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Charles Schwab Corporation

SCHW

The Charles Schwab Corporation is a leading financial services holding company that provides a comprehensive suite of wealth management, securities brokerage, banking, asset management, and financial advisory services.

Market cap
$177.27B+6.7%
Revenue$24.8B+21.2%
Net income$9.4B+45.2%
Free cash flow$16.9B-49.0%
EPS (diluted)$5.03+52.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 21, 2026 (In 1 week)
Revenue estimate$6.8B
EPS estimate$1.50

Financials

Q1 2026

Income statement

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Revenue$6.5B+15.8%
Net income$2.5B+29.9%
EPS (diluted)$1.37+38.4%

Balance sheet

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Cash & equivalents$73.3B+18.2%
Total debt$20.5B-30.2%
Total equity$49.2B-0.6%
Total assets$493.32B+6.6%

Cash flow

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Operating cash flow$7.3B+15.5%
CapEx$140.0M+19.7%
Free cash flow$7.2B+15.4%

Valuation & ratios

Valuation

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Market cap$177.27B+6.7%
Enterprise value$124.51B-11.8%
P/E18.8×-4.0×
P/S7.2×-0.5×

Profitability

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Net margin38%+6.3pp

Returns & leverage

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Return on equity19.1%+5.0pp
Debt / equity0.4×-0.2×

Segments

By product

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Mutual funds, ETFs, CTFs, and alternatives$991.0M+12.9%
Managed investing solutions$674.0M+18.5%
Order flow revenue$560.0M+26.4%
Commissions$489.0M+13.5%
Bank deposit account fees$295.0M+20.4%

By segment

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Investor Services$5.1B+14.2%
Advisor Services$1.4B+21.8%

Competitors

Profile

The Charles Schwab Corporation is a leading financial services holding company that provides a comprehensive suite of wealth management, securities brokerage, banking, asset management, and financial advisory services. The company operates through a client-centric strategy, leveraging its significant scale to offer low-cost investment solutions and integrated technology platforms to both individual investors and independent financial advisors.

Competitive position

A leading market participant characterized by massive scale, operating efficiency, and a disruptive low-cost model that integrates brokerage and banking.

GeographiesUnited States, United Kingdom, Hong Kong, Singapore, China
Customer segmentsRetail investors, High-net-worth individuals, Registered Investment Advisors, Corporate enterprises
Business modelBrokerage and trading commissions, Net interest margin, Asset-based management fees, Banking and trust services
SuppliersFederal Reserve liquidity, Third-party technology and data providers, Exchanges and market makers, Regulatory oversight bodies
CustomersRetail brokerage clients, Independent RIA firms, 401(k) plan participants, Corporate equity plan participants
Listed1987
Employees33.0K
CEORichard Andrew Wurster
FilingsSEC EDGAR

Questions, answered.

What is Charles Schwab Corporation's market cap?
Charles Schwab Corporation (SCHW) has a market capitalization of $177.27B and trades on NYSE.
What is Charles Schwab Corporation's revenue and profitability?
Charles Schwab Corporation generated $24.8B in trailing twelve-month revenue with net income of $9.4B, representing a net margin of 38.0%, with free cash flow of $16.9B. These figures are based on the Q1 2026 filing.
Who are Charles Schwab Corporation's competitors?
Charles Schwab Corporation's key competitors include Morgan Stanley, JPMorgan Chase & Co., Interactive Brokers, and others. These companies compete in similar markets and product categories.
Who does Charles Schwab Corporation partner with?
Charles Schwab Corporation's notable partners include TD Bank, Forge Global Holdings, Inc..
What subsidiaries does Charles Schwab Corporation have?
Charles Schwab Corporation's subsidiaries include Charles Schwab & Co., Inc., Charles Schwab Bank, SSB, Charles Schwab Investment Management, Inc., and others.
Where is Charles Schwab Corporation headquartered?
Charles Schwab Corporation is headquartered in United States of America and employs approximately 33,000 people. It has been publicly traded since 1987.