Corporate Financial Analyst Average Salary & Hourly Rate in 2025
For individuals planning to pursue a corporate financial analyst career path or aiming to stay competitive in the industry, understanding salary trends is critical.
As of April 28, 2025, the average corporate financial analyst salary in the United States is $67,402 per year, with growth opportunities influenced by several factors.
These factors include experience, industry, and location. This salary guide discusses the factors that affect the salaries for corporate financial analysts, provides insights into salary trends, and examines the job outlook for the coming years.
An Overview of Corporate Financial Analyst Salaries
In the United States, the average corporate financial analyst salary, as of April 28, 2025, is $67,402 per year or $33 per hour. The typical salary for corporate financial analysts ranges from $55,366 to $79,438, with most earnings reported between $61,102 to $73,702.
| Percentile | Average Annual Salary |
|---|---|
| 10% Percentile | $55,366 |
| 25% Percentile | $61,102 |
| 50% Percentile (Median) | $67,402 |
| 75% Percentile | $73,702 |
| 90% Percentile | $79,438 |
However, the U.S. Bureau of Labor Statistics (BLS) reports that the salary for this role differ based on industries.
For example, analysts working in securities, commodity contracts, and other financial investments and related activities earn an average of $124,050, whereas those in insurance carriers and related activities earn $93,030.
- Securities, commodity contracts, and other financial investments: $124,050
- Professional, scientific, and technical services: $100,960
- Credit intermediation and related activities: $99,990
- Management of companies and enterprises: $99,760
- Insurance carriers and related activities: $93,030
Salaries in government roles also vary. Financial analysts in government positions may earn competitive salaries, but typically lower than those in high-paying industries like securities or finance.
Corporate Financial Analyst Salary: Hourly, Weekly, Monthly, and Yearly Breakdown
The corporate financial analyst salary can be broken down into hourly, weekly, monthly, and yearly figures. According to a report from Salary.com, the average pay for this strategic role in the United States is $33 per hour, $1,319 per week, or $5,717 per month.
- Average salary per hour: $33
- Average salary per week: $1,319
- Average salary per month: $5,717
- Average salary per year: $67,402
As previously mentioned, salaries for financial analysts in the United States are influenced by location, experience, and education. The following sections will respond to these factors in detail.
How Experience Impacts Corporate Financial Analyst Salaries
Experience plays a significant role in determining the salary of financial analysts in the United States. As shown below, the salary differences between experience levels are relatively close.
According to Salary.com data, entry-level analysts earn about $67,032 less than those at higher levels of experience. Those with the most experience earn an average salary of $69,571 per year.
- Entry Level Corporate Financial Analyst: $67,032
- Intermediate Level Corporate Financial Analyst: $67,690
- Senior Level Corporate Financial Analyst: $69,101
- Specialist Level Corporate Financial Analyst: $69,383
- Expert Level Corporate Financial Analyst: $69,571
State-by-State Breakdown of Average Salaries
Each state or territory has varying average salaries for analysts, influenced by the cost of living and local demand.
According to the data, the District of Columbia offers the highest average annual salary for analysts in the U.S., at $74,602.
California ranks second with an average yearly salary of $74,302, closely followed by Washington at $73,102 per year.
| State | Average Salary |
|---|---|
| Alaska | $72,902 |
| Alabama | $61,902 |
| Arkansas | $60,902 |
| Arizona | $65,702 |
| California | $74,302 |
| Colorado | $68,702 |
| Connecticut | $72,002 |
| District of Columbia | $74,602 |
| Delaware | $68,202 |
| Florida | $63,802 |
| Georgia | $65,002 |
| Hawaii | $70,402 |
| Iowa | $64,502 |
| Idaho | $62,902 |
| Illinois | $68,702 |
| Indiana | $64,702 |
| Kansas | $64,202 |
| Kentucky | $63,402 |
| Louisiana | $64,102 |
| Massachusetts | $73,302 |
| Maryland | $69,502 |
| Maine | $65,702 |
| Michigan | $66,402 |
| Minnesota | $69,002 |
| Missouri | $64,002 |
| Mississippi | $60,102 |
| Montana | $63,602 |
| North Carolina | $64,002 |
| North Dakota | $66,602 |
| Nebraska | $63,502 |
| New Hampshire | $68,102 |
| New Jersey | $73,002 |
| New Mexico | $62,402 |
| Nevada | $66,702 |
| New York | $71,602 |
| Ohio | $65,602 |
| Oklahoma | $62,302 |
| Oregon | $68,402 |
| Pennsylvania | $67,102 |
| Rhode Island | $69,902 |
| South Carolina | $63,102 |
| South Dakota | $61,202 |
| Tennessee | $63,002 |
| Texas | $65,702 |
| Utah | $64,502 |
| Virginia | $67,902 |
| Vermont | $66,102 |
| Washington | $73,102 |
| Wisconsin | $66,302 |
| West Virginia | $60,702 |
| Wyoming | $65,602 |
Corporate Financial Analyst Salaries: Top Earning Cities Revealed
According to Salary.com data, the highest-paying cities for corporate financial analysts in the United States are San Jose, San Francisco, and Oakland, all located in California.
| Top Paying Cities | Average Salary |
|---|---|
| San Jose, CA | $85,002 |
| San Francisco, CA | $84,102 |
| Oakland, CA | $82,302 |
| New York, NY | $78,102 |
| Queens Village, NY | $77,602 |
| Paramus, NJ | $77,002 |
Explore Corporate Financial Analyst Benefits and Perks Beyond Salary
Apart from their base pay, corporate financial analysts often receive benefits and rewards. According to Salary.com data, the average total compensation for corporate financial analysts is $97,025 per year, which includes benefits such as healthcare and paid time off.
- Social Security: $5,156
- 401K/403B: $2,831
- Disability: $1,348
- Healthcare: $8,352
- Pension: $3,640
- Time Off: $8,296
Corporate Financial Analyst Job Description: Roles and Responsibilities
A corporate finance analyst is responsible for managing money and helping most companies make informed financial decisions. In this role, analysts focus on reviewing financial statements, creating revenue forecasts, assisting with budgeting, and evaluating investment opportunities.
Their role is essential in guiding companies or other departments through the decision-making process and investing wisely to ensure long-term success. Apart from these responsibilities, other key duties include:
- Recommending investments and managing portfolios.
- Analyzing financial data and trends.
- Reviewing company financial statements to assess value.
- Collaborating with company leaders for insights on prospects.
- Assessing management team performance.
- Preparing detailed financial reports.
Corporate finance analysts often take on consulting roles, advising businesses on financial strategies, investments, and risk management to help them make smart financial decisions.
Most entry-level positions in this field require a bachelor's degree, often with a background in accounting.
According to the BLS, expectations for corporate finance analysts include strong analytical skills, effective communication, proficiency in computer tools, decision-making abilities, attention to detail, and strong math skills.
When and How to Ask for a Raise as a Corporate Financial Analyst?
If you're working as a corporate financial analyst and believe you deserve a raise, here's a guide on the best time and approach to request it.
- Show your value: Highlight your gained experience and skills as a corporate financial analyst. Mention contributions such as improving financial strategies or helping the organization achieve its goals. Additional responsibilities, like leading budgeting or analyzing market trends for senior management, can also strengthen your case.
- Choose the right time: Ask for a raise when the company is doing well financially or after completing a major project. Annual performance reviews are also a good time for salary discussions.
- Set a formal meeting: Schedule a meeting with your manager to talk about your pay. Avoid casual chats or bringing it up during busy times. A formal meeting shows professionalism and ensures your request gets attention.
- Back up your request: Research the average salary for financial analysts in your area and compare it to your current pay. Use this information, along with your achievements, to support your request. For example, as of April 28, 2025, the average salary for corporate financial analysts in the United States is $67,402 per year.
Why Does a Corporate Financial Analyst Make So Much?
A corporate financial analyst earns a high salary because of the specialized skills needed to manage financial data, support business decisions, and help ensure long-term profitability. Certifications like Chartered Financial Analyst can also boost their value and earning potential.
Also, some analysts have in-demand skills that can increase their earning potential. For example, according to Salary.com's Real-time Job Posting Salary Data report, corporate financial analysts with financial modeling skills can earn 12.55% more than those without it. Similarly, proficiency in forecasting can lead to an 11.34% salary increase.
Other high-paying skills include:
- Financial Modeling: 12.55%
- Forecasting: 11.34%
- Financial Planning: 9.10%
- Financial Reporting: 8.34%
- Financial Statements: 7.98%
- Financial Analysis: 7.13%
The Future of Corporate Financial Analyst: Job Outlook and Career Trends
Financial analysts, including those in corporate sectors, are expected to grow by 9% from 2023 to 2033. This will create about 30,700 financial analyst jobs each year, mainly due to retirements and career changes.
Demand for financial analysts grows with the economy. Most firms, especially as they expand or new ones start, need analysts to assess investment opportunities for their clients. The growth of global markets will also increase the need for analysts with expertise in specific regions.
As businesses deal with more data, financial analysts will be key in helping them interpret this information. Their work will help companies make smart financial decisions and improve strategies.
Advancement opportunities for financial analysts are strong. With experience and proven skills, they can move into senior roles like finance manager, investment manager, director, or chief financial officer.
