National Grid plc (NGG)
NYSE: NGG · Real-Time Price · USD
83.15
-2.77 (-3.22%)
At close: Nov 6, 2026, 4:00 PM EST
83.95
+0.80 (0.96%)
After-hours: Nov 6, 2026, 7:45 PM EST

National Grid Financials Overview

Millions GBP. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
18,76017,68718,37819,85021,65918,449
Revenue Growth
6.07%-3.76%-7.42%-8.35%17.40%35.01%
Net Income
3,9673,2412,9022,2907,7972,353
Earnings Per Share
0.790.650.610.572.120.65
EPS Growth
21.56%6.18%7.46%-73.05%226.13%40.39%

Revenue by Segment

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
UK Electricity Transmission
3,1712,8112,4842,6951,9432,028
UK Electricity Distribution
1,9601,9372,4211,7902,0331,468
UK Electricity System Operator
--1,0123,7534,6593,437
New England
4,3114,1744,3063,9484,4274,550
New York
8,0587,6186,6896,0946,9945,561
National Grid Ventures
9691,0571,3501,3321,2831,024
Other Segment
21590116238317381
Revenue (Total)
18,76017,68718,37819,85021,65918,449

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
3,3232,8286,9314,2582,7683,349
Total Debt
52,60747,70548,67748,19844,10446,456
Net Cash (Debt)
-49,284-44,877-41,746-43,940-41,336-43,107
Net Cash Growth
------
Net Cash Per Share
-9.84-9.03-8.83-10.96-11.24-11.92

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
8,3457,8296,8086,9396,8986,272
Capital Expenditures
-11,195-9,989-8,780-6,904-6,325-5,098
Free Cash Flow
-2,850-2,160-1,972355731,174
Free Cash Flow Growth
----93.89%-51.19%365.87%

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Pretax Margin
27.11%23.64%19.86%15.36%16.58%18.65%
Profit Margin
21.15%18.32%15.79%11.54%36.00%12.75%
FCF Margin
-15.19%-12.21%-10.73%0.18%2.65%6.36%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Dividend Per Share
3.2090.4850.4670.5850.5540.510
Dividend Per Share Growth
5.43%3.79%-20.16%5.56%8.77%3.68%
Dividend Yield
3.86%3.82%4.63%5.49%5.06%4.35%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
15.7019.4717.0217.325.1718.16
P/FCF Ratio
---1132.9270.3536.40
PS Ratio
3.373.572.692.001.862.32