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National Grid PLC NGG

10 fiscal years on record · GBP · FY2024 reported · SEC filings only
£18.4B
▼ 7.4% YoY
£2.9B
▲ 26.7% YoY
Growth
GBP 18.4B
Revenue, FY2024 · full 10-year series below
Revenue £B Net income £B
FY2024 · Revenue 18.4 · Net income 2.9
8B16B2015201620172018201920202021202220232024
Compound annual growth
−0.1%
+6.6%
+7.2%
+18.1%
−1.9%
+11.1%
+3.6%
+2.8%
+18.4%
+11.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.6% a year over five years — but profit grew faster: net income at +18.1%, earnings per share at +11.1%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
16 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 26.8% · Net 15.8%
20%40%2015201620172018201920202021202220232024
ROE
FY2024 · ROE 8.6%
10%20%30%2015201620172018201920202021202220232024

Each GBP of equity produced 9 cents of profit this year.

Cash & shareholders
GBP 1.5B
returned in FY2024 · dividends + net buybacks
Net buybacks £B Dividends £B
FY2024 · Dividends 1.5 · Net buybacks —
2B4BDividendsNet buybacks2015201620172018201920202021202220232024

GBP 1.5B in dividends — 53% of the year's profit went back to shareholders.

Total assetsGBP 106.7B
EquityGBP 37.8B
CashGBP 1.2B
Gross debtGBP 47.5B
Net debtGBP 46.4B
Current ratio1.35×

Net debt stands at 123% of equity.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · GBP
row low → row highnegative
Metric 2024202320222021202020192018201720162015
Revenue £B18.419.921.718.413.713.414.915.215.013.2
Operating income £B4.94.54.94.42.42.32.93.53.23.2
EBITDA £B7.16.56.96.23.93.74.65.04.74.5
Income tax £B0.80.80.91.30.40.40.3−0.90.40.4
Net income £B2.92.37.82.41.61.31.53.57.82.6
EPS, diluted £0.610.571.960.650.460.360.441.022.060.68
Dividend / sh £0.550.570.520.490.490.480.471.290.4443.16
Payout %537521398671771261952
ROE %8.67.729.210.88.36.47.818.038.3·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 38 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityNatural Gas Transmission
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsMarch 31
Data on record since2015

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