JEF (Jefferies Financial Group) Research & Development: $244 Mil (TTM As of Feb. 2026)


JEF Jefferies Financial Group Inc JEF
86 GF Score
Price $52.64
GF Value $57.93
Valuation Fairly Valued
! 4 Warning Signs
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What is Jefferies Financial Group Research & Development?

Jefferies Financial Group JEF -9.15% 86 Research & Development is $244 Mil as of Feb. 2026. GuruFocus rates JEF with a GF Score™ of 86/100 and a GF Value™ of $57.93 (Fairly Valued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Jefferies Financial Group's Research & Development for the three months ended in Feb. 2026 was $75 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2026 was $244 Mil.

Jefferies Financial Group  (NYSE:JEF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Jefferies Financial Group Research & Development Related Terms

Jefferies Financial Group Research & Development Historical Data

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The historical data trend for Jefferies Financial Group's Research & Development 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 Research & Development Chart

Jefferies Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.77 150.50 177.54 0.00 0.00

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
Research & Development 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 80.07 79.00 0.00 75.42 89.11
JEF
86GF Score
Jefferies Financial Group Inc JEF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Jefferies Financial Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $244 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $244 Mil mean?
Jefferies Financial Group (JEF) has a Research & Development of $244 Mil as of Feb. 2026. Research and development expense is the total cost for research and development activities. View historical data on Jefferies Financial Group and its competitors.
Is Jefferies Financial Group's Research & Development too high?
Jefferies Financial Group's current Research & Development is $244 Mil. Overall, Jefferies Financial Group has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jefferies Financial Group's Research & Development compare to SF and BMNR?
Jefferies Financial Group's Research & Development of $244 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Capital Markets company?
A good Research & Development depends on the Capital Markets industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Jefferies Financial Group and its competitors. Jefferies Financial Group's current Research & Development is $244 Mil. 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 Fairly Valued. The stock's GF Value™ is $57.93, compared to a current price of $52.64 — trading 9.1% below its estimated fair value. The current Research & Development is $244 Mil. Jefferies Financial Group's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Jefferies Financial Group (JEF), the current Research & Development is $244 Mil 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 (JEF) Overvalued in 2026?

Based on GuruFocus' analysis, Jefferies Financial Group stock appears to be undervalued. The current stock price of $52.64 is trading 9.1% below its estimated GF Value™ of $57.93. GuruFocus considers Jefferies Financial Group to be Fairly Valued.

Key valuation signals for JEF:

  • Research & Development: $244 Mil
  • GF Value™: $57.93 vs. price of $52.64 (9.1% below fair value)
  • GF Score™: 86/100 with 4 warning signs

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

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$52.64
Price
$57.93
GF Value