National Grid plc (NGG)
NYSE: NGG · Real-Time Price · USD
80.26
+1.38 (1.75%)
Jul 30, 2026, 10:22 AM EDT - Market open

National Grid Financials Overview

Millions GBP. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
17,68717,68718,37819,85021,65918,449
Revenue Growth
1.17%-3.76%-7.42%-8.35%17.40%35.01%
Gross Profit
17,68717,68718,37819,85021,65918,449
Operating Income
5,4315,4314,9344,4754,8794,371
Net Income
3,2413,2412,9022,2907,7972,353
Earnings Per Share
3.263.263.072.859.813.25
EPS Growth
9.21%6.19%7.53%-70.90%201.85%40.39%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
UK Electricity Transmission
2,8112,8112,4842,6951,9432,028
UK Electricity Distribution
1,9371,9372,4211,7902,0331,468
UK Electricity System Operator
--1,0123,7534,6593,437
New England
4,1744,1744,3063,9484,4274,550
New York
7,6187,6186,6896,0946,9945,561
National Grid Ventures
1,0571,0571,3501,3321,2831,024
Other Segment
9090116238317381
Revenue (Total)
17,68717,68718,37819,85021,65918,449

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
2,8282,8286,9314,2582,7683,349
Total Debt
46,75546,75547,53947,07242,98545,465
Net Cash (Debt)
-43,927-43,927-40,608-42,814-40,217-42,116
Net Cash Growth
------
Net Cash Per Share
-44.18-44.18-42.94-53.41-50.61-58.24

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
7,8297,8296,8086,9396,3435,490
Capital Expenditures
-9,989-9,989-8,780-6,904-6,325-5,098
Free Cash Flow
-2,160-2,160-1,9723518392
Free Cash Flow Growth
---94.44%-95.41%-

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
100.00%100.00%100.00%100.00%100.00%100.00%
Operating Margin
30.71%30.71%26.85%22.54%22.53%23.69%
Pretax Margin
23.64%23.64%19.86%15.36%16.58%18.65%
Profit Margin
18.34%18.34%15.39%11.17%12.53%11.83%
FCF Margin
-12.21%-12.21%-10.73%0.18%0.08%2.12%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '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
4.00%2.57%3.20%3.98%3.69%2.19%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
18.4319.6016.5418.935.6117.99
P/FCF Ratio
---1224.912249.91108.74
PS Ratio
3.383.592.842.161.872.31