LPL Financial Holdings Inc. (LPLA)
Similar size · 0.84x market cap
Capital markets & wealth management
No Charged Alpha episode is linked for this listing yet.
RJF · NYSE
Raymond James Financial
Asset Management · United States
USD 161.740.6% daily changeQuote 2026-10-06 · USD
- Market cap (USD)
- US$31.07B
- Trailing P/E
- 14.10x
- Forward P/E
- 11.36x
- Quarterly revenue growth
- 15.1%
- Trailing net margin
- 15.1%
- Indicated dividend yield
- 1.3%
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-28 (provider estimate, not issuer-confirmed).
Company background
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory; and fixed income and equity brokerage services. This segment also offers institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. The Asset Management segment provides asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Bank segment offers various types of loans, including securities-based, corporate, commercial and industrial, commercial real estate and construction, real estate investment trust, residential mortgage, and tax-exempt loans; Federal Deposit Insurance Corporation-insured deposit accounts; retail and corporate deposit; and liquidity management products and services. The Other segment engages in the private equity investments comprising investments in third-party funds. The company offers corporate, retail banking and trust services. Raymond James Financial, Inc. was founded in 1962 and is headquartered in Saint Petersburg, Florida.
Company websiteQ2 FY2026
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Comparable businesses
RJF peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | RJFRaymond James Financial, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | LPLALPL Financial Holdings Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | IBKRInteractive Brokers Group, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$31.07B | US$26.21B | US$153.31B |
| Forward P/EProvider forward earnings estimate | 11.36x | 11.11x | 27.83x |
| EV / EBITDAEnterprise value / trailing EBITDA | — | — | — |
| Revenue growthLatest quarter vs prior-year quarter | 15.1% | 36.4% | 26.3% |
| Operating marginLatest reported quarter | 19.3% | 11.1% | 76.5% |
| Free cash flow yieldTrailing cash flow / market cap | — | — | — |
| Net debt / EBITDANet debt / trailing EBITDA | — | — | — |
| Debt / equityTotal debt / positive book equity | 0.48x | 1.35x | 2.06x |
| Trailing P/ETrailing twelve-month earnings | 14.10x | 26.48x | 35.71x |
| Price / bookPrice / positive book equity per share | 2.45x | 4.58x | 6.87x |
| EV / salesEnterprise value / trailing revenue | 1.38x | 1.62x | — |
| Earnings growthLatest quarter vs prior-year quarter | 42.0% | 39.4% | 35.3% |
| Gross marginTrailing twelve months | 93.2% | 29.9% | 93.0% |
| Net marginTrailing twelve months | 15.1% | 5.2% | 16.5% |
| Return on equityProvider trailing return; positive equity only | 18.4% | 18.6% | 24.0% |
| Free cash flow marginTrailing free cash flow / revenue | — | — | — |
| Dividend yieldIndicated annual dividend / price | 1.3% | 0.4% | 0.4% |
| Earnings payoutProvider trailing dividend payout | 18.5% | 9.6% | 13.0% |
| Current ratioCurrent assets / current liabilities | 2.11x | 2.35x | 1.09x |
| BetaProvider historical market sensitivity | 0.95 | 0.54 | 1.37 |
Interactive Brokers Group, Inc. (IBKR)
Larger industry benchmark · 4.93x market cap
Capital markets & wealth management
YouTube · Q1 2026 · 2026-04-22
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for RJF
Q2 FY20262026-04-23
RJF Stock: Guidance Raised — Q2 FY2026 Earnings Analysis
Presentation · 2026-04-23 · YouTube