M&G plc (LON:MNG)

M&G plc Balance Sheet

Financials in millions GBP. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Debt Securities	66,554	66,908	69,775	70,683	62,821	81,059
Investments in Equity & Preferred Securities	75,612	70,999	65,174	66,535	70,540	74,538
Policy Loans	-	-	-	-	2	2
Total Investments	156,315	152,986	151,225	154,501	151,764	179,516
Cash & Equivalents	5,417	4,904	4,838	5,148	4,884	6,908
Reinsurance Recoverable	1,001	1,067	1,043	1,099	1,082	1,669
Other Receivables	7,894	6,608	4,854	4,694	4,034	4,610
Deferred Policy Acquisition Cost	30	25	19	23	31	94
Property, Plant & Equipment	822	1,537	1,654	2,065	1,953	2,536
Goodwill	-	1,442	1,458	1,519	1,535	1,391
Other Intangible Assets	1,780	312	256	296	342	224
Other Current Assets	21,141	21,255	18,345	19,373	24,933	22,029
Long-Term Deferred Tax Assets	511	422	487	443	445	119
Other Long-Term Assets	47	43	45	19	155	38
Total Assets	194,958	190,601	184,224	189,180	191,158	219,134

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	2,739	2,409	3,943	4,607	3,836
Accrued Expenses	5,705	997	979	1,327	1,424	1,529
Insurance & Annuity Liabilities	151,068	146,481	140,320	142,135	141,976	63,379
Unpaid Claims	-	1,064	944	-	-	-
Reinsurance Payable	248	260	280	357	348	299
Current Portion of Long-Term Debt	-	556	617	532	450	598
Current Portion of Leases	-	40	50	29	35	25
Current Income Taxes Payable	186	123	81	97	58	359
Long-Term Debt	6,074	5,963	5,869	7,115	7,087	8,332
Long-Term Leases	387	353	375	358	385	388
Long-Term Deferred Tax Liabilities	1,242	1,040	705	682	795	1,419
Other Current Liabilities	15,484	15,844	17,384	17,723	18,449	3,573
Other Long-Term Liabilities	11,648	11,638	10,577	10,452	11,185	129,885
Total Liabilities	192,293	187,413	180,901	185,096	186,847	213,789

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	121	121	120	119	119	130
Additional Paid-In Capital	392	391	383	379	370	370
Retained Earnings	13,770	14,279	14,435	15,223	15,504	16,550
Treasury Stock	-6	-6	-6	-21	-47	-1
Comprehensive Income & Other	-11,657	-11,649	-11,651	-11,659	-11,683	-11,753
Total Common Equity	2,620	3,136	3,281	4,041	4,263	5,296
Minority Interest	45	52	42	43	48	49
Shareholders' Equity	2,665	3,188	3,323	4,084	4,311	5,345
Total Liabilities & Equity	194,958	190,601	184,224	189,180	191,158	219,134

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	2,399	2,382	2,367	2,328	2,307	2,545
Total Common Shares Outstanding	2,399	2,381	2,367	2,328	2,307	2,545
Total Debt	6,461	6,912	6,911	8,034	7,957	9,343
Net Cash (Debt)	-1,044	-2,008	-2,073	-2,886	-3,073	-2,435
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.43	-0.82	-0.87	-1.20	-1.24	-0.95
Book Value Per Share	1.09	1.32	1.39	1.74	1.85	2.08
Tangible Book Value	840	1,382	1,567	2,226	2,386	3,681
Tangible Book Value Per Share	0.35	0.58	0.66	0.96	1.03	1.45

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 11, 2026

Data Sources Report a data error