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National Grid PLC Fundamentals

Company NameNational Grid PLCLast Updated2024-06-20
IndustryUtilities - Regulated ElectricSectorUtilities
Shares in Issue4.807 bnMarket Cap£43.48 bn
PE Ratio16.42Dividend per Share£0.52
Dividend Yield6.32Dividend Cover1.05
EPS£0.57EPS Growth (%)0.08
PEG1.77DPS Growth (%)0.1047
Debt Ratio0.4787Debt Equity Ratio1.4134
Asset Equity Ratio3.2893Cash Equity Ratio0.1421
Quick Ratio0.6390Current Ratio0.91
Price To Book Value1.4501ROCE0

National Grid PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Prelim2024-06-062024-07-19GBP0.3912
Interim2023-11-232024-01-11GBP0.1783
Prelim2023-06-012023-08-09GBP0.3456
Interim2022-11-242023-01-11GBP0.1640
Prelim2022-06-012022-08-17GBP0.3103
Interim2021-12-022022-01-19GBP0.1582
Prelim2021-06-032021-08-18GBP0.2956

National Grid PLC Company Financials

Assets2024202320222021
Tangible Assets£68.91 bn£64.43 bn£57.53 bn£47.04 bn
Intangible Assets£13.16 bn£13.45 bn£12.80 bn£6.03 bn
Investments£2.30 bn£2.16 bn£2.07 bn£1.62 bn
Total Fixed Assets£87.95 bn£83.58 bn£76.90 bn£57.28 bn
Stocks£730.00 m£740.00 m£393.00 m£347.00 m
Debtors£3.03 bn£3.44 bn£3.29 bn£2.53 bn
Cash & Equivalents£4.25 bn£2.73 bn£3.33 bn£2.49 bn
Other Assets£3.58 bn£3.54 bn£4.49 bn£2.58 bn
Total Assets£98.33 bn£92.70 bn£94.86 bn£67.22 bn
Liabilities2024202320222021
Creditors within 1 year£11.39 bn£9.13 bn£24.77 bn£9.37 bn
Creditors after 1 year£57.04 bn£54.01 bn£46.23 bn£37.99 bn
Other Liabilities£1.47 bn£109.00 m£7.19 bn£1.57 bn
Total Liabilities£68.43 bn£63.13 bn£71.00 bn£47.36 bn
Net assets£29.89 bn£29.56 bn£23.86 bn£19.86 bn
Equity2024202320222021
Called up share capital£493.00 m£488.00 m£485.00 m£474.00 m
Share Premium£1.32 bn£1.30 bn£1.32 bn£1.31 bn
Profit / Loss£3.05 bn£3.59 bn£3.44 bn£1.66 bn
Other Equity£29.87 bn£29.54 bn£23.83 bn£19.84 bn
Preference & Minorities£25.00 m£24.00 m£23.00 m£21.00 m
Total Capital Employed£29.89 bn£29.56 bn£23.86 bn£19.86 bn
Ratios2024202320222021
Debt Ratio£0.59£0.58£0.58£0.58
Debt-to-Equity£1.41£1.36£1.40£1.39
Assets / Equity3.28933.28933.28933.2893
Cash / Equity0.14210.14210.14210.1421
EPS£0.73£0.67£0.55£0.33
Cash Flow2024202320222021
Cash from operating activities£6.94 bn£6.90 bn£6.27 bn£4.46 bn
Cashflow before financing£7.93 bn-£275.00 m£14.04 bn£5.21 bn
Increase in Cash£427.00 m-£35.00 m£31.00 m£95.00 m
Income2024202320222021
Turnover£19.85 bn£21.66 bn£18.45 bn£13.66 bn
Cost of sales£5.30 bn£8.62 bn£6.10 bn£4.25 bn
Gross Profit£14.55 bn£13.04 bn£12.35 bn£9.41 bn
Operating Profit£4.47 bn£4.88 bn£4.37 bn£2.40 bn
Pre-Tax profit£3.05 bn£3.59 bn£3.44 bn£1.66 bn

National Grid PLC Company Background

SectorUtilities
ActivitiesNational Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the UK, and the Grain (UK) liquefied natural gas facility.
Latest Interim Date9 Nov 2023
Latest Fiscal Year End Date23 May 2024

National Grid PLC Directors

AppointedNamePosition
2019-06-05Mr. Andrew Robert John Bonfield Executive Director,Finance Director
2019-11-05Mr. Dean L. Seavers, M.B.A.Executive Director
2024-05-23Ms. Martha B. Wyrsch Non-Executive Director
2014-07-29Ms. Maria RichterNon-Executive Director
2019-04-08Ms. Nora Mead BrownellNon-Executive Director
2024-06-14Ms. Paula Rosput ReynoldsNon-Executive Director,Chairman
2011-08-09Mr. Robert B. CatellNon-Executive Director,Deputy Chairman
2011-08-09Mr. Stephen Charles LucasExecutive Director
2024-06-14Lord Ian Paul LivingstonNon-Executive Director,Senior Independent Director
2010-08-17Mr. John Murray Allan CBENon-Executive Director
2013-05-16Ms. Linda L. AdamanyNon-Executive Director
2011-08-09Mr. Mark Fairbairn OBEExecutive Director
2014-07-28Mr. Nicholas Paul WinserExecutive Director
2015-02-25Mr. Philip Stanley Aiken AMNon-Executive Director
2017-06-06Mr. Steven John HollidayExecutive Director
2013-07-29Mr. George W RoseNon-Executive Director
2013-07-29Mr. Kenneth George Harvey CBENon-Executive Director
2011-08-09Dr. Roger John Urwin, CBEExecutive Director,Group Chief Executive
2013-05-16Mr. Stephen Raymond PettitNon-Executive Director
2015-03-31Mr. Thomas B KingExecutive Director
2018-07-30Mr. Pierre Dufour Non-Executive Director
2021-04-30Sir Peter Oliver Gershon CBENon-Executive Director,Chairman
2011-08-18Sir Thomas John ParkerNon-Executive Director,Chairman
2011-08-09Mr. Edward Morrison AstleExecutive Director
2021-05-20Dr. Paul Golby CBENon-Executive Director
2021-12-31Mr. Mark David WilliamsonNon-Executive Director,Senior Independent Director
2023-06-06Mr. Jonathan Donald Sherlock DawsonNon-Executive Director
2022-06-07Ms. Lucy Nicola Shaw CBEExecutive Director
2007-05-16Professor Paul L JoskowNon-Executive Director
2011-08-09Mr. Mike JesanisExecutive Director
2017-07-31The Honourable Ruth KellyNon-Executive Director
2023-06-06Ms. Amanda MeslerNon-Executive Director
2020-07-29Ms. Alison KayCompany Secretary & General Counsel
2024-01-31Ms. Liz Hewitt Non-Executive Director
2024-06-14Mr. John Mark PettigrewExecutive Director,Chief Executive Officer
2023-12-28Ms. Therese EsperdyNon-Executive Director,Senior Independent Director
2024-06-14Mr. Anthony Wood Non-Executive Director
2024-05-23Mr. Earl L. Shipp Non-Executive Director
2024-06-14Mr. Andy Agg Executive Director,Chief Financial Officer
2024-05-23Mr. Tony Wood

National Grid PLC Contact Details

Company NameNational Grid PLC
Address1-3 Strand, London, WC2N 5EH
Telephone+44 2070043227
Websitehttps://www.nationalgrid.com

National Grid PLC Advisors

StockbrokerDeutsche Bank AG London
Phone+44 2075458000
Fax+44 2075454577
Remuneration ConsultantWillis Towers Watson
Phone+44 2071702000
Fax+44 2071702222
Remuneration ConsultantAon Hewitt Ltd
Phone+44 2070868000
RegistrarCapita Asset Services
Phone+44 8716640300
Fax+44 2086392342
Remuneration ConsultantLinklaters
Phone(020) 7456 2000
Fax(020) 7456 2222
Remuneration ConsultantMercer Human Resource Consulting
Phone+44 2076266000
Fax+44 2079297445
SolicitorLinklaters
Phone+44 2074562000
Fax+44 2074562222
StockbrokerBarclays Bank PLC
Phone+44 2076232323
BankBarclays Bank PLC
Financial PR AdviserBrunswick Group LLP
Phone+44 2074045959
Fax+44 2078312823
Financial AdviserBarclays
Phone+44 2076232323
AuditorPricewaterhouseCoopers LLP
Phone+44 2075835000
Fax+44 2078224652
SolicitorAllen & Overy LLP
Phone+44 2030880000
Fax+44 207339999
Remuneration ConsultantAlithos Ltd
Financial AdviserBank of America Merrill Lynch
Phone+44 2079952000
Fax+44 2079954525