Jefferies Financial Group vs Raymond James Financial
Raymond James Financial is the larger business, with $15.91bn of revenue in fiscal 2025 against $10.82bn for Jefferies Financial Group (1.5 times as much). Raymond James Financial grew faster (6.6% against 2.9%). Raymond James Financial kept more of each dollar of sales as profit: a net margin of 13.4% against 5.8%.
| Latest fiscal year | Jefferies Financial GroupJEF, 2025 | Raymond James FinancialRJF, 2025 |
|---|---|---|
| Revenue | $10.82bn | $15.91bn |
| Revenue growth | 2.9% | 6.6% |
| Net income | $631m | $2.13bn |
| Operating margin | — | — |
| Net margin | 5.8% | 13.4% |
| Return on equity | 6.1% | 17.7% |
| Free cash flow | −$1.70bn | $2.25bn |
| Cash | $14.04bn | $11.39bn |
| Total debt | $17.66bn | $700m |
| Debt to equity | 167.0% | — |
| Dividend per share | $1.60 | $2.00 |
| Dividend yield | 3.4% | 1.4% |
| Share buybacks | $58.5m | — |
| Employees | 7,787 | 19,500 |
| Market value | $11.13bn | $31.07bn |
| Price vs our value range | — | — |
| Moat score | 66 (Moderate) | 83 (Strong) |
| Insider trades, 12 months | 4 buys, 2 sales | 0 buys, 8 sales |