Jefferies Financial Group Inc.

JEF Financial Capital Markets

Jefferies Financial Group Inc.’s revenue for fiscal 2025 (year ended November 2025) was $7.3 billion, up 4.39% from fiscal 2024. In the quarter to August 2026, revenue grew 8.52%, EPS grew 3.85%, free cash flow grew 1,917.3% and total debt rose 21.4%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

44.80 0.10 −0.22%
Market cap
$10.3B
P/E
12.1×
Fwd P/E
15.6×
Dividend yield
3.57%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 676.55
Total sells 0.00
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — 1 — 1 — — —
Sell — — — — — — 1 — — — — —
Insider Ownership 24.84%

Capital & Financial Ratios $m

Market Cap 10,310.00
Revenue 8,514.37
Net Income 908.87
Free Cash Flow 4,195.05
Net Debt 4,420.46
Current Ratio 1.02
Debt/Equity 2.09
P/E ratio 12.08
Fwd P/E 15.60
P/S ratio 1.04
P/B ratio 0.83
Past 5Y EPS Growth 1.32%
This Y EPS Growth 29.11% (at or above 15%: strong)
Next Y EPS Growth 27.67% (at or above 15%: strong)
Next Y revenue growth 16.59% (at or above 10%: strong)
Next 5Y EPS Growth 23.97% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 49.07%
10-year low 10-year high
P/S against its own 10 years 16.88%
10-year low 10-year high
P/B against its own 10 years 60.12%
10-year low 10-year high

Dividends

Payout Ratio 0.44
Annual Dividend Rate 1.60
Annual Dividend Yield 3.57%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.60
0.40
0.40
0.40
2025 1.60
0.40
0.40
0.40
0.40
2024 1.30
0.30
0.30
0.35
0.35
2023 1.20
0.30
0.30
0.30
0.30
2022 1.15
0.29
0.29
0.29
0.29
2021 0.86
0.19
0.19
0.24
0.24
2020 0.57
0.14
0.14
0.14
0.14
2019 0.46
0.11
0.11
0.11
0.12
2018 0.40
0.09
0.09
0.11
0.11
2017 0.29
0.06
0.06
0.09
0.09
2016 0.22
0.06
0.06
0.06
0.06
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 9,941 13,286 14,962 18,062
Receivables — — — —
Inventory — — — —
Other 21,747 24,138 27,723 27,283
31,688 37,424 42,684 45,344
2023 2024 2025 Q'26
Payables — — — —
ST’ Debt — — — —
Other 11,251 11,007 13,320 15,096
33,406 35,060 43,253 44,597

Compound Annual Growth %

10y 5y 3y
Sales 9.24% 4.65% 7.09%
Cash Flow 0.00% 0.00% 0.00%
Earnings 17.48% (3.90%) (6.72%)
Book Value 0.32% 2.43% 1.11%

Revenue $m

Feb May Aug Nov Year
’26 2,017 2,206 2,222 — —
’25 1,593 1,634 2,047 2,069 7,344
’24 1,738 1,656 1,684 1,957 7,035
’23 1,283 1,038 1,182 1,197 4,700
’22 1,693 1,338 1,510 1,438 5,979
’21 2,487 1,951 1,939 1,637 8,014
’20 1,386 1,148 1,616 1,700 5,851
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Feb May Aug Nov Year
’26 (1,737) 1,599 2,591 — —
’25 (2,665) (978) 184 1,960 (1,500)
’24 (1,303) 33 (649) 1,710 (209)
’23 (1,819) 417 (488) (44) (1,934)
’22 (1,215) 1,223 1,400 396 1,805
’21 (1,496) 514 1,068 1,496 1,582
’20 (918) 1,079 1,147 748 2,055
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Feb May Aug Nov Year
’26 (1,802) 1,551 2,542 — —
’25 (2,715) (1,022) 126 1,904 (1,707)
’24 (1,399) (16) (684) 1,640 (460)
’23 (1,844) 392 (518) 35 (1,935)
’22 (1,242) 1,166 1,353 303 1,581
’21 (1,520) 482 1,009 1,446 1,417
’20 (979) 1,019 1,121 717 1,878
Fiscal quarters ending in the months shown.

EPS $

Feb May Aug Nov Year
’26 0.70 1.02 1.08 — —
’25 0.57 0.40 1.01 0.85 2.83
’24 0.66 0.64 0.75 0.93 2.99
’23 0.54 0.05 0.22 0.29 1.10
’22 1.23 0.45 0.78 0.57 3.06
’21 2.13 1.30 1.50 1.20 6.13
’20 0.37 0.16 1.07 1.11 2.65
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to November

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 12.77 19.90 14.50 15.23 10.71 21.86 24.74 28.34 38.77 39.28

Analyst estimates 2026–2028

Powerpack
High 21.64 24.47 25.33 20.83 23.59 42.51 39.67 40.96 82.04 82.68
People
People Employees 13,000 12,700 4,700 4,800 4,945 5,556 5,381 7,564 7,822 7,787
Revenue/emp, $m 0.23 0.32 0.80 0.81 1.18 1.44 1.11 0.62 0.90 0.94
Income, $m
Income, $m Revenue 3,035 4,077 3,764 3,893 5,851 8,014 5,979 4,700 7,035 7,344
Gross margin, % 88.90 93.11 91.84 91.79 94.21 94.12 92.63 99.37 97.07 97.40
EBT (13) 607 296 479 1,067 2,254 1,056 354 1,006 871
EBT margin, % (0.41) 14.87 7.87 12.29 18.24 28.13 17.65 7.54 14.29 11.86
Net income 194 253 1,051 963 768 1,677 782 262 716 682
Depreciation 72 65 67 130 136 144 189 113 198 202
Per share, $
Per share, $ Revenue 8.18 11.37 10.84 12.53 20.48 30.40 24.17 20.21 32.41 34.14
Earnings 0.52 0.71 2.93 3.09 2.68 6.29 3.13 1.12 3.08 2.93
Cash flow 1.54 2.20 1.99 (2.66) 7.19 6.00 7.30 (8.31) (0.96) (6.97)
Capex (0.57) (0.26) (0.90) (0.75) (0.62) (0.63) (0.91) 0.00 (1.15) (0.96)
Free cash flow 0.98 1.93 1.09 (3.41) 6.58 5.37 6.39 (8.32) (2.12) (7.94)
Book value 27.76 28.28 29.03 30.90 33.04 40.14 41.62 42.14 47.10 49.48
Shares, m 371 358 347 311 286 264 247 233 217 215
Valuation, ×
Valuation, × P/E 39.85 0.00 4.03 6.47 7.96 5.73 11.72 31.36 25.40 19.36
P/S 2.55 12.19 3.02 1.60 1.06 1.18 1.50 1.75 2.41 1.67
P/B 0.75 0.85 0.67 0.65 0.66 0.90 0.87 0.84 1.66 1.15
EV/Sales 4.37 19.11 4.57 1.96 3.33 2.69 3.32 5.31 3.33 2.66
EV/FCF 8.67 5.80 134.90 (7.18) 10.38 15.22 12.56 (12.91) (51.00) (11.44)
Cash, $m
Cash, $m Operating cash flow 572 788 691 (828) 2,055 1,582 1,805 (1,934) (209) (1,500)
Capex (210) (95) (312) (232) (177) (166) (224) (1) (251) (207)
Free cash flow 362 693 379 (1,060) 1,878 1,417 1,581 (1,935) (460) (1,707)
Balance, $m
Balance, $m Working capital (2,653) 2,176 3,224 6,167 7,187 3,446 1,508 (1,718) 2,365 (568)
Total debt 10,200 10,730 9,456 9,862 10,163 10,651 10,140 11,539 16,071 18,437
Net debt 5,535 4,876 3,489 1,387 503 (1,119) (520) 1,598 2,785 3,475
Shareholders’ equity 10,304 10,139 10,079 9,602 9,439 10,580 10,295 9,802 10,225 10,642
Returns, %
Returns, % ROA 0.28 0.36 2.17 1.99 1.50 3.05 1.45 0.48 1.09 0.90
ROIC 0.00 3.56 1.95 2.84 10.28 19.11 11.45 5.13 8.00 7.26
ROE 1.23 1.65 10.11 9.75 8.08 16.66 7.45 2.62 6.68 6.05
Negative figures in brackets.

All 10 years →

Fiscal years to Nov 2025 · latest quarter Aug 2026 · fundamentals updated 15 Oct 2026

Charts ten years each

Jefferies Financial Group Inc. vs peers in Capital Markets (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BMNR BitMine Immersion Technologies, Inc. $14.1B — (loss-making) — (loss-making) +2,167.79% (above 0%: growing) n/m −126,594.81% (below 0%: shrinking) 87.70% (25.50%) Compare
IREN IREN Limited $12.3B — (loss-making) 1,228× −26.73% (below 0%: shrinking) n/m +705.74% (above 0%: growing) 75.71% (585.97%) Compare
FUTU Futu Holdings Limited Sponsored ADR $10.5B 10.3× 10.9× +35.71% (above 0%: growing) +42.98% (above 0%: growing) +443.45% (above 0%: growing) 86.31% 61.99% Compare
SF Stifel Financial Corporation $10.4B 11.4× 12.5× +12.97% (above 0%: growing) +50.00% (above 0%: growing) −90.85% (below 0%: shrinking) 98.96% 20.64% Compare
JEF Jefferies Financial Group Inc. $10.3B 12.1× 15.6× +8.52% (above 0%: growing) +3.85% (above 0%: growing) +1,917.32% (above 0%: growing) 98.97% 24.82%
EVR Evercore Inc $9.9B 13.2× 19.5× +19.15% (above 0%: growing) −1.59% (below 0%: shrinking) +25.04% (above 0%: growing) 99.69% 17.65% Compare
HUT Hut 8 Corp. $9.4B — (loss-making) — (loss-making) +81.44% (above 0%: growing) n/m −535.81% (below 0%: shrinking) 11.10% (275.36%) Compare
HLI Houlihan Lokey, Inc. $9.0B 21.3× 19.2× −15.54% (below 0%: shrinking) −20.41% (below 0%: shrinking) −135.86% (below 0%: shrinking) 34.83% 15.26% Compare
VIRT Virtu Financial, Inc. $8.9B 9.4× 9.3× +19.05% (above 0%: growing) −1.21% (below 0%: shrinking) +78.56% (above 0%: growing) 78.24% 46.04% Compare
Median of peers $10.1B 11.4× 15.9× +19.10% −1.21% −32.90% 82.28% 16.46%

All 93 Capital Markets stocks →

Jefferies Financial Group Inc. (JEF) key facts

  • Strength: Jefferies Financial Group Inc.’s revenue for fiscal 2025 (year ended November 2025) was $7.3 billion, up 4.39% from fiscal 2024.
  • Jefferies Financial Group Inc. (JEF) is a Capital Markets company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, JEF traded at $44.80, a market capitalization of $10.3 billion.
  • Jefferies Financial Group Inc. pays an annual dividend of $1.60 per share, a yield of 3.57%, with a payout ratio of 43.8%.
  • Return on equity was 6.05% and debt-to-equity 2.09.
  • Its Piotroski F-score is 4 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 15, 2026.

Jefferies Financial Group Inc. (JEF) Latest News

stockrow.com/JEF · Data as of Oct 15, 2026 · For information only; not investment advice. · © 2026 stockrow.com