Charles Schwab Corp (SCHW)

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including money market funds, and certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services. It provides digital and software based trading platforms; research tools, and multichannel support, real-time market data, options trading; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; retirement plan services; mutual fund clearing services; and advisor services, including interactive tools and educational content. The Company operates through branch offices. The Charles Schwab Corporation was founded in 1971 and is headquartered in Westlake, Texas.

Symbol: SCHW
Exchange: NYSE
Sector: Financial Services
Industry: Capital Markets
Market cap: $170.74B
52 week range: 83.96 - 114.53

Valuation

Share price: $98.37 (close of 2026-10-01)
P/E (TTM): 17.86x
Price to book: 3.40x
Price to free cash flow: 15.83x
Enterprise value: $167.51B
Book value per share: $28.90

Price performance

Period	Change
1 day	+0.64%
5 days	-1.13%
1 month	-9.15%
3 months	+2.70%
6 months	+6.51%
Year to date	-1.54%
1 year	+6.63%
3 years	+79.18%
5 years	+32.18%
10 years	+211.59%
All time	+27225.00%

Members of Congress who disclosed SCHW trades

Gilbert Ray Cisneros · Julie Johnson · Alan Armstrong · Josh Gottheimer · Lisa McClain · Bruce Westerman · Dan Newhouse · Jefferson Shreve · Marjorie Taylor Greene · Rick Allen · Sheri Biggs · Val Hoyle

Super investors holding SCHW

Dodge & Cox (Dodge & Cox Funds) · Bill Nygren (Harris Associates LP) · Andreas Halvorsen (Viking Global Investors) · Ruane Cunniff (Ruane, Cunniff & Goldfarb L.P.) · Yacktman Asset Mgmt (Yacktman Asset Management LP) · Francois Rochon (Giverny Capital Inc) · Greenhaven Associates (Greenhaven Associates Inc)

Profitability and growth

Return on equity: 17.91%
Return on assets: 1.80%
Net margin: 37.01%
EBITDA margin: 63.60%
Revenue growth: 22.01%
Net income growth: 48.97%
Free cash flow growth: 327.46%

Cash flow and balance sheet

Free cash flow yield (TTM): 6.32%
Net debt to EBITDA: -0.20x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $23.92B
EBITDA: $15.21B
Net income: $8.85B
Earnings per share: $4.67
Interest expense: $3.75B
Shares outstanding: 1.80B

Income statement by year

Period end	Revenue	Net income	EPS
2025-12-31	$23.92B	$8.85B	$4.67
2024-12-31	$19.61B	$5.94B	$3.00
2023-12-31	$18.84B	$5.07B	$2.55
2022-12-31	$20.76B	$7.18B	$3.52
2021-12-31	$18.52B	$5.86B	$2.84
2020-12-31	$11.69B	$3.30B	$2.13
2019-12-31	$10.72B	$3.70B	$2.69
2018-12-31	$10.13B	$3.51B	$2.47
2017-12-31	$8.62B	$2.35B	$1.63
2016-12-31	$7.48B	$1.89B	$1.32

Margins and returns by year

Period end	Net margin	Return on equity
2025-12-31	37.01%	17.91%
2024-12-31	30.31%	12.28%
2023-12-31	26.90%	12.37%
2022-12-31	34.60%	19.62%
2021-12-31	31.61%	10.41%
2020-12-31	28.22%	5.88%
2019-12-31	34.55%	17.03%
2018-12-31	34.61%	16.97%
2017-12-31	27.31%	12.71%
2016-12-31	25.26%	11.50%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$46.03B	-
2024-12-31	$42.08B	-
2023-12-31	$43.34B	-
2022-12-31	$40.20B	-
2021-12-31	$62.98B	$18.91B
2020-12-31	$40.35B	$13.63B
2019-12-31	$29.34B	$7.43B
2018-12-31	$27.94B	-
2017-12-31	$14.22B	-
2016-12-31	$10.83B	-

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$8.76B	$317.00M
2024-12-31	$2.05B	$337.00M
2023-12-31	$18.89B	$320.00M
2022-12-31	$1.09B	$366.00M
2021-12-31	$1.20B	$254.00M
2020-12-31	$6.22B	$204.00M
2019-12-31	$8.62B	$183.00M
2018-12-31	$11.89B	$197.00M
2017-12-31	-$1.24B	$153.00M
2016-12-31	$3.26B	$141.00M