Is Charles Schwab (SCHW) overvalued or fairly valued?

MarketChacha shows Charles Schwab's valuation in context — a trailing P/E of about 17.1, a forward P/E of about 11.7, a price-to-book of about 3.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Charles Schwab's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.59×) from reported figures — education, not a rating.

What is Charles Schwab's revenue?

Charles Schwab reported revenue of $23.9B for FY2025, with net profit of $8.9B, per official filings.

What is the share price of Charles Schwab (SCHW)?

Charles Schwab last traded at $89.58 (-2.6% on the day), as of 10/19/2026 — a delayed quote shown for education, not investment advice.

Charles Schwab

SCHW · NYSE · Brokerage · United States

Snapshot

TickerSCHW

ExchangeNYSE

SectorBrokerage

IndustryCapital Markets

CountryUnited States

Employees33,900

HeadquartersWestlake, United States

Websitewww.aboutschwab.com

Filings tracked19

About Charles Schwab

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including money market funds, and certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services. It provides digital and software based trading platforms; research tools, and multichannel support, real-time market data, options trading; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; retirement plan services; mutual fund clearing services; and advisor services, including interactive tools and educational content. The Company operates through branch offices. The Charles Schwab Corporation was founded in 1971 and is headquartered in Westlake, Texas.

Who owns it

Insiders6.2%
Institutions85.6%
Public & other8.2%

2,979 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.7.77%
Vanguard Capital Management LLC6.21%
Dodge & Cox Inc.4.45%
State Street Corporation4.23%
JPMORGAN CHASE & CO2.84%
FMR, LLC2.56%
Price (T.Rowe) Associates Inc2.50%
Geode Capital Management, LLC2.16%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.59×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend26.9% → 37.0%

Margin has expanded by about 10.1 points — the business is getting more profitable.

Return on equity17.9%

Latest ROE of 17.9% — capital is generating a healthy return.

Growth qualityrev 13% · PAT 32%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $7.6B · EPS 1.78

Est. earnings growth +24.7%

Next fiscal year

Rev $31.8B · EPS 7.85

Est. earnings growth +21.9%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$23.9B

Net margin

37.0%

ROE

17.9%

Revenue CAGR (2y)

+12.7%

Profit CAGR (2y)

+32.2%

EPS (FY2025)

4.65

Net profit (FY2025)

$8.9B

Ask MarketChacha about SCHW

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$23.9B	$8.9B	4.65	37.0%	17.9%
FY2024	$19.6B	$5.9B	2.99	30.3%	12.3%
FY2023	$18.8B	$5.1B	2.54	26.9%	12.4%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$7.1B	$2.8B	1.54	39.6%
2026Q1	$6.5B	$2.5B	1.37	38.2%
2025Q3	$6.1B	$2.4B	1.26	38.4%
2025Q2	$5.9B	$2.1B	1.08	36.3%
2025Q1	$5.6B	$1.9B	0.99	34.1%
2024Q3	$4.8B	$1.4B	0.71	29.0%
2024Q2	$4.7B	$1.3B	0.66	28.4%
2024Q1	$4.7B	$1.4B	0.68	28.7%
2023Q3	$4.6B	$1.1B	0.56	24.4%
2023Q2	$4.7B	$1.3B	0.64	27.8%
2023Q1	$5.1B	$1.6B	0.83	31.3%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Other events, Exhibits
SEC8/12/2026material
10-Q filing
SEC8/7/2026
8-K — Results of operations, Exhibits
SEC7/21/2026material
8-K — Other events, Exhibits
SEC6/29/2026material
8-K — Bylaw/charter change, Exhibits
SEC6/1/2026material
8-K — Shareholder vote results
SEC5/22/2026material
8-K — Other events, Exhibits
SEC5/21/2026material
10-Q filing
SEC5/8/2026
8-K — Security holder rights, Bylaw/charter change, Other events, Exhibits
SEC4/22/2026material
8-K — Results of operations, Exhibits
SEC4/16/2026material
8-K — Reg FD disclosure, Exhibits
SEC3/2/2026material
10-K filing
SEC2/25/2026
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC1/29/2026material
8-K — Results of operations, Exhibits
SEC1/21/2026material

2025

8-K — Other events, Exhibits
SEC11/14/2025material
10-Q filing
SEC11/7/2025
8-K — Reg FD disclosure, Exhibits
SEC11/6/2025material
8-K — Results of operations, Exhibits
SEC10/16/2025material
10-Q filing
SEC8/8/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.