Jefferies Financial Group Inc (JEF) — Tangible Net Worth Ratio

Latest as of February 2026: 98.9%

Jefferies Financial Group Inc (JEF) has a Tangible Net Worth Ratio of 98.9% as of February 2026. This metric is calculated by deducting intangible assets ($113.22 Million) from net assets ($10.66 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Jefferies Financial Group Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

98.9%
Tangible equity / total equity

Net Assets (Equity)

$10.66 Billion
USD

Intangible Assets

$113.22 Million
Goodwill, patents, brand value

Total Assets

$74.38 Billion
USD

Jefferies Financial Group Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Jefferies Financial Group Inc's Tangible Net Worth Ratio has changed across 42 annual periods from 1985 to 2025. As of February 2026, the ratio stands at 98.9%, reflecting net assets of $10.66 Billion with intangible assets of $113.22 Million USD. See Jefferies Financial Group Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Jefferies Financial Group Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Jefferies Financial Group Inc from 1985 to 2025, covering 42 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see JEF company net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 98.1% $10.64 Billion $202.58 Million $76.01 Billion ▲ +0.3 pp
2024 97.8% $10.23 Billion $226.37 Million $64.36 Billion ▼ -0.2 pp
2023 98.0% $9.80 Billion $196.92 Million $57.91 Billion ▼ -0.7 pp
2022 98.7% $10.43 Billion $139.46 Million $51.06 Billion ▲ +0.1 pp
2021 98.6% $10.73 Billion $152.40 Million $60.40 Billion ▲ +0.3 pp
2020 98.3% $9.59 Billion $167.15 Million $53.12 Billion ▲ +18.4 pp
2020 79.9% $9.54 Billion $1.92 Billion $51.78 Billion ▼ -18.2 pp
2019 98.1% $9.75 Billion $182.95 Million $49.46 Billion ▼ -1.5 pp
2018 99.6% $46.82 Billion $188.29 Million $47.13 Billion ▲ +6.6 pp
2017 93.0% $10.57 Billion $741.03 Million $47.17 Billion ▲ +0.4 pp
2016 92.6% $10.77 Billion $797.96 Million $45.07 Billion ▲ +1.0 pp
2015 91.5% $10.78 Billion $912.02 Million $46.34 Billion ▲ +0.8 pp
2014 90.7% $10.56 Billion $978.37 Million $52.62 Billion ▲ +0.5 pp
2013 90.2% $10.41 Billion $1.02 Billion $47.87 Billion ▲ +2.0 pp
2012 88.2% $7.01 Billion $829.83 Million $9.35 Billion ▲ +1.5 pp
2011 86.6% $6.41 Billion $858.47 Million $9.26 Billion ▼ -12.9 pp
2010 99.5% $6.96 Billion $34.48 Million $9.35 Billion ▲ +0.5 pp
2009 99.0% $4.37 Billion $43.07 Million $6.76 Billion ▲ +1.8 pp
2008 97.2% $2.70 Billion $75.53 Million $5.20 Billion ▼ -1.5 pp
2007 98.7% $5.59 Billion $71.36 Million $8.13 Billion ▲ +0.2 pp
2006 98.5% $3.91 Billion $59.44 Million $5.30 Billion ▲ +0.8 pp
2005 97.7% $3.68 Billion $85.08 Million $5.26 Billion ▼ -2.2 pp
2004 99.9% $2.26 Billion $1.47 Million $3.34 Billion ▲ +2.9 pp
2003 97.0% $2.15 Billion $64.29 Million $4.39 Billion ▼ -3.0 pp
2002 100.0% $1.64 Billion $0.00 $2.54 Billion ▲ +0.0 pp
2001 100.0% $1.31 Billion $0.00 $2.47 Billion ▲ +0.0 pp
2000 100.0% $1.32 Billion $0.00 $3.14 Billion ▲ +0.0 pp
1999 100.0% $1.24 Billion $0.00 $3.07 Billion ▲ +0.0 pp
1998 100.0% $1.96 Billion $0.00 $3.96 Billion ▲ +0.0 pp
1997 100.0% $2.02 Billion $0.00 $4.50 Billion ▲ +0.0 pp
1996 100.0% $1.13 Billion $0.00 $5.19 Billion ▲ +0.0 pp
1995 100.0% $1.12 Billion $0.00 $5.11 Billion ▲ +0.0 pp
1994 100.0% $893.40 Million $0.00 $4.67 Billion ▲ +0.0 pp
1993 100.0% $920.50 Million $0.00 $4.69 Billion ▲ +0.0 pp
1992 100.0% $628.20 Million $0.00 $4.33 Billion ▲ +0.0 pp
1991 100.0% $443.00 Million $0.00 $4.59 Billion ▲ +0.0 pp
1990 100.0% $321.00 Million $0.00 $2.41 Billion ▲ +0.0 pp
1989 100.0% $331.20 Million $0.00 $2.24 Billion ▲ +0.0 pp
1988 100.0% $206.90 Million $0.00 $2.20 Billion ▲ +0.0 pp
1987 100.0% $180.40 Million $0.00 $1.25 Billion ▲ +0.0 pp
1986 100.0% $214.60 Million $0.00 $1.05 Billion ▲ +0.0 pp
1985 100.0% $151.00 Million $0.00 $956.90 Million
pp = percentage points