Jefferies Financial Group Inc. (JEF) Financial Statements
Industry: Security Brokers, Dealers & Flotation Companies
In fiscal 2025, Jefferies Financial reported revenue of $10.82B, up 2.9% from $10.52B the year before. Net income was $682.0M (a 6.3% net margin), or $2.83 per diluted share. Gross margin was 98.2% and operating margin was 7.8%. Operating activities generated -$1.50B of cash, leaving -$1.70B of free cash flow. At fiscal year end, Jefferies Financial held $76.01B in total assets against $65.37B in total liabilities, including $14.04B of cash and equivalents.
Open the full interactive Jefferies Financial financials → Quarterly statements, key ratios, valuation history and price charts.
Jefferies Financial Key Stats
| Share Price | $44.86 |
|---|---|
| Market Cap | $9.26B |
| P/E Ratio | 15.9 |
| Revenue YoY Growth | +2.9% |
| 52-Week Range | $35.48 – $64.78 |
| Shares Outstanding | 198.4 million (basic, 2026 Q3) |
Jefferies Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $6.96B | $9.04B | $7.15B | $7.44B | $10.52B | $10.82B |
| Cost of Goods Sold | $338.6M | $470.9M | $440.8M | $29.4M | $206.3M | $190.9M |
| Gross Profit | $6.62B | $8.57B | $6.71B | $7.41B | $10.31B | $10.63B |
| Operating Income | $5.54B | $7.29B | $6.54B | $7.30B | $10.12B | $845.5M |
| Pre-Tax Income | $1.07B | $2.25B | $1.06B | $354.3M | $1.01B | $871.0M |
| Income Tax | $298.7M | $576.7M | $273.9M | $91.9M | $293.2M | $184.6M |
| Net Income | $769.6M | $1.67B | $784.1M | $262.4M | $716.0M | $682.0M |
| Diluted EPS | $2.65 | $6.13 | $3.06 | $1.10 | $2.99 | $2.83 |
Jefferies Financial Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $2.95B | $2.87B | $3.12B | $3.23B |
| Net Income | $211.3M | $159.3M | $250.0M | $288.3M |
| Diluted EPS | $0.95 | $0.70 | $1.02 | $1.18 |
Jefferies Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $9.06B | $10.76B | $9.70B | $8.53B | $12.15B | $14.04B |
| Current Assets | — | — | -$17,000 | -$39,000 | $9,000 | $47,000 |
| Total Assets | $53.12B | $60.40B | $51.06B | $57.91B | $64.36B | $76.01B |
| Total Long-Term Debt | $8.35B | $9.13B | $8.77B | $9.70B | $13.53B | $15.90B |
| Total Liabilities | $43.53B | $49.67B | $40.63B | $48.10B | $54.13B | $65.37B |
| Shareholders' Equity | $9.40B | $10.55B | $10.23B | $9.71B | $10.16B | $10.57B |
Jefferies Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.08B | $1.57B | $1.80B | -$1.93B | -$140.5M | -$1.50B |
| Cash From Investing | -$186.2M | -$400.6M | -$60.5M | -$12.2M | $210.3M | -$298.8M |
| Cash From Financing | -$723.5M | $994.3M | -$2.84B | $1.06B | — | — |
| Free Cash Flow | — | — | $1.58B | -$1.93B | -$391.1M | -$1.70B |
Figures from Jefferies Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Jefferies Financial financials page for every line item.
Jefferies Financial Company Profile
| Ticker | JEF |
|---|---|
| Exchange | NYSE |
| Industry | Security Brokers, Dealers & Flotation Companies |
| Headquarters | New York, New York |
| Incorporated in | New York |
| Fiscal Year End | November 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000096223 |
Frequently Asked Questions
What was Jefferies Financial's revenue in fiscal 2025?
Jefferies Financial (JEF) reported revenue of $10.82B for fiscal 2025.
What is Jefferies Financial's annual revenue history?
Jefferies Financial's annual revenue by fiscal year: 2020: $6.96B; 2021: $9.04B; 2022: $7.15B; 2023: $7.44B; 2024: $10.52B; 2025: $10.82B.
What was Jefferies Financial's net income in fiscal 2025?
Jefferies Financial reported net income of $682.0M for fiscal 2025.
What was Jefferies Financial's earnings per share (EPS) in fiscal 2025?
Jefferies Financial's diluted EPS was $2.83 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Jefferies Financial generate in fiscal 2025?
Jefferies Financial generated -$1.70B of free cash flow in fiscal 2025.
What was Jefferies Financial's revenue last quarter?
In its most recent reported quarter (2026 Q3), Jefferies Financial reported revenue of $3.23B.
How much debt does Jefferies Financial have?
Jefferies Financial reported $15.90B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Jefferies Financial are outstanding?
Jefferies Financial reported a weighted average of 198.4 million basic shares outstanding in 2026 Q3.
What is Jefferies Financial's market cap?
Based on its latest closing price, Jefferies Financial (JEF) has a market capitalization of about $9.26B.
When does Jefferies Financial's fiscal year end?
Jefferies Financial's fiscal year end, as registered with the SEC, is November 30.
Where is Jefferies Financial headquartered?
Jefferies Financial lists its business address in New York, New York in its SEC filings.
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