Drax Group (DRX)

Sector:

Electricity Generation and Distribution

Index:

FTSE 250

659.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 676.00
  • 52 Week Low: 486.20
  • Currency: UK Pounds
  • Shares Issued: 353.53m
  • Volume: 788,715
  • Market Cap: £2,329.74m
  • RiskGrade: 140

Drax Group Overview

Drax Group is a renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Drax operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. It is the UK’s largest source of renewable electricity. The company also operates a global bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia.

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Financials

Latest F'cast
Div Yield 3.9% 0.0%
Div Cover 4.9 3.9
Op Mrgn 13.8% 9.4%
ROCE 25.8%  
Latest F'cast
P/E 5.2 6.0
PEG 0.7 n/a
Pr/Revenue 0.4 0.3
Pr/Book 1.1  
Latest F'cast
Revenue -20.3% 9.4%
PBT -5.4% -16.3%
EPS 7.4% -13.4%
DPS 12.6% 9.2%

Drax Group Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-20 4,244.70 (234.70) 24.30p 15.4 n/a -2% 17.10p 4.6%
31-Dec-21 5,088.00 121.50 22.30p 27.1 n/a -8% 18.80p 3.1%
31-Dec-22 7,775.30 78.10 85.10p 8.3 0.0 +282% 21.00p 3.0%
31-Dec-23 7,733.20 796.40 119.60p 4.1 0.1 +40% 23.10p 4.7%
31-Dec-24 6,162.50 753.40 128.40p 5.0 0.7 +7% 26.00p 4.0%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Drax Group Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-25 6,742.21 630.93 111.25p 6.0 n/a -13% 28.38p 0.0%
31-Dec-26 5,793.79 404.74 66.25p 10.0 n/a -40% 31.07p 0.0%
31-Dec-27 4,980.77 334.39 59.21p 11.2 n/a -11% 34.68p 0.0%

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Drax Group Company Announcements

Holding(s) in Company 03-Jun-2025 14:49 RNS
Director/PDMR Shareholding 03-Jun-2025 10:03 RNS
Share Buyback Programme 02-Jun-2025 14:55 RNS

Drax Group ShareCast News

Jefferies resumes coverage of Drax at 'buy' 02-Jun-2025 ShareCast
Drax lets proposed HEIT acquisition lapse 30-May-2025 ShareCast
Drax sees FY at top end of estimates 01-May-2025 ShareCast

Drax Group Top Newspaper Links

Berry steps down as Drax chairman 19-Dec-2014 The Herald
Drax shares drop after Government wins subsidy a... 08-Aug-2014 Telegraph
Drax Group shares lose power 08-Aug-2014 Express & Star

Latest Drax Group Director Deals

Traded Action Notifier PriceAmountValue
01-Jun-25 Exercise of option Will Gardiner 127.10p 23,603 £29,999.41
20-Mar-25 Transfer From Andy Skelton 0.000p 31,782 £0.00
20-Mar-25 Transfer From Andy Skelton 0.000p 138,089 £0.00

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Drax Group Market Data

Currency UK Pounds
Share Price 659.00p
Change Today -4.00p
% Change -0.60 %
52 Week High 676.00
52 Week Low 486.20
Volume 788,715
Shares Issued 353.53m
Market Cap £2,329.74m
RiskGrade 140

Drax Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.44% above the market average73.44% above the market average73.44% above the market average73.44% above the market average73.44% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
63.40% above the market average63.40% above the market average63.40% above the market average63.40% above the market average63.40% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income
80.33% above the market average80.33% above the market average80.33% above the market average80.33% above the market average80.33% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
31.03% above the market average31.03% above the market average31.03% above the market average31.03% above the market average31.03% above the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 2
Sell 0
Strong Sell 1
Total 5
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Drax Group Dividends

  Latest Previous
  Final Interim
Ex-Div 24-Apr-25 19-Sep-24
Paid 16-May-25 25-Oct-24
Amount 15.60p 10.40p

Trades for 03-Jun-2025

Time Volume / Share Price
16:08 222 @ 659.00p
16:08 80 @ 659.00p
16:07 185 @ 659.50p
16:07 487 @ 659.50p
16:06 57 @ 659.50p

Drax Group Key Personnel

CEO Will Gardiner
CFO Andy Skelton
Chair Andrea Bertone

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