Lloyds Banking Group plc Capital Reinvestment Ratio

Latest as of December 2025: 1.11x

Lloyds Banking Group plc capital reinvestment ratio. Lloyds Banking Group plc (LLD2) has a Capital Reinvestment Ratio of 1.11x as of December 2025, meaning it reinvests 1% of its operating cash flow (€5.70 Billion) in capital expenditures (€6.32 Billion). See Lloyds Banking Group plc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

1.11x
Capex / Operating Cash Flow

Operating Cash Flow

€5.70 Billion
EUR

Capital Expenditures

€6.32 Billion
EUR

Data as of

Dec 2025
Most recent filing

Capital Reinvestment Ratio of Lloyds Banking Group plc (2019–2025)

Capital reinvestment ratio of Lloyds Banking Group plc from 2019 to 2025. This chart tracks Lloyds Banking Group plc's Capital Reinvestment Ratio across 4 annual periods. See financial flexibility index of Lloyds Banking Group plc to measure the company's free cash flow as a share of total liabilities.

Lloyds Banking Group plc Capital Reinvestment Ratio by Year (2019–2025)

Lloyds Banking Group plc capital reinvestment ratio by year from 2019 to 2025. For the full cash flow conversion analysis, see how efficiently does Lloyds Banking Group plc generate cash.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2025 1.11x €5.70 Billion €6.32 Billion ▲ +38.5%
2023 0.80x €6.81 Billion €5.46 Billion ▲ +27.5%
2022 0.63x €6.13 Billion €3.85 Billion ▲ +85.7%
2019 0.34x €10.17 Billion €3.44 Billion —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow