National Grid PLC (NGG) Financial Statements
Historical financial data — 5 statements covering FY2022–FY2026
National 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...
National Grid PLC's revenue decreased 3.8% year over year, from $18.38B to $17.69B.
Net income increased 11.7% over the same period, from $2.90B to $3.24B.
Over the 4-year period from FY2022 to FY2026, revenue declined by 4% in total.
Total debt remained relatively stable at $46.76B.
The debt-to-equity ratio stands at 1.19, indicating a elevated leverage profile.
National Grid PLC maintains a healthy net profit margin of 18.3%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| H2 FY2022 | $18.45B | $2.35B | $18.45B | $4.37B | N/A | $94.86B | $45.47B | $23.86B |
| H2 FY2023 | $21.66B+17.4% | $7.80B | $21.66B | $4.88B | N/A | $92.70B | $42.98B | $29.56B |
| H2 FY2024 | $19.85B-8.4% | $2.29B | $19.85B | $4.47B | N/A | $98.33B | $47.07B | $29.89B |
| H2 FY2025 | $18.38B-7.4% | $2.90B | $18.38B | $4.93B | N/A | $106.74B | $47.54B | $37.83B |
| H2 FY2026 | $17.69B-3.8% | $3.24B | $17.69B | $5.43B | N/A | $108.28B | $46.76B | $39.33B |
Balance Sheet Summary (Latest Period)
Total Assets
$108.28B
Total Liabilities
$68.95B
Total Equity
$39.33B
Cash & Equivalents
$2.83B
Total Debt
$46.76B
Current Assets
$7.49B
Current Liabilities
$9.80B
Retained Earnings
$41.91B