---
title: Charles Schwab (SCHW) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/schw
ticker: SCHW
as_of: 2026-10-17
sector: Financial Services
industry: Financial - Capital Markets
---
# Charles Schwab (SCHW)

Charles Schwab (SCHW) closed at $91.96 on Oct 16, 2026, undervalued by 43% vs its model value of $160.02 (from its peers' median P/E).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $91.96 (Oct 16, 2026) |
| Model value (from its peers' median P/E) | $160.02 |
| Price vs model | undervalued by 43% vs model |
| Range of that model | $84.10 – $236.47 |
| Market value | $159.0B |
| P/E (fiscal 2025) | 19.8 |
| Net margin (fiscal 2025) | 32.0% |
| Free cash flow (fiscal 2025) | $8.8B |
| Dividend yield (trailing twelve months) | 1.34% |
| Beta | 0.78 |
| Cost of capital (WACC) | 9.02% |
| Business classification | Mature & Stable (Moderate growth (~13% recent), High profitability (37% net margin), Pays dividends, Moderately volatile earnings, Strong FCF yield (5.5%)) |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 1.34% |
| Dividends per share, last 12 months | $1.23 |
| Dividends / earnings (fiscal 2025) | 26.3% |
| Raised | 1 years in a row |
| Growth over 5 years | 11.3% a year |
| Latest payment | $0.32, ex-date Aug 14, 2026, paid Aug 28, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Aug 12, 2021 | $0.72 |
| To Aug 11, 2022 | $0.80 |
| To Aug 10, 2023 | $0.97 |
| To Aug 9, 2024 | $1.00 |
| To Aug 8, 2025 | $1.06 |
| Trailing twelve months (to Aug 14, 2026) | $1.23 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| P/E · peers | primary | $160.02 | $84.10 | $236.47 |
| P/E · own history | cross check | $141.05 | $117.52 | $163.23 |
| PEG | sanity check | $137.73 | $137.73 | $137.73 |
| Dividend discount | cross check | $28.92 | $19.46 | $49.41 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 14 open-market sales ($59.4M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 1, 2026 | Ruffel Charles A. | Director | Grant / award | 1,222 | $0 |
| Oct 1, 2026 | HERRINGER FRANK C | Director | Grant / award | 445 | — |
| Oct 1, 2026 | Ellis Stephen A | Director | Grant / award | 369 | — |
| Oct 1, 2026 | Brown Marianne Catherine | Director | Grant / award | 407 | — |
| Oct 1, 2026 | Hathi Neesha | MD, Head Wealth Adv, Bnk, Tst | Open-market sell (10b5-1 plan) | 5,000 | $489,007 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 15, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/316709/000031670926000035/schw-20261015.htm |
| Aug 12, 2026 | 8-K | 8.01 Other Events; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/316709/000119312526347083/d42452d8k.htm |
| Aug 12, 2026 | 424B5 | Prospectus supplement | https://www.sec.gov/Archives/edgar/data/316709/000119312526345662/d123949d424b5.htm |
| Aug 10, 2026 | 424B5 | Prospectus supplement | https://www.sec.gov/Archives/edgar/data/316709/000119312526341345/d123949d424b5.htm |
| Aug 7, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/316709/000031670926000031/schw-20260630.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Dodge & Cox | 2026-06-30 | 76,968,323 | $7.1B |
| Bill Nygren | 2026-06-30 | 24,201,471 | $2.2B |
| Viking Global | 2026-06-30 | 10,638,869 | $981.6M |
| Ruane Cunniff | 2026-06-30 | 4,571,355 | $421.8M |

12 tracked managers in all.

## About

The Charles Schwab Corporation (SCHW) stands as a prominent financial services enterprise, delivering a comprehensive suite of offerings that encompass wealth management, securities trading and brokerage, banking services, asset administration, custodial solutions, and financial planning advice. Its operations are primarily structured around two core divisions: Investor Services and Advisor Services. The Investor Services segment caters directly to individual retail clients, furnishing a range of services such as brokerage accounts, investment guidance, banking and trust administration, retirement planning, and corporate brokerage offerings. It further assists businesses with the full-service recordkeeping of equity compensation plans (e.g., stock options, restricted stock, performance shares), provides clearing services for retail investors and mutual funds, and offers compliance soluti…

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Source: https://sweetvaluelab.com/stocks/schw (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.