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. Explore LLD2 capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

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. Also explore LLD2 total assets for the complete picture of this company's asset base.

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 market cap overview.

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