The Charles Schwab (SCHW) Financial Statements
Price: $73.51
Market Cap: $133.32B
Avg Volume: 11.33M
Market Cap: $133.32B
Avg Volume: 11.33M
Country: US
Industry: Financial - Capital Markets
Sector: Financial Services
Industry: Financial - Capital Markets
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of The Charles Schwab.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.61B | $18.84B | $20.76B | $18.52B | $11.69B | $10.72B | $10.13B | $8.62B | $7.48B | $6.37B |
| Cost of Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $19.61B | $18.84B | $20.76B | $18.52B | $11.69B | $10.72B | $10.13B | $8.62B | $7.48B | $6.37B |
| Gross Profit Ratio | 100.00% | 100.00% | 84.72% | 100.00% | 86.52% | 80.52% | 84.47% | 88.04% | 89.32% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $6.04B | $6.32B | $5.94B | $5.45B | $3.95B | $3.69B | $3.49B | $3.15B | $2.85B | $2.58B |
| Selling and Marketing Expenses | $397.00M | $397.00M | $419.00M | $485.00M | $326.00M | $307.00M | $313.00M | $268.00M | $265.00M | $249.00M |
| Selling General and Administrative Expenses | $6.44B | $6.71B | $6.36B | $5.93B | $4.28B | $4.00B | $3.80B | $3.42B | $3.11B | $2.83B |
| Other Expenses | $5.47B | $5.75B | $5.02B | $4.87B | $3.11B | $1.87B | $1.77B | $1.55B | $1.37B | $1.26B |
| Operating Expenses | $11.91B | $12.46B | $11.37B | $10.81B | $7.39B | $5.87B | $5.57B | $4.97B | $4.49B | $4.09B |
| Cost and Expenses | $11.91B | $12.46B | $11.37B | $10.81B | $7.39B | $5.87B | $5.57B | $4.97B | $4.49B | $4.09B |
| Interest Income | $15.54B | $16.11B | $12.23B | $8.51B | $6.53B | $7.58B | $6.68B | $4.62B | $3.49B | $2.66B |
| Interest Expense | $6.39B | $6.68B | $1.54B | $476.00M | $418.00M | $1.06B | $857.00M | $342.00M | $171.00M | $132.00M |
| Depreciation and Amortization | $916.00M | $1.34B | $1.25B | $1.16B | $604.00M | $349.00M | $306.00M | $269.00M | $234.00M | $224.00M |
| EBITDA | $8.61B | $7.72B | $10.64B | $8.88B | $4.90B | $5.20B | $4.87B | $3.92B | $3.23B | $2.50B |
| EBITDA Ratio | 24.22% | 56.36% | 58.67% | 47.93% | 41.95% | 48.47% | 56.50% | 49.44% | 45.47% | 41.37% |
| Operating Income | $7.69B | $6.38B | $9.39B | $7.71B | $4.30B | $4.85B | $4.56B | $3.65B | $2.99B | $2.28B |
| Operating Income Ratio | -40.11% | 52.69% | 52.66% | 41.65% | 36.78% | 45.22% | 53.48% | 46.32% | 42.34% | 37.86% |
| Total Other Income Expenses Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Income Before Tax | $7.69B | $6.38B | $9.39B | $7.71B | $4.30B | $4.85B | $4.56B | $3.65B | $2.99B | $2.28B |
| Income Before Tax Ratio | 84.12% | 33.86% | 45.22% | 41.65% | 36.78% | 45.22% | 45.03% | 42.35% | 40.05% | 35.78% |
| Income Tax Expense | $1.75B | $1.31B | $2.21B | $1.86B | $1.00B | $1.14B | $1.05B | $1.30B | $1.10B | $832.00M |
| Net Income | $5.94B | $5.07B | $7.18B | $5.86B | $3.30B | $3.70B | $3.51B | $2.35B | $1.89B | $1.45B |
| Net Income Ratio | 64.98% | 26.90% | 34.60% | 31.61% | 28.22% | 34.55% | 34.61% | 27.31% | 25.28% | 22.72% |
| EPS | $3.00 | $2.55 | $3.52 | $2.84 | $2.13 | $2.69 | $2.47 | $1.63 | $1.32 | $1.04 |
| EPS Diluted | $2.99 | $2.54 | $3.50 | $2.83 | $2.12 | $2.67 | $2.45 | $1.61 | $1.31 | $1.03 |
| Weighted Average Shares Outstanding | 1.83B | 1.82B | 1.89B | 1.89B | 1.43B | 1.31B | 1.35B | 1.34B | 1.32B | 1.31B |
| Weighted Average Shares Outstanding Diluted | 1.83B | 1.83B | 1.89B | 1.90B | 1.44B | 1.32B | 1.36B | 1.35B | 1.33B | 1.33B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $42.08B | $43.34B | $40.20B | $62.98B | $40.35B | $29.30B | $27.94B | $14.22B | $10.83B | $11.98B |
| Short Term Investments | $82.99B | $105.91B | $147.87B | $390.05B | $337.40B | $61.42B | $66.58B | $49.99B | $77.36B | $65.65B |
| Cash and Short Term Investments | $125.08B | $149.25B | $188.07B | $453.03B | $377.75B | $90.72B | $94.52B | $64.21B | $88.19B | $77.62B |
| Net Receivables | $90.68B | $73.57B | $71.24B | $95.29B | $67.95B | $23.15B | $23.10B | $22.10B | $18.66B | $18.52B |
| Inventory | $- | $- | $142.68B | $199.12B | $143.79B | $63.95B | $- | $- | $- | $- |
| Other Current Assets | $- | $- | $- | $- | $- | $- | $122.00M | $126.00M | $90.00M | $101.00M |
| Total Current Assets | $210.45B | $222.82B | $259.31B | $548.32B | $445.69B | $113.87B | $94.93B | $64.67B | $88.64B | $78.01B |
| Property Plant Equipment Net | $3.34B | $4.32B | $4.61B | $4.28B | $3.82B | $2.71B | $1.77B | $1.47B | $1.30B | $1.15B |
| Goodwill | $11.95B | $11.95B | $11.95B | $11.95B | $11.95B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B |
| Intangible Assets | $7.74B | $8.26B | $8.79B | $9.38B | $9.99B | $128.00M | $152.00M | $108.00M | $144.00M | $181.00M |
| Goodwill and Intangible Assets | $19.69B | $20.21B | $20.74B | $21.33B | $21.94B | $1.35B | $1.38B | $1.33B | $1.37B | $1.41B |
| Long Term Investments | $- | $201.28B | $324.51B | $393.16B | $339.11B | $197.48B | $211.55B | $171.84B | $153.34B | $116.37B |
| Tax Assets | $- | $- | $7.91B | $667.27B | $549.01B | $294.00B | $3.00M | $76.00M | $143.00M | $- |
| Other Non-Current Assets | $- | $44.55B | $-7.91B | $-667.27B | $-549.01B | $-294.00B | $-13.15B | $3.88B | $-21.41B | $-13.21B |
| Total Non-Current Assets | $23.03B | $270.36B | $349.86B | $418.78B | $364.87B | $201.54B | $201.56B | $178.60B | $134.74B | $105.71B |
| Other Assets | $246.36B | $- | $-57.39B | $-299.83B | $-261.56B | $-21.41B | $- | $- | $- | $- |
| Total Assets | $479.84B | $493.18B | $551.77B | $667.27B | $549.01B | $294.00B | $296.48B | $243.27B | $223.38B | $183.72B |
| Account Payables | $114.89B | $84.79B | $97.44B | $125.67B | $104.20B | $39.22B | $32.73B | $32.53B | $38.30B | $35.77B |
| Short Term Debt | $22.70B | $32.95B | $17.05B | $4.86B | $- | $- | $- | $15.00B | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $102.22B | $38.37B | $-8.00M | $- | $-258.00M | $- |
| Other Current Liabilities | $-137.59B | $289.95B | $-114.49B | $-130.53B | $-206.42B | $-77.59B | $-32.73B | $172.53B | $-38.30B | $-35.77B |
| Total Current Liabilities | $137.59B | $407.69B | $114.49B | $130.53B | $104.20B | $39.20B | $268.99B | $220.06B | $204.15B | $167.50B |
| Long Term Debt | $22.43B | $26.79B | $20.90B | $18.91B | $13.63B | $7.43B | $6.88B | $4.75B | $2.88B | $2.88B |
| Deferred Revenue Non-Current | $- | $- | $-2.54B | $611.01B | $492.95B | $272.26B | $275.81B | $224.75B | $206.96B | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $2.54B | $741.00M | $851.00M | $574.00M | $52.00M | $61.00M | $68.00M | $- |
| Other Non-Current Liabilities | $403.04B | $425.43B | $-20.90B | $587.24B | $-13.63B | $-7.43B | $268.93B | $205.00B | $204.09B | $-2.88B |
| Total Non-Current Liabilities | $425.47B | $452.22B | $114.49B | $18.91B | $13.63B | $7.43B | $6.83B | $4.69B | $2.81B | $2.80B |
| Other Liabilities | $-131.59B | $-407.69B | $286.19B | $461.57B | $375.12B | $225.67B | $- | $- | $- | $13.00M |
| Total Liabilities | $431.47B | $452.22B | $515.16B | $611.01B | $492.95B | $272.30B | $275.81B | $224.75B | $206.96B | $170.32B |
| Preferred Stock | $9.19B | $9.19B | $9.71B | $9.95B | $7.73B | $2.79B | $2.79B | $2.79B | $2.78B | $1.46B |
| Common Stock | $20.00M | $21.00M | $21.00M | $21.00M | $21.00M | $15.00M | $15.00M | $15.00M | $15.00M | $15.00M |
| Retained Earnings | $37.57B | $33.90B | $31.07B | $25.99B | $21.98B | $19.96B | $17.33B | $14.41B | $12.65B | $11.25B |
| Accumulated Other Comprehensive Income Loss | $-14.85B | $-18.13B | $-22.62B | $-1.11B | $5.39B | $88.00M | $-252.00M | $-152.00M | $-163.00M | $-134.00M |
| Other Total Stockholders Equity | $16.44B | $15.98B | $18.44B | $21.40B | $20.94B | $-1.11B | $785.00M | $1.46B | $1.14B | $809.00M |
| Total Stockholders Equity | $48.38B | $40.96B | $36.61B | $56.26B | $56.06B | $21.70B | $20.67B | $18.52B | $16.42B | $13.40B |
| Total Equity | $48.38B | $40.96B | $4.04B | $-22.87B | $-5.12B | $-11.02B | $-6.76B | $15.52B | $-4.16B | $13.40B |
| Total Liabilities and Stockholders Equity | $479.84B | $493.18B | $551.77B | $667.27B | $549.01B | $294.00B | $296.48B | $243.27B | $223.38B | $183.72B |
| Minority Interest | $- | $- | $-32.57B | $-79.13B | $-61.18B | $-32.72B | $-27.43B | $-3.01B | $-20.58B | $- |
| Total Liabilities and Total Equity | $479.84B | $493.18B | $551.77B | $667.27B | $549.01B | $294.00B | $296.48B | $243.27B | $223.38B | $183.72B |
| Total Investments | $82.99B | $307.20B | $472.38B | $783.22B | $676.51B | $258.90B | $278.13B | $221.83B | $230.71B | $182.01B |
| Total Debt | $45.13B | $59.08B | $37.88B | $23.77B | $13.63B | $7.43B | $6.88B | $19.75B | $2.88B | $2.89B |
| Net Debt | $3.05B | $15.74B | $-2.32B | $-39.21B | $-26.72B | $-21.87B | $-21.06B | $5.54B | $-7.95B | $-9.09B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $- | $5.07B | $7.18B | $5.86B | $3.30B | $3.70B | $3.51B | $2.35B | $1.89B | $1.45B |
| Depreciation and Amortization | $1.44B | $1.34B | $1.25B | $1.16B | $604.00M | $349.00M | $306.00M | $269.00M | $234.00M | $224.00M |
| Deferred Income Tax | $-191.00M | $-478.00M | $-18.00M | $53.00M | $-138.00M | $2.00M | $49.00M | $58.00M | $15.00M | $-7.00M |
| Stock Based Compensation | $337.00M | $320.00M | $366.00M | $254.00M | $204.00M | $183.00M | $197.00M | $153.00M | $141.00M | $135.00M |
| Change in Working Capital | $-6.21B | $11.81B | $-8.59B | $-7.93B | $948.00M | $4.44B | $7.91B | $-1.96B | $113.00M | $-700.00M |
| Accounts Receivables | $- | $-2.13B | $23.95B | $-26.17B | $-14.61B | $-125.00M | $-1.10B | $-3.43B | $150.00M | $-1.65B |
| Inventory | $- | $- | $- | $170.00M | $2.86B | $-950.00M | $605.00M | $6.21B | $-2.83B | $2.09B |
| Accounts Payables | $- | $-12.65B | $-28.23B | $21.47B | $22.91B | $6.49B | $1.48B | $-4.65B | $2.71B | $-1.12B |
| Other Working Capital | $-6.21B | $26.59B | $-4.30B | $-3.40B | $-10.21B | $-977.00M | $6.92B | $-90.00M | $84.00M | $-17.00M |
| Other Non Cash Items | $7.30B | $1.53B | $1.86B | $2.72B | $1.94B | $645.00M | $487.00M | $393.00M | $270.00M | $147.00M |
| Net Cash Provided by Operating Activities | $2.67B | $19.59B | $2.06B | $2.12B | $6.85B | $9.32B | $12.46B | $1.26B | $2.66B | $1.25B |
| Investments in Property Plant and Equipment | $- | $-700.00M | $-971.00M | $-916.00M | $-631.00M | $-708.00M | $-570.00M | $-400.00M | $-346.00M | $-266.00M |
| Acquisitions Net | $- | $- | $- | $-10.85B | $14.75B | $-1.73B | $-129.00M | $-1.07B | $-1.10B | $-980.00M |
| Purchases of Investments | $-2.99B | $-3.58B | $-51.01B | $-171.73B | $-202.17B | $-51.26B | $-73.67B | $-47.96B | $-60.41B | $-40.65B |
| Sales Maturities of Investments | $43.84B | $60.43B | $90.36B | $108.22B | $68.05B | $65.72B | $33.54B | $29.34B | $23.19B | $13.30B |
| Other Investing Activities | $-5.42B | $1.25B | $-6.33B | $-388.00M | $-5.84B | $-59.00M | $277.00M | $-383.00M | $-103.00M | $-27.00M |
| Net Cash Used for Investing Activities | $35.43B | $57.41B | $32.05B | $-75.66B | $-125.85B | $11.96B | $-40.55B | $-20.47B | $-38.77B | $-28.62B |
| Debt Repayment | $-13.94B | $21.16B | $1.94B | $10.07B | $2.37B | $593.00M | $2.12B | $16.87B | $-7.00M | $989.00M |
| Common Stock Issued | $- | $49.00M | $804.00M | $106.93B | $5.02B | $- | $- | $663.00M | $1.46B | $- |
| Common Stock Repurchased | $- | $-3.31B | $-4.39B | $-600.00M | $-5.02B | $-2.22B | $-1.00B | $-485.00M | $- | $- |
| Dividends Paid | $-2.27B | $-2.28B | $-2.11B | $-1.82B | $-1.28B | $-1.06B | $-787.00M | $-592.00M | $-486.00M | $-387.00M |
| Other Financing Activities | $-30.85B | $-77.29B | $-65.15B | $90.28B | $142.89B | $-11.25B | $46.84B | $6.33B | $35.46B | $27.39B |
| Net Cash Used Provided by Financing Activities | $-47.06B | $-61.24B | $-68.72B | $96.32B | $143.98B | $-13.94B | $47.17B | $22.60B | $34.96B | $27.99B |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-8.96B | $15.75B | $-34.62B | $22.78B | $24.98B | $7.35B | $19.07B | $3.39B | $-1.15B | $615.00M |
| Cash at End of Period | $65.51B | $74.47B | $58.72B | $93.34B | $70.56B | $45.58B | $38.23B | $14.22B | $10.83B | $11.98B |
| Cash at Beginning of Period | $74.47B | $58.72B | $93.34B | $70.56B | $45.58B | $38.23B | $19.16B | $10.83B | $11.98B | $11.36B |
| Operating Cash Flow | $2.67B | $19.59B | $2.06B | $2.12B | $6.85B | $9.32B | $12.46B | $1.26B | $2.66B | $1.25B |
| Capital Expenditure | $-620.00M | $-700.00M | $-971.00M | $-916.00M | $-631.00M | $-708.00M | $-570.00M | $-400.00M | $-346.00M | $-266.00M |
| Free Cash Flow | $2.05B | $18.89B | $1.09B | $1.20B | $6.22B | $8.62B | $11.89B | $863.00M | $2.32B | $980.00M |