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Jefferies Financial Group JEF Asset Management — Goodwill Acquired

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WDServicing And Asset Management — Goodwill Acquired
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Other financials

Income statement

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Revenue$2.2B+35.0%
Gross profit$2.2B+36.7%
Net income$250.0M+174%
EPS (diluted)$0.70+22.8%

Balance sheet

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Cash & equivalents$15.5B+25.5%
Total debt$19.6B+17.9%
Total equity$10.6B+2.5%
Total assets$79.5B+18.2%

Cash flow

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Operating cash flow-$1.7B+34.8%
CapEx$48.0M+9.9%
Free cash flow-$1.8B+33.6%

Valuation

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Market cap$12.95B+8.7%
Enterprise value$17.15B+5.4%
P/E15×-3.8×
P/S1.6×-0.2×

Profitability

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Gross margin98%+1.2pp
Net margin10.3%+1.1pp
FCF margin17.6%+15.6pp

Returns & leverage

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Return on equity8.3%+2.0pp
Debt / equity1.9×+0.2×

Where this comes from

Reported directly by Jefferies Financial Group in its filing.

Tagged under the XBRL concept us-gaap:GoodwillGross.

The source filing: Jefferies Financial Group’s 10-Q, filed July 9, 2026.

Filed
Jul 9, 2026, 4:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000096223-26-000025
$ in millionsMay 31, 2026November 30, 2025
Investment banking$702.5$702.0
Equities and wealth management256.0255.9
Fixed income578.3578.0
Asset management143.0143.0
Other investments45.7158.7
Total$1,725.5$1,837.6

Item 1. Financial Statements.

FAQ

What is Jefferies Financial Group's asset management — goodwill acquired?
Jefferies Financial Group (JEF) reported asset management — goodwill acquired of $143M in Q1 2026.
How has Jefferies Financial Group's asset management — goodwill acquired changed year-over-year?
Jefferies Financial Group's asset management — goodwill acquired decreased by 0.0% year-over-year, from $143M to $143M.
What does asset management — goodwill acquired mean?
This metric captures the total value of goodwill recognized on the balance sheet resulting from business acquisitions completed within the Asset Management segment during the current reporting period. It represents the excess of the purchase price over the fair value of net assets acquired in new transactions. This figure is a key indicator of the segment's expansion through M&A and the capital deployed for inorganic growth.

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