Legal & General Group annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Legal & General Group Debt-to-Equity Ratio Growth & History (LGEN)
Legal & General Group's debt-to-equity ratio was 2.74 for fiscal 2025.
View full Legal & General Group company overviewLegal & General Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.74 | 0.22 | +8.63% |
| 2024 | 2024-12-31 | 2.52 | 1.11 | +78.46% |
| 2023 | 2023-12-31 | 1.41 | 0.32 | +28.85% |
| 2022 | 2022-12-31 | 1.10 | 0.05 | +4.85% |
| 2021 | 2021-12-31 | 1.05 | 0.46 | +77.07% |
| 2020 | 2020-12-31 | 0.59 | — | — |
Legal & General Group quarterly debt-to-equity ratio
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.89 | −0.10 | −5.18% |
| Q4 2025 | 2025-12-31 | 2.15 | −0.02 | −1.13% |
| Q2 2025 | 2025-06-30 | 2.00 | — | — |
| Q4 2024 | 2024-12-31 | 2.17 | — | — |
Legal & General Group debt-to-equity ratio trends
Over the last five fiscal years, Legal & General Group's debt-to-equity ratio increased from 0.59 to 2.74, a change of 2.15. The latest reported quarter, Q2 2026, shows 1.89.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Legal & General Group source filings ↗Community posts
DigitalBridge and L&G back a 6,600-site European tower platform
Funds managed by DigitalBridge ($DBRG), Legal & General ($LGEN) and TD Asset Management agreed to acquire VodafoneZiggo’s passive mobile-tower infrastructure from Ziggo BV. The assets would be combined with Belgium Tower Partners, creating ...