National Grid plc (NGG)
NYSE: NGG · Real-Time Price · USD
79.99
+1.11 (1.41%)
Jul 30, 2026, 1:12 PM EDT - Market open
National Grid Cash Flow Statement
Financials in millions GBP. Fiscal year is April - March.
Millions GBP. Fiscal year is Apr - Mar.
Operating Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Net Income | 5,431 | 4,934 | 4,475 | 4,879 | 4,371 |
Depreciation & Amortization | 2,247 | 2,479 | 2,061 | 1,984 | 1,830 |
Stock-Based Compensation | 45 | 37 | 37 | 48 | 38 |
Other Adjustments | -424 | -122 | -16 | -825 | -293 |
Changes in Income Taxes Payable | -32 | -183 | -342 | -89 | -298 |
Changes in Other Operating Activities | 562 | -337 | 724 | 901 | 624 |
Operating Cash Flow | 7,829 | 6,808 | 6,939 | 6,343 | 5,490 |
Operating Cash Flow Growth | 15.00% | -1.89% | 9.40% | 15.54% | 41.64% |
Investing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Capital Expenditures | -9,989 | -8,780 | -6,904 | -6,325 | -5,098 |
Sale of Property, Plant & Equipment | 68 | 26 | 52 | 87 | 26 |
Purchases of Intangible Assets | -586 | -526 | -549 | -567 | -446 |
Purchases of Investments | -161 | -518 | -413 | -538 | -462 |
Proceeds from Sale of Investments | 67 | 85 | 102 | 116 | 215 |
Cash Acquisitions | - | - | -19 | -19 | -7,853 |
Proceeds from Business Divestments | 2,809 | 1,263 | 681 | 7,492 | 413 |
Other Investing Activities | 3,635 | -2,121 | -449 | -6 | -805 |
Investing Cash Flow | -4,157 | -10,593 | -7,601 | 804 | -13,885 |
Financing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Short-Term Debt Issued | -2,225 | 925 | 544 | -511 | -11 |
Net Short-Term Debt Issued (Repaid) | -2,225 | 925 | 544 | -511 | -11 |
Long-Term Debt Issued | 4,172 | 3,237 | 5,563 | 11,908 | 12,347 |
Long-Term Debt Repaid | -2,961 | -2,861 | -1,701 | -15,260 | -1,261 |
Net Long-Term Debt Issued (Repaid) | 1,211 | 376 | 3,862 | -3,352 | 11,086 |
Issuance of Common Stock | 40 | 7,019 | 20 | 16 | 33 |
Repurchase of Common Stock | -1 | -169 | -4 | 1 | -3 |
Net Common Stock Issued (Repurchased) | 39 | 6,850 | 16 | 17 | 30 |
Common Dividends Paid | -1,623 | -1,529 | -1,718 | -1,607 | -922 |
Other Financing Activities | -2,022 | -2,094 | -1,717 | -1,720 | -2,414 |
Financing Cash Flow | -4,620 | 4,528 | 987 | -6,966 | 8,919 |
Net Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Foreign Exchange Rate Adjustments | -8 | -23 | -1 | 7 | 5 |
Net Cash Flow | -948 | 765 | 427 | -35 | 31 |
Free Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Free Cash Flow | -2,160 | -1,972 | 35 | 18 | 392 |
Free Cash Flow Growth | - | - | 94.44% | -95.41% | - |
FCF Margin | -12.21% | -10.73% | 0.18% | 0.08% | 2.12% |
Free Cash Flow Per Share | -2.17 | -2.09 | 0.04 | 0.02 | 0.54 |
Levered Free Cash Flow | -4,985 | -2,618 | 2,235 | 405 | 10,486 |
Unlevered Free Cash Flow | -3,000 | -2,997 | -1,206 | 159.47 | -169 |