Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Legal & General GroupLGGNF +4.42%42 Debt-to-Equity is 2.15 as of Dec. 2025, which is 183% above its 10-year median of 0.76. GuruFocus rates LGGNF with a GF Score™ of 42/100. The stock has 6 warning signs investors should review. Among 961 Asset Management companies, Legal & General Group ranks worse than 94.28% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Legal & General Group's Debt-to-Equity or its related term are showing as below:
LGGNF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.76 Max: 2.17
Current: 2.15
During the past 13 years, the highest Debt-to-Equity Ratio of Legal & General Group was 2.17. The lowest was 0.50. And the median was 0.76.
LGGNF's Debt-to-Equity is ranked worse than 94.28% of 961
companies
in the Asset Management industry
Industry Median: 0.21
vs LGGNF: 2.15
Legal & General Group (OTCPK:LGGNF) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Legal & General Group Debt-to-Equity Related Terms
Legal & General Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Legal & General Group's Debt-to-Equity 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.
For the Asset Management subindustry, Legal & General Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Legal & General Group Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Legal & General Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Legal & General Group's Debt-to-Equity falls into.
* 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.
Legal & General Group (LGGNF) has a Debt-to-Equity of 2.15 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Legal & General Group and its competitors. This is 183% above median its historical median of 0.76. Over the past decade, Legal & General Group's Debt-to-Equity has ranged from 0.50 to 2.17. According to the industry distribution chart, Legal & General Group ranks #906 out of 961 companies in the Asset Management industry, placing it in the top 94.3%.
Is Legal & General Group's Debt-to-Equity too high?
Legal & General Group's current Debt-to-Equity of 2.15 is 183% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 2.17. The Asset Management industry median Debt-to-Equity is 0.21. Legal & General Group's value of 2.15 is 923.8% above this industry median. Based on the distribution chart, Legal & General Group ranks #906 out of 961 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Legal & General Group has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Legal & General Group's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Legal & General Group ranks #906 out of 961 companies for Debt-to-Equity. This places Legal & General Group in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Legal & General Group's value of 2.15 is 923.8% above this benchmark. Historically, Legal & General Group's own Debt-to-Equity has ranged from 0.50 to 2.17 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.21, Legal & General Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 961 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Legal & General Group's current Debt-to-Equity of 2.15 is 923.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Legal & General Group and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legal & General Group's current Debt-to-Equity is 2.15, which is 183% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legal & General Group stock overvalued right now?
Legal & General Group (LGGNF) has a current Debt-to-Equity of 2.15. The current Debt-to-Equity is 2.15, which is 183% above median its 10-year median of 0.76 and 923.8% above the Asset Management industry median of 0.21. Legal & General Group's overall GF Score™ is 42/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Legal & General Group (LGGNF), the current Debt-to-Equity is 2.15 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Legal & General Group PLC operates across five reportable segments, comprising Institutional Retirement, Asset Management, Insurance, Retail Retirement and Corporate Investments. Its revenue includes insurance revenue, fees from fund management and investment contracts and other operational income from contracts with customers. The company operates in United Kingdom, USA and Rest of World.
42GF Score
Get the complete analysis for LGGNF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LGGNF has been successfully added to your 
