National Grid plc
United Kingdom · GB00BDR05C01 · reports in GBP · Europe
The answers
From the annual report for the year to Mar 31, 2026. Each line says what it is based on.
- Is it growing?Fair
- Revenue −3.8% in the year to Mar 31, 2026, on the year before.
- Is it a good business?Fair
- It earned 8.2% on its shareholders' equity in the year to Mar 31, 2026.
- Is it safe?Fair
- Equity is 36% of its assets.
- Is the price fair?n/a
- Not answered: no exchange publishes this company's price for free reuse, so there is no P/E here.
The year
Year to Mar 31, 2026, consolidated, in GBP.
£17.7B
revenue
31%
operating margin
£3.2B
net profit
Year by year
As filed; an earlier year can differ from its own report when the company restated it.
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Revenue | £21.7B | £19.9B | £18.4B | £17.7B |
| Operating profit | £4.9B | £4.5B | £4.9B | £5.4B |
| Net profit to shareholders | £7.8B | £2.3B | £2.9B | £3.2B |
| Earnings per share | £2.13 | £0.57 | £0.62 | £0.66 |
| Dividend per share | n/a | n/a | n/a | £0.47 |
| Capital spending | £6.3B | £6.9B | £8.8B | £10.0B |
| Cash | £163M | n/a | £1.2B | £375M |
| Total assets | £92.7B | n/a | £106.7B | £108.3B |
| Equity | £29.6B | £29.9B | £37.8B | £39.3B |
What they do
In the company's own words, from the annual report.
National Grid’s principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in northeastern US.
Source: the company’s annual financial report in ESEF, via filings.xbrl.org (XBRL International). Listed shares from ESMA’s FIRDS register; ESMA does not endorse this site. Ryufin computed the answers and ratios from the filed figures.