M&G revenue and financials

MNG · LSE · GBp

312.40 GBpChange from previous close: −0.38%Absolute change: −1.20 GBp

Close · October 6, 2026

In the fiscal year ended December 2025, M&G reported revenue of £21.71B (+48.66% year over year). Net income was £302M, a net margin of 1.4%.

Annual revenue · 2025: £21.71B
  1. £13.9B2023
  2. £14.61B2024
  3. £21.71B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+48.66%
2025 vs 2024
Net margin
1.4%
2024: -2.5%

Financial data

Amounts in millions of GBP; per-share values in GBP; shares in millions.

Balance sheet · Annual
Item20252024202320222021
Total assets190,601184,224189,180191,158—
Cash and equivalents4,9044,8385,1484,884—
Net property, plant and equipment1,5371,6542,0651,953—
Goodwill1,4421,4581,5191,535—
Other intangible assets312256296342—
Long-term investments139,165136,034138,911136,211—
Accounts payable2,8572,4704,0034,656—
Long-term debt6,5196,4867,6477,537—
Total debt6,9126,9118,0347,957—
Total liabilities187,413180,901185,096186,847—
Total equity (incl. minority)3,1883,3234,0844,311—
Retained earnings14,27914,43515,22315,504—
Minority interest52.042.043.048.0—