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Drax Group

Current Price 863.50p Bid 863.00p Ask 863.50p Change -0.06%
Last Updated: 07/03/2026 02:28. Prices delayed by at least 15 minutes.
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Company Overview

Drax Group is a renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Drax operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. It is the UK's largest source of renewable electricity. The company also operates a global bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia.

Financial Highlights Year Ended 31/12/2025

Revenue
£5,390.70m
Operating Profit/Loss
£241.30m
Dividend yield (%)
3.50
Total dividend for year
n/ap
Dividend cover
4.75
P/E Ratio
6.10

Key Personnel

Mr Frank Lemmink
CFO & Executive Director
Ms Andrea Bertone
Chairman
Mr Will Gardiner
Chief Executive Officer
Mr Erika Peterman
Non-Executive Director
Mr John Baxter
Non-Executive Director
Mr Kim Keating
Non-Executive Director
Mr Mark Clare
Non-Executive Director
Mr Rob Shuter
Non-Executive Director
Mr David Nussbaum
Senior Independent Director

Stock Details

EPIC
DRXL
ISIN
GB00B1VNSX38
Shares in Issue
406.35m
Market cap
£3,508.81m

Analyst Views (2)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
863.50p
Bid Price
863.00p
Ask Price
863.50p
Volume
172,377
Change Today
-0.50p
% Change Today
-0.06%
Open
866.50p
Previous Close
863.50p
Intraday High
872.00p
Intraday Low
855.00p
52 Week High
914.50p
52 Week Low
537.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

News

Drax CFO to take medical leave of absence 05/03/2026 10:03:35 Drax reports record renewable generation in 2025 26/02/2026 08:24:51 Drax signs 200MW tolling agreement with Zenobē Coalburn 19/02/2026 08:26:27 Citi downgrades Drax to 'neutral' from 'buy' 12/02/2026 13:10:50 Drax Group could cut 350 jobs in restructuring 04/02/2026 07:02:23 Drax to acquire Flexitricity in £36m deal 21/01/2026 08:02:55 Holding(s) in Company 02/01/2026 07:00:02 Holding(s) in Company 30/12/2025 14:02:52 Transaction in Own Shares 23/12/2025 07:00:02 Holding(s) in Company 22/12/2025 12:00:40 Transaction in Own Shares 22/12/2025 07:00:03 Transaction in Own Shares 19/12/2025 07:00:02 Drax sees earnings at top end; Could start data centre by 2027 11/12/2025 07:11:50 Drax powers ahead after Citi upgrade to 'buy' 03/12/2025 12:42:04 Drax signs new dispatchable power deal with UK government 05/11/2025 07:45:15 Drax to acquire three BESS projects from Apatura 30/10/2025 09:30:04 FCA investigating Drax over biomass sourcing statements 28/08/2025 07:23:31 Drax hikes interim dividend despite H1 EBITDA fall 31/07/2025 08:12:08 JPMorgan resumes coverage of Drax at 'overweight' 04/07/2025 09:33:30 Drax taps Frank Lemmink for CFO 01/07/2025 07:46:36 Jefferies resumes coverage of Drax at 'buy' 02/06/2025 13:30:55 Drax lets proposed HEIT acquisition lapse 30/05/2025 08:02:15 Drax sees FY at top end of estimates 01/05/2025 08:24:44 Sunday newspaper round-up: India-Pakistan, Drax group, Shein 27/04/2025 20:51:37 Harmony board drops Drax bid in favour of Foresight offer 17/04/2025 11:09:03

Income Statement

Year End Date
31 Dec 2025
31 Dec 2024
 
£ (M)
£ (M)
Continuing Operations
Revenue
5,390.70
6,162.50
Operating Profit/Loss
241.30
850.20
Net Interest
-57.60
-87.40
Pre-Tax Profit
189.50
753.40
Profit After Tax from continuing operations
68.20
525.50
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
68.20
525.50
Attributable to:
Equity Holders of Parent Company
73.00
526.60
Minority Interests
-4.80
-1.10
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2025
31 Dec 2024
Basic
20.70p
137.50p
Diluted
20.20p
134.80p
Adjusted
137.70p
128.40p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Dec 2025
31 Dec 2024
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
2,496.80
2,902.90
Intangible Assets
438.90
483.20
Investment Properties
n/a
n/a
Investments
n/a
3.60
Other Financial Assets
24.40
81.70
Other Non-Current Assets
60.80
73.30
Current Assets
Inventories
223.80
302.00
Trade & Other Receivables
337.80
470.30
Cash at Bank & In Hand
302.10
356.00
Current Asset Investments
n/a
175.60
Other Current Assets
610.80
715.60
Other Assets
n/a
n/a
Total Assets
4,495.40
5,388.60

Liabilities

Year End Date
31 Dec 2025
31 Dec 2024
 
£ (M)
£ (M)
Current Liabilities
Borrowings
89.50
145.00
Other Current Liabilities
1,282.70
1,390.00
Total Current Liabilities
1,372.20
1,535.00
Non-Current Liabilities
Borrowings
988.10
1,148.20
Provisions
346.30
356.10
Other Non-Current Liabilities
75.60
262.20
Total Non-Current Liabilities
1,410.00
1,766.50
Other Liabilities
n/a
n/a
Total Liabilities
2,782.20
3,301.50

Net Assets

Year End Date
31 Dec 2025
31 Dec 2024
 
£ (M)
£ (M)
Net Assets
1,713.20
2,087.10

Capital & Reserves

Year End Date
31 Dec 2025
31 Dec 2024
 
£ (M)
£ (M)
Share Capital
49.90
49.40
Share Premium Account
448.50
443.80
Other Reserves
103.90
466.00
Retained Earnings
1,110.90
1,118.10
Shareholders Funds
1,713.20
2,077.30
Minority Interests/Other Equity
n/a
9.80
Total Equity
1,713.20
2,087.10

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
23 Apr 2026
15 May 2026
17.40p
Interim
25 Sep 2025
24 Oct 2025
11.60p
Final
24 Apr 2025
16 May 2025
15.60p
Interim
19 Sep 2024
25 Oct 2024
10.40p
Final
18 Apr 2024
17 May 2024
13.90p
Interim
24 Aug 2023
06 Oct 2023
9.20p
Final
20 Apr 2023
19 May 2023
12.60p
Interim
25 Aug 2022
07 Oct 2022
8.40p
Final
28 Apr 2022
13 May 2022
11.30p
Interim
26 Aug 2021
08 Oct 2021
7.50p
Final
22 Apr 2021
14 May 2021
10.30p
Interim
20 Aug 2020
02 Oct 2020
6.80p
Final
23 Apr 2020
15 May 2020
9.50p
Interim
19 Sep 2019
11 Oct 2019
6.40p
Final
18 Apr 2019
10 May 2019
8.50p
Interim
20 Sep 2018
12 Oct 2018
5.60p
Final
19 Apr 2018
11 May 2018
7.40p
Interim
21 Sep 2017
06 Oct 2017
4.90p
Final
20 Apr 2017
12 May 2017
0.40p
Interim
22 Sep 2016
07 Oct 2016
2.10p
Final
21 Apr 2016
13 May 2016
0.60p
Interim
24 Sep 2015
09 Oct 2015
5.10p
Special
17 Sep 2008
08 Oct 2008
9.70p
Special
17 Sep 2008
08 Oct 2008
9.70p
Special
17 Sep 2008
08 Oct 2008
9.70p
Special
17 Sep 2008
08 Oct 2008
9.70p

Dividend Metrics

Year End Date
31 Dec 2025
31 Dec 2024
Dividend growth
11.54%
12.55%
Dividend yield
3.50%
4.00%
Dividend cover
4.75
4.94


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