Jefferies Financial Group Inc. (JEF) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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JEF Revenue Growth
Revenue Breakdown (FY 2025)
JEF's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
JEF Revenue Analysis (2014–2025)
As of May 7, 2026, Jefferies Financial Group Inc. (JEF) generated trailing twelve-month (TTM) revenue of $10.82 billion, reflecting modest growth of +3.4% year-over-year. The most recent quarter (Q4 2025) recorded $2.95 billion in revenue, up 1.4% sequentially.
Looking at the longer-term picture, JEF's 5-year compound annual growth rate (CAGR) stands at +9.2%, indicating steady revenue expansion. The company achieved its highest annual revenue of $12.33 billion in 2014.
Revenue diversification analysis shows JEF's business is primarily driven by Investment Banking (34%), Interest Revenue (31%), and Principal Transactions Revenue (15%).
When compared to Financial Services sector peers including GS, MS, and EVR. Compare JEF vs GS →
JEF Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| JEFCurrent | $10.8B | +3.4% | +9.2% | 6.3% | |
 GS | $126.9B | - | - | 14.5% | |
 MS | $103.1B | - | - | 17.1% | |
 EVR | $3.9B | - | - | 20.5% | |
 PJT | $1.7B | - | - | 21.2% | |
 LAZ | $3.2B | - | - | 13.0% |
JEF Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $10.82B | - | $6.46B | 59.7% | $686.4M | 6.3% |
| 2024 | $10.52B | - | $6.22B | 59.1% | $4.71B | 44.8% |
| 2023 | $7.44B | - | $4.51B | 60.6% | $3.31B | 44.5% |
| 2022 | $7.15B | - | $3.77B | 52.8% | $2.61B | 36.6% |
| 2021 | $8.95B | - | $4.62B | 51.6% | $3.52B | 39.4% |
| 2020 | $6.96B | - | $3.33B | 47.8% | $2.09B | 30.0% |
| 2019 | $5.36B | - | $2.90B | 54.2% | $1.74B | 32.5% |
| 2018 | $0 | - | $0 | - | $0 | - |
| 2017 | $5.05B | - | $2.54B | 50.3% | $1.65B | 32.7% |
| 2016 | $3.85B | - | $1.56B | 40.5% | $645.4M | 16.8% |
Full JEF Stock Analysis
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Start ComparisonJEF — Frequently Asked Questions
Quick answers to the most common questions about buying JEF stock.
Is JEF's revenue growth accelerating or slowing?
JEF revenue growth slowed to +3.4%, below the 5-year CAGR of +9.2%. TTM revenue is $10.8B. The deceleration marks a shift from historical growth rates.
What is JEF's long-term revenue growth rate?
Jefferies Financial Group Inc.'s 5-year revenue CAGR of +9.2% reflects the variable expansion pattern. Current YoY growth of +3.4% is near this long-term average.
How is JEF's revenue distributed by segment?
JEF reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.