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GSK plc GSK.L

GB · London Stock Exchange · XLON · stock · Healthcare · website

GSK plc statistics & valuation

Market cap£74.4B
P / E13.0×
P / S2.3×
P / B4.5×
P / FCF15.6×
Dividend yield3.45%
Net margin17.5%
Return on equity34.9%
FCF margin14.6%
Net debt£14.6B
Enterprise value USD$120.1B
Earnings yield EBIT/EV9.4%
Return on capital21%
Graham number -99.4%£11.30

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£11.30); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
51.00% 16.20% 8.20% 17.50% 2022202320242025
Gross margin (%)
67.40% 71.80% 71.20% 72.40% 2022202320242025
Operating margin (%)
22.90% 24.20% 17.70% 25.50% 2022202320242025
Return on equity (%)
141.10% 36.90% 18.80% 34.90% 2022202320242025
Shares outstanding
4.01B 4.01B 4.01B 4.01B 2022202320242025
Net debt (£)
£17.46B £15.27B £13.29B £14.57B 2022202320242025
Share buybacks (£)
£0 £0 £1.38B 2022202320242025
Return on assets (%)
24.90% 8.40% 4.30% 9.40% 2022202320242025
Free cash flow margin (%)
17.50% 14.60% 11.40% 14.60% 2022202320242025
Debt / equity (×)
1.98× 1.35× 1.24× 1.08× 2022202320242025
EPS (£)
£3.66 £1.20 £0.62 £1.39 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

GSK plc trades at about 1337.5× earnings — near its 10-year norm (10-year range 388.7×–2258.8×, median 1351.9×).

388.7× 2258.8×

Shaded band = 10-year range (388.7×–2258.8×); dot = today's 1337.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin72.4%71.2%71.8%67.4%
Operating margin25.5%17.7%24.2%22.9%
Net margin17.5%8.2%16.2%51.0%
FCF margin14.6%11.4%14.6%17.5%
Return on assets9.4%4.3%8.4%24.9%
Return on equity34.9%18.8%36.9%141.1%
Debt / equity0.86×1.00×1.06×1.53×
Current ratio0.820.780.880.91

Computed from company filings · GB · as of 2025-12-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.