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 · Quarterly
ItemQ2 2026Q4 2025Q2 2025
Total assets194,958190,601184,082
Cash and equivalents5,4174,9045,283
Net property, plant and equipment8221,5371,495
Goodwill—1,442—
Other intangible assets1,7803121,754
Long-term investments143,083139,165132,602
Accounts payable—2,857—
Long-term debt6,0746,5196,352
Total debt6,4616,9126,756
Total liabilities192,293187,413180,813
Total equity (incl. minority)2,6653,1883,269
Retained earnings13,77014,27914,389
Minority interest45.052.040.0