Charles Schwab Corp
NYSE: SCHW · FINANCIAL SERVICES · CAPITAL MARKETS
Updated 2026-06-12
Charles Schwab Corp (SCHW) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $48.99B | $42.37B | $51.67B | $75.43B | $92.57B | $108.79B | $133.64B | $143.64B | $154.64B | $183.72B | $223.38B | $243.27B | $296.48B | $294.00B | $549.01B | $667.27B | $551.77B | $493.18B | $479.84B | $491.00B |
| Cash & equivalents | $4.51B | $6.76B | $5.44B | $26.61B | $4.93B | $8.68B | $12.66B | $7.73B | $11.36B | $11.98B | $10.83B | $14.22B | $27.94B | $29.30B | $40.35B | $62.98B | $40.20B | $43.34B | $42.08B | $46.03B |
| Current assets | $48.39B | $41.68B | $28.02B | $35.80B | $16.58B | $42.97B | $73.26B | $74.39B | $66.50B | $78.01B | $88.64B | $86.44B | $94.93B | $113.87B | $445.69B | $548.32B | $259.27B | $224.62B | $215.38B | $215.65B |
| Total liabilities | $43.98B | $38.55B | $47.61B | $70.36B | $86.34B | $100.84B | $124.05B | $133.26B | $142.84B | $170.32B | $206.96B | $224.75B | $275.81B | $272.30B | $492.95B | $611.01B | $515.16B | $452.22B | $431.47B | $441.57B |
| Current liabilities | $11.02B | $13.82B | $25.38B | $40.23B | $84.34B | $98.84B | $122.42B | $131.36B | $141.02B | $167.50B | $204.15B | $220.00B | $268.99B | $39.20B | $104.20B | $592.10B | $494.34B | $414.34B | $396.71B | $406.54B |
| Long-term debt | $345.00M | $879.00M | $883.00M | $1.51B | $2.01B | $2.00B | $1.63B | $1.90B | $1.54B | $2.80B | $2.81B | $4.75B | $6.83B | $7.43B | $13.63B | $18.82B | $20.76B | $26.04B | $22.39B | $22.15B |
| Shareholder equity | $5.01B | $3.73B | $4.06B | $5.07B | $6.23B | $7.71B | $9.59B | $10.38B | $11.80B | $13.40B | $16.42B | $18.52B | $20.67B | $21.70B | $56.06B | $56.26B | $36.61B | $40.96B | $48.38B | $49.42B |
| Retained earnings | $4.90B | $5.78B | $6.74B | $7.24B | $7.41B | $7.98B | $8.55B | $9.25B | $10.20B | $11.25B | $12.65B | $14.41B | $17.33B | $19.96B | $21.98B | $25.99B | $31.07B | $33.90B | $37.57B | $44.06B |
| Accounts receivable | $11.58B | $13.04B | $7.89B | $9.19B | $11.65B | $11.77B | $14.36B | $14.96B | $16.68B | $18.52B | $18.66B | $22.10B | $23.20B | $23.15B | $67.95B | $95.29B | $71.24B | $75.37B | $90.68B | $107.55B |
| Inventory | $6.42B | $8.24B | $15.36B | $29.98B | $42.28B | $-625.00M | $64.95B | $82.45B | $89.69B | $116.19B | $153.02B | $171.46B | — | $63.95B | $143.79B | $199.12B | $142.68B | — | — | — |
| Goodwill | $419.00M | $525.00M | $528.00M | $528.00M | $631.00M | $1.16B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $11.95B | $11.95B | $11.95B | $11.95B | $11.95B | $11.95B |
Frequently asked questions
What is Charles Schwab Corp's revenue?
Charles Schwab Corp's trailing twelve-month revenue is $24.80B, and consensus projects about $37.38B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is SCHW?
In its most recent fiscal year, SCHW ran a gross margin of 86.44%, an operating margin of 41.41%, and a net margin of 31.99%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does SCHW generate?
SCHW produced $8.76B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is SCHW's balance sheet healthy?
SCHW holds $46.03B in cash and equivalents against $22.15B in long-term debt, on $49.42B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.