M&G revenue and financials
309.30 GBpChange from previous close: −0.99%Absolute change: −3.10 GBp
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%.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 953 | 677 | 1,719 | -504 | — |
| Capital expenditure | -175 | -289 | -496 | -573 | — |
| Investing cash flow | -152 | 152 | -603 | -368 | — |
| Financing cash flow | -697 | -1,142 | -680 | -1,202 | — |
| Dividends paid | -482 | -468 | -462 | -465 | — |
| Share repurchases | — | — | 0.0 | -503 | 0.0 |
| Debt repaid | 0.0 | -450 | 0.0 | — | — |
| Effect of exchange rates | -38.0 | 3.0 | -27.0 | 50.0 | — |
| Net change in cash | 104 | -313 | 436 | -2,074 | — |
| Free cash flow | 778 | 388 | 1,223 | -1,077 | — |