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As of August 01, 2026, the average salary for an External Financial Modeling Analyst II in Texas is $101,900 per year, which breaks down to an hourly rate of $49.
However, an External Financial Modeling Analyst II's salary can vary significantly. Here’s a look at the typical salary range:
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External Financial Modeling Analyst II Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $115,600 | $9,633 | $2,223 | $56 |
| Average | $101,900 | $8,492 | $1,960 | $49 |
| 25th Percentile | $87,700 | $7,308 | $1,687 | $42 |
Jupiter Power - Houston, TX
ChristusHealth. - Tenneryville, TX
ChristusHealth. - Irving, TX
Sierra Nevada Corporation - Plano, TX
An External Financial Modeling Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of an External Financial Modeling Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| External Financial Modeling Analyst I | 0-2 years | $82,351 |
| External Financial Modeling Analyst II | 2-4 years | $101,892 |
| External Financial Modeling Analyst III | 4-7 years | $104,775 |
| External Financial Modeling Analyst IV | 7+ years | $122,310 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract External Financial Modeling Analyst IIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
External Financial Modeling Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $114,071. While startup companies pay approximate $96,502.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $96,502 |
| Growth Stage | 51~500 | $102,062 |
| Established | 501~5000 | $110,156 |
| Enterprise | 5000+ | $114,071 |
For External Financial Modeling Analyst II roles, the industry you choose can affect earning potential by as much as 75% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 35% above the average. In contrast, External Financial Modeling Analyst positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view External Financial Modeling Analyst II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $137,565 | $66.0 | 35% |
| Financial Services | $132,470 | $64.0 | 30% |
| Biotechnology | $127,375 | $61.0 | 25% |
| Energy & Utilities | $122,280 | $59.0 | 20% |
| Internet | $122,280 | $59.0 | 20% |
Understanding how an External Financial Modeling Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $115,600 | $9,633 | $2,223 | $56 |
| Average | $101,900 | $8,492 | $1,960 | $49 |
| 25th Percentile | $87,700 | $7,308 | $1,687 | $42 |
Promotions are the fastest way to increase your earnings. As an External Financial Modeling Analyst II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Audit Consultant III | $104,800 | 3% |
| Data Analytics Advisor III | $104,800 | 3% |
| External Financial Modeling Analyst III | $104,800 | 3% |
| Professional Services Consultant III | $90,000 | -12% |
Ready to take the next step in your career? Browse thousands of current External Financial Modeling Analyst II job openings on our job board. Use the search bar below to find your perfect match.
Magellan Health
Frisco, TX
Magellan Health | Frisco, TX
Primary responsibilities include analyzing costs, preparing financial reports and providing recommendations to leadership for lines of business according t... more
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Phenom People
Galveston, TX
Phenom People | Galveston, TX
Job Title. Minimum Qualifications. Bachelor's degree in Finance/Accounting or equivalent in related field. Three years related experience in a financial or... more
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ProSidian Consulting
Houston, TX
ProSidian Consulting | Houston, TX
Financial Analyst Level II / Contract Manager (Contract Contingent). ProSidian is a Management and Operations Consulting Services Firm focusing on providin... more
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Geodis
BRENTWOOD, TN
Geodis | BRENTWOOD, TN
IT Analyst - Qual II The IT Analyst II is responsible for providing systems analysis and support, or installing, configuring, and maintaining technologies ... more
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MassMutual
BOSTON, MA
MassMutual | BOSTON, MA
The Opportunity As the Actuary for Financial Projection Modeling, you’ll join the Modeling Center of Excellence (COE)—the team powering enterprise‑wide ins... more
7 Days Ago
MassMutual
SPRINGFIELD, MA
MassMutual | SPRINGFIELD, MA
The Opportunity As the Actuary for Financial Projection Modeling, you’ll join the Modeling Center of Excellence (COE)—the team powering enterprise‑wide ins... more
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