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Side-by-side financial comparison of AMDOCS LTD (DOX) and Jefferies Financial Group Inc. (JEF). Click either name above to swap in a different company.

Jefferies Financial Group Inc. is the larger business by last-quarter revenue ($1.7B vs $1.3B, roughly 1.3× AMDOCS LTD). Jefferies Financial Group Inc. runs the higher net margin — 12.6% vs 11.2%, a 1.4% gap on every dollar of revenue.

Amdocs Limited is a multinational telecommunications technology company headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Amdocs was founded in 1982 and is publicly traded on the Nasdaq stock exchange.

Jefferies Financial Group Inc. is an American financial services company based in New York City. It is listed on the New York Stock Exchange and is a part of the Fortune 1000.

DOX vs JEF — Head-to-Head

Bigger by revenue
JEF
JEF
1.3× larger
JEF
$1.7B
$1.3B
DOX
Higher net margin
JEF
JEF
1.4% more per $
JEF
12.6%
11.2%
DOX

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
DOX
DOX
JEF
JEF
Revenue
$1.3B
$1.7B
Net Profit
$140.3M
$211.3M
Gross Margin
95.7%
Operating Margin
14.1%
15.2%
Net Margin
11.2%
12.6%
Revenue YoY
1.1%
Net Profit YoY
-12.0%
EPS (diluted)
$1.21
$0.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOX
DOX
JEF
JEF
Q4 25
$1.7B
Q3 25
$1.5B
Q2 25
$1.2B
Q1 25
$1.1B
Q3 24
$1.2B
Q2 24
$1.3B
$1.0B
Q1 24
$1.2B
$971.2M
Q4 23
$1.2B
Net Profit
DOX
DOX
JEF
JEF
Q4 25
$211.3M
Q3 25
$242.5M
Q2 25
$91.4M
Q1 25
$136.8M
Q3 24
$181.0M
Q2 24
$140.3M
$154.7M
Q1 24
$118.5M
$156.4M
Q4 23
$148.0M
Gross Margin
DOX
DOX
JEF
JEF
Q4 25
95.7%
Q3 25
97.7%
Q2 25
96.5%
Q1 25
96.4%
Q3 24
96.9%
Q2 24
96.4%
Q1 24
96.4%
Q4 23
Operating Margin
DOX
DOX
JEF
JEF
Q4 25
15.2%
Q3 25
22.1%
Q2 25
11.0%
Q1 25
13.2%
Q3 24
20.7%
Q2 24
14.1%
22.0%
Q1 24
12.5%
22.7%
Q4 23
14.8%
Net Margin
DOX
DOX
JEF
JEF
Q4 25
12.6%
Q3 25
16.1%
Q2 25
7.4%
Q1 25
12.0%
Q3 24
14.8%
Q2 24
11.2%
14.9%
Q1 24
9.5%
16.1%
Q4 23
11.9%
EPS (diluted)
DOX
DOX
JEF
JEF
Q4 25
$0.85
Q3 25
$1.01
Q2 25
$0.40
Q1 25
$0.57
Q3 24
$0.75
Q2 24
$1.21
$0.64
Q1 24
$1.01
$0.66
Q4 23
$1.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOX
DOX
JEF
JEF
Cash + ST InvestmentsLiquidity on hand
$14.0B
Total DebtLower is stronger
$15.9B
Stockholders' EquityBook value
$10.6B
Total Assets
$76.0B
Debt / EquityLower = less leverage
1.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOX
DOX
JEF
JEF
Q4 25
$14.0B
Q3 25
$11.5B
Q2 25
$11.3B
Q1 25
$11.2B
Q3 24
$10.6B
Q2 24
$10.8B
Q1 24
$7.6B
Q4 23
Total Debt
DOX
DOX
JEF
JEF
Q4 25
$15.9B
Q3 25
$16.0B
Q2 25
$15.4B
Q1 25
$14.8B
Q3 24
$12.9B
Q2 24
$12.7B
Q1 24
$9.9B
Q4 23
Stockholders' Equity
DOX
DOX
JEF
JEF
Q4 25
$10.6B
Q3 25
$10.4B
Q2 25
$10.3B
Q1 25
$10.2B
Q3 24
$10.0B
Q2 24
$9.9B
Q1 24
$9.8B
Q4 23
Total Assets
DOX
DOX
JEF
JEF
Q4 25
$76.0B
Q3 25
$69.3B
Q2 25
$67.3B
Q1 25
$70.2B
Q3 24
$63.3B
Q2 24
$63.0B
Q1 24
$60.9B
Q4 23
Debt / Equity
DOX
DOX
JEF
JEF
Q4 25
1.50×
Q3 25
1.53×
Q2 25
1.49×
Q1 25
1.45×
Q3 24
1.29×
Q2 24
1.28×
Q1 24
1.01×
Q4 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOX
DOX
JEF
JEF
Operating Cash FlowLast quarter
$2.0B
Free Cash FlowOCF − Capex
$1.9B
FCF MarginFCF / Revenue
114.2%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
9.30×
TTM Free Cash FlowTrailing 4 quarters
$-1.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOX
DOX
JEF
JEF
Q4 25
$2.0B
Q3 25
$184.2M
Q2 25
$-978.3M
Q1 25
$-2.7B
Q3 24
Q2 24
Q1 24
$-1.3B
Q4 23
Free Cash Flow
DOX
DOX
JEF
JEF
Q4 25
$1.9B
Q3 25
$126.0M
Q2 25
$-1.0B
Q1 25
$-2.7B
Q3 24
Q2 24
Q1 24
$-1.4B
Q4 23
FCF Margin
DOX
DOX
JEF
JEF
Q4 25
114.2%
Q3 25
8.4%
Q2 25
-83.3%
Q1 25
-237.2%
Q3 24
Q2 24
Q1 24
-139.4%
Q4 23
Capex Intensity
DOX
DOX
JEF
JEF
Q4 25
3.4%
Q3 25
3.9%
Q2 25
3.6%
Q1 25
4.3%
Q3 24
Q2 24
Q1 24
9.9%
Q4 23
Cash Conversion
DOX
DOX
JEF
JEF
Q4 25
9.30×
Q3 25
0.76×
Q2 25
-10.70×
Q1 25
-19.48×
Q3 24
Q2 24
Q1 24
-8.04×
Q4 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOX
DOX

Segment breakdown not available.

JEF
JEF

Investment Banking Underwriting$555.6M33%
Principal Transactions Revenue$378.3M23%
Commissions And Other Fees$356.0M21%
Other$177.8M11%
Internet Connection And Boadband Revenue$57.0M3%
Other Sources Of Revenue Miscellaneous$53.3M3%
Real Estate$50.7M3%
Strategic Affiliates Revenue$13.8M1%
Asset Management1$12.1M1%
Fixed Income Services$1.6M0%

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