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Raymond James Financial RJF Capital Markets — Interest Expense

Discontinued — last reported Q2 '24

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Other financials

Income statement

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Revenue$3.9B+13.4%
Net income$544.0M+9.9%
EPS (diluted)$2.72+15.3%

Balance sheet

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Cash & equivalents$15.0B+14.3%
Total debt$552.0M+2.8%
Total equity$12.6B+2.9%
Total assets$91.9B+10.6%

Cash flow

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Operating cash flow$1.1B+839%
CapEx$45.0M-2.2%
Free cash flow$1.1B+1,385%

Valuation

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Market cap$30.37B+0.3%
Enterprise value$15.96B-11.2%
P/E14.2×+0.3×
P/S2.1×-0.2×

Profitability

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Net margin14.6%-1.5pp
FCF margin16.2%+1.7pp

Returns & leverage

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Return on equity17.3%-1.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Raymond James Financial in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The official record: Raymond James Financial’s 10-Q, filed May 7, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Raymond James Financial's capital markets — interest expense?
Raymond James Financial (RJF) reported capital markets — interest expense of $24M in Q1 2024.
How has Raymond James Financial's capital markets — interest expense changed year-over-year?
Raymond James Financial's capital markets — interest expense increased by 20.0% year-over-year, from $20M to $24M.
What is the long-term trend for Raymond James Financial's capital markets — interest expense?
Over 2 years (2021 to 2023), Raymond James Financial's capital markets — interest expense has grown at a 191.5% compound annual growth rate (CAGR), from $10M to $85M.
What does capital markets — interest expense mean?
The cost of interest paid on debt used to fund capital markets business activities.
How do you interpret capital markets — interest expense?
An increase suggests higher borrowing costs or increased leverage, while a decrease indicates lower debt levels or improved interest rate environments.
How does capital markets — interest expense compare across companies?
Interest expense reported by financial segments that utilize leverage for trading or lending.