Jefferies Financial Group Gross Margin Growth & History (JEF)
Jefferies Financial Group's gross margin was 96.56% for fiscal 2025.
View full Jefferies Financial Group company overviewJefferies Financial Group annual gross margin history
2007
2008
2009
2010
2011
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2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-11-30 | 96.56% | +0.80 pp |
| 2024 | 2024-11-30 | 95.75% | −3.34 pp |
| 2023 | 2023-11-30 | 99.09% | +8.38 pp |
| 2022 | 2022-11-30 | 90.71% | −1.63 pp |
| 2021 | 2021-11-30 | 92.33% | +0.96 pp |
| 2020 | 2020-11-30 | 91.37% | +2.83 pp |
| 2019 | 2019-11-30 | 88.54% | −1.61 pp |
| 2018 | 2018-11-30 | 90.16% | — |
| 2017 · Dec 31 | 2017-12-31 | 94.44% | +3.19 pp |
| 2016 | 2016-12-31 | 91.24% | +56.95 pp |
| 2015 | 2015-12-31 | 34.29% | −0.65 pp |
| 2014 | 2014-12-31 | 34.95% | +3.75 pp |
| 2013 | 2013-12-31 | 31.20% | +10.73 pp |
| 2012 | 2012-12-31 | 20.47% | −45.93 pp |
| 2011 | 2011-12-31 | 66.39% | −14.97 pp |
| 2010 | 2010-12-31 | 81.36% | +15.60 pp |
| 2009 | 2009-12-31 | 65.76% | +25.94 pp |
| 2008 | 2008-12-31 | 39.82% | −30.68 pp |
| 2007 | 2007-12-31 | 70.50% | — |
Jefferies Financial Group quarterly gross margin
Q2.08
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
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Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
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 | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-05-31 | 98.13% | +1.64 pp |
| Q1 2026 | 2026-02-28 | 97.94% | +1.58 pp |
| Q4 2025 | 2025-11-30 | 95.69% | +2.39 pp |
| Q3 2025 | 2025-08-31 | 97.71% | +0.62 pp |
| Q2 2025 | 2025-05-31 | 96.50% | −0.08 pp |
| Q1 2025 | 2025-02-28 | 96.37% | −0.28 pp |
| Q4 2024 | 2024-11-30 | 93.30% | −3.99 pp |
| Q3 2024 | 2024-08-31 | 97.09% | −2.72 pp |
| Q2 2024 | 2024-05-31 | 96.58% | −3.11 pp |
| Q1 2024 | 2024-02-29 | 96.65% | −3.07 pp |
| Q4 2023 | 2023-11-30 | 97.29% | +6.19 pp |
| Q3 2023 | 2023-08-31 | 99.81% | +10.29 pp |
| Q2 2023 | 2023-05-31 | 99.69% | +11.20 pp |
| Q1 2023 | 2023-02-28 | 99.72% | +6.52 pp |
| Q4 2022 | 2022-11-30 | 91.10% | −3.85 pp |
| Q3 2022 | 2022-08-31 | 89.51% | −1.21 pp |
| Q2 2022 | 2022-05-31 | 88.49% | −1.88 pp |
| Q1 2022 | 2022-02-28 | 93.20% | −0.13 pp |
| Q4 2021 | 2021-11-30 | 94.95% | +31.37 pp |
| Q3 2021 | 2021-08-31 | 90.73% | −0.79 pp |
| Q2 2021 | 2021-05-31 | 90.36% | +1.13 pp |
| Q1 2021 | 2021-02-28 | 93.33% | +1.27 pp |
| Q4 2020 | 2020-11-30 | 63.58% | +4.89 pp |
| Q3 2020 | 2020-08-31 | 91.52% | +3.20 pp |
| Q2 2020 | 2020-05-31 | 89.23% | −0.05 pp |
| Q1 2020 | 2020-02-29 | 92.06% | +3.80 pp |
| Q4 2019 | 2019-11-30 | 58.69% | −34.93 pp |
| Q3 2019 | 2019-08-31 | 88.32% | — |
| Q2 2019 | 2019-05-31 | 89.28% | — |
| Q1 2019 | 2019-02-28 | 88.26% | — |
| Q4 2018 | 2018-11-30 | 93.62% | — |
| Q3 2018 | 2018-09-30 | 89.12% | −4.39 pp |
| Q2 2018 | 2018-06-30 | 89.13% | −4.59 pp |
| Q1 2018 | 2018-03-31 | 88.75% | +38.52 pp |
| Q4 2017 | 2017-12-31 | 108.39% | +83.18 pp |
| Q3 2017 | 2017-09-30 | 93.51% | +52.08 pp |
| Q2 2017 | 2017-06-30 | 93.72% | +56.24 pp |
| Q1 2017 | 2017-03-31 | 50.23% | +24.89 pp |
| Q4 2016 | 2016-12-31 | 25.21% | −11.60 pp |
| Q3 2016 | 2016-09-30 | 41.43% | +16.92 pp |
| Q2 2016 | 2016-06-30 | 37.48% | +4.59 pp |
| Q1 2016 | 2016-03-31 | 25.34% | −17.73 pp |
| Q4 2015 | 2015-12-31 | 36.81% | +5.23 pp |
| Q3 2015 | 2015-09-30 | 24.50% | −13.21 pp |
| Q2 2015 | 2015-06-30 | 32.89% | −1.22 pp |
| Q1 2015 | 2015-03-31 | 43.07% | +5.05 pp |
| Q4 2014 | 2014-12-31 | 31.58% | −9.27 pp |
| Q3 2014 | 2014-09-30 | 37.71% | +7.93 pp |
| Q2 2014 | 2014-06-30 | 34.10% | +0.70 pp |
| Q1 2014 | 2014-03-31 | 38.02% | +17.69 pp |
| Q4 2013 | 2013-12-31 | 40.85% | +9.02 pp |
| Q3 2013 | 2013-09-30 | 29.78% | +15.98 pp |
| Q2 2013 | 2013-06-30 | 33.40% | +42.97 pp |
| Q1 2013 | 2013-03-31 | 20.33% | −12.81 pp |
| Q4 2012 | 2012-12-31 | 31.83% | +252.88 pp |
| Q3 2012 | 2012-09-30 | 13.80% | −58.22 pp |
| Q2 2012 | 2012-06-30 | −9.57% | −101.54 pp |
| Q1 2012 | 2012-03-31 | 33.14% | −45.32 pp |
| Q4 2011 | 2011-12-31 | −221.04% | −310.35 pp |
| Q3 2011 | 2011-09-30 | 72.02% | +0.63 pp |
| Q2 2011 | 2011-06-30 | 91.97% | +14.83 pp |
| Q1 2011 | 2011-03-31 | 78.47% | −0.39 pp |
| Q4 2010 | 2010-12-31 | 89.30% | +15.23 pp |
| Q3 2010 | 2010-09-30 | 71.39% | +9.33 pp |
| Q2 2010 | 2010-06-30 | 77.14% | +11.86 pp |
| Q1 2010 | 2010-03-31 | 78.85% | +22.87 pp |
| Q4 2009 | 2009-12-31 | 74.07% | — |
| Q3 2009 | 2009-09-30 | 62.06% | −6.77 pp |
| Q2 2009 | 2009-06-30 | 65.27% | −10.35 pp |
| Q1 2009 | 2009-03-31 | 55.98% | — |
| Q3 2008 | 2008-09-30 | 68.82% | — |
| Q2 2008 | 2008-06-30 | 75.62% | — |
Jefferies Financial Group gross margin trends
Over the last five fiscal years, Jefferies Financial Group's gross margin increased from 91.37% to 96.56%, a change of +5.19 percentage points. The latest reported quarter, Q2 2026, shows 98.13%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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