Drax Group plc (LON:DRX)
London · Delayed Price · Currency is GBP · Price in GBX | Market Cap | 2.44B +2.7% |
| Revenue (ttm) | 5.22B -7.5% |
| Net Income | 19.00M -95.3% |
| EPS | 0.05 -95.0% |
| Shares Out | 336.59M |
| PE Ratio | 133.72 |
| Forward PE | 10.91 |
| Dividend | 0.29 (4.00%) |
| Ex-Dividend Date | Sep 24, 2026 |
| Volume | 488,797 |
| Open | 711.00 |
| Previous Close | 725.00 |
| Day's Range | 711.00 - 726.00 |
| 52-Week Range | 613.90 - 937.50 |
| Beta | 0.62 |
| Analysts | Hold |
| Price Target | 906.63 (+25.92%) |
| Earnings Date | Jul 30, 2026 |
About Drax Group
Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through four segments: Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions. The company provides renewable, dispatchable power, and system support services. It is involved in production and sale of biomass pellets; generation and sale of electricity from biomass assets, pumped storage, run-of-river hydro, and OCGTs assets; and processing and sale of waste-derived pellets, as well as suppl... [Read more]
Financial Performance
In 2025, Drax Group's revenue was 5.39 billion, a decrease of -12.52% compared to the previous year's 6.16 billion. Earnings were 73.00 million, a decrease of -86.14%.
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for DRX stock is "Hold." The 12-month stock price target is 907p, which is an increase of 25.92% from the latest price.
News
Drax Group H1 Earnings Call Highlights
Drax Group LON: DRX reported first-half adjusted EBITDA of £279 million for 2026, reflecting lower achieved forward power prices compared with the prior year, while outlining plans to expand its flexi...
Drax Group Earnings Call Transcript: H1 2026
Strong H1 2026 results with 6% UK power share, 6.1 GW portfolio, and upgraded 2029 EBITDA guidance to GBP 650m–800m, excluding BSIF. BSIF acquisition adds 900 MW solar/wind and GBP 130m EBITDA. Disciplined capital allocation, cost savings, and robust balance sheet support growth.
Drax Group Quarterly report: H1 2026
Drax Group has published its H1 2026 quarterly earnings report on July 30, 2026.
Drax Group Slides: H1 2026
Drax Group has posted slides in relation to its H1 2026 quarterly earnings report, which was published on July 30, 2026.
UK's Drax first-half profit slides 39% on weaker power prices
British power generator Drax Group reported a 39% drop in first-half adjusted core profit on Thursday, weighed down by lower power prices at its biomass generation unit.
Drax Group Pauses Buyback as £561M Bluefield Solar Deal Boosts UK Renewables
Drax Group LON: DRX Chief Executive Will Gardiner said the company's recommended all-cash offer to acquire Bluefield Solar Income Fund would significantly expand Drax's U.K. renewables business and br...
Drax Group Transcript: M&A announcement
A £561 million all-cash acquisition of a UK renewables fund will boost generating capacity by 19%, deliver significant synergies, and support long-term growth in renewables, with strong contracted cash flows and a robust development pipeline.
Drax Group Press release: M&A announcement
Drax Group issued a press release on June 1, 2026, disclosing material business information to investors.
Drax Group Slides: M&A announcement
Drax Group has posted slides in relation to its latest quarterly earnings report, which was published on June 1, 2026.
UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
British power group Drax said on Monday it has agreed to buy Bluefield Solar Income Fund (BSIF) in a deal that values the renewable energy-focused investment company at about £561 million (...
Drax Group Earnings release: Trading update
Drax Group released its earnings on April 30, 2026, summarizing the period's financial results.
Drax Group Earnings Call Transcript: H2 2025
Strong 2025 results featured record renewable output, robust cash flow, and increased shareholder returns. Strategic investments in battery storage and FlexGen are set to drive future growth, while the Canadian pellet business faces ongoing challenges and impairments.
Drax Group Annual report: H2 2025
Drax Group has published its H2 2025 annual report on February 26, 2026.
Drax Group Annual report: H2 2025
Drax Group has published its H2 2025 annual report on February 26, 2026.
Drax Group Slides: H2 2025
Drax Group has posted slides in relation to its H2 2025 quarterly earnings report, which was published on February 26, 2026.
UK's power firm Drax Group says it could cut over 10% jobs
Drax Group on Tuesday said it could cut more than 350 jobs in the UK and North America as part of the power firm's long-term strategy to bolster UK energy security and advance its transition to lower-...
Drax Group Earnings release: Trading Update
Drax Group released its earnings on December 11, 2025, summarizing the period's financial results.
Drax Group Earnings Call Transcript: H1 2025
Strong H1 performance with record pellet output, robust cash flow, and a new £450m buyback extension. Post-2027 EBITDA target reaffirmed, with growth focused on FlexGen, energy solutions, and disciplined capital allocation.
Drax Group Quarterly report: H1 2025
Drax Group has published its H1 2025 quarterly earnings report on July 31, 2025.
Drax Group Slides: H1 2025
Drax Group has posted slides in relation to its H1 2025 quarterly earnings report, which was published on July 31, 2025.
Drax Group Earnings release: Trading Update
Drax Group released its earnings on May 2, 2025, summarizing the period's financial results.
Drax Group Earnings release: Q1 2025
Drax Group released its Q1 2025 earnings on May 1, 2025, summarizing the period's financial results.
Drax Group Earnings Call Transcript: H2 2024
Strong 2024 results with 5% adjusted EBITDA growth, robust cash flow, and a strengthened balance sheet. Upgraded post-2027 EBITDA target to £600–700 million, supported by a new CFD agreement and growth in FlexGen and pellet production. Disciplined capital allocation and positive long-term outlook.
Drax Group Annual report: H2 2024
Drax Group has published its H2 2024 annual report on February 27, 2025.
Drax Group Annual report: H2 2024
Drax Group has published its H2 2024 annual report on February 27, 2025.