M&G PLC
M&G PLC made £4.4bn revenue and £314m profit in the year to 31 Dec 2025.
M&G PLC’s revenue grew 8% to £4.4bn in the year to 31 Dec 2025, with £314m profit and 8,282 employees. The company is classified under “activities of financial services holding companies” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- Type
- Public Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £3.9bn | £4.1bn | £4.4bn |
| Operating profit | — | £1.3bn | £3.2bn |
| Profit before tax | £749m | £145m | £1.3bn |
| Profit after tax | £309m | −£347m | £314m |
| Profit (best available) | £309m | −£347m | £314m |
| Employees (average) | 8,145 | 8,454 | 8,282 |
| Ratios | |||
| Profit margin | 8% | −8.5% | 7.1% |
| Revenue per employee | £477k | £484k | £534k |
| Profit per employee | £37.9k | −£41k | £37.9k |
| Growth (year on year) | |||
| Revenue growth | — | ▲5.3% | ▲8.1% |
| Profit growth | — | ▼212.3% | — |
| Headcount growth | — | ▲3.8% | ▼2% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data May 2025 | Accounts · bulk data May 2025 | Accounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 7.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £534k
- Revenue ÷ average employees.
- Profit per employee
- £37.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▼2%
- Now 8,282
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (4)
- M&G Corporate Holdings LimitedFigures not disclosed
- M&G Group Regulated Entity Holding Company LimitedFigures not disclosed
- Prudential Capital Public Limited CompanyFigures not disclosed
- Prudential Financial Services LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £314m), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.