The Charles Schwab Corporation (SCHW)

NYSE: SCHW · USD

$88.9

-0.45 (-0.5%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-09-24

Our latest published analysis: SCHW rated Reduce

The Charles Schwab Corporation's published Reduce conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$85.5 / share

Potential value

$123 / share

Upside to FV

-14.1%

from $88.9

Moat

9/10

Wide

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$172.1B
Revenue (ttm)	27.1B
Net income (ttm)	10.3B
EPS (ttm)	$5.85
Shares out	1.7B
P/E (trailing)	15.2x
P/E (forward)	13.0x
Dividend	$1.28 (1.44%)
Volume	6,069,590
Beta	0.78

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 27.1B
Net income (ttm): 10.3B
EPS (ttm): $5.85
P/E (trailing): 15.2x
P/E (forward): 13.0x
Market cap: $172.1B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$18.52B	$20.76B	$18.84B	$19.61B	$23.92B	+6.6%
Gross profit	$18.52B	$20.76B	$18.84B	$19.61B	$23.92B	+6.6%
Operating income	$7.71B	$9.39B	$6.38B	$7.69B	$11.46B	+10.4%
Net income	$5.86B	$7.18B	$5.07B	$5.94B	$8.85B	+10.9%
EPS (diluted)	$2.83	$3.50	$2.54	$2.99	$4.65	+13.2%
EBITDA	$8.88B	$10.64B	$7.72B	$9.13B	$12.82B	+9.6%
R&D	$0	$0	$0	—	—	-21.9%
SG&A	$5.45B	$5.94B	$6.32B	$6.04B	$6.49B	+4.5%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ACGL	Arch Capital Group Ltd.	34.8B	8.3x	1.8x	15.9%	+15.1%	+18.7%	强力买入
AIG	American International Group Inc.	41.7B	14.7x	1.6x	7.7%	-9.6%	+2.8%	强力买入
AIZ	Assurant, Inc.	14.1B	13.6x	1.0x	14.4%	+6.6%	+36.2%	持有
AJG	Arthur J. Gallagher & Co.	66.7B	43.2x	4.4x	6.6%	+15.3%	-5.7%	买入
ALL	The Allstate Corporation	63.2B	5.0x	0.9x	32.6%	+8.5%	+31.8%	强力买入
AMP	Ameriprise Financial, Inc.	43.1B	11.8x	2.2x	43.0%	+8.9%	+1.1%	买入

Base and Bull scenarios

Base55%

Price target

$85.50

-14.1% from spot

The base scenario projects that cash sorting pressures continue to abate, allowing transactional bank sweep balances to stabilize while maturing portfolio assets reprice into prevailing fixed-income yields. This scenario requires sustained net asset inflows across retail and registered investment advisor channels. Disconfirmation would occur if client cash sorting accelerates into higher-yielding money funds, compressing net interest spreads over the coming year. At $99.50, the base outcome delivers $85.50, reflecting -14.1% return.

Client cash sorting subsides near historical baseline levels
Securities portfolio yield roll-over continues into prevailing market yields
Net new client assets expand organically across investor and advisor channels
Operating leverage gradually widens operating margin toward normalized levels

Bull20%

Price target

$122.67

+23.3% from spot

The bull scenario envisions a rapid return of sorted cash to transactional sweep accounts, expanding net interest spreads while robust equity markets lift custodial asset management fees. This path requires client trading engagement to remain elevated and advisory net new asset gathering to accelerate. Disconfirmation would occur if retail market participation wanes or fintech fee competition erodes trading margins before the next fiscal review. At $99.50, this outcome reaches $122.67, representing 23.3% return.

Rapid re-intermediation of client cash into transactional sweep accounts
Strong equity market appreciation boosting fee-based asset management revenues
Substantial operational leverage driving operating margin above historical peaks
High retail trading velocity and options contract volumes

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($85.50). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.0%	2.3%	2.5%	2.8%	3.0%
7.8%	$89.7	$90.7	$91.8	$92.9	$94.3
8.3%	$86.7	$87.5	$88.4	$89.4	$90.4
8.8%	$84.1	$84.8	$85.5	$86.3	$87.2
9.3%	$81.8	$82.4	$83.0	$83.6	$84.3
9.8%	$79.7	$80.2	$80.7	$81.3	$81.9

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E13

P25 n/aP50 n/aP75 n/a

Trailing P/E18.3

P25 n/aP50 n/aP75 n/a

ROE21.1

P25 n/aP50 n/aP75 n/a

ROIC9.8

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SCHW indicators

Market & fundamental data

Available fields

266

Groups with data

Currency

USD

Showing 266 of 266 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000316709
Company name	The Charles Schwab Corporation
Country	United States
Country code	US
CUSIP number	808513105
Earnings date	2026-10-15
Earnings time	bmo
Employees	33,900
Employees change	1,200
Employees growth	3.67%
Enterprise value	$125.2B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-09
Fiscal year end	December
Founded	1971
In index	SP500
Industry	Capital Markets
IPO date	1987-09-22
Is primary listing	Yes
Is SPAC	No
ISIN number	US8085131055
Last 10-K release date	2026-02-25
Last earnings date	2026-10-15
Last refreshed	2026-10-28
Last stock split date	2000-05-31
Last stock split type	Forward
Market cap	$153.7B
Market cap category	Large-Cap
Next earnings date	2027-01-20
Options	Yes
Price	$88.85
Price currency	USD
Sector	Financials
SIC code	6211
Stock price date	2026-10-28
Symbol	SCHW
U.S. state	Texas
Website	https://www.aboutschwab.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	14.49x
Average P/E ratio (10Y)	23.23x
Average P/E ratio (3Y)	23.36x
Average P/E ratio (5Y)	22.7x
Earnings yield	6.59%
EV/Earnings	12.16x
EV/FCF	11.56x
EV/Sales	4.61x
FCF / EV yield	8.65%
FCF yield	7.04%
Forward EV/Sales	4.01x
Forward P/E	11.9x
Forward P/S	4.93x
Graham number	62.57777
Graham upside	-29.38%
Industry forward P/E	15.58x
Industry P/E	26.21x
Lynch fair value	$91.48
Lynch upside	3.24%
P/(FCF - SBC) ratio	14.68x
P/(OCF - SBC) ratio	13.85x
P/B ratio	3x
P/E ratio	15.19x
P/FCF ratio	14.2x
P/OCF ratio	13.42x
P/S ratio	5.66x
PEG ratio	0.59x
Price / tangible book value	2.98x
Sector forward P/E	13.61x
Sector P/E	15.65x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Effective tax rate	22.95%
FCF margin	41.46%
Gross margin	97.51%
Operating margin	51.11%
Pretax margin	51.05%
Profit margin	39.33%
Profit per employee	$302,552
Profitable quarters	87
Profitable years	33
Revenue per employee	$798,260
ROA	2.16%
ROA (5Y)	1.23%
ROE	21.12%
ROE (5Y)	14.07%
ROIC	9.81%
ROIC (5Y)	7.34%
SBC / revenue	1.34%
Tax / revenue	11.71%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	37.08%
EPS growth (Q)	28.57%
EPS growth (QoQ)	5.19%
EPS growth 10Y	16.78%
EPS growth 3Y	24.85%
EPS growth 5Y	17.37%
EPS growth quarters	9
EPS growth years	2
FCF growth	-37.2%
FCF growth 3Y	0.35%
FCF growth 5Y	8.67%
Net income growth	29.29%
Net income growth (Q)	23.24%
Net income growth (QoQ)	4.85%
Net income growth 3Y	22.76%
Net income growth 5Y	15.63%
Net income growth quarters	9
Net income growth years	2
OCF growth	-35.89%
OCF growth 10Y	12.53%
OCF growth 3Y	-0.26%
OCF growth 5Y	7.8%
Operating income growth	29.74%
Operating income growth (Q)	25.02%
Operating income growth 3Y	17.53%
Operating income growth 5Y	12.1%
Revenue growth	18.1%
Revenue growth (Q)	16.89%
Revenue growth (QoQ)	1.4%
Revenue growth 10Y	14.3%
Revenue growth 3Y	10.75%
Revenue growth 5Y	8.51%
Revenue growth quarters	9
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-628M
EPS	$5.85
FCF per share	$6.24
Financing cash flow	$3.6B
Free cash flow	$10.8B
Free cash flow minus SBC	$10.4B
Gross profit	$26.4B
Income taxes	$3.2B
Investing cash flow	$-1.4B
Net borrowing	$-1.1B
Net cash flow	$13.6B
Net income	$10.3B
Operating cash flow minus SBC	$11.1B
Operating income	$13.8B
Revenue	$27.1B
Stock-based compensation	$349M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$29.75
Debt / equity	0.78
Debt / FCF	3.71
Net cash (debt)	$28.5B
Net cash / market cap	18.6%
Net cash growth	-17.15%
Net debt / equity	-0.55
Net debt / FCF	-2.64
Piotroski F-Score	6
Shareholders' equity	$51.4B
Tangible book value	$51.4B
Tangible book value per share	$29.75
Total assets	$520.7B
Total cash	$68.5B
Total debt	$40B
Total liabilities	$469.3B
WACC	6.78%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.05
Current ratio	0.66
Quick ratio	0.66
Working capital	$-149.3B
Working capital turnover	-0.17

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	4.08%
Dividend growth	18.52%
Dividend growth (10Y)	16.84%
Dividend growth (3Y)	8.58%
Dividend growth (5Y)	12.2%
Dividend growth years	1
Dividend payment date	2026-11-27
Dividend payment years	38
Dividend payout frequency	Quarterly
Dividend per share	$1.28
Dividend yield	1.44%
Ex-dividend date	2026-11-13
FCF payout ratio	20.52%
Last dividend	$0.32
Payout ratio	21.88%
Shareholder yield	5.53%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	176.31%
10Y return CAGR	12.13%
10Y total return	214.07%
150-day SMA	$97.62
15Y price change	562.64%
15Y return CAGR	14.86%
15Y total return	699.4%
1D price change	-0.5%
1M price change	-10.27%
1M total return	-10.27%
1W price change	-2.23%
1W total return	-2.23%
1Y price change	-6.31%
1Y return CAGR	-5.11%
1Y total return	-5.11%
20-day SMA	$93.85
200-day SMA	$97.69
20Y price change	398.93%
20Y return CAGR	10%
20Y total return	572.7%
3M price change	-14.71%
3M total return	-14.46%
3Y price change	77.29%
3Y return CAGR	22.7%
3Y total return	84.77%
50-day SMA	$101.36
50-day SMA vs 200-day SMA	50over200
52-week high	$114.53
52-week high date	2026-08-24
52-week low	$83.96
52-week low date	2026-05-28
5Y price change	9.5%
5Y return CAGR	3.2%
5Y total return	17.07%
6M price change	-2.09%
6M total return	-1.46%
All-time high	$114.53
All-time high date	2026-08-24
All-time low	$0.13
All-time low date	1987-12-15
Average true range (ATR)	$1.98
Average volume	8.4M
Beta (1Y)	0.43
Beta (2Y)	0.83
Beta (5Y)	0.78
Change from 52-week high	-22.42%
Change from 52-week low	5.82%
Change from all-time high	-22.41%
Change from all-time low	70,312.04%
Change from open	-0.4%
Day's gap	-0.1%
Dollar volume	$539.3M
High price	$89.41
Low price	$88.20
Monthly RSI	49.5
Open price	$89.21
Position in 52-week range	53.72%
Premarket change	-0.11%
Premarket close	$89.30
Premarket price	$89.20
Premarket volume	116.9K
Previous close	$89.30
Price vs 150-day SMA	-8.98%
Price vs 20-day SMA	-5.31%
Price vs 200-day SMA	-9.04%
Price vs 50-day SMA	-12.33%
Relative volume	0.73
RSI	27.24
Sharpe ratio	-0.24
Sharpe ratio (3Y)	0.78
Sharpe ratio (5Y)	0.13
Sortino ratio	-0.1
Sortino ratio (3Y)	1.33
Sortino ratio (5Y)	0.36
Volume	6.1M
Weekly RSI	35.4
YTD price change	-11.06%
YTD total return	-10.18%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.6B
Float percentage	94.01%
Shares change (QoQ)	-0.35%
Shares change (YoY)	-4.08%
Shares held by insiders	1.1%
Shares held by institutions	84.77%
Shares outstanding	1.7B
Short % of float	1.18%
Short % of shares	1.11%
Short ratio	2.3 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	152

Deeper analysis on SCHW

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this SCHW report

What is the latest published SCHW stock rating?

The Charles Schwab Corporation is shown with Reduce in the latest published report, analyzed 2026-09-24. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full SCHW analysis?

The full latest published report, analyzed 2026-09-24, lives at /stocks/SCHW/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for SCHW?

The latest published report analyzed 2026-09-24 gives SCHW a fair value of USD 86 and a potential value of USD 123. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the SCHW page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-09-24). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

ReduceSCHW · Fair value $85.5-14.1%

Read full analysis →

The Charles Schwab Corporation (SCHW)

Our latest published analysis: SCHW rated Reduce

Price

Financial snapshot

Fair-value bridge

Latest news · SCHW

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All SCHW indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on SCHW

Frequently asked questions

评级历史

Category	Score	Reading
Valuation	3.0
Management	8.5
Balance Sheet	1.5
Profitability	7.5
Revenue Growth	7.5
Risk Assessment	5.5
Competitive Moat	9.0
Earnings Quality	7.5
Capital Efficiency	4.0