Raymond James Financial (RJF) vs State Street (STT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
State Street (STT) has outperformed Raymond James Financial (RJF) over the past year, gaining 50.0% versus a loss of 4.0%. Over five years, STT leads with a +88.8% price change compared with +58.3% for RJF. State Street is the larger company by market cap ($48.10 billion vs $30.47 billion), about 1.6 times the size.
On valuation, Raymond James Financial trades at a lower forward P/E (11.1x vs 11.4x for State Street). State Street offers the higher dividend yield (1.92% vs 1.34%). State Street converts more of its revenue into profit, with a net margin of 21.1% versus 13.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | RJF | STT |
|---|---|---|
| Share price | $158.60 | $175.09 |
| Market cap | $30.47B | $48.10B |
| 1-day change | +0.86% | +0.52% |
| YTD return | -1.24% | +35.72% |
| 1-year return | -3.97% | +50.05% |
| 5-year return | +58.27% | +88.82% |
| P/E ratio (TTM) | 13.83 | 15.44 |
| Forward P/E | 11.12 | 11.35 |
| EPS (TTM) | $11.47 | $11.34 |
| Dividend yield | 1.34% | 1.92% |
| Annual dividend | $2.12 | $3.36 |
| Revenue (latest FY) | $15.91B | $13.94B |
| Revenue growth (YoY) | +6.63% | +7.26% |
| Net income (latest FY) | $2.13B | $2.94B |
| Net margin | 13.42% | 21.12% |
| 52-week high | $182.73 | $195.93 |
| 52-week low | $138.82 | $104.64 |
| Distance from 52-week high | -13.21% | -10.64% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +17.05% | +13.67% |
| Average volume | 1.20M | 1.92M |
| Shares outstanding | 192.10M | 274.70M |
| Employees | 19,500 | 50,596 |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- STT has outperformed RJF by 54.0 percentage points over the past year.
- State Street is more profitable, keeping 21.1 cents of every revenue dollar as net income versus 13.4 cents for Raymond James Financial.
About Raymond James Financial
RJF stock →Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services.
Financial Services · Asset Management · 19,500 employees
About State Street
STT stock →State Street Corporation provides various financial products and services to institutional investors. It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage, and other trading services; securities finance, such as prime services products; and deposit and short-term investment facilities.
Financial Services · Asset Management · 50,596 employees
RJF vs STT FAQ
Which is bigger, Raymond James Financial or State Street?
State Street (STT) is larger, with a market capitalization of $48.10B compared with $30.47B for Raymond James Financial (RJF).
Which stock has performed better over the past year, RJF or STT?
STT returned +50.05% over the past 12 months, compared with -3.97% for RJF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, RJF or STT?
RJF has the lower trailing P/E at 13.8, versus 15.4 for STT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Raymond James Financial or State Street?
State Street has the higher yield at 1.92%, compared with 1.34% for Raymond James Financial.
Are Raymond James Financial and State Street in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.