Barclays PLC (BCS) Key Metrics
BCS key metrics, 2015–2025
Fiscal year ended December 31, 2025 · British poundsBCS returns How much profit the business earns on the capital it uses.
BCS financial health Debt, liquidity and how easily interest is covered.
BCS efficiency & capital use Working capital cycle and where the cash goes.
BCS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BCS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BCS cash returned to shareholders
BCS key metrics in British pounds
2015–2025| 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 9.2% | 7.9% | 0.9% | 0.6% | 0.2% | 0.6% | 3.9% | −1.8% | 3.7% | −0.1% |
| Return on invested capital (ROIC) | — | — | — | 0.6% | 0.2% | 0.8% | — | — | — | — |
| Return on assets (ROA) | 0.5% | 0.3% | 0.4% | 0.5% | 0.2% | 0.3% | 0.2% | −0.1% | 0.2% | −0.0% |
| Return on tangible assets | 0.5% | 0.4% | 0.4% | 0.5% | 0.2% | 0.3% | 0.2% | −0.1% | 0.2% | −0.0% |
| Free cash flow margin | −15.9% | −5.3% | 85.5% | 187.9% | 224.0% | −54.0% | 27.8% | 250.1% | 32.4% | 69.2% |
| Income quality (OCF / net income) | −0.87 | −0.18 | 5.08 | 6.98 | 25.62 | −3.78 | 3.44 | — | 4.94 | — |
| Financial health | ||||||||||
| Total debt | £219.94B | £176.65B | £136.51B | £141.29B | £107.55B | £110.61B | £149.52B | £139.72B | £99.31B | £90.62B |
| Cash & short-term investments | £407.56B | £224.63B | £256.35B | £238.57B | £191.13B | £150.26B | £395.37B | £394.29B | £196.05B | £156.26B |
| Net debt | −£187.62B | −£47.98B | −£119.84B | −£97.28B | −£83.57B | −£39.65B | −£245.85B | −£254.56B | −£96.73B | −£65.64B |
| Debt / equity | 2.83 | 2.86 | 1.97 | 0.11 | 0.09 | 0.11 | 2.39 | 2.19 | 1.53 | 1.52 |
| Debt / assets | 0.14 | 0.12 | 0.09 | 0.10 | 0.08 | 0.10 | 0.13 | 0.12 | 0.08 | 0.08 |
| Net debt / EBITDA | −17.22 | −5.82 | −13.68 | −9.86 | −18.11 | −6.85 | −50.55 | −55.22 | −20.44 | −27.84 |
| Current ratio | 0.58 | 5.07 | 0.59 | 0.60 | 0.48 | 0.48 | 0.85 | 0.90 | 0.47 | 0.32 |
| Quick ratio | 0.58 | 5.07 | 0.59 | 0.60 | 0.48 | 0.48 | 0.85 | 0.90 | 0.47 | 0.32 |
| Interest coverage | 0.4 | 0.3 | 0.8 | 2.6 | 0.8 | 0.7 | 0.6 | 0.9 | 0.7 | 0.3 |
| Working capital | −£289.81B | £410.04B | −£179.94B | −£157.97B | −£210.63B | −£164.86B | −£69.03B | −£43.82B | −£226.49B | −£340.02B |
| Invested capital | −£109.84B | £13.79B | −£50.58B | £1.18T | £1.17T | £1.01T | −£183.30B | −£190.66B | −£31.86B | −£5.83B |
| Tangible asset value | £69.95B | £53.98B | £61.02B | £1.26T | £1.25T | £1.04T | £55.81B | £58.17B | £63.64B | £57.64B |
| Net current asset value | −£1.06T | −£904.88B | −£1.19T | £126.95B | £98.99B | £55.73B | −£674.13B | −£670.55B | −£942.82B | −£894.88B |
| Capital allocation | ||||||||||
| Dividends paid | £2.21B | £2.26B | £1.98B | £1.36B | £936.0M | £1.91B | £1.66B | £1.27B | £1.30B | £1.50B |
| Share buybacks (net) | £6.14B | £5.25B | £4.13B | £1.67B | £1.41B | £3.08B | £4.07B | £1.92B | £1.73B | £679.0M |
| Dividend payout ratio | 30.8% | 43.7% | 33.2% | 19.4% | 41.7% | 58.8% | 67.1% | — | 57.0% | — |
| Dividends + buybacks / free cash flow | — | — | 21.5% | 6.4% | 4.2% | — | 80.6% | 5.4% | 31.6% | 14.2% |
| Capex / revenue | 3.7% | 3.5% | 5.2% | 6.8% | 5.3% | 6.9% | 5.5% | 6.1% | 5.8% | 3.9% |
| Capex / operating cash flow | — | — | 5.8% | 3.5% | 2.3% | — | 16.5% | 2.4% | 15.1% | 5.3% |
| Capex / depreciation | 1.06 | 0.96 | 0.98 | 0.83 | 0.76 | 1.18 | 1.11 | 1.17 | 1.35 | 0.70 |
| Stock-based compensation / revenue | 1.3% | 1.0% | 1.5% | 1.9% | 1.7% | 1.8% | 1.8% | 2.1% | 2.2% | 2.4% |
| SG&A / revenue | 5.4% | 24.8% | 34.4% | 7.8% | 37.7% | 38.8% | 44.5% | 43.8% | 42.9% | 50.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 2.0 | — | 3.5 | 5.4 | 6.5 | 8.5 | 9.2 | 8.0 | 31.6 | 75.4 |
| Days payables outstanding | — | 1.3 | 5.4 | 16.7 | 6.9 | 9,854.1 | 20,730.9 | 24,392.0 | 45,670.3 | 97,973.7 |
| Cash conversion cycle (days) | — | — | -1.8 | -11.3 | -0.4 | -9,845.6 | -20,721.7 | -24,384.0 | -45,638.7 | -97,898.2 |
| Receivables turnover | 184.16 | — | 103.09 | 68.08 | 56.42 | 43.16 | 39.87 | 45.43 | 11.55 | 4.84 |
| Payables turnover | — | 274.87 | 67.92 | 21.84 | 52.92 | 0.04 | 0.02 | 0.01 | 0.01 | 0.00 |
| Asset turnover | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 |
| Average receivables | £276.0M | — | £323.0M | £369.0M | £444.5M | £605.0M | £640.0M | £521.5M | £2.56B | £4.57B |
| Average payables | — | £87.0M | £143.5M | £145.0M | £150.5M | £213.37B | £414.83B | £396.95B | £940.23B | £1.49T |
| Average inventory | — | — | — | — | — | £0 | £0 | £0 | £0 | £0 |
| Intangibles / total assets | 0.5% | 0.5% | 0.5% | 0.6% | 0.6% | 0.7% | 0.7% | 0.7% | 0.6% | 0.7% |
Computed from BCS's annual financial statements (latest annual report filed February 10, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in British pounds; data from EODHD. Averages use the opening and closing balance of each year.
BCS valuation and financial ratios
Barclays earned a return on equity of 9.2% in fiscal 2025. It ended the year with £219.9 billion of debt and £407.6 billion in cash and short-term investments, a net cash position of £187.6 billion. It returned £8.3 billion to shareholders: £2.2 billion in dividends and £6.1 billion in share buybacks.
See the BCS income statement, the BCS chart for price history, or the BCS stock overview for the latest quote and news.
BCS key metrics FAQ
What is Barclays's return on equity?
Barclays's return on equity (ROE) was 9.2% in fiscal 2025: net income of £7.2 billion on average shareholders' equity of £69.8 billion.
How much debt does Barclays have?
Barclays had total debt of £219.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 2.83 and more cash than debt.
Does Barclays buy back its shares?
Yes. Barclays spent £6.1 billion on net share repurchases in fiscal 2025.
What is Barclays's current ratio?
Barclays's current ratio was 0.58 at the end of fiscal 2025: current assets were 0.58 times current liabilities.