JEF (Jefferies Financial Group) Total Operating Expense: $1,781 Mil (TTM As of Feb. 2026)


JEF Jefferies Financial Group Inc JEF
86 GF Score
Price $52.62
GF Value $57.46
Valuation Fairly Valued
! 4 Warning Signs
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What is Jefferies Financial Group Total Operating Expense?

Jefferies Financial Group JEF +2.57% 86 Total Operating Expense is $1,781 Mil as of Feb. 2026. GuruFocus rates JEF with a GF Score™ of 86/100 and a GF Value™ of $57.46 (Fairly Valued). The stock has 4 warning signs investors should review.

Jefferies Financial Group's Total Operating Expense for the three months ended in Feb. 2026 was $434 Mil. Jefferies Financial Group's Total Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 was $1,781 Mil.

Jefferies Financial Group Total Operating Expense Related Terms

Jefferies Financial Group Total Operating Expense Historical Data

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The historical data trend for Jefferies Financial Group's Total Operating 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 Total Operating Expense Chart

Jefferies Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,094.91 1,158.46 1,200.35 1,503.75 1,652.22

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
Total Operating Expense 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 401.53 415.97 471.47 434.33 459.36
JEF
86GF Score
Jefferies Financial Group Inc JEF
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Jefferies Financial Group Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 $1,781 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 Total Operating Expense of $1,781 Mil mean?
Jefferies Financial Group (JEF) has a Total Operating Expense of $1,781 Mil as of Feb. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Jefferies Financial Group and its competitors.
Is Jefferies Financial Group's Total Operating Expense too high?
Jefferies Financial Group's current Total Operating Expense is $1,781 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 Total Operating Expense compare to HLI and SF?
Jefferies Financial Group's Total Operating Expense of $1,781 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 Total Operating Expense for a Capital Markets company?
A good Total Operating Expense depends on the Capital Markets industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Jefferies Financial Group and its competitors. Jefferies Financial Group's current Total Operating Expense is $1,781 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 $57.46, compared to a current price of $52.62 — trading 8.4% below its estimated fair value. The current Total Operating Expense is $1,781 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Jefferies Financial Group (JEF), the current Total Operating Expense is $1,781 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 $52.62 is trading 8.4% below its estimated GF Value™ of $57.46. GuruFocus considers Jefferies Financial Group to be Fairly Valued.

Key valuation signals for JEF:

  • Total Operating Expense: $1,781 Mil
  • GF Value™: $57.46 vs. price of $52.62 (8.4% 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

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$52.62
Price
$57.46
GF Value