SCHW
Income statement / Annual
Last year (2023), The Charles Schwab Corporation's total revenue was $18.84 B,
a decrease of 9.27% from the previous year.
In 2023, The Charles Schwab Corporation's net income was $5.07 B.
See The Charles Schwab Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$18.84 B
|
$20.76 B
|
$18.52 B
|
$11.69 B
|
$10.72 B
|
$10.13 B
|
$8.62 B
|
$7.47 B
|
$6.37 B
|
$6.05 B
|
| Cost of Revenue |
$8.63 B |
$3.17 B |
$2.24 B |
$1.58 B |
$2.09 B |
$1.57 B |
$1.03 B |
$798.00 M |
$0.00 |
$0.00 |
| Gross Profit |
$10.21 B |
$17.59 B |
$16.28 B |
$10.12 B |
$8.63 B |
$8.56 B |
$7.59 B |
$6.68 B |
$6.37 B |
$6.05 B |
| Gross Profit Ratio |
0.54 |
0.85 |
0.88 |
0.87 |
0.81 |
0.84 |
0.88 |
0.89 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.42
|
$0.41
|
$0.36
|
$0.41
|
$0.42
|
$0.41
|
$0.39
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$6.32 B
|
$5.94 B
|
$6.31 B
|
$4.47 B
|
$3.70 B
|
$3.49 B
|
$3.15 B
|
$2.70 B
|
$2.47 B
|
$2.41 B
|
| Selling & Marketing
Expenses |
$397.00 M
|
$419.00 M
|
$485.00 M
|
$326.00 M
|
$307.00 M
|
$313.00 M
|
$268.00 M
|
$265.00 M
|
$249.00 M
|
$245.00 M
|
| Selling, General &
Administrative Expenses |
$6.71 B
|
$6.36 B
|
$6.80 B
|
$4.80 B
|
$4.00 B
|
$3.80 B
|
$3.42 B
|
$2.97 B
|
$2.72 B
|
$2.65 B
|
| Other Expenses |
$0.00 |
-$16.18 B |
-$17.60 B |
-$12.19 B |
-$9.88 B |
$1.27 B |
$1.11 B |
$1.14 B |
$1.04 B |
$980.00 M |
| Operating Expenses |
$8.91 B |
-$9.83 B |
-$10.81 B |
-$7.39 B |
-$5.87 B |
$5.07 B |
$4.52 B |
$4.11 B |
$3.76 B |
$3.63 B |
| Cost And Expenses |
$18.84 B |
-$9.83 B |
-$10.81 B |
-$7.39 B |
-$5.87 B |
$5.07 B |
$4.52 B |
$4.11 B |
$3.76 B |
$3.63 B |
| Interest Income |
$16.11 B |
$12.23 B |
$8.51 B |
$6.53 B |
$7.58 B |
$6.68 B |
$4.62 B |
$3.49 B |
$2.66 B |
$2.37 B |
| Interest Expense |
$6.68 B |
$1.55 B |
$476.00 M |
$418.00 M |
$1.06 B |
$857.00 M |
$342.00 M |
$171.00 M |
$132.00 M |
$102.00 M |
| Depreciation &
Amortization |
$1.34 B
|
$12.27 B
|
$10.89 B
|
$7.52 B
|
$6.91 B
|
$6.18 B
|
$5.15 B
|
$4.54 B
|
$224.00 M
|
$199.00 M
|
| EBITDA |
$10.62 B
|
$11.29 B
|
$9.27 B
|
$5.19 B
|
$5.22 B
|
$5.11 B
|
$4.08 B
|
$3.32 B
|
$2.52 B
|
$2.32 B
|
| EBITDA Ratio |
0.56 |
0.59 |
0.48 |
0.42 |
0.48 |
0.57 |
0.49 |
0.45 |
0.41 |
0.4 |
| Operating Income Ratio
|
0.53
|
0.53
|
0.42
|
0.37
|
0.45
|
0.53
|
0.46
|
0.42
|
0.38
|
0.37
|
| Total Other
Income/Expenses Net |
-$3.55 B
|
-$2.93 B
|
$11.38 B
|
-$1.80 B
|
-$889.00 M
|
-$861.00 M
|
-$768.00 M
|
$6.10 B
|
$5.46 B
|
$5.34 B
|
| Income Before Tax |
$6.38 B |
$9.39 B |
$7.71 B |
$4.30 B |
$4.85 B |
$4.56 B |
$3.65 B |
$2.99 B |
$2.28 B |
$2.12 B |
| Income Before Tax Ratio
|
0.34
|
0.45
|
0.42
|
0.37
|
0.45
|
0.45
|
0.42
|
0.4
|
0.36
|
0.35
|
| Income Tax Expense |
$1.31 B |
$2.21 B |
$1.86 B |
$1.00 B |
$1.14 B |
$1.06 B |
$1.30 B |
$1.10 B |
$832.00 M |
$794.00 M |
| Net Income |
$5.07 B |
$7.18 B |
$5.86 B |
$3.30 B |
$3.70 B |
$3.51 B |
$2.35 B |
$1.89 B |
$1.45 B |
$1.32 B |
| Net Income Ratio |
0.27 |
0.35 |
0.32 |
0.28 |
0.35 |
0.35 |
0.27 |
0.25 |
0.23 |
0.22 |
| EPS |
2.55 |
3.52 |
2.84 |
2.13 |
2.69 |
2.6 |
1.76 |
1.43 |
1.1 |
1.01 |
| EPS Diluted |
2.54 |
3.5 |
2.83 |
2.12 |
2.67 |
2.58 |
1.74 |
1.42 |
1.09 |
1 |
| Weighted Average Shares
Out |
$1.82 B
|
$1.89 B
|
$1.89 B
|
$1.43 B
|
$1.31 B
|
$1.35 B
|
$1.34 B
|
$1.32 B
|
$1.32 B
|
$1.30 B
|
| Weighted Average Shares
Out Diluted |
$1.83 B
|
$1.89 B
|
$1.90 B
|
$1.44 B
|
$1.32 B
|
$1.36 B
|
$1.35 B
|
$1.33 B
|
$1.33 B
|
$1.32 B
|
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