Growth Metrics

Jefferies Financial (JEF) Gross Margin (2016 - 2025)

Jefferies Financial (JEF) has disclosed Gross Margin for 17 consecutive years, with 98.7% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin rose 365.0% year-over-year to 98.7%, compared with a TTM value of 98.24% through Nov 2025, up 60.0%, and an annual FY2025 reading of 98.24%, up 117.0% over the prior year.
  • Gross Margin was 98.7% for Q4 2025 at Jefferies Financial, roughly flat from 98.32% in the prior quarter.
  • Across five years, Gross Margin topped out at 99.92% in Q3 2023 and bottomed at 89.35% in Q4 2022.
  • Average Gross Margin over 5 years is 96.06%, with a median of 97.37% recorded in 2025.
  • The sharpest move saw Gross Margin plummeted -268bps in 2022, then soared 794bps in 2023.
  • Year by year, Gross Margin stood at 92.03% in 2021, then dropped by -3bps to 89.35% in 2022, then grew by 12bps to 99.92% in 2023, then dropped by -5bps to 95.06% in 2024, then grew by 4bps to 98.7% in 2025.
  • Business Quant data shows Gross Margin for JEF at 98.7% in Q4 2025, 98.32% in Q3 2025, and 97.37% in Q2 2025.