Jefferies Financial (JEF) FCF Margin (2009 - 2026)
Jefferies Financial's FCF Margin was 78.68% in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 74.35 percentage points from 4.33% a year earlier and up 28.93 percentage points from the prior quarter.
Jefferies Financial (JEF) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Jefferies Financial's FCF Margin was 34.51% through Aug 31, 2026, up 52.89 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it was -15.73%, down 12.01 percentage points from FY2024.
- FCF Margin shows a five-year change of -43.03 percentage points (FY2020 to FY2025).
- In earlier fiscal years, FCF Margin was -3.72% in FY2024 (+22.28 pp), -26.00% in FY2023 (-48.11 pp), 22.11% in FY2022 (+6.27 pp) and 15.84% in FY2021 (-11.46 pp).
- The fiscal Q3 2026 figure marks the highest quarterly FCF Margin in data going back to fiscal Q1 2009.
- Compared with a year earlier, FCF Margin has increased for five straight quarters, with an average year-over-year change of +25.96 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was fiscal Q2 2026 (a gain of 90.73 percentage points); the worst was fiscal Q3 2023 (a drop of 99.25 percentage points).
- Per Business Quant data, JEF's FCF Margin in the three fiscal quarters before Q3 2026 was 49.75% (Q2 2026), -62.77% (Q1 2026) and 64.71% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 106.56 Bn | 94.66 Bn | - | 54.13% |
| 2 | Intercontinental Exchange | 89.45 Bn | 83.19 Bn | - | 51.34% |
| 3 | Robinhood Markets | 88.18 Bn | 69.22 Bn | - | 54.13% |
| 4 | Nasdaq | 53.47 Bn | 50.90 Bn | 1.50 Bn | 25.04% |
| 5 | Interactive Brokers | 37.14 Bn | 14.26 Bn | - | 326.90% |
| 6 | Cboe Global Markets | 33.00 Bn | 24.66 Bn | 731.60 Mn | -37.17% |
| 7 | LPL Financial Holdings | 25.71 Bn | 21.03 Bn | - | 3.90% |
| 8 | Tradeweb Markets | 25.33 Bn | 17.34 Bn | - | 69.02% |
| 9 | Circle Internet | 21.30 Bn | 15.18 Bn | 288.85 Mn | 73.63% |
| 10 | Jefferies Financial | 8.93 Bn | -48.28 Bn | 3.21 Bn | 78.68% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 78.68% |
| May 31, 2026 | 49.75% |
| Feb 28, 2026 | -62.77% |
| Nov 30, 2025 | 64.71% |
| Aug 31, 2025 | 4.33% |
| May 31, 2025 | -40.97% |
| Feb 28, 2025 | -109.78% |
| Nov 30, 2024 | 57.51% |
| Aug 31, 2024 | -27.19% |
| May 31, 2024 | 1.15% |
| Feb 29, 2024 | -53.05% |
| Nov 30, 2023 | 1.80% |
| Aug 31, 2023 | -25.40% |
| May 31, 2023 | 23.75% |
| Feb 28, 2023 | -103.56% |
| Nov 30, 2022 | 16.78% |
| Aug 31, 2022 | 73.85% |
| May 31, 2022 | 73.06% |
| Feb 28, 2022 | -64.94% |
| Nov 30, 2021 | 74.74% |
Jefferies Financial FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=JEF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "JEF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=JEF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();