National Grid (NGL)

1,042.50p
   
  • Change Today:
      16.50p
  • 52 Week High: 1,095.00
  • 52 Week Low: 912.20
  • Currency: UK Pounds
  • Shares Issued: 3,747.15m
  • Volume: 663,035
  • Market Cap: £39,064m

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21
Continuing Operations          
Revenue 18,378.00 19,850.00 21,659.00 18,449.00 13,665.00
Operating Profit/(Loss) 4,934.00 4,475.00 4,879.00 4,371.00 2,401.00
Profit Before Tax 3,650.00 3,048.00 3,590.00 3,441.00 1,664.00
Profit After Tax 2,829.00 2,217.00 2,714.00 2,183.00 1,304.00
           
Earnings per Share - Basic 60.00p 397.90p 74.20p 60.60p 46.60p
Earnings per Share - Adjusted 55.60p 77.70p 63.80p 61.40p 36.70p
           
Dividend per Share 46.72p 58.52p 55.44p 50.97p 49.16p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 74,091.00 68,907.00 64,433.00 57,532.00 47,043.00
Intangible Assets 13,096.00 13,160.00 13,451.00 12,804.00 6,031.00
Other Non-Current Assets 3,448.00 3,255.00 3,265.00 4,188.00 2,040.00
  92,410.00 87,946.00 83,584.00 76,897.00 57,278.00
Current Assets          
Inventories 557.00 828.00 876.00 511.00 439.00
Cash at Bank & in Hand 1,178.00 559.00 163.00 204.00 157.00
Other Current Assets 2,752.00 1,878.00 1,486.00 10,106.00 4,081.00
  14,332.00 10,379.00 9,113.00 17,963.00 9,938.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 106,742.00 98,325.00 92,697.00 94,860.00 67,216.00
Current Liabilities          
Borrowings 4,662.00 4,859.00 3,207.00 12,121.00 3,737.00
Other Current Liabilities 5,959.00 6,530.00 5,923.00 12,649.00 5,631.00
           
Current Liabilities 10,621.00 11,389.00 9,130.00 24,770.00 9,368.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Borrowings 42,877.00 42,213.00 41,784.00 33,344.00 27,483.00
Other Non-Current Liabilities 4,115.00 3,908.00 2,686.00 3,016.00 3,723.00
Non-Current Liabilities 58,295.00 57,044.00 54,005.00 46,234.00 37,988.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 68,916.00 68,433.00 63,135.00 71,004.00 47,356.00
           
Net Assets 37,826.00 29,892.00 29,562.00 23,856.00 19,860.00
           
Shareholders Funds 37,803.00 29,867.00 29,538.00 23,833.00 19,839.00
           
Minority Interests/Other Equity 23.00 25.00 24.00 23.00 21.00
Total Equity 37,826.00 29,892.00 29,562.00 23,856.00 19,860.00
Cash Flow 31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21
Net Cash Flow From Operating Activities 6,808.00 6,939.00 6,898.00 6,272.00 4,461.00
Net Cash Flow from Investing Activities (10,571.00) (7,499.00) 240.00 (14,010.00) (5,116.00)
Net Cash Flow from Financing Activities 4,528.00 987.00 (7,173.00) 7,769.00 750.00
Net Increase/Decrease In Cash 765.00 427.00 (35.00) 31.00 95.00
Ratios - based on IFRS 31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21
Continuing Operations          
PE Ratio - Adjusted 18.1 13.7 17.2 19.1 23.5
PEG - Adjusted n/a 0.6 4.3 0.3 n/a
Earnings per Share Growth - Adjusted -28% 22% 4% 67% -34%
Dividend Cover 1.19 1.33 1.15 1.20 0.75
Revenue per Share 390.44p 497.37p 591.94p 512.62p 387.88p
Pre-Tax Profit per Share 77.54p 76.37p 98.11p 95.61p 47.23p
Operating Margin 26.85% 22.54% 22.53% 23.69% 17.57%
Return on Capital Employed 5.99% 6.04% 7.15% 6.72% 4.74%
           
Dividend Yield 4.6% 5.5% 5.0% 4.3% 5.7%
Dividend per Share Growth (20.16%) 5.56% 8.77% 3.68% 1.21%
Operating Cash Flow per Share 144.64p 173.87p 188.52p 174.27p 126.62p
Cash Incr/Decr per Share 16.25p 10.70p (0.96p) 0.86p 2.70p
Net Asset Value per Share (exc. Intangibles) 525.39p 419.24p 440.31p 307.08p 392.54p
Net Gearing 122.64% 155.73% 151.76% 189.91% 156.58%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 5 minutes.

Note 2: Forecast figures based on normalised accounts.

 

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