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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Jefferies Financial Group's selling, general, & admin. expense for the
three
months ended in May. 2026 was $296 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in May. 2026 was $1,108 Mil.
Jefferies Financial Group (NYSE:JEF) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Jefferies Financial Group Selling, General, & Admin. Expense Related Terms
Jefferies Financial Group Selling, General, & Admin. Expense Historical Data
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The historical data trend for Jefferies Financial Group's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart
JEF vs EVR, IREN, HUT: Selling, General, & Admin. Expense Comparison
For the Capital Markets subindustry, Jefferies Financial Group's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Jefferies Financial Group's Selling, General, & Admin. Expense falls into.
Jefferies Financial Group Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,108 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.
What does a Selling, General, & Admin. Expense of $1,108 Mil mean?
Jefferies Financial Group (JEF) has a Selling, General, & Admin. Expense of $1,108 Mil as of May. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Jefferies Financial Group and its competitors.
Is Jefferies Financial Group's Selling, General, & Admin. Expense too high?
Jefferies Financial Group's current Selling, General, & Admin. Expense is $1,108 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 Selling, General, & Admin. Expense compare to EVR and IREN?
Jefferies Financial Group's Selling, General, & Admin. Expense of $1,108 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 Selling, General, & Admin. Expense for a Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Jefferies Financial Group and its competitors. Jefferies Financial Group's current Selling, General, & Admin. Expense is $1,108 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 $62.79, compared to a current price of $57.23 — trading 8.9% below its estimated fair value. The current Selling, General, & Admin. Expense is $1,108 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Jefferies Financial Group (JEF), the current Selling, General, & Admin. Expense is $1,108 Mil 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 $57.23 is trading 8.9% below its estimated GF Value™ of $62.79.
GuruFocus considers Jefferies Financial Group to be Fairly Valued.
Key valuation signals for JEF:
Selling, General, & Admin. Expense: $1,108 Mil
GF Value™: $62.79 vs. price of $57.23 (8.9% below fair value)
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.
86GF Score
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