Lloyds Banking Group PLC

LYG Financial Banks Regional

Lloyds Banking Group PLC’s revenue for fiscal 2025 (year ended December 2025) was $48.7 billion, down 27.7% from fiscal 2024.

Revenue
−67.6%
EPS
+66.2%
Free cash flow
+62.3%
Total debt
+28.6%

Quarter to June 2026, against a year earlier

5.19 0.08 −1.52%
Market cap
$74.1B
P/E
12.0×
Fwd P/E
—
Dividend yield
4.13%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Lloyds Banking Group PLC (LYG) Gross margin

Alert me on Gross margin

Lloyds Banking Group PLC's gross margin over the twelve months to 31 March 2026 was 66.3%, up 13.7 percentage points from fiscal 2025 (52.6%). Over the past ten years it has ranged from 52.6% (fiscal 2025) to 90.6% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Banks Regional industry median of 69.8% and below the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 52.6% (11.37)
FY2024 64.0% (3.31)
FY2023 67.3% 6.10
FY2022 61.2% (29.42)
FY2021 90.6% 1.45
FY2020 89.1% 2.75
FY2019 86.4% (1.83)
FY2018 88.2% 1.16
FY2017 87.1% 2.69
FY2016 84.4% 5.74

Quarterly newest first

Period Gross margin Change (points)
Mar 2026 100.0% 0.00
Mar 2025 100.0% 0.00
Mar 2024 100.0% 100.00
Sep 2023 0.00% 0.00
23 more quarters

Against its own ten years

Low 52.6% High 90.6%
Ten-year median 84.4%
Current reading's percentile 9

Gross margin against peers

Company Gross margin
FITB Fifth Third Bancorp compare 72.9%
IBN ICICI Bank Limited compare 71.9%
NU Nu Holdings Ltd. compare 71.7%
PNC The PNC Financial Services Group, Inc compare 70.9%
USB U.S. Bancorp compare 68.7%
TFC Truist Financial Corporation compare 67.4%
LYG Lloyds Banking Group PLC 66.3%
NWG NatWest Group plc compare 57.4%
DB Deutsche Bank Aktiengesellschaft compare 53.6%
Banks Regional industry median 69.8%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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