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In its 2024/25 financial year, Tesco’s annual revenue amounted to more than **** billion British pounds in the United Kingdom and the Republic of Ireland. This was an increase of over **** billion pounds compared to the prior financial year. The company’s profit in the UK and the ROI increased and came to 2.74 billion in 2024/25. 

Tesco in profile

Tesco PLC was the leading grocer on the UK market as of March 2025 and has been since the start of the millennium. The company, which originated in Hertfordshire, employed over 341,000 people worldwide in 2025. Founded in 1919 by Jack Cohen, the company generates most of its revenue on the UK market and operated in other European and Asian countries, before selling the Asian business in 2020. 

Developments in the grocery market

As of March 2025, Tesco's market share of the grocery market in Great Britain amounted to **** percent. Tesco's market share has remained relatively stable over the survey period, fluctuating between ** and ** percent. The other companies from the so-called ‘big four’, Asda, Sainsbury’s and Morrisons have seen a decline of their market shares. Winners on the market were the German discounters Lidl and Aldi. Aldi recently took over * place in the grocery store ranking from Morrisons for the first time.