Lloyds Banking (LYG) Change in Taxes (2011 - 2024)

Lloyds Banking (LYG) posted quarterly Change in Taxes of -$719.1 million for Q4 2024, little changed year-on-year from -$715.9 million in Q1 2024, and little changed on a QoQ basis from -$722.3 million in Q4 2023.

Lloyds Banking (LYG) Change in Taxes (2011 - 2024) Analysis & Trends

Lloyds Banking (LYG) has reported Change in Taxes for 13 consecutive years, with -$719.1 million the latest figure, recorded in Q4 2024.

  • Quarterly Change in Taxes changed 0.45% year-over-year to -$719.1 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$3.4 billion (up 6.95% YoY) and the FY2025 annual result came in at -$3.0 billion, down 82.19% from the prior year.
  • Change in Taxes was little changed at -$719.1 million in Q4 2024 per LYG's latest filing, from -$722.3 million in the prior quarter.
  • Over the last five years, Change in Taxes for LYG reached as high as -$719.1 million in Q4 2024 and fell as low as -$1.1 billion in Q4 2021.
  • A 5-year average of -$871.5 million and a median of -$871.5 million in 2022 frame the typical range for Change in Taxes.
  • Annual changes were most pronounced in 2020 — Change in Taxes surged 40.85% — and 2021, when it dropped 10.41%.
  • Year by year, Change in Taxes stood at -$971.9 million in 2020, then slipped by 10.41% to -$1.1 billion in 2021, then climbed by 18.78% to -$871.5 million in 2022, then grew by 17.12% to -$722.3 million in 2023, then climbed by 0.45% to -$719.1 million in 2024.
  • According to Business Quant data, Change in Taxes over the past three periods registered -$719.1 million, -$722.3 million, and -$871.5 million for Q4 2024, Q4 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -1.24 Mn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -78,154.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -
10 Itau Unibanco Holding 90.02 Bn 47.32 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -719.08 Mn
Dec 31, 2024 -719.08 Mn
Dec 31, 2023 -722.31 Mn
Dec 31, 2023 -722.31 Mn
Dec 31, 2022 -871.49 Mn
Dec 31, 2022 -871.49 Mn
Dec 31, 2021 -1.07 Bn
Dec 31, 2021 -1.07 Bn
Dec 31, 2020 -971.85 Mn
Dec 31, 2020 -971.85 Mn
Dec 31, 2019 -1.64 Bn
Dec 31, 2019 -1.64 Bn
Dec 31, 2018 -1.33 Bn
Dec 31, 2018 -1.33 Bn
Dec 31, 2017 -877.59 Mn
Dec 31, 2017 -877.59 Mn
Dec 31, 2016 -696.20 Mn
Dec 31, 2016 -696.20 Mn
Dec 31, 2015 -271.63 Mn
Dec 31, 2015 -271.63 Mn