Jefferies Financial Group (MEX:JEF) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Jefferies Financial Group Operating Margin % Related Terms
Jefferies Financial Group Operating Margin % Historical Data
* 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 Operating Margin % Chart
MEX:JEF vs SF, BMNR, RIOT: Operating Margin % Comparison
For the Capital Markets subindustry, Jefferies Financial Group's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Jefferies Financial Group's Operating Margin % falls into.
Jefferies Financial Group Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Jefferies Financial Group's Operating Margin % for the fiscal year that ended in Nov. 2025 is calculated as
* 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 (MEX:JEF) has a Operating Margin % of 41.38% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Jefferies Financial Group and its competitors. This is 19% above median its historical median of 34.65. Over the past decade, Jefferies Financial Group's Operating Margin % has ranged from 8.93 to 44.82. According to the industry distribution chart, Jefferies Financial Group ranks #148 out of 664 companies in the Capital Markets industry, placing it in the top 22.3%.
Is Jefferies Financial Group's Operating Margin % too high?
Jefferies Financial Group's current Operating Margin % of 41.38% is 19% above median its 10-year median of 34.65. Over the past 10 years, this metric has ranged from a low of 8.93 to a high of 44.82. The Capital Markets industry median Operating Margin % is 6.96. Jefferies Financial Group's value of 41.38% is 495% above this industry median. Based on the distribution chart, Jefferies Financial Group ranks #148 out of 664 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Jefferies Financial Group has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Jefferies Financial Group's Operating Margin % compare to SF and BMNR?
According to the Capital Markets industry distribution chart, Jefferies Financial Group ranks #148 out of 664 companies for Operating Margin %. This places Jefferies Financial Group in the top 22% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.96. Jefferies Financial Group's value of 41.38% is 495% above this benchmark. Historically, Jefferies Financial Group's own Operating Margin % has ranged from 8.93 to 44.82 over the past decade. While the company's 10-year median is 34.65 vs. the industry median of 6.96, 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 Operating Margin % for a Capital Markets company?
The median Operating Margin % among Capital Markets companies is 6.96, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jefferies Financial Group's current Operating Margin % of 41.38% is 495% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Jefferies Financial Group and its competitors. For the Capital Markets industry, the median Operating Margin % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jefferies Financial Group's current Operating Margin % is 41.38%, which is 19% above median its own 10-year median of 34.65. 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?
Jefferies Financial Group (MEX:JEF) has a current Operating Margin % of 41.38%. The stock's GF Value™ is MXN1,301.78, compared to a current price of MXN1,356.00 — trading 4.2% above its estimated fair value. The current Operating Margin % is 41.38%, which is 19% above median its 10-year median of 34.65 and 495% above the Capital Markets industry median of 6.96. Jefferies Financial Group's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Jefferies Financial Group (MEX:JEF), the current Operating Margin % is 41.38% as of Feb. 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 (MEX:JEF) Overvalued in 2026?
Based on GuruFocus' analysis, Jefferies Financial Group stock appears to be overvalued.
The current stock price of MXN1,356.00 is trading 4.2% above its estimated GF Value™ of MXN1,301.78.
Key valuation signals for MEX:JEF:
Operating Margin %: 41.38% (19% above median its 10-year median of 34.65)
GF Value™: MXN1,301.78 vs. price of MXN1,356.00 (4.2% above fair value)
Industry Position: 495% above the Capital Markets median (#148 of 664)
No single metric tells the full story. See the MEX:JEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
85GF Score
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