Stifel Financial (SF) financial statements
Stifel Financial reported revenue of $6.3B in fiscal 2025, up 10.2% a year over 9 years.
Net income was $646M.
Free cash flow was $1.1B, and the company returned $245M in net buybacks.
The diluted share count fell 37% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Stifel Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.6B | $3.0B | $2.2B | $2.4B | $2.7B | $3.6B | $4.6B | $5.2B | $6.0B | $6.3B |
| Operating income | — | — | — | — | — | — | $885M | $707M | $928M | — |
| Interest expense | $67M | $70M | $170M | $178M | $66M | $46M | $201M | $810M | $981M | $818M |
| Pre-tax income | $143M | $270M | $534M | $599M | $651M | $1.1B | $885M | $707M | $928M | $871M |
| Income tax | $61M | $87M | $140M | $149M | $148M | $242M | $223M | $184M | $197M | $187M |
| Net income | $82M | $183M | $394M | $448M | $503M | $825M | $625M | $485M | $694M | $646M |
| EPS (diluted) | $0.44 | $0.95 | $2.10 | $2.44 | $2.77 | $4.44 | $3.55 | $4.28 | $6.25 | $5.87 |
| Diluted shares | 175M | 182M | 183M | 177M | 172M | 178M | 176M | 113M | 111M | 110M |
| Operating margin | — | — | — | — | — | — | 19.3% | 13.7% | 15.6% | — |
| Net margin | 3.1% | 6.1% | 18.0% | 19.1% | 18.8% | 22.8% | 13.6% | 9.4% | 11.7% | 10.2% |
Balance sheet
Fiscal years, from Stifel Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $913M | $696M | $1.9B | $1.1B | $2.3B | $2.0B | $2.2B | $3.4B | $2.6B | $2.3B |
| Property, plant and equipment | $173M | $155M | $373M | $1.1B | $168M | $168M | $200M | $192M | $193M | $197M |
| Goodwill | $962M | $1.0B | $1.0B | $1.2B | $1.2B | $1.3B | $1.3B | $1.4B | $1.4B | $1.5B |
| Total assets | $19.1B | $21.4B | $24.5B | $24.6B | $26.6B | $34.0B | $37.2B | $37.7B | $39.9B | $41.3B |
| Total liabilities | $16.4B | $18.5B | $21.3B | $20.9B | $22.4B | $29.0B | $31.9B | $32.4B | $34.2B | $35.3B |
| Shareholders' equity | $2.7B | $2.9B | $3.2B | $3.6B | $4.2B | $5.0B | $5.3B | $5.3B | $5.7B | $6.0B |
| Net debt | -$913M | -$696M | -$1.9B | -$1.1B | -$2.3B | -$2.0B | -$2.2B | -$3.4B | -$2.6B | -$2.3B |
Cash flow
Fiscal years, from Stifel Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$441M | $680M | $530M | $627M | $1.7B | $872M | $1.2B | $499M | $490M | $1.1B |
| Capital spending | $28M | $28M | $108M | $158M | $73M | $188M | $82M | $52M | $74M | $62M |
| Free cash flow | -$470M | $652M | $421M | $469M | $1.6B | $684M | $1.1B | $447M | $417M | $1.1B |
| Stock-based compensation | $186M | $140M | $101M | $102M | $108M | $119M | $136M | $140M | $154M | $164M |
| Share buybacks (net) | -$113M | -$13M | -$170M | -$215M | -$58M | -$173M | -$106M | -$444M | -$144M | -$245M |
| Net borrowing | $279M | -$242M | -$224M | -$63M | — | — | — | — | — | — |
| Free cash flow margin | -17.8% | 21.7% | 19.3% | 19.9% | 59.3% | 18.9% | 23.4% | 8.7% | 7.0% | 16.6% |
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Open SF in InvestinglyQuestions
What was Stifel Financial's revenue in 2025?
$6.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does Stifel Financial generate?
$1.1B in fiscal 2025 (operating cash flow minus capital spending).
From Stifel Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.