Raymond James Financial, Inc. (FRA:RJF)

Raymond James Financial Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	2,135	2,068	1,739	1,509	1,403
Depreciation & Amortization, Total	109	102	96	83	72
Gain (Loss) On Sale of Investments	-19	-36	-49	23	15
Stock-Based Compensation	254	254	237	192	132
Change in Accounts Receivable	-106	-362	257	-203	-420
Change in Accounts Payable	7	91	-6,088	-4,213	7,306
Change in Other Net Operating Assets	194	275	58	2,268	-1,875
Other Operating Activities	-146	-294	-174	207	-23
Operating Cash Flow	2,434	2,155	-3,514	72	6,647
Capital Expenditures	-188	-205	-173	-91	-74
Cash Acquisitions	-	-	-	1,461	-266
Investment in Securities	1,379	1,485	576	-1,281	-1,041
Other Investing Activities	-46	-64	-95	-218	-19
Investing Cash Flow	-4,321	-968	-274	-7,151	-5,140
Long-Term Debt Issued	2,230	1,300	3,200	1,025	737
Total Debt Issued	2,230	1,300	3,200	1,025	737
Long-Term Debt Repaid	-1,098	-1,350	-3,391	-967	-875
Total Debt Repaid	-1,098	-1,350	-3,391	-967	-875
Net Debt Issued (Repaid)	1,132	-50	-191	58	-138
Issuance of Common Stock	31	46	46	52	53
Repurchase of Common Stock	-1,267	-984	-862	-216	-150
Dividends Paid	-416	-383	-355	-277	-218
Other Financing Activities	2,881	1,809	2,840	6,262	5,685
Financing Cash Flow	2,361	438	1,438	5,879	5,232
Foreign Exchange Rate Adjustments	-35	175	239	-590	76
Net Cash Flow	439	1,800	-2,111	-1,790	6,815
Free Cash Flow	2,246	1,950	-3,687	-19	6,573
Free Cash Flow Growth	15.18%	-	-	-	66.45%
Free Cash Flow Margin	16.03%	15.24%	-32.03%	-0.18%	66.98%
Free Cash Flow Per Share	10.87	9.19	-17.00	-0.09	31.12
Cash Interest Paid	1,853	2,119	1,310	323	145
Cash Income Tax Paid	651	664	565	524	437

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.