Drax Group plc (LON:DRX)
| Market Cap | 2.64B +12.5% |
| Revenue (ttm) | 5.39B -12.5% |
| Net Income | 73.00M -86.1% |
| EPS | 0.20 -85.0% |
| Shares Out | 336.22M |
| PE Ratio | 38.84 |
| Forward PE | 9.87 |
| Dividend | 0.29 (3.70%) |
| Ex-Dividend Date | Apr 23, 2026 |
| Volume | 2,842,183 |
| Open | 782.50 |
| Previous Close | 781.50 |
| Day's Range | 775.50 - 786.50 |
| 52-Week Range | 613.90 - 937.50 |
| Beta | 0.63 |
| Analysts | Hold |
| Price Target | 953.67 (+21.56%) |
| 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 954p, which is an increase of 21.56% from the latest price.
News
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 with record renewable output, robust cash flow, and a solid balance sheet support growth in FlexGen and battery storage. Strategic focus remains on U.K. energy transition, disciplined capital allocation, and managing risks in the Canadian pellet business.
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 posts 66% jump in annual profit, raises dividend
Drax Group , the UK's largest source of renewable electricity, posted a 66% jump in annual profit and raised its dividend on Thursday, supported by robust renewable power generation.
Drax reports higher half-year profit on robust demand, elevated prices
British power generator Drax Group reported a rise in half-year profit on Thursday, buoyed by robust demand for renewable power and substantially high energy prices.