JEF · Jefferies Financial Group Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.87B | - | $2.91B | $2.49B | $2.47B | - | $2.60B | $2.52B | $2.55B | - |
| Cost of Revenue | $29.92M | - | $34.43M | $42.96M | $41.57M | - | $37.40M | $37.46M | $34.67M | - |
| Gross Profit | $2.84B | - | $2.87B | $2.45B | $2.43B | - | $2.56B | $2.48B | $2.52B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $56.87M | - | $53.23M | $52.25M | $30.99M | - | $45.98M | $49.95M | $43.20M | - |
| Operating Income | $212.22M | - | $331.81M | $134.90M | $151.06M | - | $252.69M | $227.75M | $220.24M | - |
| Interest Expense | - | - | - | - | - | - | - | $859.85M | $813.74M | - |
| Income Tax | $52.87M | - | $89.31M | $43.51M | $14.22M | - | $78.01M | $73.11M | $55.96M | - |
| Net Income | $159.35M | - | $223.99M | $88.02M | $127.79M | - | $167.13M | $145.74M | $149.64M | - |
| EPS - Basic | $0.72 | - | $1.04 | $0.41 | $0.60 | - | $0.78 | $0.66 | $0.68 | - |
| EPS - Diluted | $0.70 | - | $1.01 | $0.40 | $0.57 | - | $0.75 | $0.64 | $0.66 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.96B | $14.04B | $11.46B | $11.26B | $11.18B | $12.15B | $10.57B | $10.84B | $7.62B | $8.53B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $74.38B | $76.01B | $69.32B | $67.29B | $70.22B | $64.36B | $63.28B | $63.00B | $60.93B | $57.91B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $17.23B | $15.90B | $16.01B | $15.35B | $14.79B | $13.53B | $12.92B | $12.67B | $9.92B | $9.70B |
| Total Liabilities | $63.72B | $65.37B | $58.82B | $56.90B | $59.95B | $54.13B | $53.16B | $53.05B | $51.07B | $48.10B |
| Stockholders' Equity | $10.61B | $10.57B | $10.44B | $10.31B | $10.20B | $10.16B | $10.05B | $9.88B | $9.78B | $9.71B |
| Retained Earnings | $8.65B | $8.57B | $8.46B | $8.31B | $8.31B | $8.27B | $8.12B | $8.02B | $7.94B | $7.85B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.74B) | - | - | - | ($2.67B) | - | - | - | ($1.26B) | - |
| Investing Cash Flow | ($129.26M) | - | - | - | ($57.77M) | - | - | - | ($145.29M) | - |
| Financing Cash Flow | $627.10M | - | - | - | $2.03B | - | - | - | $320.90M | - |
| CapEx | $64.86M | - | - | - | $49.58M | - | - | - | $96.24M | - |
| Free Cash Flow | ($1.80B) | - | - | - | ($2.71B) | - | - | - | ($1.35B) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 99.0% | - | 98.8% | 98.3% | 98.3% | - | 98.6% | 98.5% | 98.6% | - |
| Operating margin | 7.4% | - | 11.4% | 5.4% | 6.1% | - | 9.7% | 9.1% | 8.6% | - |
| EBITDA margin | 9.4% | - | 13.2% | 7.5% | 7.4% | - | 11.5% | 11.0% | 10.3% | - |
| Net margin | 5.5% | - | 7.7% | 3.5% | 5.2% | - | 6.4% | 5.8% | 5.9% | - |
| Free cash flow margin | -62.8% | - | - | - | -109.8% | - | - | - | -53.1% | - |
| FCF / Net income | -11.31 | - | - | - | -21.24 | - | - | - | -9.05 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 24.9% | - | 28.5% | 33.1% | 10.0% | - | 31.8% | 33.4% | 27.2% | - |
| Return on assets | 0.2% | - | 0.3% | 0.1% | 0.2% | - | 0.3% | 0.2% | 0.2% | - |
| Return on equity | 1.5% | - | 2.1% | 0.9% | 1.3% | - | 1.7% | 1.5% | 1.5% | - |
| Return on invested capital | 0.6% | - | 0.9% | 0.4% | 0.5% | - | 0.8% | 0.7% | 0.8% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.62 | 1.50 | 1.53 | 1.49 | 1.45 | 1.33 | 1.29 | 1.28 | 1.01 | 1.00 |
| Debt / Assets | 0.23 | 0.21 | 0.23 | 0.23 | 0.21 | 0.21 | 0.20 | 0.20 | 0.16 | 0.17 |
| Debt / EBITDA | 64.03 | - | 41.59 | 82.03 | 81.22 | - | 43.27 | 45.61 | 37.64 | - |
| Interest coverage | - | - | - | - | - | - | - | 0.3x | 0.3x | - |
| Equity multiplier | 7.01 | 7.19 | 6.64 | 6.53 | 6.88 | 6.34 | 6.30 | 6.38 | 6.23 | 5.96 |
| Liabilities / Assets | 0.86 | 0.86 | 0.85 | 0.85 | 0.85 | 0.84 | 0.84 | 0.84 | 0.84 | 0.83 |
| Efficiency | ||||||||||
| Asset turnover | 0.04 | - | 0.04 | 0.04 | 0.04 | - | 0.04 | 0.04 | 0.04 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 63.4x | - | 64.2x | 121.5x | 116.1x | - | 79.9x | 72.7x | 63.4x | - |
| P / B | 0.9x | - | 1.4x | 1.0x | 1.4x | - | 1.3x | 1.1x | 1.0x | - |
| P / S | 3.5x | - | 5.0x | 4.3x | 6.0x | - | 5.1x | 4.2x | 3.7x | - |
| EV / EBITDA | 56.4x | - | 49.3x | 79.5x | 100.7x | - | 52.4x | 44.5x | 44.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 16.1% | - | 12.0% | -0.9% | -3.1% | - | 27.2% | 52.4% | 43.3% | - |
| Revenue CAGR (3y) | 17.3% | - | 16.5% | 15.5% | 8.4% | - | 6.6% | 5.1% | -1.9% | - |
| Revenue CAGR (5y) | 1.2% | - | 9.8% | 12.6% | 7.9% | - | 16.2% | 10.7% | 16.4% | - |
| Gross profit growth (YoY) | 16.9% | - | 12.3% | -1.1% | -3.4% | - | 25.4% | 50.3% | 41.5% | - |
| Operating income growth (YoY) | 40.5% | - | 31.3% | -40.8% | -31.4% | - | 177.5% | 1171.0% | 39.4% | - |
| Net income growth (YoY) | 24.7% | - | 34.0% | -39.6% | -14.6% | - | -14.5% | 1076.1% | 12.4% | - |
| EPS growth (YoY) | 22.8% | - | 34.7% | -37.5% | -13.6% | - | 240.9% | 1180.0% | 22.2% | - |
| EPS CAGR (3y) | 9.0% | - | 9.0% | -3.9% | -22.6% | - | -20.6% | -21.0% | -32.3% | - |
| EPS CAGR (5y) | -20.0% | - | -1.1% | 20.1% | 9.0% | - | 38.0% | -21.4% | 36.4% | - |
| FCF growth (YoY) | 33.6% | - | - | - | -100.5% | - | - | - | 26.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.0% | 4.1% | 3.9% | 4.4% | 4.3% | 4.6% | 3.6% | 1.9% | 0.3% | -5.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-11-30.
Business segments
$10.80B totalInvestment Banking And Capital Markets Segment$9.79B · 90.7%
Asset Management Segment$1.01B · 9.3%
Product / service
$16.72B totalInvestment Banking$3.80B · 22.7%
Interest Revenue$3.40B · 20.4%
Investment Banking Advisory$2.15B · 12.8%
Investment Banking Underwriting$1.64B · 9.8%
Principal Transactions Revenue$1.61B · 9.6%
Commissions And Other Fees$1.32B · 7.9%
Equities$1.29B · 7.7%
Product And Service Other$557.68M · 3.3%
Other Investments1$390.50M · 2.3%
Internet Connection And Boadband Revenue$228.06M · 1.4%
Asset Management1$130.67M · 0.8%
Real Estate$94.63M · 0.6%
Asset Management Services$67.72M · 0.4%
Investment Banking Segment$22.56M · 0.1%
Fixed Income Services$7.00M · 0.0%
Geographic
$8.31B totalAmericas$5.01B · 60.3%
Europe$1.78B · 21.4%
Europe And Middle East$963.29M · 11.6%
Asia Pacific$553.80M · 6.7%
Peer comparison
Same SIC group: Security Brokers, Dealers & Flotation Companies
Comparing Jefferies Financial Group Inc. against the 5 most active filers in the same SIC group.
Dividends
$1.60/share trailing 12 months · +6.7% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.4000 |
| Feb 17, 2026 | $0.4000 |
| Nov 17, 2025 | $0.4000 |
| Aug 18, 2025 | $0.4000 |
| May 19, 2025 | $0.4000 |
| Feb 14, 2025 | $0.4000 |
| Nov 18, 2024 | $0.3500 |
| Aug 19, 2024 | $0.3500 |
| May 17, 2024 | $0.3000 |
| Feb 15, 2024 | $0.3000 |
| Nov 10, 2023 | $0.3000 |
| Aug 11, 2023 | $0.3000 |
| May 12, 2023 | $0.3000 |
| Feb 10, 2023 | $0.3000 |
| Nov 10, 2022 | $0.2868 |
| Aug 12, 2022 | $0.2868 |
| May 13, 2022 | $0.2868 |
| Feb 11, 2022 | $0.2868 |
| Nov 12, 2021 | $0.2390 |
| Aug 13, 2021 | $0.2390 |
| May 14, 2021 | $0.1912 |
| Feb 11, 2021 | $0.1912 |
| Nov 12, 2020 | $0.1434 |
| Aug 14, 2020 | $0.1434 |