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National Grid Fundamentals

Company Name National Grid Last Updated 18 Jul 2019
Industry Utilities Sector Multiutilities
Shares in Issue (m) 3,412.14 Market Cap (£m) 28,389.02
PE Ratio 18.66 Div per Share (p) 47.34
Div Yield 5.69 Div Cover 0.94
EPS 44.60 EPS Growth (%) -56.53
PEG -0.33 DPS Growth (%) 3.07
Debt Ratio 64.02 Debt Equity Ratio 0.79
Net Gearing 68.84 Gross Gearing 69.24
Asset Equity Ratio 3.25 Cash Equity Ratio 1.30
Quick Ratio 0.83 Current Ratio 0.87
Price To Book Value 1.47 ROCE 3.42

National Grid Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total
H2 Dividend 30 May 2019 14 Aug 2019 GBX 31.26 47.34
H1 Dividend 22 Nov 2018 09 Jan 2019 GBX 16.08
H2 Dividend 31 May 2018 16 Aug 2018 GBX 30.44 45.93
H1 Dividend 23 Nov 2017 10 Jan 2018 GBX 15.49
H2 Dividend 01 Jun 2017 16 Aug 2017 GBX 29.10 44.27
Special Dividend 18 May 2017 02 Jun 2017 GBX 84.38
H1 Dividend 24 Nov 2016 11 Jan 2017 GBX 15.17
H2 Dividend 02 Jun 2016 10 Aug 2016 GBX 28.34 43.34
H1 Dividend 26 Nov 2015 13 Jan 2016 GBX 15.00
H2 Dividend 04 Jun 2015 05 Aug 2015 GBX 28.16 42.87
H1 Dividend 20 Nov 2014 07 Jan 2015 GBX 14.71
H2 Dividend 04 Jun 2014 20 Aug 2014 GBX 27.54 42.03

National Grid Company Financials

Assets (£m) 2019 2018 2017
Tangible Assets 43,913 39,853 39,825
Intangible Assets 6,953 6,343 7,019
Investments 4,151 5,910 5,422
Total Fixed Assets 55,017 52,106 52,266
Stocks 370 341 403
Debtors 3,153 2,798 2,782
Cash & Equivalents 252 329 1,139
Other Assets 4,171 3,213 9,250
Total Assets 62,963 58,787 65,840
Liabilities (£m) 2019 2018 2017
Creditors within 1 year 9,129 8,697 10,511
Creditors after 1 year 34,465 31,242 34,945
Other Liabilities 0 0 0
Total Liabilities 43,594 39,939 45,456
Net assets 19,369 18,848 20,384
Equity (£m) 2019 2018 2017
Called up share capital 458 452 449
Share Premium 1,314 1,321 1,324
Profit / Loss 1,841 2,708 2,807
Other Equity -4,237 -4,540 -3,987
Preference & Minorities 20 16 16
Total Capital Employed 19,369 18,848 20,384
Ratios 2019 2018 2017
Debt Ratio 64.02 62.37 63.16
Debt-to-Equity 0.79 0.78 0.77
Net Gearing 68.84 67.38 67.31
Gross Gearing 69.24 67.94 69.04
Assets / Equity 3.25 3.12 3.23
Cash / Equity 1.30 1.75 5.59
EPS 44.60 102.60 207.10
Cash Flow (£m) 2019 2018 2017
Cash from operating activities 4,318 4,503 5,229
Cashflow before financing 1,284 6,740 915
Increase in Cash -80 -807 984
Income (£m) 2019 2018 2017
Turnover 14,933 15,250 15,035
Cost of sales 0 0 0
Gross Profit 0 0 0
Operating Profit 2,870 3,493 3,208
Pre-Tax profit 1,841 2,708 2,807
Profit / Loss for the year 458 452 449

National Grid Company Background

Sector Multiutilities
Activities National Grid plc's principal activities involve the transmission and distribution of electricity and gas in Great Britain and northeastern US. The company has three main operating segements: UK Electricity Transmission: High voltage electricity transmission networks in Great Britain. UK Gas Transmission : The gas transmission network in Great Britain and UK LNG storage activities. US Regulated: Gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York and New England and electricity generation facilities in New York. Other activities primarily relate to non-regulated businesses and other commercial operations not included within the above segments, including: UK gas metering activities; the Great Britain-France Interconnector; UK property management; a UK LNG import terminal; US LNG operations; US unregulated transmission pipelines; together with corporate activities.
Latest Interim Date 08 Nov 2018
Latest Fiscal Year End Date 16 May 2019

National Grid Directors

Appointed Director Position
01 Apr 2014 John Mark Pettigrew Chief Executive Officer
01 Jan 2019 Andrew Jonathan Agg Chief Financial Officer
01 Jul 2016 Lucy Nicola Shaw Executive Director
01 Apr 2015 Dean Lamont Seavers Executive Director
01 Aug 2011 Sir Peter Oliver Gershon Non-Executive Chairman
04 Mar 2013 Jonathan Donald Sherlock Dawson Non-Executive Director
03 Sep 2012 Mark David Williamson Non-Executive Director
17 May 2018 Amanda Jo Mesler Non-Executive Director
01 Feb 2012 Dr Paul Golby Non-Executive Director
18 Mar 2014 Therese Marie Esperdy Non-Executive Director
01 Jan 2019 Earsel Lloyd Shipp Non-Executive Director
16 May 2019 Jonathan Moses Silver Non-Executive Director

National Grid Contact Details

Company Name National Grid
Company Address 1-3 Strand, London WC2N 5EH.
Company Telephone +44 (0)20 7004 3000
Company Website http://investors.nationalgrid.com/

National Grid Advisors

Auditor Name PricewaterhouseCoopers LLP
Auditor Address 1 Embankment Place, London WC2N 6RH.
Auditor Website http://www.pwc.co.uk/
Auditor Telephone +44(0) 20 7583 5000
Registrar Name Capita Registrars
Registrar Address Northern House, Woodsome Park, Fenay Bridge, Huddersfield, West Yorkshire HD8 0LA.
Registrar Website http://www.capitaregistrars.com/
Registrar Telephone 0870 162 3100
Broker Name Merrill Lynch International
Broker Address Merrill Lynch Financial Centre, 2 King Edward Street, London, EC1A 1HQ.
Broker Website http://www.ml.com/
Broker Telephone +44 (0)20 7628 1000
Adviser Name N M Rothschild
Adviser Address 1 King William Street, London EC4N 7AR.
Adviser Website http://www.rothschild.com/
Adviser Telephone +44 (0)20 7280 5000
Solicitor Name n/a
Solicitor Address n/a
Solicitor Website n/a
Solicitor Telephone n/a
Stockbroker Name Barclays Capital
Stockbroker Address 5 The North Colonnade, Canary Wharf, London E14 4BB.
Stockbroker Website http://www.barcap.com/
Stockbroker Telephone +44 (0)20 7623 2323