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Friday 6 November 2026 Export LYG’s income statement to Excel — free account

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

5.11 0.07 −1.35%
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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Lloyds Banking Group PLC (LYG) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Lloyds Banking Group PLC (LYG) trades at a P/E ratio of 12.0×. Over the past ten years it has ranged from 4.8× (October 2023) to 120× (May 2016); the current reading is higher than 38% of that period. That is in line with the Banks Regional industry median of 12.0× and in line with the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 13.9× 94.85%
FY2024 7.1× 17.89%
FY2023 6.0× 0.95%
FY2022 6.0× (28.34%)
FY2021 8.4× (69.89%)
FY2020 27.8× 42.25%
FY2019 19.5× (40.23%)
FY2018 32.7× (22.25%)
FY2017 42.0× (52.13%)
FY2016 87.7× 94.59%

Quarterly newest first

Period P/E ratio Change
Mar 2026 11.6× 15.94%
Mar 2025 10.0× 48.64%
Mar 2024 6.7× 29.24%
Sep 2023 5.2× (13.16%)
23 more quarters

Against its own ten years

Low 4.8× High 120×
Ten-year median 14.4×
Current reading's percentile 42

P/E ratio against peers

Company P/E ratio
NWG NatWest Group plc compare 8.3×
DB Deutsche Bank Aktiengesellschaft compare 10.1×
USB U.S. Bancorp compare 11.7×
LYG Lloyds Banking Group PLC 12.0×
PNC The PNC Financial Services Group, Inc compare 12.1×
TFC Truist Financial Corporation compare 12.7×
NU Nu Holdings Ltd. compare 16.0×
FITB Fifth Third Bancorp compare 18.1×
IBN ICICI Bank Limited compare 18.9×
Banks Regional industry median 12.0×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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