Annual Income Statements for Charles Schwab
This table shows Charles Schwab's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Charles Schwab
This table shows Charles Schwab's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
1,821 |
1,533 |
1,173 |
1,017 |
926 |
1,251 |
1,211 |
1,299 |
1,717 |
1,796 |
1,977 |
| Consolidated Net Income / (Loss) |
|
1,968 |
1,603 |
1,294 |
1,125 |
1,045 |
1,362 |
1,332 |
1,408 |
1,840 |
1,909 |
2,126 |
| Net Income / (Loss) Continuing Operations |
|
1,968 |
1,603 |
1,294 |
1,125 |
1,045 |
1,362 |
1,332 |
1,408 |
1,840 |
1,909 |
2,126 |
| Total Pre-Tax Income |
|
2,598 |
2,110 |
1,691 |
1,383 |
1,194 |
1,798 |
1,747 |
1,842 |
2,305 |
2,455 |
2,803 |
| Total Revenue |
|
5,497 |
5,116 |
4,656 |
4,606 |
4,459 |
4,740 |
4,690 |
4,847 |
5,329 |
5,599 |
5,851 |
| Net Interest Income / (Expense) |
|
3,029 |
2,770 |
2,290 |
2,237 |
2,130 |
2,233 |
2,158 |
2,222 |
2,531 |
2,706 |
2,822 |
| Total Interest Income |
|
3,841 |
4,016 |
4,104 |
4,028 |
-2,721 |
2,233 |
2,158 |
3,928 |
3,851 |
3,757 |
3,787 |
| Investment Securities Interest Income |
|
3,841 |
4,016 |
4,104 |
4,028 |
3,963 |
3,941 |
3,817 |
3,928 |
3,851 |
3,757 |
3,787 |
| Total Interest Expense |
|
812 |
1,246 |
1,814 |
1,791 |
-4,851 |
0.00 |
0.00 |
1,706 |
1,320 |
1,051 |
965 |
| Long-Term Debt Interest Expense |
|
812 |
1,246 |
1,814 |
1,791 |
- |
- |
- |
1,706 |
1,320 |
1,051 |
965 |
| Total Non-Interest Income |
|
2,468 |
2,346 |
2,366 |
2,369 |
2,329 |
2,507 |
2,532 |
2,625 |
2,798 |
2,893 |
3,029 |
| Other Non-Interest Income |
|
2,468 |
2,346 |
2,366 |
2,369 |
2,329 |
2,507 |
2,532 |
2,625 |
2,798 |
2,893 |
3,029 |
| Total Non-Interest Expense |
|
2,899 |
3,006 |
2,965 |
3,223 |
3,265 |
2,942 |
2,943 |
3,005 |
3,024 |
3,144 |
3,048 |
| Salaries and Employee Benefits |
|
1,488 |
1,638 |
1,498 |
1,770 |
1,409 |
1,538 |
1,450 |
1,522 |
1,533 |
1,672 |
1,536 |
| Net Occupancy & Equipment Expense |
|
320 |
299 |
319 |
305 |
331 |
265 |
248 |
271 |
276 |
274 |
270 |
| Marketing Expense |
|
123 |
88 |
103 |
102 |
104 |
88 |
107 |
101 |
101 |
96 |
108 |
| Other Operating Expenses |
|
656 |
669 |
720 |
713 |
1,053 |
693 |
776 |
750 |
760 |
755 |
791 |
| Depreciation Expense |
|
176 |
177 |
191 |
198 |
238 |
228 |
233 |
231 |
224 |
217 |
215 |
| Amortization Expense |
|
136 |
135 |
134 |
135 |
130 |
130 |
129 |
130 |
130 |
130 |
128 |
| Income Tax Expense |
|
630 |
507 |
397 |
258 |
149 |
436 |
415 |
434 |
465 |
546 |
677 |
| Preferred Stock Dividends Declared |
|
147 |
70 |
121 |
108 |
119 |
111 |
121 |
109 |
123 |
113 |
149 |
| Basic Earnings per Share |
|
$0.98 |
$0.84 |
$0.64 |
$0.56 |
$0.51 |
$0.69 |
$0.66 |
$0.71 |
$0.94 |
$0.99 |
$1.09 |
| Weighted Average Basic Shares Outstanding |
|
1.89B |
1.83B |
1.82B |
1.82B |
1.82B |
1.83B |
1.83B |
1.83B |
1.83B |
1.82B |
1.82B |
| Diluted Earnings per Share |
|
$0.97 |
$0.83 |
$0.64 |
$0.56 |
$0.51 |
$0.68 |
$0.66 |
$0.71 |
$0.94 |
$0.99 |
$1.08 |
| Weighted Average Diluted Shares Outstanding |
|
1.89B |
1.84B |
1.83B |
1.83B |
1.83B |
1.83B |
1.83B |
1.83B |
1.83B |
1.82B |
1.82B |
| Weighted Average Basic & Diluted Shares Outstanding |
|
1.84B |
1.82B |
1.82B |
1.82B |
1.82B |
1.83B |
1.83B |
1.83B |
1.81B |
1.82B |
1.82B |
Annual Cash Flow Statements for Charles Schwab
This table details how cash moves in and out of Charles Schwab's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Net Change in Cash & Equivalents |
|
3,635 |
615 |
-209 |
1,287 |
19,067 |
7,350 |
24,983 |
22,778 |
-34,618 |
15,753 |
-8,959 |
| Net Cash From Operating Activities |
|
2,348 |
1,246 |
3,603 |
-839 |
12,456 |
9,325 |
6,852 |
2,118 |
2,057 |
19,587 |
2,670 |
| Net Cash From Continuing Operating Activities |
|
2,348 |
1,246 |
3,603 |
-839 |
12,456 |
9,325 |
6,852 |
2,118 |
2,057 |
19,587 |
2,670 |
| Net Income / (Loss) Continuing Operations |
|
1,321 |
1,447 |
1,889 |
2,354 |
3,507 |
3,704 |
3,299 |
5,855 |
7,183 |
5,067 |
5,942 |
| Consolidated Net Income / (Loss) |
|
1,321 |
1,447 |
1,889 |
2,354 |
3,507 |
3,704 |
3,299 |
5,855 |
7,183 |
5,067 |
5,942 |
| Depreciation Expense |
|
199 |
224 |
234 |
269 |
277 |
322 |
414 |
549 |
652 |
804 |
916 |
| Amortization Expense |
|
125 |
162 |
266 |
342 |
379 |
473 |
1,776 |
2,961 |
1,971 |
1,364 |
1,325 |
| Non-Cash Adjustments to Reconcile Net Income |
|
84 |
124 |
160 |
262 |
334 |
384 |
415 |
679 |
838 |
544 |
698 |
| Changes in Operating Assets and Liabilities, net |
|
623 |
-700 |
1,054 |
-4,066 |
7,959 |
4,442 |
948 |
-7,926 |
-8,587 |
11,808 |
-6,211 |
| Net Cash From Investing Activities |
|
-8,395 |
-28,623 |
-38,775 |
-20,473 |
-40,555 |
11,964 |
-125,851 |
-75,663 |
32,048 |
57,411 |
35,431 |
| Net Cash From Continuing Investing Activities |
|
-8,395 |
-28,623 |
-38,775 |
-20,473 |
-40,555 |
11,964 |
-125,851 |
-75,663 |
32,048 |
57,307 |
35,431 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-400 |
-266 |
-346 |
-400 |
-570 |
-708 |
-631 |
-916 |
-971 |
-804 |
-620 |
| Purchase of Investment Securities |
|
-23,081 |
-41,669 |
-61,704 |
-49,518 |
-73,959 |
-53,069 |
-208,048 |
-182,965 |
-57,557 |
-3,765 |
-9,179 |
| Sale and/or Maturity of Investments |
|
15,086 |
13,312 |
23,275 |
29,445 |
34,070 |
65,741 |
68,080 |
108,218 |
90,576 |
61,876 |
45,230 |
| Net Cash From Financing Activities |
|
9,682 |
27,992 |
34,963 |
22,599 |
47,166 |
-13,939 |
143,982 |
96,323 |
-68,723 |
-61,245 |
-47,060 |
| Net Cash From Continuing Financing Activities |
|
9,682 |
27,992 |
34,963 |
22,599 |
47,166 |
-13,939 |
143,982 |
96,323 |
-68,723 |
-61,245 |
-47,060 |
| Net Change in Deposits |
|
9,843 |
26,687 |
33,952 |
6,186 |
61,767 |
-11,329 |
137,928 |
85,756 |
-77,054 |
-76,771 |
-30,832 |
| Issuance of Debt |
|
0.00 |
1,346 |
0.00 |
17,129 |
3,024 |
1,993 |
4,304 |
18,143 |
36,366 |
72,297 |
50,018 |
| Issuance of Preferred Equity |
|
0.00 |
581 |
1,316 |
492 |
0.00 |
0.00 |
4,940 |
2,806 |
740 |
0.00 |
0.00 |
| Repayment of Debt |
|
-6.00 |
-357 |
-7.00 |
-257 |
-15,963 |
-1,400 |
-1,934 |
-8,077 |
-22,240 |
-51,135 |
-63,954 |
| Repurchase of Preferred Equity |
|
- |
0.00 |
0.00 |
-485 |
- |
0.00 |
0.00 |
-600 |
-1,000 |
-467 |
0.00 |
| Repurchase of Common Equity |
|
- |
- |
0.00 |
0.00 |
-1,000 |
-2,220 |
0.00 |
0.00 |
-3,395 |
-2,842 |
0.00 |
| Payment of Dividends |
|
-373 |
-387 |
-486 |
-592 |
-787 |
-1,060 |
-1,280 |
-1,822 |
-2,110 |
-2,276 |
-2,275 |
| Other Financing Activities, Net |
|
218 |
122 |
188 |
126 |
125 |
77 |
24 |
117 |
-30 |
-51 |
-17 |
| Cash Interest Paid |
|
103 |
121 |
160 |
327 |
798 |
1,075 |
434 |
501 |
1,355 |
5,623 |
6,655 |
| Cash Income Taxes Paid |
|
778 |
810 |
991 |
1,212 |
927 |
1,199 |
803 |
2,053 |
2,130 |
1,620 |
1,491 |
Quarterly Cash Flow Statements for Charles Schwab
This table details how cash moves in and out of Charles Schwab's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
| Net Change in Cash & Equivalents |
|
-6,526 |
10,710 |
-10,323 |
-14,200 |
29,566 |
-16,800 |
-10,558 |
19,888 |
-1,489 |
-3,533 |
-6,412 |
| Net Cash From Operating Activities |
|
-2,107 |
9,777 |
-5,216 |
-5,011 |
20,037 |
-1,349 |
-4,252 |
19,098 |
-10,827 |
6,359 |
3,177 |
| Net Cash From Continuing Operating Activities |
|
-2,107 |
9,777 |
-5,216 |
-5,011 |
20,037 |
-1,349 |
-4,252 |
19,098 |
-10,827 |
6,359 |
3,177 |
| Net Income / (Loss) Continuing Operations |
|
1,968 |
1,603 |
1,294 |
1,125 |
1,045 |
1,362 |
1,332 |
1,408 |
1,840 |
1,909 |
2,126 |
| Consolidated Net Income / (Loss) |
|
1,968 |
1,603 |
1,294 |
1,125 |
1,045 |
1,362 |
1,332 |
1,408 |
1,840 |
1,909 |
2,126 |
| Depreciation Expense |
|
176 |
177 |
191 |
198 |
238 |
228 |
233 |
231 |
224 |
217 |
215 |
| Amortization Expense |
|
348 |
320 |
341 |
357 |
346 |
335 |
340 |
332 |
318 |
308 |
301 |
| Non-Cash Adjustments to Reconcile Net Income |
|
275 |
269 |
207 |
180 |
-112 |
198 |
133 |
143 |
224 |
235 |
242 |
| Changes in Operating Assets and Liabilities, net |
|
-4,874 |
7,408 |
-7,249 |
-6,871 |
18,520 |
-3,472 |
-6,290 |
16,984 |
-13,433 |
3,690 |
293 |
| Net Cash From Investing Activities |
|
11,540 |
11,029 |
18,167 |
18,533 |
9,682 |
9,475 |
9,706 |
8,516 |
7,734 |
10,470 |
9,076 |
| Net Cash From Continuing Investing Activities |
|
11,540 |
11,001 |
18,195 |
18,533 |
9,578 |
9,502 |
9,730 |
8,492 |
7,734 |
10,470 |
9,076 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-202 |
-187 |
-211 |
-239 |
-167 |
-122 |
-65 |
-152 |
-254 |
-117 |
-128 |
| Purchase of Investment Securities |
|
-1,863 |
-968 |
-371 |
-1,277 |
-1,149 |
-1,207 |
-2,516 |
-2,618 |
-2,838 |
-3,661 |
-4,341 |
| Sale and/or Maturity of Investments |
|
13,605 |
12,156 |
18,777 |
20,049 |
10,894 |
10,831 |
12,311 |
11,262 |
10,826 |
14,248 |
13,545 |
| Net Cash From Financing Activities |
|
-15,959 |
-10,096 |
-23,274 |
-27,722 |
-153 |
-24,926 |
-16,012 |
-7,726 |
1,604 |
-20,362 |
-18,665 |
| Net Cash From Continuing Financing Activities |
|
-15,959 |
-10,096 |
-23,274 |
-27,722 |
-153 |
-24,926 |
-16,012 |
-7,726 |
1,604 |
-20,362 |
-18,665 |
| Net Change in Deposits |
|
-28,991 |
-40,979 |
-21,331 |
-20,006 |
5,545 |
-20,493 |
-17,040 |
-5,958 |
12,659 |
-12,961 |
-13,102 |
| Issuance of Debt |
|
18,392 |
39,857 |
9,935 |
11,007 |
11,498 |
9,050 |
14,017 |
15,159 |
11,792 |
13,498 |
14,861 |
| Repayment of Debt |
|
-1,850 |
-5,049 |
-11,305 |
-18,165 |
-16,616 |
-12,858 |
-12,436 |
-16,368 |
-22,292 |
-18,755 |
-17,088 |
| Repurchase of Common Equity |
|
-1,940 |
-2,842 |
- |
- |
- |
0.00 |
- |
- |
- |
-1,500 |
-333 |
| Payment of Dividends |
|
-551 |
-568 |
-574 |
-561 |
-573 |
-562 |
-575 |
-563 |
-575 |
-595 |
-608 |
| Other Financing Activities, Net |
|
-19 |
-48 |
1.00 |
3.00 |
-7.00 |
-63 |
22 |
4.00 |
20 |
-49 |
63 |
| Cash Interest Paid |
|
633 |
923 |
1,212 |
1,716 |
1,772 |
1,957 |
1,611 |
1,645 |
1,442 |
1,193 |
1,304 |
| Cash Income Taxes Paid |
|
694 |
40 |
836 |
367 |
377 |
41 |
1,026 |
246 |
178 |
41 |
777 |
Annual Balance Sheets for Charles Schwab
This table presents Charles Schwab's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Total Assets |
|
154,642 |
183,705 |
223,383 |
243,274 |
296,482 |
294,005 |
549,009 |
667,270 |
551,772 |
493,178 |
479,843 |
| Cash and Due from Banks |
|
11,363 |
11,978 |
10,828 |
14,217 |
27,938 |
29,345 |
40,348 |
62,975 |
40,195 |
43,337 |
42,083 |
| Restricted Cash |
|
20,781 |
19,598 |
22,174 |
15,139 |
13,563 |
20,483 |
50,399 |
53,949 |
42,983 |
31,836 |
38,221 |
| Trading Account Securities |
|
89,688 |
116,186 |
153,017 |
171,460 |
210,587 |
196,128 |
337,400 |
390,054 |
320,945 |
267,098 |
229,447 |
| Loans and Leases, Net of Allowance |
|
0.00 |
14,334 |
0.00 |
0.00 |
16,609 |
0.00 |
23,813 |
34,636 |
40,505 |
40,439 |
45,215 |
| Loans and Leases |
|
- |
14,334 |
- |
- |
16,609 |
- |
23,813 |
34,636 |
40,505 |
40,439 |
45,215 |
| Customer and Other Receivables |
|
15,669 |
17,895 |
17,155 |
20,576 |
21,651 |
21,767 |
64,440 |
90,565 |
66,591 |
68,667 |
85,374 |
| Premises and Equipment, Net |
|
1,039 |
1,145 |
1,299 |
1,471 |
1,769 |
2,128 |
2,883 |
3,442 |
3,714 |
3,690 |
3,338 |
| Goodwill |
|
1,227 |
1,227 |
1,227 |
1,227 |
1,227 |
1,227 |
11,952 |
11,952 |
11,951 |
11,951 |
11,951 |
| Intangible Assets |
|
227 |
181 |
144 |
- |
- |
128 |
9,991 |
9,379 |
8,789 |
8,260 |
7,743 |
| Other Assets |
|
1,249 |
1,161 |
2,136 |
2,706 |
3,138 |
22,799 |
7,783 |
10,318 |
16,099 |
17,900 |
16,471 |
| Total Liabilities & Shareholders' Equity |
|
154,642 |
183,705 |
223,383 |
243,274 |
296,482 |
294,005 |
549,009 |
667,270 |
551,772 |
493,178 |
479,843 |
| Total Liabilities |
|
142,839 |
170,303 |
206,962 |
224,749 |
275,812 |
272,260 |
492,949 |
611,009 |
515,164 |
452,220 |
431,468 |
| Non-Interest Bearing Deposits |
|
102,815 |
129,502 |
163,454 |
169,656 |
231,423 |
220,094 |
358,022 |
443,778 |
366,724 |
289,953 |
259,121 |
| Short-Term Debt |
|
36,309 |
35,773 |
38,301 |
47,530 |
32,726 |
39,220 |
104,201 |
130,526 |
97,438 |
97,987 |
120,894 |
| Accrued Interest Payable |
|
- |
2,151 |
- |
- |
- |
5,516 |
17,094 |
- |
- |
11,752 |
12,325 |
| Long-Term Debt |
|
1,899 |
2,877 |
2,876 |
4,753 |
6,878 |
7,430 |
13,632 |
18,914 |
33,228 |
52,528 |
39,128 |
| Total Equity & Noncontrolling Interests |
|
11,803 |
13,402 |
16,421 |
18,525 |
20,670 |
21,745 |
56,060 |
56,261 |
36,608 |
40,958 |
48,375 |
| Total Preferred & Common Equity |
|
11,803 |
13,402 |
16,421 |
18,525 |
20,670 |
21,745 |
56,060 |
56,261 |
36,608 |
40,958 |
48,375 |
| Preferred Stock |
|
872 |
1,459 |
2,783 |
2,793 |
2,793 |
2,793 |
7,733 |
9,954 |
9,706 |
9,191 |
9,191 |
| Total Common Equity |
|
10,931 |
11,943 |
13,638 |
15,732 |
17,877 |
18,952 |
48,327 |
46,307 |
26,881 |
31,767 |
39,184 |
| Common Stock |
|
4,065 |
4,167 |
4,282 |
4,368 |
4,514 |
4,671 |
26,536 |
26,762 |
27,075 |
27,351 |
27,660 |
| Retained Earnings |
|
10,198 |
11,253 |
12,649 |
14,408 |
17,329 |
19,960 |
21,975 |
25,992 |
31,066 |
33,901 |
37,568 |
| Treasury Stock |
|
-3,497 |
-3,343 |
-3,130 |
-2,892 |
-3,714 |
-5,767 |
-5,578 |
-5,338 |
-8,639 |
-11,354 |
-11,196 |
| Accumulated Other Comprehensive Income / (Loss) |
|
165 |
-134 |
-163 |
-152 |
-252 |
88 |
5,394 |
-1,109 |
-22,621 |
-18,131 |
-14,848 |
Quarterly Balance Sheets for Charles Schwab
This table presents Charles Schwab's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
| Total Assets |
|
551,772 |
535,552 |
511,505 |
475,204 |
493,178 |
468,784 |
449,675 |
466,055 |
479,843 |
462,903 |
458,936 |
| Cash and Due from Banks |
|
40,195 |
49,162 |
47,651 |
33,251 |
43,337 |
31,752 |
25,350 |
34,850 |
42,083 |
35,009 |
32,195 |
| Restricted Cash |
|
42,983 |
31,037 |
25,083 |
18,576 |
31,836 |
25,905 |
21,737 |
33,671 |
38,221 |
38,408 |
45,568 |
| Trading Account Securities |
|
320,945 |
311,245 |
292,097 |
272,724 |
267,098 |
257,457 |
246,741 |
239,880 |
229,447 |
218,643 |
207,296 |
| Loans and Leases, Net of Allowance |
|
40,505 |
0.00 |
40,061 |
40,327 |
40,439 |
40,783 |
42,182 |
43,311 |
45,215 |
47,121 |
50,405 |
| Loans and Leases |
|
40,505 |
- |
40,061 |
40,327 |
40,439 |
40,783 |
42,182 |
43,311 |
45,215 |
47,121 |
50,405 |
| Customer and Other Receivables |
|
66,591 |
63,187 |
65,162 |
69,062 |
68,667 |
71,169 |
72,836 |
74,016 |
85,374 |
87,387 |
87,089 |
| Premises and Equipment, Net |
|
3,714 |
3,716 |
3,686 |
3,730 |
3,690 |
3,584 |
3,436 |
3,340 |
3,338 |
3,276 |
3,197 |
| Goodwill |
|
11,951 |
11,951 |
11,951 |
11,951 |
11,951 |
11,951 |
11,951 |
11,951 |
11,951 |
11,951 |
11,951 |
| Intangible Assets |
|
8,789 |
8,659 |
8,524 |
8,390 |
8,260 |
8,131 |
8,003 |
7,873 |
7,743 |
7,615 |
7,487 |
| Other Assets |
|
16,099 |
56,595 |
17,290 |
17,193 |
17,900 |
18,052 |
17,439 |
17,163 |
16,471 |
13,493 |
13,748 |
| Total Liabilities & Shareholders' Equity |
|
551,772 |
535,552 |
511,505 |
475,204 |
493,178 |
468,784 |
449,675 |
466,055 |
479,843 |
462,903 |
458,936 |
| Total Liabilities |
|
515,164 |
499,205 |
474,358 |
437,420 |
452,220 |
426,372 |
405,722 |
418,840 |
431,468 |
413,392 |
409,485 |
| Non-Interest Bearing Deposits |
|
366,724 |
325,745 |
304,414 |
284,408 |
289,953 |
269,460 |
252,420 |
246,462 |
259,121 |
246,160 |
233,058 |
| Short-Term Debt |
|
97,438 |
94,624 |
92,626 |
80,368 |
97,987 |
92,410 |
89,962 |
99,757 |
120,894 |
123,250 |
136,411 |
| Accrued Interest Payable |
|
- |
- |
13,836 |
16,041 |
11,752 |
17,637 |
16,491 |
27,579 |
12,325 |
11,011 |
10,808 |
| Long-Term Debt |
|
33,228 |
65,616 |
63,482 |
56,603 |
52,528 |
46,865 |
46,849 |
45,042 |
39,128 |
32,971 |
29,208 |
| Total Equity & Noncontrolling Interests |
|
36,608 |
36,347 |
37,147 |
37,784 |
40,958 |
42,412 |
43,953 |
47,215 |
48,375 |
49,511 |
49,451 |
| Total Preferred & Common Equity |
|
36,608 |
36,347 |
37,147 |
37,784 |
40,958 |
42,412 |
43,953 |
47,215 |
48,375 |
49,511 |
49,451 |
| Preferred Stock |
|
9,706 |
9,191 |
9,191 |
9,191 |
9,191 |
9,191 |
9,191 |
9,191 |
9,191 |
9,191 |
6,763 |
| Total Common Equity |
|
26,881 |
27,156 |
27,956 |
28,593 |
31,767 |
33,221 |
34,762 |
38,024 |
39,184 |
40,320 |
42,688 |
| Common Stock |
|
27,075 |
27,157 |
27,241 |
27,314 |
27,351 |
27,379 |
27,491 |
27,569 |
27,660 |
27,685 |
27,834 |
| Retained Earnings |
|
31,066 |
32,144 |
32,865 |
33,429 |
33,901 |
34,701 |
35,458 |
36,303 |
37,568 |
38,882 |
40,374 |
| Treasury Stock |
|
-8,639 |
-11,455 |
-11,420 |
-11,398 |
-11,354 |
-11,283 |
-11,251 |
-11,230 |
-11,196 |
-12,626 |
-12,929 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-22,621 |
-20,690 |
-20,730 |
-20,752 |
-18,131 |
-17,576 |
-16,936 |
-14,618 |
-14,848 |
-13,621 |
-12,591 |
Annual Metrics And Ratios for Charles Schwab
This table displays calculated financial ratios and metrics derived from Charles Schwab's official financial filings.
| Metric |
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
11.48% |
5.32% |
17.21% |
15.24% |
17.57% |
5.81% |
9.05% |
58.41% |
12.11% |
-9.27% |
4.08% |
| EBITDA Growth |
|
17.94% |
9.27% |
31.07% |
21.99% |
22.46% |
8.14% |
15.01% |
72.93% |
7.02% |
-28.85% |
16.23% |
| EBIT Growth |
|
24.12% |
7.75% |
31.33% |
21.95% |
24.99% |
6.27% |
-11.30% |
79.37% |
21.72% |
-32.06% |
20.60% |
| NOPAT Growth |
|
23.34% |
9.54% |
30.55% |
24.62% |
48.98% |
5.62% |
-10.93% |
77.48% |
22.68% |
-29.46% |
17.27% |
| Net Income Growth |
|
23.34% |
9.54% |
30.55% |
24.62% |
48.98% |
5.62% |
-10.93% |
77.48% |
22.68% |
-29.46% |
17.27% |
| EPS Growth |
|
21.79% |
8.42% |
27.18% |
22.90% |
52.17% |
8.98% |
-20.60% |
33.49% |
23.67% |
-27.43% |
17.72% |
| Operating Cash Flow Growth |
|
41.79% |
-46.93% |
189.17% |
-123.29% |
1,584.62% |
-25.14% |
-26.52% |
-69.09% |
-2.88% |
852.21% |
-86.37% |
| Free Cash Flow Firm Growth |
|
-91.45% |
-250.76% |
-515.66% |
-196.86% |
229.34% |
-131.46% |
-2,213.77% |
74.61% |
275.74% |
-141.95% |
42.60% |
| Invested Capital Growth |
|
1.89% |
4.08% |
10.65% |
22.93% |
-14.88% |
13.47% |
154.25% |
18.29% |
-18.68% |
14.47% |
8.84% |
| Revenue Q/Q Growth |
|
2.11% |
2.34% |
3.82% |
3.23% |
4.40% |
-0.58% |
15.51% |
2.96% |
3.95% |
-5.22% |
4.64% |
| EBITDA Q/Q Growth |
|
3.00% |
4.31% |
6.66% |
3.75% |
4.82% |
0.11% |
17.30% |
5.22% |
2.02% |
-13.59% |
12.06% |
| EBIT Q/Q Growth |
|
3.17% |
4.45% |
6.13% |
3.66% |
5.97% |
-1.98% |
9.25% |
7.63% |
6.52% |
-18.04% |
16.88% |
| NOPAT Q/Q Growth |
|
2.40% |
4.78% |
5.95% |
3.29% |
10.67% |
-2.19% |
9.38% |
8.23% |
5.71% |
-15.41% |
15.45% |
| Net Income Q/Q Growth |
|
2.40% |
4.78% |
5.95% |
3.29% |
10.67% |
-2.19% |
9.38% |
8.23% |
5.71% |
-15.41% |
15.45% |
| EPS Q/Q Growth |
|
1.06% |
4.04% |
7.38% |
2.55% |
10.86% |
-1.11% |
-1.85% |
7.20% |
6.06% |
-15.33% |
16.80% |
| Operating Cash Flow Q/Q Growth |
|
1.25% |
2.64% |
93.09% |
-116.52% |
812.53% |
-27.27% |
426.13% |
-78.25% |
-79.02% |
866.01% |
-92.04% |
| Free Cash Flow Firm Q/Q Growth |
|
2.87% |
-501.35% |
40.88% |
-248.17% |
35.35% |
30.50% |
-364.16% |
73.09% |
45.15% |
-5,098.91% |
9.33% |
| Invested Capital Q/Q Growth |
|
2.90% |
4.45% |
-0.36% |
12.03% |
7.64% |
3.41% |
90.73% |
6.57% |
-0.67% |
9.57% |
8.53% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
40.26% |
41.77% |
46.71% |
49.44% |
51.50% |
52.64% |
55.51% |
60.60% |
57.85% |
45.37% |
50.66% |
| EBIT Margin |
|
34.91% |
35.72% |
40.02% |
42.35% |
45.03% |
45.22% |
36.78% |
41.65% |
45.22% |
33.86% |
39.23% |
| Profit (Net Income) Margin |
|
21.81% |
22.68% |
25.26% |
27.31% |
34.61% |
34.55% |
28.22% |
31.61% |
34.60% |
26.90% |
30.31% |
| Tax Burden Percent |
|
62.46% |
63.49% |
63.11% |
64.49% |
76.87% |
76.40% |
76.72% |
75.91% |
76.51% |
79.45% |
77.25% |
| Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
| Effective Tax Rate |
|
37.54% |
36.51% |
36.89% |
35.51% |
23.13% |
23.60% |
23.28% |
24.09% |
23.49% |
20.56% |
22.75% |
| Return on Invested Capital (ROIC) |
|
2.67% |
2.84% |
3.45% |
3.67% |
5.35% |
5.76% |
2.72% |
3.08% |
3.85% |
2.82% |
2.97% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
2.67% |
2.84% |
3.45% |
3.67% |
5.35% |
5.76% |
2.72% |
3.08% |
3.85% |
2.82% |
2.97% |
| Return on Net Nonoperating Assets (RNNOA) |
|
9.24% |
8.65% |
9.22% |
9.81% |
12.54% |
11.71% |
5.76% |
7.34% |
11.62% |
10.24% |
10.33% |
| Return on Equity (ROE) |
|
11.91% |
11.48% |
12.67% |
13.47% |
17.90% |
17.47% |
8.48% |
10.43% |
15.47% |
13.07% |
13.30% |
| Cash Return on Invested Capital (CROIC) |
|
0.80% |
-1.16% |
-6.67% |
-16.91% |
21.42% |
-6.87% |
-84.36% |
-13.67% |
24.46% |
-10.67% |
-5.49% |
| Operating Return on Assets (OROA) |
|
1.42% |
1.35% |
1.47% |
1.56% |
1.69% |
1.64% |
1.02% |
1.27% |
1.54% |
1.22% |
1.58% |
| Return on Assets (ROA) |
|
0.89% |
0.86% |
0.93% |
1.01% |
1.30% |
1.25% |
0.78% |
0.96% |
1.18% |
0.97% |
1.22% |
| Return on Common Equity (ROCE) |
|
10.97% |
10.42% |
10.87% |
11.32% |
15.34% |
15.17% |
7.33% |
8.78% |
12.19% |
9.88% |
10.57% |
| Return on Equity Simple (ROE_SIMPLE) |
|
11.19% |
10.80% |
11.50% |
12.71% |
16.97% |
17.03% |
5.88% |
10.41% |
19.62% |
12.37% |
12.28% |
| Net Operating Profit after Tax (NOPAT) |
|
1,321 |
1,447 |
1,889 |
2,354 |
3,507 |
3,704 |
3,299 |
5,855 |
7,183 |
5,067 |
5,942 |
| NOPAT Margin |
|
21.81% |
22.68% |
25.26% |
27.31% |
34.61% |
34.55% |
28.22% |
31.61% |
34.60% |
26.90% |
30.31% |
| Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
|
45.44% |
44.56% |
41.84% |
39.93% |
38.16% |
39.04% |
42.62% |
37.32% |
36.27% |
42.29% |
38.25% |
| Operating Expenses to Revenue |
|
65.09% |
64.28% |
59.98% |
57.65% |
54.97% |
54.78% |
63.22% |
58.35% |
54.78% |
66.14% |
60.77% |
| Earnings before Interest and Taxes (EBIT) |
|
2,115 |
2,279 |
2,993 |
3,650 |
4,562 |
4,848 |
4,300 |
7,713 |
9,388 |
6,378 |
7,692 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
2,439 |
2,665 |
3,493 |
4,261 |
5,218 |
5,643 |
6,490 |
11,223 |
12,011 |
8,546 |
9,933 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
3.20 |
3.24 |
3.46 |
3.98 |
2.88 |
3.00 |
1.95 |
3.29 |
5.58 |
3.88 |
3.45 |
| Price to Tangible Book Value (P/TBV) |
|
3.69 |
3.68 |
3.85 |
4.31 |
3.09 |
3.23 |
3.58 |
6.10 |
24.44 |
10.66 |
6.93 |
| Price to Revenue (P/Rev) |
|
5.77 |
6.07 |
6.31 |
7.26 |
5.08 |
5.30 |
8.08 |
8.23 |
7.23 |
6.54 |
6.89 |
| Price to Earnings (P/E) |
|
27.71 |
28.39 |
27.03 |
28.71 |
15.45 |
16.12 |
31.04 |
28.44 |
22.62 |
26.49 |
24.65 |
| Dividend Yield |
|
0.90% |
0.82% |
0.76% |
0.69% |
1.21% |
1.53% |
1.43% |
0.89% |
1.32% |
1.48% |
1.36% |
| Earnings Yield |
|
3.61% |
3.52% |
3.70% |
3.48% |
6.47% |
6.20% |
3.22% |
3.52% |
4.42% |
3.77% |
4.06% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.84 |
0.91 |
1.01 |
1.25 |
0.87 |
0.83 |
0.74 |
0.95 |
1.24 |
1.08 |
1.07 |
| Enterprise Value to Revenue (EV/Rev) |
|
6.91 |
7.41 |
7.78 |
10.25 |
5.16 |
5.26 |
11.06 |
10.53 |
9.98 |
11.03 |
11.42 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
17.17 |
17.73 |
16.65 |
20.72 |
10.03 |
10.00 |
19.92 |
17.37 |
17.26 |
24.30 |
22.55 |
| Enterprise Value to EBIT (EV/EBIT) |
|
19.80 |
20.74 |
19.43 |
24.19 |
11.47 |
11.64 |
30.06 |
25.27 |
22.08 |
32.56 |
29.11 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
31.70 |
32.66 |
30.78 |
37.51 |
14.92 |
15.24 |
39.18 |
33.29 |
28.86 |
40.99 |
37.69 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
17.84 |
37.93 |
16.14 |
0.00 |
4.20 |
6.05 |
18.86 |
92.04 |
100.78 |
10.60 |
83.87 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
106.29 |
0.00 |
0.00 |
0.00 |
3.73 |
0.00 |
0.00 |
0.00 |
4.55 |
0.00 |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
3.24 |
2.88 |
2.51 |
2.82 |
1.92 |
2.15 |
2.10 |
2.66 |
3.57 |
3.67 |
3.31 |
| Long-Term Debt to Equity |
|
0.16 |
0.21 |
0.18 |
0.26 |
0.33 |
0.34 |
0.24 |
0.34 |
0.91 |
1.28 |
0.81 |
| Financial Leverage |
|
3.47 |
3.05 |
2.68 |
2.67 |
2.34 |
2.03 |
2.11 |
2.38 |
3.02 |
3.63 |
3.48 |
| Leverage Ratio |
|
13.45 |
13.42 |
13.65 |
13.35 |
13.77 |
13.92 |
10.84 |
10.83 |
13.13 |
13.47 |
10.89 |
| Compound Leverage Factor |
|
13.45 |
13.42 |
13.65 |
13.35 |
13.77 |
13.92 |
10.84 |
10.83 |
13.13 |
13.47 |
10.89 |
| Debt to Total Capital |
|
76.40% |
74.25% |
71.49% |
73.84% |
65.71% |
68.21% |
67.76% |
72.65% |
78.11% |
78.61% |
76.79% |
| Short-Term Debt to Total Capital |
|
72.60% |
68.73% |
66.50% |
67.13% |
54.30% |
57.34% |
59.92% |
63.45% |
58.25% |
51.18% |
58.01% |
| Long-Term Debt to Total Capital |
|
3.80% |
5.53% |
4.99% |
6.71% |
11.41% |
10.86% |
7.84% |
9.19% |
19.86% |
27.43% |
18.78% |
| Preferred Equity to Total Capital |
|
1.74% |
2.80% |
4.83% |
3.94% |
4.63% |
4.08% |
4.45% |
4.84% |
5.80% |
4.80% |
4.41% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
21.86% |
22.94% |
23.68% |
22.22% |
29.66% |
27.71% |
27.79% |
22.51% |
16.07% |
16.59% |
18.80% |
| Debt to EBITDA |
|
15.67 |
14.50 |
11.79 |
12.27 |
7.59 |
8.27 |
18.16 |
13.32 |
10.88 |
17.61 |
16.11 |
| Net Debt to EBITDA |
|
2.49 |
2.65 |
2.34 |
5.38 |
-0.36 |
-0.56 |
4.17 |
2.90 |
3.95 |
8.82 |
8.03 |
| Long-Term Debt to EBITDA |
|
0.78 |
1.08 |
0.82 |
1.12 |
1.32 |
1.32 |
2.10 |
1.69 |
2.77 |
6.15 |
3.94 |
| Debt to NOPAT |
|
28.92 |
26.71 |
21.80 |
22.21 |
11.29 |
12.59 |
35.72 |
25.52 |
18.19 |
29.71 |
26.93 |
| Net Debt to NOPAT |
|
4.59 |
4.89 |
4.33 |
9.74 |
-0.54 |
-0.86 |
8.21 |
5.55 |
6.61 |
14.87 |
13.42 |
| Long-Term Debt to NOPAT |
|
1.44 |
1.99 |
1.52 |
2.02 |
1.96 |
2.01 |
4.13 |
3.23 |
4.63 |
10.37 |
6.59 |
| Noncontrolling Interest Sharing Ratio |
|
7.85% |
9.25% |
14.22% |
15.96% |
14.25% |
13.17% |
13.53% |
15.75% |
21.19% |
24.39% |
20.58% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
394 |
-594 |
-3,657 |
-10,856 |
14,041 |
-4,417 |
-102,199 |
-25,953 |
45,610 |
-19,132 |
-10,982 |
| Operating Cash Flow to CapEx |
|
587.00% |
468.42% |
1,041.33% |
-209.75% |
2,185.26% |
1,317.09% |
1,085.90% |
231.22% |
211.84% |
2,436.19% |
430.65% |
| Free Cash Flow to Firm to Interest Expense |
|
3.86 |
-4.50 |
-21.39 |
-31.74 |
16.38 |
-4.15 |
-244.50 |
-54.52 |
29.52 |
0.00 |
-1.72 |
| Operating Cash Flow to Interest Expense |
|
23.02 |
9.44 |
21.07 |
-2.45 |
14.53 |
8.76 |
16.39 |
4.45 |
1.33 |
0.00 |
0.42 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
19.10 |
7.42 |
19.05 |
-3.62 |
13.87 |
8.10 |
14.88 |
2.53 |
0.70 |
0.00 |
0.32 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.03 |
0.03 |
0.04 |
0.04 |
| Fixed Asset Turnover |
|
6.62 |
5.84 |
6.12 |
6.22 |
6.25 |
5.50 |
4.67 |
5.86 |
5.80 |
5.09 |
5.58 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
50,011 |
52,052 |
57,598 |
70,808 |
60,274 |
68,395 |
173,893 |
205,701 |
167,274 |
191,473 |
208,397 |
| Invested Capital Turnover |
|
0.12 |
0.13 |
0.14 |
0.13 |
0.15 |
0.17 |
0.10 |
0.10 |
0.11 |
0.11 |
0.10 |
| Increase / (Decrease) in Invested Capital |
|
927 |
2,041 |
5,546 |
13,210 |
-10,534 |
8,121 |
105,498 |
31,808 |
-38,427 |
24,199 |
16,924 |
| Enterprise Value (EV) |
|
41,880 |
47,259 |
58,147 |
88,306 |
52,321 |
56,441 |
129,261 |
194,932 |
207,304 |
207,687 |
223,940 |
| Market Capitalization |
|
34,944 |
38,726 |
47,189 |
62,586 |
51,425 |
56,826 |
94,442 |
152,462 |
150,110 |
123,154 |
135,031 |
| Book Value per Share |
|
$8.37 |
$9.07 |
$10.29 |
$11.74 |
$13.24 |
$14.78 |
$25.75 |
$24.49 |
$14.40 |
$17.43 |
$21.41 |
| Tangible Book Value per Share |
|
$7.26 |
$8.00 |
$9.25 |
$10.82 |
$12.33 |
$13.72 |
$14.06 |
$13.21 |
$3.29 |
$6.34 |
$10.65 |
| Total Capital |
|
50,011 |
52,052 |
57,598 |
70,808 |
60,274 |
68,395 |
173,893 |
205,701 |
167,274 |
191,473 |
208,397 |
| Total Debt |
|
38,208 |
38,650 |
41,177 |
52,283 |
39,604 |
46,650 |
117,833 |
149,440 |
130,666 |
150,515 |
160,022 |
| Total Long-Term Debt |
|
1,899 |
2,877 |
2,876 |
4,753 |
6,878 |
7,430 |
13,632 |
18,914 |
33,228 |
52,528 |
39,128 |
| Net Debt |
|
6,064 |
7,074 |
8,175 |
22,927 |
-1,897 |
-3,178 |
27,086 |
32,516 |
47,488 |
75,342 |
79,718 |
| Capital Expenditures (CapEx) |
|
400 |
266 |
346 |
400 |
570 |
708 |
631 |
916 |
971 |
804 |
620 |
| Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
38,208 |
38,650 |
41,177 |
52,283 |
39,604 |
46,650 |
117,833 |
149,440 |
130,666 |
150,515 |
160,022 |
| Total Depreciation and Amortization (D&A) |
|
324 |
386 |
500 |
611 |
656 |
795 |
2,190 |
3,510 |
2,623 |
2,168 |
2,241 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.96 |
$1.04 |
$1.32 |
$1.63 |
$2.47 |
$2.69 |
$2.13 |
$2.84 |
$3.52 |
$2.55 |
$3.00 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
1.31B |
1.32B |
1.32B |
1.34B |
1.35B |
1.31B |
1.43B |
1.89B |
1.89B |
1.82B |
1.83B |
| Adjusted Diluted Earnings per Share |
|
$0.95 |
$1.03 |
$1.31 |
$1.61 |
$2.45 |
$2.67 |
$2.12 |
$2.83 |
$3.50 |
$2.54 |
$2.99 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
1.32B |
1.33B |
1.33B |
1.35B |
1.36B |
1.32B |
1.44B |
1.90B |
1.89B |
1.83B |
1.83B |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.69 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
1.31B |
1.32B |
1.33B |
1.35B |
1.33B |
1.29B |
1.88B |
1.89B |
1.84B |
1.82B |
1.81B |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
1,321 |
1,447 |
1,889 |
2,354 |
3,507 |
3,704 |
3,299 |
5,855 |
7,183 |
5,067 |
5,942 |
| Normalized NOPAT Margin |
|
21.81% |
22.68% |
25.26% |
27.31% |
34.61% |
34.55% |
28.22% |
31.61% |
34.60% |
26.90% |
30.31% |
| Pre Tax Income Margin |
|
34.91% |
35.72% |
40.02% |
42.35% |
45.03% |
45.22% |
36.78% |
41.65% |
45.22% |
33.86% |
39.23% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
20.74 |
17.27 |
17.50 |
10.67 |
5.32 |
4.56 |
10.29 |
16.20 |
6.08 |
0.00 |
1.20 |
| NOPAT to Interest Expense |
|
12.95 |
10.96 |
11.05 |
6.88 |
4.09 |
3.48 |
7.89 |
12.30 |
4.65 |
0.00 |
0.93 |
| EBIT Less CapEx to Interest Expense |
|
16.81 |
15.25 |
15.48 |
9.50 |
4.66 |
3.89 |
8.78 |
14.28 |
5.45 |
0.00 |
1.11 |
| NOPAT Less CapEx to Interest Expense |
|
9.03 |
8.95 |
9.02 |
5.71 |
3.43 |
2.82 |
6.38 |
10.38 |
4.02 |
0.00 |
0.83 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
28.24% |
26.75% |
25.73% |
25.15% |
22.44% |
28.62% |
38.80% |
31.12% |
29.37% |
44.92% |
38.29% |
| Augmented Payout Ratio |
|
28.24% |
26.75% |
25.73% |
25.15% |
50.96% |
88.55% |
38.80% |
31.12% |
76.64% |
101.01% |
38.29% |
Quarterly Metrics And Ratios for Charles Schwab
This table displays calculated financial ratios and metrics derived from Charles Schwab's official financial filings.
| Metric |
|
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
16.76% |
9.50% |
-8.58% |
-16.25% |
-18.88% |
-7.35% |
0.73% |
5.23% |
19.51% |
18.12% |
24.75% |
| EBITDA Growth |
|
8.25% |
-0.84% |
-25.13% |
-41.11% |
-43.05% |
-9.44% |
4.36% |
24.10% |
60.12% |
26.22% |
43.06% |
| EBIT Growth |
|
28.42% |
14.74% |
-25.64% |
-48.34% |
-54.04% |
-14.79% |
3.31% |
33.19% |
93.05% |
36.54% |
60.45% |
| NOPAT Growth |
|
24.56% |
14.34% |
-27.83% |
-44.31% |
-46.90% |
-15.03% |
2.94% |
25.16% |
76.08% |
40.16% |
59.61% |
| Net Income Growth |
|
24.56% |
14.34% |
-27.83% |
-44.31% |
-46.90% |
-15.03% |
2.94% |
25.16% |
76.08% |
40.16% |
59.61% |
| EPS Growth |
|
25.97% |
23.88% |
-26.44% |
-43.43% |
-47.42% |
-18.07% |
3.13% |
26.79% |
84.31% |
45.59% |
63.64% |
| Operating Cash Flow Growth |
|
-137.36% |
220.24% |
34.33% |
-155.35% |
1,050.97% |
-113.80% |
18.48% |
481.12% |
-154.04% |
571.39% |
174.72% |
| Free Cash Flow Firm Growth |
|
233.63% |
121.58% |
-319.31% |
-119.64% |
-157.32% |
259.14% |
236.78% |
-202.90% |
34.85% |
-236.12% |
-332.80% |
| Invested Capital Growth |
|
-18.68% |
-1.47% |
6.27% |
3.78% |
14.47% |
-7.58% |
-6.46% |
9.88% |
8.84% |
13.23% |
18.98% |
| Revenue Q/Q Growth |
|
-0.05% |
-6.93% |
-8.99% |
-1.07% |
-3.19% |
6.30% |
-1.05% |
3.35% |
9.94% |
5.07% |
4.50% |
| EBITDA Q/Q Growth |
|
-5.14% |
-16.50% |
-14.73% |
-12.82% |
-8.26% |
32.79% |
-1.74% |
3.66% |
18.38% |
4.67% |
11.38% |
| EBIT Q/Q Growth |
|
-2.95% |
-18.78% |
-19.86% |
-18.21% |
-13.67% |
50.59% |
-2.84% |
5.44% |
25.14% |
6.51% |
14.18% |
| NOPAT Q/Q Growth |
|
-2.57% |
-18.55% |
-19.28% |
-13.06% |
-7.11% |
30.33% |
-2.20% |
5.71% |
30.68% |
3.75% |
11.37% |
| Net Income Q/Q Growth |
|
-2.57% |
-18.55% |
-19.28% |
-13.06% |
-7.11% |
30.33% |
-2.20% |
5.71% |
30.68% |
3.75% |
11.37% |
| EPS Q/Q Growth |
|
-2.02% |
-14.43% |
-22.89% |
-12.50% |
-8.93% |
33.33% |
-2.94% |
7.58% |
32.39% |
5.32% |
9.09% |
| Operating Cash Flow Q/Q Growth |
|
-123.27% |
564.02% |
-153.35% |
3.93% |
499.86% |
-106.73% |
-215.20% |
549.15% |
-156.69% |
158.73% |
-50.04% |
| Free Cash Flow Firm Q/Q Growth |
|
51.59% |
-88.79% |
-323.19% |
48.22% |
-342.46% |
198.52% |
-15.00% |
-214.67% |
4.84% |
-46.75% |
-45.37% |
| Invested Capital Q/Q Growth |
|
-0.67% |
17.52% |
-1.69% |
-9.57% |
9.57% |
-1.70% |
-0.51% |
6.22% |
8.53% |
-1.28% |
4.54% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
56.79% |
50.96% |
47.74% |
42.08% |
39.87% |
49.81% |
49.47% |
49.62% |
53.42% |
53.22% |
56.73% |
| EBIT Margin |
|
47.26% |
41.24% |
36.32% |
30.03% |
26.78% |
37.93% |
37.25% |
38.00% |
43.25% |
43.85% |
47.91% |
| Profit (Net Income) Margin |
|
35.80% |
31.33% |
27.79% |
24.42% |
23.44% |
28.73% |
28.40% |
29.05% |
34.53% |
34.10% |
36.34% |
| Tax Burden Percent |
|
75.75% |
75.97% |
76.52% |
81.34% |
87.52% |
75.75% |
76.25% |
76.44% |
79.83% |
77.76% |
75.85% |
| Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
| Effective Tax Rate |
|
24.25% |
24.03% |
23.48% |
18.66% |
12.48% |
24.25% |
23.76% |
23.56% |
20.17% |
22.24% |
24.15% |
| Return on Invested Capital (ROIC) |
|
3.99% |
3.36% |
3.08% |
2.83% |
2.46% |
2.80% |
2.81% |
2.97% |
3.39% |
3.60% |
3.97% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
3.99% |
3.36% |
3.08% |
2.83% |
2.46% |
2.80% |
2.81% |
2.97% |
3.39% |
3.60% |
3.97% |
| Return on Net Nonoperating Assets (RNNOA) |
|
12.02% |
12.38% |
11.06% |
10.15% |
8.92% |
10.67% |
10.14% |
9.84% |
11.77% |
11.58% |
12.86% |
| Return on Equity (ROE) |
|
16.01% |
15.74% |
14.14% |
12.98% |
11.38% |
13.47% |
12.95% |
12.81% |
15.16% |
15.18% |
16.83% |
| Cash Return on Invested Capital (CROIC) |
|
24.46% |
5.21% |
-2.41% |
-0.21% |
-10.67% |
10.43% |
9.28% |
-6.60% |
-5.49% |
-9.06% |
-13.65% |
| Operating Return on Assets (OROA) |
|
1.61% |
1.44% |
1.31% |
1.13% |
0.97% |
1.39% |
1.43% |
1.51% |
1.74% |
1.93% |
2.28% |
| Return on Assets (ROA) |
|
1.22% |
1.09% |
1.00% |
0.92% |
0.84% |
1.06% |
1.09% |
1.16% |
1.39% |
1.50% |
1.73% |
| Return on Common Equity (ROCE) |
|
12.62% |
12.03% |
10.69% |
9.60% |
8.61% |
10.33% |
10.02% |
10.04% |
12.04% |
12.15% |
13.95% |
| Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
20.32% |
18.53% |
15.85% |
0.00% |
11.38% |
11.07% |
10.90% |
0.00% |
13.11% |
14.73% |
| Net Operating Profit after Tax (NOPAT) |
|
1,968 |
1,603 |
1,294 |
1,125 |
1,045 |
1,362 |
1,332 |
1,408 |
1,840 |
1,909 |
2,126 |
| NOPAT Margin |
|
35.80% |
31.33% |
27.79% |
24.42% |
23.44% |
28.73% |
28.40% |
29.05% |
34.53% |
34.10% |
36.34% |
| Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
|
35.13% |
39.58% |
41.24% |
47.26% |
41.35% |
39.89% |
38.49% |
39.08% |
35.84% |
36.47% |
32.71% |
| Operating Expenses to Revenue |
|
52.74% |
58.76% |
63.68% |
69.97% |
73.22% |
62.07% |
62.75% |
62.00% |
56.75% |
56.15% |
52.09% |
| Earnings before Interest and Taxes (EBIT) |
|
2,598 |
2,110 |
1,691 |
1,383 |
1,194 |
1,798 |
1,747 |
1,842 |
2,305 |
2,455 |
2,803 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
3,122 |
2,607 |
2,223 |
1,938 |
1,778 |
2,361 |
2,320 |
2,405 |
2,847 |
2,980 |
3,319 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
5.58 |
3.47 |
3.62 |
3.43 |
3.88 |
3.94 |
3.86 |
3.11 |
3.45 |
3.51 |
3.87 |
| Price to Tangible Book Value (P/TBV) |
|
24.44 |
14.38 |
13.52 |
11.88 |
10.66 |
9.96 |
9.06 |
6.49 |
6.93 |
6.82 |
7.11 |
| Price to Revenue (P/Rev) |
|
7.23 |
4.44 |
4.87 |
4.93 |
6.54 |
7.09 |
7.26 |
6.31 |
6.89 |
6.91 |
7.64 |
| Price to Earnings (P/E) |
|
22.62 |
13.66 |
15.78 |
17.69 |
26.49 |
29.97 |
30.46 |
25.21 |
24.65 |
23.50 |
24.35 |
| Dividend Yield |
|
1.32% |
2.17% |
2.09% |
2.21% |
1.48% |
1.39% |
1.36% |
1.55% |
1.36% |
1.31% |
1.14% |
| Earnings Yield |
|
4.42% |
7.32% |
6.34% |
5.65% |
3.77% |
3.34% |
3.28% |
3.97% |
4.06% |
4.26% |
4.11% |
| Enterprise Value to Invested Capital (EV/IC) |
|
1.24 |
0.93 |
1.00 |
1.10 |
1.08 |
1.22 |
1.29 |
1.06 |
1.07 |
1.14 |
1.21 |
| Enterprise Value to Revenue (EV/Rev) |
|
9.98 |
8.65 |
9.33 |
9.68 |
11.03 |
12.01 |
12.60 |
10.87 |
11.42 |
11.41 |
12.02 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
17.26 |
15.29 |
17.23 |
19.45 |
24.30 |
26.71 |
27.76 |
22.97 |
22.55 |
22.13 |
22.50 |
| Enterprise Value to EBIT (EV/EBIT) |
|
22.08 |
18.98 |
21.34 |
24.72 |
32.56 |
36.55 |
38.08 |
30.94 |
29.11 |
27.97 |
27.64 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
28.86 |
24.83 |
28.14 |
32.12 |
40.99 |
45.94 |
47.92 |
39.56 |
37.69 |
35.99 |
35.69 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
100.78 |
20.88 |
16.83 |
0.00 |
10.60 |
26.20 |
24.73 |
6.07 |
83.87 |
22.50 |
14.60 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
4.55 |
17.79 |
0.00 |
0.00 |
0.00 |
11.24 |
13.43 |
0.00 |
0.00 |
0.00 |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
3.57 |
4.41 |
4.20 |
3.63 |
3.67 |
3.28 |
3.11 |
3.07 |
3.31 |
3.16 |
3.35 |
| Long-Term Debt to Equity |
|
0.91 |
1.81 |
1.71 |
1.50 |
1.28 |
1.11 |
1.07 |
0.95 |
0.81 |
0.67 |
0.59 |
| Financial Leverage |
|
3.02 |
3.69 |
3.59 |
3.59 |
3.63 |
3.80 |
3.61 |
3.32 |
3.48 |
3.21 |
3.24 |
| Leverage Ratio |
|
13.13 |
14.41 |
14.07 |
14.07 |
13.47 |
12.75 |
11.85 |
11.07 |
10.89 |
10.14 |
9.73 |
| Compound Leverage Factor |
|
13.13 |
14.41 |
14.07 |
14.07 |
13.47 |
12.75 |
11.85 |
11.07 |
10.89 |
10.14 |
9.73 |
| Debt to Total Capital |
|
78.11% |
81.51% |
80.78% |
78.38% |
78.61% |
76.66% |
75.68% |
75.41% |
76.79% |
75.93% |
77.01% |
| Short-Term Debt to Total Capital |
|
58.25% |
48.13% |
47.93% |
45.99% |
51.18% |
50.86% |
49.77% |
51.95% |
58.01% |
59.91% |
63.43% |
| Long-Term Debt to Total Capital |
|
19.86% |
33.38% |
32.85% |
32.39% |
27.43% |
25.79% |
25.92% |
23.46% |
18.78% |
16.03% |
13.58% |
| Preferred Equity to Total Capital |
|
5.80% |
4.68% |
4.76% |
5.26% |
4.80% |
5.06% |
5.08% |
4.79% |
4.41% |
4.47% |
3.14% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
16.07% |
13.81% |
14.47% |
16.36% |
16.59% |
18.28% |
19.23% |
19.80% |
18.80% |
19.60% |
19.85% |
| Debt to EBITDA |
|
10.88 |
13.37 |
13.88 |
13.85 |
17.61 |
16.78 |
16.29 |
16.34 |
16.11 |
14.80 |
14.34 |
| Net Debt to EBITDA |
|
3.95 |
6.68 |
7.42 |
8.61 |
8.82 |
9.83 |
10.69 |
8.61 |
8.03 |
7.85 |
7.61 |
| Long-Term Debt to EBITDA |
|
2.77 |
5.47 |
5.65 |
5.72 |
6.15 |
5.65 |
5.58 |
5.08 |
3.94 |
3.12 |
2.53 |
| Debt to NOPAT |
|
18.19 |
21.70 |
22.67 |
22.87 |
29.71 |
28.86 |
28.13 |
28.13 |
26.93 |
24.07 |
22.74 |
| Net Debt to NOPAT |
|
6.61 |
10.84 |
12.11 |
14.21 |
14.87 |
16.91 |
18.45 |
14.82 |
13.42 |
12.76 |
12.06 |
| Long-Term Debt to NOPAT |
|
4.63 |
8.89 |
9.22 |
9.45 |
10.37 |
9.71 |
9.63 |
8.75 |
6.59 |
5.08 |
4.01 |
| Noncontrolling Interest Sharing Ratio |
|
21.19% |
23.55% |
24.35% |
26.04% |
24.39% |
23.34% |
22.67% |
21.63% |
20.58% |
20.00% |
17.08% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
40,395 |
4,528 |
-10,106 |
-5,233 |
-23,154 |
16,262 |
13,823 |
-15,851 |
-15,084 |
-22,136 |
-32,180 |
| Operating Cash Flow to CapEx |
|
-1,043.07% |
5,228.34% |
-2,472.04% |
-2,096.65% |
11,998.20% |
-905.37% |
-6,541.54% |
12,564.47% |
-4,262.60% |
5,435.04% |
2,482.03% |
| Free Cash Flow to Firm to Interest Expense |
|
49.75 |
3.63 |
-5.57 |
-2.92 |
0.00 |
9.52 |
8.33 |
-9.29 |
-11.43 |
-21.06 |
-33.35 |
| Operating Cash Flow to Interest Expense |
|
-2.59 |
7.85 |
-2.88 |
-2.80 |
0.00 |
-0.79 |
-2.56 |
11.19 |
-8.20 |
6.05 |
3.29 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
-2.84 |
7.70 |
-2.99 |
-2.93 |
0.00 |
-0.88 |
-2.60 |
11.11 |
-8.39 |
5.94 |
3.16 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.03 |
0.03 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.05 |
| Fixed Asset Turnover |
|
5.80 |
5.88 |
5.65 |
5.36 |
5.09 |
5.06 |
5.19 |
5.30 |
5.58 |
5.97 |
6.52 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
167,274 |
196,587 |
193,255 |
174,755 |
191,473 |
181,687 |
180,764 |
192,014 |
208,397 |
205,732 |
215,070 |
| Invested Capital Turnover |
|
0.11 |
0.11 |
0.11 |
0.12 |
0.11 |
0.10 |
0.10 |
0.10 |
0.10 |
0.11 |
0.11 |
| Increase / (Decrease) in Invested Capital |
|
-38,427 |
-2,925 |
11,400 |
6,358 |
24,199 |
-14,900 |
-12,491 |
17,259 |
16,924 |
24,045 |
34,306 |
| Enterprise Value (EV) |
|
207,304 |
183,356 |
193,714 |
192,406 |
207,687 |
221,699 |
233,097 |
203,623 |
223,940 |
233,507 |
259,933 |
| Market Capitalization |
|
150,110 |
94,124 |
101,149 |
98,071 |
123,154 |
130,890 |
134,182 |
118,154 |
135,031 |
141,512 |
165,314 |
| Book Value per Share |
|
$14.40 |
$14.74 |
$15.36 |
$15.70 |
$17.43 |
$18.20 |
$19.01 |
$20.79 |
$21.41 |
$22.23 |
$23.49 |
| Tangible Book Value per Share |
|
$3.29 |
$3.55 |
$4.11 |
$4.53 |
$6.34 |
$7.20 |
$8.10 |
$9.95 |
$10.65 |
$11.44 |
$12.80 |
| Total Capital |
|
167,274 |
196,587 |
193,255 |
174,755 |
191,473 |
181,687 |
180,764 |
192,014 |
208,397 |
205,732 |
215,070 |
| Total Debt |
|
130,666 |
160,240 |
156,108 |
136,971 |
150,515 |
139,275 |
136,811 |
144,799 |
160,022 |
156,221 |
165,619 |
| Total Long-Term Debt |
|
33,228 |
65,616 |
63,482 |
56,603 |
52,528 |
46,865 |
46,849 |
45,042 |
39,128 |
32,971 |
29,208 |
| Net Debt |
|
47,488 |
80,041 |
83,374 |
85,144 |
75,342 |
81,618 |
89,724 |
76,278 |
79,718 |
82,804 |
87,856 |
| Capital Expenditures (CapEx) |
|
202 |
187 |
211 |
239 |
167 |
149 |
65 |
152 |
254 |
117 |
128 |
| Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
130,666 |
160,240 |
156,108 |
136,971 |
150,515 |
139,275 |
136,811 |
144,799 |
160,022 |
156,221 |
165,619 |
| Total Depreciation and Amortization (D&A) |
|
524 |
497 |
532 |
555 |
584 |
563 |
573 |
563 |
542 |
525 |
516 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.98 |
$0.84 |
$0.64 |
$0.56 |
$0.51 |
$0.69 |
$0.66 |
$0.71 |
$0.94 |
$0.99 |
$1.09 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
1.89B |
1.83B |
1.82B |
1.82B |
1.82B |
1.83B |
1.83B |
1.83B |
1.83B |
1.82B |
1.82B |
| Adjusted Diluted Earnings per Share |
|
$0.97 |
$0.83 |
$0.64 |
$0.56 |
$0.51 |
$0.68 |
$0.66 |
$0.71 |
$0.94 |
$0.99 |
$1.08 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
1.89B |
1.84B |
1.83B |
1.83B |
1.83B |
1.83B |
1.83B |
1.83B |
1.83B |
1.82B |
1.82B |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
1.84B |
1.82B |
1.82B |
1.82B |
1.82B |
1.83B |
1.83B |
1.83B |
1.81B |
1.82B |
1.82B |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
1,968 |
1,603 |
1,294 |
1,125 |
1,045 |
1,362 |
1,332 |
1,408 |
1,840 |
1,909 |
2,126 |
| Normalized NOPAT Margin |
|
35.80% |
31.33% |
27.79% |
24.42% |
23.44% |
28.73% |
28.40% |
29.05% |
34.53% |
34.10% |
36.34% |
| Pre Tax Income Margin |
|
47.26% |
41.24% |
36.32% |
30.03% |
26.78% |
37.93% |
37.25% |
38.00% |
43.25% |
43.85% |
47.91% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
3.20 |
1.69 |
0.93 |
0.77 |
0.00 |
1.05 |
1.05 |
1.08 |
1.75 |
2.34 |
2.90 |
| NOPAT to Interest Expense |
|
2.42 |
1.29 |
0.71 |
0.63 |
0.00 |
0.80 |
0.80 |
0.83 |
1.39 |
1.82 |
2.20 |
| EBIT Less CapEx to Interest Expense |
|
2.95 |
1.54 |
0.82 |
0.64 |
0.00 |
0.97 |
1.01 |
0.99 |
1.55 |
2.22 |
2.77 |
| NOPAT Less CapEx to Interest Expense |
|
2.17 |
1.14 |
0.60 |
0.49 |
0.00 |
0.71 |
0.76 |
0.74 |
1.20 |
1.71 |
2.07 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
29.37% |
29.37% |
32.42% |
37.63% |
44.92% |
47.04% |
46.69% |
44.16% |
38.29% |
35.57% |
32.14% |
| Augmented Payout Ratio |
|
76.64% |
113.84% |
123.01% |
117.46% |
101.01% |
47.04% |
46.69% |
44.16% |
38.29% |
58.68% |
57.31% |
Key Financial Trends
Charles Schwab (NYSE:SCHW) has demonstrated solid financial performance with several positive trends over the past four years, supported by its Q2 2025 quarterly results and prior data.
- Consolidated net income is trending upwards, with Q2 2025 reporting $2.13 billion, up from $1.61 billion in Q1 2023 and $1.85 billion in Q4 2024, indicating growing profitability.
- Net interest income increased to $2.82 billion in Q2 2025 from $2.27 billion in Q1 2023, showing enhanced earnings from core banking activities.
- Total revenue rose to $5.85 billion in Q2 2025 compared to $4.71 billion in Q1 2023, reflecting growth in net interest income and other non-interest income.
- Non-interest income, driven by fees and commissions, improved to $3.03 billion in Q2 2025 from $2.51 billion in Q1 2023, signaling diversified revenue streams.
- Strong net cash from operating activities of $3.18 billion in Q2 2025 contributes to operational strength and liquidity.
- Investing activities showed $9.08 billion net cash inflow in Q2 2025, supported by significant investment security sales exceeding purchases, indicating effective asset management.
- Despite net financing cash outflows of $18.66 billion in Q2 2025, the company manages debt issuance and repayments actively, signaling prudent capital management.
- Total assets remain stable around $450-$550 billion, ensuring substantial operational scale.
- Total equity is consistent near $44-$49 billion, maintaining steady capital base despite market fluctuations.
- Common equity and goodwill remain stable, reflecting ongoing acquisition and equity strategies.
- Net change in deposits declined significantly in recent quarters, with a $13.1 billion decrease in Q2 2025 and similar decreases seen earlier, possibly impacting funding costs and business growth.
- Repayment of debt exceeded issuance consistently, leading to large net financing outflows; while this reduces leverage, it may limit expansion capacity.
- Non-interest expenses have generally increased, with total non-interest expense at $3.05 billion in Q2 2025 versus $2.94 billion in Q1 2023, which could pressure margins if not matched by revenue growth.
- There has been consistent repurchase of common equity, including $333 million in Q2 2025, which may signal return of capital to shareholders but also reduces cash reserves.
Summary: Charles Schwab is growing its profitability and revenues, supported by solid net interest and non-interest income growth. Cash flows from operations and investing are robust, underpinning financial strength. However, declining deposits and increasing expenses suggest caution, with potential impacts on liquidity and margins. The company’s active debt management and shareholder return policies reflect a balanced but cautious capital strategy.
10/25/25 12:22 AM ETAI Generated. May Contain Errors.