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SSE plc SSE.L

GB · London Stock Exchange · XLON · stock · Utilities · website

SSE plc statistics & valuation

Market cap£29.3B
P / E24.3×
P / S2.9×
P / B1.9×
Dividend yield2.05%
Net margin11.9%
Return on equity7.7%
FCF margin-9.9%
Net debt£8.6B
Enterprise value USD$51.2B
Earnings yield EBIT/EV5.3%
Return on capital6.6%
Graham number -99.3%£17.54

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£17.54); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-1.00% 16.40% 11.70% 11.90% 2023202420252026
Gross margin (%)
-1.30% 41.60% 38.10% 37.10% 2023202420252026
Operating margin (%)
-4.60% 27.60% 22.00% 19.60% 2023202420252026
Return on equity (%)
-1.20% 15.20% 9.90% 7.70% 2023202420252026
Shares outstanding
1.21B 1.21B 1.21B 1.21B 2023202420252026
Net debt (£)
£8.01B £8.10B £9.51B £8.58B 2023202420252026
Share buybacks (£)
£107.6M £0 £71.7M £0 2023202420252026
Return on assets (%)
-0.50% 6.10% 3.90% 3.40% 2023202420252026
Free cash flow margin (%)
-2.60% 12.90% -6.50% -9.90% 2023202420252026
Debt / equity (×)
0.85× 0.81× 0.88× 0.65× 2023202420252026
EPS (£)
-£0.11 £1.56 £1.08 £1.05 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin37.1%38.1%41.6%-1.3%
Operating margin19.6%22.0%27.6%-4.6%
Net margin11.9%11.7%16.4%-1.0%
FCF margin-9.9%-6.5%12.9%-2.6%
Return on assets3.4%3.9%6.1%-0.5%
Return on equity7.7%9.9%15.2%-1.2%
Debt / equity0.55×0.68×0.68×0.65×
Current ratio1.200.991.101.04

Computed from company filings · GB · as of 2026-03-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.