Charles Schwab Cash Flow Statement
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Charles Schwab free cash flow
In fiscal 2025, Charles Schwab generated $9.31 billion of operating cash flow and spent $548.0 million on capital expenditures. That left free cash flow of $8.76 billion, a free-cash-flow margin of 36.6% of revenue. Free cash flow was up 327.5% from the prior year's $2.05 billion.
Charles Schwab returned $9.68 billion to shareholders: $2.33 billion in dividends and $7.35 billion in share repurchases, equal to 110% of free cash flow. Free cash flow covered dividend payments 3.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Charles Schwab cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 8.85B | 5.94B | 5.07B | 7.18B | 5.86B | 3.30B | 3.70B | 3.51B | 2.35B | 1.89B |
| Net Income growth (YoY) | +48.97% | +17.27% | -29.46% | +22.68% | +77.48% | -10.93% | +5.62% | +48.98% | +24.62% | +30.55% |
| Depreciation & Amortization | — | — | 804.00M | 652.00M | 549.00M | 414.00M | 322.00M | 277.00M | 269.00M | 234.00M |
| Stock-Based Compensation | 317.00M | 337.00M | 320.00M | 366.00M | 254.00M | 204.00M | 183.00M | 197.00M | 153.00M | 141.00M |
| Change in Working Capital | -1.49B | 310.00M | 1.48B | -750.00M | 170.00M | 2.86B | -950.00M | 605.00M | -920.00M | 74.00M |
| Operating Cash Flow | 9.31B | 2.67B | 19.59B | 2.06B | 2.12B | 6.85B | 9.32B | 12.46B | -839.00M | 3.60B |
| Capital Expenditures | -548.00M | -620.00M | -700.00M | -971.00M | -916.00M | -631.00M | -708.00M | -570.00M | -400.00M | -346.00M |
| Investing Cash Flow | 24.54B | 35.43B | 57.41B | 32.05B | -75.66B | -125.85B | 11.96B | -40.55B | -20.47B | -38.77B |
| Dividends Paid | -2.33B | -2.27B | -2.28B | -2.11B | -1.82B | -1.28B | -1.06B | -787.00M | -592.00M | -486.00M |
| Share Repurchases | -7.35B | 0 | -2.84B | -3.40B | 0 | 0 | -2.22B | -1.00B | 0 | 0 |
| Debt Issued | — | — | — | 2.97B | 7.04B | 3.07B | 593.00M | 3.02B | 2.13B | 0 |
| Debt Repaid | — | — | — | -1.04B | -1.82B | -700.00M | 0 | -909.00M | -257.00M | -7.00M |
| Financing Cash Flow | -29.70B | -47.06B | -61.24B | -68.72B | 96.32B | 143.98B | -13.94B | 47.17B | 22.60B | 34.96B |
| Net Change in Cash | 4.15B | -8.96B | 15.75B | -34.62B | 22.78B | 24.98B | 7.35B | 19.07B | 3.39B | -1.15B |
| Free Cash Flow | 8.76B | 2.05B | 18.89B | 1.09B | 1.20B | 6.22B | 8.62B | 11.89B | -1.24B | 3.26B |
This table shows 10 annual periods of Charles Schwab's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow SCHW's reporting calendar. What is a cash flow statement?