Legal & General
Financial Performance
Legal & General Revenue & Financials
Revenue
~$18.7B (FY2024)
Market Cap
$13.8B
Net Income
~$2.3B
Employees
11,500
What is Legal & General's revenue?
Legal & General had ~$18.7B in revenue for fiscal year 2024, up 5.6% from 2023. Net income was ~$2.3B.
- Latest revenue
- ~$18.7B (FY2024)
- Year-over-year
- +5.6%
- Growth rate (CAGR)
- 1.9% over 9 years
- Peak revenue
- ~$20.7B (FY2021)
- Years of data
- 10
- Employees
- 11,500
- How much profit does Legal & General make?
- Legal & General reported net income of ~$2.3B for fiscal year 2024.
- How many employees does Legal & General have?
- Legal & General has about 11,500 employees.
Financial Analysis
Legal & General maintains one of the strongest, most dependable financial architectures in international finance. In fiscal year 2024, L&G reported consolidated revenue of £14.20 billion and operating profits of £1.75 billion. Its Solvency II shareholder capital coverage ratio stands at an extraordinary 223%, representing over £9.0 billion in excess regulatory capital above Bank of England requirements. Because its pension liabilities are matched with precision against long-term, high-quality fixed income and infrastructure debt, L&G is largely immunized against equity market crashes. L&G is celebrated across the City of London as one of the FTSE 100's premier dividend compounders, offering an attractive dividend yield typically between 8.0% and 9.5%, supported by an unbroken 15-year record of annual dividend growth.
Revenue Trend Analysis
YoY Change
+5.6%
9-Year CAGR
+1.9%
Peak Year
2021
Trend
Consistent Growth
Legal & General has 10 full fiscal year figures on this page, compounding at +1.9% annually over 9 years. The most recent year saw a 5.6% increase versus the prior year. Annual revenue peaked in fiscal year 2021 at ~$20.7B. Of 9 comparable year-over-year steps, 7 showed growth and 2 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | ~$18.7B | ~$2.3B | +5.6% |
| FY2023 | ~$17.7B | ~$2.2B | -1.9% |
| FY2022 | ~$18.1B | ~$3.3B | -12.7% |
| FY2021 | ~$20.7B | ~$3B | +7.2% |
| FY2020 | ~$19.3B | ~$2.9B | +0.4% |
| FY2019 | ~$19.3B | ~$2.8B | +4.8% |
| FY2018 | ~$18.4B | ~$2.5B | +2.6% |
| FY2017 | ~$17.9B | ~$2.4B | +5.4% |
| FY2016 | ~$17B | ~$2.1B | +7.8% |
| FY2015 | ~$15.8B | ~$1.9B | — |
Click any row to see year details.
Keep researching Legal & General
Legal & General Revenue and Financial FAQ
What was Legal & General's revenue and net profit in FY2024?
For the fiscal year 2024, Legal & General generated £14.20 billion in revenue and £1.75 billion in net income, representing an operating net margin of 12.32% alongside resilient capital surplus ratios.
What is Legal & General's Solvency II capital position?
Legal & General maintains a robust Solvency II coverage ratio typically hovering between 200% and 224%, providing billions of pounds in excess regulatory capital above its mandatory solvency capital requirement.
How does Legal & General maintain its high dividend payout?
The group's progressive dividend is underpinned by highly predictable contractual cash flows from its £100B+ annuity asset portfolio, structured de-risking spreads, and low-volatility management fee revenues.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Legal & General Revenue & Financials." CorpDigest, https://corpdigest.com/company/legal-and-general/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Legal & General reported ~$18.7B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/legal-and-general/financials" target="_blank" rel="noopener">CorpDigest — Legal & General financials</a></div>Related Financial Audits
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