Lloyds Banking Group PLC (LYG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 21, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Feb 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LYG SEC filings page.
Lloyds Banking Group PLC (LYG) reported $26.1B in revenue for fiscal year 2025, up 15.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 4 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Lloyds Banking Group PLC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Lloyds Banking Group PLC earned a return on assets of 0.5% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is unchanged from the prior year. Earnings ranks banks on that return over three years, and Lloyds Banking Group PLC scores 26/100 among other banks.
Lloyds Banking Group PLC reported revenue of $26.1B in fiscal year 2025, against $22.5B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and Lloyds Banking Group PLC scores 35/100 among other banks.
Lloyds Banking Group PLC funded 5.0% of its assets with shareholders' equity at the end of fiscal year 2025, holding $64.1B of equity against $1.3T of assets. Capital ranks banks on that cushion, and Lloyds Banking Group PLC scores 3/100 among other banks.
Not available for Lloyds Banking Group PLC, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Not available for Lloyds Banking Group PLC, so it is left out of the overall score, which averages the 4 of 6 dimensions that can be computed.
Lloyds Banking Group PLC reported net income of $6.3B in fiscal year 2025, against $5.5B in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and Lloyds Banking Group PLC scores 65/100 among other banks.
Lloyds Banking Group PLC passes 5 of 5 computable financial strength tests (4 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), the one computable operating efficiency signal (asset turnover improving) passes.
Key Financial Metrics
Earnings & Revenue
Lloyds Banking Group PLC generated $26.1B in revenue in fiscal year 2025. This represents an increase of 15.9% from the prior year.
Lloyds Banking Group PLC reported $6.3B in net income in fiscal year 2025. This represents an increase of 13.2% from the prior year.
Lloyds Banking Group PLC earned $0.09 per diluted share (EPS) in fiscal year 2025. This represents an increase of 19.6% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Lloyds Banking Group PLC generated $847.2M in free cash flow in fiscal year 2025, representing cash available after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Lloyds Banking Group PLC held $81.5B in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
Lloyds Banking Group PLC's net profit margin was 24.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.6 percentage points from the prior year.
Lloyds Banking Group PLC's ROE was 9.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Lloyds Banking Group PLC invested $6.8B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 24.8% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
LYG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.1B+15.9% | $22.5B-5.0% | $23.7B | N/A | $52.6B+32.0% | $39.8B-29.1% | $56.2B+99.3% | $28.2B-39.1% | $46.3B-5.2% | $48.9B+43.2% | $34.1B |
| Interest Expense | $23.6B-1.0% | $23.8B+26.6% | $18.8B+229.6% | $5.7B+77.1% | $3.2B-33.7% | $4.9B-45.2% | $8.9B+135.2% | $3.8B-45.3% | $6.9B-24.0% | $9.1B-2.4% | $9.3B |
| Income Tax | $2.6B+36.9% | $1.9B-26.0% | $2.5B+143.8% | $1.0B-24.4% | $1.4Bn/m | -$220.0M-112.0% | $1.8B-0.8% | $1.9B-15.6% | $2.2B+3.4% | $2.1Bn/m | -$1.0B |
| Net Income | $6.3B+13.2% | $5.5B-20.4% | $7.0B+50.5% | $4.6B-40.8% | $7.8B+333.6% | $1.8B-53.6% | $3.9B-31.0% | $5.6B+6.4% | $5.3B+107.8% | $2.5B+100.7% | $1.3B |
| EPS (Basic) | $0.09+19.3% | $0.08-18.5% | $0.10+63.5% | $0.06-41.6% | $0.10+517.7% | $0.02-64.7% | $0.05-33.9% | $0.07+5.9% | $0.07+124.0% | $0.03+150.8% | $0.01 |
| EPS (Diluted) | $0.09+19.6% | $0.08-18.8% | $0.10+61.5% | $0.06-41.6% | $0.10+517.7% | $0.02-63.6% | $0.05-35.8% | $0.07+8.2% | $0.06+119.3% | $0.03+150.8% | $0.01 |
| Diluted Shares (Avg) | 60.51B-4.1% | 63.07B-4.1% | 65.76B-5.6% | 69.68B-2.9% | 71.78B+0.7% | 71.26B0.0% | 71.28B-1.4% | 72.28B-0.2% | 72.39B+0.5% | 72.02B-0.4% | 72.34B |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
LYG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3T+11.8% | $1.1T+1.1% | $1.1T+6.5% | $1.1T-11.3% | $1.2T-0.1% | $1.2T+7.6% | $1.1T+8.7% | $1.0T-7.2% | $1.1T+8.8% | $1.0T | N/A |
| Cash & Equivalents | $81.5B-8.1% | $88.7B-21.7% | $113.2B-2.2% | $115.7B+8.3% | $106.9B+0.1% | $106.8B+35.2% | $79.0B+12.0% | $70.5B-11.3% | $79.4B+3.2% | $77.0B-27.5% | $106.1B |
| Goodwill | $11.6B+12.7% | $10.3B-3.1% | $10.6B+230.1% | $3.2B+2.4% | $3.1B-1.2% | $3.2B+2.8% | $3.1B+4.6% | $2.9B-5.7% | $3.1B+25.7% | $2.5B-16.3% | $3.0B |
| Total Liabilities | $1.2T+11.8% | $1.1T+1.4% | $1.1T+6.1% | $1.0T-10.6% | $1.1T-0.2% | $1.1T+7.6% | $1.0T+9.3% | $953.9B-7.6% | $1.0T+8.8% | $949.1B | N/A |
| Total Equity | $64.1B+12.0% | $57.2B-4.8% | $60.1B+14.0% | $52.7B-23.4% | $68.8B+2.4% | $67.2B+6.4% | $63.2B-0.9% | $63.7B-3.7% | $66.2B+11.7% | $59.2B-14.5% | $69.3B |
| Retained Earnings | $8.5B+14.3% | $7.4B-14.4% | $8.7B+9.4% | $7.9B-29.6% | $11.2B+79.3% | $6.3B+45.4% | $4.3B-37.4% | $6.9B+3.6% | $6.6B+65.5% | $4.0B | N/A |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
LYG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.7Bn/m | -$5.5B-163.4% | $8.7B-67.4% | $26.6B+191.4% | $9.1B-76.3% | $38.5B+157.0% | $15.0Bn/m | -$14.2Bn/m | -$4.3B-268.9% | $2.6B-89.4% | $24.1B |
| Capital Expenditures | $6.8B+24.8% | $5.5B+8.3% | $5.0B+71.9% | $2.9B-32.6% | $4.4B+10.0% | $4.0B-13.2% | $4.6B+1.8% | $4.5B-9.3% | $4.9B+6.6% | $4.6B-7.9% | $5.0B |
| Free Cash Flow | $847.2Mn/m | -$11.0B-402.0% | $3.6B-84.6% | $23.6B+396.2% | $4.8B-86.2% | $34.5B+231.7% | $10.4Bn/m | -$18.7Bn/m | -$9.3Bn/m | -$2.1B-110.9% | $19.1B |
| Investing Cash Flow | -$13.7Bn/m | -$9.6Bn/m | -$12.5B-2131.9% | $615.9Mn/m | -$3.4Bn/m | -$5.5Bn/m | -$2.8B-118.6% | $15.2B+65.2% | $9.2Bn/m | -$846.3Mn/m | -$4.9B |
| Financing Cash Flow | -$7.2Bn/m | -$7.4Bn/m | -$4.5Bn/m | -$8.0Bn/m | -$4.4Bn/m | -$7.3Bn/m | -$8.7Bn/m | -$5.5Bn/m | -$6.8Bn/m | -$13.5Bn/m | -$9.2B |
| Dividends Paid | $2.7B+17.5% | $2.3B+8.8% | $2.1B+18.1% | $1.8B+50.5% | $1.2Bn/m | $0-100.0% | $3.1B+7.3% | $2.9B-7.5% | $3.1B+24.4% | $2.5B+57.5% | $1.6B |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Share Buybacks.
LYG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F | FY2420-F | FY2320-F | FY2220-F | FY2120-F | FY2020-F | FY1920-F | FY1820-F | FY1720-F | FY1620-F | FY1520-F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 24.0%-0.6pp | 24.6%-4.8pp | 29.3% | N/A | 14.8%+10.3pp | 4.5%-2.4pp | 6.9%-13.0pp | 20.0%+8.5pp | 11.4%+6.2pp | 5.2%+1.5pp | 3.7% |
| Return on Equity | 9.8%+0.1pp | 9.7%-1.9pp | 11.6%+2.8pp | 8.8%-2.6pp | 11.3%+8.7pp | 2.7%-3.5pp | 6.1%-2.7pp | 8.8%+0.8pp | 8.0%+3.7pp | 4.3%+2.5pp | 1.8% |
| Return on Assets | 0.5%0.0pp | 0.5%-0.1pp | 0.6%+0.2pp | 0.4%-0.2pp | 0.7%+0.5pp | 0.1%-0.2pp | 0.4%-0.2pp | 0.5%+0.1pp | 0.5%+0.2pp | 0.3% | N/A |
| Liabilities-to-Equity | 18.800.0x | 18.83+1.1x | 17.68-1.3x | 19.00+2.7x | 16.28-0.4x | 16.71+0.2x | 16.51+1.5x | 14.97-0.6x | 15.61-0.4x | 16.02 | N/A |
| Asset Turnover | 0.020.0x | 0.020.0x | 0.020.0x | -0.01-0.1x | 0.040.0x | 0.030.0x | 0.050.0x | 0.030.0x | 0.040.0x | 0.05 | N/A |
| FCF Margin | 3.2%+51.9pp | -48.6%-63.9pp | 15.3% | N/A | 9.1%-77.5pp | 86.6%+68.1pp | 18.5%+84.7pp | -66.2%-46.2pp | -20.0%-15.8pp | -4.3%-60.2pp | 56.0% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, Debt-to-Equity.
Where Lloyds Banking Group PLC Ranks
Frequently Asked Questions
What is Lloyds Banking Group PLC's annual revenue?
Lloyds Banking Group PLC (LYG) reported $26.1B in total revenue for fiscal year 2025. This represents a 15.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lloyds Banking Group PLC's revenue growing?
Lloyds Banking Group PLC (LYG) revenue grew by 15.9% year-over-year, from $22.5B to $26.1B in fiscal year 2025.
Is Lloyds Banking Group PLC profitable?
Yes, Lloyds Banking Group PLC (LYG) reported a net income of $6.3B in fiscal year 2025, with a net profit margin of 24.0%.
What is Lloyds Banking Group PLC's net profit margin?
Lloyds Banking Group PLC (LYG) had a net profit margin of 24.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Lloyds Banking Group PLC's return on equity (ROE)?
Lloyds Banking Group PLC (LYG) has a return on equity of 9.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lloyds Banking Group PLC's free cash flow?
Lloyds Banking Group PLC (LYG) generated $847.2M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lloyds Banking Group PLC's operating cash flow?
Lloyds Banking Group PLC (LYG) generated $7.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Lloyds Banking Group PLC's total assets?
Lloyds Banking Group PLC (LYG) had $1.3T in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lloyds Banking Group PLC's capital expenditures?
Lloyds Banking Group PLC (LYG) invested $6.8B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Lloyds Banking Group PLC's liabilities-to-equity ratio?
Lloyds Banking Group PLC (LYG) had a liabilities-to-equity ratio of 18.80 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is Lloyds Banking Group PLC's return on assets (ROA)?
Lloyds Banking Group PLC (LYG) had a return on assets of 0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lloyds Banking Group PLC's P/E ratio?
Lloyds Banking Group PLC (LYG) trades at 12.6x earnings, its market capitalization divided by $6.3B net income, FY2025. The market capitalization is $78.7B as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Lloyds Banking Group PLC's price-to-sales ratio?
Lloyds Banking Group PLC (LYG) trades at 3.0x sales, its market capitalization divided by $26.1B revenue, FY2025. The market capitalization is $78.7B as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Lloyds Banking Group PLC's Piotroski F-Score?
Lloyds Banking Group PLC (LYG) has a Piotroski F-Score of 5 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
How financially healthy is Lloyds Banking Group PLC?
Lloyds Banking Group PLC (LYG) scores 32 out of 100 on our Financial Health Score, indicating weak standing within its banks peer group. The score is the average of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For Lloyds Banking Group PLC it averages the 4 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.