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Legal & General Group (LSE:LGEN) Gross-Profit-to-Asset % : 10.38% (As of Dec. 2023)


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What is Legal & General Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Legal & General Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was £53,038 Mil. Legal & General Group's average Total Assets over the quarter that ended in Dec. 2023 was £510,933 Mil. Therefore, Legal & General Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 10.38%.

Legal & General Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Legal & General Group's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Legal & General Group Gross-Profit-to-Asset % Chart

Legal & General Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.68 8.88 7.90 -17.36 7.04

Legal & General Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.64 -26.21 -8.71 3.92 10.38

Competitive Comparison of Legal & General Group's Gross-Profit-to-Asset %

For the Asset Management subindustry, Legal & General Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Legal & General Group's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legal & General Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Legal & General Group's Gross-Profit-to-Asset % falls into.


Legal & General Group Gross-Profit-to-Asset % Calculation

Legal & General Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=36443/( (513270+522095)/ 2 )
=36443/517682.5
=7.04 %

Legal & General Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=53038/( (499771+522095)/ 2 )
=53038/510933
=10.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Legal & General Group Gross-Profit-to-Asset % Related Terms

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Legal & General Group (LSE:LGEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legal & General Group PLC (LSE:LGEN) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
LSE:SMT LSE:ICG LSE:SDR LSE:HL. LSE:FCIT LSE:MNG LSE:PCT LSE:ATST LSE:UKW LSE:3IN BLK KKR BX OSTO:INVE A TSX:BN APO BK AMP OSTO:EQT LSE:III
Traded in Other Exchanges
LGGNY:USA LGGNF:USA LGENl:UK LGI:Germany LGI:Germany
Address
One Coleman Street, London, GBR, EC2R 5AA
Website
https://www.legalandgeneralgroup.com
Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and insurance. The retirement business provides provide guaranteed retirement income for corporate pension scheme members. Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment use customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Insurance business provides various types of insurance, including life and disability insurance. The company has a global presence but most of its assets under management are derived from the United Kingdom and Europe.

Legal & General Group (LSE:LGEN) Headlines

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