Jefferies Financial GroupJEF -9.15%86 ROA % is 0.93% as of Feb. 2026, which is 17% below its 10-year median of 1.12. 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. Among 816 Capital Markets companies, Jefferies Financial Group ranks worse than 55.64% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jefferies Financial Group's annualizedNet Income for the quarter that ended in Feb. 2026 was $701 Mil.
Jefferies Financial Group's average Total Assets over the quarter that ended in Feb. 2026 was $75,196 Mil. Therefore, Jefferies Financial Group's annualized ROA % for the quarter that ended in Feb. 2026 was 0.93%.
The historical rank and industry rank for Jefferies Financial Group's ROA % or its related term are showing as below:
JEF'
s ROA % Range Over the Past 10 Years
Min: 0.28 Med: 1.12 Max: 3.07
Current: 1.26
During the past 13 years, Jefferies Financial Group's highest ROA % was 3.07%. The lowest was 0.28%. And the median was 1.12%.
JEF's ROA % is ranked worse than 55.64% of 816
companies
in the Capital Markets industry
Industry Median: 1.5
vs JEF: 1.26
Jefferies Financial Group (NYSE:JEF) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Capital Markets subindustry, Jefferies Financial Group's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's ROA % distribution charts can be found below:
* The bar in red indicates where Jefferies Financial Group's ROA % falls into.
* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Jefferies Financial Group (JEF) has a ROA % of 0.93% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Jefferies Financial Group and its competitors. This is 17% below median its historical median of 1.12. Over the past decade, Jefferies Financial Group's ROA % has ranged from 0.28 to 3.07. According to the industry distribution chart, Jefferies Financial Group ranks #454 out of 816 companies in the Capital Markets industry, placing it in the top 55.6%.
Is Jefferies Financial Group's ROA % too high?
Jefferies Financial Group's current ROA % of 0.93% is 17% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 3.07. The Capital Markets industry median ROA % is 1.50. Jefferies Financial Group's value of 0.93% is 38% below this industry median. Based on the distribution chart, Jefferies Financial Group ranks #454 out of 816 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 Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jefferies Financial Group's ROA % compare to SF and BMNR?
According to the Capital Markets industry distribution chart, Jefferies Financial Group ranks #454 out of 816 companies for ROA %. This places Jefferies Financial Group in the lower half of its industry. The industry median ROA % is 1.50. Jefferies Financial Group's value of 0.93% is 38% below this benchmark. Historically, Jefferies Financial Group's own ROA % has ranged from 0.28 to 3.07 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.50, Jefferies Financial Group has consistently been below 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 ROA % for a Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 816 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jefferies Financial Group's current ROA % of 0.93% is 38% below 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Jefferies Financial Group and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jefferies Financial Group's current ROA % is 0.93%, which is 17% below median its own 10-year median of 1.12. 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 ROA % is 0.93%, which is 17% below median its 10-year median of 1.12 and 38% below the Capital Markets industry median of 1.50. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Jefferies Financial Group (JEF), the current ROA % is 0.93% 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:
ROA %: 0.93% (17% below median its 10-year median of 1.12)
GF Value™: $57.93 vs. price of $52.64 (9.1% below fair value)
Industry Position: 38% below the Capital Markets median (#454 of 816)
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 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.
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