Jefferies Financial Group annual free cash flow
2007
2008
2009
2010
2011
2012
2013
2020
2021
2022
2023
2024
2025
Jefferies Financial Group Free Cash Flow (FCF) History (JEF)
Jefferies Financial Group reported −$1.70B in free cash flow for fiscal 2025, a decrease of $1.31B from the previous fiscal year, with a free cash flow margin of −30.70%.
View full Jefferies Financial Group company overviewJefferies Financial Group free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-11-30 | −$1.70B | −$1.31B | — | −30.70% |
| 2024 | 2024-11-30 | −$391.1M | $1.54B | — | −8.05% |
| 2023 | 2023-11-30 | −$1.93B | −$3.52B | — | −59.84% |
| 2022 | 2022-11-30 | $1.58B | $163.9M | +11.57% | +33.32% |
| 2021 | 2021-11-30 | $1.42B | −$461.8M | −24.58% | +23.07% |
| 2020 | 2020-11-30 | $1.88B | — | — | +47.88% |
| 2013 | 2013-12-31 | $565.2M | −$8.9M | −1.55% | +5.14% |
| 2012 | 2012-12-31 | $574.1M | $1.17B | — | +6.10% |
| 2011 | 2011-12-31 | −$595.4M | −$982.3M | — | −92.64% |
| 2010 | 2010-12-31 | $386.9M | $543.9M | — | +32.15% |
| 2009 | 2009-12-31 | −$157.0M | −$89.6M | — | −27.29% |
| 2008 | 2008-12-31 | −$67.3M | −$11.3M | — | −13.72% |
| 2007 | 2007-12-31 | −$56.1M | — | — | −4.85% |
Jefferies Financial Group quarterly free cash flow
Q3.08
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | $1.55B | $2.57B | — | +92.63% |
| Q1 2026 | 2026-02-28 | −$1.80B | $912.6M | — | −123.80% |
| Q4 2025 | 2025-11-30 | $1.91B | $268.4M | +16.37% | +114.18% |
| Q3 2025 | 2025-08-31 | $126.0M | $831.9M | — | +8.38% |
| Q2 2025 | 2025-05-31 | −$1.02B | −$1.05B | — | −83.31% |
| Q1 2025 | 2025-02-28 | −$2.71B | −$1.36B | — | −237.21% |
| Q4 2024 | 2024-11-30 | $1.64B | $1.76B | — | +113.48% |
| Q3 2024 | 2024-08-31 | −$705.8M | −$187.5M | — | −54.98% |
| Q2 2024 | 2024-05-31 | $29.0M | −$363.2M | −92.61% | +2.65% |
| Q1 2024 | 2024-02-29 | −$1.35B | $490.1M | — | −130.83% |
| Q4 2023 | 2023-11-30 | −$122.7M | −$426.1M | — | −14.27% |
| Q3 2023 | 2023-08-31 | −$518.3M | −$1.87B | — | −61.34% |
| Q2 2023 | 2023-05-31 | $392.1M | −$774.2M | −66.38% | +52.05% |
| Q1 2023 | 2023-02-28 | −$1.84B | −$601.8M | — | −237.93% |
| Q4 2022 | 2022-11-30 | $303.4M | — | — | +29.58% |
| Q3 2022 | 2022-08-31 | $1.35B | — | — | +114.94% |
| Q2 2022 | 2022-05-31 | $1.17B | — | — | +102.94% |
| Q1 2022 | 2022-02-28 | −$1.24B | — | — | −88.29% |
| Q1 2014 | 2014-03-31 | −$1.11B | −$924.8M | — | −35.32% |
| Q4 2013 | 2013-12-31 | −$284.1M | −$646.3M | — | −9.72% |
| Q3 2013 | 2013-09-30 | $456.2M | $274.6M | +151.18% | +16.84% |
| Q2 2013 | 2013-06-30 | $577.0M | $485.3M | +529.80% | +20.00% |
| Q1 2013 | 2013-03-31 | −$183.8M | −$122.5M | — | −8.00% |
| Q4 2012 | 2012-12-31 | $362.2M | $949.6M | — | +13.05% |
| Q3 2012 | 2012-09-30 | $181.6M | $170.2M | +1492.32% | +8.31% |
| Q2 2012 | 2012-06-30 | $91.6M | $89.1M | +3583.55% | +5.34% |
| Q1 2012 | 2012-03-31 | −$61.3M | −$39.4M | — | −2.25% |
| Q4 2011 | 2011-12-31 | −$587.4M | −$948.6M | — | −224.55% |
| Q3 2011 | 2011-09-30 | $11.4M | −$84.6M | −88.12% | +5.71% |
| Q2 2011 | 2011-06-30 | $2.5M | −$5.9M | −70.18% | +0.34% |
| Q1 2011 | 2011-03-31 | −$21.8M | $56.7M | — | −8.66% |
| Q4 2010 | 2010-12-31 | $361.1M | $376.6M | — | +76.99% |
| Q3 2010 | 2010-09-30 | $96.0M | $161.9M | — | +51.66% |
| Q2 2010 | 2010-06-30 | $8.3M | $11.9M | — | +2.88% |
| Q1 2010 | 2010-03-31 | −$78.6M | −$6.5M | — | −30.30% |
| Q4 2009 | 2009-12-31 | −$15.4M | — | — | −8.01% |
| Q3 2009 | 2009-09-30 | −$65.9M | $14.9M | — | −45.95% |
| Q2 2009 | 2009-06-30 | −$3.6M | — | — | −2.63% |
| Q1 2009 | 2009-03-31 | −$72.0M | — | — | −69.94% |
| Q3 2008 | 2008-09-30 | −$80.8M | — | — | −32.12% |
Jefferies Financial Group free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $1.88B to −$1.70B, a net decrease of $3.58B. Jefferies Financial Group's latest reported quarter, Q2 2026, generated $1.55B in free cash flow, an increase of $2.57B year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Jefferies Financial Group source filings ↗Community posts
Jefferies reports record investment-banking revenue but weaker fixed-income trading
Jefferies ($JEF) reported quarterly net revenue of $2.22 billion and earnings attributable to common shareholders of approximately $261 million. Diluted earnings per voting common share were $1.08. Investment-banking revenue increased 17% t ...
