Terna Ratios and Metrics

Market cap in millions GBP. Fiscal year is January - December.

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 10, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	16,935	12,640	13,148	12,275	11,991	11,248
Market Cap Growth	26.47%	-3.87%	7.12%	2.36%	6.61%	10.92%
Enterprise Value	27,101	20,944	21,395	19,978	20,052	19,193
PE Ratio	17.81	14.56	17.11	16.15	18.09	15.98
PS Ratio	4.99	4.18	4.80	4.73	5.57	5.24
PB Ratio	2.49	2.03	2.39	2.24	3.03	2.84
P/FCF Ratio	-	-	-	16.65	-	-
P/OCF Ratio	10.55	10.41	13.97	5.96	17.15	13.34
EV/Sales Ratio	8.01	6.93	7.82	7.70	9.31	8.94
EV/EBITDA Ratio	11.60	10.01	11.56	11.04	13.05	12.36
EV/EBIT Ratio	17.44	14.97	18.04	17.03	20.35	19.37
EV/FCF Ratio	-34.23	-	-	27.09	-	-
Debt / Equity Ratio	1.89	1.84	1.94	1.79	2.66	2.85
Debt / EBITDA Ratio	5.49	5.46	5.75	5.42	6.86	7.27
Debt / FCF Ratio	-	-	-	13.31	-	-
Quick Ratio	0.72	0.88	0.64	0.72	0.70	0.92
Current Ratio	0.72	0.91	0.67	0.75	0.77	0.95
Asset Turnover	0.15	0.14	0.14	0.13	0.12	0.12
Return on Equity (ROE)	14.28%	15.14%	14.07%	16.14%	17.61%	18.39%
Return on Assets (ROA)	4.39%	4.18%	3.70%	3.66%	3.41%	3.58%
Return on Capital Employed (ROCE)	8.60%	8.30%	8.00%	8.30%	8.00%	7.10%
Earnings Yield	5.62%	6.95%	5.84%	6.19%	5.53%	6.26%
FCF Yield	-4.67%	-5.82%	-6.36%	6.01%	-3.58%	-1.95%
Dividend Yield	3.52%	5.45%	4.93%	5.11%	4.82%	5.35%
Payout Ratio	72.15%	65.03%	75.84%	69.52%	69.25%	66.98%
Buyback Yield / Dilution	-	3.03%	-3.07%	0.08%	0.01%	-0.01%
Total Shareholder Return	3.52%	8.48%	1.86%	5.19%	4.84%	5.34%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.