Raymond James Financial (RJF) FY2022 results: revenue $11.0 billion, up 12.7% on the year
Raymond James Financial Inc. (RJF) reported revenue of $11.0 billion for fiscal 2022, the year ended 30 September 2022, up 12.7% on the year before. Net income was $1.5 billion, up 7.6%, and diluted earnings per share $6.98. The figures are the company's own, from the 10-K it filed with the SEC on 22 November 2022.
Revenue
$11.0 billion
+12.7% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
$1.5 billion
+7.6% on the year
FY2015FY2022
Diluted EPS
$6.98
+5.3% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
72.0
6,647
4,073
-98.9%
Capital expenditure
91.0
74.0
124
+23.0%
Free cash flow
-19.0
6,573
3,949
Free cash flow margin
-0.2%
67.3%
49.4%
Cash from investing
-7,151
-5,140
-4,985
Cash from financing
5,879
5,232
4,574
+12.4%
Depreciation and amortisation
145
134
119
+8.2%
Share-based compensation
192
132
120
+45.5%
Buybacks
n/a
128
272
Dividends paid
277
218
205
+27.1%
Dividend per share
$1.36
$1.04
$0.99
+30.8%
Diluted shares, weighted
215m
211m
210m
+1.9%
Shares outstanding at period end
215m
206m
205m
+4.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
9,458
8,245
7,114
+14.7%
Non-controlling interest
-26.0
58.0
62.0
Deposits
51,357
32,495
26,801
+58.0%
Trading liabilities
836
176
240
+375.0%
Debt
1.0
8.0
n/a
-87.5%
Other liabilities
19,325
20,909
13,265
-7.6%
Total liabilities and equity
80,951
61,891
47,482
+30.8%
Fixed assets
503
499
535
+0.8%
Goodwill
1,422
660
466
+115.5%
Intangible assets
509
222
134
+129.3%
Securities held for sale or to maturity
9,885
8,315
7,650
+18.9%
Loans
43,239
24,994
21,195
+73.0%
Cash and equivalents
6,178
7,201
5,390
-14.2%
Other assets
19,215
20,000
12,112
-3.9%
Total assets
80,951
61,891
47,482
+30.8%
10-K for the year ended 30 September 2022, filed 22 November 2022: the filing.