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National Grid plc

Utilities US NGGTF

12.2USD
-(-%)

Last update at 2024-11-20T20:00:00Z

Day Range

13.3913.39
LowHigh

52 Week Range

10.8414.42
LowHigh

Fundamentals

  • Previous Close 12.20
  • Market Cap49790.57M
  • Volume100
  • P/E Ratio15.34
  • Dividend Yield5.35%
  • EBITDA5798.00M
  • Revenue TTM20704.00M
  • Revenue Per Share TTM5.63
  • Gross Profit TTM 18449.00M
  • Diluted EPS TTM0.88

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Income before tax 3590.00M 3441.00M 2083.00M 1754.00M 1841.00M
Minority interest 0.00000M -1.00000M 21.00M 22.00M 20.00M
Net income 7797.00M 2353.00M 1640.00M 1264.00M 1511.00M
Selling general administrative - - - - 1674.00M
Selling and marketing expenses - - - - -
Gross profit 13036.00M 12162.00M 12399.00M 11946.00M 11785.00M
Reconciled depreciation 1984.00M 1830.00M 1672.00M 1640.00M 1588.00M
Ebit 4631.00M 3981.00M 3026.00M 3464.00M 3555.00M
Ebitda 6615.00M 5811.00M 4698.00M 5104.00M 5143.00M
Depreciation and amortization 1984.00M 1830.00M 1672.00M 1640.00M 1588.00M
Non operating income net other - - - - 0.00000M
Operating income 4879.00M 4371.00M 2895.00M 2780.00M 2870.00M
Other operating expenses 17365.00M 14447.00M 11853.00M 11233.00M 11491.00M
Interest expense 1680.00M 1157.00M 984.00M 1119.00M 1023.00M
Tax provision 876.00M 1258.00M 442.00M 480.00M 339.00M
Interest income 165.00M 43.00M 40.00M 68.00M 71.00M
Net interest income -1515.00000M -1084.00000M -944.00000M -1012.00000M -952.00000M
Extraordinary items - - - - 0.00000M
Non recurring - - - - 0.00000M
Other items - - - - 0.00000M
Income tax expense 876.00M 1258.00M 442.00M 480.00M 339.00M
Total revenue 21659.00M 18260.00M 14779.00M 14540.00M 14933.00M
Total operating expenses 17365.00M 14447.00M 11853.00M 11233.00M 11491.00M
Cost of revenue 8623.00M 6098.00M 2380.00M 2594.00M 3148.00M
Total other income expense net -1289.00000M -930.00000M -812.00000M -1026.00000M -1029.00000M
Discontinued operations - 171.00M 337.00M 235.00M 12.00M
Net income from continuing ops 2714.00M 2183.00M 1641.00M 1274.00M 1502.00M
Net income applicable to common shares - 2353.00M 1640.00M 1264.00M 1511.00M
Preferred stock and other adjustments - - - - 0.00000M
Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Total assets 92697.00M 94860.00M 67216.00M 67089.00M 62963.00M
Intangible assets 3604.00M 3272.00M 1443.00M 1295.00M 1084.00M
Earning assets - - - - -
Other current assets 136.00M 118.00M 92.00M 133.00M 87.00M
Total liab 63135.00M 71004.00M 47356.00M 47505.00M 43594.00M
Total stockholder equity 29538.00M 23833.00M 19839.00M 19562.00M 19349.00M
Deferred long term liab - - - - 0.00000M
Other current liab 1107.00M 7734.00M 2114.00M 890.00M 888.00M
Common stock 488.00M 485.00M 474.00M 470.00M 458.00M
Capital stock 488.00M 485.00M 474.00M 470.00M 458.00M
Retained earnings 31608.00M 26611.00M 23163.00M 21710.00M 21814.00M
Other liab - 12035.00M 9808.00M 11601.00M 10457.00M
Good will 9847.00M 9532.00M 4588.00M 6233.00M 5869.00M
Other assets - 4493.00M 2582.00M 3452.00M 2876.00M
Cash 163.00M 204.00M 157.00M 73.00M 252.00M
Cash and equivalents - - - - -
Total current liabilities 9130.00M 24770.00M 9368.00M 8564.00M 9129.00M
Current deferred revenue - - 2075.00M 860.00M -
Net debt 42822.00M 45261.00M 31063.00M 30721.00M 28478.00M
Short term debt 2955.00M 12121.00M 3737.00M 4072.00M 4472.00M
Short long term debt 2859.00M 12014.00M 3638.00M 3960.00M 4407.00M
Short long term debt total 42985.00M 45465.00M 31220.00M 30794.00M 28730.00M
Other stockholder equity -2558.00000M -3263.00000M -3798.00000M -2618.00000M -2923.00000M
Property plant equipment - 57532.00M 47043.00M 49762.00M 44859.00M
Total current assets 9166.00M 17963.00M 9938.00M 5801.00M 7946.00M
Long term investments - - - - 1275.00M
Net tangible assets - 11029.00M 13808.00M 12764.00M 13092.00M
Short term investments 2605.00M 3145.00M 2342.00M 1998.00M 1981.00M
Net receivables 5386.00M 13985.00M 6908.00M 3048.00M 5256.00M
Long term debt 39412.00M 32893.00M 26897.00M 26099.00M 24053.00M
Inventory 876.00M 511.00M 439.00M 549.00M 370.00M
Accounts payable 5068.00M 4915.00M 3517.00M 3602.00M 3769.00M
Total permanent equity - - - - 0.00000M
Noncontrolling interest in consolidated entity - - - - 0.00000M
Temporary equity redeemable noncontrolling interests - - - - 0.00000M
Accumulated other comprehensive income - - - - 0.00000M
Additional paid in capital - - - - 0.00000M
Common stock total equity - - - - 0.00000M
Preferred stock total equity - - - - 0.00000M
Retained earnings total equity - - - - 0.00000M
Treasury stock - - - - 0.00000M
Accumulated amortization - - - - 0.00000M
Non currrent assets other 6093.00M 7638.00M 4924.00M 5385.00M 4801.00M
Deferred long term asset charges - - - - 0.00000M
Non current assets total 83531.00M 76897.00M 57278.00M 61288.00M 55017.00M
Capital lease obligations 714.00M 558.00M 685.00M 735.00M 270.00M
Long term debt total - - - - 0.00000M
Breakdown 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Type yearly yearly yearly yearly yearly
Date 2023-03-31 2022-03-31 2021-03-31 2020-03-31 2019-03-31
Investments 240.00M -615.00000M -552.00000M -115.00000M 608.00M
Change to liabilities - 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities - -14010.00000M -5116.00000M -3195.00000M -3446.00000M
Net borrowings - 10958.00M 2770.00M 207.00M 1072.00M
Total cash from financing activities -7173.00000M 7769.00M 750.00M -1606.00000M -1364.00000M
Change to operating activities - -158.00000M 80.00M 510.00M -158.00000M
Net income 4879.00M 4371.00M 2895.00M 2780.00M 2870.00M
Change in cash -19.00000M 25.00M 84.00M -179.00000M -77.00000M
Begin period cash flow 182.00M 157.00M 73.00M 252.00M 329.00M
End period cash flow 163.00M 182.00M 157.00M 73.00M 252.00M
Total cash from operating activities 6898.00M 6272.00M 4461.00M 4618.00M 4318.00M
Issuance of capital stock 16.00M 33.00M 16.00M 16.00M 17.00M
Depreciation 1984.00M 1830.00M 1672.00M 1640.00M 1588.00M
Other cashflows from investing activities - -24.00000M 63.00M 1579.00M -151.00000M
Dividends paid -1607.00000M -922.00000M -1413.00000M -892.00000M 1160.00M
Change to inventory - - - - 0.00000M
Change to account receivables - - - - 0.00000M
Sale purchase of stock 9813.00M -3.00000M -2.00000M -6.00000M -2.00000M
Other cashflows from financing activities 9678.00M 9922.00M 3812.00M 2529.00M 3500.00M
Change to netincome - 2257.00M 1256.00M 1409.00M 1240.00M
Capital expenditures 6892.00M 5544.00M 4788.00M 4900.00M 3941.00M
Change receivables - - - - 0.00000M
Cash flows other operating - - - - 0.00000M
Exchange rate changes - - - - 0.00000M
Cash and cash equivalents changes - - - - 0.00000M
Change in working capital 263.00M 361.00M 312.00M 8.00M -193.00000M
Stock based compensation 48.00M 38.00M 27.00M 19.00M 27.00M
Other non cash items -276.00000M -328.00000M -445.00000M 171.00M 26.00M
Free cash flow 6.00M 728.00M -327.00000M -282.00000M 377.00M

Peer Comparison

Sector: Utilities Industry: Utilities - Regulated Electric

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
NGGTF
National Grid plc
- -% 12.20 15.34 13.87 2.40 1.33 5.05 14.80
NEE
Nextera Energy Inc
0.26 0.33% 77.14 15.77 17.61 4.52 2.61 7.10 12.28
SO
Southern Company
-0.0686 0.08% 87.90 25.35 17.76 2.89 2.48 5.27 13.35
DUK
Duke Energy Corporation
0.03 0.02% 113.77 20.54 16.34 2.60 1.59 5.34 11.98
NGG
National Grid PLC ADR
-0.1959 0.31% 63.07 15.63 13.83 2.41 1.32 5.05 14.80

Reports Covered

Stock Research & News

Profile

National Grid plc transmits and distributes electricity and gas. The company operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain, as well as sale of renewables projects. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

National Grid plc

1-3 Strand, London, United Kingdom, WC2N 5EH

Key Executives

Name Title Year Born
Mr. John Pettigrew FEI, FIET CEO & Exec. Director 1969
Mr. Andrew J. Agg CFO & Exec. Director 1970
Ms. Lisa M. Lambert Sr. VP and Chief Technology & Innovation Officer 1968
Ms. Adriana Karaboutis Group Chief Information & Digital Officer 1963
Mr. Nicholas James Ashworth C.F.A. Director of Investor Relations NA
Ms. Justine Campbell Group Gen. Counsel & Company Sec. 1971
Mr. William Serle Chief People & Culture Officer NA
Ms. Megan Barnes Head of Company Secretariat NA
Mr. Ross Turrini Chief Gas Engineer and Sr. VP of US Gas Engineering & Process NA
Mr. David Wright Group Chief Engineer NA

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