JEF · Jefferies Financial Group Inc. · Financials

$51.17 +2.61 (+5.37%) At close · Nov 4

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$11.15B

229.67M

Volume · Nov 4 2.26M Avg daily vol (3M) 2.19M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Pull these statements through the financial statements API or MCP →

Revenue

$10.82B +2.9%

FY2025

Net Income

$682.05M -4.7%

FY2025

Gross Margin

98.24% +0.2pp

FY2025

Operating Margin

-22.43%

FY2009

Diluted EPS

$2.83 -5.4%

FY2025

Operating Cash Flow

-$1.5B -964.4%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2017	FY2016	FY2018	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenue	+14.8%	+9.5%	-0.8%	$12.17B	$10.82B	$10.52B	$7.44B	$7.15B	$8.95B	$6.88B	$5.36B	$12.41B	$10.88B	—	$11.68B	$12.33B	$11B	$9.19B	$1.57B	$1.32B	$1.12B
Total Net Revenue	+7.1%	+4.7%	-3.9%	$8.51B	$7.34B	$7.03B	$4.7B	$5.98B	$8.01B	$5.85B	$3.89B	$11.44B	$10.06B	—	$10.89B	$11.49B	$10.43B	—	—	—	—
Rental Income	—	—	—	$0	$6.9M	$20.7M	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Cost of Revenue	-24.3%	-10.8%	-30.9%	$156.07M	$190.93M	$206.28M	$29.44M	$440.84M	$470.87M	$338.59M	$319.64M	$7.05B	$6.85B	$337.04M	$7.68B	$8.02B	$7.57B	—	$215.96M	$224.3M	$196.97M
Gross Profit	+16.6%	+10.2%	+10.3%	$12.01B	$10.63B	$10.31B	$7.41B	$6.71B	$8.47B	$6.54B	$5.04B	$5.36B	$4.02B	—	$4.01B	$4.31B	$3.44B	—	$1.35B	$1.1B	$922.04M
Gross Margin	—	—	—	—	98.24%	98.04%	99.6%	93.83%	94.74%	95.08%	94.04%	43.22%	37.01%	—	34.29%	34.95%	31.22%	—	86.25%	83.01%	82.4%
Research & Development	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$17.58M	$22.15M	$5.5M	—
General & Administrative	—	—	—	—	—	—	—	—	$0	$0	$1.01B	$817.62M	$807.31M	—	$754.83M	$799.64M	$752.96M	$273.87M	$217.86M	$248.43M	—
Amortization of Intangibles	+45.4%	+17.0%	-6.3%	$21.3M	$33.5M	$30.3M	$9.3M	$10.9M	$14.2M	$15.3M	$14.6M	$58.2M	$63.4M	—	$63.9M	$66.2M	$74.8M	—	—	—	—
Depreciation & Amortization	+3.6%	+3.9%	-1.5%	$203.29M	$192.28M	$190.33M	$112.2M	$172.9M	$157.42M	$158.44M	$152.87M	$208.91M	$211.59M	$117.11M	$224.13M	$185.99M	$167.43M	$130.12M	$87.17M	$78.68M	$65.23M
Total Costs & Expenses	—	—	—	—	—	—	—	—	$5.84B	$4.87B	$3.62B	$10.35B	$9.9B	—	$10.64B	$11.24B	$10.08B	$8.23B	$889.78M	$951M	$1.37B
Operating Income	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-$250.97M
Operating Margin	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-22.43%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-$185.74M
Interest Expense	+43.8%	+27.6%	+41.1%	$3.65B	$3.48B	$3.48B	$2.74B	$1.17B	$931.64M	$1.03B	$87.18M	$107.86M	$108.7M	—	$111.41M	$117.17M	$84.96M	$92.58M	$111.88M	$124.81M	$128.8M
Interest Income	—	—	-49.7%	—	$1M	$3.1M	—	—	—	—	—	$993.54M	$926.26M	—	$955.24M	$1.05B	$737.78M	—	—	$598K	—
Other Non-Operating Income	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$257.88M
Equity in Earnings of Unconsolidated Entities	—	—	-1.4%	$140.1M	$95.3M	$86.5M	-$192.2M	-$36.3M	$149.9M	-$75.2M	$203M	-$74.9M	$154.6M	—	$110.28M	$138.53M	$119.04M	—	—	—	—
Investment Income (Loss)	—	—	—	—	—	—	—	—	—	—	—	$23.03M	$29.54M	—	$62.96M	$30.39M	$243.96M	$590.58M	$641.48M	$179.49M	-$21.11M
Pretax Income	-6.2%	-4.0%	+9.3%	$1.13B	$870.99M	$1.01B	$354.27M	$1.06B	$2.25B	$1.07B	$478.61M	$1.01B	$316.43M	—	$356.54M	$381.22M	$472.04M	—	—	—	-$258.12M
Income Tax	-12.3%	-9.2%	+5.3%	$218.76M	$184.57M	$293.19M	$91.88M	$273.85M	$576.73M	$298.67M	-$483.96M	$760.97M	$122.11M	—	$109.95M	$165.97M	$110.74M	$376.49M	$270.25M	-$1.14B	$7.14M
Net Income	-4.4%	-2.4%	+9.3%	$908.87M	$682.05M	$716.02M	$262.39M	$781.71M	$1.67B	$769.61M	$959.59M	$167.35M	$125.94M	—	$279.59M	$204.31M	$369.24M	$854.47M	$25.23M	$1.94B	$550.28M
Net Margin	—	—	—	—	6.3%	6.81%	3.53%	10.93%	18.64%	11.19%	17.91%	1.35%	1.16%	—	2.39%	1.66%	3.36%	9.29%	1.61%	146.92%	49.18%
Net Income Attributable to Noncontrolling Interests	—	—	—	—	—	—	—	-$2.4M	$3.85M	-$5.27M	-$1.85M	-$3.46M	-$1.43M	—	-$5M	-$727K	-$1.16M	-$2.06M	-$275K	$924K	-$1.69M
Net Income Available to Common Stockholders	-6.6%	-3.8%	+8.7%	—	$630.79M	$669.27M	$260.94M	$774.15M	$1.66B	$764.81M	$954.02M	$166.74M	$125.36M	—	$274.88M	$199.55M	$364.32M	—	—	—	—
Comprehensive Income	-4.6%	-2.3%	+9.5%	$869.82M	$669.49M	$641.69M	$246.95M	$769.89M	$1.58B	$753.73M	$398.27M	$238.58M	-$2.16M	—	$271.3M	$113.34M	$202.16M	$647.17M	-$749.99M	$2.64B	$1.56B
EPS (Basic) USD/shares	-2.2%	+1.8%	+15.3%	—	$2.93	$3.08	$1.12	$3.13	$6.29	$2.68	$2.93	$0.43	$0.33	—	$0.71	$0.52	$1.02	$3.34	$0.10	$7.62	$2.18
EPS (Diluted) USD/shares	-2.6%	+1.3%	+14.9%	—	$2.83	$2.99	$1.10	$3.06	$6.13	$2.65	$2.90	$0.43	$0.33	—	$0.71	$0.52	$1.01	$3.29	$0.10	$7.50	$2.15
Shares Outstanding (Basic Avg) shares	-4.6%	-5.5%	-5.8%	—	215.1M	217.08M	232.61M	247.38M	263.6M	285.69M	324.99M	385.13M	388.29M	—	389.56M	389M	355.3M	255.83M	255.67M	254.57M	—
Shares Outstanding (Diluted Avg) shares	-4.5%	-5.2%	-5.4%	—	222.75M	223.65M	236.62M	255.57M	271.5M	290.49M	331.62M	387.75M	388.61M	—	389.56M	390.51M	363.73M	260.36M	255.82M	259.06M	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $3.17B in buybacks, $2.44B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Read debt and covenant terms in your AI or your code through MCP and the API →

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balance	As of	Amount	Source
Long-term debt, including current maturities	2026-08-31	USD 18,458,995,000	10-Q filed 2026-10-09

Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

1.05×

Peer median 4.91×

EV/EBIT

—

Peer median 19.03×

P/E (TTM)

16.41×

Peer median 21.84×

Price/Sales (TTM)

0.92×

Peer median 4.14×

Price/Book

1.04×

Peer median 4.42×

Peer medians compare against the 34 similar-size Capital Markets companies (of 97 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2017
Investment Banking and Capital Markets Segment	$9,791,200,000	$9,374,500,000	$7,065,100,000	$4,741,300,000	$6,929,300,000	$4,989,138,000	$3,035,988,000	—
Asset Management Segment	$1,006,900,000	$1,113,700,000	$368,400,000	$1,243,500,000	$1,084,800,000	$814,600,000	$84,894,000	—
Investment Banking and Capital Markets	—	—	—	$4,726,200,000	$6,917,800,000	$5,029,500,000	—	—
Investment Banking Capital Markets And Asset Management Segment	—	—	—	—	—	—	$3,112,530,000	$3,198,109,000
Merchant Banking Segment	—	—	—	—	$1,040,733,000	$764,460,000	$735,213,000	$876,180,000
Corporate	—	—	—	—	$3,042,000	$13,258,000	$32,833,000	$6,306,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2017
Americas	$5,008,600,000	$4,952,300,000	$3,625,600,000	$4,815,400,000	$6,748,800,000	$4,730,100,000	$3,188,353,000	$2,602,741,000
Europe	$1,781,400,000	$1,577,500,000	$775,900,000	$925,400,000	$1,045,700,000	$826,400,000	$592,087,000	$489,583,000
Europe and Middle East	$1,195,288,000	$1,057,351,000	$488,078,000	$577,607,000	—	—	—	—
Asia Pacific	$553,800,000	$505,000,000	$298,900,000	$238,000,000	$219,300,000	$294,000,000	$112,536,000	—
Asia	—	—	—	—	—	—	$79,463,000	$105,785,000
EMEA	—	—	—	—	—	—	$380,507,000	—

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2017
Investment Banking	$3,799,290,000	$3,309,060,000	$2,169,366,000	$2,807,822,000	$4,365,699,000	$2,501,494,000	$1,526,992,000	$1,764,285,000
Interest Revenue	$3,402,317,000	$3,543,497,000	$2,868,674,000	$1,183,638,000	$956,318,000	$1,009,548,000	$1,603,940,000	$993,198,000
Investment Banking Advisory	$2,145,422,000	$1,811,633,000	$1,198,915,000	$1,778,003,000	$1,873,560,000	$1,053,500,000	$767,421,000	—
Investment Banking Underwriting	$1,641,897,000	$1,491,030,000	$970,451,000	$1,029,819,000	$2,492,139,000	$1,447,994,000	$759,571,000	—
Principal Transactions Revenue	$1,610,960,000	$1,816,963,000	$1,413,283,000	$833,757,000	$1,617,336,000	$1,928,143,000	$559,300,000	$923,418,000
Commissions and Other Fees	$1,322,753,000	$1,085,349,000	$905,665,000	$925,494,000	$896,015,000	$822,248,000	$675,772,000	$617,020,000
Equities	$1,293,944,000	$1,074,666,000	$894,602,000	$910,254,000	$881,660,000	$806,340,000	$662,267,000	—
Product And Service Other	$557,684,000	$674,094,000	$1,837,000	$1,318,288,000	$1,038,012,000	$584,805,000	$992,652,000	$424,788,000
Other Investments1	$390,503,000	$421,137,000	$124,796,000	$986,017,000	$865,251,000	$584,783,000	—	—
Internet Connection And Boadband Revenue	$228,063,000	$240,874,000	$0	$0	—	—	—	—
Asset Management1	$130,673,000	$86,106,000	$82,574,000	$80,264,000	$72,084,000	$34,209,000	$23,188,000	—
Real Estate	$94,630,000	$119,050,000	$44,825,000	$223,323,000	$102,297,000	$26,671,000	—	—
Asset Management Services	$67,719,000	$50,700,000	$33,867,000	$23,525,000	$14,836,000	$14,702,000	—	—
Fixed Income Services	$7,005,000	$8,859,000	$10,577,000	$15,240,000	$14,355,000	$15,908,000	$13,505,000	—
Gain on Revaluation of Our Interest in Home Fed	—	—	—	—	$0	$0	$72,142,000	—
Gain on Sale of National Beef	—	—	—	—	$0	$0	$205,017,000	—
Miscellaneous Other Revenue	—	—	—	—	$148,717,000	$91,144,000	$98,433,000	—
Oil and Gas Production and Development Businesses	—	—	—	—	$170,569,000	$154,909,000	$175,169,000	—
Other Revenue, Income from Associated Companies	—	—	—	—	$250,909,000	$23,934,000	$85,169,000	—
Product and Service Other Pre-Reclass	—	—	—	—	—	—	$667,993,000	$424,788,000
Revenue from Contract with Customer, Miscellaneous	—	—	—	—	$143,650,000	$61,139,000	$65,891,000	—
Revenue from Contract with Customer, Other	—	—	—	—	$880,088,000	$599,485,000	$587,364,000	—
Revenues from Sale of Real Estate	—	—	—	—	$102,297,000	$26,704,000	$32,063,000	—
Oil And Gas	—	$1,119,000	$26,284,000	$302,135,000	$182,973,000	$102,210,000	$173,626,000	—
Product	—	$0	$0	$412,605,000	$538,628,000	$421,434,000	$324,659,000	$326,197,000

Key facts CIK 96223 CUSIP 47233W109 13F (30d) 231 filings 215 filers Visit website Investor relations