JEFJefferies Financial Group Inc.
Security Brokers, Dealers & Flotation Companies
- Revenue
- $5.5B
- 14% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $10.6B
- Employees
- 7,787
- $712K revenue each
- Net debt / EBITDA
- —
- $1.6B net debt
- AI in 10-K
- 2.0
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashYes-90% of net incomeCash flow under 80% of net income
- Dilutive SBCNo2% of revenueOver 10% of revenue
- Payouts exceed cash flowNo-29% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo2% of assetsOver 40% of assets
- Shareholder dissentNo88% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeYes$712K · 15th pctBottom quartile of its SIC industry
- Quiet on AINo2.0 per 10K words · 55th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$10.6B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$629M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $6.1B | $4.7B | $3.2B | $4.9B | $5.5B | 14% |
| Net income | $1.7B | — | — | — | — | |
| Operating cash flow | $1.6B | $1.8B | −$1.9B | −$140M | −$1.5B | 964% |
| Capex | $166M | $224M | $1M | $251M | $207M | 17% |
| Stock-based comp | $78M | $44M | $45M | $63M | $88M | 40% |
| Buybacks | $269M | $860M | $169M | $44M | $59M | 32% |
| Dividends | $223M | $280M | $279M | $303M | $374M | 23% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $629M · 2
- Open-market sells, 12 mo
- $52 · 2
- Net
- $629M
Pay vs performance
No pay-versus-performance disclosure yet.