Cash flow Charles Schwab

Equities

SCHW

US8085131055

Investment Banking & Brokerage Services

Real-time Estimate Cboe BZX Other stock markets 20:00:12 13/03/2026 GMT			5-day change	1st Jan Change
92.62 ^USD	+1.51%		-2.25%	-6.83%

01:30pm	Charles Schwab Reports $32.5 Billion in February Net New Assets	MT
03-12	Wolfe Research Adjusts Price Target on Charles Schwab to $123 From $124, Maintains Outperform Rating	MT

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Published financial data: CHARLES SCHWAB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	8.51B	12.23B	16.11B	15.54B	15.5B
Interest Expense, Total	476M	1.54B	6.68B	6.39B	3.75B
Net Interest Income	8.03B	10.68B	9.43B	9.14B	11.75B
Trading and Principal Transactions	4.15B	3.67B	3.23B	3.26B	3.92B
Asset Management Fee	4.27B	4.22B	4.76B	5.72B	6.51B
Gain (Loss) on Sale of Investments, Total (Rev)	4M	-9M	61M	40M	79M
Other Revenues, Total	2.06B	2.2B	1.36B	1.44B	1.66B
Revenues Before Provison For Loan Losses	18.52B	20.76B	18.84B	19.61B	23.92B
Provision For Loan Losses	-	-	-	-	-
Total Revenues	18.52B	20.76B	18.84B	19.61B	23.92B
Salaries And Other Employee Benefits	5.17B	5.72B	5.84B	6.02B	6.49B
Cost of Services Provided, Total	3.15B	3.32B	3.7B	3.43B	3.67B
Depreciation & Amortization - (IS) - (Collected)	549M	652M	804M	897M	850M
Amortization of Goodwill and Intangible Assets - (IS)	615M	596M	534M	519M	512M
Other Operating Expenses	876M	714M	713M	900M	968M
Total Operating Expenses	10.35B	10.99B	11.59B	11.77B	12.49B
Operating Income	8.17B	9.77B	7.24B	7.84B	11.43B
EBT, Excl. Unusual Items	8.17B	9.77B	7.24B	7.84B	11.43B
Restructuring Charges	-	-	-490M	-8M	-
Total Merger & Related Restructuring Charges	-454M	-381M	-377M	-109M	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-30M	32M
EBT, Incl. Unusual Items	7.71B	9.39B	6.38B	7.69B	11.46B
Income Tax Expense	1.86B	2.2B	1.31B	1.75B	2.61B
Earnings From Continuing Operations	5.86B	7.18B	5.07B	5.94B	8.85B
Net Income to Company	5.86B	7.18B	5.07B	5.94B	8.85B
Net Income - (IS)	5.86B	7.18B	5.07B	5.94B	8.85B
Preferred Dividend and Other Adjustments	495M	548M	418M	464M	434M
Net Income to Common Incl Extra Items	5.36B	6.64B	4.65B	5.48B	8.42B
Net Income to Common Excl. Extra Items	5.36B	6.64B	4.65B	5.48B	8.42B
Per Share Items
Net EPS - Basic	2.84	3.52	2.55	3	4.67
Basic EPS - Continuing Operations	2.84	3.52	2.55	3	4.67
Basic Weighted Average Shares Outstanding	1.89B	1.88B	1.82B	1.83B	1.8B
Net EPS - Diluted	2.83	3.5	2.54	2.99	4.65
Diluted EPS - Continuing Operations	2.83	3.5	2.54	2.99	4.65
Diluted Weighted Average Shares Outstanding	1.9B	1.89B	1.83B	1.83B	1.81B
Normalized Basic EPS	2.71	3.24	2.48	2.68	3.96
Normalized Diluted EPS	2.69	3.22	2.47	2.67	3.95
Dividend Per Share	0.72	0.84	1	1	1.08
Payout Ratio	31.12	29.37	44.92	38.29	26.31
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
Effective Tax Rate - (Ratio)	24.09	23.49	20.56	22.75	22.75
Current Domestic Taxes	1.8B	2.22B	1.79B	1.94B	2.25B
Total Current Taxes	1.8B	2.22B	1.79B	1.94B	2.25B
Deferred Domestic Taxes	53M	-18M	-478M	-191M	361M
Total Deferred Taxes	53M	-18M	-478M	-191M	361M
Normalized Net Income	5.1B	6.11B	4.53B	4.9B	7.14B
Non-Cash Pension Expense	16M	19M	12M	17M	17M
Supplemental Operating Expense Items
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	254M	366M	320M	337M	317M
Total Stock-Based Compensation	254M	366M	320M	337M	317M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	62.98B	40.2B	43.34B	42.08B	46.03B
Cash & Securities Segregated	53.95B	42.98B	31.84B	38.22B	42.93B
Securities Owned	1.58B	1.43B	1.91B	2.54B	3.16B
Securities Borrowed	582M	705M	1.56B	695M	4.8B
Accounts Receivable, Total	91.2B	67.15B	69.27B	87.81B	108B
Other Receivables	38.73B	44.6B	44.98B	47.38B	60.81B
Gross Property Plant And Equipment	7.17B	7.84B	8.08B	8.39B	8.76B
Accumulated Depreciation	-2.89B	-3.23B	-3.76B	-4.46B	-4.97B
Net Property Plant And Equipment	4.28B	4.61B	4.32B	3.93B	3.8B
Goodwill	11.95B	11.95B	11.95B	11.95B	11.95B
Other Intangibles, Total	9.38B	8.79B	8.26B	7.74B	7.23B
Investment In Debt and Equity Securities	390B	320B	269B	231B	198B
Other Current Assets, Total	999M	2.23B	100M	-	-
Deferred Tax Assets Long-Term (Collected)	-	5.37B	4.3B	3.53B	1.97B
Deferred Charges Long-Term	344M	379M	416M	487M	578M
Other Long-Term Assets, Total	1.18B	1.41B	2.35B	2.1B	2.02B
Total Assets	667B	552B	493B	480B	491B
Liabilities
Accounts Payable, Total	126B	97.44B	84.79B	102B	117B
Accrued Expenses, Total	7.54B	7.19B	10.38B	10.42B	10.65B
Short-Term Borrowings	12.01B	21.25B	38.35B	35.77B	33.9B
Current Portion of Long-Term Debt	-	800M	3.65B	2.22B	4.12B
Current Portion of Leases	191M	263M	231M	237M	224M
Long-Term Debt	18.91B	19.96B	22.39B	20.15B	18.04B
Long-Term Leases	741M	799M	746M	628M	716M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	444B	367B	290B	259B	256B
Pension & Other Post Retirement Benefits	119M	78M	125M	134M	163M
Deferred Tax Liability Non-Current	1.48B	-	556M	-	-
Other Non Current Liabilities	565M	665M	1.05B	955M	1.11B
Total Liabilities	611B	515B	452B	431B	442B
Preferred Stock Redeemable	9.95B	9.71B	9.19B	9.19B	6.76B
Total Preferred Equity	9.95B	9.71B	9.19B	9.19B	6.76B
Common Stock, Total	21M	21M	21M	21M	21M
Additional Paid In Capital	26.74B	27.08B	27.33B	27.64B	28B
Retained Earnings	25.99B	31.07B	33.9B	37.57B	44.06B
Treasury Stock	-5.34B	-8.64B	-11.35B	-11.2B	-18.44B
Comprehensive Income and Other	-1.11B	-22.62B	-18.13B	-14.85B	-10.98B
Total Common Equity	46.31B	26.9B	31.77B	39.18B	42.66B
Total Equity	56.26B	36.61B	40.96B	48.38B	49.42B
Total Liabilities And Equity	667B	552B	493B	480B	491B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.89B	1.84B	1.82B	1.81B	1.75B
ECS Total Common Shares Outstanding	1.89B	1.85B	1.82B	1.83B	1.76B
Book Value / Share	24.46	14.52	17.42	21.4	24.26
Tangible Book Value	24.98B	6.16B	11.56B	19.49B	23.48B
Tangible Book Value Per Share	13.19	3.33	6.34	10.64	13.35
Total Debt	31.86B	43.07B	65.37B	59.01B	57B
Debt Equivalent of Unfunded Proj. Benefit Obligation	119M	78M	125M	134M	163M
Net Debt	-87.23B	-42.24B	-13.28B	-24.53B	-39.92B
Full Time Employees	33.4K	35.3K	33K	32.1K	33K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	5.86B	7.18B	5.07B	5.94B	8.85B
Depreciation, Depletion & Amortization	549M	652M	804M	916M	850M
Amortization of Goodwill and Intangible Assets - (CF)	615M	596M	534M	519M	512M
Total Depreciation, Depletion & Amortization	1.16B	1.25B	1.34B	1.44B	1.36B
(Gain) Loss on Sale of Investments - (CF)	2.35B	1.38B	830M	806M	695M
Provision for Credit Losses	-	-	-	-	-
Stock-Based Compensation (CF)	254M	366M	320M	337M	317M
Change in Accounts Receivable	-26.17B	23.95B	-2.14B	-15.89B	-24.14B
Change in Accounts Payable	21.47B	-28.23B	-12.65B	23.46B	27.14B
Change in Other Net Operating Assets (Collected)	-3.23B	-4.3B	26.6B	-13.78B	-6B
Other Operating Activities	425M	472M	224M	361M	1.09B
Cash from Operations	2.12B	2.06B	19.59B	2.67B	9.31B
Capital Expenditure	-916M	-971M	-700M	-620M	-548M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-63.51B	39.35B	58.95B	40.86B	37.63B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-10.84B	-5.79B	99M	-4.79B	-12.81B
Other Investing Activities, Total	-388M	-544M	-935M	-18M	265M
Cash from Investing	-75.66B	32.05B	57.41B	35.43B	24.54B
Short Term Debt Issued, Total	11.11B	18.7B	66.2B	50.02B	65.41B
Long-Term Debt Issued, Total	7.04B	2.97B	6.1B	-	1.99B
Total Debt Issued	18.14B	21.67B	72.3B	50.02B	67.39B
Short Term Debt Repaid, Total	-6.26B	-6.51B	-50.3B	-60.27B	-79.39B
Long-Term Debt Repaid, Total	-1.82B	-1.04B	-831M	-3.68B	-2.25B
Total Debt Repaid	-8.08B	-7.55B	-51.14B	-63.95B	-81.64B
Issuance of Common Stock	221M	64M	49M	84M	156M
Repurchase of Common Stock	-	-3.4B	-2.84B	-	-7.35B
Issuance of Preferred Stock	2.81B	740M	-	-	-
Repurchase of Preferred Stock	-600M	-1B	-467M	-	-2.46B
Common Dividends Paid	-1.37B	-1.6B	-1.84B	-1.84B	-1.96B
Preferred Dividends Paid	-456M	-505M	-438M	-437M	-371M
Common & Preferred Stock Dividends Paid	-1.82B	-2.11B	-2.28B	-2.28B	-2.33B
Other Financing Activities, Total	85.65B	-77.15B	-76.87B	-30.93B	-3.48B
Cash from Financing	96.32B	-68.72B	-61.24B	-47.06B	-29.7B
Net Change in Cash	22.78B	-34.62B	15.75B	-8.96B	4.15B
Supplemental Items
Cash Interest Paid	501M	1.36B	5.62B	6.66B	4.56B
Cash Income Tax Paid (Refund)	2.05B	2.13B	1.62B	1.49B	1.58B
Net Debt Issued / Repaid	10.07B	14.13B	21.16B	-13.94B	-14.25B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.96	1.18	0.97	1.22	1.82
Return On Equity %	10.43	15.47	13.06	13.3	18.1
Return on Common Equity	11.33	18.13	15.85	15.44	20.57
Margin Analysis
Gross Profit Margin %	96.83	97.17	96.66	96.99	97.41
SG&A Margin	41.72	40.67	47.31	45.19	39.9
Income From Continuing Operations Margin %	31.61	34.6	26.9	30.31	37.01
Net Income Margin %	31.61	34.6	26.9	30.31	37.01
Net Avail. For Common Margin %	28.94	31.96	24.68	27.94	35.19
Normalized Net Income Margin	27.56	29.41	24.04	24.99	29.86
Asset Turnover
Asset Turnover	0.03	0.03	0.04	0.04	0.05
Short Term Liquidity
Current Ratio	0.42	0.4	0.45	0.53	0.63
Quick Ratio	0.42	0.4	0.45	0.53	0.63
Operating Cash Flow to Current Liabilities	0	0	0.05	0.01	0.02
Long Term Solvency
Total Debt/Equity	56.63	117.66	159.6	121.99	115.32
Total Debt / Total Capital	36.15	54.06	61.48	54.95	53.56
LT Debt/Equity	34.94	56.71	56.49	42.96	37.94
Long-Term Debt / Total Capital	22.3	26.05	21.76	19.35	17.62
Total Liabilities / Total Assets	91.57	93.37	91.7	89.92	89.93
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	58.41	12.11	-9.27	3.55	22.01
Gross Profit, 1 Yr. Growth %	58.17	12.5	-9.75	3.88	22.54
Earnings From Cont. Operations, 1 Yr. Growth %	77.48	22.68	-29.46	17.27	48.97
Net Income, 1 Yr. Growth %	77.48	22.68	-29.46	17.27	48.97
Normalized Net Income, 1 Yr. Growth %	72.92	19.62	-25.84	4.33	45.77
Diluted EPS Before Extra, 1 Yr. Growth %	33.49	23.67	-27.43	17.72	55.52
Common Equity, 1 Yr. Growth %	-4.18	-41.91	18.08	23.35	8.88
Total Assets, 1 Yr. Growth %	21.54	-17.31	-10.62	-2.7	2.32
Tangible Book Value, 1 Yr. Growth %	-5.34	-75.33	87.54	68.66	20.46
Cash From Operations, 1 Yr. Growth %	-69.09	-2.88	852.21	-86.37	248.73
Capital Expenditures, 1 Yr. Growth %	45.17	6	-27.91	-11.43	-11.61
Dividend Per Share, 1 Yr. Growth %	0	16.67	19.05	0	8
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	31.43	33.26	0.85	-2.82	12.4
Gross Profit, 2 Yr. CAGR %	30.89	33.39	0.76	-2.92	12.82
Earnings From Cont. Operations, 2 Yr. CAGR %	25.73	47.56	-6.97	-9.05	32.17
Net Income, 2 Yr. CAGR %	25.73	47.56	-6.97	-9.05	32.17
Normalized Net Income, 2 Yr. CAGR %	29.45	43.82	-5.81	-10.42	23.32
Diluted EPS Before Extra, 2 Yr. CAGR %	2.95	28.49	-5.26	-7.57	35.3
Common Equity, 2 Yr. CAGR %	56.31	-25.39	-17.17	20.69	15.89
Total Assets, 2 Yr. CAGR %	50.65	0.25	-14.03	-6.75	-0.22
Tangible Book Value, 2 Yr. CAGR %	19.14	-51.67	-31.98	77.85	42.54
Cash From Operations, 2 Yr. CAGR %	-52.34	-45.21	204.1	13.93	-31.05
Capital Expenditures, 2 Yr. CAGR %	13.74	24.05	-12.58	-20.09	-11.52
Dividend Per Share, 2 Yr. CAGR %	2.9	8.01	17.85	9.11	3.92
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	22.27	24.65	17.23	1.92	4.83
Gross Profit, 3 Yr. CAGR %	21.94	24.44	17.1	1.97	4.92
Earnings From Cont. Operations, 3 Yr. CAGR %	18.63	24.7	15.38	0.49	7.21
Net Income, 3 Yr. CAGR %	18.63	24.7	15.38	0.49	7.21
Normalized Net Income, 3 Yr. CAGR %	21.42	26.08	15.33	-1.36	5.36
Diluted EPS Before Extra, 3 Yr. CAGR %	4.92	9.44	6.21	1.85	9.93
Common Equity, 3 Yr. CAGR %	37.34	12.39	-13.05	-5.42	16.61
Total Assets, 3 Yr. CAGR %	31.05	23.35	-3.51	-10.41	-3.82
Tangible Book Value, 3 Yr. CAGR %	14.82	-29.52	-24.06	-7.93	56.19
Cash From Operations, 3 Yr. CAGR %	-44.6	-39.58	41.92	8.03	65.42
Capital Expenditures, 3 Yr. CAGR %	17.13	11.1	3.52	-12.2	-17.36
Dividend Per Share, 3 Yr. CAGR %	16.11	7.3	11.57	11.57	8.74
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	19.94	19.23	13.2	12.83	15.39
Gross Profit, 5 Yr. CAGR %	19.94	19.19	12.98	12.68	15.5
Earnings From Cont. Operations, 5 Yr. CAGR %	25.39	25	7.64	9.91	21.82
Net Income, 5 Yr. CAGR %	25.39	25	7.64	9.91	21.82
Normalized Net Income, 5 Yr. CAGR %	22.36	21.76	9.69	9.97	19.33
Diluted EPS Before Extra, 5 Yr. CAGR %	16.65	16.8	0.72	2.29	17.01
Common Equity, 5 Yr. CAGR %	27.7	11.33	12.19	15.64	-2.46
Total Assets, 5 Yr. CAGR %	24.47	17.8	10.71	10.29	-2.21
Tangible Book Value, 5 Yr. CAGR %	15.28	-15.61	-6.87	2.06	-2.31
Cash From Operations, 5 Yr. CAGR %	-10.08	19.64	9.48	-22.13	6.33
Capital Expenditures, 5 Yr. CAGR %	21.5	19.41	4.19	-2.62	-2.78
Dividend Per Share, 5 Yr. CAGR %	21.67	21.29	16.8	8.02	8.45