Jefferies Financial Group Inc (JEF) - Net Assets
Based on the latest financial reports, Jefferies Financial Group Inc (JEF) has net assets worth $10.66 Billion USD as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($74.38 Billion) and total liabilities ($63.72 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore JEF total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.66 Billion |
| % of Total Assets | 14.33% |
| Annual Growth Rate | 11.22% |
| 5-Year Change | -0.81% |
| 10-Year Change | 0.73% |
| Growth Volatility | 59.64 |
Jefferies Financial Group Inc - Net Assets Trend (1985–2025)
This chart illustrates how Jefferies Financial Group Inc's net assets have evolved over time, based on quarterly financial data. Check JEF intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Jefferies Financial Group Inc (1985–2025)
The table below shows the annual net assets of Jefferies Financial Group Inc from 1985 to 2025. For live valuation and market cap data, see how much is Jefferies Financial Group Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $10.64 Billion | +4.08% |
| 2024-11-30 | $10.23 Billion | +4.31% |
| 2023-11-30 | $9.80 Billion | -5.99% |
| 2022-11-30 | $10.43 Billion | -2.82% |
| 2021-11-30 | $10.73 Billion | +11.91% |
| 2020-11-30 | $9.59 Billion | +0.55% |
| 2020-02-29 | $9.54 Billion | -2.23% |
| 2019-11-30 | $9.75 Billion | -79.17% |
| 2018-11-30 | $46.82 Billion | +343.17% |
| 2017-11-30 | $10.57 Billion | -1.86% |
| 2016-11-30 | $10.77 Billion | -0.16% |
| 2015-11-30 | $10.78 Billion | +2.14% |
| 2014-11-30 | $10.56 Billion | +1.37% |
| 2013-11-30 | $10.41 Billion | +48.58% |
| 2012-11-30 | $7.01 Billion | +9.28% |
| 2011-11-30 | $6.41 Billion | -7.89% |
| 2010-11-30 | $6.96 Billion | +59.18% |
| 2009-11-30 | $4.37 Billion | +62.30% |
| 2008-11-30 | $2.70 Billion | -51.79% |
| 2007-11-30 | $5.59 Billion | +42.92% |
| 2006-11-30 | $3.91 Billion | +6.37% |
| 2005-11-30 | $3.68 Billion | +62.83% |
| 2004-11-30 | $2.26 Billion | +4.97% |
| 2003-11-30 | $2.15 Billion | +30.96% |
| 2002-11-30 | $1.64 Billion | +25.62% |
| 2001-11-30 | $1.31 Billion | -0.72% |
| 2000-11-30 | $1.32 Billion | +6.49% |
| 1999-11-30 | $1.24 Billion | -36.97% |
| 1998-11-30 | $1.96 Billion | -2.99% |
| 1997-11-30 | $2.02 Billion | +79.44% |
| 1996-11-30 | $1.13 Billion | +0.53% |
| 1995-11-30 | $1.12 Billion | +25.53% |
| 1994-11-30 | $893.40 Million | -2.94% |
| 1993-11-30 | $920.50 Million | +46.53% |
| 1992-11-30 | $628.20 Million | +41.81% |
| 1991-11-30 | $443.00 Million | +38.01% |
| 1990-11-30 | $321.00 Million | -3.08% |
| 1989-11-30 | $331.20 Million | +60.08% |
| 1988-11-30 | $206.90 Million | +14.69% |
| 1987-11-30 | $180.40 Million | -15.94% |
| 1986-11-30 | $214.60 Million | +42.12% |
| 1985-11-30 | $151.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jefferies Financial Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7632.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.57 Billion | 81.09% |
| Common Stock | $206.30 Million | 1.95% |
| Other Comprehensive Income | $-384.43 Million | -3.64% |
| Other Components | $2.18 Billion | 20.60% |
| Total Equity | $10.57 Billion | 100.00% |
Jefferies Financial Group Inc Competitors by Market Cap
The table below lists competitors of Jefferies Financial Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Rural Commercial Bank Co Ltd
SHG:601825
|
$11.60 Billion |
|
CENTRICA ADR NEW 2004/4
F:CENN
|
$11.61 Billion |
|
NortonLifeLock Inc
F:SYM
|
$11.63 Billion |
|
Nova Ltd
TA:NVMI
|
$11.63 Billion |
|
Far EasTone Telecommunications Co Ltd
TW:4904
|
$11.59 Billion |
|
Max Healthcare Institute Limited
NSE:MAXHEALTH
|
$11.58 Billion |
|
TATA CONSUMER PRODUCTS LIMITED
NSE:TATACONSUM
|
$11.57 Billion |
|
Advanced Energy Industries Inc
NASDAQ:AEIS
|
$11.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jefferies Financial Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,156,772,000 to 10,574,696,000, a change of 417,924,000 (4.1%).
- Net income of 710,475,000 contributed positively to equity growth.
- Dividend payments of 374,130,000 reduced retained earnings.
- Share repurchases of 58,515,000 reduced equity.
- Other comprehensive income increased equity by 38,697,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $710.48 Million | +6.72% |
| Dividends Paid | $374.13 Million | -3.54% |
| Share Repurchases | $58.52 Million | -0.55% |
| Other Comprehensive Income | $38.70 Million | +0.37% |
| Other Changes | $101.40 Million | +0.96% |
| Total Change | $- | 4.11% |
Book Value vs Market Value Analysis
This analysis compares Jefferies Financial Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 68.93x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-11-30 | $0.82 | $56.74 | x |
| 1986-11-30 | $1.24 | $56.74 | x |
| 1987-11-30 | $1.13 | $56.74 | x |
| 1988-11-30 | $1.28 | $56.74 | x |
| 1989-11-30 | $1.58 | $56.74 | x |
| 1990-11-30 | $1.84 | $56.74 | x |
| 1991-11-30 | $2.56 | $56.74 | x |
| 1992-11-30 | $4.21 | $56.74 | x |
| 1993-11-30 | $5.17 | $56.74 | x |
| 1994-11-30 | $5.00 | $56.74 | x |
| 1995-11-30 | $6.24 | $56.74 | x |
| 1996-11-30 | $6.20 | $56.74 | x |
| 1997-11-30 | $9.84 | $56.74 | x |
| 1998-11-30 | $9.78 | $56.74 | x |
| 1999-11-30 | $6.30 | $56.74 | x |
| 2000-11-30 | $7.23 | $56.74 | x |
| 2001-11-30 | $7.17 | $56.74 | x |
| 2002-11-30 | $9.11 | $56.74 | x |
| 2003-11-30 | $11.43 | $56.74 | x |
| 2004-11-30 | $10.75 | $56.74 | x |
| 2005-11-30 | $15.98 | $56.74 | x |
| 2006-11-30 | $17.47 | $56.74 | x |
| 2007-11-30 | $24.15 | $56.74 | x |
| 2008-11-30 | $11.61 | $56.74 | x |
| 2009-11-30 | $17.60 | $56.74 | x |
| 2010-11-30 | $28.09 | $56.74 | x |
| 2011-11-30 | $25.25 | $56.74 | x |
| 2012-11-30 | $27.19 | $56.74 | x |
| 2013-11-30 | $29.05 | $56.74 | x |
| 2014-11-30 | $27.60 | $56.74 | x |
| 2015-11-30 | $28.95 | $56.74 | x |
| 2016-11-30 | $27.60 | $56.74 | x |
| 2017-11-30 | $27.26 | $56.74 | x |
| 2018-11-30 | $134.17 | $56.74 | x |
| 2019-11-30 | $30.76 | $56.74 | x |
| 2020-02-29 | $34.41 | $56.74 | x |
| 2020-11-30 | $32.80 | $56.74 | x |
| 2021-11-30 | $39.52 | $56.74 | x |
| 2022-11-30 | $40.80 | $56.74 | x |
| 2023-11-30 | $41.04 | $56.74 | x |
| 2024-11-30 | $45.41 | $56.74 | x |
| 2025-11-30 | $47.48 | $56.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jefferies Financial Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.56%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 7.19x
- Recent ROE (6.72%) is below the historical average (8.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 15.30% | 7.84% | 0.31x | 6.34x | $8.00 Million |
| 1986 | 30.15% | 20.17% | 0.30x | 4.90x | $43.24 Million |
| 1987 | -10.03% | -4.92% | 0.29x | 6.96x | $-36.14 Million |
| 1988 | 11.45% | 2.63% | 0.41x | 10.62x | $3.01 Million |
| 1989 | 24.95% | 9.61% | 0.30x | 8.71x | $38.53 Million |
| 1990 | 17.61% | 7.01% | 0.28x | 8.96x | $20.44 Million |
| 1991 | 25.96% | 8.73% | 0.24x | 12.56x | $58.35 Million |
| 1992 | 21.13% | 8.30% | 0.36x | 7.01x | $68.78 Million |
| 1993 | 27.04% | 17.44% | 0.30x | 5.16x | $154.71 Million |
| 1994 | 8.03% | 5.11% | 0.30x | 5.30x | $-17.38 Million |
| 1995 | 9.67% | 6.90% | 0.31x | 4.60x | $-3.65 Million |
| 1996 | 4.36% | 3.23% | 0.29x | 4.65x | $-63.11 Million |
| 1997 | 35.51% | 102.84% | 0.14x | 2.42x | $475.45 Million |
| 1998 | 2.93% | 10.24% | 0.13x | 2.14x | $-131.02 Million |
| 1999 | 19.16% | 30.43% | 0.23x | 2.74x | $102.80 Million |
| 2000 | 9.63% | 16.21% | 0.23x | 2.61x | $-4.42 Million |
| 2001 | -0.63% | -2.00% | 0.15x | 2.07x | $-127.05 Million |
| 2002 | 10.53% | 54.51% | 0.12x | 1.66x | $8.17 Million |
| 2003 | 4.55% | 15.32% | 0.14x | 2.06x | $-116.36 Million |
| 2004 | 6.44% | 7.60% | 0.57x | 1.48x | $-80.37 Million |
| 2005 | 44.68% | 492.41% | 0.06x | 1.44x | $1.27 Billion |
| 2006 | 4.86% | 42.01% | 0.09x | 1.36x | $-199.93 Million |
| 2007 | 8.69% | 55.17% | 0.11x | 1.46x | $-72.76 Million |
| 2008 | -94.72% | -234.62% | 0.21x | 1.94x | $-2.80 Billion |
| 2009 | 12.62% | 95.67% | 0.09x | 1.55x | $114.12 Million |
| 2010 | 27.88% | 517.70% | 0.04x | 1.34x | $1.24 Billion |
| 2011 | 0.41% | 3.93% | 0.07x | 1.50x | $-592.21 Million |
| 2012 | 12.63% | 9.09% | 1.01x | 1.38x | $177.74 Million |
| 2013 | 3.69% | 3.39% | 0.23x | 4.74x | $-637.61 Million |
| 2014 | 2.02% | 1.69% | 0.23x | 5.11x | $-821.85 Million |
| 2015 | 2.63% | 2.43% | 0.25x | 4.30x | $-794.60 Million |
| 2016 | 1.27% | 3.38% | 0.09x | 4.40x | $-895.31 Million |
| 2017 | 1.70% | 3.40% | 0.11x | 4.67x | $-838.87 Million |
| 2018 | 0.34% | 4.99% | 0.07x | 1.00x | $-4.55 Billion |
| 2019 | 9.89% | 18.00% | 0.11x | 5.07x | $-10.63 Million |
| 2020 | 8.14% | 11.15% | 0.13x | 5.57x | $-177.65 Million |
| 2021 | 15.60% | 18.72% | 0.15x | 5.63x | $601.35 Million |
| 2022 | 7.53% | 10.99% | 0.14x | 4.90x | $-257.25 Million |
| 2023 | 2.86% | 3.73% | 0.13x | 5.96x | $-693.29 Million |
| 2024 | 7.32% | 7.07% | 0.16x | 6.34x | $-272.29 Million |
| 2025 | 6.72% | 6.56% | 0.14x | 7.19x | $-346.99 Million |
Industry Comparison
This section compares Jefferies Financial Group Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $146,806,714
- Average return on equity (ROE) among peers: -51.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jefferies Financial Group Inc (JEF) | $10.66 Billion | 15.30% | 5.98x | $11.60 Billion |
| American Bitcoin Corp (ABTC) | $665.82 Million | -23.00% | 0.87x | $1.47 Billion |
| Abits Group Inc. (ABTS) | $3.25K | -0.65% | 2.08x | $3.23 Million |
| Sphere 3D Corp (ANY) | $7.45 Million | -29.99% | 0.12x | $10.84 Million |
| Argo Blockchain PLC ADR (ARBK) | $33.15 Million | 5.93% | 0.34x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $43.11 Million | -278.59% | 0.29x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $3.04 Million | -226.15% | 1.08x | $36.63 Million |
| Solowin Holdings (AXG) | $3.34 Million | 5.15% | 2.06x | $504.26 Million |
| BGC Group Inc. (BGC) | $107.40 Million | 36.50% | 3.78x | $4.20 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.24 Million | 0.00% | 0.00x | $32.70 Million |
| Bitfarms Ltd (BITF) | $608.00 Million | -8.89% | 0.10x | $1.21 Billion |
About Jefferies Financial Group Inc
Jefferies Financial Group Inc. operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. It operates in two segments, Investment Banking and Capital Markets, and Asset Management. The company provides investment banking and advisory services for mergers or acquisitions, debt financing, restructurings, and private capital advisory tr… Read more