National Grid (NG.)

Sector:

Utilities

Index:

FTSE 100

1,136.00p
   
  • Change Today:
    -6.50p
  • 52 Week High: 1,145.50
  • 52 Week Low: 932.00
  • Currency: UK Pounds
  • Shares Issued: 3,721.35m
  • Volume: 28,739,961
  • Market Cap: £42,274m

Income Statement - Normalised

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing Operations          
Revenue 21,659.00 18,449.00 13,665.00 14,540.00 14,933.00
           
EBITDA 7,205.00 6,198.00 4,039.00 2,867.00 2,938.00
Depreciation & Amortisation (1,984.00) (1,830.00) (1,672.00) n/a n/a
           
Operating Profit/(Loss) 5,221.00 4,368.00 2,367.00 2,867.00 2,938.00
Interest Payable (1,598.00) (1,072.00) (853.00) (1,167.00) (1,066.00)
Interest Receivable/Investment Income 138.00 50.00 58.00 54.00 73.00
           
Group Profit after Interest 3,761.00 2,788.00 1,572.00 1,754.00 1,945.00
Share of Assoc Cos/JV Profits (171.00) 92.00 58.00 n/a n/a
           
Profit Before Tax 3,590.00 2,880.00 1,630.00 1,754.00 1,945.00
Tax (635.00) (669.00) (368.00) (480.00) (488.00)
           
Profit After Tax 2,955.00 2,211.00 1,262.00 1,274.00 1,457.00
           
Discontinued Operations          
Profit After Tax 5,083.00 344.00 340.00 (9.00) 57.00
           
PROFIT FOR PERIOD 8,038.00 2,382.00 1,599.00 1,265.00 1,514.00
           
Attributable to:          
Equity Holders of Parent Company 8,038.00 2,382.00 1,598.00 1,264.00 1,511.00
Minority Interests n/a n/a (1.00) (1.00) (3.00)
           
Equity Dividends cn/a cn/a cn/a cn/a cn/a
Retained Profit/(Loss) for the Financial Year c8,038.00 c2,382.00 c1,598.00 c1,264.00 c1,511.00


Per Share Record - Normalised 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing EPS          
Earnings per Share - Basic 80.76p 61.43p 35.79p 35.96p 42.94p
Earnings per Share - Diluted 80.39p 61.15p 35.62p 35.79p 42.75p
Earnings per Share - Adjusted 63.80p 61.40p 36.70p 55.20p 59.00p
Continuing and Discontinued EPS          
Earnings per Share - Basic 219.68p 66.19p 0.46p 35.71p 11.15p
Earnings per Share - Diluted 218.66p 65.87p 0.46p 35.54p 11.10p
Earnings per Share - Adjusted 63.80p 61.40p 46.40p 55.20p 59.00p
           
Dividend per Share 55.44p 50.97p 49.16p 48.57p 47.34p


Key Financals 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Shares in Issue (millions)          
Shares in Issue - Year End 3,930.37 3,904.07 3,549.00 3,780.00 3,687.00
Weighted Average 3,659.00 3,599.00 3,523.00 3,540.00 3,386.00
Diluted 3,676.00 3,616.00 3,540.00 3,557.00 3,401.00
           
Performance Ratios          
Continuing Operations          
Operating Margin 24.11% 23.68% 17.32% 19.72% 19.67%
Return on Capital Employed 7.28% 5.88% 0.05% 5.70% 1.56%
Continuing Operations & Discontinued Operations          
Return on Equity 20.21% 7.07% 0.06% 4.77% 1.50%
           
Financial Status          
Continuing Operations          
Interest Cover - Continuing 3.25 3.69 2.91 2.50 2.82
Revenue per Share 591.94p 512.62p 3.92p 410.73p 110.18p
Pre-Tax Profit Per Share - Continuing 98.11p 80.02p 0.47p 49.55p 14.35p
           
Market Data          
Continuing Operations          
Earnings Per Share Growth - Basic 32% 72% -0% -16% 10%
Earnings Per Share Growth - Diluted 32% 72% -0% -16% 10%
PE Ratio - Company Adjusted 13.6 19.1 24.1 26.3 19.8
PEG - Company Adjusted 0.4 0.3 n/a n/a 2.0
Dividend Cover 1.46 1.21 0.73 0.74 0.91
Continuing Operations & Discontinued Operations          
Earnings per Share - Company Adjusted 232% 14,355% -99% 220% -79%
Earnings per Share - Diluted 232% 14,357% -99% 220% -79%
PE Ratio - Company Adjusted 5.0 17.7 1,887.1 26.5 76.3
PEG - Company Adjusted 0.0 0.0 n/a 0.1 n/a
Dividend Cover 3.96 1.30 0.01 0.74 0.24
           
Market Capitalisation £ (Millions) 43,096.52 45,771.37 30,663.36 35,781.48 31,369.00
Dividend per Share 55.44p 50.97p 49.16p 48.57p 47.34p
Dividend Yield 5.1% 4.3% 5.7% 5.1% 5.6%
Dividend per Share Growth 8.77% 3.68% 1.21% 2.60% 10.43%

Key

* GAAP

a. Includes discontinued activities

b. Includes preference dividends

c. Not disclosed under IFRS

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

Top of Page