Jefferies Financial Group Inc. (JEF)
Jefferies Financial Group Inc. operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. It operates in two segments, Investment Banking and Capital Markets, and Asset Management. The company provides investment banking and advisory services for mergers or acquisitions, debt financing, restructurings, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal debt, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services. It also offers financing, securities lending, and other prime brokerage services; equities research, sales, and trading services; wealth management services; and online foreign exchange trading services. In addition, the company provides investment-grade distressed debt securities, U.S. and European government and agency securities, municipal bonds, leveraged loans, emerging markets debt, interest rates, and credit index derivative products; and manages and offers services to a diverse group of alternative asset management platforms across a spectrum of investment strategies and asset classes. It serves public companies, private companies, sponsors and owners, institutional investors, and government entities. The company was formerly known as Leucadia National Corporation and changed its name to Jefferies Financial Group Inc. in May 2018. Jefferies Financial Group Inc. was founded in 1962 and is headquartered in New York, New York.
- Symbol
- JEF
- Exchange
- NYSE
- Sector
- Financial Services
- Industry
- Capital Markets
- Market cap
- $9.64B
- 52 week range
- 35.53 - 71.04
Valuation
- Share price
- $46.98 (close of 2026-09-23)
- P/E (TTM)
- 12.25x
- Price to book
- 0.91x
- Price to free cash flow
- 5.40x
- Enterprise value
- $21.80B
- Book value per share
- $52.15
Price performance
| Period | Change |
|---|
| 1 day | -1.82% |
| 5 days | -3.79% |
| 1 month | -10.22% |
| 3 months | -22.37% |
| 6 months | +18.79% |
| Year to date | -24.19% |
| 1 year | -31.05% |
| 3 years | +26.26% |
| 5 years | +31.89% |
| 10 years | +178.65% |
| All time | +78200.00% |
Profitability and growth
- Return on equity
- 6.41%
- Return on assets
- 0.90%
- Gross margin
- 96.56%
- Net margin
- 12.30%
- EBITDA margin
- 81.83%
- Revenue growth
- 14.17%
- Net income growth
- -4.74%
- Free cash flow growth
- -335.39%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 18.50%
- Net debt to EBITDA
- 2.51x
Latest reported year
- Period end
- 2025-11-30
- Fiscal year
- 2025
- Revenue
- $5.55B
- Cost of revenue
- $190.93M
- Gross profit
- $5.36B
- EBITDA
- $4.54B
- Net income
- $682.04M
- Earnings per share
- $2.93
- Interest expense
- $3.48B
- Shares outstanding
- 215.10M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-11-30 | $5.55B | $5.36B | $682.04M | $2.93 |
| 2024-11-30 | $4.86B | $4.65B | $716.02M | $3.08 |
| 2023-11-30 | $3.23B | $3.20B | $262.39M | $1.12 |
| 2022-11-30 | $4.74B | $4.30B | $781.71M | $3.13 |
| 2021-11-30 | $6.14B | $5.67B | $1.67B | $6.29 |
| 2020-11-30 | $3.92B | $3.58B | $769.61M | $2.68 |
| 2019-11-30 | $2.79B | $2.47B | $959.59M | $2.93 |
| 2017-12-31 | $5.05B | $4.77B | $167.35M | $0.43 |
| 2016-12-31 | $3.85B | $3.51B | $125.94M | $0.30 |
| 2015-12-31 | $11.68B | $4.01B | $279.59M | $0.66 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity |
|---|
| 2025-11-30 | 96.56% | 12.30% | 6.41% |
| 2024-11-30 | 95.75% | 14.74% | 7.00% |
| 2023-11-30 | 99.09% | 8.12% | 2.68% |
| 2022-11-30 | 90.71% | 16.48% | 7.59% |
| 2021-11-30 | 92.33% | 27.15% | 15.76% |
| 2020-11-30 | 91.37% | 19.62% | 8.15% |
| 2019-11-30 | 88.54% | 34.39% | 9.99% |
| 2017-12-31 | 94.44% | 3.31% | 1.65% |
| 2016-12-31 | 91.24% | 3.27% | 1.22% |
| 2015-12-31 | 34.29% | 2.39% | 2.67% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-11-30 | $14.04B | $15.90B |
| 2024-11-30 | $12.15B | $13.53B |
| 2023-11-30 | $8.53B | $9.70B |
| 2022-11-30 | $9.70B | $8.77B |
| 2021-11-30 | $10.76B | $9.13B |
| 2020-11-30 | $9.06B | $8.35B |
| 2019-11-30 | $7.68B | $8.34B |
| 2017-12-31 | $5.28B | $7.89B |
| 2016-12-31 | $3.81B | $7.38B |
| 2015-12-31 | $3.64B | $7.40B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-11-30 | $-1.70B | $88.23M |
| 2024-11-30 | $-391.05M | $63.12M |
| 2023-11-30 | $-1.93B | $45.36M |
| 2022-11-30 | $1.58B | $43.92M |
| 2021-11-30 | $1.42B | $78.16M |
| 2020-11-30 | $1.88B | $40.04M |
| 2019-11-30 | $-827.84M | $49.85M |
| 2017-12-31 | $788.29M | $48.38M |
| 2016-12-31 | $572.41M | $33.60M |
| 2015-12-31 | $-761.75M | $74.09M |
Dividend history
- Most recent payment
- 2026-08-18
- Paid in the last twelve months
- $1.60
| Payment date | Dividend per share |
|---|
| 2026-08-18 | $0.40 |
| 2026-05-18 | $0.40 |
| 2026-02-17 | $0.40 |
| 2025-11-17 | $0.40 |
| 2025-08-18 | $0.40 |
| 2025-05-19 | $0.40 |
| 2025-02-14 | $0.40 |
| 2024-11-18 | $0.35 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-09-28
- Consensus EPS estimate
- $1.04
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-06-24 | May/2026 | $1.09 |
| 2026-03-25 | - | - |
| 2026-01-07 | - | - |
| 2025-09-29 | - | - |
| 2025-06-25 | - | - |
| 2025-03-26 | - | - |
| 2025-01-08 | - | - |
| 2024-09-25 | - | - |
Filings and sources
- Company website
- jefferies.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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