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 - Unadjusted

  £ (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 6,201.00 4,073.00 2,867.00 2,910.00
Depreciation & Amortisation (1,984.00) (1,830.00) (1,672.00) n/a n/a
           
Operating Profit/(Loss) 5,221.00 4,371.00 2,401.00 2,867.00 2,910.00
Interest Payable (1,598.00) (1,072.00) (853.00) (1,167.00) (1,157.00)
Interest Receivable/Investment Income 138.00 50.00 58.00 54.00 88.00
           
Group Profit after Interest 3,761.00 3,349.00 1,606.00 1,754.00 1,841.00
Share of Assoc Cos/JV Profits (171.00) 92.00 58.00 n/a n/a
           
Profit Before Tax 3,590.00 3,441.00 1,664.00 1,754.00 1,841.00
Tax (876.00) (1,258.00) (360.00) (480.00) (339.00)
           
Profit After Tax 2,714.00 2,183.00 1,304.00 1,274.00 1,502.00
           
Discontinued Operations          
Profit After Tax 5,083.00 171.00 337.00 (9.00) 12.00
           
PROFIT FOR THE PERIOD 7,797.00 2,354.00 1,641.00 1,265.00 1,514.00
           
Attributable to:          
Equity Shareholders' Earnings 7,797.00 2,354.00 1,640.00 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 cn/a cn/a cn/a cn/a cn/a


Per Share Record - Unadjusted 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Continuing EPS          
Earnings per Share - Basic 74.20p 60.60p 46.60p 36.80p 44.30p
Earnings per Share - Diluted 73.80p 60.30p 46.30p 36.60p 44.10p
Continuing and Discontinued EPS          
Earnings per Share - Basic 213.10p 65.40p 46.60p 36.50p 44.60p
Earnings per Share - Diluted 212.10p 65.00p 46.30p 36.30p 44.40p
           
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% 23.69% 17.57% 19.72% 19.49%
Tax Rate 23.29% 37.56% 23.16% 27.37% 18.41%
Return on Capital Employed 7.28% 6.72% 0.05% 5.70% 1.55%
Continuing Operations & Discontinued Operations          
Return on Equity (ROE) 19.61% 6.98% 0.06% 4.77% 1.50%
           
Financial Status          
Continuing Operations          
Interest Cover 3.25 4.21 2.95 2.50 2.59
Revenue per Share 591.94p 512.62p 3.92p 410.73p 110.18p
Pre-Tax Profit per Share 98.11p 95.61p 0.48p 49.55p 13.58p
           
Market Data          
Continuing Operations          
Earnings per Share Growth - Basic 22% 30% 27% -17% 12%
Earnings per Share Growth - Adjusted 4% 67% -34% -6% 34%
Earnings per Share Growth - Diluted 22% 30% 26% -17% 12%
PE Ratio - Adjusted 17.2 19.1 23.5 17.1 14.4
PEG - Adjusted 4.3 0.3 n/a n/a 0.4
Dividend Cover 1.15 1.20 0.75 1.14 1.25
Continuing Operations & Discontinued Operations          
Earnings per Share Growth - Basic 226% 13,804% -99% 228% -79%
Earnings per Share Growth - Adjusted 4% 13,010% -99% 274% -66%
Earnings per Share Growth - Diluted 226% 13,808% -99% 227% -79%
PE Ratio - Adjusted 17.2 19.1 1,844.7 17.1 57.7
PEG - Adjusted 4.3 0.0 n/a 0.1 n/a
Dividend Cover 1.15 1.20 0.01 1.14 0.31
           
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