Raymond James Financial Inc. (RJF) — Tangible Net Worth Ratio

Latest as of December 2025: 85.4%

Raymond James Financial Inc. (RJF) has a Tangible Net Worth Ratio of 85.4% as of December 2025. This metric is calculated by deducting intangible assets ($1.84 Billion) from net assets ($12.57 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is Raymond James Financial Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

85.4%
Tangible equity / total equity

Net Assets (Equity)

$12.57 Billion
USD

Intangible Assets

$1.84 Billion
Goodwill, patents, brand value

Total Assets

$88.76 Billion
USD

Raymond James Financial Inc. Tangible Net Worth Ratio (1989–2025)

This chart shows how Raymond James Financial Inc.'s Tangible Net Worth Ratio has changed across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 85.4%, reflecting net assets of $12.57 Billion with intangible assets of $1.84 Billion USD. See Raymond James Financial Inc. liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Raymond James Financial Inc. (1989–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Raymond James Financial Inc. from 1989 to 2025, covering 37 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Raymond James Financial Inc. stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 96.8% $12.50 Billion $396.00 Million $88.23 Billion ▲ +0.6 pp
2024 96.3% $11.67 Billion $435.00 Million $82.99 Billion ▲ +0.9 pp
2023 95.4% $10.19 Billion $470.00 Million $78.36 Billion ▲ +0.8 pp
2022 94.6% $9.43 Billion $509.00 Million $80.95 Billion ▼ -2.7 pp
2021 97.3% $8.30 Billion $222.00 Million $61.89 Billion ▼ -0.8 pp
2020 98.1% $7.18 Billion $134.00 Million $47.48 Billion ▲ +0.3 pp
2019 97.8% $6.64 Billion $147.00 Million $38.83 Billion ▲ +0.3 pp
2018 97.5% $6.45 Billion $160.85 Million $37.41 Billion ▼ -1.0 pp
2017 98.6% $5.69 Billion $82.46 Million $34.88 Billion ▲ +0.4 pp
2016 98.1% $5.06 Billion $94.97 Million $31.49 Billion ▼ -0.4 pp
2015 98.6% $4.85 Billion $69.33 Million $26.53 Billion ▼ -0.1 pp
2014 98.7% $4.43 Billion $58.77 Million $23.33 Billion ▲ +0.3 pp
2013 98.3% $4.00 Billion $65.98 Million $23.19 Billion ▲ +0.0 pp
2012 98.3% $3.64 Billion $61.13 Million $21.16 Billion ▲ +0.8 pp
2011 97.5% $2.91 Billion $71.92 Million $18.01 Billion ▼ -0.1 pp
2010 97.6% $2.60 Billion $62.58 Million $17.72 Billion ▲ +0.4 pp
2009 97.2% $2.23 Billion $62.58 Million $18.07 Billion ▲ +0.1 pp
2008 97.1% $2.12 Billion $62.55 Million $20.62 Billion ▲ +0.2 pp
2007 96.9% $1.99 Billion $62.58 Million $16.15 Billion ▲ +0.7 pp
2006 96.1% $1.62 Billion $62.58 Million $11.42 Billion ▲ +0.8 pp
2005 95.3% $1.33 Billion $62.58 Million $8.28 Billion ▲ +1.1 pp
2004 94.2% $1.09 Billion $62.58 Million $7.55 Billion ▲ +1.0 pp
2003 93.2% $924.74 Million $62.58 Million $6.91 Billion ▼ -7451.9 pp
2002 7545.2% $839.64 Million $-62.51 Billion $6.04 Billion ▲ +7453.6 pp
2001 91.6% $770.88 Million $64.82 Million $6.37 Billion ▼ -3.4 pp
2000 95.0% $650.52 Million $32.45 Million $6.31 Billion ▲ +242.4 pp
1999 -147.4% $558.50 Million $1.38 Billion $5.03 Billion ▼ -247.4 pp
1998 100.0% $509.90 Million $0.00 $3.85 Billion ▲ +0.0 pp
1997 100.0% $423.30 Million $0.00 $3.28 Billion ▲ +0.0 pp
1996 100.0% $326.60 Million $0.00 $2.57 Billion ▲ +0.0 pp
1995 100.0% $266.20 Million $0.00 $2.01 Billion ▲ +0.0 pp
1994 100.0% $227.50 Million $0.00 $1.70 Billion ▲ +0.0 pp
1993 100.0% $205.60 Million $0.00 $1.45 Billion ▲ +0.0 pp
1992 100.0% $160.90 Million $0.00 $806.20 Million ▲ +0.0 pp
1991 100.0% $122.10 Million $0.00 $1.06 Billion ▲ +17.0 pp
1990 83.0% $96.80 Million $16.50 Million $948.00 Million ▼ -8.9 pp
1989 91.9% $71.60 Million $5.80 Million $830.00 Million
pp = percentage points