National Grid (NGL)

988.60p
   
  • Change Today:
    -6.80p
  • 52 Week High: 1,141.00
  • 52 Week Low: 834.60
  • Currency: UK Pounds
  • Shares Issued: 3,747.15m
  • Volume: 551,432
  • Market Cap: £37,044m

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
Revenue 19,850.00 21,659.00 18,449.00 13,665.00 14,540.00
Operating Profit/(Loss) 4,475.00 4,879.00 4,371.00 2,401.00 2,780.00
Profit Before Tax 3,048.00 3,590.00 3,441.00 1,664.00 1,754.00
Profit After Tax 2,217.00 2,714.00 2,183.00 1,304.00 1,274.00
           
Earnings per Share - Basic 60.00p 74.20p 60.60p 46.60p 36.80p
Earnings per Share - Adjusted 84.00p 63.80p 61.40p 36.70p 55.20p
           
Dividend per Share 58.52p 55.44p 50.97p 49.16p 48.57p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 68,907.00 64,433.00 57,532.00 47,043.00 49,762.00
Intangible Assets 13,160.00 13,451.00 12,804.00 6,031.00 7,007.00
Other Non-Current Assets 3,255.00 3,265.00 4,188.00 2,040.00 2,203.00
  87,946.00 83,584.00 76,897.00 57,278.00 61,759.00
Current Assets          
Inventories 828.00 876.00 511.00 439.00 549.00
Cash at Bank & in Hand 559.00 163.00 204.00 157.00 73.00
Other Current Assets 1,834.00 1,486.00 10,106.00 4,081.00 195.00
  10,379.00 9,113.00 17,963.00 9,938.00 5,801.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 98,325.00 92,697.00 94,860.00 67,216.00 67,560.00
Current Liabilities          
Borrowings 4,986.00 3,207.00 12,121.00 3,737.00 4,072.00
Other Current Liabilities 6,403.00 5,923.00 12,649.00 5,631.00 4,492.00
           
Current Liabilities 11,389.00 9,130.00 24,770.00 9,368.00 8,564.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Borrowings 44,332.00 41,784.00 33,344.00 27,483.00 26,722.00
Other Non-Current Liabilities 2,382.00 2,686.00 3,016.00 3,723.00 5,729.00
Non-Current Liabilities 57,044.00 54,005.00 46,234.00 37,988.00 39,203.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 68,433.00 63,135.00 71,004.00 47,356.00 47,767.00
           
Net Assets 29,892.00 29,562.00 23,856.00 19,860.00 19,793.00
           
Shareholders Funds 29,867.00 29,538.00 23,833.00 19,839.00 19,771.00
           
Minority Interests/Other Equity 25.00 24.00 23.00 21.00 22.00
Total Equity 29,892.00 29,562.00 23,856.00 19,860.00 19,793.00
Cash Flow 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Net Cash Flow From Operating Activities 6,939.00 6,898.00 6,272.00 4,461.00 4,618.00
Net Cash Flow from Investing Activities (7,499.00) 240.00 (14,010.00) (5,116.00) (3,195.00)
Net Cash Flow from Financing Activities 987.00 (7,173.00) 7,769.00 750.00 (1,606.00)
Net Increase/Decrease In Cash 427.00 (35.00) 31.00 95.00 (183.00)
Ratios - based on IFRS 31-Mar-24 31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Continuing Operations          
PE Ratio - Adjusted 12.7 17.2 19.1 23.5 17.1
PEG - Adjusted 0.4 4.3 0.3 n/a n/a
Earnings per Share Growth - Adjusted 32% 4% 67% -34% -6%
Dividend Cover 1.44 1.15 1.20 0.75 1.14
Revenue per Share 537.65p 591.94p 512.62p 3.92p 410.73p
Pre-Tax Profit per Share 82.56p 98.11p 95.61p 0.48p 49.55p
Operating Margin 22.54% 22.53% 23.69% 17.57% 19.12%
Return on Capital Employed 5.91% 7.15% 6.72% 0.05% 5.70%
           
Dividend Yield 5.5% 5.0% 4.3% 5.7% 5.1%
Dividend per Share Growth 5.56% 8.77% 3.68% 1.21% 2.60%
Operating Cash Flow per Share 187.95p 188.52p 174.27p 126.62p 130.45p
Cash Incr/Decr per Share 11.57p (0.96p) 0.86p 0.027p (5.17p)
Net Asset Value per Share (exc. Intangibles) 453.20p 440.31p 307.08p 392.54p 361.19p
Net Gearing 163.25% 151.76% 189.91% 156.58% 155.38%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 5 minutes.

Note 2: Forecast figures based on normalised accounts.

 

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