Lloyds Banking (LYG) Gross Margin (2009 - 2024)
Lloyds Banking (LYG) posted quarterly Gross Margin of 98.2% for Q4 2024, up 91.0% year-on-year from 51.42% in Q1 2024, and up 0.94% on a QoQ basis from 97.29% in Q4 2023.
Lloyds Banking (LYG) Gross Margin (2009 - 2024) Analysis & Trends
Lloyds Banking (LYG) has reported Gross Margin for 16 consecutive years, with 98.2% the latest figure, recorded in Q4 2024.
- Quarterly Gross Margin rose 91.0% year-over-year to 98.2% in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 57.22% (up 2867.0% YoY) and the FY2025 annual result came in at 93.13%, down 29.0% from the prior year.
- Gross Margin advanced to 98.2% in Q4 2024 per LYG's latest filing, from 97.29% in the prior quarter.
- Over the last five years, Gross Margin for LYG reached as high as 487.77% in Q3 2022 and fell as low as 800.43% in Q1 2022.
- A 5-year average of 56.3% and a median of 92.42% in 2021 frame the typical range for Gross Margin.
- The largest YoY upside for Gross Margin was 39468 bps in 2022 against a maximum downside of 85674 bps in 2022.
- Year by year, Gross Margin stood at 94.85% in 2020, then slipped by 8 bps to 87.44% in 2021, then advanced by 5 bps to 91.74% in 2022, then advanced by 6 bps to 97.29% in 2023, then gained by 1 bps to 98.2% in 2024.
- According to Business Quant data, Gross Margin over the past three periods registered 98.2%, 97.29%, and 91.74% for Q4 2024, Q4 2023, and Q4 2022 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -244.16% |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 80.84% |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 30.54% |
| 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| Date | Value |
|---|---|
| Dec 31, 2024 | 98.20% |
| Dec 31, 2023 | 97.29% |
| Dec 31, 2022 | 91.74% |
| Sep 30, 2022 | 487.77% |
| Jun 30, 2022 | 113.41% |
| Mar 31, 2022 | -800.43% |
| Dec 31, 2021 | 87.44% |
| Sep 30, 2021 | 93.09% |
| Jun 30, 2021 | 118.92% |
| Mar 31, 2021 | 56.31% |
| Dec 31, 2020 | 94.85% |
| Sep 30, 2020 | 87.07% |
| Jun 30, 2020 | 77.34% |
| Mar 31, 2020 | 85.21% |
| Dec 31, 2019 | 92.97% |
| Sep 30, 2019 | 45.39% |
| Jun 30, 2019 | 80.64% |
| Mar 31, 2019 | 85.03% |
| Dec 31, 2018 | 72.46% |
| Sep 30, 2018 | 57.53% |