NYSE : JEF

Jefferies Financial Group Inc. — Financial statements

Financials · Capital Markets · United States

Last price 46.12 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 10.59B

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Financial statements

Jefferies Financial Group Inc. (JEF) reported revenue of 8.51B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year December - November; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Interest and Dividend Income3.42B3.40B3.54B2.87B1.18B956.32M
Total Interest Expense3.65B3.48B3.48B2.74B1.17B931.64M
Net Interest Income-232.41M-77.61M63.23M127.69M13.21M24.68M
Brokerage Commission1.52B1.32B1.09B905.66M925.49M896.01M
Trading & Principal Transactions1.82B1.61B1.82B1.41B833.76M1.62B
Asset Management Fee99.13M130.67M86.11M82.57M80.26M72.08M
Underwriting & Investment Banking Fee4.72B3.80B3.31B2.17B2.81B4.37B
Gain on Sale of Investments (Rev)-61.90M-25.30M
Other Revenue583.25M557.68M649.89M63.74M1.34B1.04B
Revenue8.51B7.34B7.01B4.70B5.98B8.01B
Salaries & Employee Benefits4.55B3.86B3.66B2.54B2.59B3.55B
Cost of Services Provided2.32B2.14B1.95B1.48B2.15B2.05B
Other Operating Expenses251.58M280.15M226.92M214.39M
Total Operating Expenses7.32B6.47B6.03B4.35B4.92B5.76B
Operating Income1.19B870.99M981.35M354.27M1.06B2.25B
EBT Excluding Unusual Items1.19B870.99M981.35M354.27M1.06B2.25B
Asset Writedown-6.70M
Pretax Income1.13B870.99M1.01B354.27M1.06B2.25B
Income Tax Expense218.76M184.57M293.19M91.88M273.85M576.73M
Earnings From Continuing Ops.913.25M686.42M712.35M262.39M781.71M1.68B
Earnings From Discontinued Ops.-4.37M-4.37M3.67M
Net Income to Company908.87M682.04M716.02M262.39M781.71M1.68B
Minority Interest in Earnings27.78M28.43M27.36M15.30M3.74M-3.02M
Net Income936.65M710.48M743.38M277.69M785.45M1.67B
Preferred Dividends & Other Adjustments84.05M79.68M74.11M16.75M11.30M16.91M
Net Income to Common852.60M630.79M669.27M260.94M774.15M1.66B
Shares Outstanding (Basic)218.48M215.10M217.08M232.61M247.38M263.60M
Shares Outstanding (Diluted)241.96M222.75M223.65M236.62M255.57M271.50M
EPS (Basic)3.902.933.081.123.136.29
EPS (Diluted)3.772.832.991.103.066.13
Free Cash Flow4.20B-1.71B-459.84M-1.93B1.58B1.42B
Free Cash Flow Per Share17.34-7.66-2.06-8.186.185.22
Dividend Per Share1.601.601.301.201.200.90
Operating Margin13.98%11.86%14.00%7.54%17.77%28.13%
Profit Margin10.01%8.59%9.55%5.55%12.95%20.68%
Free Cash Flow Margin49.27%-23.24%-6.56%-41.16%26.44%17.68%
Effective Tax Rate19.32%21.19%29.16%25.94%25.94%25.59%
Revenue as Reported12.17B10.82B10.52B7.44B7.15B8.95B

Balance sheet

Fiscal year December - November; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents16.88B14.04B12.15B8.53B9.70B10.76B
Short-Term Investments47.46B45.38B38.66B36.30B30.00B33.09B
Accounts Receivable7.51B7.75B5.16B4.09B3.02B4.07B
Other Receivables898.05M827.32M689.04M1.90B1.99B2.19B
Property, Plant & Equipment1.19B1.25B1.19B1.07B906.86M911.23M
Goodwill1.73B1.84B1.83B1.85B1.74B1.75B
Other Intangible Assets202.58M226.37M196.92M139.46M152.40M
Investments in Debt & Equity Securities21.90M21.90M21.90M
Other Current Assets294.06M51.88M1.55B
Long-Term Deferred Tax Assets459.05M497.59M458.34M387.86M556.38M
Other Long-Term Assets5.31B4.23B3.87B1.97B3.17B2.63B
Total Assets81.30B76.01B64.36B57.91B51.06B56.11B
Accounts Payable11.36B12.17B7.76B7.70B6.21B8.41B
Accrued Expenses3.70B3.74B3.43B2.50B2.55B3.28B
Short-Term Debt19.15B17.68B15.22B14.30B10.49B10.74B
Current Portion of Long-Term Debt720.69M2.01B1.24B788.42M666.91M540.94M
Current Portion of Leases109.76M98.22M97.74M76.85M75.38M
Other Current Liabilities14.33B11.84B10.37B11.11B9.46B7.80B
Long-Term Debt20.70B17.24B15.39B11.11B10.70B14.00B
Long-Term Leases541.49M484.34M537.09M446.91M456.86M472.91M
Long-Term Unearned Revenue59.50M92.30M79.10M48.30M27.00M49.70M
Total Liabilities70.55B65.37B54.13B48.10B40.63B45.38B
Common Stock229.66M206.30M205.50M210.63M226.13M243.54M
Additional Paid-In Capital1.85B2.18B2.10B2.04B1.97B2.74B
Retained Earnings9.00B8.57B8.27B7.85B8.42B7.94B
Comprehensive Income & Other-361.92M-384.43M-423.13M-395.55M-379.42M-372.14M
Total Common Equity10.71B10.57B10.16B9.71B10.23B10.55B
Minority Interest38.50M67.91M68.62M92.71M69.09M51.28M
Shareholders' Equity10.75B10.64B10.23B9.80B10.43B10.73B
Total Liabilities & Equity81.30B76.01B64.36B57.91B51.06B56.11B
Total Debt41.11B37.52B32.49B26.75B22.39B25.83B
Net Cash (Debt)23.24B21.90B18.33B18.09B17.32B18.02B
Net Cash Per Share96.0498.3481.9576.4367.7566.37
Filing Date Shares Outstanding229.67M206.69M206.09M211.94M226.16M241.86M
Total Common Shares Outstanding229.66M206.30M205.50M210.63M226.13M243.54M
Working Capital23.80B20.45B18.60B15.87B15.27B19.26B
Book Value Per Share46.6551.2649.4246.1045.2543.33
Tangible Book Value8.99B8.53B8.10B7.67B8.36B8.66B
Tangible Book Value Per Share39.1441.3739.4336.3936.9635.54

Cash flow statement

Fiscal year December - November; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income936.65M710.48M743.38M277.69M785.45M1.67B
Depreciation & Amortization, Total186.17M201.91M197.85M113.47M189.34M144.25M
Stock-Based Compensation116.18M88.23M63.12M45.36M43.92M78.16M
Change in Accounts Receivable-1.83B-2.74B-1.15B-1.02B1.22B-493.98M
Change in Accounts Payable3.25B4.41B64.53M1.14B-2.17B2.38B
Change in Other Net Operating Assets1.53B-4.79B-262.06M-2.70B2.57B-2.23B
Other Operating Activities187.63M573.99M233.19M-104.62M-675.44M10.91M
Operating Cash Flow4.41B-1.50B-209.25M-1.93B1.80B1.58B
Capital Expenditures-218.25M-207.47M-250.58M-1.16M-224.30M-165.60M
Cash Acquisitions215.19M
Investment in Securities-203.88M-118.18M-143.67M-135.00M-61.48M-25.99M
Other Investing Activities8.64M-1.17M
Investing Cash Flow-446.75M-298.81M210.31M-12.20M-60.54M-409.87M
Short-Term Debt Issued10.36B6.22B5.47B3.66B1.01B
Long-Term Debt Issued6.75B6.83B2.30B1.20B3.69B
Total Debt Issued17.77B17.11B13.05B7.76B4.86B4.70B
Short-Term Debt Repaid-9.04B-6.77B-5.01B-3.35B-1.56B
Long-Term Debt Repaid-4.06B-2.43B-1.28B-3.27B-1.65B
Total Debt Repaid-15.40B-13.10B-9.19B-6.29B-6.63B-3.20B
Net Debt Issued (Repaid)2.37B4.01B3.85B1.47B-1.77B1.50B
Repurchase of Common Stock-439.96M-58.52M-44.31M-169.40M-859.59M-269.40M
Dividends Paid-370.00M-374.13M-302.96M-278.60M-280.10M-222.80M
Other Financing Activities7.79M17.34M-167.90M6.06M65.00M-10.13M
Financing Cash Flow1.56B3.59B3.35B1.06B-2.84B994.29M
Foreign Exchange Rate Adjustments-17.48M2.37M-2.25M54.91M-22.14M-3.39M
Net Cash Flow5.49B1.80B3.33B-876.49M-1.12B2.16B
Free Cash Flow4.20B-1.71B-459.84M-1.93B1.58B1.42B
Free Cash Flow Margin49.27%-23.24%-6.56%-41.16%26.44%17.68%
Free Cash Flow Per Share17.34-7.66-2.06-8.186.185.22
Cash Interest Paid3.60B3.48B3.44B2.35B1.16B936.27M
Cash Income Tax Paid265.53M291.97M257.50M159.36M214.07M727.13M

Ratios

Fiscal year December - November; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization11.08B11.87B16.26B7.46B8.70B9.23B
Last Close Price46.1256.2875.3032.9032.5331.06
PE Ratio12.8018.8224.3028.5811.245.57
PS Ratio1.301.622.321.591.461.15
PB Ratio0.991.121.590.760.830.86
P/FCF Ratio2.635.506.51
P/OCF Ratio2.504.825.83
Debt / Equity Ratio3.823.533.182.732.152.41
Debt / FCF Ratio9.8014.1618.23
Net Debt / Equity Ratio-2.16-2.06-1.79-1.84-1.66-1.68
Net Debt / FCF Ratio-5.5412.8339.859.35-10.96-12.72
Asset Turnover0.110.100.120.090.110.15
Quick Ratio1.481.431.491.391.521.62
Current Ratio1.481.431.491.441.521.62
Return on Equity (ROE)8.59%6.58%7.11%2.59%7.39%16.51%
Return on Assets (ROA)1.21%0.98%1.17%0.48%1.46%3.07%
Return on Invested Capital (ROIC)1.90%1.51%1.75%0.76%2.27%4.68%
Earnings Yield7.81%5.98%4.57%3.72%9.03%18.14%
FCF Yield37.96%-14.38%-2.83%-25.94%18.17%15.35%
Dividend Yield3.32%2.78%1.64%3.39%3.12%2.38%
Payout Ratio42.44%52.66%40.76%100.33%35.66%13.31%
Buyback Yield / Dilution-8.79%0.40%5.48%7.41%5.87%6.54%
Total Shareholder Return-5.49%3.18%7.12%10.80%8.99%8.91%