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
DateValue
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%