Lloyds Banking (LYG) Cost of Revenue (2009 - 2024)

Lloyds Banking's (LYG) quarterly Cost of Revenue came in at $795.2 million in Q4 2024, up 15.24% year-on-year from $690.1 million in Q1 2024, and up 15.24% on a QoQ basis from $690.1 million in Q4 2023.

Lloyds Banking (LYG) Cost of Revenue (2009 - 2024) Analysis & Trends

Lloyds Banking (LYG) has 16 years of Cost of Revenue data on file, last reported at $795.2 million in Q4 2024.

  • On a quarterly basis, Cost of Revenue rose 15.24% year-over-year to $795.2 million in Q4 2024; TTM through Dec 2024 was $25.3 billion, a 24.93% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 16.22% from the prior year.
  • Cost of Revenue for Q4 2024 stood at $795.2 million, up from $690.1 million in the prior quarter.
  • Over the last five years, Cost of Revenue for LYG reached as high as $23.2 billion in Q3 2022 and fell as low as -$19.8 billion in Q2 2020.
  • Historically, Cost of Revenue has averaged $2.8 billion across 5 years, with a median of $2.0 billion in 2020.
  • Across the five-year window, Cost of Revenue plunged 843.04% in 2020 and surged 752.73% in 2022, its largest moves.
  • Year by year, Cost of Revenue stood at $1.5 billion in 2020, then jumped by 168.65% to $4.1 billion in 2021, then slumped by 84.19% to $643.9 million in 2022, then rose by 7.17% to $690.1 million in 2023, then increased by 15.24% to $795.2 million in 2024.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $795.2 million in Q4 2024, $690.1 million in Q4 2023, and $643.9 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 1.11 Mn
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 39,724.00
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - -
6 Landmark Bancorp 187.97 Bn 187.94 Bn - -
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - -
9 Us Bancorp 99.51 Bn 99.51 Bn - -
10 Itau Unibanco Holding 89.22 Bn 46.51 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 795.25 Mn
Dec 31, 2024 795.25 Mn
Dec 31, 2023 690.08 Mn
Dec 31, 2023 690.08 Mn
Dec 31, 2022 643.94 Mn
Dec 31, 2022 643.94 Mn
Sep 30, 2022 23.17 Bn
Sep 30, 2022 23.17 Bn
Jun 30, 2022 -4.25 Bn
Jun 30, 2022 -4.25 Bn
Mar 31, 2022 5.23 Bn
Mar 31, 2022 5.23 Bn
Dec 31, 2021 4.07 Bn
Dec 31, 2021 4.07 Bn
Sep 30, 2021 2.72 Bn
Sep 30, 2021 2.72 Bn
Jun 30, 2021 -3.36 Bn
Jun 30, 2021 -3.36 Bn
Mar 31, 2021 4.14 Bn
Mar 31, 2021 4.14 Bn