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Jefferies Financial Group Inc.（JEF）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
Jefferies Financial Group Inc.的季度营收约是RXO, Inc.的1.1倍（$1.7B vs $1.5B），Jefferies Financial Group Inc.净利率更高（12.6% vs -3.1%，领先15.8%），Jefferies Financial Group Inc.自由现金流更多（$1.9B vs $-9.0M）
杰富瑞金融集团是总部位于美国纽约的金融服务企业，在纽约证券交易所挂牌上市，同时位列财富1000强榜单，为全球客户提供专业的金融相关服务。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
JEF vs RXO — 直观对比
营收规模更大
JEF
是对方的1.1倍
$1.5B
净利率更高
JEF
高出15.8%
-3.1%
自由现金流更多
JEF
多$1.9B
$-9.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.5B |
| 净利润 | $211.3M | $-46.0M |
| 毛利率 | 95.7% | — |
| 营业利润率 | 15.2% | -2.9% |
| 净利率 | 12.6% | -3.1% |
| 营收同比 | — | -11.9% |
| 净利润同比 | — | -84.0% |
| 每股收益（稀释后） | $0.85 | $-0.28 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收JEFRXO
| 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 |
净利润JEFRXO
| 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 |
毛利率JEFRXO
| 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% | — |
营业利润率JEFRXO
| 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% |
净利率JEFRXO
| 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% |
每股收益（稀释后）JEFRXO
| 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 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $14.0B | $17.0M |
| 总债务越低越好 | $15.9B | $387.0M |
| 股东权益账面价值 | $10.6B | $1.5B |
| 总资产 | $76.0B | $3.3B |
| 负债/权益比越低杠杆越低 | 1.50× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资JEFRXO
| 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 |
总债务JEFRXO
| 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 |
股东权益JEFRXO
| 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 |
总资产JEFRXO
| 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 |
负债/权益比JEFRXO
| 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× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $2.0B | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $1.9B | $-9.0M |
| 自由现金流率自由现金流/营收 | 114.2% | -0.6% |
| 资本支出强度资本支出/营收 | 3.4% | 1.1% |
| 现金转化率经营现金流/净利润 | 9.30× | — |
| 过去12个月自由现金流最近4个季度 | $-1.7B | $-8.0M |
8季度趋势，按日历期对齐
经营现金流JEFRXO
| 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 |
自由现金流JEFRXO
| 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 |
自由现金流率JEFRXO
| 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% |
资本支出强度JEFRXO
| 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% |
现金转化率JEFRXO
| 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× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
