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Jefferies Financial Group Inc. (JEF) stock

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NYSE: JEF NYSE Investment Banking & Brokerage Next results ~January 6, 2027

C+ Fundamentals grade

Jefferies Financial Group Inc. is a US-listed company in the investment banking & brokerage industry. Its financial year ends in November.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 1 selling4 purchases and 2 sales by directors and officers, last 12 monthsInsider trades
  • Funds274 adding, 256 cuttingOf 70 active managers that changed their stake, 27 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Jefferies Financial Group files

Where Jefferies Financial stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $12.2bn, up 13.5% on a year earlier, about the same pace as a quarter earlier.

Our model value for Jefferies Financial Group is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 9, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 6, 2027 (estimated)

Jefferies Financial Group Inc.'s trailing-twelve-month revenue grew 13.5% year on year, with a free-cash-flow margin of 34.5%.

Current signal Free-cash-flow margin near historical high: TTM FCF margin of 34.5% is above every prior reading in its 15-quarter history.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Strong cash generation. 34.5% of revenue turned into free cash flow.

Things to watch

  • Volatile shares. Over the past year the shares showed annualised volatility of 40% and a beta of 1.6 against the S&P 500.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results: FY2026 Q3

Filed October 9, 2026
Earnings per share
$1.08 against an average estimate of $1.00: beat by 8.0%
Revenue
$3.23bn, up 11.1% on a year earlier
Share reaction
-2.4% in the first session after the results on September 28, 2026, against -0.9% for the S&P 500
Next report
September 28, 2026; average EPS estimate $0.89

Jefferies Financial Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+5.3%
  • 1 week+6.9%
  • 1 month+5.7%
  • This year-19.8%
  • 1 year-5.3%
  • 5 years+33.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$12.2B
Net margin
7.3%
EPS (TTM, diluted)
$3.98

Growth

Revenue growth
+13.5%
Change in growth rate
−0.3 pts
Share count change
+0.0%

Earnings

Last results
September 28, 2026
Next results (est.)
January 6, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Results
  4. Announcement
  5. Results
  6. Announcement
  7. Announcement
  8. Announcement
  9. Insider trade
  10. Financing
  11. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

No model value for Jefferies Financial Group Inc. at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Jefferies Financial Group Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 10.3%: the 10-year Treasury yield (4.9%) plus a beta of 1.18 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$67 ~$54–$100 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$31 ~$23–$43 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$23 ~$20–$26 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$4.6 ~$56–$210 Left out: out of range vs price (0.10x)
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$27 ~$24–$31 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Jefferies Financial Group Inc. with brokers, investment banks and exchanges in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

66 /100

Moderate moat

How hard Jefferies Financial Group's competitive advantage looks for rivals to wear away, judged from 7 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 13 / 20

    Net income has been a median 1.1% of total assets over 7 years.

  • Durability 10 / 20

    Net margin has been a median 7.3%; its worst year was 4.7%.

  • Discipline 20 / 20

    The diluted share count fell 20.5% over five years; stock-based pay has been a median 2.3% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (72 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Jefferies Financial Group Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $3.72 — $8.6bn +17%
Next $4.52 +21% $9.1bn +7%

Next year's EPS estimate has moved −0.4% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +4.7% on 90 days ago. In the last 30 days, 2 analysts raised Jefferies Financial Group Inc.'s forecast and 1 cut it.

Consensus EPS forecast Jefferies Financial Group Inc., last 90 days
$3.50 $4.00 $4.50 $5.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.56 Current fiscal year, 60 days ago: $3.56 Current fiscal year, 30 days ago: $3.64 Current fiscal year, 7 days ago: $3.72 Current fiscal year, Now: $3.72 $3.72 Next fiscal year, 90 days ago: $4.54 Next fiscal year, 60 days ago: $4.54 Next fiscal year, 30 days ago: $4.45 Next fiscal year, 7 days ago: $4.52 Next fiscal year, Now: $4.52 $4.52

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.56$4.54
60 days ago $3.56$4.54
30 days ago $3.64$4.45
7 days ago $3.72$4.52
Now $3.72$4.52

Earnings against estimates

Jefferies Financial Group Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Aug 2026 $1.00 $1.08 +8.0%
May 2026 $1.24 $1.02 −18.0%
Feb 2026 $0.89 $0.70 −21.4%
Nov 2025 $0.80 $0.96 +20.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, September 28, 2026

No numeric guidance in Jefferies Financial Group Inc.'s latest earnings release (filed September 28, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

6 analysts, Oct 2026
Buy233%
Hold467%
Sell00%

Monthly trend

  1. Oct 2026246
  2. Sep 2026246
  3. Aug 2026246
  4. Jul 2026246

Counts of recommendations published by analysts covering Jefferies Financial Group Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.9%
of tradable shares
Days to cover
2.81
at average volume
Short interest, 1 month
+13%
to October 15, 2026
Held by institutions
70%
of shares
Held by insiders
25.9%
of shares
Employees
7,065
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −5.3%

$51.28 on October 31, 2025 to $48.57

Jefferies Financial Group Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $10.7bn $12.2bn +13.5%
Net margin 6.0% 7.3% +21.2%
P/E multiple 17.6x 12.2x −30.8%
Share count 222m 223m −0.4%

Biggest factor: p/e multiple.

Last 3 years +51.4%

$32.08 on November 3, 2023 to $48.57

Jefferies Financial Group Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $7.3bn $12.2bn +67.1%
Net margin 4.7% 7.3% +56.1%
P/E multiple 23.0x 12.2x −47.1%
Share count 245m 223m +9.7%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Jefferies Financial Group Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
JEF+62%−9%+28%+99%−19%−20%
Industry peers (median)+26%−20%+16%+43%+10%−16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
JEF67%33%58%83%58%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
JEF−18%−35%−27%−11%−49%−45%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 54% from December 16, 2024 to March 12, 2026. Getting back needed a 119% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$35.48 – $64.78
From 52-week high
−25.0%
vs 50-day average
+0.8%
vs 200-day average
−3.5%
Volatility (1 year)
40%
Beta vs S&P 500
1.60

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
0 up, 4 down
typical move ±6.0%
After a week
1 up, 3 down
typical move ±6.7%
After a month
1 up, 3 down
typical move ±9.7%
Jefferies Financial Group Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
September 28, 2026 −2.4% −0.9% −3.9% −3.1%
June 24, 2026 −13.0% +0.1% −15.2% −7.7%
March 25, 2026 −0.7% −1.2% +2.0% +17.0%
January 7, 2026 −7.9% −0.3% −5.7% −11.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Jefferies Financial Group Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Jefferies Financial Group Inc.
$6B $8B $10B $12B $14B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $7.4B Revenue (TTM), FY24 Q1: $8.2B Revenue (TTM), FY24 Q2: $9.1B Revenue (TTM), FY24 Q3: $9.6B Revenue (TTM), FY24 Q4: $10.5B Revenue (TTM), FY25 Q1: $10.4B Revenue (TTM), FY25 Q2: $10.4B Revenue (TTM), FY25 Q3: $10.7B Revenue (TTM), FY25 Q4: $10.8B Revenue (TTM), FY26 Q1: $11.2B Revenue (TTM), FY26 Q2: $11.8B Revenue (TTM), FY26 Q3: $12.2B $12.2B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $7.4B
FY24 Q1 $8.2B
FY24 Q2 $9.1B
FY24 Q3 $9.6B
FY24 Q4 $10.5B
FY25 Q1 $10.4B
FY25 Q2 $10.4B
FY25 Q3 $10.7B
FY25 Q4 $10.8B
FY26 Q1 $11.2B
FY26 Q2 $11.8B
FY26 Q3 $12.2B
Revenue growth, TTM YoY Jefferies Financial Group Inc.
0% 20% 40% 60% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 4.1% Revenue growth, TTM YoY, FY24 Q1: 17.0% Revenue growth, TTM YoY, FY24 Q2: 28.4% Revenue growth, TTM YoY, FY24 Q3: 32.3% Revenue growth, TTM YoY, FY24 Q4: 41.3% Revenue growth, TTM YoY, FY25 Q1: 27.1% Revenue growth, TTM YoY, FY25 Q2: 14.7% Revenue growth, TTM YoY, FY25 Q3: 11.4% Revenue growth, TTM YoY, FY25 Q4: 2.9% Revenue growth, TTM YoY, FY26 Q1: 7.5% Revenue growth, TTM YoY, FY26 Q2: 13.8% Revenue growth, TTM YoY, FY26 Q3: 13.5% 13.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 4.1%
FY24 Q1 17.0%
FY24 Q2 28.4%
FY24 Q3 32.3%
FY24 Q4 41.3%
FY25 Q1 27.1%
FY25 Q2 14.7%
FY25 Q3 11.4%
FY25 Q4 2.9%
FY26 Q1 7.5%
FY26 Q2 13.8%
FY26 Q3 13.5%
FCF margin (TTM) Jefferies Financial Group Inc.
-40% -20% 0% 20% 40% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -26.0% FCF margin (TTM), FY24 Q1: -17.6% FCF margin (TTM), FY24 Q2: -19.9% FCF margin (TTM), FY24 Q3: -20.7% FCF margin (TTM), FY24 Q4: -3.7% FCF margin (TTM), FY25 Q1: -16.8% FCF margin (TTM), FY25 Q2: -26.9% FCF margin (TTM), FY25 Q3: -18.4% FCF margin (TTM), FY25 Q4: -15.7% FCF margin (TTM), FY26 Q1: -7.0% FCF margin (TTM), FY26 Q2: 15.1% FCF margin (TTM), FY26 Q3: 34.5% 34.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -26.0%
FY24 Q1 -17.6%
FY24 Q2 -19.9%
FY24 Q3 -20.7%
FY24 Q4 -3.7%
FY25 Q1 -16.8%
FY25 Q2 -26.9%
FY25 Q3 -18.4%
FY25 Q4 -15.7%
FY26 Q1 -7.0%
FY26 Q2 15.1%
FY26 Q3 34.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-KT, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Jefferies Financial Group Inc.: annual financial statements
Fiscal year 2009 Dec 2008 2010 Dec 2009 2011 Dec 2010 2012 Dec 2011 2013 Dec 2012 2014 Dec 2013 2015 Dec 2014 2016 Dec 2015 2017 Nov 2017 2018 Nov 2018 2019 Nov 2019 2020 Nov 2020 2021 Nov 2021 2022 Nov 2022 2023 Nov 2023 2024 Nov 2024 2025 Nov 2025 LTM Aug 2026
Income
Revenue 0.5 0.6 1.2 0.6 9.4 11.0 12.3 11.7 4.0 5.0 5.4 6.9 8.9 7.1 7.4 10.5 10.8 12.2
Gross profit — — — — — — — — — 4.7 5.0 6.5 8.5 6.7 7.4 10.3 10.6 12.0
EBITDA −0.3 −0.2 — — — — — — — — — — — — — — — —
Operating income −0.4 −0.3 — — — — — — — — — — — — — — — —
Net income −2.5 0.6 1.9 0.0 0.9 0.4 0.2 0.3 0.6 1.0 1.0 0.8 1.7 0.8 0.3 0.7 0.6 0.9
Diluted EPS −$11.00 $2.25 $7.85 $0.10 $3.44 $1.06 $0.54 $0.74 $1.63 $2.90 $3.03 $2.65 $6.13 $3.06 $1.10 $2.99 $2.83 —
Growth (year on year)
Revenue −57.5% +17.3% +109.2% −46.6% +>999% +17.0% +12.1% −5.3% −65.5% +24.3% +7.0% +28.4% +30.0% −20.1% +4.1% +41.3% +2.9% +13.5%
Net income −623.5% — +252.4% −98.7% +>999% −56.8% −44.7% — +118.3% +67.5% −6.1% −19.8% +116.7% −53.6% −66.3% +156.5% −5.7% +37.5%
Diluted EPS −623.8% — +248.9% −98.7% +>999% −69.2% −49.1% — +120.3% +77.9% +4.5% −12.5% +131.3% −50.1% −64.1% +171.8% −5.4% —
Margins
Gross margin — — — — — — — — — 93.9% 94.0% 95.1% 94.7% 93.8% 99.6% 98.0% 98.2% 98.7%
EBITDA margin −65.2% −31.0% — — — — — — — — — — — — — — — —
Operating margin −75.0% −43.6% — — — — — — — — — — — — — — — —
Net margin −516.9% 95.7% 161.1% 3.9% 9.1% 3.4% 1.7% 2.4% 15.1% 20.4% 17.9% 11.2% 18.6% 10.8% 3.5% 6.4% 5.8% 7.3%
Free-cash-flow margin −13.7% −27.3% 32.2% −92.6% 6.1% 5.1% −8.0% — — — — 27.3% 15.8% 22.1% −26.0% −3.7% −15.7% 34.5%
Cash flow
Cash from operations 0.0 −0.1 0.4 −0.6 0.6 0.7 −1.0 −0.8 — 0.7 −0.8 2.1 1.6 1.8 −1.9 −0.1 −1.5 4.4
Capital spending 0.1 0.0 0.0 0.0 0.1 0.1 0.0 — — — — 0.2 0.2 0.2 0.0 0.3 0.2 0.2
Free cash flow −0.1 −0.2 0.4 −0.6 0.6 0.6 −1.0 — — — — 1.9 1.4 1.6 −1.9 −0.4 −1.7 4.2
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 — 0.0 0.0 0.0 0.1 0.0 0.0 0.1 0.1 0.4
Free cash flow after stock pay −0.1 −0.2 0.4 −0.6 0.6 0.5 −1.1 — — — — 1.8 1.3 1.5 −2.0 −0.5 −1.8 3.8
Balance sheet
Cash — — — — — — — — — 5.3 7.7 9.1 10.8 9.7 8.5 12.2 14.0 16.9
Total debt 2.1 1.8 1.7 1.9 1.4 8.2 8.5 7.7 — 8.0 8.9 9.1 9.3 9.3 10.7 14.0 17.7 19.9
Net debt (negative = net cash) — — — — — — — — — 2.7 1.2 0.1 −1.4 −0.4 2.2 1.8 3.6 3.0
Diluted shares 230m 248m 248m 245m 249m 348m 373m 372m — 351m 317m 290m 272m 256m 237m 224m 223m —
Returned to shareholders
Dividends 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 — 0.2 0.1 0.2 0.2 0.3 0.3 0.3 0.4 0.4
Buybacks 0.0 0.0 0.0 0.0 — 0.0 0.1 0.1 — 1.1 0.5 0.8 0.3 0.9 0.2 0.0 0.1 0.4
Total returned 0.0 0.0 0.1 0.1 0.1 0.1 0.2 0.2 — 1.3 0.7 1.0 0.5 1.1 0.4 0.3 0.4 0.8

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$440M
Dividends (TTM)
$370M
Returned to shareholders
19%
of free cash flow
Buybacks, last 3 fiscal years
$272M
Diluted share count
+0.0%
year over year
Total shareholder yield
7.3%
dividends 3.4% + buybacks 4.0% of market value
Dividend payout ratio
42%
of net income paid out

Competitors: side by side with peers

Closest by revenue in investment banking & brokerage
Growth, margins and cash generation against peers
Last 12 months unless stated JEF ETOR RJF LPLA IBKR SF Median
Revenue, last 12 months $12.2bn $13.8bn $17.0bn $20.4bn $6.9bn $6.7bn $2.0bn
Revenue growth, last 12 months 13.5% 9.5% 8.0% 31.0% 21.3% 11.0% 20.7%
Revenue growth, 3-year average 18.7% — 10.8% 27.9% 12.8% 11.4% 16.2%
Revenue growth, latest quarter 11.1% — 13.5% 17.4% 28.1% 9.9% 17.4%
Gross margin 98.7% 1.8% — — — — 3.6%
Net margin 7.3% 1.6% 13.6% 6.8% 16.4% 14.3% 5.8%
Cash from operations / revenue 36.3% 2.3% 9.6% 8.7% 231.9% 6.8% 7.7%
Free-cash-flow margin 34.5% 2.3% 8.5% 4.9% 231.0% 5.4% 5.2%
Free-cash-flow margin, 3-year average −1.5% — 11.3% −2.2% 212.3% 8.9% 16.8%
Stock pay / revenue 3.1% 0.1% 1.4% 0.4% 1.8% 2.7% 4.7%
Change in share count 0.0% 11.5% −3.9% 2.8% 4.7% −0.1% 1.2%

Median of all 40 companies we cover in investment banking & brokerage. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

40 investment banking & brokerage companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 13.5% 20.8% 26 of 40
Change in growth rate Growth -0.3pp -0.3pp 20 of 40
Net margin Profitability 7.3% 6.0% 18 of 40
Stock pay as % of revenue Cash generation 3.1% 4.8% 17 of 36
Change in share count Balance sheet 0.0% 1.2% 12 of 35

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to November 30, 2025
Segments
Line of business Revenue YoY
Investment Banking and Capital Markets $5.1B ▲ 16.0%
Asset Management $458M ▼ 2.9%

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business Revenue YoY
Investment Banking $3.8B ▲ 14.8%
Interest Revenue $3.4B ▼ 4.0%
Investment Banking Advisory $2.1B ▲ 18.4%
Investment Banking Underwriting $1.6B ▲ 10.1%
Principal Transactions Revenue $1.6B ▼ 11.3%
Commissions and Other Fees $1.3B ▲ 21.9%
Equities $1.3B ▲ 20.4%
Other $558M ▼ 17.3%
Other Investments1 $391M ▼ 7.3%
Internet Connection and Boadb and Revenue $228M ▼ 5.3%
Asset Management1 $131M ▲ 51.8%
Real Estate $94.6M ▼ 20.5%
Asset Management Services $67.7M ▲ 33.6%
Fixed Income Services $7M ▼ 20.9%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue YoY
Americas $3.9B ▲ 15.0%
Europe and Middle East $1.2B ▲ 13.0%
Asia Pacific $417M ▲ 9.5%

These categories overlap or exclude eliminations, so shares aren't shown.

From Jefferies Financial Group Inc.'s 10-K filed January 28, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$6.8B
Institutions reporting
582
Shares held vs prior quarter
▼ 1.6%
Positions opened / closed
81 / 58

Top buyers and sellers, Q2 2026: 274 institutions bought and 256 sold ; the biggest buyer was AQR Capital Management LLC (+3.1M shares) and the biggest seller Sumitomo Mitsui Financial Group, Inc (−2.8M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $835M 16.7M 12.2% ▼ 4.8%
AQR Capital Management LLC $421M 8.4M 6.2% ▲ 59.5%
Vanguard Portfolio Management LLC $355M 7.1M 5.2% ▼ 9.1%
Vanguard Capital Management LLC $335M 6.7M 4.9% ▼ 0.3%
Sumitomo Mitsui Financial Group, Inc. $321M 6.4M 4.7% ▼ 30.5%
State Street Corp $248M 5.0M 3.6% ▲ 1.5%
Massachusetts Mutual Life Insurance Co $233M 4.7M 3.4% 0.0%
Two Sigma Investments, LP $160M 3.2M 2.3% ▲ 13.5%
Geode Capital Management, LLC $149M 3.0M 2.2% ▼ 2.3%
Morgan Stanley $145M 2.9M 2.1% ▲ 3.0%
Dimensional Fund Advisors LP $143M 2.9M 2.1% ▲ 7.5%
D. E. Shaw & Co., Inc. $139M 2.8M 2.0% ▲ 6.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Jefferies Financial Group Inc.'s complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Sumitomo Mitsui Financial Group, Inc. Director July 15, 2026 Buy 5,906,542 $53.96 $319M
Sumitomo Mitsui Financial Group, Inc. Director July 15, 2026 Buy 5,906,542 $54.86 $324M
Friedman Brian P President May 6, 2026 Sell 0 $51.88 $13
Friedman Brian P President May 6, 2026 Sell 1 $51.91 $38
Sumitomo Mitsui Financial Group, Inc. Director May 1, 2026 Buy 6,429,337 $48.22 $310M
Sumitomo Mitsui Financial Group, Inc. Director May 1, 2026 Buy 6,429,337 $54.83 $353M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 6 trades and filings

No trades in Jefferies Financial Group Inc. disclosed in the last 12 months; 6 earlier trades on record.

  • Cynthia Axne(D-IA 3):Sale (full), $1,001 - $15,000, traded December 23, 2022, filed January 2, 2023
  • Cynthia Axne(D-IA 3):Sale (full), $1,001 - $15,000, traded December 23, 2022, filed January 2, 2023
  • Cynthia Axne(D-IA 3):Sale (full), $1,001 - $15,000, traded December 23, 2022, filed January 2, 2023

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 6, 2027 estimated from the company's past filing pattern, not announced

  • September 28, 2026
  • June 24, 2026
  • March 25, 2026
  • January 7, 2026

Recent SEC filings

Data status

When each part of this page on Jefferies Financial Group Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Jefferies Financial Group Inc. in brief

What does Jefferies Financial Group Inc. do?
Jefferies Financial Group Inc. is a US-listed company in the investment banking & brokerage industry. Its financial year ends in November.
What is Jefferies Financial Group Inc.'s stock ticker?
Jefferies Financial Group Inc. trades under the ticker JEF on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Jefferies Financial Group Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Jefferies Financial Group Inc. reported revenue of $12.2B, 13.5% higher than a year earlier, according to its SEC filings.
What is Jefferies Financial Group Inc.'s free cash flow?
Jefferies Financial Group Inc.'s free-cash-flow margin is 34.5% of revenue over the trailing twelve months.
Who are Jefferies Financial Group Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., AQR Capital Management LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Jefferies Financial Group Inc. buying back stock, and does it pay a dividend?
Jefferies Financial Group Inc. spent $440M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.0% over the year.
What is Jefferies Financial Group Inc.'s market cap?
On November 28, 2025, Jefferies Financial Group Inc.'s market capitalisation was about $12.5B, with a price-to-earnings ratio of 19.9 and net debt of $3.6B. Market figures come from third-party market data and may be delayed.
Does Jefferies Financial Group Inc. pay a dividend?
Yes: Jefferies Financial Group Inc. paid $370M in dividends over the trailing twelve months, a dividend yield of 3.35% and a payout ratio of 41.6%.
Who are Jefferies Financial Group Inc.'s competitors?
In our Investment Banking & Brokerage peer group, the companies closest to Jefferies Financial Group Inc. are Etoro Group Ltd., Raymond James Financial, LPL Financial Holdings Inc., Interactive Brokers and Stifel Financial Corp. The side-by-side comparison below sets their revenue, margins and growth against Jefferies Financial Group Inc.'s.
Are insiders buying or selling Jefferies Financial Group Inc. stock?
Over the last 12 months, Jefferies Financial Group Inc.'s directors and officers reported 4 open-market purchases and 2 sales on Form 4. The insider trading page charts every trade.
When is Jefferies Financial Group Inc.'s next earnings date?
Around January 6, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Jefferies Financial Group Inc. announces its own schedule.