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

Jefferies Financial's (JEF) quarterly Net Margin came in at 7.26% in Q2 2026, up 187.0% YoY from 2.53% in Q2 2025, and up 33.79% on a QoQ basis from 5.42% in Q1 2026.

Jefferies Financial (JEF) Net Margin (2009 - 2026) Analysis & Trends

Jefferies Financial (JEF) has 18 years of Net Margin data on file, last reported at 7.26% in Q2 2026.

  • Quarterly Net Margin rose 187.0% year-over-year to 7.26% in Q2 2026, while the trailing twelve-month figure through May 2026 was 10.62% (down 73.0% YoY) and the FY2025 annual result came in at 8.59%, down 92.0% from the prior year.
  • Net Margin advanced to 7.26% in Q2 2026, from 5.42% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 22.0% in Q4 2022 to a low of 35.94% in Q4 2025.
  • A 5-year average of 3.45% and a median of 6.85% in 2024 frame the typical range for Net Margin.
  • The widest YoY moves for Net Margin: up 460 bps in 2024, down 3450 bps in 2024.
  • Tracing JEF's Net Margin over 5 years: stood at 22.0% in 2022, then slumped by 92 bps to 1.67% in 2023, then plunged by 2070 bps to 32.84% in 2024, then decreased by 9 bps to 35.94% in 2025, then jumped by 120 bps to 7.26% in 2026.
  • The last three Net Margin figures came in at 7.26% (Q2 2026), 5.42% (Q1 2026), and 35.94% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 25.46%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 31.46%
3 Schwab Charles 220.55 Bn 135.80 Bn - 36.98%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 122.40%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 42.89%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -171.16%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 16.00%
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 7.31%
10 Jefferies Financial 11.33 Bn -4.08 Bn 3.09 Bn 7.26%

Historic Data

Download Data
DateValue
May 31, 2026 7.26%
Feb 28, 2026 5.42%
Nov 30, 2025 -35.94%
Aug 31, 2025 10.94%
May 31, 2025 5.39%
Feb 28, 2025 8.02%
Nov 30, 2024 -32.84%
Aug 31, 2024 6.44%
May 31, 2024 5.79%
Feb 29, 2024 8.61%
Nov 30, 2023 1.67%
Aug 31, 2023 4.35%
May 31, 2023 1.19%
Feb 28, 2023 7.50%
Nov 30, 2022 22.00%
Aug 31, 2022 10.67%
May 31, 2022 8.52%
Feb 28, 2022 17.12%
Nov 30, 2021 19.84%
Aug 31, 2021 21.01%