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.

Ticker
JEF
Exchange
NYSE
Sector
Financial Services
Industry
Capital Markets
Market cap
$10.88B
52-week range
$35.53 - $66.60

Valuation

Share price
$47.38 (close of Nov 6, 2026)
P/E (TTM)
11.39x
Price to book
1.01x
Price to free cash flow
2.59x
Enterprise value
$21.36B
Book value per share
$46.82

Price performance

PeriodChange
1 day-2.51%
5 days+2.73%
1 month+5.38%
3 months-15.87%
6 months-8.44%
Year to date-23.54%
1 year-11.16%
3 years+37.93%
5 years+14.31%
10 years+195.57%
All time+78,176.53%

Short interest

As of
Oct 15, 2026
Short % of float
4.91%
Shares short
7.84M
Days to cover
3.15
Change since prior report
+6.83%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
6.41%
Return on assets
0.90%
Net margin
9.29%
Revenue growth
4.39%
Net income growth
-4.74%

Cash flow and balance sheet

Free cash flow yield (TTM)
38.59%
Net debt to EBITDA
2.10x

Latest reported year

Period end
Nov 30, 2025
Fiscal year
2025
Revenue
$7.34B
Net income
$682.04M
Earnings per share
$2.93
Interest expense
$3.48B
Shares outstanding
215.10M

Income statement by year

Period endRevenueNet incomeEPS
2025-11-30$7.34B$682.04M$2.93
2024-11-30$7.03B$716.02M$3.08
2023-11-30$4.70B$262.39M$1.12
2022-11-30$5.98B$781.71M$3.13
2021-11-30$8.01B$1.67B$6.29
2020-11-30$5.85B$769.61M$2.68
2019-11-30$3.89B$959.59M$3.07
2017-12-31$5.05B$167.35M$0.45
2016-12-31$3.85B$125.94M$0.34
2015-12-31$11.68B$279.59M$0.74

Margins and returns by year

Period endNet marginReturn on equity
2025-11-309.29%6.41%
2024-11-3010.18%7.00%
2023-11-305.58%2.68%
2022-11-3013.07%7.59%
2021-11-3020.81%15.76%
2020-11-3013.15%8.15%
2019-11-3024.65%9.99%
2017-12-313.31%1.65%
2016-12-313.27%1.22%
2015-12-312.39%2.67%

Cash and debt by year

Period endCashDebt
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 endFree cash flowStock-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
Aug 18, 2026
Paid in the last twelve months
$1.60
Payment dateDividend 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

Past earnings dates

ReportedFiscal periodEPS estimate
2026-09-28Aug 2026$1.04
2026-06-24May 2026$1.09
2026-03-25Feb 2026$0.89
2026-01-07Nov 2025$0.83
2025-09-29Aug 2025$0.79
2025-06-25May 2025$0.43
2025-03-26Feb 2025$0.88
2025-01-08Nov 2024$0.98

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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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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