Lloyds Banking Group plc (LLD2) — Cash Flow Reinvestment Rate

Latest as of December 2025: 2.07x

Lloyds Banking Group plc (LLD2) has a Cash Flow Reinvestment Rate of 2.07x as of December 2025, reinvesting €11.78 Billion (capex €6.32 Billion plus investments €-5.45 Billion) from operating cash flow of €5.70 Billion. Check LLD2 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

2.07x
(Capex + Investments) / Operating CF

Total Reinvested

€11.78 Billion
Capex + Investments

Operating Cash Flow

€5.70 Billion
EUR

Capital Expenditures

€6.32 Billion
EUR

Lloyds Banking Group plc Cash Flow Reinvestment Rate (2016–2025)

Historical reinvestment intensity for Lloyds Banking Group plc across 5 annual periods. Explore Lloyds Banking Group plc long-term investment allocation to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Lloyds Banking Group plc (2016–2025)

Year-by-year capital reinvestment analysis for Lloyds Banking Group plc. For live market cap and broader valuation context, see LLD2 stock market capitalisation.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 2.07x €11.78 Billion €5.70 Billion €6.32 Billion ▼ -7.9%
2023 2.24x €15.28 Billion €6.81 Billion €5.46 Billion ▲ +94.4%
2022 1.15x €7.08 Billion €6.13 Billion €3.85 Billion ▲ +231.5%
2019 0.35x €3.54 Billion €10.17 Billion €3.44 Billion
2016 0.00x €0.00 €6.42 Billion €0.00
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow