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Side-by-side financial comparison of Jefferies Financial Group Inc. (JEF) and RXO, Inc. (RXO). 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 $1.5B, roughly 1.1× RXO, Inc.). Jefferies Financial Group Inc. runs the higher net margin — 12.6% vs -3.1%, a 15.8% gap on every dollar of revenue. Jefferies Financial Group Inc. produced more free cash flow last quarter ($1.9B vs $-9.0M).
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.
RXO, Inc. is a leading transportation and logistics solutions provider headquartered in the United States. Its core service portfolio includes freight brokerage, last-mile delivery for heavy and bulky goods, managed transportation services, and end-to-end supply chain optimization support, primarily catering to clients across the North American manufacturing, retail, and e-commerce segments.
JEF vs RXO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $1.5B |
| Net Profit | $211.3M | $-46.0M |
| Gross Margin | 95.7% | — |
| Operating Margin | 15.2% | -2.9% |
| Net Margin | 12.6% | -3.1% |
| Revenue YoY | — | -11.9% |
| Net Profit YoY | — | -84.0% |
| EPS (diluted) | $0.85 | $-0.28 |
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.
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $1.2B | $1.0B | ||
| Q2 24 | $1.0B | $930.0M | ||
| Q1 24 | $971.2M | $913.0M |
| Q4 25 | $211.3M | $-46.0M | ||
| Q3 25 | $242.5M | $-14.0M | ||
| Q2 25 | $91.4M | $-9.0M | ||
| Q1 25 | $136.8M | $-31.0M | ||
| Q4 24 | — | $-25.0M | ||
| Q3 24 | $181.0M | $-243.0M | ||
| Q2 24 | $154.7M | $-7.0M | ||
| Q1 24 | $156.4M | $-15.0M |
| Q4 25 | 95.7% | — | ||
| Q3 25 | 97.7% | — | ||
| Q2 25 | 96.5% | — | ||
| Q1 25 | 96.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 96.9% | — | ||
| Q2 24 | 96.4% | — | ||
| Q1 24 | 96.4% | — |
| Q4 25 | 15.2% | -2.9% | ||
| Q3 25 | 22.1% | -0.5% | ||
| Q2 25 | 11.0% | — | ||
| Q1 25 | 13.2% | -2.1% | ||
| Q4 24 | — | -1.4% | ||
| Q3 24 | 20.7% | -1.9% | ||
| Q2 24 | 22.0% | — | ||
| Q1 24 | 22.7% | -1.3% |
| Q4 25 | 12.6% | -3.1% | ||
| Q3 25 | 16.1% | -1.0% | ||
| Q2 25 | 7.4% | -0.6% | ||
| Q1 25 | 12.0% | -2.2% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | 14.8% | -23.4% | ||
| Q2 24 | 14.9% | -0.8% | ||
| Q1 24 | 16.1% | -1.6% |
| Q4 25 | $0.85 | $-0.28 | ||
| Q3 25 | $1.01 | $-0.08 | ||
| Q2 25 | $0.40 | $-0.05 | ||
| Q1 25 | $0.57 | $-0.18 | ||
| Q4 24 | — | $-0.17 | ||
| Q3 24 | $0.75 | $-1.81 | ||
| Q2 24 | $0.64 | $-0.06 | ||
| Q1 24 | $0.66 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.0B | $17.0M |
| Total DebtLower is stronger | $15.9B | $387.0M |
| Stockholders' EquityBook value | $10.6B | $1.5B |
| Total Assets | $76.0B | $3.3B |
| Debt / EquityLower = less leverage | 1.50× | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.0B | $17.0M | ||
| Q3 25 | $11.5B | $25.0M | ||
| Q2 25 | $11.3B | $18.0M | ||
| Q1 25 | $11.2B | $16.0M | ||
| Q4 24 | — | $35.0M | ||
| Q3 24 | $10.6B | $55.0M | ||
| Q2 24 | $10.8B | $7.0M | ||
| Q1 24 | $7.6B | $7.0M |
| Q4 25 | $15.9B | $387.0M | ||
| Q3 25 | $16.0B | $387.0M | ||
| Q2 25 | $15.4B | $387.0M | ||
| Q1 25 | $14.8B | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | $12.9B | $352.0M | ||
| Q2 24 | $12.7B | $370.0M | ||
| Q1 24 | $9.9B | $351.0M |
| Q4 25 | $10.6B | $1.5B | ||
| Q3 25 | $10.4B | $1.6B | ||
| Q2 25 | $10.3B | $1.6B | ||
| Q1 25 | $10.2B | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $10.0B | $1.7B | ||
| Q2 24 | $9.9B | $579.0M | ||
| Q1 24 | $9.8B | $582.0M |
| Q4 25 | $76.0B | $3.3B | ||
| Q3 25 | $69.3B | $3.2B | ||
| Q2 25 | $67.3B | $3.2B | ||
| Q1 25 | $70.2B | $3.3B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | $63.3B | $3.4B | ||
| Q2 24 | $63.0B | $1.8B | ||
| Q1 24 | $60.9B | $1.8B |
| Q4 25 | 1.50× | 0.25× | ||
| Q3 25 | 1.53× | 0.24× | ||
| Q2 25 | 1.49× | 0.24× | ||
| Q1 25 | 1.45× | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | 1.29× | 0.21× | ||
| Q2 24 | 1.28× | 0.64× | ||
| Q1 24 | 1.01× | 0.60× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.0B | $7.0M |
| Free Cash FlowOCF − Capex | $1.9B | $-9.0M |
| FCF MarginFCF / Revenue | 114.2% | -0.6% |
| Capex IntensityCapex / Revenue | 3.4% | 1.1% |
| Cash ConversionOCF / Net Profit | 9.30× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-1.7B | $-8.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $7.0M | ||
| Q3 25 | $184.2M | $23.0M | ||
| Q2 25 | $-978.3M | $23.0M | ||
| Q1 25 | $-2.7B | $-2.0M | ||
| Q4 24 | — | $-7.0M | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | — | $-5.0M | ||
| Q1 24 | $-1.3B | $7.0M |
| Q4 25 | $1.9B | $-9.0M | ||
| Q3 25 | $126.0M | $9.0M | ||
| Q2 25 | $-1.0B | $9.0M | ||
| Q1 25 | $-2.7B | $-17.0M | ||
| Q4 24 | — | $-19.0M | ||
| Q3 24 | — | $-18.0M | ||
| Q2 24 | — | $-16.0M | ||
| Q1 24 | $-1.4B | $-4.0M |
| Q4 25 | 114.2% | -0.6% | ||
| Q3 25 | 8.4% | 0.6% | ||
| Q2 25 | -83.3% | 0.6% | ||
| Q1 25 | -237.2% | -1.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | -1.7% | ||
| Q1 24 | -139.4% | -0.4% |
| Q4 25 | 3.4% | 1.1% | ||
| Q3 25 | 3.9% | 1.0% | ||
| Q2 25 | 3.6% | 1.0% | ||
| Q1 25 | 4.3% | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | 9.9% | 1.2% |
| Q4 25 | 9.30× | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | -10.70× | — | ||
| Q1 25 | -19.48× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -8.04× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JEF
| Investment Banking Underwriting | $555.6M | 33% |
| Principal Transactions Revenue | $378.3M | 23% |
| Commissions And Other Fees | $356.0M | 21% |
| Other | $177.8M | 11% |
| Internet Connection And Boadband Revenue | $57.0M | 3% |
| Other Sources Of Revenue Miscellaneous | $53.3M | 3% |
| Real Estate | $50.7M | 3% |
| Strategic Affiliates Revenue | $13.8M | 1% |
| Asset Management1 | $12.1M | 1% |
| Fixed Income Services | $1.6M | 0% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
