Lloyds Banking Group annual net debt
2018
2019
2020
2021
2022
2023
2024
2025
Lloyds Banking Group Net Debt Growth & History (LLOY)
Lloyds Banking Group's net debt was −£59.57B for fiscal 2025.
View full Lloyds Banking Group company overviewLloyds Banking Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −£59.57B | £9.99B | — |
| 2024 | 2024-12-31 | −£69.56B | £17.65B | — |
| 2023 | 2023-12-31 | −£87.21B | £7.31B | — |
| 2022 | 2022-12-31 | −£94.51B | −£16.79B | — |
| 2021 | 2021-12-31 | −£77.72B | −£1.25B | — |
| 2020 | 2020-12-31 | −£76.47B | −£18.81B | — |
| 2019 | 2019-12-31 | −£57.66B | −£2.48B | — |
| 2018 | 2018-12-31 | −£55.18B | — | — |
Lloyds Banking Group quarterly net debt
Q4.18
Q2.19
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | £44.97B | £30.69B | +214.96% |
| Q1 2026 | 2026-03-31 | £38.62B | — | — |
| Q4 2025 | 2025-12-31 | −£59.57B | £9.99B | — |
| Q3 2025 | 2025-09-30 | £26.46B | — | — |
| Q2 2025 | 2025-06-30 | £14.28B | — | — |
| Q4 2024 | 2024-12-31 | −£69.56B | £17.65B | — |
| Q4 2023 | 2023-12-31 | −£87.21B | £7.31B | — |
| Q4 2022 | 2022-12-31 | −£94.51B | −£16.79B | — |
| Q4 2021 | 2021-12-31 | −£77.72B | −£1.25B | — |
| Q4 2020 | 2020-12-31 | −£76.47B | −£18.81B | — |
| Q4 2019 | 2019-12-31 | −£57.66B | −£2.48B | — |
| Q2 2019 | 2019-06-30 | −£57.08B | — | — |
| Q4 2018 | 2018-12-31 | −£55.18B | — | — |
Lloyds Banking Group net debt trends
Over the last five fiscal years, Lloyds Banking Group's net debt increased from −£76.47B to −£59.57B, a change of £16.91B. The latest reported quarter, Q2 2026, shows £44.97B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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