Jefferies Financial (JEF) Net Margin (2009 - 2026)

Jefferies Financial (JEF) has reported Net Margin for 18 consecutive years, with 5.42% the latest figure, recorded in Q1 2026.

• Net Margin for Q1 2026 came in at 5.42%, down 260.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 6.95% (down 53.0% YoY), and the FY2025 annual result was 8.59%, down 92.0% from the prior year.
• Net Margin was 5.42% for Q1 2026 at Jefferies Financial, down from 9.23% in the prior quarter.
• Over five years, Net Margin peaked at 19.34% in Q1 2022 and troughed at 0.75% in Q2 2023.
• Average Net Margin over 5 years is 7.52%, with a median of 7.14% recorded in 2022.
• Year-over-year, Net Margin slumped 2701 bps in 2022 and surged 507 bps in 2024.
• Over 5 years, Net Margin stood at 5.38% in 2022, then grew by 2 bps to 5.48% in 2023, then jumped by 93 bps to 10.56% in 2024, then decreased by 13 bps to 9.23% in 2025, then sank by 41 bps to 5.42% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 5.42% in Q1 2026, 9.23% in Q4 2025, and 7.7% in Q3 2025.