As of August 01, 2026, the average salary for a FP & A Analyst II in the United States is $79,270 per year, which breaks down to an hourly rate of $38.
However, a FP & A Analyst II's salary can vary significantly. Here’s a look at the typical salary range:
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A FP & A 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, education, and company size can directly affect your earning potential.
Experience is a primary driver of a FP & A 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 |
|---|---|---|
| FP & A Analyst I | 0-2 years | $67,309 |
| FP & A Analyst II | 2-4 years | $79,262 |
| FP & A Analyst III | 4-7 years | $94,996 |
| FP & A Analyst IV | 7+ years | $114,520 |
| FP & A Analyst V | 7-10 years | $147,701 |
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 FP & A Analyst IIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 16.33% |
| Financial Planning | 1.61% |
| CPA | 1.05% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Consulting
|
$84,026 |
6%
|
|
Insight
|
$82,441 |
4%
|
|
Project Management
|
$82,441 |
4%
|
|
Collaboration
|
$81,648 |
3%
|
|
Leadership
|
$81,648 |
3%
|
|
SQL
|
$81,648 |
3%
|
FP & A Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $88,738. While startup companies pay approximate $75,070.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $75,070 |
| Growth Stage | 51~500 | $79,396 |
| Established | 501~5000 | $85,692 |
| Enterprise | 5000+ | $88,738 |
For FP & A Analyst II roles, the industry you choose can affect earning potential by as much as 10% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 5% above the average. In contrast, FP & A Analyst positions in Transportation or Software & Networking typically offer lower base pay, as these industries often view FP & A Analyst II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $83,234 | $40.0 | 5% |
| Business Services | $83,234 | $40.0 | 5% |
| Construction | $83,234 | $40.0 | 5% |
| Energy & Utilities | $83,234 | $40.0 | 5% |
| Healthcare | $83,234 | $40.0 | 5% |
Your level of education can impact your salary potential. While many FP & A Analyst IIs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a FP & A Analyst II with a Bachelor's Degree is between $77,386 and $81,798).
FP & A Analyst II Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.4% |
| High School | 1.4% |
| Associates | 1.5% |
| Bachelors | 52.3% |
| Masters | 44.3% |
| Doctorate | 0.5% |
Understanding how a FP & A 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.
Last Updated on August 01, 2026For a FP & A Analyst II, the most direct path to higher earnings is advancing to the FP & A Analyst III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $95,000 - a projected growth of 20% over your current level.
Salaries for a FP & A Analyst II can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $73,423 in 2023 to around $73,114 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of FP & A Analyst II salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $73,423 |
| 2024 | $73,489 |
| 2025 | $73,114 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Aerospace & Defense industry offers the highest average compensation for FP & A Analyst II roles, with salaries approximately 5% above the market median.
The salary for a Financial Planning & Analysis (FP&A) Analyst typically ranges from $73,310 to $90,130, with a midpoint of $80,840. While estimates for Morgan Stanley suggest an average salary of around $101,612, this is higher than the typical range for FP&A Analysts.
The salary for an FP&A Analyst at Southwest Airlines typically ranges from $73,310 to $90,130 per year, with a midpoint of $80,840. This reflects a competitive compensation structure within the industry, aligning closely with national averages for similar roles.
The salary range for an FP&A Analyst at J.P. Morgan is approximately $73,310 to $90,130 per year, with a midpoint salary of around $80,840. This reflects the base salary without including additional compensation.
The highest paid financial analyst roles can vary, but for an FP&A Analyst, the salary typically ranges from $73,310 to $90,130, with a mid-salary of $80,840. Other high-paying positions in finance may include roles like Financial Reporting Consultant and Private Equity Associate, which can exceed these figures significantly.
A Level 2 Financial Analyst performs routine to moderately complex financial and statistical analyses under supervision. They support financial planning and cash management initiatives, assist in the budget process, and manage ongoing budget activities. The salary range for this position typically falls between $73,310 and $90,130, with a midpoint of $80,840.
FP&A roles generally offer competitive salaries. The minimum salary for an FP&A Analyst is approximately $73,310, while the mid-range salary is around $80,840. For those with more experience, the maximum salary can reach up to $90,130. Overall, FP&A positions provide a solid earning potential in the finance sector.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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