Stocks Comparison
BlackRock vs Raymond James Financial: revenue, profit, margins and growth compared
BlackRock brought in $24.2B of revenue in fiscal 2025, Raymond James Financial $15.9B in fiscal 2025. Revenue changed by +18.7% at BlackRock and +6.6% at Raymond James Financial on the year before, so BlackRock grew faster. BlackRock kept 22.9% of its revenue as net profit, Raymond James Financial 13.4%. Free cash flow was $3.6B at BlackRock and $2.2B at Raymond James Financial.
Side by side, latest fiscal year
| BLK | RJF | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (September 30, 2025) |
| Revenue | $24.2B | $15.9B |
| Revenue growth | +18.7% | +6.6% |
| Net income | $5.6B | $2.1B |
| Net margin | 22.9% | 13.4% |
| Free cash flow | $3.6B | $2.2B |
| Free cash flow margin | 14.7% | 14.1% |
| Earnings per share (diluted) | $35.31 | $10.30 |
| Cash | $11.5B | $11.4B |
| Debt | $12.8B | n/a |
| Price to earnings | 30.8 | 15.5 |
| Market value | $168.2B | $30.8B |
| Dividend yield | 1.92% | 1.25% |
| Rank by revenue in sector | #25 of 444 · Finance | #40 of 444 · Finance |
Over the years
Questions about BlackRock and Raymond James Financial
Which is bigger by revenue, BlackRock or Raymond James Financial?
BlackRock is bigger by revenue: $24.2B in fiscal 2025, against $15.9B for Raymond James Financial in fiscal 2025.
Which keeps more of its revenue as profit, BlackRock or Raymond James Financial?
BlackRock had a net margin of 22.9% in fiscal 2025; Raymond James Financial had 13.4% in fiscal 2025.
Which grew revenue faster, BlackRock or Raymond James Financial?
In their latest fiscal years revenue changed by +18.7% at BlackRock and +6.6% at Raymond James Financial.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.