Jefferies Financial Group Cash Flow Statement

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Net Income	710.48	743.38	277.69	785.45	1,674
Depreciation & Amortization, Total	201.91	197.85	113.47	189.34	144.26
Stock-Based Compensation	88.23	63.12	45.36	43.92	78.16
Change in Accounts Receivable	-2,738	-1,147	-1,020	1,216	-493.98
Change in Accounts Payable	4,409	64.53	1,137	-2,171	2,383
Change in Other Net Operating Assets	-4,787	-262.06	-2,700	2,570	-2,232
Other Operating Activities	573.99	233.19	-104.62	-675.44	10.91
Operating Cash Flow	-1,500	-209.26	-1,934	1,805	1,582
Capital Expenditures	-207.47	-250.58	-1.16	-224.3	-165.61
Cash Acquisitions	-	-	215.19	-	-
Investment in Securities	-118.18	-143.67	-135	-61.48	-25.99
Other Investing Activities	-	-	-	8.64	-1.17
Investing Cash Flow	-298.81	210.31	-12.2	-60.54	-409.87
Short-Term Debt Issued	10,360	6,219	5,465	3,659	1,013
Long-Term Debt Issued	6,746	6,830	2,299	1,199	3,686
Total Debt Issued	17,106	13,049	7,764	4,858	4,699
Short-Term Debt Repaid	-9,040	-6,767	-5,011	-3,353	-1,556
Long-Term Debt Repaid	-4,059	-2,428	-1,282	-3,274	-1,646
Total Debt Repaid	-13,099	-9,195	-6,293	-6,626	-3,202
Net Debt Issued (Repaid)	4,007	3,855	1,471	-1,769	1,497
Repurchase of Common Stock	-58.52	-44.31	-169.4	-859.59	-269.4
Dividends Paid	-374.13	-302.96	-278.6	-280.1	-222.8
Other Financing Activities	17.35	-167.9	6.06	65	-10.13
Financing Cash Flow	3,592	3,349	1,060	-2,843	994.29
Foreign Exchange Rate Adjustments	2.37	-2.25	54.91	-22.14	-3.39
Net Cash Flow	1,796	3,335	-876.49	-1,121	2,163
Free Cash Flow	-1,707	-459.84	-1,935	1,581	1,417
Free Cash Flow Growth	-	-	-	11.57%	-24.58%
Free Cash Flow Margin	-23.24%	-6.56%	-41.16%	26.44%	17.68%
Free Cash Flow Per Share	-7.66	-2.06	-8.18	6.18	5.22
Cash Interest Paid	3,478	3,441	2,348	1,164	936.27
Cash Income Tax Paid	291.97	257.5	159.36	214.07	727.13

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.