Jefferies Financial Group annual debt-to-equity ratio
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2025
Jefferies Financial Group Debt-to-Equity Ratio Growth & History (JEF)
Jefferies Financial Group's debt-to-equity ratio was 1.73 for fiscal 2025.
View full Jefferies Financial Group company overviewJefferies Financial Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | 1.73 | 0.29 | +20.03% |
| 2024 | 2024-11-30 | 1.44 | 0.28 | +24.33% |
| 2023 | 2023-11-30 | 1.16 | 0.20 | +20.35% |
| 2022 | 2022-11-30 | 0.96 | 0.02 | +2.51% |
| 2021 | 2021-11-30 | 0.94 | −0.09 | −9.11% |
| 2020 | 2020-11-30 | 1.03 | 0.10 | +11.22% |
| 2019 | 2019-11-30 | 0.93 | 0.13 | +16.57% |
| 2018 | 2018-11-30 | 0.80 | — | — |
| 2017 | 2017-12-31 | 0.82 | 0.04 | +5.49% |
| 2016 | 2016-12-31 | 0.78 | 0.04 | +5.29% |
| 2015 | 2015-12-31 | 0.74 | −0.09 | −10.56% |
| 2014 | 2014-12-31 | 0.83 | 0.02 | +2.22% |
| 2013 | 2013-12-31 | 0.81 | 0.61 | +303.92% |
| 2012 | 2012-12-31 | 0.20 | −0.11 | −34.88% |
| 2011 | 2011-12-31 | 0.31 | 0.07 | +26.83% |
| 2010 | 2010-12-31 | 0.24 | −0.16 | −40.16% |
| 2009 | 2009-12-31 | 0.41 | −0.37 | −47.76% |
| 2008 | 2008-12-31 | 0.78 | — | — |
Jefferies Financial Group quarterly debt-to-equity ratio
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Q3.25
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | 1.71 | 0.09 | +5.56% |
| Q1 2026 | 2026-02-28 | 1.80 | 0.24 | +15.38% |
| Q4 2025 | 2025-11-30 | 1.73 | 0.29 | +20.03% |
| Q3 2025 | 2025-08-31 | 1.65 | 0.19 | +13.36% |
| Q2 2025 | 2025-05-31 | 1.62 | 0.17 | +11.75% |
| Q1 2025 | 2025-02-28 | 1.56 | 0.42 | +36.96% |
| Q4 2024 | 2024-11-30 | 1.44 | 0.28 | +24.33% |
| Q3 2024 | 2024-08-31 | 1.46 | 0.39 | +36.08% |
| Q2 2024 | 2024-05-31 | 1.45 | 0.45 | +45.68% |
| Q1 2024 | 2024-02-29 | 1.14 | 0.21 | +22.36% |
| Q4 2023 | 2023-11-30 | 1.16 | 0.20 | +20.35% |
| Q3 2023 | 2023-08-31 | 1.07 | 0.18 | +19.82% |
| Q2 2023 | 2023-05-31 | 0.99 | 0.10 | +10.79% |
| Q1 2023 | 2023-02-28 | 0.93 | 0.04 | +4.54% |
| Q4 2022 | 2022-11-30 | 0.96 | 0.02 | +2.51% |
| Q3 2022 | 2022-08-31 | 0.89 | 0.03 | +3.36% |
| Q2 2022 | 2022-05-31 | 0.90 | −0.03 | −2.87% |
| Q1 2022 | 2022-02-28 | 0.89 | −0.04 | −4.68% |
| Q4 2021 | 2021-11-30 | 0.94 | −0.09 | −9.11% |
| Q3 2021 | 2021-08-31 | 0.86 | −0.18 | −17.16% |
| Q2 2021 | 2021-05-31 | 0.92 | −0.07 | −7.17% |
| Q1 2021 | 2021-02-28 | 0.94 | −0.10 | −9.58% |
| Q4 2020 | 2020-11-30 | 1.03 | 0.10 | +11.22% |
| Q3 2020 | 2020-08-31 | 1.04 | 0.20 | +23.24% |
| Q2 2020 | 2020-05-31 | 0.99 | 0.14 | +17.06% |
| Q1 2020 | 2020-02-29 | 1.04 | 0.21 | +25.20% |
| Q4 2019 | 2019-11-30 | 0.93 | 0.13 | +16.57% |
| Q3 2019 | 2019-08-31 | 0.85 | — | — |
| Q2 2019 | 2019-05-31 | 0.85 | — | — |
| Q1 2019 | 2019-02-28 | 0.83 | — | — |
| Q4 2018 | 2018-11-30 | 0.80 | — | — |
| Q3 2018 | 2018-09-30 | 0.77 | −0.05 | −5.64% |
| Q2 2018 | 2018-06-30 | 0.78 | −0.03 | −3.98% |
| Q1 2018 | 2018-03-31 | 0.87 | 0.05 | +5.43% |
| Q4 2017 | 2017-12-31 | 0.82 | 0.04 | +5.49% |
| Q3 2017 | 2017-09-30 | 0.81 | 0.05 | +6.86% |
| Q2 2017 | 2017-06-30 | 0.81 | 0.06 | +8.30% |
| Q1 2017 | 2017-03-31 | 0.83 | 0.04 | +5.48% |
| Q4 2016 | 2016-12-31 | 0.78 | 0.04 | +5.29% |
| Q3 2016 | 2016-09-30 | 0.76 | 0.00 | +0.37% |
| Q2 2016 | 2016-06-30 | 0.75 | −0.08 | −9.33% |
| Q1 2016 | 2016-03-31 | 0.79 | −0.06 | −6.66% |
| Q4 2015 | 2015-12-31 | 0.74 | −0.09 | −10.56% |
| Q3 2015 | 2015-09-30 | 0.76 | −0.08 | −9.50% |
| Q2 2015 | 2015-06-30 | 0.83 | −0.02 | −2.79% |
| Q1 2015 | 2015-03-31 | 0.84 | 0.02 | +2.84% |
| Q4 2014 | 2014-12-31 | 0.83 | 0.02 | +2.22% |
| Q3 2014 | 2014-09-30 | 0.84 | 0.11 | +14.49% |
| Q2 2014 | 2014-06-30 | 0.85 | 0.10 | +12.86% |
| Q1 2014 | 2014-03-31 | 0.82 | 0.04 | +4.71% |
| Q4 2013 | 2013-12-31 | 0.81 | 0.61 | +303.92% |
| Q3 2013 | 2013-09-30 | 0.73 | 0.51 | +234.24% |
| Q2 2013 | 2013-06-30 | 0.75 | 0.52 | +225.71% |
| Q1 2013 | 2013-03-31 | 0.78 | 0.55 | +243.30% |
| Q4 2012 | 2012-12-31 | 0.20 | −0.11 | −34.88% |
| Q3 2012 | 2012-09-30 | 0.22 | −0.03 | −10.33% |
| Q2 2012 | 2012-06-30 | 0.23 | 0.02 | +6.95% |
| Q1 2012 | 2012-03-31 | 0.23 | 0.00 | +2.14% |
| Q4 2011 | 2011-12-31 | 0.31 | 0.07 | +26.83% |
| Q3 2011 | 2011-09-30 | 0.24 | −0.12 | −32.93% |
| Q2 2011 | 2011-06-30 | 0.22 | −0.29 | −57.10% |
| Q1 2011 | 2011-03-31 | 0.22 | −0.21 | −48.58% |
| Q4 2010 | 2010-12-31 | 0.24 | −0.16 | −40.16% |
| Q3 2010 | 2010-09-30 | 0.36 | −0.10 | −21.59% |
| Q2 2010 | 2010-06-30 | 0.50 | −0.02 | −4.66% |
| Q1 2010 | 2010-03-31 | 0.43 | — | — |
| Q4 2009 | 2009-12-31 | 0.41 | −0.37 | −47.76% |
| Q3 2009 | 2009-09-30 | 0.46 | — | — |
| Q2 2009 | 2009-06-30 | 0.53 | — | — |
| Q4 2008 | 2008-12-31 | 0.78 | — | — |
Jefferies Financial Group debt-to-equity ratio trends
Over the last five fiscal years, Jefferies Financial Group's debt-to-equity ratio increased from 1.03 to 1.73, a change of 0.69. The latest reported quarter, Q2 2026, shows 1.71.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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