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Side-by-side financial comparison of Amrize Ltd (AMRZ) and Raymond James Financial (RJF). Click either name above to swap in a different company.

Raymond James Financial is the larger business by last-quarter revenue ($3.9B vs $3.7B, roughly 1.1× Amrize Ltd). Amrize Ltd runs the higher net margin — 14.8% vs 14.1%, a 0.7% gap on every dollar of revenue. On growth, Raymond James Financial posted the faster year-over-year revenue change (13.0% vs 6.6%).

Holcim is a Swiss-based global building materials and aggregates flagship division of the Holcim Group. The original company was merged on 10 July 2015 with Lafarge to form LafargeHolcim as the new company and renamed to Holcim Group in 2021. The Holcim brand remained active within the group when the merger was completed.

Raymond James Financial, Inc. is an American multinational independent investment bank and financial services company providing financial services to individuals, corporations, and municipalities through its subsidiary companies that engage primarily in investment and financial planning, in addition to investment banking and asset management. The company is headquartered in St. Petersburg, Florida.

AMRZ vs RJF — Head-to-Head

Bigger by revenue
RJF
RJF
1.1× larger
RJF
$3.9B
$3.7B
AMRZ
Growing faster (revenue YoY)
RJF
RJF
+6.4% gap
RJF
13.0%
6.6%
AMRZ
Higher net margin
AMRZ
AMRZ
0.7% more per $
AMRZ
14.8%
14.1%
RJF

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
AMRZ
AMRZ
RJF
RJF
Revenue
$3.7B
$3.9B
Net Profit
$545.0M
$544.0M
Gross Margin
29.6%
Operating Margin
21.2%
Net Margin
14.8%
14.1%
Revenue YoY
6.6%
13.0%
Net Profit YoY
-1.4%
10.0%
EPS (diluted)
$0.98
$2.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMRZ
AMRZ
RJF
RJF
Q1 26
$3.9B
Q4 25
$4.2B
Q3 25
$3.7B
$4.2B
Q2 25
$3.2B
$3.8B
Q1 25
$3.8B
Q4 24
$4.0B
Q3 24
$3.4B
$4.0B
Q2 24
$3.2B
$3.8B
Net Profit
AMRZ
AMRZ
RJF
RJF
Q1 26
$544.0M
Q4 25
$563.0M
Q3 25
$545.0M
$604.0M
Q2 25
$429.0M
$436.0M
Q1 25
$495.0M
Q4 24
$600.0M
Q3 24
$553.0M
$602.0M
Q2 24
$474.0M
$492.0M
Gross Margin
AMRZ
AMRZ
RJF
RJF
Q1 26
Q4 25
Q3 25
29.6%
Q2 25
30.0%
Q1 25
Q4 24
Q3 24
30.2%
Q2 24
30.2%
Operating Margin
AMRZ
AMRZ
RJF
RJF
Q1 26
Q4 25
Q3 25
21.2%
Q2 25
20.8%
14.7%
Q1 25
17.5%
Q4 24
18.6%
Q3 24
24.5%
Q2 24
23.3%
17.1%
Net Margin
AMRZ
AMRZ
RJF
RJF
Q1 26
14.1%
Q4 25
13.5%
Q3 25
14.8%
14.4%
Q2 25
13.3%
11.3%
Q1 25
12.9%
Q4 24
14.9%
Q3 24
16.0%
15.0%
Q2 24
14.6%
13.1%
EPS (diluted)
AMRZ
AMRZ
RJF
RJF
Q1 26
$2.83
Q4 25
$2.79
Q3 25
$0.98
$2.96
Q2 25
$0.78
$2.12
Q1 25
$2.36
Q4 24
$2.86
Q3 24
$1.00
$2.85
Q2 24
$0.86
$2.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMRZ
AMRZ
RJF
RJF
Cash + ST InvestmentsLiquidity on hand
$826.0M
$5.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$12.9B
$52.0M
Total Assets
$24.0B
$91.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMRZ
AMRZ
RJF
RJF
Q1 26
$5.4B
Q4 25
$9.9B
Q3 25
$826.0M
$11.4B
Q2 25
$601.0M
$9.2B
Q1 25
$9.7B
Q4 24
$10.0B
Q3 24
$11.0B
Q2 24
$9.1B
Stockholders' Equity
AMRZ
AMRZ
RJF
RJF
Q1 26
$52.0M
Q4 25
$12.6B
Q3 25
$12.9B
$12.5B
Q2 25
$12.4B
$12.3B
Q1 25
$12.2B
Q4 24
$11.9B
Q3 24
$9.8B
$11.7B
Q2 24
$9.3B
$11.2B
Total Assets
AMRZ
AMRZ
RJF
RJF
Q1 26
$91.9B
Q4 25
$88.8B
Q3 25
$24.0B
$88.2B
Q2 25
$23.8B
$84.8B
Q1 25
$83.1B
Q4 24
$82.3B
Q3 24
$83.0B
Q2 24
$80.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMRZ
AMRZ
RJF
RJF
Operating Cash FlowLast quarter
$854.0M
Free Cash FlowOCF − Capex
$669.0M
FCF MarginFCF / Revenue
18.2%
Capex IntensityCapex / Revenue
5.0%
Cash ConversionOCF / Net Profit
1.57×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMRZ
AMRZ
RJF
RJF
Q1 26
Q4 25
$-10.0M
Q3 25
$854.0M
$796.0M
Q2 25
$691.0M
Q1 25
$117.0M
Q4 24
$830.0M
Q3 24
$510.0M
Q2 24
$711.0M
Free Cash Flow
AMRZ
AMRZ
RJF
RJF
Q1 26
Q4 25
$-56.0M
Q3 25
$669.0M
$752.0M
Q2 25
$634.0M
Q1 25
$71.0M
Q4 24
$789.0M
Q3 24
$460.0M
Q2 24
$655.0M
FCF Margin
AMRZ
AMRZ
RJF
RJF
Q1 26
Q4 25
-1.3%
Q3 25
18.2%
17.9%
Q2 25
16.5%
Q1 25
1.8%
Q4 24
19.6%
Q3 24
11.5%
Q2 24
17.4%
Capex Intensity
AMRZ
AMRZ
RJF
RJF
Q1 26
Q4 25
1.1%
Q3 25
5.0%
1.1%
Q2 25
1.5%
Q1 25
1.2%
Q4 24
1.0%
Q3 24
1.2%
Q2 24
1.5%
Cash Conversion
AMRZ
AMRZ
RJF
RJF
Q1 26
Q4 25
-0.02×
Q3 25
1.57×
1.32×
Q2 25
1.58×
Q1 25
0.24×
Q4 24
1.38×
Q3 24
0.85×
Q2 24
1.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMRZ
AMRZ

Building Materials$2.8B75%
Building Envelope$901.0M25%
Equity Method Investee$5.0M0%

RJF
RJF

Private Client Group$2.8B73%
Bank$486.0M13%
Capital Markets$464.0M12%
Other$99.0M3%

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