National Financial Statements From 2010 to 2026

NGG Stock  USD 78.70  1.35  1.75%   
National Grid's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing National Grid's valuation are provided below:
Gross Profit
17.5 B
Profit Margin
0.1643
Market Capitalization
78.1 B
Enterprise Value Revenue
5.6793
Revenue
17.5 B
There are over one hundred nineteen available fundamental ratios for National Grid, which can be analyzed over time and compared to other ratios. Active traders should verify all of National Grid last-minute fundamental drivers against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. The National Grid's current Market Cap is estimated to increase to about 37.4 B. The National Grid's current Enterprise Value is estimated to increase to about 81.4 B

National Grid Total Revenue

11.79 Billion

Check National Grid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Grid's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 B, Interest Expense of 811.7 M or Total Revenue of 11.8 B, as well as many indicators such as Price To Sales Ratio of 2.48, Dividend Yield of 0.0573 or PTB Ratio of 1.37. National financial statements analysis is a perfect complement when working with National Grid Valuation or Volatility modules.
  
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Check out the analysis of National Grid Correlation against competitors.

National Grid Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets128.9 B122.8 B72.9 B
Slightly volatile
Short and Long Term Debt Total57.4 B54.7 B36.5 B
Slightly volatile
Total Current Liabilities6.8 B12.2 B9.3 B
Slightly volatile
Total Stockholder Equity45.6 B43.5 B21.6 B
Slightly volatile
Property Plant And Equipment Net89.5 B85.2 B50.3 B
Slightly volatile
Net Debt56 B53.3 B32.7 B
Slightly volatile
Retained Earnings48.4 B46.1 B24.1 B
Slightly volatile
Accounts Payable1.9 B3.4 B2.3 B
Slightly volatile
Cash1.1 B1.1 B486.3 M
Slightly volatile
Non Current Assets Total111.6 B106.3 B62.2 B
Slightly volatile
Cash And Short Term Investments8.4 BB4.3 B
Slightly volatile
Net Receivables2.5 B4.3 B2.6 B
Slightly volatile
Common Stock Shares Outstanding628 M1.1 B747.8 M
Slightly volatile
Liabilities And Stockholders Equity128.9 B122.8 B73.1 B
Slightly volatile
Non Current Liabilities Total70.4 B67 B37.9 B
Slightly volatile
Inventory672.6 M640.5 M428.1 M
Slightly volatile
Other Current Assets3.7 B3.6 B2.7 B
Slightly volatile
Total Liabilities83.2 B79.3 B51.3 B
Slightly volatile
Property Plant And Equipment Gross111.6 B106.3 B39.1 B
Slightly volatile
Total Current Assets17.3 B16.5 B9.7 B
Slightly volatile
Short Term Debt3.5 B5.4 B4.3 B
Slightly volatile
Common Stock770.4 M733.7 M478.5 M
Slightly volatile
Short Term Investments6.9 B6.6 B3.7 B
Slightly volatile
Intangible Assets4.3 B4.1 B1.9 B
Slightly volatile
Other Liabilities10.9 B13.8 B12.5 B
Very volatile
Other Assets2.6 B3.2 B2.7 B
Slightly volatile
Long Term Debt33.2 B48.5 B35.8 B
Very volatile
Property Plant Equipment53.9 B85.2 B61.3 B
Very volatile
Net Tangible Assets13.3 B12.7 B11 B
Slightly volatile
Long Term Investments52.6 B37.5 B33.8 B
Slightly volatile
Short and Long Term Debt3.9 B4.1 B22.7 B
Slightly volatile
Long Term Debt Total27.7 B38.6 B43.9 B
Slightly volatile
Capital Surpluse1.3 B1.2 B2.2 B
Slightly volatile
Net Invested Capital51.8 B97.2 B49.5 B
Slightly volatile
Capital Stock550.9 M733.7 M497.3 M
Slightly volatile

National Grid Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.6 B2.5 B1.6 B
Slightly volatile
Interest Expense811.7 M1.6 BB
Slightly volatile
Total Revenue11.8 B21.1 B15.4 B
Slightly volatile
Gross Profit8.5 B16.4 B11.6 B
Slightly volatile
Other Operating ExpensesB15.5 B11.7 B
Slightly volatile
Operating IncomeB5.7 B3.8 B
Slightly volatile
EBIT6.6 B6.3 B4.1 B
Slightly volatile
Research Development51.2 M48.8 M22.1 M
Slightly volatile
EBITDA9.2 B8.8 B5.7 B
Slightly volatile
Total Operating Expenses6.2 B10.7 B7.9 B
Slightly volatile
Income Before Tax4.4 B4.2 B2.8 B
Slightly volatile
Net Income2.1 B3.3 B2.9 B
Pretty Stable
Cost Of Revenue3.8 B3.7 B3.9 B
Slightly volatile
Net Income Applicable To Common Shares3.4 B3.3 B3.7 B
Pretty Stable
Selling General Administrative1.9 B2.7 B1.8 B
Pretty Stable
Net Income From Continuing Ops2.4 B2.5 B10.9 B
Pretty Stable
Tax Provision693.6 M944.1 M614.2 M
Slightly volatile
Interest Income400.8 M395.1 M544.2 M
Slightly volatile
Reconciled DepreciationB2.5 B1.7 B
Slightly volatile

National Grid Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow659 M627.7 M359.6 M
Pretty Stable
Depreciation2.7 B2.6 B1.6 B
Slightly volatile
Capital Expenditures10.5 B10 B4.9 B
Slightly volatile
Total Cash From Operating Activities6.4 B6.1 B4.5 B
Slightly volatile
Net Income1.8 B3.2 B2.4 B
Slightly volatile
End Period Cash Flow1.4 B1.4 B506.3 M
Slightly volatile
Dividends Paid1.2 B1.7 B1.4 B
Pretty Stable
Stock Based Compensation26.8 M42.5 M27.1 M
Slightly volatile
Issuance Of Capital Stock8.5 B8.1 B1.4 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.482.972.1743
Very volatile
Dividend Yield0.05730.0370.0486
Very volatile
PTB Ratio1.371.451.8061
Slightly volatile
Days Sales Outstanding94.5185.6974.9764
Pretty Stable
Book Value Per Share7.597.235.3653
Slightly volatile
Operating Cash Flow Per Share0.761.31.321
Slightly volatile
Stock Based Compensation To Revenue0.00130.00180.0017
Slightly volatile
Capex To Depreciation1.943.632.8097
Slightly volatile
PB Ratio1.371.451.8061
Slightly volatile
EV To Sales4.265.934.1611
Slightly volatile
ROIC0.0820.04360.0529
Slightly volatile
Inventory Turnover9.039.511.0249
Slightly volatile
Net Income Per Share0.510.550.777
Very volatile
Days Of Inventory On Hand21.0339.7638.3954
Slightly volatile
Payables Turnover3.431.791.7913
Pretty Stable
Sales General And Administrative To Revenue0.110.120.1019
Slightly volatile
Research And Ddevelopement To Revenue0.00260.00270.0016
Very volatile
Capex To Revenue0.450.430.3106
Slightly volatile
Cash Per Share1.391.331.0895
Very volatile
POCF Ratio10.688.036.8256
Very volatile
Interest Coverage4.584.073.6806
Very volatile
Payout Ratio0.620.610.5702
Pretty Stable
Capex To Operating Cash Flow1.081.480.9445
Slightly volatile
Days Payables Outstanding122211214
Very volatile
Income Quality2.222.111.4881
Slightly volatile
ROE0.08390.08830.1621
Slightly volatile
EV To Operating Cash Flow19.3216.013.032
Slightly volatile
PE Ratio8.9114.7412.9084
Pretty Stable
Return On Tangible Assets0.03390.03560.0523
Slightly volatile
Earnings Yield0.080.0550.0931
Pretty Stable
Intangibles To Total Assets0.07140.110.1065
Slightly volatile
Net Debt To EBITDA4.466.255.9252
Slightly volatile
Current Ratio0.761.210.9542
Pretty Stable
Tangible Book Value Per Share4.964.733.2132
Slightly volatile
Receivables Turnover7.575.635.9746
Pretty Stable
Graham Number5.179.59.0084
Slightly volatile
Shareholders Equity Per Share7.597.235.3616
Slightly volatile
Debt To Equity1.41.471.6995
Slightly volatile
Capex Per Share1.761.681.281
Slightly volatile
Revenue Per Share2.73.514.0358
Pretty Stable
Interest Debt Per Share5.319.518.645
Slightly volatile
Debt To Assets0.380.410.4523
Very volatile
Enterprise Value Over EBITDA9.6112.5412.0663
Slightly volatile
Short Term Coverage Ratios2.421.681.3861
Slightly volatile
Price Earnings Ratio8.9114.7412.9084
Pretty Stable
Operating Cycle10585.6989.1375
Pretty Stable
Price Book Value Ratio1.371.451.8061
Slightly volatile
Days Of Payables Outstanding122211214
Very volatile
Dividend Payout Ratio0.620.610.5702
Pretty Stable
Price To Operating Cash Flows Ratio10.688.036.8256
Very volatile
Pretax Profit Margin0.260.230.1841
Pretty Stable
Ebt Per Ebit0.870.850.7433
Very volatile
Operating Profit Margin0.30.310.2448
Pretty Stable
Effective Tax Rate0.180.20.228
Pretty Stable
Company Equity Multiplier6.143.253.827
Pretty Stable
Long Term Debt To Capitalization0.490.480.5701
Pretty Stable
Total Debt To Capitalization0.520.510.6082
Slightly volatile
Return On Capital Employed0.05610.0590.0719
Slightly volatile
Debt Equity Ratio1.41.471.6995
Slightly volatile
Ebit Per Revenue0.30.310.2448
Pretty Stable
Quick Ratio0.731.170.9084
Very volatile
Dividend Paid And Capex Coverage Ratio0.590.66040.85
Slightly volatile
Net Income Per E B T0.820.721.112
Very volatile
Cash Ratio0.180.130.0877
Pretty Stable
Operating Cash Flow Sales Ratio0.190.330.3186
Very volatile
Days Of Inventory Outstanding21.0339.7638.3954
Slightly volatile
Days Of Sales Outstanding94.5185.6974.9764
Pretty Stable
Cash Flow Coverage Ratios0.20.160.178
Slightly volatile
Price To Book Ratio1.371.451.8061
Slightly volatile
Fixed Asset Turnover0.470.290.3543
Slightly volatile
Capital Expenditure Coverage Ratio0.770.71.1011
Slightly volatile
Price Cash Flow Ratio10.688.036.8256
Very volatile
Enterprise Value Multiple9.6112.5412.0663
Slightly volatile
Debt Ratio0.380.410.4523
Very volatile
Cash Flow To Debt Ratio0.20.160.178
Slightly volatile
Price Sales Ratio2.482.972.1743
Very volatile
Return On Assets0.02970.03130.0471
Slightly volatile
Asset Turnover0.330.20.2481
Slightly volatile
Net Profit Margin0.240.180.1961
Very volatile
Gross Profit Margin0.460.70.7303
Very volatile
Price Fair Value1.371.451.8061
Slightly volatile
Return On Equity0.08390.08830.1621
Slightly volatile

National Grid Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap37.4 B35.7 B31.6 B
Slightly volatile
Enterprise Value81.4 B77.5 B68.9 B
Slightly volatile

National Fundamental Market Drivers

Forward Price Earnings13.2802
Cash And Short Term Investments6.9 B

National Upcoming Events

18th of May 2023
Upcoming Quarterly Report
View
31st of March 2023
Next Fiscal Quarter End
View
18th of May 2023
Next Fiscal Year End
View
31st of December 2022
Last Quarter Report
View
31st of March 2022
Last Financial Announcement
View

About National Grid Financial Statements

National Grid stakeholders use historical fundamental indicators, such as National Grid's revenue or net income, to determine how well the company is positioned to perform in the future. Although National Grid investors may analyze each financial statement separately, they are all interrelated. For example, changes in National Grid's assets and liabilities are reflected in the revenues and expenses on National Grid's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in National Grid PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue146.1 M153.4 M
Total Revenue21.1 B11.8 B
Cost Of Revenue3.7 B3.8 B
Sales General And Administrative To Revenue 0.12  0.11 
Capex To Revenue 0.43  0.45 
Revenue Per Share 3.51  2.70 
Ebit Per Revenue 0.31  0.30 

Currently Active Assets on Macroaxis

When determining whether National Grid PLC is a strong investment it is important to analyze National Grid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Grid's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Grid Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Grid. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Grid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
0.472
Earnings Share
4.02
Revenue Per Share
2.968
Quarterly Revenue Growth
(0.11)
The market value of National Grid PLC is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Grid's value that differs from its market value or its book value, called intrinsic value, which is National Grid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Grid's market value can be influenced by many factors that don't directly affect National Grid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Grid's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Grid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Grid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.