Legal & General Group Plc

BMV:LGEN N Stock Report

Market Cap: Mex$310.8b

Legal & General Group Past Earnings Performance

Past criteria checks 0/6

Legal & General Group's earnings have been declining at an average annual rate of -8.9%, while the Insurance industry saw earnings growing at 11.4% annually. Revenues have been declining at an average rate of 22.9% per year. Legal & General Group's return on equity is 9.3%, and it has net margins of 3.6%.

Key information

-8.9%

Earnings growth rate

-8.8%

EPS growth rate

Insurance Industry Growth7.6%
Revenue growth rate-22.9%
Return on equity9.3%
Net Margin3.6%
Next Earnings Update07 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Legal & General Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BMV:LGEN N Revenue, expenses and earnings (GBP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2311,98543500
30 Sep 2312,15046800
30 Jun 23-10,5292,00900
31 Mar 23-10,7092,13900
31 Dec 2211,95476000
30 Sep 2212,4691,14920
30 Jun 2212,9841,53740
31 Mar 2211,3181,78240
31 Dec 219,6512,02740
30 Sep 2110,8052,06120
30 Jun 2111,9592,09400
31 Mar 2114,9801,70300
31 Dec 2018,0011,31100
30 Sep 2016,6181,27300
30 Jun 2015,2351,23500
31 Mar 2017,4801,52300
31 Dec 1919,7241,81100
30 Sep 1920,8951,85200
30 Jun 1922,0661,89300
31 Mar 1916,5291,83900
31 Dec 1810,9921,78400
30 Sep 189,0371,71200
30 Jun 187,0811,63900
31 Mar 188,7561,72500
31 Dec 1710,4311,81100
30 Jun 1710,6851,409260
31 Mar 1714,2881,288260
31 Dec 1617,8901,167260
30 Sep 1617,3181,231480
30 Jun 1615,2281,204490
31 Mar 1610,9671,140490
31 Dec 156,7051,075490
30 Sep 159,7721,049520
30 Jun 1512,8381,023540
31 Mar 1515,2831,004540
31 Dec 1417,727985540
30 Sep 1415,416960510
30 Jun 1413,104935480
31 Mar 1410,839914480
31 Dec 138,574893480
30 Sep 139,645879480

Quality Earnings: LGEN N has a large one-off loss of £931.0M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: LGEN N's current net profit margins (3.6%) are lower than last year (6.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LGEN N's earnings have declined by 8.9% per year over the past 5 years.

Accelerating Growth: LGEN N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LGEN N had negative earnings growth (-42.8%) over the past year, making it difficult to compare to the Insurance industry average (14.6%).


Return on Equity

High ROE: LGEN N's Return on Equity (9.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/08/05 07:39
End of Day Share Price 2024/05/09 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Legal & General Group Plc is covered by 41 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Yves GauthierAlphaValue
Larissa Van DeventerBarclays
Andrew BroadfieldBarclays