Last 48 quarters of trend data · Financial Services · Banks - Diversified
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Barclays PLC's quarterly P/E stands at 18.7x, up 40.8% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 17.3% YoY to 3.3x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 11.00 | 18.71 | 12.92 | 10.56 | 7.38 | 13.29 | 6.90 | 8.64 | 5.91 | — | 5.90 | — | 4.09 |
| — | +40.8% | +87.1% | +22.3% | +25.0% | — | +17.0% | — | +44.6% | — | +40.2% | — | -29.7% | |
| P/S Ratio | 2.32 | 3.40 | 2.53 | 2.46 | 1.78 | 2.23 | 1.70 | 1.79 | 1.27 | 1.55 | 1.20 | 1.29 | 0.98 |
| — | +52.6% | +49.0% | +37.6% | +40.1% | +43.5% | +41.8% | +38.2% | +30.0% | +0.1% | +10.5% | +6.1% | -22.8% | |
| P/B Ratio | 0.84 | 1.13 | 0.94 | 0.86 | 0.73 | 0.70 | 0.62 | 0.59 | 0.49 | 0.44 | 0.43 | 0.45 | 0.40 |
| — | +61.3% | +52.1% | +46.4% | +48.7% | +60.7% | +42.8% | +32.5% | +22.0% | -8.2% | +14.5% | -0.7% | -15.4% | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 28.47 | 3.27 | -16.85 | — | -6.80 | 3.96 | -7.82 | — | -10.66 | — | -401.30 | — | -10.66 |
| — | -17.3% | -115.5% | — | +36.2% | — | +98.1% | — | +0.0% | — | -456.6% | — | +13.1% | |
| EV / EBIT | 28.47 | 3.27 | -16.85 | — | -6.80 | 3.96 | -7.82 | — | -10.66 | — | -15.75 | — | -10.66 |
| — | -17.3% | -115.5% | — | +36.2% | — | +50.4% | — | +0.0% | — | -25.1% | — | +13.1% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Barclays PLC's operating margin was 29.4% in Q4 2025, down 7.9 pp QoQ and up 208.9 pp YoY. The trailing four-quarter average of 19.5% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 22.0% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 128.2% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| — | -22.0% | 0.0% | 0.0% | 0.0% | +28.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Operating Margin | 34.7% | 29.4% | 37.3% | -23.8% | 35.3% | -179.6% | 34.3% | -32.2% | 32.7% | -215.1% | 30.0% | -34.4% | 35.9% |
| — | +116.4% | +8.6% | +26.2% | +7.7% | +16.5% | +14.4% | +6.4% | -8.8% | -16.7% | -9.2% | -196.4% | +4.4% | |
| Net Margin | 26.7% | 22.4% | 23.9% | 28.4% | 27.2% | 20.9% | 27.8% | 25.1% | 26.0% | 2.1% | 24.5% | 26.9% | 28.0% |
| — | +6.8% | -13.9% | +13.6% | +4.5% | +878.4% | +13.3% | -6.8% | -7.2% | -91.4% | -15.1% | +37.7% | +12.5% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.5% | 1.9% | 2.2% | 2.5% | 2.8% | 1.7% | 2.5% | 2.1% | 2.5% | 0.2% | 2.2% | 2.3% | 2.9% |
| — | +13.2% | -11.8% | +21.9% | +12.9% | +979.3% | +13.6% | -9.6% | -13.5% | -92.0% | -10.1% | +25.9% | +24.9% | |
| ROA | 0.5% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.0% | 0.1% | 0.1% | 0.1% |
| — | +17.1% | -9.2% | +26.8% | +13.8% | +1017.1% | +19.8% | -8.3% | -10.9% | -91.4% | -5.8% | +25.0% | +18.2% | |
| ROIC | 1.8% | 0.4% | 1.0% | -0.6% | 0.9% | -3.6% | 1.0% | -0.8% | 0.8% | -3.8% | 0.8% | -0.8% | 0.9% |
| — | +110.9% | +1.1% | +18.4% | +18.1% | +5.6% | +24.7% | +3.3% | -10.3% | -16.5% | +3.5% | -175.1% | +10.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Barclays PLC's Debt/EBITDA ratio is 228.9x, up from 53.9x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 4 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 5.59 | 5.59 | 1.87 | 1.54 | 1.46 | 2.56 | 1.41 | 1.51 | 1.64 | 2.46 | 1.65 | 1.69 | 1.79 |
| — | +118.0% | +33.2% | +1.8% | -10.9% | +4.3% | -14.9% | -10.7% | -8.4% | -7.2% | -14.9% | -6.5% | +1.8% | |
| Debt / EBITDA | 46.93 | 228.95 | 53.93 | — | 40.65 | 111.83 | 45.14 | — | 52.17 | — | 1540.73 | — | 48.78 |
| — | +104.7% | +19.5% | — | -22.1% | — | -97.1% | — | +7.0% | — | +301.4% | — | -10.9% | |
| Current Ratio | 2.19 | — | 0.80 | 0.36 | 0.67 | 0.77 | 0.67 | 0.72 | 0.72 | 0.84 | 0.67 | 0.67 | 0.63 |
| — | — | +19.2% | -50.7% | -6.8% | -8.6% | +0.2% | +7.3% | +15.4% | +2.1% | +14.8% | +5.5% | -2.7% | |
| Quick Ratio | 2.19 | — | 0.80 | 0.36 | 0.67 | 0.77 | 0.67 | 0.72 | 0.72 | 0.84 | 0.67 | 0.67 | 0.63 |
| — | — | +19.2% | -50.7% | -6.8% | -8.6% | +0.2% | +7.3% | +15.4% | +2.1% | +14.8% | +5.5% | -2.7% | |
| Interest Coverage | — | — | — | — | — | -0.40 | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Start ComparisonBarclays PLC's current P/E is 11.0x. The average P/E over the last 4 quarters is 12.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Barclays PLC's current operating margin is 34.7%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Barclays PLC's business trajectory between earnings reports.