Jefferies Financial (JEF) Net Margin (2009 - 2026)
Jefferies Financial's (JEF) quarterly Net Margin came in at 7.26% in Q2 2026, up 373.0% on a YoY basis from 1.53% in Q2 2025, and up 33.79% quarter-over-quarter from 5.42% in Q1 2026.
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Jefferies Financial (JEF) Net Margin (2009 - 2026) Analysis & Trends
Jefferies Financial (JEF) has reported Net Margin for 18 consecutive years, with 7.26% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 373.0% year-over-year to 7.26%; the trailing twelve-month figure through May 2026 stood at 6.73% (up 107.0% YoY), and the FY2025 full-year result was 5.83%, down 54.0% from the prior year.
- Net Margin rose to 7.26% in Q2 2026 per JEF's latest filing, from 5.42% in the prior quarter.
- Across five years, Net Margin topped out at 17.12% in Q1 2022 and bottomed at 0.75% in Q2 2023.
- Historically, Net Margin has averaged 6.54% across 5 years, with a median of 6.46% in 2024.
- The sharpest annual moves came in 2023 and 2024: Net Margin sank 961 bps in 2023, then soared 504 bps in 2024.
- Over 5 years, Net Margin stood at 7.76% in 2022, then plunged by 57 bps to 3.33% in 2023, then soared by 117 bps to 7.24% in 2024, then fell by 11 bps to 6.47% in 2025, then gained by 12 bps to 7.26% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.26%, 5.42%, and 6.47% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 10.14 Bn | 8.05 Bn | 975.67 Mn | 10.67% |
| 2 | Jefferies Financial | 9.74 Bn | -5.67 Bn | 3.09 Bn | 7.26% |
| 3 | Houlihan Lokey | 9.07 Bn | 7.99 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 5.75 Bn | 5.81 Bn | 481.98 Mn | 16.72% |
| 6 | Moelis | 5.25 Bn | 5.17 Bn | - | - |
| 7 | Piper Sandler Companies | 4.88 Bn | 4.77 Bn | - | 14.13% |
| 8 | Lazard | 3.95 Bn | 2.96 Bn | - | -1.06% |
| 9 | BRBI BR Partners | 3.50 Bn | 3.38 Bn | 16.77 Mn | 4.08% |
| 10 | Perella Weinberg Partners | 1.40 Bn | 1.59 Bn | - | 4.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7.26% |
| Feb 28, 2026 | 5.42% |
| Nov 30, 2025 | 6.47% |
| Aug 31, 2025 | 7.70% |
| May 31, 2025 | 3.53% |
| Feb 28, 2025 | 5.17% |
| Nov 30, 2024 | 7.24% |
| Aug 31, 2024 | 6.44% |
| May 31, 2024 | 5.79% |
| Feb 29, 2024 | 5.86% |
| Nov 30, 2023 | 3.33% |
| Aug 31, 2023 | 2.52% |
| May 31, 2023 | 0.75% |
| Feb 28, 2023 | 7.50% |
| Nov 30, 2022 | 7.76% |
| Aug 31, 2022 | 10.67% |
| May 31, 2022 | 7.14% |
| Feb 28, 2022 | 17.12% |
| Nov 30, 2021 | 16.79% |
| Aug 31, 2021 | 19.03% |