JEF (Jefferies Financial Group) Debt-to-EBITDA : 5.19 (As of May. 2026) — 27% Below Median

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JEF Jefferies Financial Group Inc JEF
86 GF Score
Price $55.69
GF Value $62.30
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Jefferies Financial Group Debt-to-EBITDA?

Jefferies Financial Group JEF +2.00% 86 Debt-to-EBITDA is 5.19 as of May. 2026, which is 27% below its 10-year median of 7.11. GuruFocus rates JEF with a GF Score™ of 86/100 and a GF Value™ of $62.30 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 421 Capital Markets companies, Jefferies Financial Group ranks worse than 74.58% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Jefferies Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $1,603 Mil. Jefferies Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $24,874 Mil. Jefferies Financial Group's annualized EBITDA for the quarter that ended in May. 2026 was $5,098 Mil. Jefferies Financial Group's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was 5.19.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Jefferies Financial Group's Debt-to-EBITDA or its related term are showing as below:

JEF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.42   Med: 7.11   Max: 19.1
Current: 5.47

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jefferies Financial Group was 19.10. The lowest was 3.42. And the median was 7.11.

JEF's Debt-to-EBITDA is ranked worse than
74.58% of 421 companies
in the Capital Markets industry
Industry Median: 1.54 vs JEF: 5.47

Jefferies Financial Group  (NYSE:JEF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Jefferies Financial Group Debt-to-EBITDA Related Terms


Jefferies Financial Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Jefferies Financial Group's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jefferies Financial Group Debt-to-EBITDA Chart

Jefferies Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.42 5.68 5.02 4.35 5.22

Jefferies Financial Group Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.46 4.75 4.99 5.76 5.19

JEF vs EVR, IREN, HUT: Debt-to-EBITDA Comparison

For the Capital Markets subindustry, Jefferies Financial Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jefferies Financial Group Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jefferies Financial Group's Debt-to-EBITDA falls into.


JEF
86GF Score
Jefferies Financial Group Inc JEF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Jefferies Financial Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Jefferies Financial Group's Debt-to-EBITDA for the fiscal year that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1767.206 + 21990.409) / 4552.821
=5.22

Jefferies Financial Group's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1603.482 + 24873.685) / 5098.492
=5.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (May. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 5.19 mean?
Jefferies Financial Group (JEF) has a Debt-to-EBITDA of 5.19 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Jefferies Financial Group. This is 27% below median its historical median of 7.11. Over the past decade, Jefferies Financial Group's Debt-to-EBITDA has ranged from 3.42 to 19.10. According to the industry distribution chart, Jefferies Financial Group ranks #314 out of 421 companies in the Capital Markets industry, placing it in the top 74.6%.
Is Jefferies Financial Group's Debt-to-EBITDA too high?
Jefferies Financial Group's current Debt-to-EBITDA of 5.19 is 27% below median its 10-year median of 7.11. Over the past 10 years, this metric has ranged from a low of 3.42 to a high of 19.10. The Capital Markets industry median Debt-to-EBITDA is 1.54. Jefferies Financial Group's value of 5.19 is 237% above this industry median. Based on the distribution chart, Jefferies Financial Group ranks #314 out of 421 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Jefferies Financial Group has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jefferies Financial Group's Debt-to-EBITDA compare to EVR and IREN?
According to the Capital Markets industry distribution chart, Jefferies Financial Group ranks #314 out of 421 companies for Debt-to-EBITDA. This places Jefferies Financial Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.54. Jefferies Financial Group's value of 5.19 is 237% above this benchmark. Historically, Jefferies Financial Group's own Debt-to-EBITDA has ranged from 3.42 to 19.10 over the past decade. While the company's 10-year median is 7.11 vs. the industry median of 1.54, Jefferies Financial Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.54, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jefferies Financial Group's current Debt-to-EBITDA of 5.19 is 237% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Jefferies Financial Group. For the Capital Markets industry, the median Debt-to-EBITDA is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jefferies Financial Group's current Debt-to-EBITDA is 5.19, which is 27% below median its own 10-year median of 7.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jefferies Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Jefferies Financial Group (JEF) is currently considered Modestly Undervalued. The stock's GF Value™ is $62.30, compared to a current price of $55.69 — trading 10.6% below its estimated fair value. The current Debt-to-EBITDA is 5.19, which is 27% below median its 10-year median of 7.11 and 237% above the Capital Markets industry median of 1.54. Jefferies Financial Group's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Jefferies Financial Group (JEF), the current Debt-to-EBITDA is 5.19 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jefferies Financial Group (JEF) Overvalued in 2026?

Based on GuruFocus' analysis, Jefferies Financial Group stock appears to be undervalued. The current stock price of $55.69 is trading 10.6% below its estimated GF Value™ of $62.30. GuruFocus considers Jefferies Financial Group to be Modestly Undervalued.

Key valuation signals for JEF:

  • Debt-to-EBITDA: 5.19 (27% below median its 10-year median of 7.11)
  • GF Value™: $62.30 vs. price of $55.69 (10.6% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 237% above the Capital Markets median (#314 of 421)

No single metric tells the full story. See the JEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jefferies Financial Group Business Description

Other Exchanges LN3:Germany
Address 520 Madison Avenue, New York, NY, USA, 10022
Jefferies Financial Group is a full-service investment banking and capital markets firm that was founded in 1962. After nearly 30 years of focusing on institutional trading services, it entered the investment banking industry in the early 1990s, which ultimately grew into the core business. In 2013, Jefferies merged with Leucadia, a manufacturing-focused holding company. Since merging, Jefferies became the core of the combined business as the bulk of the legacy portfolio was sold off and the parent company was renamed to match the subsidiary. Within the investment banking landscape, Jefferies predominately serves the North American middle market and has captured considerable market share over the past decade.
86GF Score

Get the complete analysis for JEF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$55.69
Price
$62.30
GF Value