Stocktoria
National Grid plc financials (annual)
Bars are annual figures from 2023 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | £17.7B | £18.4B | £19.9B | £21.7B |
| Gross profit | £14.1B | £14.2B | £14.6B | £13.0B |
| Operating income | £5.7B | £5.4B | £4.7B | £4.9B |
| Interest expense | £1.6B | £1.8B | £1.7B | £1.7B |
| Income tax | £939.0M | £821.0M | £831.0M | £876.0M |
| Net income | £3.2B | £2.9B | £2.3B | £7.8B |
| EPS (diluted) | £0.66 | £0.61 | £0.57 | £1.95 |
| Operating cash flow | £7.8B | £6.8B | £6.9B | £6.9B |
| Free cash flow | -£2.7B | -£2.5B | -£514.0M | £6.0M |
| Cash & equivalents | £375.0M | £1.2B | £548.0M | £126.0M |
| Inventory | £559.0M | £557.0M | £828.0M | £876.0M |
| Goodwill | £9.4B | £9.5B | £9.7B | £9.8B |
| Total assets | £108.3B | £106.7B | £98.3B | £92.7B |
| Total debt | £46.8B | £47.5B | £47.1B | £43.0B |
| Total liabilities | £69.0B | £68.9B | £68.4B | £63.1B |
| Shareholders' equity | £39.3B | £37.8B | £29.9B | £29.5B |
| Share buybacks | £1.0M | £7.0M | £4.0M | — |
Growth · year-over-year · Revenue CAGR -6.5%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue growth | -3.8% | -7.4% | -8.4% | — |
| Net income growth | +11.7% | +26.7% | -70.6% | — |
| EPS growth | +6.7% | +8.3% | -70.9% | — |
| Free cash flow growth | — | — | -8666.7% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · GB · as of 2026-03-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.