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) Net margin

Alert me on Net margin

Lloyds Banking Group PLC's net margin over the twelve months to 31 March 2026 was 55.0%, up 43.6 percentage points from fiscal 2025 (11.4%). Over the past ten years it has ranged from 1.58% (fiscal 2015) to 52.9% (fiscal 2022); the current reading is higher than 73% of that period. That is above the Banks Regional industry median of 18.8% and above the Financial sector median of 14.3%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 11.4% 3.92
FY2024 7.44% (3.51)
FY2023 11.0% (41.92)
FY2022 52.9% 39.92
FY2021 13.0% 10.31
FY2020 2.64% (2.37)
FY2019 5.01% (10.44)
FY2018 15.5% 6.57
FY2017 8.88% 5.17
FY2016 3.71% 2.13

Quarterly newest first

Period Net margin Change (points)
Mar 2026 83.1% 15.60
Mar 2025 67.5% (12.19)
Mar 2024 79.7% 48.20
Sep 2023 31.5% 12.45
23 more quarters

Against its own ten years

Low 1.58% High 52.9%
Ten-year median 8.88%
Current reading's percentile 73

Net margin against peers

Company Net margin
LYG Lloyds Banking Group PLC 55.0%
PNC The PNC Financial Services Group, Inc compare 20.8%
NWG NatWest Group plc compare 19.3%
NU Nu Holdings Ltd. compare 18.7%
USB U.S. Bancorp compare 18.4%
IBN ICICI Bank Limited compare 17.9%
TFC Truist Financial Corporation compare 16.9%
FITB Fifth Third Bancorp compare 15.0%
DB Deutsche Bank Aktiengesellschaft compare 9.99%
Banks Regional industry median 18.8%
Financial sector median 14.3%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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