Is Barclays financially healthy?

On 30 September 2026 Barclays held 435.58B GBP in cash and short-term investments against total debt of 189.31B GBP. Its current ratio is 14.78: what falls due within a year against what turns into cash within a year.

Barclays's revenue grew 15.2% a year over its last five fiscal years, from 25.08B GBP in fiscal year 2020 to 50.83B GBP in fiscal year 2025. Over the last twelve months it was up 10.2% on the twelve months before.

Where can I find Barclays's annual report (20-F)?

Barclays, a company based outside the US, files its annual report (Form 20-F) and its interim reports (Form 6-K) with the US Securities and Exchange Commission, on its EDGAR site; the figures on these pages come from them.

Barclays
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Arincen ScoreBeta48/100

48/100B

22.330

USD

-0.50

(-2.19%)

Post Trading·22.505USD+0.175(+0.78%)

Last updated: 9 Nov, 04:40 GMT-5 · Delayed 15 min

Fair value23.04-3%10Price 22.3333

Q4 FY2026 · Earnings report

EPS estimate 0.48Revenue estimate 9.89B

Q4 FY2026 · Earnings report

Tuesday 9 February

EPS estimate 0.48Revenue estimate 9.89B

Fair value23.04-3%10Price 22.3333

Q4 FY2026 · Earnings report

EPS estimate 0.48Revenue estimate 9.89B

Q4 FY2026 · Earnings report

Tuesday 9 February

EPS estimate 0.48Revenue estimate 9.89B

Overview Financials Earnings Dividends Company

Barclays financials

Yes. Barclays earned 8.06B GBP of net income over the last twelve months, 26.2% of its revenue. It made a profit in 33 of its 41 fiscal years since 1985. Its last loss was in fiscal year 2017.

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 30.77B GBP
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 8.06B GBP
Cash and short-term investments: 435.58B GBP
Total debt: 189.31B GBP
Shareholders' equityWhat is a balance sheet? The balance sheet lists what a company owns (assets), what it owes (liabilities) and what is left for its shareholders (equity) on one date.: 64.25B GBP

Cash, debt and equity as of 30 Sept 2026.

Barclays earnings

Next earnings · Q4 FY2026

9 Feb 2027

EPS estimate

0.48 USD

Revenue estimate

9.89B USD

Last quarter · Q3 FY2026

EPS0.66Missed -1.5%Revenue9.84BMissed -2.5%

Revenue

ReportedEstimate

EPS

ReportedEstimate

Period	Report date	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
Q4 FY2026	9 Feb 2027	0.48	—	—	+4.35%	9.89B	—	—	+2.22%
Q3 FY2026	22 Oct 2026	0.67	0.66	-1.49%	+17.86%	10.10B	9.84B	-2.52%	+2.83%
Q2 FY2026	28 Jul 2026	0.89	0.90	+1.12%	+45.16%	10.78B	11.08B	+2.83%	+15.69%
Q1 FY2026	28 Apr 2026	0.75	0.76	+1.33%	+16.92%	10.88B	11.02B	+1.30%	+7.00%
Q4 FY2025	10 Feb 2026	0.42	0.46	+9.52%	+35.29%	9.42B	9.68B	+2.78%	+20.80%
Q3 FY2025	22 Oct 2025	0.54	0.56	+3.70%	0.00%	9.43B	9.57B	+1.48%	+12.82%
Q2 FY2025	29 Jul 2025	0.50	0.62	+24.00%	+51.22%	9.52B	9.58B	+0.67%	+18.41%

Period	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
FY2025	3.14	2.29	-27.10%	+25.14%	39.04B	39.13B	+0.22%	+17.60%
FY2024	2.21	1.83	-17.04%	+33.58%	32.95B	33.27B	+0.96%	+4.60%
FY2023	1.85	1.37	-25.80%	-5.52%	32.52B	31.81B	-2.20%	+3.86%
FY2022	1.94	1.45	-25.27%	-30.29%	29.55B	30.63B	+3.63%	+2.29%

Barclays growth and profitability

Full income statement

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 30.77B GBP
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 8.06B GBP
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.: 92.06%
Operating margin: 33.45%
Net margin: 26.21%

Revenue / Net income

Revenue Net income Net margin

Period	Revenue	Growth	Net income	Growth	Gross margin	Operating margin	Net margin	EBITDA	Growth
FY2025	50.83B	-10.85%	7.17B	+11.37%	57.33%	17.98%	14.11%	10.90B	+9.59%
FY2024	57.02B	+14.55%	6.44B	+24.49%	50.96%	14.52%	11.29%	9.94B	+20.60%
FY2023	49.77B	+49.48%	5.17B	-13.09%	51.96%	12.96%	10.39%	8.24B	-5.88%
FY2022	33.30B	+32.55%	5.95B	-15.07%	70.73%	21.15%	17.88%	8.76B	-11.24%
FY2021	25.12B	+0.16%	7.01B	+212.27%	87.39%	32.62%	27.90%	9.87B	+113.79%

Period	Revenue	Net income	Gross margin	Operating margin	Net margin
Q3 FY2026	7.36B	1.89B	93.22%	31.31%	25.62%
Q2 FY2026	8.40B	2.52B	93.15%	39.03%	30.03%
Q1 FY2026	8.15B	2.22B	89.68%	35.28%	27.28%
Q4 FY2025	6.86B	1.43B	92.30%	26.74%	20.90%
Q3 FY2025	6.71B	1.72B	90.56%	31.02%	25.57%

How Barclays makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Revenue50.83B 100.0%

Cost of revenue21.69B 42.7%

Gross profit29.14B 57.3%

Selling and administration2.73B 5.4%

Other operating expenses17.27B 34.0%

Operating income9.14B 18.0%

Tax1.93B 3.8%

Other expense41.00M 0.1%

Net income7.17B 14.1%

FY2025, in GBP. Each band is as wide as its money; the percentage is its share of revenue.

Operating and free cash flow

Full cash flow statement

Operating cash flow Free cash flow

Fiscal year	Operating cash flow	Free cash flow
FY2025	-6.21B	-8.07B
FY2024	7.11B	5.54B
FY2023	-927.00M	-2.65B
FY2022	30.23B	28.49B
FY2021	48.92B	47.20B
FY2020	57.51B	56.18B
FY2019	-12.30B	-14.09B
FY2018	8.50B	7.10B
FY2017	60.71B	59.26B
FY2016	11.29B	9.58B

Barclays financial health

Full balance sheet

Cash and short-term investments: 435.58B GBP
Total debt: 189.31B GBP
Net cash: 246.27B GBP
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 0.00 GBP
Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.: 14.78
Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.: 2.95
Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.: 6 / 9
Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.: 0.39

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow

Fiscal year	Cash and short-term investments	Total debt	Free cash flow
FY2025	407.56B	219.94B	-8.07B
FY2024	509.67B	185.75B	5.54B
FY2023	538.31B	176.55B	-2.65B
FY2022	542.42B	183.37B	28.49B
FY2021	521.33B	166.59B	47.20B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity

Fiscal year	Total assets	Total liabilities	Shareholders' equity
FY2025	1.54T	1.47T	77.78B
FY2024	1.52T	1.45T	71.82B
FY2023	1.48T	1.41T	71.20B
FY2022	1.51T	1.44T	68.29B
FY2021	1.38T	1.31T	69.05B
FY2020	1.35T	1.28T	65.80B
FY2019	1.14T	1.07T	64.43B
FY2018	1.13T	1.07T	62.56B
FY2017	1.13T	1.07T	63.91B
FY2016	1.21T	1.14T	64.87B

Barclays valuation

Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.: 8.27
Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.: 6.05
Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.: 1.89
Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.: 0.91
EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.: -18.27

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Market capitalization

77.83B USD

Total debt

252.93B USD

−

Cash and short-term investments

581.96B USD

Enterprise value

-251.21B USD

Valuation over time

Fiscal year	P/E	Forward P/E	P/S	P/B	EV/EBITDA
Now (TTM)	8.27	—	1.89	0.91	-18.27
FY2025	10.49	—	1.28	0.84	5.08
FY2024	7.37	—	0.69	0.55	1.48
FY2023	5.53	—	0.48	0.34	-2.93
FY2022	5.20	—	0.79	0.39	-5.33
FY2021	5.17	—	1.29	0.47	-4.00

Barclays against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Citigroup, Wells Fargo &, and Bank of America, the US Banks - Diversified companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

P/E (today)Below its median8.3
3.712.1
Gross marginAt its median57.3%
51.0%87.4%
Against its peers: 2 of 4Peers' median 56.1%
Operating marginAt its median18.0%
13.0%32.6%
Against its peers: 3 of 4Peers' median 19.7%
Net marginAt its median14.1%
10.4%27.9%
Against its peers: 3 of 4Peers' median 15.9%
Return on equityAbove its median9.2%
7.3%10.2%
Against its peers: 3 of 4Peers' median 10.1%
Free cash flow marginLowest in 5 years-15.9%
-15.9%187.9%
Against its peers: 3 of 4Peers' median -15.4%
Revenue growthLowest in 5 years-10.9%
-10.9%49.5%
Against its peers: 4 of 4Peers' median -1.4%
EPS growthAt its median28.6%
-16.7%323.5%
Against its peers: 1 of 4Peers' median 17.7%
Debt to EBITDAAt its median20.19×
16.88×21.42×
Against its peers: 3 of 4Peers' median 12.94×
Current ratioLowest in 5 years0.58
0.580.86
Against its peers: 1 of 4Peers' median 0.42

Figure	FY2025	5-year low – high	Against its history	Against its peers
P/E (today)	8.3	3.712.1	Below its median	—
Gross margin	57.3%	51.0%87.4%	At its median	2 of 4
Operating margin	18.0%	13.0%32.6%	At its median	3 of 4
Net margin	14.1%	10.4%27.9%	At its median	3 of 4
Return on equity	9.2%	7.3%10.2%	Above its median	3 of 4
Free cash flow margin	-15.9%	-15.9%187.9%	Lowest in 5 years	3 of 4
Revenue growth	-10.9%	-10.9%49.5%	Lowest in 5 years	4 of 4
EPS growth	28.6%	-16.7%323.5%	At its median	1 of 4
Debt to EBITDA	20.19×	16.88×21.42×	At its median	3 of 4
Current ratio	0.58	0.580.86	Lowest in 5 years	1 of 4

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Barclays dividends

Annual dividend: 0.64 USD
Dividend yield (indicated)What is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.: 2.86%
Payout ratioWhat is the payout ratio? The payout ratio is the share of a company's earnings paid out as dividends: dividends per share divided by earnings per share (EPS).: 22.84%
Years of dividend growthWhat are years of dividend growth? The years in a row a company has raised its dividend per share. 25 years make an S&P 500 company a Dividend Aristocrat; 50 make a Dividend King.: 3
Frequency: Semi-annual
Last payment: 0.32 USD
Last ex-dividend dateWhat is the ex-dividend date? The ex-dividend date is the first day a stock trades without its next dividend: buy before it to receive the payment; buy on or after it and the seller gets it.: 7 Aug 2026
Last payment date: 15 Sept 2026

Dividends per share

Year	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Dividends per share	0.44	0.42	0.38	0.33	0.17	0.31	0.36	0.24	0.15	0.25

Barclays ownership

InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.: 8.59%
Institutional holders: 582 (+50)
Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.: 95.31%

Who owns the shares

Institutions 8.6% Others 91.4%

As of 30 Jun 2026

Shares free to trade

Free float 3.32B shares ·95.3% Closely held 163.46M shares ·4.7%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Shares outstanding

Basic shares Diluted shares Change in diluted shares

Fiscal year	Basic shares	Diluted shares	Change in diluted shares
FY2025	3.45B	3.45B	-9.60%
FY2024	3.69B	3.82B	-3.93%
FY2023	3.86B	3.97B	-5.76%
FY2022	4.08B	4.22B	-3.17%
FY2021	4.25B	4.36B	-1.40%

Common questions about Barclays's financials

Source: Financial Modeling Prep

Barclays
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Barclays financials

Barclays earnings

Revenue

EPS

Barclays growth and profitability

Revenue / Net income

How Barclays makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Operating and free cash flow

Barclays financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Barclays valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Barclays against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Barclays dividends

Dividends per share

Barclays ownership

Who owns the shares

Shares free to trade

Shares outstanding

Common questions about Barclays's financials

Is Barclays profitable?

Is Barclays financially healthy?

Is Barclays growing?

Where can I find Barclays's annual report (20-F)?

Need help?

Barclays DQuotes are delayed by 15 minutes

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Barclays financials

Barclays earnings

Revenue

EPS

Barclays growth and profitability

Revenue / Net income

How Barclays makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Operating and free cash flow

Barclays financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Barclays valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Barclays against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Barclays dividends

Dividends per share

Barclays ownership

Who owns the shares

Shares free to trade

Shares outstanding

Common questions about Barclays's financials

Is Barclays profitable?

Is Barclays financially healthy?

Is Barclays growing?

Where can I find Barclays's annual report (20-F)?

Need help?

Barclays
D
Quotes are delayed by 15 minutes