Legal & General Group Stock

Legal & General Group ROA 2024

Legal & General Group ROA

0

Ticker

LGEN.L

ISIN

GB0005603997

WKN

851584

In 2024, Legal & General Group's return on assets (ROA) was 0, a -42.62% increase from the 0 ROA in the previous year.

Legal & General Group Aktienanalyse

What does Legal & General Group do?

Legal & General Group PLC is a British insurance company that was founded in 1836. The company is headquartered in London and employs over 8,000 people worldwide. Legal & General specializes in life, health, pension, and accident insurance for individuals, as well as financial products for institutional customers. The company is one of the largest financial services companies in the UK. Legal & General's business model is based on the principle of earning money for the customer while reducing risk for them. By taking out insurance, customers are protected against potential risks. Legal & General offers a wide range of tailored insurance products to meet individual needs. The company is divided into four main business areas: Retirement, Insurance, Savings, and Investment Management. The Retirement segment encompasses pension and retirement business. Legal & General offers various products in this area, including the "Lifetime Mortgage," a type of reverse mortgage where older individuals can use their home as a source of income. The company also offers different investment products to help customers save for retirement. In the Insurance segment, Legal & General offers various insurance products, including life insurance, health insurance, disability insurance, and home insurance. By taking out insurance, customers are protected and financially supported in the event of a claim. Legal & General is also active in the investment fund sector. Under the Savings segment, the company offers different funds tailored to various investment strategies, such as equity or bond funds. These funds aim to help customers invest their money and generate returns. In the Investment Management segment, Legal & General manages the assets of institutional customers. The company offers a wide range of products tailored to individual customer needs. Legal & General focuses on long-term investment strategies and works closely with customers to achieve high returns. In recent years, Legal & General has also placed increased emphasis on sustainability. The company has committed to aligning its investment strategies and decisions with sustainability. Additionally, Legal & General has established its own ESG (Environment, Social, Governance) department to address sustainability issues. Overall, Legal & General is a diverse financial services company that offers a wide range of insurance, investment products, and investment solutions to its customers. With its four main business segments, the company is well-diversified and able to meet different customer needs. Legal & General prioritizes long-term investment strategies and aims to achieve high returns for its customers. Legal & General Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Legal & General Group's Return on Assets (ROA)

Legal & General Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Legal & General Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Legal & General Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Legal & General Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Legal & General Group stock

What is the Return on Assets (ROA) of Legal & General Group this year?

The Return on Assets (ROA) of Legal & General Group is 0 undefined this year.

What was the ROA of Legal & General Group compared to the previous year?

The ROA of Legal & General Group has increased by -42.62% compared to the previous year.

What consequences do high ROA have for investors of Legal & General Group?

A high ROA is advantageous for investors of Legal & General Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Legal & General Group?

A low ROA can be unfavorable for investors of Legal & General Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Legal & General Group affect the company?

An increase in ROA of Legal & General Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Legal & General Group impact the company?

A reduction in the ROA of Legal & General Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Legal & General Group?

Some factors that can influence the ROA of Legal & General Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Legal & General Group important for investors?

The ROA of Legal & General Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Legal & General Group take to improve ROA?

To improve ROA, Legal & General Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Legal & General Group pay?

Over the past 12 months, Legal & General Group paid a dividend of 0.2 GBP . This corresponds to a dividend yield of about 8.73 %. For the coming 12 months, Legal & General Group is expected to pay a dividend of 0.19 GBP.

What is the dividend yield of Legal & General Group?

The current dividend yield of Legal & General Group is 8.73 %.

When does Legal & General Group pay dividends?

Legal & General Group pays a quarterly dividend. This is distributed in the months of September, May, September, September.

How secure is the dividend of Legal & General Group?

Legal & General Group paid dividends every year for the past 23 years.

What is the dividend of Legal & General Group?

For the upcoming 12 months, dividends amounting to 0.19 GBP are expected. This corresponds to a dividend yield of 8.43 %.

In which sector is Legal & General Group located?

Legal & General Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Legal & General Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Legal & General Group from 9/27/2024 amounting to 0.08 GBP, you needed to have the stock in your portfolio before the ex-date on 8/23/2024.

When did Legal & General Group pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Legal & General Group in the year 2023?

In the year 2023, Legal & General Group distributed 0.187 GBP as dividends.

In which currency does Legal & General Group pay out the dividend?

The dividends of Legal & General Group are distributed in GBP.

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Andere Kennzahlen von Legal & General Group

Our stock analysis for Legal & General Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Legal & General Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.