JEF · XBRL financial data
Jefferies Financial Group financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (JEF's year ends in late November)
| In millions of dollars | Nov 30, 2020 | Nov 30, 2021 | Nov 30, 2022 | Nov 30, 2023 | Nov 30, 2024 | Nov 30, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 6,956 | 9,040 | 7,149 | 7,441 | 10,515 | 10,824 |
| Revenue from contracts with customers | 3,923 | 6,142 | 4,743 | 3,233 | 4,858 | 5,546 |
| Cost of goods and services sold | 339 | 471 | 441 | 29 | 206 | 191 |
| General and administrative | 1,079 | 1,278 | — | — | — | — |
| Interest income | — | — | — | — | 3 | 1 |
| Interest expense | 85 | 77 | 1,170 | 2,741 | — | — |
| Income tax expense (benefit) | 299 | 577 | 274 | 92 | 293 | 185 |
| Net income (loss) | 770 | 1,667 | — | — | — | — |
| Earnings per share, basic USD per share | 2.68 | 6.29 | 3.13 | 1.12 | 3.08 | 2.93 |
| Earnings per share, diluted USD per share | 2.65 | 6.13 | 3.06 | 1.10 | 2.99 | 2.83 |
| Weighted average shares, basic millions of shares | 286 | 264 | 247 | 233 | 217 | 215 |
| Weighted average shares, diluted millions of shares | 290 | 272 | 256 | 237 | 224 | 223 |
Balance sheet
CSVFiscal years (JEF's year ends in late November)
| In millions of dollars | Nov 30, 2020 | Nov 30, 2021 | Nov 30, 2022 | Nov 30, 2023 | Nov 30, 2024 | Nov 30, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 9,055 | 10,755 | 9,703 | 8,526 | 12,153 | 14,044 |
| Right-of-use asset | 507 | 472 | 455 | 455 | 554 | 526 |
| Goodwill | 1,746 | 1,745 | 1,736 | 1,848 | 1,828 | 1,838 |
| Total assets | 53,118 | 60,404 | 51,058 | 57,905 | 64,360 | 76,012 |
| Total liabilities | 43,530 | 49,674 | 40,631 | 48,103 | 54,135 | 65,370 |
| Retained earnings | 6,532 | 7,940 | 8,418 | 7,850 | 8,270 | 8,575 |
| Total stockholders' equity | 9,404 | 10,554 | 10,233 | 9,710 | 10,157 | 10,575 |
| Total liabilities and equity | 53,118 | 60,404 | 51,058 | 57,905 | 64,360 | 76,012 |
| Common shares outstanding (cover page) millions of shares | 251 | 242 | 226 | 212 | 206 | 207 |
Cash flows
CSVFiscal years (JEF's year ends in late November)
| In millions of dollars | Nov 30, 2020 | Nov 30, 2021 | Nov 30, 2022 | Nov 30, 2023 | Nov 30, 2024 | Nov 30, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 770 | 1,667 | — | — | — | — |
| Stock-based compensation | 40 | 78 | 44 | 45 | 63 | 88 |
| Depreciation and amortization | 158 | 157 | 173 | 112 | 190 | 192 |
| Net cash from operating activities | 2,076 | 1,573 | 1,805 | (1,934) | — | — |
| Purchases of property and equipment | 177 | 166 | 224 | 1 | 251 | 207 |
| Net cash from investing activities | (186) | (401) | (61) | (12) | 210 | (299) |
| Share repurchases | 817 | 269 | 860 | 169 | 44 | 59 |
| Dividends paid | 161 | 223 | 280 | 279 | 303 | 374 |
| Repayments of long-term debt | 1,716 | 1,646 | 825 | 1,282 | 2,428 | 4,059 |
| Net cash from financing activities | (724) | 994 | (2,843) | 1,060 | — | — |
| Net change in cash | 1,185 | 2,163 | (1,121) | (831) | 3,348 | 1,796 |
Compare with peers
SIC 6211 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6211 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Jefferies Financial Group | 16,884 | 1,752 | 2,591* | not reported | — | 10-QAug 31, 2026 |
| Marketaxess Holdings | 246 | 218 | 27* | 35.2M | — | 10-QJun 30, 2026 |
| Sei Investments | 400 | 662 | 218* | 118.6M | — | 10-QSep 30, 2026 |
| Stifel Financial | 1,629 | 1,001 | 801* | not reported | — | 10-QSep 30, 2026 |
| Piper Sandler Companies | 304 | 496 | 36* | 70.7M | — | 10-QJun 30, 2026 |
| Galaxy Digital | 896 | 8,557 | 372* | not reported | — | 10-QJun 30, 2026 |
| Virtu Financial | 1,069 | 1,190 | 117* | not reported | — | 10-QJun 30, 2026 |
| Freedom Holding | 1,351 | 733 | (342) | 63.8M | 4.0 quarters | 10-QJun 30, 2026 |
| Interactive Brokers Group | 7,711 | 760 | 6,216* | not reported | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.