Jefferies Financial (JEF) Tax Rate (2009 - 2026)
Jefferies Financial (JEF) posted Tax Rate of 24.93% for Q1 2026, up 68.0% quarter-over-quarter from 14.84% in Q4 2025, and up 1553.0% year-on-year from 1.51% in Q1 2025.
Jefferies Financial (JEF) Tax Rate (2009 - 2026) Analysis & Trends
Jefferies Financial (JEF) has reported Tax Rate for 18 consecutive years, with 24.93% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 24.93%, up 1553.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 23.95% (down 290.0% YoY), and the FY2025 annual result was 21.19%, down 797.0% from the prior year.
- Tax Rate was 24.93% for Q1 2026 at Jefferies Financial, up from 14.84% in the prior quarter.
- Over five years, Tax Rate peaked at 51.54% in Q2 2023 and troughed at 0.41% in Q1 2024.
- Average Tax Rate over 5 years is 25.8%, with a median of 27.69% recorded in 2022.
- Year-over-year, Tax Rate soared 2171 bps in 2023 and tumbled 1944 bps in 2024.
- Over 5 years, Tax Rate stood at 27.69% in 2022, then sank by 30 bps to 19.28% in 2023, then jumped by 47 bps to 28.24% in 2024, then sank by 47 bps to 14.84% in 2025, then jumped by 68 bps to 24.93% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.93% in Q1 2026, 14.84% in Q4 2025, and 26.91% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 19.58% |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 13.20% |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 22.24% |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | -16.38% |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 15.82% |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 26.45% |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 23.03% |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 2.47% |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 2.46% |
| 10 | Jefferies Financial | 11.06 Bn | -848.67 Mn | 2.84 Bn | 24.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 24.93% |
| Feb 28, 2026 | 24.93% |
| Nov 30, 2025 | 14.84% |
| Nov 30, 2025 | 14.84% |
| Aug 31, 2025 | 26.91% |
| Aug 31, 2025 | 26.91% |
| May 31, 2025 | 32.25% |
| May 31, 2025 | 32.25% |
| Feb 28, 2025 | 9.40% |
| Feb 28, 2025 | 9.40% |
| Nov 30, 2024 | 28.24% |
| Nov 30, 2024 | 28.24% |
| Aug 31, 2024 | 30.87% |
| Aug 31, 2024 | 30.87% |
| May 31, 2024 | 32.10% |
| May 31, 2024 | 32.10% |
| Feb 29, 2024 | 0.41% |
| Feb 29, 2024 | 0.41% |
| Nov 30, 2023 | 19.28% |
| Nov 30, 2023 | 19.28% |