Stocks Comparison
Morgan Stanley vs Raymond James Financial: revenue, profit, margins and growth compared
Morgan Stanley brought in $70.6B of revenue in fiscal 2025, Raymond James Financial $15.9B in fiscal 2025. Revenue changed by +14.4% at Morgan Stanley and +6.6% at Raymond James Financial on the year before, so Morgan Stanley grew faster. Morgan Stanley kept 23.9% of its revenue as net profit, Raymond James Financial 13.4%.
Side by side, latest fiscal year
| MS | RJF | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (September 30, 2025) |
| Revenue | $70.6B | $15.9B |
| Revenue growth | +14.4% | +6.6% |
| Net income | $16.9B | $2.1B |
| Net margin | 23.9% | 13.4% |
| Free cash flow | n/a | $2.2B |
| Free cash flow margin | n/a | 14.1% |
| Earnings per share (diluted) | $10.21 | $10.30 |
| Cash | $111.7B | $11.4B |
| Debt | $341.7B | n/a |
| Price to earnings | 19.2 | 15.5 |
| Market value | $308.3B | $30.8B |
| Dividend yield | 1.96% | 1.25% |
| Rank by revenue in sector | #9 of 444 · Finance | #40 of 444 · Finance |
Over the years
Questions about Morgan Stanley and Raymond James Financial
Which is bigger by revenue, Morgan Stanley or Raymond James Financial?
Morgan Stanley is bigger by revenue: $70.6B in fiscal 2025, against $15.9B for Raymond James Financial in fiscal 2025.
Which keeps more of its revenue as profit, Morgan Stanley or Raymond James Financial?
Morgan Stanley had a net margin of 23.9% in fiscal 2025; Raymond James Financial had 13.4% in fiscal 2025.
Which grew revenue faster, Morgan Stanley or Raymond James Financial?
In their latest fiscal years revenue changed by +14.4% at Morgan Stanley 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.