What is Jefferies Financial Group's earnings per share (EPS)?

Jefferies Financial Group (JEF) reported diluted earnings per share of $2.83 for fiscal year 2025. This represents a -5.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Jefferies Financial Group Financials

JEF

Trailing 12 months to May 31, 2026

Revenue $8.3B +21.4% YoY

Net Income $863.1M +36.3% YoY

EPS (Diluted) $2.83 FY2025 annual

Free Cash Flow $1.8B +163.6% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended May 31, 2026 Reported Jul 9, 2026 Currency USD FYE November

Jefferies Financial Group (JEF) reported $8.3B in revenue over the twelve months to May 31, 2026, up 21.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI JEF FY2025 2026-07-09

Balance-sheet expansion has been funded mainly by rising liabilities, while reported profit has not been turning into cash.

From FY2023 to FY2025, total assets rose from $57.9B to $76.0B while equity changed little. That means the balance sheet expansion was largely liability-funded, and the point is sharper because operating cash flow stayed negative in FY2024 and FY2025 even with positive net income.

By FY2025, cash reached $14.0B but long-term debt was higher at $15.9B, so liquidity rose alongside leverage rather than replacing it. With debt-to-equity moving from 1.0x to 1.5x over the last three years, the balance sheet is carrying more of the operating load.

The business is not cash-hungry because of heavy physical reinvestment: capital spending in FY2025 was only $207M against a free-cash outflow of $1.7B. That gap points more to balance-sheet swings than to equipment needs, and ROA of 0.9% versus ROE of 6.5% shows returns are being amplified by leverage.

Financial Health Signals

Financial Health Score 39/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Jefferies Financial Group's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

Growth

Capital

Efficiency

Not available for Jefferies Financial Group, and counted as zero in the overall score.

Credit Quality

Not available for Jefferies Financial Group, and counted as zero in the overall score.

Stability

Piotroski F-Score Partial

3/8

Jefferies Financial Group passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing

$2.19used

For every $1 of reported earnings, Jefferies Financial Group used $2.19 of operating cash (-$1.5B OCF vs $682.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Revenue

$7.3B

YoY+4.4%

5Y CAGR+4.7%

10Y CAGR-3.9%

Jefferies Financial Group generated $7.3B in revenue in fiscal year 2025. This represents an increase of 4.4% from the prior year.

Net Income

$682.0M

YoY-4.7%

5Y CAGR-2.4%

10Y CAGR+9.3%

Jefferies Financial Group reported $682.0M in net income in fiscal year 2025. This represents a decrease of 4.7% from the prior year.

EPS (Diluted)

$2.83

YoY-5.4%

5Y CAGR+1.3%

10Y CAGR+14.4%

Jefferies Financial Group earned $2.83 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 5.4% from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$1.7B

YoY-335.4%

Jefferies Financial Group recorded an outflow of $1.7B in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 335.4% from the prior year.

Cash & Debt

$14.0B

YoY+15.6%

5Y CAGR+9.2%

10Y CAGR+14.5%

Jefferies Financial Group held $14.0B in cash against $15.9B in long-term debt as of fiscal year 2025.

Dividends Per Share

$1.60

YoY+23.1%

5Y CAGR+21.7%

10Y CAGR+20.4%

Jefferies Financial Group paid $1.60 per share in dividends in fiscal year 2025. This represents an increase of 23.1% from the prior year.

Shares Outstanding

207M

YoY+0.3%

5Y CAGR-3.8%

10Y CAGR-5.5%

Jefferies Financial Group had 207M shares outstanding in fiscal year 2025. This represents an increase of 0.3% from the prior year.

Margins & Returns

Gross Margin

97.4%

YoY+0.3pp

5Y CAGR+3.2pp

10Y CAGR+67.9pp

Jefferies Financial Group's gross margin was 97.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the prior year.

Net Margin

9.3%

YoY-0.9pp

5Y CAGR-3.9pp

10Y CAGR+6.7pp

Jefferies Financial Group's net profit margin was 9.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.9 percentage points from the prior year.

Return on Equity

6.5%

YoY-0.6pp

5Y CAGR-1.7pp

10Y CAGR+3.8pp

Jefferies Financial Group's ROE was 6.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the prior year.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

Share Buybacks

$58.5M

YoY+32.1%

5Y CAGR-41.0%

10Y CAGR-7.4%

Jefferies Financial Group spent $58.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 32.1% from the prior year.

Capital Expenditures

$207.5M

YoY-17.2%

5Y CAGR+3.2%

Jefferies Financial Group invested $207.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 17.2% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

JEF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

JEF quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$8.3B	$7.3B+4.4%	$7.0B+49.7%	$4.7B-21.4%	$6.0B-25.4%	$8.0B+37.0%	$5.9B+50.3%	$3.9B+3.4%	$3.8B-7.7%	$4.1B+34.3%	$3.0B-72.1%	$10.9B-5.2%	$11.5B+10.2%	$10.4B+10.9%	$9.4B+1363.5%	$642.6M
Cost of Revenue	$167.6M	$190.9M-7.4%	$206.3M+600.8%	$29.4M-93.3%	$440.8M-6.4%	$470.9M+39.1%	$338.6M+5.9%	$319.6M+4.1%	$307.1M+9.3%	$281.0M-16.6%	$337.0M-95.6%	$7.7B-4.3%	$8.0B+6.0%	$7.6B+1.2%	$7.5B+3363.4%	$216.0M
Gross Profit	$8.2B	$7.2B+4.7%	$6.8B+46.2%	$4.7B-15.7%	$5.5B-26.6%	$7.5B+36.8%	$5.5B+54.3%	$3.6B+3.4%	$3.5B-8.9%	$3.8B+40.7%	$2.7B-15.9%	$3.2B-7.3%	$3.5B+21.1%	$2.9B+48.5%	$1.9B+351.1%	$426.7M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$17.6M-20.6%	$22.2M
SG&A Expenses	$4.4B	$3.9B+5.5%	$3.7B+44.3%	$2.5B-2.1%	$2.6B	$0	$0-100.0%	$1.0B+5.0%	$961.3M+23.6%	$778.1M-2.4%	$797.1M+5.2%	$757.8M-4.8%	$795.9M+18.0%	$674.2M+246.7%	$194.4M+16.5%	$166.9M
Interest Expense	$3.5B	$3.5B0.0%	$3.5B+27.0%	$2.7B+134.2%	$1.2B+25.6%	$931.6M-9.5%	$1.0B+1081.4%	$87.2M-2.3%	$89.2M-11.8%	$101.2M+5.7%	$95.8M-17.3%	$115.8M-4.2%	$120.9M+42.3%	$85.0M-8.2%	$92.6M-17.1%	$111.7M
Income Tax	$245.3M	$184.6M-37.0%	$293.2M+219.1%	$91.9M-66.4%	$273.9M-52.5%	$576.7M+93.1%	$298.7M+161.7%	-$484.0M-2646.1%	$19.0M-97.0%	$642.3M+2392.1%	$25.8M-76.6%	$109.9M-33.8%	$166.0M+21.6%	$136.5M-74.7%	$539.5M+764.6%	$62.4M
Net Income	$863.1M	$682.0M-4.7%	$716.0M+172.9%	$262.4M-66.4%	$781.7M-53.1%	$1.7B+116.7%	$769.6M-19.8%	$959.6M-6.1%	$1.0B+510.9%	$167.4M+32.9%	$125.9M-55.0%	$279.6M+36.8%	$204.3M-44.7%	$369.2M-56.8%	$854.5M+3286.6%	$25.2M
EPS (Diluted)	—	$2.83-5.4%	$2.99+171.8%	$1.10-64.1%	$3.06-50.1%	$6.13+131.3%	$2.65-12.5%	$3.03+4.5%	$2.90+544.4%	$0.45+32.4%	$0.34-54.1%	$0.74+37.0%	$0.54-49.1%	$1.06-69.2%	$3.44+3340.0%	$0.10

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$2.2B+9.4%	$2.0B-2.5%	$2.1B+1.0%	$2.0B+25.3%	$1.6B+2.6%	$1.6B-18.6%	$2.0B+16.2%	$1.7B
Cost of Revenue	$31.3M+4.5%	$29.9M-58.4%	$72.0M+109.0%	$34.4M-19.9%	$43.0M+3.4%	$41.6M-57.0%	$96.8M+158.7%	$37.4M
Gross Profit	$2.2B+9.5%	$2.0B-0.5%	$2.0B-0.8%	$2.0B+26.5%	$1.6B+2.6%	$1.6B-16.6%	$1.9B+13.0%	$1.6B
SG&A Expenses	$1.2B+9.4%	$1.1B+0.5%	$1.1B-0.3%	$1.1B+26.8%	$854.8M+1.6%	$841.1M-14.3%	$981.6M+10.4%	$889.1M
Interest Expense	$911.7M+6.7%	$854.1M-2.9%	$880.0M+2.3%	$860.2M0.0%	$859.9M-2.3%	$879.8M-1.7%	$894.6M-1.9%	$912.0M
Income Tax	$65.6M+24.0%	$52.9M+40.8%	$37.5M-58.0%	$89.3M+105.3%	$43.5M+206.0%	$14.2M-83.5%	$86.1M+10.4%	$78.0M
Net Income	$250.0M+56.9%	$159.3M-24.6%	$211.3M-12.9%	$242.5M+165.3%	$91.4M-33.2%	$136.8M-38.9%	$223.9M+23.7%	$181.0M
EPS (Diluted)	N/A	$0.70-17.6%	$0.85-15.8%	$1.01+152.5%	$0.40-29.8%	$0.57-38.7%	$0.93+24.0%	$0.75

Not reported in any period shown, so not listed: R&D Expenses, Operating Income.

JEF Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

JEF quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$76.0B+18.1%	$64.4B+11.1%	$57.9B+13.4%	$51.1B-9.0%	$56.1B+5.6%	$53.1B+7.4%	$49.5B+4.9%	$47.1B-0.1%	$47.2B+4.7%	$45.1B-2.7%	$46.3B-11.9%	$52.6B+9.9%	$47.9B+412.0%	$9.3B+0.9%	$9.3B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$2.5B+101.1%	$1.3B
Cash & Equivalents	$14.0B+15.6%	$12.2B+42.5%	$8.5B-12.1%	$9.7B-9.8%	$10.8B+18.8%	$9.1B+17.9%	$7.7B+46.0%	$5.3B-0.3%	$5.3B+38.6%	$3.8B+4.6%	$3.6B-14.9%	$4.3B+9.4%	$3.9B+2577.2%	$146.0M-13.4%	$168.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$309.9M+7.6%	$288.1M-31.9%	$422.9M+16.1%	$364.3M-5.0%	$383.5M+8.2%	$354.6M
Goodwill	$1.8B+0.5%	$1.8B-1.1%	$1.8B+6.4%	$1.7B-0.5%	$1.7B-0.1%	$1.7B+0.4%	$1.7B+2.2%	$1.7B-1.2%	$1.7B+0.4%	$1.7B-1.2%	$1.7B-0.3%	$1.7B-0.3%	$1.7B+7125.0%	$24.2M+33.5%	$18.1M
Total Liabilities	$65.4B+20.8%	$54.1B+12.5%	$48.1B+18.4%	$40.6B-10.5%	$45.4B+4.2%	$43.5B+9.6%	$39.7B+7.6%	$36.9B+1.2%	$36.5B+6.3%	$34.3B-3.5%	$35.5B-15.2%	$41.9B+12.4%	$37.3B+1495.3%	$2.3B-17.9%	$2.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1.3B+46.0%	$877.1M
Long-Term Debt	$15.9B+17.5%	$13.5B+39.5%	$9.7B+10.5%	$8.8B-3.9%	$9.1B+9.3%	$8.4B+0.2%	$8.3B+9.4%	$7.6B-3.4%	$7.9B+6.8%	$7.4B-0.3%	$7.4B-13.2%	$8.5B+4.2%	$8.2B+791.0%	$918.1M-51.0%	$1.9B
Total Equity	$10.6B+4.1%	$10.2B+4.6%	$9.7B-5.1%	$10.2B-3.0%	$10.6B+12.2%	$9.4B-1.8%	$9.6B-4.8%	$10.1B-0.4%	$10.1B-0.2%	$10.1B-2.6%	$10.4B+1.0%	$10.3B+2.0%	$10.1B+49.3%	$6.8B+9.6%	$6.2B
Retained Earnings	$8.6B+3.7%	$8.3B+5.4%	$7.8B-6.8%	$8.4B+6.0%	$7.9B+21.6%	$6.5B+10.1%	$5.9B+5.8%	$5.6B+19.3%	$4.7B+1.2%	$4.6B+0.7%	$4.6B+4.2%	$4.4B+2.5%	$4.3B+1.9%	$4.2B+23.0%	$3.4B

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$79.5B+6.9%	$74.4B-2.1%	$76.0B+9.7%	$69.3B+3.0%	$67.3B-4.2%	$70.2B+9.1%	$64.4B+1.7%	$63.3B
Cash & Equivalents	$14.3B+19.7%	$12.0B-14.8%	$14.0B+22.6%	$11.5B+1.8%	$11.3B+0.8%	$11.2B-8.0%	$12.2B+14.9%	$10.6B
Goodwill	$1.7B0.0%	$1.7B-6.1%	$1.8B-0.2%	$1.8B-0.1%	$1.8B+1.0%	$1.8B-0.2%	$1.8B-0.3%	$1.8B
Total Liabilities	$68.9B+8.2%	$63.7B-2.5%	$65.4B+11.1%	$58.8B+3.4%	$56.9B-5.1%	$60.0B+10.7%	$54.1B+1.8%	$53.2B
Long-Term Debt	$18.0B+4.7%	$17.2B+8.4%	$15.9B-0.7%	$16.0B+4.3%	$15.4B+3.8%	$14.8B+9.3%	$13.5B+4.7%	$12.9B
Total Equity	$10.6B-0.4%	$10.6B+0.3%	$10.6B+1.3%	$10.4B+1.3%	$10.3B+1.0%	$10.2B+0.5%	$10.2B+1.1%	$10.0B
Retained Earnings	$8.8B+1.8%	$8.6B+0.8%	$8.6B+1.3%	$8.5B+1.8%	$8.3B0.0%	$8.3B+0.5%	$8.3B+1.8%	$8.1B

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities.

JEF Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

JEF quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$2.0B	-$1.5B-964.4%	-$140.5M+92.7%	-$1.9B-207.1%	$1.8B+14.1%	$1.6B-23.0%	$2.1B+348.3%	-$827.8M-219.8%	$691.1M-12.3%	$788.3M+37.7%	$572.4M+175.1%	-$761.8M+22.8%	-$987.2M-240.6%	$702.3M+8.8%	$645.4M+215.9%	-$556.8M
Capital Expenditures	$227.1M	$207.5M-17.2%	$250.6M+21595.6%	$1.2M-99.5%	$224.3M+35.4%	$165.6M-6.4%	$177.0M	N/A	N/A	N/A	N/A	N/A	N/A	$137.1M+92.3%	$71.3M+84.8%	$38.6M
Free Cash Flow	$1.8B	-$1.7B-335.4%	-$391.1M+79.8%	-$1.9B-222.4%	$1.6B+11.6%	$1.4B-24.6%	$1.9B	N/A	N/A	N/A	N/A	N/A	N/A	$565.2M-1.6%	$574.1M+196.4%	-$595.4M
Investing Cash Flow	-$353.8M	-$298.8M-242.1%	$210.3M+1823.3%	-$12.2M+79.8%	-$60.5M+85.2%	-$409.9M-147.4%	-$165.7M-109.7%	$1.7B+1098.4%	$142.4M+360.7%	-$54.6M+91.4%	-$636.2M-181.4%	$781.2M+73.9%	$449.1M-86.5%	$3.3B+20098.9%	-$16.6M-104.3%	$390.7M
Financing Cash Flow	N/A	N/A	N/A	$1.1B+137.3%	-$2.8B-386.0%	$994.3M+237.4%	-$723.5M-145.5%	$1.6B+376.0%	-$575.8M-232.4%	$434.8M+88.3%	$230.9M+135.4%	-$652.0M-171.0%	$917.8M+439.3%	-$270.5M+58.5%	-$651.7M-511.1%	-$106.6M
Dividends Paid	$371.7M	$374.1M+23.5%	$303.0M+8.7%	$278.6M-0.5%	$280.1M+25.7%	$222.8M+38.4%	$160.9M+7.5%	$149.6M-1.4%	$151.8M+29.3%	$117.4M+28.6%	$91.3M-1.4%	$92.5M-0.6%	$93.1M+1.9%	$91.3M+49.4%	$61.1M0.0%	$61.1M
Share Buybacks	$372.7M	$58.5M+32.1%	$44.3M-73.8%	$169.4M-80.3%	$859.6M+219.1%	$269.4M-67.0%	$816.9M+60.2%	$509.9M-54.9%	$1.1B+1025.5%	$100.5M+5.7%	$95.0M-24.4%	$125.8M+66.1%	$75.7M+89.2%	$40.0M	N/A	$155K

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$1.6B+192.1%	-$1.7B-188.4%	$2.0B+966.4%	$184.2M+118.8%	-$978.3M+63.3%	-$2.7B-255.9%	$1.7B+355.2%	-$670.0M
Capital Expenditures	$48.0M-26.0%	$64.9M+15.7%	$56.0M-3.7%	$58.2M+33.2%	$43.7M-11.9%	$49.6M-29.1%	$69.9M+95.4%	$35.8M
Free Cash Flow	$1.6B+186.1%	-$1.8B-194.4%	$1.9B+1414.3%	$126.0M+112.3%	-$1.0B+62.4%	-$2.7B-265.6%	$1.6B+332.3%	-$705.8M
Investing Cash Flow	-$82.9M+35.9%	-$129.3M-48.4%	-$87.1M-59.5%	-$54.6M+45.1%	-$99.4M-72.0%	-$57.8M+45.8%	-$106.5M-124.9%	$427.3M
Financing Cash Flow	$248.5M-60.4%	$627.1M	N/A	N/A	$859.1M-57.6%	$2.0B	N/A	N/A
Dividends Paid	$91.8M-1.1%	$92.8M-0.8%	$93.5M0.0%	$93.5M-0.8%	$94.3M+1.7%	$92.7M+13.7%	$81.6M0.0%	$81.6M
Share Buybacks	$197.4M+13.3%	$174.3M+600944.8%	$29K-96.8%	$918K-26.6%	$1.3M-97.8%	$56.3M+5631700.0%	$1K-99.7%	$332K

JEF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

JEF quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	97.4%+0.3pp	97.1%-2.3pp	99.4%+6.7pp	92.6%-1.5pp	94.1%-0.1pp	94.2%+2.4pp	91.8%0.0pp	91.8%-1.3pp	93.1%+4.2pp	88.9%+59.4pp	29.5%-0.7pp	30.1%+2.7pp	27.4%+6.9pp	20.5%-45.9pp	66.4%
Net Margin	9.3%-0.9pp	10.2%+4.6pp	5.6%-7.5pp	13.1%-7.7pp	20.8%+7.7pp	13.2%-11.5pp	24.6%-2.5pp	27.2%+23.1pp	4.1%-0.1pp	4.2%+1.6pp	2.6%+0.8pp	1.8%-1.8pp	3.5%-5.5pp	9.1%+5.2pp	3.9%
Return on Equity	6.5%-0.6pp	7.0%+4.3pp	2.7%-4.9pp	7.6%-8.2pp	15.8%+7.6pp	8.2%-1.8pp	10.0%-0.1pp	10.2%+8.5pp	1.7%+0.4pp	1.2%-1.5pp	2.7%+0.7pp	2.0%-1.7pp	3.6%-9.0pp	12.6%+12.2pp	0.4%
Return on Assets	0.9%-0.2pp	1.1%+0.7pp	0.4%-1.1pp	1.5%-1.4pp	3.0%+1.5pp	1.5%-0.5pp	1.9%-0.2pp	2.2%+1.8pp	0.4%+0.1pp	0.3%-0.3pp	0.6%+0.2pp	0.4%-0.4pp	0.8%-8.4pp	9.1%+8.9pp	0.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	1.97+0.5x	1.43
Debt-to-Equity	1.50+0.2x	1.33+0.3x	1.00+0.1x	0.860.0x	0.860.0x	0.890.0x	0.87+0.1x	0.760.0x	0.78+0.1x	0.730.0x	0.71-0.1x	0.830.0x	0.81+0.7x	0.14-0.2x	0.30
FCF Margin	-23.2%-17.6pp	-5.6%+35.6pp	-41.2%-67.6pp	26.4%+8.8pp	17.7%-14.4pp	32.1%	N/A	N/A	N/A	N/A	N/A	N/A	5.4%-0.7pp	6.1%+98.7pp	-92.6%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	98.6%+0.1pp	98.5%+2.0pp	96.5%-1.8pp	98.3%+0.9pp	97.4%0.0pp	97.4%+2.3pp	95.1%-2.7pp	97.8%
Net Margin	11.3%+3.4pp	7.9%-2.3pp	10.2%-1.6pp	11.8%+6.3pp	5.6%-3.0pp	8.6%-2.8pp	11.4%+0.7pp	10.8%
Return on Equity	2.4%+0.9pp	1.5%-0.5pp	2.0%-0.3pp	2.3%+1.4pp	0.9%-0.5pp	1.3%-0.9pp	2.2%+0.4pp	1.8%
Return on Assets	0.3%+0.1pp	0.2%-0.1pp	0.3%-0.1pp	0.4%+0.2pp	0.1%-0.1pp	0.2%-0.2pp	0.4%+0.1pp	0.3%
Debt-to-Equity	1.71+0.1x	1.62+0.1x	1.500.0x	1.530.0x	1.490.0x	1.45+0.1x	1.330.0x	1.29
FCF Margin	70.3%+159.6pp	-89.3%-181.6pp	92.2%+86.1pp	6.2%+68.7pp	-62.5%	-170.4%	83.8%+125.7pp	-41.9%

Not reported in any period shown, so not listed: Operating Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

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Where Jefferies Financial Group Ranks

Frequently Asked Questions

What is Jefferies Financial Group's annual revenue?

Jefferies Financial Group (JEF) reported $7.3B in total revenue for fiscal year 2025. This represents a 4.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Jefferies Financial Group's revenue growing?

Jefferies Financial Group (JEF) revenue grew by 4.4% year-over-year, from $7.0B to $7.3B in fiscal year 2025.

Is Jefferies Financial Group profitable?

Yes, Jefferies Financial Group (JEF) reported a net income of $682.0M in fiscal year 2025, with a net profit margin of 9.3%.

How much debt does Jefferies Financial Group have?

As of fiscal year 2025, Jefferies Financial Group (JEF) had $14.0B in cash and equivalents against $15.9B in long-term debt.

What is Jefferies Financial Group's gross margin?

Jefferies Financial Group (JEF) had a gross margin of 97.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Jefferies Financial Group's net profit margin?

Jefferies Financial Group (JEF) had a net profit margin of 9.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Jefferies Financial Group pay dividends?

Yes, Jefferies Financial Group (JEF) paid $1.60 per share in dividends during fiscal year 2025.

What is Jefferies Financial Group's return on equity (ROE)?

Jefferies Financial Group (JEF) has a return on equity of 6.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Jefferies Financial Group's free cash flow?

Jefferies Financial Group (JEF) recorded an outflow of $1.7B in free cash flow during fiscal year 2025. This represents a -335.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Jefferies Financial Group's operating cash flow?

Jefferies Financial Group (JEF) recorded an outflow of $1.5B in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Jefferies Financial Group's total assets?

Jefferies Financial Group (JEF) had $76.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Jefferies Financial Group's capital expenditures?

Jefferies Financial Group (JEF) invested $207.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Jefferies Financial Group buy back shares?

Yes, Jefferies Financial Group (JEF) spent $58.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Jefferies Financial Group have outstanding?

Jefferies Financial Group (JEF) had 207M shares outstanding as of fiscal year 2025.

What is Jefferies Financial Group's debt-to-equity ratio?

Jefferies Financial Group (JEF) had a debt-to-equity ratio of 1.50 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Jefferies Financial Group's return on assets (ROA)?

Jefferies Financial Group (JEF) had a return on assets of 0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Jefferies Financial Group's Piotroski F-Score?

Jefferies Financial Group (JEF) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Jefferies Financial Group's earnings high quality?

For every $1 of reported earnings, Jefferies Financial Group (JEF) used $2.19 of operating cash (-$1.5B OCF vs $682.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Jefferies Financial Group?

Jefferies Financial Group (JEF) scores 39 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.