National Grid plc financials (annual, from 10-K)
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 |
| Total assets | $108.3B | $106.7B | $98.3B | $92.7B |
| Total liabilities | $69.0B | $68.9B | $68.4B | $63.1B |
| Shareholders' equity | $39.3B | $37.8B | $29.9B | $29.5B |
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% | +7.5% | -70.7% | — |
| 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.
Source: company filings via Yahoo Finance · GB · as of 2026-03-31. Figures in GBp; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.