Lloyds Banking Group PLC
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
Follow LYG
Alert me
Lloyds Banking Group PLC (LYG) 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
Embed this chart
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 | Free account |
Against its own ten years
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
More on LYG
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement