Jefferies Financial Group Inc. JEF
Last close
55.23
2026-09-04
Market cap
$11.29B
2026-02-28 share count
52-week range
35.53 - 71.04
Valuation FY2025 figures against the last close
P/S2.0x
P/E19.5x
P/FCF—
EV/EBITDA—
Dividend yield3.3%
Diluted EPS2.83
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.55B | $4.86B | $3.23B | $4.74B | $6.14B | $3.92B | $2.79B | $3.12B | $5.05B | $3.85B |
| Cost of revenue | $190.9M | $206.3M | $29.4M | $440.8M | $470.9M | $338.6M | $319.6M | $307.1M | $281.0M | $337.0M |
| Gross profit | $5.36B | $4.65B | $3.20B | $4.30B | $5.67B | $3.58B | $2.47B | $2.81B | $4.77B | $3.51B |
| SG&A | — | — | — | — | $0 | $0 | $1.01B | $961.3M | $778.1M | $797.1M |
| Total operating expenses | — | — | — | — | $5.84B | $4.87B | $3.62B | $3.52B | $3.34B | $3.20B |
| Interest expense | — | — | $2.74B | $1.17B | $931.6M | $1.03B | $87.2M | $89.2M | $101.2M | $95.8M |
| Pre-tax income | $871.0M | $1.01B | $354.3M | $1.06B | $2.25B | $1.07B | $478.6M | $296.1M | $618.1M | -$12.6M |
| Income tax | $184.6M | $293.2M | $91.9M | $273.9M | $576.7M | $298.7M | $484.0M | $19.0M | $195.6M | $25.8M |
| Net income | $682.0M | $716.0M | $262.4M | $781.7M | $1.68B | $768.4M | $959.6M | $1.02B | $610.3M | $125.9M |
| EPS, basic | 2.93 | 3.08 | 1.12 | 3.13 | 6.29 | 2.68 | 3.07 | 2.93 | 1.65 | 0.34 |
| EPS, diluted | 2.83 | 2.99 | 1.10 | 3.06 | 6.13 | 2.65 | 3.03 | 2.90 | 1.63 | 0.34 |
| Shares, diluted (wtd. avg.) | $222.7M | $223.7M | $236.6M | $255.6M | $271.5M | $290.5M | $317.0M | $351.3M | $370.7M | $371.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $14.04B | $12.15B | $9.83B | $10.71B | $11.83B | $9.66B | $8.48B | $6.01B | $5.77B | $4.60B |
| Inventory | — | — | — | — | — | — | — | — | — | $309.9M |
| Property, plant and equipment | — | — | — | — | — | — | $385.0M | $351.0M | $750.4M | $709.2M |
| Goodwill | $1.84B | $1.83B | $1.85B | $1.74B | $1.75B | $1.75B | $1.74B | $1.70B | $1.72B | $1.72B |
| Other intangibles | $202.6M | $226.4M | $196.9M | $139.5M | $152.4M | $167.2M | $183.0M | $188.3M | $741.0M | $798.0M |
| Total assets | $76.01B | $64.36B | $57.91B | $51.06B | $56.11B | $53.12B | $49.46B | $47.13B | $47.17B | $45.07B |
| Short-term debt | $1.77B | $443.2M | $989.7M | $528.4M | $221.9M | $764.7M | $548.5M | $387.5M | $436.2M | $525.8M |
| Long-term debt | $15.90B | $13.53B | $9.70B | $8.77B | $9.13B | $8.35B | $8.34B | $7.62B | $7.89B | $7.38B |
| Total liabilities | $65.37B | $54.13B | $48.10B | $40.63B | $45.38B | $43.53B | $39.71B | $36.91B | $36.48B | $34.31B |
| Retained earnings | $8.57B | $8.27B | $7.85B | $8.42B | $7.94B | $6.53B | $5.93B | $5.61B | $4.70B | $4.65B |
| Total equity | $10.57B | $10.16B | $9.80B | $10.30B | $10.58B | $9.44B | $9.60B | $10.08B | $10.14B | $10.30B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.50B | -$140.5M | -$1.93B | $1.80B | $1.58B | $2.06B | -$827.8M | $691.1M | $788.3M | $572.4M |
| Depreciation and amortisation | $192.3M | $190.3M | $112.2M | $172.9M | $157.4M | $158.4M | $152.9M | $120.3M | $110.4M | $117.1M |
| Stock-based compensation | $88.2M | $63.1M | $45.4M | $43.9M | $78.2M | $40.0M | $49.8M | $48.2M | $48.4M | $33.6M |
| Capital expenditure | $207.5M | $250.6M | $1.2M | $224.3M | $165.6M | $177.0M | — | — | — | — |
| Investing cash flow | -$298.8M | $210.3M | -$12.2M | -$60.5M | -$409.9M | -$165.7M | $1.71B | $142.4M | -$54.6M | -$636.2M |
| Financing cash flow | $3.59B | $3.52B | $1.06B | -$2.84B | $994.3M | -$723.5M | $1.59B | -$575.8M | $434.8M | $230.9M |
| Dividends paid | $374.1M | $303.0M | $278.6M | $280.1M | $222.8M | $160.9M | $149.6M | $151.8M | $117.4M | $91.3M |
| Buybacks | $58.5M | $44.3M | $169.4M | $859.6M | $269.4M | $816.9M | $509.9M | $1.13B | $100.5M | $95.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000096223-26-000009.
Others in SIC 6211
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MS | MORGAN STANLEY | $341.94B | 21.3x | 9.1% |
| GS | GOLDMAN SACHS GROUP INC | $302.41B | 20.2x | -1.3% |
| SCHW | SCHWAB CHARLES CORP | $189.00B | 23.5x | 22.0% |
| BLK | BlackRock, Inc. | $173.87B | 31.8x | 18.7% |
| HOOD | Robinhood Markets, Inc. | $109.78B | 59.6x | 51.6% |
| IBKR | Interactive Brokers Group, Inc. | $41.48B | 41.7x | 23.4% |
| RJF | RAYMOND JAMES FINANCIAL INC | $34.30B | 17.3x | 6.6% |
| SEIC | SEI INVESTMENTS CO | $13.25B | 19.6x | 8.1% |