30 years of historical data (1996–2025) · Financial Services · Financial - Capital Markets
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Jefferies Financial Group Inc. trades at 15.7x earnings, 19% below its 5-year average of 19.3x, sitting at the 43rd percentile of its historical range. Compared to the Financial Services sector median P/E of 13.8x, the stock trades at a premium of 14%. On a free-cash-flow basis, the stock trades at 27.5x P/FCF, 61% above the 5-year average of 17.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $9.2B | $12.8B | $17.7B | $8.4B | $9.3B | $9.7B | $6.3B | $6.3B | $6.9B | $8.8B | $7.7B |
| Enterprise Value | $-3117133185 | $543M | $25.9B | $16.0B | $13.3B | $10.4B | $17.1B | $16.6B | $2.1B | $23.3B | $21.4B |
| P/E Ratio → | 15.69 | 20.34 | 26.47 | 32.22 | 11.86 | 5.86 | 8.20 | 6.59 | 37.58 | 52.64 | 61.18 |
| P/S Ratio | 0.85 | 1.18 | 1.68 | 1.13 | 1.30 | 1.09 | 0.91 | 1.18 | — | 1.74 | 2.01 |
| P/B Ratio | 0.93 | 1.20 | 1.73 | 0.86 | 0.89 | 0.91 | 0.66 | 0.65 | 0.15 | 0.83 | 0.72 |
| P/FCF | 27.50 | 38.49 | — | — | 5.87 | 6.88 | 3.32 | — | — | 13.20 | 24.47 |
| P/OCF | 27.50 | 38.49 | — | — | 5.14 | 6.16 | 3.04 | — | — | 11.14 | 13.50 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.05 | 2.46 | 2.14 | 1.86 | 1.16 | 2.46 | 3.09 | — | 4.62 | 5.57 |
| EV / EBITDA | -3.55 | 0.62 | 5.28 | 4.66 | 4.75 | 2.83 | 7.61 | 8.75 | — | 13.23 | 28.11 |
| EV / EBIT | -0.66 | 0.62 | 5.78 | 5.15 | 5.97 | 3.27 | 8.49 | 8.52 | — | 14.79 | 26.79 |
| EV / FCF | — | 1.63 | — | — | 8.41 | 7.35 | 9.00 | — | — | 35.07 | 67.89 |
Margins and return-on-capital ratios measuring operating efficiency
Jefferies Financial Group Inc. earns an operating margin of 6.3%, below the Financial Services sector average of 21.9%. Operating margins have compressed from 44.5% to 6.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 6.8% is modest, trailing the sector median of 9.1%. ROIC of 2.4% represents below-average returns on invested capital versus a sector median of 5.4%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.7% | 59.7% | 59.1% | 60.6% | 52.8% | 51.6% | 47.8% | 54.2% | — | 50.3% | 40.5% |
| Operating Margin | 6.3% | 6.3% | 44.8% | 44.5% | 36.6% | 39.4% | 30.0% | 32.5% | — | 32.7% | 16.8% |
| Net Profit Margin | 6.6% | 6.6% | 7.1% | 3.7% | 11.0% | 18.7% | 11.1% | 18.0% | — | 3.4% | 3.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.8% | 6.8% | 7.4% | 2.7% | 7.4% | 16.5% | 8.0% | 3.4% | — | 1.6% | 1.2% |
| ROA | 1.0% | 1.0% | 1.2% | 0.5% | 1.5% | 3.1% | 1.5% | 2.0% | — | 0.4% | 0.3% |
| ROIC | 2.4% | 2.4% | 12.5% | 9.9% | 8.5% | 10.2% | 5.5% | 3.4% | — | 4.2% | 1.6% |
| ROCE | 1.1% | 1.1% | 9.6% | 7.6% | 6.1% | 9.1% | 6.2% | 6.6% | — | 7.4% | 2.9% |
Solvency and debt-coverage ratios — lower is generally safer
Jefferies Financial Group Inc. carries a Debt/EBITDA ratio of 2.0x, which is manageable (51% below the sector average of 4.1x). The company holds a net cash position — cash of $14.0B exceeds total debt of $1.8B, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 0.2x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.17 | 0.17 | 1.99 | 1.64 | 1.32 | 1.06 | 2.07 | 1.84 | 0.03 | 1.88 | 1.63 |
| Debt / EBITDA | 2.01 | 2.01 | 4.15 | 4.70 | 4.90 | 3.10 | 8.83 | 9.46 | — | 11.24 | 22.97 |
| Net Debt / Equity | — | -1.15 | 0.80 | 0.77 | 0.39 | 0.06 | 1.12 | 1.05 | -0.10 | 1.38 | 1.27 |
| Net Debt / EBITDA | -13.97 | -13.97 | 1.67 | 2.21 | 1.43 | 0.18 | 4.80 | 5.40 | — | 8.25 | 17.98 |
| Debt / FCF | — | -36.86 | — | — | 2.54 | 0.47 | 5.67 | — | — | 21.87 | 43.42 |
| Interest Coverage | 0.20 | 0.20 | 1.35 | 1.21 | 2.23 | 3.78 | 2.21 | 1.19 | — | 1.70 | 0.79 |
Net cash position: cash ($14.0B) exceeds total debt ($1.8B)
Short-term solvency ratios and asset-utilisation metrics
Jefferies Financial Group Inc.'s current ratio of 7.95x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 2.81x to 7.95x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 7.95 | 7.95 | 3.38 | 2.81 | 3.32 | 2.57 | 0.92 | 0.98 | 0.19 | 1.22 | 1.15 |
| Quick Ratio | 7.95 | 7.95 | 3.38 | 2.81 | 3.32 | 2.57 | 0.92 | 0.98 | 0.19 | 1.22 | 1.15 |
| Cash Ratio | 7.95 | 7.95 | 1.04 | 0.69 | 1.04 | 0.90 | 0.47 | 0.47 | 0.21 | 0.21 | 0.16 |
| Asset Turnover | — | 0.14 | 0.16 | 0.13 | 0.14 | 0.16 | 0.13 | 0.11 | — | 0.11 | 0.09 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Jefferies Financial Group Inc. returns 4.4% to shareholders annually — split between a 3.8% dividend yield and 0.6% buyback yield. The earnings yield of 6.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.8% | 2.9% | 1.7% | 3.3% | 3.0% | 2.3% | 2.6% | 2.4% | 2.4% | 1.3% | 1.2% |
| Payout Ratio | — | — | 40.8% | 100.3% | 35.7% | 13.3% | 20.8% | 15.5% | — | 68.4% | 70.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.4% | 4.9% | 3.8% | 3.1% | 8.4% | 17.1% | 12.2% | 15.2% | 2.7% | 1.9% | 1.6% |
| FCF Yield | 3.6% | 2.6% | — | — | 17.0% | 14.5% | 30.1% | — | — | 7.6% | 4.1% |
| Buyback Yield | 0.6% | 0.5% | 0.3% | 2.0% | 9.3% | 2.8% | 12.9% | 8.1% | 16.5% | 1.1% | 1.2% |
| Total Shareholder Yield | 4.4% | 3.4% | 2.0% | 5.3% | 12.3% | 5.0% | 15.5% | 10.4% | 18.9% | 2.5% | 2.4% |
| Shares Outstanding | — | $223M | $224M | $237M | $256M | $272M | $290M | $317M | $351M | $371M | $372M |
Compare JEF with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| JEFYou | $9B | 15.7 | -3.5 | 27.5 | 59.7% | 6.3% | 6.8% | 2.4% | 2.0 |
| GS | $267B | 21.2 | 33.8 | — | 41.1% | 14.5% | 12.0% | 1.9% | 29.7 |
| MS | $265B | 20.9 | 24.2 | — | 55.6% | 17.1% | 13.0% | 2.9% | 15.8 |
| EVR | $27B | 34.0 | 50.5 | 28.1 | 99.4% | 17.8% | 20.3% | 14.6% | 1.7 |
| NMR | $27B | 12.7 | 56.2 | — | 36.9% | 10.5% | 9.7% | 1.0% | 58.7 |
| PIPR | $5B | 28.9 | 18.6 | 16.6 | 99.6% | 14.7% | 13.3% | 11.0% | 0.4 |
| LAZ | $5B | 18.9 | 13.3 | 6.8 | 35.1% | 12.5% | 41.9% | 10.2% | 5.2 |
| MC | $4B | 33.3 | 22.9 | 10.6 | 100.0% | 14.5% | 32.3% | 20.3% | 1.2 |
| HLI | $3B | 28.1 | 3.7 | 3.1 | 38.5% | 21.0% | 19.9% | 15.5% | 0.8 |
| PWP | $434M | -15.2 | — | 2.1 | 40.1% | -8.9% | -26.0% | -13.7% | — |
| MDBH | $16M | 1.2 | — | — | -803.2% | -1289.4% | 21.8% | -38.9% | — |
| Financial Services Median | — | 13.8 | 11.1 | 11.2 | 60.2% | 21.9% | 9.1% | 5.4% | 4.1 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonJefferies Financial Group Inc.'s current P/E ratio is 15.7x. The historical average is 27.2x. This places it at the 43th percentile of its historical range.
Jefferies Financial Group Inc.'s current EV/EBITDA is -3.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 18.2x.
Jefferies Financial Group Inc.'s return on equity (ROE) is 6.8%. The historical average is 7.9%.
Based on historical data, Jefferies Financial Group Inc. is trading at a P/E of 15.7x. This is at the 43th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Jefferies Financial Group Inc.'s current dividend yield is 3.78%.
Jefferies Financial Group Inc. has 59.7% gross margin and 6.3% operating margin.
Jefferies Financial Group Inc.'s Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.