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

Jefferies Financial (JEF) reported Net Margin of 5.42% for Q1 2026, down 260.0% on a YoY basis from 3.39% in Q1 2025, and down 41.23% quarter-over-quarter from 9.23% in Q4 2025.

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

Jefferies Financial has reported Net Margin for 18 years, with the latest figure at 5.42% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 260.0% year-over-year to 5.42%; the trailing twelve-month figure through Feb 2026 stood at 6.95% (down 53.0% YoY), and the FY2025 full-year result was 8.59%, down 92.0% from the prior year.
  • Net Margin for Q1 2026 stood at 5.42%, down from 9.23% in the prior quarter.
  • The five-year high for Net Margin was 19.34% in Q1 2022, with the low at 0.75% in Q2 2023.
  • Historically, Net Margin has averaged 7.52% across 5 years, with a median of 7.14% in 2022.
  • Annual changes were most pronounced in 2022 — Net Margin plunged 2701 bps — and 2024, when it soared 507 bps.
  • Jefferies Financial's Net Margin stood at 5.38% in 2022, then gained by 2 bps to 5.48% in 2023, then jumped by 93 bps to 10.56% in 2024, then declined by 13 bps to 9.23% in 2025, then slumped by 41 bps to 5.42% in 2026.
  • The last three Net Margin figures came in at 5.42% (Q1 2026), 9.23% (Q4 2025), and 7.7% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 SOL Strategies 100,773.79 Bn 100,773.79 Bn - -
2 Morgan Stanley 331.35 Bn 197.82 Bn - 26.29%
3 Goldman Sachs 317.73 Bn -619.82 Bn - 31.36%
4 Schwab Charles 153.74 Bn 108.77 Bn - 36.98%
5 Robinhood Markets 75.98 Bn 71.34 Bn 960.00 Mn 32.80%
6 Interactive Brokers 38.91 Bn 49.50 Bn - 16.00%
7 LPL Financial Holdings 22.76 Bn 21.73 Bn - 7.22%
8 Tradeweb Markets 20.90 Bn 19.65 Bn - 37.74%
9 Circle Internet 20.00 Bn 18.49 Bn 35.01 Mn 132.82%
10 Jefferies Financial 12.48 Bn 565.29 Mn 2.84 Bn 5.42%

Historic Data

Download Data
DateValue
Feb 28, 2026 5.42%
Nov 30, 2025 9.23%
Aug 31, 2025 7.70%
May 31, 2025 5.39%
Feb 28, 2025 8.02%
Nov 30, 2024 10.56%
Aug 31, 2024 6.44%
May 31, 2024 5.79%
Feb 29, 2024 8.61%
Nov 30, 2023 5.48%
Aug 31, 2023 4.35%
May 31, 2023 0.75%
Feb 28, 2023 7.50%
Nov 30, 2022 5.38%
Aug 31, 2022 10.67%
May 31, 2022 7.14%
Feb 28, 2022 19.34%
Nov 30, 2021 32.38%
Aug 31, 2021 19.03%
May 31, 2021 18.08%