Lloyds Banking Group (Lloyds Banking Group) Net Margin %

: 23.09% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Lloyds Banking Group's Net Income for the three months ended in Dec. 2023 was $1,553 Mil. Lloyds Banking Group's Revenue for the three months ended in Dec. 2023 was $6,725 Mil. Therefore, Lloyds Banking Group's net margin for the quarter that ended in Dec. 2023 was 23.09%.

The historical rank and industry rank for Lloyds Banking Group's Net Margin % or its related term are showing as below:

LYG' s Net Margin % Range Over the Past 10 Years
Min: 4.96 Med: 18.57 Max: 35.43
Current: 28.42

LYG's Net Margin % is ranked better than
59.23% of 1462 companies
in the Banks industry
Industry Median: 25.54 vs LYG: 28.42

Lloyds Banking Group Net Margin % Historical Data

The historical data trend for Lloyds Banking Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lloyds Banking Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

16.15

8.71

35.43

23.86

28.42

Lloyds Banking Group Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																20.83	33.80	25.10	32.65	23.09

Competitive Comparison

For the Banks - Regional subindustry, Lloyds Banking Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lloyds Banking Group Net Margin % Distribution

For the Banks industry and Financial Services sector, Lloyds Banking Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lloyds Banking Group's Net Margin % falls into.

Lloyds Banking Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Lloyds Banking Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	6911.392	/	24322.785
	=	28.42 %

Lloyds Banking Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1553.165	/	6725.316
	=	23.09 %

Lloyds Banking Group (NYSE:LYG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Lloyds Banking Group Net Margin % Related Terms

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Lloyds Banking Group (Lloyds Banking Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lloyds Banking Group PLC (NYSE:LYG) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

LLDTF:USA LLOYl:UK LLPE.PFD:UK LLPD.PFD:UK LLPC.PFD:UK LLOY:UK LLD:Germany LLD:Germany LLD:Germany LLD:Germany L1YG34:Brazil LYG:Argentina

Address

25 Gresham Street, London, GBR, EC2V 7HN

Website

https://www.lloydsbankinggroup.com

Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large corporates and financial institutions in the U.K. Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.