National Financial Statements From 2010 to 2024

NGG Stock  USD 63.33  0.50  0.80%   
National Grid financial statements provide useful quarterly and yearly information to potential National Grid PLC investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on National Grid financial statements helps investors assess National Grid's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting National Grid's valuation are summarized below:
Gross Profit
18.4 B
Profit Margin
0.0936
Market Capitalization
61.4 B
Enterprise Value Revenue
4.4534
Revenue
19.3 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 2024 to make sure the company can sustain itself down the road. The National Grid's current Market Cap is estimated to increase to about 35.7 B. The National Grid's current Enterprise Value is estimated to increase to about 79.7 B

National Grid Total Revenue

11.06 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 2.2 B, Interest Expense of 1 B or Total Revenue of 11.1 B, as well as many indicators such as Price To Sales Ratio of 2.43, Dividend Yield of 0.0399 or PTB Ratio of 1.2. National financial statements analysis is a perfect complement when working with National Grid Valuation or Volatility modules.
  
Check out the analysis of National Grid Correlation against competitors.

National Grid Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets103.2 B98.3 B65.6 B
Slightly volatile
Short and Long Term Debt Total49.4 B47.1 B34 B
Slightly volatile
Other Current Liabilities3.7 B3.5 B2.6 B
Slightly volatile
Total Current Liabilities6.6 B11.4 BB
Slightly volatile
Total Stockholder Equity31.4 B29.9 B18.1 B
Slightly volatile
Property Plant And Equipment Net72.4 B68.9 B45.2 B
Slightly volatile
Net Debt48.9 B46.5 B29.9 B
Slightly volatile
Retained Earnings33.7 B32.1 B19.5 B
Slightly volatile
Accounts PayableB2.8 B2.3 B
Slightly volatile
Cash382.7 M548 M357.4 M
Pretty Stable
Non Current Assets Total92.3 B87.9 B55.7 B
Slightly volatile
Cash And Short Term Investments2.5 B4.2 B3.4 B
Very volatile
Common Stock Shares Outstanding3.9 B3.7 B1.8 B
Slightly volatile
Liabilities And Stockholders Equity103.2 B98.3 B65.8 B
Slightly volatile
Non Current Liabilities Total59.9 B57 B32.3 B
Slightly volatile
Inventory766.5 M730 M411 M
Slightly volatile
Other Current Assets3.5 B3.4 B2.8 B
Slightly volatile
Total Liabilities71.9 B68.4 B47.5 B
Slightly volatile
Property Plant And Equipment Gross91.5 B87.1 B29.7 B
Slightly volatile
Total Current Assets6.2 B10.4 B8.2 B
Slightly volatile
Short Term Debt3.3 B4.9 B4.1 B
Slightly volatile
Common Stock348.4 M493 M422.8 M
Slightly volatile
Short Term Investments2.1 B3.7 BB
Very volatile
Intangible Assets2.1 B3.4 B2.8 B
Slightly volatile
Other Liabilities10.9 B13.8 B12.6 B
Very volatile
Other Assets2.6 B3.1 B2.6 B
Slightly volatile
Long Term Debt32.7 B41.5 B34.5 B
Very volatile
Net Receivables1.9 BB1.8 B
Slightly volatile
Property Plant Equipment51.9 B74.1 B59.1 B
Very volatile
Net Tangible Assets13.3 B12.7 B11 B
Slightly volatile
Long Term Investments52.6 B37.5 B34 B
Slightly volatile
Short and Long Term Debt4.5 B4.7 B25.2 B
Pretty Stable
Long Term Debt Total26.3 B36 B43.8 B
Slightly volatile
Capital Surpluse1.3 B1.2 B2.3 B
Slightly volatile
Net Invested Capital45.9 B76.2 B43.6 B
Very volatile
Capital Stock525.8 M493 M470.5 M
Slightly volatile

National Grid Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.2 B2.1 B987.5 M
Slightly volatile
Interest ExpenseB1.7 B1.2 B
Very volatile
Total Revenue11.1 B19.9 B14.4 B
Slightly volatile
Gross Profit15.3 B14.6 B10.3 B
Slightly volatile
Other Operating Expenses8.5 B15.4 B11.1 B
Slightly volatile
Operating Income2.6 B4.5 B3.2 B
Slightly volatile
EBITB4.8 B3.9 B
Pretty Stable
Research Development33.6 M32 M17.1 M
Slightly volatile
EBITDA3.8 B6.8 B4.8 B
Slightly volatile
Total Operating Expenses6.7 B10.1 B8.3 B
Slightly volatile
Income Before Tax1.8 BB2.3 B
Slightly volatile
Net Income1.8 B2.3 B2.3 B
Slightly volatile
Income Tax Expense453.1 M831 M543.9 M
Slightly volatile
Cost Of Revenue6.3 B5.3 B4.9 B
Slightly volatile
Net Income Applicable To Common Shares9.4 BB4.6 B
Slightly volatile
Selling General Administrative1.8 B2.5 B1.8 B
Pretty Stable
Net Income From Continuing Ops2.1 B2.2 B12 B
Pretty Stable
Tax Provision672.6 M831 M577 M
Slightly volatile
Interest Income406.3 M239 M561.5 M
Slightly volatile
Reconciled Depreciation1.9 B2.1 B1.7 B
Slightly volatile

National Grid Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow171.2 M163 M293.9 M
Pretty Stable
Depreciation2.2 B2.1 B1.4 B
Slightly volatile
Capital Expenditures7.8 B7.5 B4.1 B
Slightly volatile
Total Cash From Operating Activities7.3 B6.9 B4.9 B
Slightly volatile
Net Income2.7 B4.5 B3.1 B
Pretty Stable
End Period Cash Flow587 M559 M344.4 M
Very volatile
Dividends Paid1.2 B1.7 B1.4 B
Pretty Stable
Stock Based Compensation24.8 M37 M23.7 M
Slightly volatile
Issuance Of Capital Stock21.6 M20 M18.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.431.90582.0271
Pretty Stable
Dividend Yield0.03990.04540.0498
Very volatile
PTB Ratio1.21.26661.8511
Slightly volatile
Days Sales Outstanding35.2537.106865.0229
Slightly volatile
Book Value Per Share8.187.79285.1257
Slightly volatile
Operating Cash Flow Per Share1.91.8091.3955
Slightly volatile
Stock Based Compensation To Revenue0.00130.00190.0016
Pretty Stable
Capex To Depreciation1.93.34982.6705
Pretty Stable
PB Ratio1.21.26661.8511
Slightly volatile
EV To Sales4.164.2493.8512
Slightly volatile
ROIC0.04060.04270.0698
Slightly volatile
Inventory Turnover6.897.254810.2446
Slightly volatile
Net Income Per Share0.510.5970.8074
Pretty Stable
Days Of Inventory On Hand30.5750.311645.3084
Pretty Stable
Payables Turnover2.721.90091.6604
Slightly volatile
Sales General And Administrative To Revenue0.110.120.1021
Slightly volatile
Research And Ddevelopement To Revenue0.00260.00160.0015
Pretty Stable
Capex To Revenue0.180.34780.2657
Slightly volatile
Cash Per Share0.611.11010.9993
Pretty Stable
POCF Ratio10.775.45176.7239
Pretty Stable
Interest Coverage4.132.59723.1552
Very volatile
Payout Ratio0.40.75020.5418
Pretty Stable
Capex To Operating Cash Flow1.070.9950.8852
Slightly volatile
Days Payables Outstanding163192243
Pretty Stable
Income Quality1.631.55061.3502
Slightly volatile
ROE0.07280.07670.1729
Slightly volatile
EV To Operating Cash Flow19.4412.154812.7665
Slightly volatile
PE Ratio8.7416.519412.446
Pretty Stable
Return On Tangible Assets0.02550.02690.0545
Slightly volatile
Earnings Yield0.080.06050.0983
Very volatile
Intangibles To Total Assets0.07060.13380.1051
Slightly volatile
Net Debt To EBITDA4.336.80815.5594
Slightly volatile
Current Ratio0.750.91130.9102
Pretty Stable
Tangible Book Value Per Share4.584.3622.9638
Slightly volatile
Receivables Turnover5.439.83656.5049
Pretty Stable
Graham Number10.7410.22699.2889
Slightly volatile
Shareholders Equity Per Share8.187.78635.1218
Slightly volatile
Debt To Equity1.471.551.7394
Slightly volatile
Capex Per Share1.891.79991.2295
Slightly volatile
Revenue Per Share2.745.17494.2106
Slightly volatile
Interest Debt Per Share13.1412.51779.0665
Slightly volatile
Debt To Assets0.380.47080.4532
Very volatile
Enterprise Value Over EBITDA9.3612.345211.3545
Slightly volatile
Short Term Coverage Ratios2.441.46241.3629
Pretty Stable
Price Earnings Ratio8.7416.519412.446
Pretty Stable
Operating Cycle73.8487.4184101
Pretty Stable
Price Book Value Ratio1.21.26661.8511
Slightly volatile
Days Of Payables Outstanding163192243
Pretty Stable
Dividend Payout Ratio0.40.75020.5418
Pretty Stable
Price To Operating Cash Flows Ratio10.775.45176.7239
Pretty Stable
Pretax Profit Margin0.260.15360.1871
Slightly volatile
Ebt Per Ebit0.870.68110.7439
Pretty Stable
Operating Profit Margin0.30.22540.2466
Slightly volatile
Company Equity Multiplier6.243.29213.939
Very volatile
Long Term Debt To Capitalization0.490.58180.5783
Pretty Stable
Total Debt To Capitalization0.520.60780.617
Pretty Stable
Return On Capital Employed0.04890.05150.0774
Slightly volatile
Debt Equity Ratio1.471.551.7394
Slightly volatile
Ebit Per Revenue0.30.22540.2466
Slightly volatile
Quick Ratio0.720.84720.8644
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.580.80480.8793
Slightly volatile
Net Income Per E B T0.810.75131.0964
Very volatile
Cash Ratio0.04660.04910.0745
Slightly volatile
Operating Cash Flow Sales Ratio0.180.34960.304
Very volatile
Days Of Inventory Outstanding30.5750.311645.3084
Pretty Stable
Days Of Sales Outstanding35.2537.106865.0229
Slightly volatile
Cash Flow Coverage Ratios0.20.14990.1822
Slightly volatile
Price To Book Ratio1.21.26661.8511
Slightly volatile
Fixed Asset Turnover0.480.28810.3753
Slightly volatile
Capital Expenditure Coverage Ratio0.771.00511.1495
Slightly volatile
Price Cash Flow Ratio10.775.45176.7239
Pretty Stable
Enterprise Value Multiple9.3612.345211.3545
Slightly volatile
Debt Ratio0.380.47080.4532
Very volatile
Cash Flow To Debt Ratio0.20.14990.1822
Slightly volatile
Price Sales Ratio2.431.90582.0271
Pretty Stable
Return On Assets0.02210.02330.0492
Slightly volatile
Asset Turnover0.340.20190.2635
Slightly volatile
Net Profit Margin0.110.11540.1878
Pretty Stable
Gross Profit Margin0.520.73320.7436
Pretty Stable
Price Fair Value1.21.26661.8511
Slightly volatile
Return On Equity0.07280.07670.1729
Slightly volatile

National Grid Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap35.7 B34 B30.2 B
Slightly volatile
Enterprise Value79.7 B75.9 B65.6 B
Slightly volatile

National Fundamental Market Drivers

Forward Price Earnings14.9701
Cash And Short Term Investments4.2 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 Revenue127 M133.3 M
Total Revenue19.9 B11.1 B
Cost Of Revenue5.3 B6.3 B
Sales General And Administrative To Revenue 0.12  0.11 
Capex To Revenue 0.35  0.18 
Revenue Per Share 5.17  2.74 
Ebit Per Revenue 0.23  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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market 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
(0.82)
Dividend Share
0.55
Earnings Share
2.56
Revenue Per Share
3.9126
Quarterly Revenue Growth
(0.06)
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.