National Grid plc (FRA:NNGD)
Germany · Delayed Price · Currency is EUR 69.00
+1.00 (1.47%)
Last updated: Jan 28, 2026, 8:12 AM CET
National Grid Income Statement
Financials in millions GBP. Fiscal year is April - March.
Millions GBP. Fiscal year is Apr - Mar.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 | Mar '21 Mar 31, 2021 |
| 17,482 | 18,378 | 19,850 | 21,659 | 18,449 | 13,665 | |
Revenue Growth (YoY) | -9.52% | -7.42% | -8.35% | 17.40% | 35.01% | 2.28% |
Provision for Bad Debts | 177 | 200 | 179 | 220 | 167 | 325 |
Other Operating Expenses | 12,011 | 13,188 | 14,085 | 17,234 | 14,077 | 10,930 |
Total Operating Expenses | 12,188 | 13,388 | 14,264 | 17,454 | 14,244 | 11,255 |
Operating Income | 5,294 | 4,990 | 5,586 | 4,205 | 4,205 | 2,410 |
Interest Expense | -1,664 | -1,680 | -1,621 | -1,592 | -1,084 | -772 |
Interest Income | 317 | 342 | 140 | 81 | 35 | 35 |
Net Interest Expense | -1,347 | -1,338 | -1,481 | -1,511 | -1,049 | -737 |
Income (Loss) on Equity Investments | 55 | 73 | 37 | 171 | 92 | 58 |
Other Non-Operating Income (Expenses) | -166 | -118 | -87 | -6 | 42 | -30 |
EBT Excluding Unusual Items | 3,836 | 3,607 | 4,055 | 2,859 | 3,290 | 1,701 |
Restructuring Charges | -47 | -74 | -65 | -100 | -42 | - |
Total Merger & Restructuring Charges | -84 | -65 | -44 | -117 | -223 | -24 |
Gain (Loss) on Sale of Investments | -302 | -302 | 4 | 307 | 402 | 23 |
Gain (Loss) on Sale of Assets | 91 | 187 | - | 511 | - | - |
Insurance Settlements | - | - | 92 | 130 | 38 | - |
Other Unusual Items | 298 | 297 | -994 | - | -24 | -36 |
Pretax Income | 3,792 | 3,650 | 3,048 | 3,590 | 3,441 | 1,664 |
Income Tax Expense | 917 | 821 | 831 | 876 | 1,258 | 360 |
Earnings From Continuing Ops. | 2,875 | 2,829 | 2,217 | 2,714 | 2,183 | 1,304 |
Earnings From Discontinued Ops. | - | 76 | 74 | 5,083 | 171 | 337 |
Net Income to Company | 2,875 | 2,905 | 2,291 | 7,797 | 2,354 | 1,641 |
Minority Interest in Earnings | -3 | -3 | -1 | - | -1 | -1 |
Net Income | 2,872 | 2,902 | 2,290 | 7,797 | 2,353 | 1,640 |
Net Income to Common | 2,872 | 2,902 | 2,290 | 7,797 | 2,353 | 1,640 |
Net Income Growth | 58.76% | 26.72% | -70.63% | 231.36% | 43.48% | 29.75% |
Shares Outstanding (Basic) | 4,907 | 4,707 | 3,692 | 3,659 | 3,599 | 3,523 |
Shares Outstanding (Diluted) | 4,931 | 4,729 | 3,709 | 3,676 | 3,616 | 3,540 |
Shares Change (YoY) | 19.31% | 27.50% | 0.90% | 1.66% | 2.15% | 1.78% |
EPS (Basic) | 0.59 | 0.62 | 0.62 | 2.13 | 0.65 | 0.47 |
EPS (Diluted) | 0.58 | 0.61 | 0.62 | 2.12 | 0.65 | 0.46 |
EPS Growth | 33.01% | -0.54% | -70.89% | 226.13% | 40.39% | 27.40% |
Free Cash Flow | -1,417 | -1,972 | 35 | 573 | 1,174 | 252 |
Free Cash Flow Per Share | -0.29 | -0.42 | 0.01 | 0.16 | 0.33 | 0.07 |
Dividend Per Share | 0.472 | 0.467 | 0.585 | 0.554 | 0.510 | 0.492 |
Dividend Growth | -14.06% | -20.16% | 5.56% | 8.77% | 3.68% | 1.21% |
Profit Margin | 16.43% | 15.79% | 11.54% | 36.00% | 12.75% | 12.00% |
Free Cash Flow Margin | -8.11% | -10.73% | 0.18% | 2.65% | 6.36% | 1.84% |
EBITDA | 7,142 | 6,794 | 7,275 | 5,840 | 6,035 | 3,586 |
EBITDA Margin | 40.85% | 36.97% | 36.65% | 26.96% | 32.71% | 26.24% |
D&A For EBITDA | 1,848 | 1,804 | 1,689 | 1,635 | 1,830 | 1,176 |
EBIT | 5,294 | 4,990 | 5,586 | 4,205 | 4,205 | 2,410 |
EBIT Margin | 30.28% | 27.15% | 28.14% | 19.41% | 22.79% | 17.64% |
Effective Tax Rate | 24.18% | 22.49% | 27.26% | 24.40% | 36.56% | 21.63% |
Source: S&P Global Market Intelligence. Utility template. Financial Sources.