Legal & General Group Plc
Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates through Institutional Retirement, Asset Management, and Retail Retirement segments. The Institutional Retirement segment offers annuity contracts with guaranteed income for a specified time; longevity insurance products; and writes assured payment p… Read more
Legal & General Group Plc (LGGNY) - Net Assets
Latest net assets as of June 2025: $2.43 Billion USD
Based on the latest financial reports, Legal & General Group Plc (LGGNY) has net assets worth $2.43 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($557.02 Billion) and total liabilities ($554.60 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.43 Billion |
| % of Total Assets | 0.44% |
| Annual Growth Rate | -4.62% |
| 5-Year Change | -64.77% |
| 10-Year Change | -64.41% |
| Growth Volatility | 30.05 |
Legal & General Group Plc - Net Assets Trend (2013–2024)
This chart illustrates how Legal & General Group Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Legal & General Group Plc (2013–2024)
The table below shows the annual net assets of Legal & General Group Plc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.51 Billion | -26.61% |
| 2023-12-31 | $4.78 Billion | -60.59% |
| 2022-12-31 | $12.14 Billion | +10.93% |
| 2021-12-31 | $10.94 Billion | +9.80% |
| 2020-12-31 | $9.97 Billion | +5.77% |
| 2019-12-31 | $9.42 Billion | +8.90% |
| 2018-12-31 | $8.65 Billion | +9.26% |
| 2017-12-31 | $7.92 Billion | +8.73% |
| 2016-12-31 | $7.28 Billion | -26.17% |
| 2015-12-31 | $9.86 Billion | +0.49% |
| 2014-12-31 | $9.82 Billion | +66.18% |
| 2013-12-31 | $5.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Legal & General Group Plc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 62.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.71 Billion | 48.31% |
| Other Components | $1.83 Billion | 51.69% |
| Total Equity | $3.55 Billion | 100.00% |
Legal & General Group Plc Competitors by Market Cap
The table below lists competitors of Legal & General Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CH Robinson Worldwide Inc
NASDAQ:CHRW
|
$20.09 Billion |
|
Novozymes AS
PINK:NVZMY
|
$20.10 Billion |
|
Ashtead Group plc
PINK:ASHTF
|
$20.11 Billion |
|
China Overseas Land Investment
PINK:CAOVY
|
$20.11 Billion |
|
Grupo Cibest S.A.
NYSE:CIB
|
$20.07 Billion |
|
NetApp Inc
NASDAQ:NTAP
|
$20.07 Billion |
|
Bunge Limited
NYSE:BG
|
$20.06 Billion |
|
Brown & Brown Inc
NYSE:BRO
|
$20.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Legal & General Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,826,000,000 to 3,548,000,000, a change of -1,278,000,000 (-26.5%).
- Net income of 191,000,000 contributed positively to equity growth.
- Dividend payments of 1,230,000,000 reduced retained earnings.
- Share repurchases of 201,000,000 reduced equity.
- Other factors decreased equity by 38,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $191.00 Million | +5.38% |
| Dividends Paid | $1.23 Billion | -34.67% |
| Share Repurchases | $201.00 Million | -5.67% |
| Other Changes | $-38.00 Million | -1.07% |
| Total Change | $- | -26.48% |
Book Value vs Market Value Analysis
This analysis compares Legal & General Group Plc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 23.65x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $14.40 | x |
| 2016-12-31 | $0.00 | $14.40 | x |
| 2017-12-31 | $1.32 | $14.40 | x |
| 2018-12-31 | $1.44 | $14.40 | x |
| 2019-12-31 | $1.57 | $14.40 | x |
| 2020-12-31 | $1.68 | $14.40 | x |
| 2021-12-31 | $1.84 | $14.40 | x |
| 2022-12-31 | $2.04 | $14.40 | x |
| 2023-12-31 | $0.82 | $14.40 | x |
| 2024-12-31 | $0.61 | $14.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Legal & General Group Plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.63%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 153.37x
- Recent ROE (5.38%) is below the historical average (16.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 15.83% | 10.42% | 0.02x | 64.92x | $328.80 Million |
| 2014 | 16.34% | 5.56% | 0.04x | 66.28x | $595.23 Million |
| 2015 | 16.79% | 16.03% | 0.02x | 61.96x | $640.53 Million |
| 2016 | 18.11% | 1.61% | 0.17x | 67.37x | $563.50 Million |
| 2017 | 24.11% | 4.67% | 0.08x | 64.50x | $1.11 Billion |
| 2018 | 21.29% | 144.54% | 0.00x | 57.40x | $969.00 Million |
| 2019 | 19.58% | 2.75% | 0.12x | 59.85x | $897.30 Million |
| 2020 | 16.07% | 3.20% | 0.09x | 57.07x | $607.30 Million |
| 2021 | 18.67% | 4.51% | 0.08x | 53.06x | $951.90 Million |
| 2022 | 18.83% | 0.00% | -0.17x | 42.18x | $1.07 Billion |
| 2023 | 9.47% | 1.40% | 0.06x | 108.18x | $-25.60 Million |
| 2024 | 5.38% | 0.63% | 0.06x | 153.37x | $-163.80 Million |
Industry Comparison
This section compares Legal & General Group Plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Legal & General Group Plc (LGGNY) | $2.43 Billion | 15.83% | 228.51x | $20.09 Billion |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |