Jefferies Financial Group vs LPL Financial Holdings
LPL Financial Holdings is the larger business, with $16.99bn of revenue in fiscal 2025 against $10.82bn for Jefferies Financial Group (1.6 times as much). LPL Financial Holdings grew faster (37.2% against 2.9%). Jefferies Financial Group kept more of each dollar of sales as profit: a net margin of 5.8% against 5.1%.
| Latest fiscal year | Jefferies Financial GroupJEF, 2025 | LPL Financial HoldingsLPLA, 2025 |
|---|---|---|
| Revenue | $10.82bn | $16.99bn |
| Revenue growth | 2.9% | 37.2% |
| Net income | $631m | $863m |
| Operating margin | — | — |
| Net margin | 5.8% | 5.1% |
| Return on equity | 6.1% | 20.9% |
| Free cash flow | −$1.70bn | −$982m |
| Cash | $14.04bn | $1.04bn |
| Total debt | $17.66bn | $7.30bn |
| Debt to equity | 167.0% | — |
| Dividend per share | $1.60 | $1.20 |
| Dividend yield | 3.4% | 0.4% |
| Share buybacks | $58.5m | $100m |
| Employees | 7,787 | 10,000 |
| Market value | $11.13bn | $23.55bn |
| Price vs our value range | — | — |
| Moat score | 66 (Moderate) | 75 (Strong) |
| Insider trades, 12 months | 4 buys, 2 sales | 0 buys, 48 sales |