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| Date | Value |
|---|---|
| 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% |