30 years of historical data (1996–2025) · Financial Services · Banks - Diversified
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Barclays PLC trades at 11.0x earnings, 20% 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 13.8x, the stock trades at a discount of 20%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $83.7B | $92.9B | $50.7B | $31.3B | $32.9B | $45.1B | $35.3B | $41.6B | $32.8B | $47.1B | $46.9B |
| Enterprise Value | $356.7B | $29.6B | $26.3B | $-16769850000 | $-40094350000 | $-26909750000 | $-11817170000 | $37.0B | $5.2B | $15.7B | $43.8B |
| P/E Ratio → | 11.00 | 15.52 | 9.49 | 7.30 | 6.50 | 7.19 | 23.50 | 17.00 | 20.38 | — | 27.50 |
| P/S Ratio | 2.32 | 3.46 | 0.98 | 1.33 | 1.39 | 2.00 | 1.39 | 1.50 | 1.55 | 2.23 | 2.19 |
| P/B Ratio | 0.84 | 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
Enterprise-value multiples — capital-structure-neutral measures of total business value
Barclays PLC's enterprise value stands at 28.5x EBITDA, 872% above its 5-year average of 2.9x. The Financial Services sector median is 11.1x, placing the stock at a 157% premium 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 | — | 1.10 | 0.51 | -0.71 | -1.69 | -1.19 | -0.47 | 1.34 | 0.25 | 0.75 | 2.04 |
| EV / EBITDA | 28.47 | 3.18 | 2.68 | -1.79 | -3.80 | -2.51 | -2.46 | 6.30 | 0.74 | 2.62 | 7.07 |
| EV / EBIT | 28.47 | 3.18 | 3.24 | -2.56 | -5.72 | -3.28 | -3.86 | 8.49 | — | 4.53 | 13.57 |
| EV / FCF | — | — | 4.75 | — | -1.41 | -0.57 | -0.21 | — | 0.73 | 0.27 | 4.58 |
Margins and return-on-capital ratios measuring operating efficiency
Barclays PLC earns an operating margin of 34.7%, above the Financial Services sector average of 21.9%. Operating margins have expanded from 32.3% to 34.7% over the past 3 years, signaling improving operational efficiency. ROE of 9.5% is modest. ROIC of 1.8% represents below-average returns on invested capital versus a sector median of 5.4%.
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 | 100.0% | 100.0% | 50.8% | 108.0% | 105.1% | 97.1% | 85.1% | 78.1% | 100.0% | 100.0% | 99.9% |
| Operating Margin | 34.7% | 34.7% | 15.7% | 32.3% | 37.2% | 40.0% | 12.1% | 15.7% | 27.3% | 23.0% | 23.0% |
| Net Profit Margin | 26.7% | 26.7% | 12.2% | 22.4% | 25.0% | 31.0% | 9.4% | 11.8% | 10.2% | -6.1% | 9.7% |
| 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% | 8.7% | 7.5% | 8.5% | 10.2% | 3.6% | 5.1% | 3.3% | -1.9% | 3.0% |
| ROA | 0.5% | 0.5% | 0.4% | 0.4% | 0.4% | 0.5% | 0.2% | 0.3% | 0.2% | -0.1% | 0.2% |
| ROIC | 1.8% | 1.8% | 2.4% | 2.3% | 2.7% | 3.0% | 1.1% | 1.5% | 2.1% | 1.9% | 2.3% |
| ROCE | 0.9% | 0.9% | 1.0% | 0.9% | 1.1% | 1.1% | 0.4% | 0.7% | 0.8% | 0.7% | 0.7% |
Solvency and debt-coverage ratios — lower is generally safer
Barclays PLC carries a Debt/EBITDA ratio of 46.9x, which is highly leveraged (1043% above the sector average of 4.1x). The company holds a net cash position — cash of $234.1B exceeds total debt of $437.0B, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 5.59 | 5.59 | 2.56 | 2.46 | 2.65 | 2.38 | 2.15 | 2.22 | 2.34 | 2.12 | 1.39 |
| Debt / EBITDA | 46.93 | 46.93 | 18.94 | 18.82 | 17.37 | 15.56 | 30.01 | 24.78 | 21.28 | 23.29 | 16.01 |
| Net Debt / Equity | — | -0.81 | -0.34 | -0.67 | -1.05 | -1.03 | -0.70 | -0.07 | -0.43 | -0.48 | -0.04 |
| Net Debt / EBITDA | -6.80 | -6.80 | -2.49 | -5.13 | -6.91 | -6.73 | -9.82 | -0.78 | -3.92 | -5.23 | -0.49 |
| Debt / FCF | — | — | -4.41 | — | -2.56 | -1.53 | -0.84 | — | -3.88 | -0.53 | -0.32 |
| Interest Coverage | — | — | 0.32 | 0.34 | 1.04 | 2.85 | 0.81 | 0.72 | 1.05 | 1.28 | 1.23 |
Net cash position: cash ($234.1B) exceeds total debt ($437.0B)
Short-term solvency ratios and asset-utilisation metrics
Barclays PLC's current ratio of 2.19x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 0.84x to 2.19x 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 | 2.19 | 2.19 | 0.77 | 0.84 | 0.82 | 0.86 | 0.83 | 0.75 | 0.85 | 0.90 | 0.47 |
| Quick Ratio | 2.19 | 2.19 | 0.77 | 0.84 | 0.82 | 0.86 | 0.83 | 0.75 | 0.85 | 0.90 | 0.47 |
| Cash Ratio | 0.62 | 0.62 | 0.32 | 0.35 | 0.39 | 0.40 | 0.35 | 0.31 | 0.38 | 0.39 | 0.24 |
| Asset Turnover | — | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Barclays PLC returns 13.2% to shareholders annually — split between a 3.4% dividend yield and 9.9% buyback yield. The payout ratio of 30.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 9.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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% | 35.8% | 43.0% | 32.6% | 19.4% | 39.3% | 58.4% | 77.3% | — | 62.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.1% | 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 | 9.9% | 6.6% | 9.9% | 16.8% | 12.6% | 3.7% | 4.0% | 7.4% | 12.4% | 4.1% | 3.7% |
| Total Shareholder Yield | 13.2% | 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 |
Compare BCS with 5 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| BCSYou | $84B | 11.0 | 28.5 | — | 100.0% | 34.7% | 9.5% | 1.8% | 46.9 |
| HSBC | $320B | 15.0 | 7.6 | 5.2 | 47.0% | 22.5% | 12.5% | 4.6% | 6.7 |
| SAN | $181B | 13.6 | 18.8 | — | 39.4% | 14.6% | 11.9% | 2.8% | 21.7 |
| BBVA | $131B | 11.7 | 10.1 | — | 100.0% | 56.6% | 17.4% | 6.1% | 7.4 |
| ING | $83B | 11.5 | 20.4 | — | 94.3% | 39.7% | 12.4% | 3.1% | 18.5 |
| NWG | $66B | 11.6 | 3.0 | 70.9 | 51.3% | 21.7% | 12.5% | 4.6% | 9.1 |
| Financial Services Median | — | 13.8 | 11.1 | 11.2 | 60.2% | 21.9% | 9.1% | 5.4% | 4.1 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonBarclays PLC's current P/E ratio is 11.0x. The historical average is 24.4x. This places it at the 23th percentile of its historical range.
Barclays PLC's current EV/EBITDA is 28.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.5x.
Barclays PLC's return on equity (ROE) is 9.5%. The historical average is 10.2%.
Based on historical data, Barclays PLC is trading at a P/E of 11.0x. This is at the 23th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Barclays PLC's current dividend yield is 3.35% with a payout ratio of 30.8%.
Barclays PLC has 100.0% gross margin and 34.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Barclays PLC's Debt/EBITDA ratio is 46.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.