National Grid plc (NGG)

National Grid Balance Sheet

Financials in millions GBP. Fiscal year is April - March.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	375	1,178	559	163	204
Short-Term Investments	2,453	5,753	3,699	2,605	3,145
Cash & Short-Term Investments	2,828	6,931	4,258	2,768	3,349
Cash Growth	-59.20%	62.78%	53.83%	-17.35%	34.01%
Accounts Receivable	3,867	4,092	3,415	3,830	3,715
Inventory	559	557	828	876	511
Other Current Assets	231	2,752	1,878	1,639	10,388
Total Current Assets	7,485	14,332	10,379	9,113	17,963
Net Property, Plant & Equipment	81,520	74,091	68,907	64,433	57,532
Other Intangible Assets	3,879	3,564	3,431	3,604	3,272
Goodwill	9,417	9,532	9,729	9,847	9,532
Long-Term Investments	1,466	1,406	2,300	2,159	2,068
Other Long-Term Assets	4,514	3,817	3,579	3,541	4,493
Total Assets	108,281	106,742	98,325	92,697	94,860

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	5,049	4,472	4,076	5,068	4,915
Current Portion of Long-Term Debt	3,900	4,662	4,859	2,955	12,121
Unearned Revenue	110	96	127	252	130
Other Current Liabilities	738	1,391	2,327	855	7,604
Total Current Liabilities	9,797	10,621	11,389	9,130	24,770
Long-Term Debt	42,855	42,877	42,213	40,030	33,344
Other Long-Term Liabilities	16,299	15,418	14,831	13,975	12,890
Total Long-Term Liabilities	59,154	58,295	57,044	54,005	46,234
Total Liabilities	68,951	68,916	68,433	63,135	71,004

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	647	638	493	488	485
Additional Paid-in Capital	1,285	1,292	1,298	1,302	1,300
Accumulated Other Comprehensive Income	-4,542	-4,233	-3,990	-3,860	-4,563
Retained Earnings	41,909	40,106	32,066	31,608	26,611
Total Common Shareholders' Equity	39,299	37,803	29,867	29,538	23,833
Minority Interest	31	23	25	24	23
Shareholders' Equity	39,330	37,826	29,892	29,562	23,856
Total Liabilities & Equity	108,281	106,742	98,325	92,697	94,860

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	46,755	47,539	47,072	42,985	45,465
Net Cash (Debt)	-43,927	-40,608	-42,814	-40,217	-42,116
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-44.18	-42.94	-53.41	-50.61	-58.24
Book Value	39,299	37,803	29,867	29,538	23,833
Book Value Per Share	39.53	39.97	37.26	37.17	32.95
Tangible Book Value	26,003	24,707	16,707	16,087	11,029
Tangible Book Value Per Share	26.15	26.12	20.84	20.25	15.25

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: May 13, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Jul 27, 2026

Data Sources Report a data error