Did Legal & General Group Plc (LON:LGEN) Use Debt To Deliver Its ROE Of 12%? [Yahoo! Finance]
LEGAL&GENL GRP PLC S/ADR (LGGNY)
NASDAQ:AMEX Investor Relations:
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Company Research
Source: Yahoo! Finance
This article is for those who would like to learn about Return On Equity (ROE). To keep the lesson grounded in practicality, we'll use ROE to better understand Legal & General Group Plc ( LON:LGEN Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Legal & General Group is: 12% = UK£301m ÷ UK£2.4b (Based on the trailing twelve months to June 2025). The 'return' is the yearly profit. Another way to think of that is that for every £1 worth of equity, the company was
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- Legal & General Group (OTCMKTS:LGGNY) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
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