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

Jefferies Financial (JEF) has 18 years of Operating Margin data on file, last reported at 38.36% in Q2 2026.

• Quarterly Operating Margin rose 3273.0% year-over-year to 38.36% in Q2 2026, while the trailing twelve-month figure through May 2026 was 1.48% (up 2167.0% YoY) and the FY2025 annual result came in at 9.26%, down 210.0% from the prior year.
• Operating Margin rose to 38.36% in Q2 2026, from 36.1% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 455.42% in Q4 2025 to a low of 109.34% in Q4 2022.
• A 5-year average of 60.85% and a median of 27.17% in 2022 frame the typical range for Operating Margin.
• Annual changes were most pronounced in 2022 — Operating Margin slumped 12671 bps — and 2024, when it jumped 30674 bps.
• Tracing JEF's Operating Margin over 5 years: stood at 109.34% in 2022, then jumped by 165 bps to 71.22% in 2023, then soared by 431 bps to 377.97% in 2024, then advanced by 20 bps to 455.42% in 2025, then plunged by 92 bps to 38.36% in 2026.
• The last three Operating Margin figures came in at 38.36% (Q2 2026), 36.1% (Q1 2026), and 455.42% (Q4 2025), per Business Quant data.