TFS Financial (TFSL) financial statements
TFS Financial reported revenue of $321M in fiscal 2025, up 0.9% a year over 9 years.
Net income was $91M.
Free cash flow was $71M, and the company returned $60M in dividends and $4M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from TFS Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $295M | $299M | $302M | $286M | $296M | $287M | $291M | $305M | $303M | $321M |
| Interest expense | $118M | $130M | $162M | $217M | $213M | $158M | $142M | $328M | — | — |
| Pre-tax income | $122M | $133M | $121M | $102M | $100M | $100M | $92M | $93M | $100M | $115M |
| Income tax | $42M | $44M | $36M | $22M | $17M | $19M | $17M | $18M | $21M | $24M |
| Net income | $81M | $89M | $85M | $80M | $83M | $81M | $75M | $75M | $80M | $91M |
| EPS (diluted) | $0.28 | $0.32 | $0.30 | $0.28 | $0.29 | $0.29 | $0.26 | $0.26 | $0.28 | $0.32 |
| Diluted shares | 284M | 279M | 277M | 277M | 278M | 279M | 279M | 279M | 279M | 280M |
| Net margin | 27.3% | 29.8% | 28.2% | 28.1% | 28.2% | 28.2% | 25.6% | 24.7% | 26.3% | 28.3% |
Balance sheet
Fiscal years, from TFS 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 | $231M | $268M | $270M | $275M | $498M | $488M | $370M | $467M | $464M | $429M |
| Property, plant and equipment | $61M | $61M | $63M | $62M | $42M | $37M | $35M | $35M | $33M | $40M |
| Total assets | $12.9B | $13.7B | $14.1B | $14.5B | $14.6B | $14.1B | $15.8B | $16.9B | $17.1B | $17.5B |
| Total liabilities | $11.2B | $12.0B | $12.4B | $12.8B | $13.0B | $12.3B | $13.9B | $15.0B | $15.2B | $15.6B |
| Shareholders' equity | $1.7B | $1.7B | $1.8B | $1.7B | $1.7B | $1.7B | $1.8B | $1.9B | $1.9B | $1.9B |
| Net debt | -$231M | -$268M | -$270M | -$275M | -$498M | -$488M | -$370M | -$467M | -$464M | -$429M |
Cash flow
Fiscal years, from TFS Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $85M | $101M | $92M | $103M | $122M | $83M | $39M | $91M | $89M | $82M |
| Capital spending | $9M | $4M | $8M | $4M | $3M | $1M | $3M | $5M | $3M | $11M |
| Free cash flow | $76M | $97M | $84M | $99M | $119M | $82M | $36M | $86M | $86M | $71M |
| Stock-based compensation | $13M | $11M | $11M | $12M | $12M | $14M | $11M | $10M | $10M | $10M |
| Dividends paid | $23M | $28M | $38M | $50M | $55M | $57M | $58M | $58M | $59M | $60M |
| Share buybacks (net) | -$128M | -$54M | -$20M | -$9M | -$2M | -$6M | -$6M | -$6M | -$2M | -$4M |
| Net borrowing | $550M | $953M | $50M | $181M | -$381M | -$430M | $596M | $272M | $298M | -$202M |
| Free cash flow margin | 25.7% | 32.5% | 27.7% | 34.7% | 40.1% | 28.5% | 12.4% | 28.1% | 28.2% | 22.1% |
| Dividends per share | $0.08 | $0.10 | $0.14 | $0.18 | $0.20 | $0.20 | $0.21 | $0.21 | $0.21 | $0.21 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for TFSL.
Open TFSL in InvestinglyQuestions
What was TFS Financial's revenue in 2025?
$321M in fiscal 2025, from its 10-K filing.
How much free cash flow does TFS Financial generate?
$71M in fiscal 2025 (operating cash flow minus capital spending).
From TFS Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.