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National Grid

Current Price 1040.50p Bid 1040.00p Ask 1040.50p Change -0.36%
Last Updated: 19/03/2024 10:25. Prices delayed by at least 15 minutes.
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Company Overview

National Grid plc is an energy company. The Company's businesses supply gas and electricity to various customers and communities. Its segments include UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of Western Power Distribution in East Midlands, West Midlands, and Southwest of England and South Wales. The UK Electricity System Operator segment is the Great Britain system operator. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England.

Financial Highlights Year Ended 31/03/2023

Revenue
£21,659.00m
Operating Profit/Loss
£4,879.00m
Dividend yield (%)
5.00
Total dividend for year
n/ap
Dividend cover
1.15
P/E Ratio
17.20

Key Personnel

Mr John Pettigrew
Chief Executive Officer
Mr Andrew Agg
Chief Financial Officer
Mr Anne E. Robinson
Non-Executive Director
Mr Earl Shipp
Non-Executive Director
Mr Iain Mackay
Non-Executive Director
Mr Ian Livingston
Non-Executive Director
Mr Jonathan Silver
Non-Executive Director
Mr Martha B. Wyrsch
Non-Executive Director
Mr Tony Wood
Non-Executive Director
Mrs Paula Rosput Reynolds
Non-Executive Director
Ms Liz Hewitt
Non-Executive Director
Mr Jacqui Ferguson
Vice Chairman and CEO

Stock Details

EPIC
NGL
ISIN
GB00B08SNH34
Shares in Issue
3,747.15m
Market cap
£38,989.08m

Analyst Views (1)

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
1,040.50p
Bid Price
1,040.00p
Ask Price
1,040.50p
Volume
209,906
Change Today
-3.75p
% Change Today
-0.36%
Open
1,039.00p
Previous Close
1,044.25p
Intraday High
1,043.00p
Intraday Low
1,033.50p
52 Week High
1,164.00p
52 Week Low
931.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
21,659.00
18,449.00
Operating Profit/Loss
4,879.00
4,371.00
Net Interest
-1,460.00
-1,022.00
Pre-Tax Profit
3,590.00
3,441.00
Profit After Tax from continuing operations
2,714.00
2,183.00
Discontinued Operations
Profit After Tax
5,083.00
171.00
Profit/Loss for the Year
7,797.00
2,354.00
Attributable to:
Equity Holders of Parent Company
7,797.00
2,354.00
Minority Interests
n/a
n/a
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 Mar 2023
31 Mar 2022
Basic
74.20p
60.60p
Diluted
73.80p
60.30p
Adjusted
63.80p
61.40p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
64,433.00
57,532.00
Intangible Assets
13,451.00
12,804.00
Investment Properties
n/a
n/a
Investments
1,300.00
1,238.00
Other Financial Assets
1,135.00
1,135.00
Other Non-Current Assets
3,212.00
4,188.00
Current Assets
Inventories
876.00
511.00
Trade & Other Receivables
3,883.00
3,715.00
Cash at Bank & In Hand
163.00
204.00
Current Asset Investments
2,758.00
3,427.00
Other Current Assets
1,486.00
10,106.00
Other Assets
n/a
n/a
Total Assets
92,697.00
94,860.00

Liabilities

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
2,955.00
12,121.00
Other Current Liabilities
6,175.00
12,649.00
Total Current Liabilities
9,130.00
24,770.00
Non-Current Liabilities
Borrowings
40,030.00
33,344.00
Provisions
10,229.00
9,874.00
Other Non-Current Liabilities
3,746.00
3,016.00
Total Non-Current Liabilities
54,005.00
46,234.00
Other Liabilities
n/a
n/a
Total Liabilities
63,135.00
71,004.00

Net Assets

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Net Assets
29,562.00
23,856.00

Capital & Reserves

Year End Date
31 Mar 2023
31 Mar 2022
 
£ (M)
£ (M)
Share Capital
488.00
485.00
Share Premium Account
1,302.00
1,300.00
Other Reserves
-3,860.00
-4,563.00
Retained Earnings
31,608.00
26,611.00
Shareholders Funds
29,538.00
23,833.00
Minority Interests/Other Equity
24.00
23.00
Total Equity
29,562.00
23,856.00

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
23 Nov 2023
11 Jan 2024
19.40p
Final
01 Jun 2023
09 Aug 2023
37.60p
Interim
24 Nov 2022
11 Jan 2023
17.84p
Final
01 Jun 2022
17 Aug 2022
33.76p
Interim
02 Dec 2021
19 Jan 2022
17.21p
Final
03 Jun 2021
18 Aug 2021
32.16p
Interim
26 Nov 2020
13 Jan 2021
17.00p
Final
02 Jul 2020
19 Aug 2020
32.00p
Interim
28 Nov 2019
15 Jan 2020
16.57p
Final
30 May 2019
14 Aug 2019
31.26p
Interim
22 Nov 2018
09 Jan 2019
16.08p
Final
31 May 2018
15 Aug 2018
30.44p
Interim
23 Nov 2017
10 Jan 2018
15.49p
Final
01 Jun 2017
16 Aug 2017
29.10p
Special
22 May 2017
02 Jun 2017
84.375p
Special
22 May 2017
02 Jun 2017
84.375p
Special
22 May 2017
02 Jun 2017
84.375p
Interim
24 Nov 2016
11 Jan 2017
15.17p
Final
02 Jun 2016
10 Aug 2016
28.34p
Interim
26 Nov 2015
13 Jan 2016
15.00p
Final
04 Jun 2015
05 Aug 2015
28.16p
Interim
20 Nov 2014
07 Jan 2015
14.71p

Dividend Metrics

Year End Date
31 Mar 2023
31 Mar 2022
Dividend growth
8.77%
3.68%
Dividend yield
5.00%
4.30%
Dividend cover
1.15
1.20


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