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Jefferies Financial Group JEF Investment banking — Goodwill

Other segment segments

Investment Banking and Capital Markets
$1.54B0.0%
Fixed income
$578.3M0.0%
Equities and wealth management
$256M0.0%
Asset Management
$188.63M-38.1%
Other investments
$45.7M-71.8%

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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 investment banking — goodwill?
Jefferies Financial Group (JEF) reported investment banking — goodwill of $702.5M in Q1 2026.
How has Jefferies Financial Group's investment banking — goodwill changed year-over-year?
Jefferies Financial Group's investment banking — goodwill decreased by 0.0% year-over-year, from $702.7M to $702.5M.
What does investment banking — goodwill mean?
This metric represents the carrying value of goodwill specifically allocated to the investment banking business segment. It arises when the company acquires another entity for a price exceeding the fair value of its identifiable net assets, reflecting the premium paid for synergies, brand reputation, and market position within the advisory and underwriting space. Monitoring this balance is essential for assessing potential impairment risks related to the segment's long-term growth prospects.

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