The Charles Schwab Corporation (SCHW) Key Metrics
SCHW valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $159.03B
- Enterprise value
- $130.41B
- P/E (TTM)
- 15.7 10-yr median 23.0
- Forward P/E
- 12.9
- PEG ratio
- 0.84
- Price / sales
- 5.9 10-yr median 6.4
- Price / book
- 3.9 10-yr median 3.0
- EV / EBITDA
- — 10-yr median 6.2
- Dividend yield
- 1.39% $1.28 a year
- Beta
- 0.78
SCHW key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSCHW valuation Price multiples at each fiscal year-end price.
SCHW returns How much profit the business earns on the capital it uses.
SCHW per-share figures Results divided by the shares outstanding at year-end.
SCHW financial health Debt, liquidity and how easily interest is covered.
SCHW efficiency & capital use Working capital cycle and where the cash goes.
SCHW valuation history
SCHW returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SCHW debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SCHW cash returned to shareholders
SCHW price vs earnings per share
SCHW key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $177.54B | $135.73B | $125.97B | $157.69B | $159.54B | $76.11B | $62.78B | $56.52B | $69.50B | $52.65B |
| Enterprise value | $100.39B | $56.17B | $35.80B | $7.55B | −$269.72B | −$286.02B | −$19.68B | −$31.11B | $25.04B | −$32.41B |
| P/E ratio | 20.1 | 22.8 | 24.9 | 22.0 | 27.2 | 23.1 | 16.9 | 16.1 | 29.5 | 27.9 |
| Price / sales | 6.4 | 5.2 | 4.9 | 7.1 | 8.4 | 6.3 | 5.3 | 5.1 | 7.8 | 6.9 |
| Price / book | 3.6 | 2.8 | 3.1 | 4.3 | 2.8 | 1.4 | 2.9 | 2.7 | 3.8 | 3.2 |
| Price / free cash flow | 20.3 | 66.2 | 6.7 | 145.2 | 132.7 | 12.2 | 7.3 | 4.8 | — | 16.2 |
| Price / operating cash flow | 19.1 | 50.8 | 6.4 | 76.7 | 75.3 | 11.1 | 6.7 | 4.5 | — | 14.6 |
| EV / sales | 3.6 | 2.2 | 1.4 | 0.3 | -14.2 | -23.6 | -1.7 | -2.8 | 2.8 | -4.2 |
| EV / EBITDA | 7.8 | 6.2 | 4.6 | 0.7 | — | — | — | — | 6.4 | — |
| EV / free cash flow | 11.5 | 27.4 | 1.9 | 6.9 | — | — | — | — | — | — |
| Earnings yield | 5.0% | 4.4% | 4.0% | 4.6% | 3.7% | 4.3% | 5.9% | 6.2% | 3.4% | 3.6% |
| Free cash flow yield | 4.9% | 1.5% | 15.0% | 0.7% | 0.8% | 8.2% | 13.7% | 21.0% | −1.8% | 6.2% |
| Dividend yield | 1.3% | 1.7% | 1.8% | 1.3% | 1.1% | 1.7% | 1.7% | 1.4% | 0.9% | 0.9% |
| Shareholder yield (dividends + buybacks) | 6.8% | 1.7% | 4.1% | 4.1% | 1.5% | 1.7% | 5.2% | 3.2% | 1.5% | 0.9% |
| Share price at fiscal year-end | $99.91 | $74.01 | $68.80 | $83.26 | $84.10 | $53.04 | $47.56 | $41.53 | $51.37 | $39.47 |
| Per share | ||||||||||
| Revenue per share | $15.57 | $14.18 | $13.94 | $11.78 | $10.01 | $8.44 | $8.93 | $8.07 | $6.62 | $5.73 |
| Earnings per share | $4.98 | $3.24 | $2.77 | $3.79 | $3.09 | $2.30 | $2.81 | $2.58 | $1.74 | $1.42 |
| Operating cash flow per share | $5.24 | $1.46 | $10.70 | $1.09 | $1.12 | $4.77 | $7.06 | $9.15 | −$0.62 | $2.70 |
| Free cash flow per share | $4.93 | $1.12 | $10.32 | $0.57 | $0.63 | $4.34 | $6.53 | $8.73 | −$0.92 | $2.44 |
| Cash per share | $60.84 | $67.99 | $81.51 | $99.27 | $238.81 | $263.24 | $68.73 | $69.45 | $47.46 | $66.11 |
| Book value per share | $27.81 | $26.38 | $22.37 | $19.33 | $29.66 | $39.07 | $16.44 | $15.19 | $13.69 | $12.31 |
| Tangible book value per share | $17.02 | $15.64 | $11.33 | $8.38 | $18.41 | $23.77 | $15.41 | $14.17 | $12.71 | $11.28 |
| Dividends per share | $1.31 | $1.24 | $1.24 | $1.11 | $0.96 | $0.89 | $0.80 | $0.58 | $0.44 | $0.36 |
| Capex per share | $0.31 | $0.34 | $0.38 | $0.51 | $0.48 | $0.44 | $0.54 | $0.42 | $0.30 | $0.26 |
| Debt per share | $17.42 | $24.61 | $32.27 | $20.00 | $12.53 | $10.88 | $6.26 | $5.06 | $14.60 | $2.35 |
| Shares outstanding | 1.78B | 1.83B | 1.83B | 1.89B | 1.90B | 1.44B | 1.32B | 1.36B | 1.35B | 1.33B |
| Change in shares outstanding | −3.1% | +0.2% | −3.3% | −0.2% | +32.2% | +8.7% | −3.0% | +0.6% | +1.4% | +0.5% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 18.1% | 13.3% | 13.1% | 15.5% | 10.4% | 8.5% | 17.5% | 17.9% | 13.5% | 12.7% |
| Return on assets (ROA) | 1.8% | 1.2% | 1.0% | 1.2% | 1.0% | 0.8% | 1.3% | 1.3% | 1.0% | 0.9% |
| Return on tangible assets | 1.9% | 1.3% | 1.1% | 1.4% | 0.9% | 0.6% | 1.3% | 1.2% | 1.0% | 0.9% |
| Free cash flow margin | 31.7% | 7.9% | 74.0% | 4.9% | 6.3% | 51.4% | 73.1% | 108.2% | −13.8% | 42.6% |
| Income quality (OCF / net income) | 1.05 | 0.45 | 3.87 | 0.29 | 0.36 | 2.08 | 2.52 | 3.55 | −0.36 | 1.91 |
| Financial health | ||||||||||
| Total debt | $30.95B | $45.13B | $59.08B | $37.88B | $23.77B | $15.62B | $8.26B | $6.89B | $19.75B | $3.13B |
| Cash & short-term investments | $108.11B | $124.70B | $149.25B | $188.03B | $453.03B | $377.75B | $90.72B | $94.52B | $64.21B | $88.19B |
| Net debt | −$77.16B | −$79.56B | −$90.17B | −$150.15B | −$429.26B | −$362.13B | −$82.46B | −$87.63B | −$44.46B | −$85.06B |
| Debt / equity | 0.63 | 0.93 | 1.44 | 1.03 | 0.42 | 0.28 | 0.38 | 0.33 | 1.07 | 0.19 |
| Debt / assets | 0.06 | 0.09 | 0.12 | 0.07 | 0.04 | 0.03 | 0.03 | 0.02 | 0.08 | 0.01 |
| Net debt / EBITDA | −6.02 | −8.72 | −11.69 | −14.12 | −48.36 | −73.84 | −15.87 | −18.00 | −11.34 | −26.36 |
| Current ratio | 0.53 | 0.54 | 0.54 | 0.52 | 0.93 | 4.28 | 2.90 | 0.35 | 0.39 | 0.43 |
| Quick ratio | 0.53 | 0.54 | 0.54 | 0.24 | 0.59 | 2.90 | 1.27 | 0.35 | −0.39 | −0.32 |
| Interest coverage | 3.1 | 1.2 | 1.0 | 6.1 | 16.2 | 10.3 | 4.6 | 5.3 | 10.7 | 17.5 |
| Working capital | −$190.89B | −$181.34B | −$189.72B | −$235.07B | −$43.77B | $341.49B | $74.67B | −$174.06B | −$133.56B | −$115.51B |
| Invested capital | −$27.73B | −$31.19B | −$49.21B | −$113.54B | −$373.00B | −$306.07B | −$60.76B | −$66.96B | −$25.93B | −$68.64B |
| Tangible asset value | $30.24B | $28.68B | $20.75B | $15.87B | $34.93B | $34.12B | $20.34B | $19.29B | $17.19B | $15.05B |
| Net current asset value | −$225.92B | −$216.09B | −$227.60B | −$255.90B | −$62.69B | −$47.25B | −$158.43B | −$180.89B | −$138.31B | −$118.32B |
| Graham number | $55.83 | $43.85 | $37.32 | $40.61 | $45.38 | $44.95 | $32.22 | $29.67 | $23.15 | $19.80 |
| Graham net-net per share | −$142.26 | −$130.19 | −$134.59 | −$106.85 | $6.88 | $5.33 | −$100.19 | −$120.42 | −$43.04 | −$21.19 |
| Capital allocation | ||||||||||
| Dividends paid | $2.33B | $2.27B | $2.28B | $2.11B | $1.82B | $1.28B | $1.06B | $787.0M | $592.0M | $486.0M |
| Share buybacks (net) | $9.80B | $0 | $2.84B | $4.39B | $600.0M | $0 | $2.22B | $1.00B | $485.0M | $0 |
| Dividend payout ratio | 26.3% | 38.3% | 44.9% | 29.4% | 31.1% | 38.8% | 28.6% | 22.4% | 25.1% | 25.7% |
| Dividends + buybacks / free cash flow | 138.5% | 111.0% | 27.1% | 599.0% | 201.5% | 20.6% | 38.1% | 15.0% | — | 14.9% |
| Capex / revenue | 2.0% | 2.4% | 2.7% | 4.4% | 4.8% | 5.2% | 6.0% | 5.2% | 4.5% | 4.5% |
| Capex / operating cash flow | 5.9% | 23.2% | 3.6% | 47.2% | 43.2% | 9.2% | 7.6% | 4.6% | — | 9.6% |
| Capex / depreciation | 0.40 | 0.43 | 0.52 | 0.78 | 0.79 | 1.04 | 2.03 | 1.86 | 1.49 | 1.48 |
| Stock-based compensation / revenue | 1.1% | 1.3% | 1.3% | 1.6% | 1.3% | 1.7% | 1.6% | 1.8% | 1.7% | 1.8% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| SG&A / revenue | 25.0% | 24.8% | 26.3% | 28.5% | 31.2% | 35.3% | 34.0% | 34.6% | 38.1% | 40.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 1,307.2 | 1,165.6 | 1,048.4 | 1,362.5 | 1,568.3 | 1,372.9 | 717.7 | 752.3 | 830.2 | 887.2 |
| Days of inventory on hand | — | — | — | 40,374.4 | 131,472.8 | 90,698.1 | 21,936.4 | — | 173,149.3 | 295,961.1 |
| Days payables outstanding | 12,490.4 | 5,890.0 | 5,157.0 | 26,354.3 | 88,133.7 | 62,609.3 | 12,651.0 | 14,286.3 | 37,797.2 | 81,436.8 |
| Cash conversion cycle (days) | -11,183.2 | -4,724.5 | -4,108.6 | 15,382.6 | 44,907.4 | 29,461.7 | 10,003.1 | -13,534.0 | 136,182.2 | 215,411.5 |
| Receivables turnover | 0.28 | 0.31 | 0.35 | 0.27 | 0.23 | 0.27 | 0.51 | 0.49 | 0.44 | 0.41 |
| Payables turnover | 0.03 | 0.06 | 0.07 | 0.01 | 0.00 | 0.01 | 0.03 | 0.03 | 0.01 | 0.00 |
| Inventory turnover | — | — | — | 0.01 | 0.00 | 0.00 | 0.02 | — | 0.00 | 0.00 |
| Asset turnover | 0.06 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Average receivables | $99.11B | $83.02B | $73.31B | $83.27B | $81.62B | $45.55B | $23.17B | $22.65B | $20.38B | $18.59B |
| Average payables | $128.46B | $103.16B | $94.44B | $111.55B | $114.94B | $71.70B | $36.88B | $33.54B | $35.42B | $37.04B |
| Average inventory | — | — | — | $170.90B | $171.46B | $103.87B | $63.95B | — | $162.24B | $134.60B |
| Intangibles / total assets | 3.9% | 4.1% | 4.1% | 3.8% | 3.2% | 4.0% | 0.5% | 0.5% | 0.5% | 0.6% |
Computed from SCHW's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SCHW valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Charles Schwab traded at 20.1 times earnings, against a 10-year median of 23.0. Based on the latest twelve months, the trailing P/E is 15.7 and the forward P/E is 12.9. Charles Schwab earned a return on equity of 18.1% in fiscal 2025. It ended the year with $31.0 billion of debt and $108.1 billion in cash and short-term investments, a net cash position of $77.2 billion. It returned $12.1 billion to shareholders: $2.3 billion in dividends and $9.8 billion in share buybacks, 138% of free cash flow. The share count rose 33.2% from 1.33B to 1.78B over 9 years.
See the SCHW income statement, the SCHW chart for price history, or the SCHW stock overview for the latest quote and news.
SCHW key metrics FAQ
What is Charles Schwab's P/E ratio?
Charles Schwab's trailing P/E ratio is 15.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.9. At the end of fiscal 2025 it was 20.1, compared with a 10-year median of 23.0.
What is Charles Schwab's EV/EBITDA?
Charles Schwab's enterprise value was 7.8 times EBITDA at the end of fiscal 2025 (enterprise value $100.4 billion, EBITDA $12.8 billion).
What is Charles Schwab's return on equity?
Charles Schwab's return on equity (ROE) was 18.1% in fiscal 2025: net income of $8.9 billion on average shareholders' equity of $48.9 billion.
How much debt does Charles Schwab have?
Charles Schwab had total debt of $31.0 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.63 and more cash than debt.
What is Charles Schwab's dividend yield?
Charles Schwab's forward dividend yield is 1.39%. Charles Schwab paid $2.3 billion in dividends in fiscal 2025 ($1.31 per share), a payout ratio of 26.3%.
Does Charles Schwab buy back its shares?
Yes. Charles Schwab spent $9.8 billion on net share repurchases in fiscal 2025 Shares outstanding changed −3.1% over the year, to 1.78B..
What is Charles Schwab's free cash flow yield?
Charles Schwab generated $8.8 billion of free cash flow in fiscal 2025, a free cash flow yield of 4.9% on its market value at year-end ($177.5 billion).
What is Charles Schwab's current ratio?
Charles Schwab's current ratio was 0.53 at the end of fiscal 2025: current assets were 0.53 times current liabilities.