M&G plc (LON:MNG)
London · Delayed Price · Currency is GBP · Price in GBX 280.20
+8.20 (3.01%)
Apr 1, 2026, 11:34 AM GMT
M&G plc Income Statement
Financials in millions GBP. Fiscal year is January - December.
Millions GBP. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Premiums & Annuity Revenue | 4,425 | 4,095 | 3,887 | 3,325 | 3,765 |
Total Interest & Dividend Income | 2,631 | 726 | 2,053 | -4,326 | 5,205 |
Gain (Loss) on Sale of Investments | - | - | - | - | 6,566 |
Other Revenue | 288 | 638 | 340 | 2,744 | 1,098 |
| 7,344 | 5,459 | 6,280 | 1,743 | 16,634 | |
Revenue Growth (YoY) | 34.53% | -13.07% | 260.30% | -89.52% | 3.02% |
Policy Benefits | 2,839 | 2,888 | 2,893 | 2,921 | 13,083 |
Policy Acquisition & Underwriting Costs | 88 | 73 | 56 | 26 | - |
Selling, General & Administrative | 1,817 | 1,863 | 1,727 | 1,863 | 2,347 |
Provision for Bad Debts | 3 | 15 | -2 | -31 | - |
Other Operating Expenses | 32 | 38 | -20 | 17 | - |
Total Operating Expenses | 4,779 | 4,877 | 4,654 | 4,796 | 15,430 |
Operating Income | 2,565 | 582 | 1,626 | -3,053 | 1,204 |
Interest Expense | -464 | -419 | -366 | -298 | -321 |
Earnings From Equity Investments | 17 | 24 | 23 | 38 | 81 |
Currency Exchange Gain (Loss) | - | - | - | - | -120 |
Other Non Operating Income (Expenses) | -226 | 363 | -226 | 550 | -1,019 |
EBT Excluding Unusual Items | 1,892 | 550 | 1,057 | -2,763 | -175 |
Merger & Restructuring Charges | -184 | -180 | -226 | -228 | -222 |
Impairment of Goodwill | -82 | -149 | -17 | -25 | - |
Asset Writedown | -316 | -76 | -65 | -3 | 1,185 |
Pretax Income | 1,310 | 145 | 749 | -3,019 | 788 |
Income Tax Expense | 996 | 492 | 440 | -964 | 696 |
Earnings From Continuing Ops. | 314 | -347 | 309 | -2,055 | 92 |
Net Income to Company | 314 | -347 | 309 | -2,055 | 92 |
Minority Interest in Earnings | -12 | -13 | -12 | -13 | -9 |
Net Income | 302 | -360 | 297 | -2,068 | 83 |
Net Income to Common | 302 | -360 | 297 | -2,068 | 83 |
Net Income Growth | - | - | - | - | -92.71% |
Shares Outstanding (Basic) | 2,404 | 2,388 | 2,350 | 2,474 | 2,542 |
Shares Outstanding (Diluted) | 2,460 | 2,388 | 2,396 | 2,474 | 2,575 |
Shares Change (YoY) | 3.02% | -0.33% | -3.15% | -3.92% | -0.46% |
EPS (Basic) | 0.13 | -0.15 | 0.13 | -0.84 | 0.03 |
EPS (Diluted) | 0.12 | -0.15 | 0.12 | -0.84 | 0.03 |
EPS Growth | - | - | - | - | -92.73% |
Free Cash Flow | 778 | 388 | 1,223 | -1,077 | 532 |
Free Cash Flow Per Share | 0.32 | 0.16 | 0.51 | -0.43 | 0.21 |
Dividend Per Share | 0.205 | 0.201 | 0.197 | 0.196 | 0.183 |
Dividend Growth | 1.99% | 2.03% | 0.51% | 7.10% | 0.55% |
Operating Margin | 34.93% | 10.66% | 25.89% | -175.16% | 7.24% |
Profit Margin | 4.11% | -6.59% | 4.73% | -118.65% | 0.50% |
Free Cash Flow Margin | 10.59% | 7.11% | 19.48% | -61.79% | 3.20% |
EBITDA | 2,708 | 747 | 1,778 | -2,901 | 1,326 |
EBITDA Margin | 36.87% | 13.68% | 28.31% | -166.44% | 7.97% |
D&A For EBITDA | 143 | 165 | 152 | 152 | 122 |
EBIT | 2,565 | 582 | 1,626 | -3,053 | 1,204 |
EBIT Margin | 34.93% | 10.66% | 25.89% | -175.16% | 7.24% |
Effective Tax Rate | 76.03% | 339.31% | 58.75% | - | 88.33% |
Revenue as Reported | - | - | - | - | 17,772 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.