Last 46 quarters of trend data · Financial Services · Financial - Capital Markets
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Jefferies Financial Group Inc.'s quarterly P/E stands at 16.9x, down 20.4% year-over-year — suggesting improving earnings relative to price.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 22.19 | 16.93 | 16.05 | 30.38 | 29.04 | 21.27 | 19.98 | 18.17 | 15.84 | 30.55 | 40.56 | 150.35 | 17.50 |
| — | -20.4% | -19.7% | +67.2% | +83.3% | -30.4% | -50.7% | -87.9% | -9.5% | +91.9% | +312.7% | +776.8% | +153.5% | |
| P/S Ratio | 1.29 | 1.09 | 1.24 | 1.08 | 1.49 | 1.55 | 1.28 | 1.05 | 0.92 | 1.01 | 1.01 | 1.12 | 1.32 |
| — | -30.0% | -3.0% | +3.4% | +61.3% | +53.5% | +26.2% | -6.5% | -29.9% | -21.5% | -3.5% | -10.3% | +11.3% | |
| P/B Ratio | 1.31 | 1.20 | 1.38 | 1.04 | 1.43 | 1.73 | 1.31 | 1.06 | 0.95 | 0.81 | 0.85 | 0.76 | 0.96 |
| — | -30.4% | +4.7% | -1.7% | +50.2% | +113.2% | +54.9% | +39.9% | -0.1% | -7.2% | +15.6% | -0.1% | +12.8% | |
| P/FCF | — | 1.68 | 28.65 | — | — | 2.70 | — | — | — | 56.20 | — | 4.70 | — |
| — | -37.6% | — | — | — | -95.2% | — | — | — | +561.7% | — | +176.1% | — | |
| EV / EBITDA | 26.97 | — | 22.55 | 5.01 | 5.90 | 4.93 | 4.81 | 4.21 | 4.29 | 4.13 | 3.63 | 4.98 | 4.39 |
| — | — | +368.6% | +19.0% | +37.5% | +19.4% | +32.7% | -15.5% | -2.4% | +24.2% | -43.6% | -54.9% | -51.4% | |
| EV / EBIT | 34.53 | — | 20.10 | 5.65 | 6.58 | 5.40 | 5.19 | 4.57 | 4.82 | 4.52 | 3.94 | 5.59 | 4.98 |
| — | — | +287.3% | +23.7% | +36.5% | +19.5% | +31.7% | -18.3% | -3.2% | -17.7% | -53.2% | -60.4% | -53.3% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Jefferies Financial Group Inc.'s operating margin was -59.0% in Q4 2025, down 67.3 pp QoQ and down 103.1 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 9.3% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 59.7% | 59.6% | 60.3% | 58.8% | 59.9% | 58.3% | 60.4% | 59.9% | 58.0% | 62.7% | 63.9% | 59.1% | 55.9% |
| — | +2.3% | -0.2% | -1.8% | +3.2% | -7.1% | -5.5% | +1.2% | +3.8% | +16.7% | +10.0% | +19.1% | +13.4% | |
| Operating Margin | 6.3% | -59.0% | 8.3% | 42.7% | 45.2% | 44.1% | 46.5% | 44.9% | 43.8% | 46.3% | 49.4% | 41.3% | 39.8% |
| — | -233.7% | -82.1% | -4.8% | +3.2% | -4.7% | -5.7% | +8.6% | +10.1% | -12.2% | +16.8% | +31.6% | +12.8% | |
| Net Margin | 6.6% | 7.3% | 8.7% | 4.0% | 5.8% | 8.1% | 7.2% | 6.3% | 6.4% | 3.7% | 2.8% | 0.8% | 7.6% |
| — | -10.4% | +20.0% | -37.3% | -9.4% | +122.8% | +156.0% | +744.3% | -15.7% | -55.0% | -73.8% | -89.7% | -55.8% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.8% | 2.0% | 2.4% | 1.0% | 1.4% | 2.3% | 1.9% | 1.6% | 1.7% | 0.7% | 0.6% | 0.1% | 1.3% |
| — | -10.9% | +29.2% | -40.4% | -15.7% | +210.4% | +216.9% | +1171.1% | +23.5% | -46.3% | -68.6% | -88.4% | -56.2% | |
| ROA | 1.0% | 0.3% | 0.4% | 0.1% | 0.2% | 0.4% | 0.3% | 0.3% | 0.3% | 0.1% | 0.1% | 0.0% | 0.3% |
| — | -18.7% | +24.2% | -44.0% | -22.5% | +188.0% | +183.2% | +1000.0% | +4.8% | -52.8% | -70.1% | -88.2% | -53.6% | |
| ROIC | 1.6% | -3.8% | 0.5% | 2.4% | 2.6% | 3.0% | 2.9% | 2.9% | 3.1% | 2.7% | 3.0% | 2.2% | 2.4% |
| — | -225.3% | -81.7% | -18.4% | -16.4% | +13.6% | -3.2% | +29.5% | +31.8% | +10.5% | +78.8% | +113.5% | +36.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has weakened 28.0% YoY to 2.43x, tightening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.23 | 2.23 | 2.26 | 2.21 | 2.30 | 1.99 | 2.12 | 2.03 | 1.84 | 1.64 | 1.59 | 1.51 | 1.14 |
| — | +12.1% | +6.4% | +9.0% | +25.0% | +21.3% | +33.6% | +34.4% | +61.3% | +23.2% | -26.8% | -35.5% | -52.4% | |
| Debt / EBITDA | 27.04 | — | 80.12 | 20.48 | 20.50 | 15.50 | 17.09 | 17.12 | 15.61 | 17.12 | 15.02 | 20.81 | 15.06 |
| — | — | +368.9% | +19.6% | +31.4% | -9.5% | +13.7% | -17.7% | +3.6% | +22.3% | -46.1% | -54.0% | -57.5% | |
| Current Ratio | 2.43 | 2.43 | 3.15 | 3.21 | 3.63 | 3.38 | 2.82 | 3.07 | 2.75 | 2.81 | 3.23 | 2.91 | 3.18 |
| — | -28.0% | +11.8% | +4.6% | +32.2% | +20.4% | -12.7% | +5.4% | -13.6% | -15.4% | +101.5% | +50.2% | +86.9% | |
| Quick Ratio | 2.43 | 2.43 | 3.15 | 3.21 | 3.63 | 3.38 | 2.82 | 3.07 | 2.75 | 2.81 | 3.23 | 2.91 | 3.18 |
| — | -28.0% | +11.8% | +4.6% | +32.2% | +20.4% | -12.7% | +5.4% | -13.6% | -15.4% | +101.5% | +50.2% | +86.9% | |
| Interest Coverage | 0.25 | -1.69 | 0.39 | 1.16 | 1.17 | 1.34 | 1.28 | 1.26 | 1.27 | 1.11 | 1.11 | 1.03 | 1.32 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
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Quick answers to the most common questions about buying JEF stock.
Jefferies Financial Group Inc.'s current P/E is 22.2x. The average P/E over the last 4 quarters is 23.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Jefferies Financial Group Inc.'s current operating margin is 6.3%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Jefferies Financial Group Inc.'s business trajectory between earnings reports.