SCHWNYSESecurity Brokers, Dealers & Flotation CompaniesFiscal year ends December 31Also trades as SCHW.PD, SCHW.PJ
SCHWAB CHARLES CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$89.58−2.38 (-2.59%)
Close on Oct 19, 2026
- Market cap
- $155.78B
- P/E (TTM)
- 16.3
- Dividend yield
- 1.21%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
37.0%+8.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +22.0% | +4.8% | +15.4% | +14.1% | |
| Net income | +49.0% | +7.2% | +21.8% | +19.9% | |
| EPS, diluted | +55.5% | +9.9% | +17.0% | +16.3% | |
| Free cash flow | +327.5% | +100.6% | +7.1% | +24.5% | |
| Dividend per share | +8.0% | +8.7% | +8.4% | +16.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 12.7% | 8.5% | 18.1% | |
| Return on assets | 0.9% | 0.8% | 1.8% | |
| Debt to equity | 0.18 | 0.24 | 0.49 | |
| Capex to revenue | 4.6% | 5.4% | 2.3% | |
| Diluted shares | 1.33B | 1.44B | 1.81B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Schwab Charles generated $35.74B from operations and spent $28.15B on capital expenditure, dividends and share buybacks. 13% of that went back into the business.
Generated
$35.74B
Used
$28.15B
Capital expenditure$3.76B13%Dividends$10.81B38%Share buybacks$13.58B48%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin37.0%
×Asset turnover0.05×
×Equity multiplier9.93×
=Return on equity, FY202518.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 37.0% | 0.05× | 9.93× | 18.1% |
| FY2024 | 30.3% | 0.04× | 10.89× | 13.3% |
| FY2023 | 26.9% | 0.04× | 13.47× | 13.1% |
| FY2022 | 34.6% | 0.03× | 13.13× | 15.5% |
| FY2021 | 31.6% | 0.03× | 10.83× | 10.4% |
| FY2020 | 28.2% | 0.03× | 10.83× | 8.5% |
| FY2019 | 34.5% | 0.04× | 13.92× | 17.5% |
| FY2018 | 34.6% | 0.04× | 13.77× | 17.9% |
| FY2017 | 27.3% | 0.04× | 13.35× | 13.5% |
| FY2016 | 25.3% | 0.04× | 13.65× | 12.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$8.85B
- Cash generatingOperating cash flow above zero$9.31B
- Return on assets improvedROA up on the prior year1.2% → 1.8%
- Earnings backed by cashOperating cash flow above net income$9.31B vs $8.85B
- Less leverageLong-term debt to assets fell4.7% → 4.5%
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise1.83B → 1.81B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.05