Jefferies Financial (JEF) Tax Rate (2009 - 2026)
Jefferies Financial (JEF) reported Tax Rate of 24.93% for Q1 2026, up 1553.0% on a YoY basis from 1.51% in Q1 2025, and up 68.0% quarter-over-quarter from 14.84% in Q4 2025.
Jefferies Financial (JEF) Tax Rate (2009 - 2026) Analysis & Trends
Jefferies Financial has reported Tax Rate for 18 years, with the latest figure at 24.93% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1553.0% year-over-year to 24.93%; the trailing twelve-month figure through Feb 2026 stood at 23.95% (down 290.0% YoY), and the FY2025 full-year result was 21.19%, down 797.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.93%, up from 14.84% in the prior quarter.
- The five-year high for Tax Rate was 51.54% in Q2 2023, with the low at 0.41% in Q1 2024.
- Historically, Tax Rate has averaged 25.8% across 5 years, with a median of 27.69% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 2171 bps — and 2024, when it sank 1944 bps.
- Jefferies Financial's Tax Rate stood at 27.69% in 2022, then slumped by 30 bps to 19.28% in 2023, then jumped by 47 bps to 28.24% in 2024, then slumped by 47 bps to 14.84% in 2025, then jumped by 68 bps to 24.93% in 2026.
- The last three Tax Rate figures came in at 24.93% (Q1 2026), 14.84% (Q4 2025), and 26.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 19.58% |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 13.20% |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 22.24% |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 15.82% |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 9.08% |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 26.45% |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 23.03% |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 2.47% |
| 10 | Jefferies Financial | 12.48 Bn | 565.29 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% |