Jefferies Financial (JEF) Tax Rate (2009 - 2026)
Jefferies Financial's (JEF) quarterly Tax Rate came in at 20.79% in Q2 2026, down 1146.0% on a YoY basis from 1.99% in Q2 2025, and down 16.6% quarter-over-quarter from 24.93% in Q1 2026.
Analysis
Jefferies Financial (JEF) Tax Rate (2009 - 2026) Analysis & Trends
Jefferies Financial (JEF) has reported Tax Rate for 18 consecutive years, with 20.79% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 1146.0% year-over-year to 20.79%; the trailing twelve-month figure through May 2026 stood at 22.05% (down 425.0% YoY), and the FY2025 full-year result was 21.19%, down 797.0% from the prior year.
- Tax Rate slipped to 20.79% in Q2 2026 per JEF's latest filing, from 24.93% in the prior quarter.
- Across five years, Tax Rate topped out at 51.54% in Q2 2023 and bottomed at 9.41% in Q1 2025.
- Historically, Tax Rate has averaged 26.91% across 5 years, with a median of 27.29% in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate soared 2169 bps in 2023, then slumped 1944 bps in 2024.
- Over 5 years, Tax Rate stood at 27.66% in 2022, then plunged by 30 bps to 19.22% in 2023, then jumped by 47 bps to 28.24% in 2024, then sank by 48 bps to 14.82% in 2025, then jumped by 40 bps to 20.79% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 20.79%, 24.93%, and 14.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Evercore | 11.52 Bn | 9.43 Bn | 975.67 Mn | 27.84% |
| 2 | Jefferies Financial | 11.24 Bn | -4.17 Bn | 3.09 Bn | 20.79% |
| 3 | Houlihan Lokey | 9.53 Bn | 8.45 Bn | - | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - | - |
| 5 | PJT Partners | 6.94 Bn | 6.99 Bn | 481.98 Mn | 20.38% |
| 6 | Moelis | 6.06 Bn | 5.99 Bn | - | 26.77% |
| 7 | Piper Sandler Companies | 5.20 Bn | 5.09 Bn | - | 30.21% |
| 8 | Lazard | 4.97 Bn | 3.99 Bn | - | 158.38% |
| 9 | BRBI BR Partners | 3.49 Bn | 3.38 Bn | 16.77 Mn | -15.99% |
| 10 | Perella Weinberg Partners | 1.81 Bn | 2.01 Bn | - | -4.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 20.79% |
| Feb 28, 2026 | 24.93% |
| Nov 30, 2025 | 14.82% |
| Aug 31, 2025 | 26.92% |
| May 31, 2025 | 32.25% |
| Feb 28, 2025 | 9.41% |
| Nov 30, 2024 | 28.24% |
| Aug 31, 2024 | 30.87% |
| May 31, 2024 | 32.10% |
| Feb 29, 2024 | 25.43% |
| Nov 30, 2023 | 19.22% |
| Aug 31, 2023 | 40.76% |
| May 31, 2023 | 51.54% |
| Feb 28, 2023 | 18.16% |
| Nov 30, 2022 | 27.66% |
| Aug 31, 2022 | 35.08% |
| May 31, 2022 | 29.84% |
| Feb 28, 2022 | 16.41% |
| Nov 30, 2021 | 25.23% |
| Aug 31, 2021 | 25.09% |