Lloyds Banking Group plc (LLD2) — Cash Flow Quality Index
Lloyds Banking Group plc (LLD2) has a Cash Flow Quality Index of 1.22x as of December 2025. Operating cash flow of €5.70 Billion exceeds net income of €4.66 Billion, indicating high earnings quality where cash backs reported profits. Explore LLD2 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Lloyds Banking Group plc Cash Flow Quality Index (2017–2025)
Historical Cash Flow Quality Index for Lloyds Banking Group plc across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see LLD2 cash generation efficiency.
Annual Cash Flow Quality Index for Lloyds Banking Group plc (2017–2025)
Year-by-year earnings quality comparison for Lloyds Banking Group plc.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.22x | €5.70 Billion | €4.66 Billion | ▲ +223.1% |
| 2024 | -0.99x | €-4.39 Billion | €4.42 Billion | ▼ -179.7% |
| 2023 | 1.25x | €6.81 Billion | €5.46 Billion | ▲ +11.0% |
| 2022 | 1.12x | €6.13 Billion | €5.46 Billion | ▲ +138.7% |
| 2021 | -2.91x | €-16.80 Billion | €5.78 Billion | ▲ +72.5% |
| 2020 | -10.58x | €-13.94 Billion | €1.32 Billion | ▼ -404.1% |
| 2019 | 3.48x | €10.17 Billion | €2.92 Billion | ▲ +235.7% |
| 2018 | -2.56x | €-11.30 Billion | €4.41 Billion | ▲ +53.3% |
| 2017 | -5.49x | €-19.52 Billion | €3.56 Billion | — |