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Side-by-side financial comparison of Jefferies Financial Group Inc. (JEF) and Teradyne (TER). 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 $1.1B, roughly 1.5× Teradyne). Teradyne runs the higher net margin — 23.7% vs 12.6%, a 11.1% gap on every dollar of revenue. Jefferies Financial Group Inc. produced more free cash flow last quarter ($1.9B vs $218.8M).
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.
Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.
JEF vs TER — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $1.1B |
| Net Profit | $211.3M | $257.2M |
| Gross Margin | 95.7% | 57.2% |
| Operating Margin | 15.2% | 27.1% |
| Net Margin | 12.6% | 23.7% |
| Revenue YoY | — | 43.9% |
| Net Profit YoY | — | 75.9% |
| EPS (diluted) | $0.85 | $1.62 |
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 | $1.1B | ||
| Q3 25 | $1.5B | $769.2M | ||
| Q2 25 | $1.2B | $651.8M | ||
| Q1 25 | $1.1B | $685.7M | ||
| Q4 24 | — | $752.9M | ||
| Q3 24 | $1.2B | $737.3M | ||
| Q2 24 | $1.0B | $729.9M | ||
| Q1 24 | $971.2M | $599.8M |
| Q4 25 | $211.3M | $257.2M | ||
| Q3 25 | $242.5M | $119.6M | ||
| Q2 25 | $91.4M | $78.4M | ||
| Q1 25 | $136.8M | $98.9M | ||
| Q4 24 | — | $146.3M | ||
| Q3 24 | $181.0M | $145.6M | ||
| Q2 24 | $154.7M | $186.3M | ||
| Q1 24 | $156.4M | $64.2M |
| Q4 25 | 95.7% | 57.2% | ||
| Q3 25 | 97.7% | 58.4% | ||
| Q2 25 | 96.5% | 57.2% | ||
| Q1 25 | 96.4% | 60.6% | ||
| Q4 24 | — | 59.4% | ||
| Q3 24 | 96.9% | 59.2% | ||
| Q2 24 | 96.4% | 58.3% | ||
| Q1 24 | 96.4% | 56.6% |
| Q4 25 | 15.2% | 27.1% | ||
| Q3 25 | 22.1% | 18.9% | ||
| Q2 25 | 11.0% | 13.9% | ||
| Q1 25 | 13.2% | 17.6% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | 20.7% | 20.6% | ||
| Q2 24 | 22.0% | 28.8% | ||
| Q1 24 | 22.7% | 13.0% |
| Q4 25 | 12.6% | 23.7% | ||
| Q3 25 | 16.1% | 15.5% | ||
| Q2 25 | 7.4% | 12.0% | ||
| Q1 25 | 12.0% | 14.4% | ||
| Q4 24 | — | 19.4% | ||
| Q3 24 | 14.8% | 19.8% | ||
| Q2 24 | 14.9% | 25.5% | ||
| Q1 24 | 16.1% | 10.7% |
| Q4 25 | $0.85 | $1.62 | ||
| Q3 25 | $1.01 | $0.75 | ||
| Q2 25 | $0.40 | $0.49 | ||
| Q1 25 | $0.57 | $0.61 | ||
| Q4 24 | — | $0.89 | ||
| Q3 24 | $0.75 | $0.89 | ||
| Q2 24 | $0.64 | $1.14 | ||
| Q1 24 | $0.66 | $0.40 |
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 | $293.8M |
| Total DebtLower is stronger | $15.9B | — |
| Stockholders' EquityBook value | $10.6B | $2.8B |
| Total Assets | $76.0B | $4.2B |
| Debt / EquityLower = less leverage | 1.50× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.0B | $293.8M | ||
| Q3 25 | $11.5B | $272.7M | ||
| Q2 25 | $11.3B | $339.3M | ||
| Q1 25 | $11.2B | $475.6M | ||
| Q4 24 | — | $553.4M | ||
| Q3 24 | $10.6B | $510.0M | ||
| Q2 24 | $10.8B | $421.9M | ||
| Q1 24 | $7.6B | $707.4M |
| Q4 25 | $15.9B | — | ||
| Q3 25 | $16.0B | — | ||
| Q2 25 | $15.4B | — | ||
| Q1 25 | $14.8B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $12.9B | — | ||
| Q2 24 | $12.7B | — | ||
| Q1 24 | $9.9B | — |
| Q4 25 | $10.6B | $2.8B | ||
| Q3 25 | $10.4B | $2.7B | ||
| Q2 25 | $10.3B | $2.8B | ||
| Q1 25 | $10.2B | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | $10.0B | $2.9B | ||
| Q2 24 | $9.9B | $2.7B | ||
| Q1 24 | $9.8B | $2.6B |
| Q4 25 | $76.0B | $4.2B | ||
| Q3 25 | $69.3B | $4.0B | ||
| Q2 25 | $67.3B | $3.8B | ||
| Q1 25 | $70.2B | $3.7B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | $63.3B | $3.8B | ||
| Q2 24 | $63.0B | $3.6B | ||
| Q1 24 | $60.9B | $3.4B |
| Q4 25 | 1.50× | — | ||
| Q3 25 | 1.53× | — | ||
| Q2 25 | 1.49× | — | ||
| Q1 25 | 1.45× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.29× | — | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.01× | — |
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 | $281.6M |
| Free Cash FlowOCF − Capex | $1.9B | $218.8M |
| FCF MarginFCF / Revenue | 114.2% | 20.2% |
| Capex IntensityCapex / Revenue | 3.4% | 5.8% |
| Cash ConversionOCF / Net Profit | 9.30× | 1.09× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.7B | $450.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0B | $281.6M | ||
| Q3 25 | $184.2M | $49.0M | ||
| Q2 25 | $-978.3M | $182.1M | ||
| Q1 25 | $-2.7B | $161.6M | ||
| Q4 24 | — | $282.6M | ||
| Q3 24 | — | $166.3M | ||
| Q2 24 | — | $216.1M | ||
| Q1 24 | $-1.3B | $7.3M |
| Q4 25 | $1.9B | $218.8M | ||
| Q3 25 | $126.0M | $2.4M | ||
| Q2 25 | $-1.0B | $131.7M | ||
| Q1 25 | $-2.7B | $97.6M | ||
| Q4 24 | — | $225.2M | ||
| Q3 24 | — | $114.4M | ||
| Q2 24 | — | $171.2M | ||
| Q1 24 | $-1.4B | $-36.7M |
| Q4 25 | 114.2% | 20.2% | ||
| Q3 25 | 8.4% | 0.3% | ||
| Q2 25 | -83.3% | 20.2% | ||
| Q1 25 | -237.2% | 14.2% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 15.5% | ||
| Q2 24 | — | 23.5% | ||
| Q1 24 | -139.4% | -6.1% |
| Q4 25 | 3.4% | 5.8% | ||
| Q3 25 | 3.9% | 6.1% | ||
| Q2 25 | 3.6% | 7.7% | ||
| Q1 25 | 4.3% | 9.3% | ||
| Q4 24 | — | 7.6% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | 9.9% | 7.3% |
| Q4 25 | 9.30× | 1.09× | ||
| Q3 25 | 0.76× | 0.41× | ||
| Q2 25 | -10.70× | 2.32× | ||
| Q1 25 | -19.48× | 1.63× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.16× | ||
| Q1 24 | -8.04× | 0.11× |
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% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
