PerpEquities

Equity · Financial services

Charles Schwab Corporation (SCHW) perpetual futures

SCHW perpetual futures on 2 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade SCHWUSDT.

Charles Schwab provides financial services including wealth management, brokerage, banking, and advisory services for individuals and independent advisors.

$93.38+4.6%NYSE closed
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Collecting venue price data...
venue perp mark · Helix (Injective) (SCHW/USDC)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

2/3 live markets
Venues
3
Live markets
2/3
24h volume
$60.4K
Open interest
$54.1KCoverage: 1/2 markets
Best liquidity
-
Tightest spread
+82.7 bps
Gate.io
Highest volume
$57.6K
Helix (Injective)
Settlement mix
USDT · 2/3
Perp/spot vol.
0.00x
Spot volume $131M
OI / float
0.00%
Float $152.2B
Spot performance
1D+2.48%
5D+1.98%
1M-5.39%
6M+0.01%
YTD-8.43%
1Y-2.50%

Venue matrix

3 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
Helix (Injective)TradeSCHW/USDCTrading$93.38-24.1% APR
-0.00275% every 1h		--$57.6K-USDC12x
Gate.ioTradeSCHW/USDTTrading$93.110.0% APR
0.000% every 8h		+82.7 bps-$2.8K$54.1KUSDT20x
BingXTradeSCHW-USDTWatchlist------USDT-

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

No sufficient depth · 0 of 2 venues absorb $10k

No fresh book data: Helix (Injective), Gate.io

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

-
No live data-

Tightest spread

SCHW
Gate.io · SCHW/USDT+82.7 bps

Highest volume

SCHW
Helix (Injective) · SCHW/USDC$57.6K

Funding history

Stored venue snapshots by market

Company financials

Financials at a glance

Last report Q3 '26 · filed 2026-10-15 · next report 2027-01-20 · Updated 412h ago
All financials →

Valuation & key figures

Market cap
$159B
Updated 412h ago
Revenue
$31.2B
Trailing 12 months
Revenue growth
+2%
Next fiscal year
Profit margin
+34.2%
P/E
15.6
Peer P/E 25.3
P/S
5.1
Peer P/E
25.3
Similar listed perps
Free cash flow
$3.3B
Trailing 12 months
Net income
$10.6B
Trailing 12 months
Revenue estimate
$28.2B
Next fiscal year
Earnings
2027-01-20
Revenue est. $7.4B · Updated 412h ago
Dividend
$0.32
2026-08-14
Revenue (TTM)$31.2B+14.7% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)44.3%+5.4 pp vs a year agoOperating income $13.8B
Net income (TTM)$10.6B+29.3% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$3.31B+337.1% vs a year agoCapex $483M
Diluted EPS (TTM)$5.86+37.2% vs a year agoSum of the last 4 quarters
Net cash$28.5B-56.1% vs a year agoCash + short-term investments - debt
  • Revenue growth accelerating: 16.0% year on yearQ3 '26 revenue $8.17B, against an average of 12.5% over the four quarters before.
  • Operating margin 44.3% (TTM), +5.4 pp on a year agoOperating income grew 30.5% while revenue grew 14.7%.
  • Capex 1.6% of revenue (a year ago 2.4%)$483M invested in the last 4 quarters (-25.0% on a year earlier). Free cash flow $3.31B = 31.1% of net income.
  • Returned $10B to shareholders = 303.0% of free cash flowBuybacks $8.2B (a year earlier $4.58B), dividends $1.84B, stock-based pay $196M (TTM). More than the free cash flow: paid from cash or debt.

Revenue, operating income and growth

quarterly

Revenue by business line

latest quarter
LineRevenuey/yShare
Investor Services$9.92B+123.1%79.5%
Advisor Services$2.55B+188.7%20.5%
In the full financialsIncome statement, balance sheet and cash flow (12 quarters / 10 years) · margins and cost structure · capital allocation and buybacks · valuation against the 5-year range · analyst estimates · all 377 lines The Charles Schwab Corporation reported to the SEC

Next catalyst

Catalysts

Earnings
2027-01-20
Revenue est. $7.4B · Updated 412h ago
Dividend
$0.32
2026-08-14

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20266.46$28.2B+2%16
FY 20277.93$32.1B+16%16
FY 20289.34$35.2B+27%10
FY 202910.15$36.7B+32%4
FY 203011.50$40.7B+47%4
Q1 20282.14$8.5B+16%6

Company events

6
2027-01-20EarningsActual - / Estimate 1.77-
2026-10-15Earnings · Before market openActual 1.69 / Estimate 1.65Beat
2026-08-14Dividend$0.32-
2026-07-21EarningsActual 1.62 / Estimate 1.56Beat
2026-05-08Dividend$0.32-
2026-04-16EarningsActual 1.43 / Estimate 1.4Beat

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
IBKR$145.3B12.531.4+10.2%13BLK$177.7B6.225.7+24.2%3SPGI$137.5B8.627.7+31.3%2CB$137B2.212.3+18.0%2BX$135.8B8.326.0+21.8%20PGR$127B1.411.0+12.7%1COF$123.5B1.611.9+13.7%2CME$109.9B15.824.9+63.1%3

Company data

Company intelligence

Updated: Nov 2, 2026, 04:58 AM UTC

Company profile

Sector
Financial Services
Industry
Financial - Capital Markets
Chief executive
Richard Andrew Wurster
Employees
33,900
IPO date
Sep 22, 1987
Country
US
Exchange
New York Stock Exchange
Website
Altman Z-scorei0.82
Piotroski scorei7/9
Overall ratingiB
Owner earningsi$214.34M$0.12 per share
ESG risk ratingiB-Industry rank: 99 out of 101

Rating factors

Return on equityi
5
Return on assetsi
4
Debt to equityi
2
Price to earningsi
2
Price to booki
1

Company press releases

Schwab Declares Quarterly Common Stock Dividend and Declares Preferred Stock DividendsBusiness WireSchwab Delivers Record Net New Assets & EarningsBusiness WireSchwab Initiates Secondary Listing on the Texas Stock ExchangeBusiness WireCharles Schwab and Anthropic to Bring Claude to Independent Registered Investment AdvisorsBusiness WireCharles Schwab Bank and The DEC Network Expand Entrepreneur Support with New Fort Worth Innovation CenterBusiness WireSchwab IMPACT® 2026: Spotlight on AI, Growth and the Future of Independent AdviceBusiness Wire

Congressional disclosures

Senate

House

Market cap history
$152.15B-17.2%Aug 26 – Oct 26
$152.15B$174.67B$197.18BHigh: $197.18B · 2026-08-24Latest: $152.15B · 2026-10-30Aug 26Sep 26Oct 26
Latest: $152.15B · 2026-10-30High: $197.18B · 2026-08-24Low: $152.15B · 2026-10-30
Largest fund holders
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VOO0.24%42.7M
FXAIX0.27%26.1M
2563.T0.22%21.6M
IVV0.22%21.6M
XAW.TO0.13%21.6M
SPY0.22%19.9M
VTV0.61%15.6M
VPMAX1.49%15.5M
VSCA.S0.36%10.7M
XLF1.85%10.7M
VCPA.S0.22%10.2M

Analyst track record

How the analysts covering SCHW have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings134462
Analysts2629
Buy / hold / sell113 / 15 / 6334 / 105 / 23
Upgrades / downgrades / initiations1 / 1 / 411 / 3 / 10
Price targets hit / missed2 / 112 (2%)195 / 220 (47%)
Avg. return after a rating (TipRanks)-24.3%-1.9%
Best / worst call+9.1% / -40.4%+72.1% / -40.4%

After buy calls on this stock: median 21-day move +1.7% vs S&P 500 +0.8% (n = 338)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. David Smith -CFATruist Financial100% hit rate on this stock · 11 targets measuredBuytarget $112Oct 16, 2026
  2. Ken ShihDBS100% hit rate on this stock · 9 targets measuredBuytarget $115May 4, 2026
  3. Devin RyanCitizens JMP93% hit rate on this stock · 14 targets measuredBuytarget $120Jan 12, 2026

Latest ratings

DateAnalystCallTarget
Oct 28, 2026Benjamin RubinEvercore ISIHoldMaintained$98.00article ↗
Oct 28, 2026Benjamin RubinEvercore ISIHoldMaintained$98.00
Oct 21, 2026Michael CyprysMorgan StanleyBuyReiterated$132article ↗
Oct 21, 2026Michael CyprysMorgan StanleyBuyReiterated$132article ↗
Oct 19, 2026Brennan HawkenBMO CapitalHoldMaintained$97.00article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$90.00$100$110$120Dec 25 · Buy 16 · Hold 1 · Sell 1Dec 25Jan 26 · Buy 16 · Hold 1 · Sell 1Feb 26 · Buy 16 · Hold 1 · Sell 1Feb 26Mar 26 · Buy 15 · Hold 1 · Sell 1Apr 26 · Buy 15 · Hold 1 · Sell 1Apr 26May 26 · Buy 17 · Hold 1 · Sell 1Jun 26 · Buy 18 · Hold 1 · Sell 1Jun 26Jul 26 · Buy 15 · Hold 2 · Sell 1Aug 26 · Buy 18 · Hold 2 · Sell 1Aug 26Sep 26 · Buy 18 · Hold 2 · Sell 1Oct 26 · Buy 18 · Hold 5 · Sell 1Oct 26Nov 26 · Buy 17 · Hold 5 · Sell 1Dec 25 · avg. target $116Jan 26 · avg. target $120Feb 26 · avg. target $120Mar 26 · avg. target $120Apr 26 · avg. target $118May 26 · avg. target $117Jun 26 · avg. target $117Jul 26 · avg. target $123Aug 26 · avg. target $124Sep 26 · avg. target $124Oct 26 · avg. target $116Nov 26 · avg. target $116Dec 25 · month-end close $99.91Jan 26 · month-end close $104Feb 26 · month-end close $95.20Mar 26 · month-end close $93.98Apr 26 · month-end close $91.64May 26 · month-end close $87.35Jun 26 · month-end close $92.27Jul 26 · month-end close $105Aug 26 · month-end close $110Sep 26 · month-end close $97.74Oct 26 · month-end close $88.05Nov 26 · month-end close $88.05

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data · computed Oct 30, 2026 · 134 ratings

Frequently asked questions

Where can I trade SCHW perpetual futures?

Charles Schwab Corporation (SCHW) perpetual futures trade on 2 crypto venues, including Helix (Injective), Gate.io. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade SCHW around the clock?

Yes. Unlike the underlying stock, SCHW perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on SCHW perpetuals?

Right now the SCHW perp funding rate is -12.0% annualized (venue median), ranging from -24.1% to 0.0% across 2 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the SCHW perp price compare to the Charles Schwab Corporation stock?

The venue-median SCHW perp mark is $93.2 versus a reference stock price of $93.4, a basis of -0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a SCHW perpetual future?

A SCHW perpetual is a derivative that tracks the price of Charles Schwab Corporation with no expiry date. It lets you take long or short exposure to Charles Schwab Corporation on crypto venues, around the clock.

What is SCHWUSDT perpetual?

SCHWUSDT is the symbol most crypto exchanges use for the Charles Schwab Corporation perpetual settled in USDT (Tether). It tracks the SCHW share price through an index, trades 24/7 with leverage and never expires.

Other Financial services perps

Also listed on Helix (Injective)

Also listed on Gate.io

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