Barclays PLC (BCS) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Diversified
EV/EBITDA
↑
4.84
↓-11% vs avg
5yr avg: 5.45
30Y Low1.3·High79.5
P/FCF
↑
N/A
—
5yr avg: 3.76
30Y Low0.6·High57.1
P/B Ratio
↑
0.82
+20% vs avg
5yr avg: 0.69
30Y Low0.4·High10.7
ROE
↓
9.5%
↓+6% vs avg
5yr avg: 9.0%
30Y Low-2%·High22%
Debt/EBITDA
↑
20.95
↓-4% vs avg
5yr avg: 21.91
30Y Low0.4·High44.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BCS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Barclays PLC trades at 10.8x earnings, 17% above its 5-year average of 9.2x, sitting at the 23rd percentile of its historical range. Compared to the Financial Services sector median P/E of 13.4x, the stock trades at a discount of 19%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $82.4B | $92.9B | $50.7B | $31.3B | $32.9B | $45.1B | $35.3B | $41.6B | $32.8B | $47.1B | $46.9B |
| Enterprise Value | $69.1B | $83.1B | $26.3B | $-16769850000 | $-40094350000 | $-26909750000 | $-11817170000 | $37.0B | $5.2B | $15.7B | $43.8B |
| P/E Ratio → | 10.78 | 15.52 | 9.49 | 7.30 | 6.50 | 7.19 | 23.50 | 17.00 | 20.38 | — | 27.50 |
| P/S Ratio | 2.26 | 3.46 | 0.89 | 0.63 | 0.99 | 1.72 | 1.41 | 1.59 | 1.28 | 1.99 | 1.58 |
| P/B Ratio | 0.82 | 1.19 | 0.70 | 0.44 | 0.47 | 0.64 | 0.53 | 0.63 | 0.51 | 0.71 | 0.66 |
| P/FCF | — | — | 9.16 | — | 1.15 | 0.95 | 0.63 | — | 4.61 | 0.79 | 4.89 |
| P/OCF | — | — | 7.13 | — | 1.09 | 0.92 | 0.61 | — | 3.85 | 0.78 | 4.15 |
P/E links to full P/E history page with 30-year chart
BCS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Barclays PLC's enterprise value stands at 4.8x EBITDA, 11% below its 5-year average of 5.4x. The Financial Services sector median is 11.4x, placing the stock at a 58% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.10 | 0.46 | -0.34 | -1.20 | -1.03 | -0.47 | 1.42 | 0.20 | 0.66 | 1.48 |
| EV / EBITDA | 4.84 | 7.92 | 2.98 | -2.39 | -5.24 | -2.98 | -3.39 | 7.46 | 1.27 | 4.07 | 10.72 |
| EV / EBIT | 5.09 | 9.37 | 3.19 | -2.60 | -5.70 | -3.33 | -4.10 | 8.67 | 1.45 | 4.67 | 12.62 |
| EV / FCF | — | — | 4.75 | — | -1.41 | -0.57 | -0.21 | — | 0.73 | 0.27 | 4.58 |
BCS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Barclays PLC earns an operating margin of 37.3%, significantly above the Financial Services sector average of 21.2%. Operating margins have expanded from 13.0% to 37.3% over the past 3 years, signaling improving operational efficiency. ROE of 9.5% is modest. ROIC of 2.7% represents below-average returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 108.6% | 108.6% | 51.0% | 52.0% | 70.7% | 90.2% | 68.2% | 69.7% | 71.4% | 74.9% | 74.6% |
| Operating Margin | 37.3% | 37.3% | 14.5% | 13.0% | 21.1% | 31.8% | 11.5% | 16.6% | 14.4% | 14.5% | 12.0% |
| Net Profit Margin | 26.7% | 26.7% | 11.3% | 10.4% | 17.9% | 27.2% | 8.9% | 12.5% | 9.7% | -5.0% | 7.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.5% | 9.5% | 8.9% | 7.3% | 8.5% | 10.4% | 3.4% | 5.0% | 3.8% | -1.7% | 3.3% |
| ROA | 0.5% | 0.5% | 0.4% | 0.3% | 0.4% | 0.5% | 0.2% | 0.3% | 0.2% | -0.1% | 0.2% |
| ROIC | 2.7% | 2.7% | 2.5% | 1.9% | 2.2% | 2.8% | 1.0% | 1.5% | 1.3% | 1.4% | 1.6% |
| ROCE | 1.2% | 1.2% | 1.0% | 0.8% | 0.9% | 1.1% | 0.4% | 0.7% | 0.5% | 0.5% | 0.5% |
BCS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Barclays PLC carries a Debt/EBITDA ratio of 21.0x, which is highly leveraged (407% above the sector average of 4.1x). The company holds a net cash position — cash of $229.8B exceeds total debt of $219.9B, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 0.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.81 | 2.81 | 2.56 | 2.46 | 2.65 | 2.38 | 2.15 | 2.22 | 2.34 | 2.12 | 1.39 |
| Debt / EBITDA | 20.95 | 20.95 | 21.05 | 25.16 | 23.95 | 18.42 | 41.26 | 29.37 | 36.34 | 36.10 | 24.28 |
| Net Debt / Equity | — | -0.13 | -0.34 | -0.67 | -1.05 | -1.03 | -0.70 | -0.07 | -0.43 | -0.48 | -0.04 |
| Net Debt / EBITDA | -0.93 | -0.93 | -2.77 | -6.85 | -9.53 | -7.96 | -13.50 | -0.93 | -6.70 | -8.10 | -0.74 |
| Debt / FCF | — | — | -4.41 | — | -2.56 | -1.53 | -0.84 | — | -3.88 | -0.53 | -0.32 |
| Interest Coverage | 0.42 | 0.42 | 0.32 | 0.29 | 0.82 | 2.51 | 0.81 | 0.71 | 0.63 | 0.92 | 0.70 |
Net cash position: cash ($229.8B) exceeds total debt ($219.9B)
BCS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.58x is below 1.0, meaning current liabilities exceed current assets — though the company's $229.8B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 0.84x to 0.58x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.58 | 0.58 | 0.77 | 0.84 | 0.82 | 0.86 | 0.83 | 0.75 | 0.85 | 0.90 | 0.47 |
| Quick Ratio | 0.58 | 0.58 | 0.77 | 0.84 | 0.82 | 0.86 | 0.83 | 0.75 | 0.85 | 0.90 | 0.47 |
| Cash Ratio | 0.33 | 0.33 | 0.32 | 0.35 | 0.39 | 0.40 | 0.35 | 0.31 | 0.38 | 0.39 | 0.24 |
| Asset Turnover | — | 0.02 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
BCS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Barclays PLC returns 13.5% to shareholders annually — split between a 3.4% dividend yield and 10.1% buyback yield. The payout ratio of 30.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 9.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.4% | 2.4% | 4.5% | 7.2% | 5.9% | 3.0% | 2.7% | 4.6% | 5.1% | 2.7% | 2.8% |
| Payout Ratio | 30.8% | 30.8% | 35.1% | 43.7% | 32.5% | 19.0% | 41.7% | 58.8% | 67.1% | — | 57.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.3% | 6.4% | 10.5% | 13.7% | 15.4% | 13.9% | 4.3% | 5.9% | 4.9% | — | 3.6% |
| FCF Yield | — | — | 10.9% | — | 86.6% | 104.7% | 159.2% | — | 21.7% | 125.8% | 20.4% |
| Buyback Yield | 10.1% | 6.6% | 9.9% | 16.8% | 12.6% | 3.7% | 4.0% | 7.4% | 12.4% | 4.1% | 3.7% |
| Total Shareholder Yield | 13.5% | 9.0% | 14.4% | 24.0% | 18.4% | 6.7% | 6.7% | 12.0% | 17.5% | 6.8% | 6.5% |
| Shares Outstanding | — | $3.7B | $3.8B | $4.0B | $4.2B | $4.4B | $4.4B | $4.4B | $4.3B | $4.3B | $4.3B |
Peer Comparison
Compare BCS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BCSYou | $82B | 10.8 | 4.8 | — | 108.6% | 37.3% | 9.5% | 2.7% | 21.0 |
 DB | $61B | 8.8 | 13.9 | — | 49.9% | 16.0% | 8.7% | 2.6% | 26.2 |
 UBS | $140B | 24.2 | 30.0 | — | 63.6% | 11.9% | 7.0% | 1.2% | 37.3 |
 HSBC | $314B | 15.1 | 16.4 | 12.5 | 54.6% | 20.3% | 11.8% | 4.0% | 15.5 |
 LYG | $80B | 14.8 | 14.6 | — | 29.9% | 10.2% | 9.9% | 3.6% | 14.3 |
 NWG | $31B | 4.3 | 1.1 | 3.9 | 56.3% | 26.1% | 14.2% | 5.3% | 8.1 |
 SAN | $182B | 12.1 | 21.6 | — | 40.0% | 15.6% | 12.8% | 2.3% | 22.7 |
 GS | $291B | 23.1 | 34.9 | — | 41.1% | 14.5% | 12.0% | 1.9% | 29.7 |
 MS | $308B | 24.3 | 26.0 | — | 55.6% | 17.1% | 13.0% | 2.9% | 15.8 |
 JPM | $849B | 15.9 | 13.6 | — | 58.6% | 27.7% | 17.4% | 5.4% | 9.0 |
 C | $223B | 21.4 | 25.1 | — | 41.7% | 10.0% | 6.1% | 1.6% | 27.7 |
| Financial Services Median | — | 13.4 | 11.4 | 10.6 | 63.4% | 21.2% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonBCS — Frequently Asked Questions
Quick answers to the most common questions about buying BCS stock.
What is Barclays PLC's P/E ratio?
Barclays PLC's current P/E ratio is 10.8x. The historical average is 24.4x. This places it at the 23th percentile of its historical range.
What is Barclays PLC's EV/EBITDA?
Barclays PLC's current EV/EBITDA is 4.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 25.7x.
What is Barclays PLC's ROE?
Barclays PLC's return on equity (ROE) is 9.5%. The historical average is 9.8%.
Is BCS stock overvalued?
Based on historical data, Barclays PLC is trading at a P/E of 10.8x. This is at the 23th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Barclays PLC's dividend yield?
Barclays PLC's current dividend yield is 3.42% with a payout ratio of 30.8%.
What are Barclays PLC's profit margins?
Barclays PLC has 108.6% gross margin and 37.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Barclays PLC have?
Barclays PLC's Debt/EBITDA ratio is 21.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.