Raymond Tax Provision from 2010 to 2024

RJF Stock  USD 162.62  0.80  0.49%   
Raymond James' Tax Provision is increasing over the last several years with slightly volatile swings. Tax Provision is predicted to flatten to about 406.7 M. Tax Provision is the amount set aside by Raymond James Financial to cover any estimated taxes for the current period. It reflects Raymond James' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
133 M
Current Value
152 M
Quarterly Volatility
36.1 M
 
Covid
Check Raymond James financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Raymond James' main balance sheet or income statement drivers, such as Other Operating Expenses of 10.7 B, Operating Income of 5 B or EBIT of 6.8 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0109 or PTB Ratio of 1.42. Raymond financial statements analysis is a perfect complement when working with Raymond James Valuation or Volatility modules.
  
Check out the analysis of Raymond James Correlation against competitors.

Latest Raymond James' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Raymond James Financial over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Raymond James' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Raymond James' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Raymond Tax Provision Regression Statistics

Arithmetic Mean369,357,732
Geometric Mean354,568,126
Coefficient Of Variation31.12
Mean Deviation94,486,078
Median296,034,000
Standard Deviation114,941,051
Sample Variance13211.4T
Range388.1M
R-Value0.71
Mean Square Error7146.1T
R-Squared0.50
Significance0
Slope18,132,596
Total Sum of Squares184960.2T

Raymond Tax Provision History

2024406.7 M
2023622.1 M
2022541 M
2021513 M
2020388 M
2019234 M
2018341 M

About Raymond James Financial Statements

Raymond James stakeholders use historical fundamental indicators, such as Raymond James' Tax Provision, to determine how well the company is positioned to perform in the future. Although Raymond James investors may analyze each financial statement separately, they are all interrelated. For example, changes in Raymond James' assets and liabilities are reflected in the revenues and expenses on Raymond James' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Raymond James Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision622.1 M406.7 M

Currently Active Assets on Macroaxis

When determining whether Raymond James Financial is a strong investment it is important to analyze Raymond James' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Raymond James' future performance. For an informed investment choice regarding Raymond Stock, refer to the following important reports:
Check out the analysis of Raymond James Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Investment Banking & Brokerage space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Raymond James. If investors know Raymond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Raymond James listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.417
Dividend Share
1.8
Earnings Share
9.71
Revenue Per Share
61.69
Quarterly Revenue Growth
0.132
The market value of Raymond James Financial is measured differently than its book value, which is the value of Raymond that is recorded on the company's balance sheet. Investors also form their own opinion of Raymond James' value that differs from its market value or its book value, called intrinsic value, which is Raymond James' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Raymond James' market value can be influenced by many factors that don't directly affect Raymond James' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Raymond James' value and its price as these two are different measures arrived at by different means. Investors typically determine if Raymond James is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raymond James' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.