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Legal & General Group Plc

LGEN.LFinancial ServicesLSE

Asset Management · Last scanned May 30, 2026

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Financials · Annual
Revenue
$42.04B
+103.9% YoY
Net Income
$592.0M
+209.9% YoY
Free Cash Flow
-$17.40B

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About Legal & General Group Plc

Part of the financial services sector, Legal & General Group Plc (LGEN.L) is listed under Asset Management. The $14.91B market capitalization puts LGEN.L squarely in large-cap range for its industry. It operates through Institutional Retirement, Asset Management, Insurance, and Retail Retirement segments.

Key stats
Market Cap$14.91B
P/E (TTM)33.92
Fwd P/E10.25
EPS$0.08
Beta0.80
52W Change+6.1%
Dividend Yield8.08%
ROE17.9%
Analysis

Legal & General Group Plc holds $528.84B in cash against $57.28B in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$17.40B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 17.9% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.1% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$94.94B (2022) to $42.04B (2025), reflecting a 144% increase over the period.

With cash comfortably exceeding debt, LGEN.L has financial flexibility that may help navigate uncertain periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Legal & General Group Plc's trajectory.

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