JEF vs. RJF: Jefferies vs. Raymond James Financial Stock Comparison
How do Jefferies (JEF) and Raymond James Financial (RJF) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Jefferies (JEF) and Raymond James Financial (RJF) are both classified in the Investment Banking & Brokerage sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.
| Profile Item | JEF | RJF |
|---|---|---|
| Name | Jefferies Financial Group Inc. | Raymond James Financial, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Investment Banking & Brokerage | Investment Banking & Brokerage |
| Market Capitalization | 10.88 billion USD | 31.28 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | July 1, 1983 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | JEF | RJF |
|---|---|---|
| Total Return (1Y) | -6.26% | 3.99% |
| Total Return (3Y, Annualized) | 17.02% | 20.73% |
| Total Return (5Y, Annualized) | 7.20% | 12.47% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | JEF | RJF |
|---|---|---|
| Volatility (1Y, Annualized) | 41.25% | 25.94% |
| Beta (5Y) | 1.49 | 0.91 |
| Max Drawdown (5Y) | -54.39% | -32.11% |
| Avg. Volume (3M) | 2.20M | 1.20M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | JEF | RJF |
|---|---|---|
| Sharpe Ratio (1Y) | -0.26 | -0.01 |
| Sortino Ratio (1Y) | -0.33 | -0.02 |
Profitability
ROE (TTM)
Both Jefferies (JEF) at 8.59% and Raymond James Financial (RJF) at 18.73% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
JEF
Financial Services industry group
8.59%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- JEF
- 8.59%
- Q1
- 4.48%
- Min
- -18.71%
RJF
Financial Services industry group
18.73%
- Max
- 44.78%
- Q3
- 21.85%
- RJF
- 18.73%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both Jefferies (JEF) at 11.00% and Raymond James Financial (RJF) at 14.97% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
JEF
Financial Services industry group
11.00%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- JEF
- 11.00%
- Q1
- 4.82%
- Min
- -28.52%
RJF
Financial Services industry group
14.97%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- RJF
- 14.97%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Jefferies (JEF) at 15.80% and Raymond James Financial (RJF) at 20.88% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
JEF
Financial Services industry group
15.80%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- JEF
- 15.80%
- Q1
- 14.60%
- Min
- -44.34%
RJF
Financial Services industry group
20.88%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- RJF
- 20.88%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | JEF | RJF |
|---|---|---|
| ROE (TTM) | 8.59% | 18.73% |
| ROA (TTM) | 1.21% | -- |
| Net Margin (TTM) | 11.00% | 14.97% |
| Operating Margin (TTM) | 15.80% | 20.88% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Only one side can be read here: Jefferies (JEF) reports revenue growth of 2.93%, ranked against its industry; Raymond James Financial (RJF) has no revenue growth figure this period.
EPS Growth
Both Jefferies (JEF) at -5.35% and Raymond James Financial (RJF) at 15.63% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | JEF | RJF |
|---|---|---|
| Revenue Growth (YoY) | 2.93% | -- |
| Revenue Growth (3Y CAGR) | 14.83% | -- |
| EPS Growth (YoY) | -5.35% | 15.63% |
| EPS Growth (3Y CAGR) | -2.57% | 14.33% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Jefferies (JEF) in Financial Services and Raymond James Financial (RJF) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Jefferies (JEF) in Financial Services and Raymond James Financial (RJF) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | JEF | RJF |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Raymond James Financial (RJF) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Jefferies (JEF) reports a yield of 3.29%, ranking against industry peers normally.
JEF
Financial Services industry group
3.29%
- Max
- 9.77%
- Q3
- 3.92%
- JEF
- 3.29%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
RJF
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- RJF
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Jefferies (JEF) at 42.67% and Raymond James Financial (RJF) at 18.48% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
JEF
Financial Services industry group
42.67%
- Max
- 241.07%
- Q3
- 97.36%
- JEF
- 42.67%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
RJF
Financial Services industry group
18.48%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- RJF
- 18.48%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | JEF | RJF |
|---|---|---|
| Dividend Yield (TTM) | 3.29% | 0.00% |
| Dividend Payout Ratio (TTM) | 42.67% | 18.48% |
Valuation
P/E Ratio (TTM)
Both Jefferies (JEF) at 12.63 and Raymond James Financial (RJF) at 13.67 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
JEF
Financial Services industry group
12.63
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- JEF
- 12.63
- Q1
- 9.68
- Min
- 0.16
RJF
Financial Services industry group
13.67
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- RJF
- 13.67
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
On P/S ratio, both Jefferies (JEF) at 1.28 and Raymond James Financial (RJF) at 1.98 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
JEF
Financial Services industry group
1.28
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- JEF
- 1.28
- Q1
- 1.28
- Min
- -0.55
RJF
Financial Services industry group
1.98
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- RJF
- 1.98
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
On P/B ratio, both Jefferies (JEF) at 1.02 and Raymond James Financial (RJF) at 2.46 are valued close to their industries’ norm against book — neither stands out from peers.
JEF
Financial Services industry group
1.02
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- JEF
- 1.02
- Q1
- 0.81
- Min
- -0.39
RJF
Financial Services industry group
2.46
- Max
- 7.79
- Q3
- 3.63
- RJF
- 2.46
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | JEF | RJF |
|---|---|---|
| P/E Ratio (TTM) | 12.63 | 13.67 |
| P/S Ratio (TTM) | 1.28 | 1.98 |
| P/B Ratio (MRQ) | 1.02 | 2.46 |
| Free Cash Flow Yield (TTM) | -- | -- |