Jefferies Financial Group Inc. (JEF)

Jefferies Financial Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 28, 2026	Nov 30, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021
Net Income	-	682.05	716.02	262.39	781.71	1,677
Depreciation & Amortization	210.25	201.91	197.85	113.47	189.34	144.26
Stock-Based Compensation	103.26	88.23	63.12	45.36	43.92	78.16
Other Adjustments	749.38	648.75	227.47	228.22	-825.45	24.84
Changes in Restricted Cash and Segregated Assets	379.46	-2,261	-237.57	-1,373	3,047	-2,518
Changes in Securities Borrowed	737.89	-1,079	-23.6	-1,307	548.57	520.46
Changes in Trading Assets	-1,533	-3,447	-2,416	-2,844	-773.52	-1,315
Change in Receivables	-1,835	-2,738	-1,147	-1,020	1,216	-493.98
Changes in Securities Loaned	177.46	-2.46	702.65	431.42	-139.56	-282.4
Changes in Trading Liabilities	414.43	2,302	-234.75	-8.89	1,876	992.2
Changes in Accounts Payable	1,411	3,266	-48.89	1,054	-1,289	2,173
Changes in Accrued Expenses	377.18	315.19	925.01	-318.8	-715.43	527.91
Changes in Other Operating Activities	-3,158	-970.44	926.67	869.98	-350.72	53.19
Operating Cash Flow	-567.27	-1,495	-140.47	-1,934	1,805	1,582
Operating Cash Flow Growth	-	-	-	-	14.07%	-23.02%
Sale of Property, Plant & Equipment	-222.75	-207.47	-250.58	-1.16	-224.3	-165.61
Proceeds from Sale of Investments	-	-	-	-	3.59	3.27
Payments for Business Acquisitions	-	-	-	215.19	-	-
Proceeds from Business Divestments	-	-	610.84	-	333.15	-
Other Investing Activities	-550.95	-390.15	47.14	-284.13	-233.51	-247.53
Investing Cash Flow	-370.3	-298.81	210.31	-12.2	-60.54	-409.87
Short-Term Debt Issued	9,188	10,360	6,219	5,413	3,659	1,005
Short-Term Debt Repaid	-8,292	-9,037	-6,743	-5,011	-3,338	-1,556
Net Short-Term Debt Issued (Repaid)	895.65	1,323	-524.07	402.13	321.1	-551.09
Long-Term Debt Issued	7,077	6,043	5,952	2,210	1,199	2,488
Long-Term Debt Repaid	-5,110	-4,059	-2,428	-1,282	-824.89	-1,646
Net Long-Term Debt Issued (Repaid)	1,967	1,984	3,525	927.3	373.67	842.27
Repurchase of Common Stock	-176.5	-58.52	-44.31	-169.4	-859.59	-269.4
Net Common Stock Issued (Repurchased)	-176.5	-58.52	-44.31	-169.4	-859.59	-269.4
Issuance of Preferred Stock	-	-	9.84	31.5	-	-
Net Preferred Stock Issued (Repurchased)	-	-	9.84	31.5	-	-
Common Dividends Paid	-374.19	-374.13	-302.96	-278.6	-280.1	-222.8
Other Financing Activities	2,074	4,310	4,206	1,207	-5,242	1,195
Financing Cash Flow	2,193	3,592	3,520	1,060	-2,843	994.29
Effect of Exchange Rate Changes on Cash and Cash Equivalents	10.28	2.37	-2.25	54.91	-22.14	-3.39
Net Cash Flow	2,495	1,796	-13.22	-45.69	-1,121	2,163
Free Cash Flow	-567.27	-1,495	-140.47	-1,934	1,805	1,582
Free Cash Flow Growth	-	-	-	-	14.07%	-23.02%
FCF Margin	-7.30%	-20.36%	-2.00%	-41.14%	30.19%	19.74%
Free Cash Flow Per Share	-2.55	-6.71	-0.63	-8.17	7.06	5.83
Levered Free Cash Flow	2,538	2,262	3,461	-1,790	3,865	2,254
Unlevered Free Cash Flow	-274.88	-989.24	503.42	-3,120	3,175	1,973

Updated Mar 25, 2026. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q