for the fiscal year that ended in Sep. 2025 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2025 )/Pre-Tax Income (A: Sep. 2025 )
=579/2714
=21.33 %

Raymond James Financial's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=191/735
=25.99 %

* 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 Tax Rate % →
What does a Tax Rate % of 25.99% mean?
Raymond James Financial (RJF) has a Tax Rate % of 25.99% as of Mar. 2026.
Is Raymond James Financial's Tax Rate % too high?
Raymond James Financial's current Tax Rate % is 25.99%. Overall, Raymond James Financial has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Raymond James Financial's Tax Rate % compare to NTRS and ARES?
Raymond James Financial's Tax Rate % of 25.99% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Raymond James Financial's current Tax Rate % is 25.99%. 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 (RJF) is currently considered Fairly Valued. The stock's GF Value™ is $170.42, compared to a current price of $168.36 — trading 1.2% below its estimated fair value. The current Tax Rate % is 25.99%. Raymond James Financial's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Raymond James Financial (RJF), the current Tax Rate % is 25.99% 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 (RJF) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond James Financial stock appears to be undervalued. The current stock price of $168.36 is trading 1.2% below its estimated GF Value™ of $170.42. GuruFocus considers Raymond James Financial to be Fairly Valued.

Key valuation signals for RJF:

  • Tax Rate %: 25.99%
  • GF Value™: $170.42 vs. price of $168.36 (1.2% below fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the 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.
83GF Score

Get the complete analysis for RJF

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

$168.36
Price
$170.42
GF Value