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Jefferies Financial Group Inc. (JEF) Stock Fundamental Analysis & AI Rating 2026

JEF NYSE Security Brokers, Dealers & Flotation Companies NY CIK: 0000096223
Recently Updated • Analysis: Apr 11, 2026 • SEC Data: 2026-02-28
Combined AI Rating
SELL
72% Confidence
AGREEMENT
STRONG SELL
75% Conf
SELL
68% Conf

📊 JEF Key Takeaways

Revenue: $2.9B
Net Margin: 5.5%
Free Cash Flow: $-1.8B
Current Ratio: 1.97x
Debt/Equity: 1.62x
EPS: $0.70
AI Rating: STRONG SELL with 75% confidence
Jefferies Financial Group Inc. (JEF) receives a SELL rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.9B, net profit margin of 5.5%, and return on equity (ROE) of 1.5%, Jefferies Financial Group Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete JEF stock analysis for 2026.

Is Jefferies Financial Group Inc. (JEF) a Good Investment?

Claude

Jefferies demonstrates alarming fundamental deterioration masked by 95% top-line growth: net income declined 7.5% YoY, operating cash flow is severely negative at -1.7B, and critically low interest coverage of 0.1x signals debt servicing stress. Poor capital efficiency (ROE 1.5%, ROA 0.2%) and unsustainable cash burn despite 12B liquidity indicate structural profitability challenges.

ChatGPT

Revenue rebounded strongly, but profitability and returns remain weak, with net income down despite a near-doubling of revenue. Extremely low interest coverage and negative operating/free cash flow point to fragile fundamentals that need clear improvement before a more constructive stance is warranted.

Why Buy Jefferies Financial Group Inc. Stock? JEF Key Strengths

Claude
  • + Strong revenue growth of 95% YoY
  • + Adequate liquidity with current ratio of 1.97x and 12.0B cash reserves
  • + Positive operating income of 212.2M
ChatGPT
  • + Robust top-line growth (+95% YoY) with sizable scale
  • + Strong liquidity profile (~$12B cash; current ratio ~2x)
  • + Solid shareholders' equity base (~$10.6B) supporting operations

JEF Stock Risks: Jefferies Financial Group Inc. Investment Risks

Claude
  • ! Severe negative operating cash flow of -1.7B with FCF margin of -62.8% indicates unsustainable cash burn and deteriorating business quality
  • ! Critical interest coverage ratio of 0.1x suggests acute debt servicing stress despite operating income
  • ! Paradoxical profitability decline - net income down 7.5% YoY despite massive revenue growth signals poor cost control or significant non-operating losses
  • ! Extremely poor returns on capital with ROE of 1.5% and ROA of 0.2% indicate inefficient asset deployment
  • ! Elevated leverage with Debt/Equity of 1.62x and 17.2B long-term debt constrains financial flexibility
ChatGPT
  • ! Very weak returns and margins (ROE 1.5%, net margin 5.5%)
  • ! Extremely low interest coverage (0.1x) heightens earnings/funding risk
  • ! Negative operating and free cash flow indicating poor cash generation

Key Metrics to Watch

Claude
  • * Operating cash flow trend and path to positive territory
  • * Interest coverage ratio improvement above 1.0x
  • * Net income trajectory and profitability recovery relative to revenue growth
  • * Debt/Equity ratio reduction below 1.4x
  • * Return on Equity improvement toward industry standards
ChatGPT
  • * Interest coverage (sustained improvement >1x-2x)
  • * Operating cash flow and FCF turning sustainably positive

Jefferies Financial Group Inc. (JEF) Financial Metrics & Key Ratios

Revenue
$2.9B
Net Income
$159.3M
EPS (Diluted)
$0.70
Free Cash Flow
$-1.8B
Total Assets
$74.4B
Cash Position
$12.0B

💡 AI Analyst Insight

Jefferies Financial Group Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

JEF Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 7.4%
Net Margin 5.5%
ROE 1.5%
ROA 0.2%
FCF Margin -62.8%

JEF vs Finance Sector: How Jefferies Financial Group Inc. Compares

How Jefferies Financial Group Inc. compares to Finance sector averages

Net Margin
JEF 5.5%
vs
Sector Avg 25.0%
JEF Sector
ROE
JEF 1.5%
vs
Sector Avg 12.0%
JEF Sector
Current Ratio
JEF 2.0x
vs
Sector Avg 1.2x
JEF Sector
Debt/Equity
JEF 1.6x
vs
Sector Avg 2.0x
JEF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Jefferies Financial Group Inc. Stock Overvalued? JEF Valuation Analysis 2026

Based on fundamental analysis, Jefferies Financial Group Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
1.5%
Sector avg: 12%
Net Profit Margin
5.5%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.62x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Jefferies Financial Group Inc. Balance Sheet: JEF Debt, Cash & Liquidity

Current Ratio
1.97x
Quick Ratio
1.73x
Debt/Equity
1.62x
Debt/Assets
85.7%
Interest Coverage
0.13x
Long-term Debt
$17.2B

JEF Revenue & Earnings Growth: 5-Year Financial Trend

JEF 5-year financial data: Year 2021: Revenue $6.1B, Net Income $959.6M, EPS $3.03. Year 2022: Revenue $6.1B, Net Income N/A, EPS $2.65. Year 2023: Revenue $6.1B, Net Income N/A, EPS $6.13. Year 2024: Revenue $4.9B, Net Income N/A, EPS $3.06. Year 2025: Revenue $5.5B, Net Income N/A, EPS $1.10.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Jefferies Financial Group Inc.'s revenue has remained relatively flat over the 5-year period, with a 10% decline. The most recent EPS of $1.10 reflects profitable operations.

JEF Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-62.8%
Free cash flow / Revenue

JEF Quarterly Earnings & Performance

Quarterly financial performance data for Jefferies Financial Group Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.1B $136.8M $0.57
Q3 2025 $1.3B $181.0M $0.75
Q2 2025 $1.1B $91.4M $0.40
Q1 2025 $1.0B $136.8M $0.57
Q3 2024 $845.0M $53.9M $0.22
Q2 2024 $753.4M $8.7M $0.05
Q1 2024 $775.0M $129.3M $0.54
Q3 2023 $845.0M $53.9M $0.22

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Jefferies Financial Group Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.7B
Cash generated from operations
Stock Buybacks
$174.3M
Shares repurchased (TTM)
Capital Expenditures
$64.9M
Investment in assets
Dividends Paid
$92.8M
Returned to shareholders

JEF SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Jefferies Financial Group Inc. (CIK: 0000096223)

📋 Recent SEC Filings

Date Form Document Action
Apr 7, 2026 10-Q jef-20260228.htm View →
Mar 31, 2026 8-K ef20068749_8k.htm View →
Mar 27, 2026 4 xslF345X06/marketforms-72788.xml View →
Mar 27, 2026 4 xslF345X06/marketforms-72787.xml View →
Mar 27, 2026 4 xslF345X06/marketforms-72786.xml View →

Frequently Asked Questions about JEF

What is the AI rating for JEF?

Jefferies Financial Group Inc. (JEF) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are JEF's key strengths?

Claude: Strong revenue growth of 95% YoY. Adequate liquidity with current ratio of 1.97x and 12.0B cash reserves. ChatGPT: Robust top-line growth (+95% YoY) with sizable scale. Strong liquidity profile (~$12B cash; current ratio ~2x).

What are the risks of investing in JEF?

Claude: Severe negative operating cash flow of -1.7B with FCF margin of -62.8% indicates unsustainable cash burn and deteriorating business quality. Critical interest coverage ratio of 0.1x suggests acute debt servicing stress despite operating income. ChatGPT: Very weak returns and margins (ROE 1.5%, net margin 5.5%). Extremely low interest coverage (0.1x) heightens earnings/funding risk.

What is JEF's revenue and growth?

Jefferies Financial Group Inc. reported revenue of $2.9B.

Does JEF pay dividends?

Jefferies Financial Group Inc. pays dividends, with $92.8M distributed to shareholders in the trailing twelve months.

Where can I find JEF SEC filings?

Official SEC filings for Jefferies Financial Group Inc. (CIK: 0000096223) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is JEF's EPS?

Jefferies Financial Group Inc. has a diluted EPS of $0.70.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is JEF a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Jefferies Financial Group Inc. has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is JEF stock overvalued or undervalued?

Valuation metrics for JEF: ROE of 1.5% (sector avg: 12%), net margin of 5.5% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy JEF stock in 2026?

Our dual AI analysis gives Jefferies Financial Group Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is JEF's free cash flow?

Jefferies Financial Group Inc.'s operating cash flow is $-1.7B, with capital expenditures of $64.9M. FCF margin is -62.8%.

How does JEF compare to other Finance stocks?

Vs Finance sector averages: Net margin 5.5% (avg: 25%), ROE 1.5% (avg: 12%), current ratio 1.97 (avg: 1.2).

Is Jefferies Financial Group Inc. carrying too much debt?

JEF has a debt-to-equity ratio of 1.62x, which is above the Finance sector average of 2x. However, the current ratio of 1.97 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 11, 2026 | Data as of: 2026-02-28 | Powered by Claude AI