# National Grid plc (NGG)

> Utilities · GB · Reports in GBP

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/NGG/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | £ 17.28B | £ 2.83B | £ -2.87B | £ 45.91B | £ 37.19B |
| 2024 | £ 19.71B | £ 1.85B | £ -2.47B | £ 0 | £ 35.84B |
| 2023 | £ 22.27B | £ 8.25B | £ -326.64M | £ 54.68B | £ 35.95B |
| 2022 | £ 23.79B | £ 3.56B | £ -865.19M | £ 0 | £ 25.93B |
| 2021 | £ 17.81B | £ 1.84B | £ -144.97M | £ 0 | £ 20.62B |
| 2020 | £ 18.62B | £ 1.91B | £ -979.58M | £ 0 | £ 18.32B |
| 2019 | £ 8.29B | £ 516.76M | £ -620.60M | £ 5.02B | £ 18.99B |
| 2018 | £ 0 | £ 0 | £ -74.88M | £ 24.29B | £ 19.32B |
| 2017 | £ 0 | £ 0 | £ 1.68B | £ 23.16B | £ 16.86B |
| 2016 | £ 0 | £ 0 | £ 1.34B | £ 29.67B | £ 12.56B |
| 2015 | £ 0 | £ 0 | £ 2.19B | £ 25.43B | £ 12.30B |
| 2014 | £ 0 | £ 0 | £ 2.20B | £ 23.68B | £ 12.11B |
| 2013 | £ 0 | £ 0 | £ 509.52M | £ 24.42B | £ 11.22B |
| 2012 | £ 0 | £ 0 | £ 33.19M | £ 21.90B | £ 9.12B |
| 2011 | N/A | N/A | N/A | £ 20.99B | £ 8.34B |
| 2010 | N/A | N/A | N/A | £ 21.01B | £ 6.90B |
| 2009 | N/A | N/A | N/A | £ 22.88B | £ 3.25B |
| 2008 | £ 5.92B | £ 657.51M | N/A | £ 19.09B | £ 4.71B |
| 2007 | £ 7.43B | £ 2.65B | N/A | £ 16.04B | £ 5.56B |
| 2006 | £ 7.63B | £ 1.10B | N/A | £ 13.42B | £ 3.29B |
| 2005 | £ 3.39B | £ 4.90B | N/A | £ 10.36B | £ 2.70B |
| 2004 | £ 13.19B | £ 2.54B | N/A | £ 11.94B | £ 1.31B |
| 2003 | £ 16.41B | £ 1.95B | N/A | £ 0 | £ 1.11B |
| 2002 | £ 17.30B | £ 771.00M | N/A | £ 0 | £ 2.57B |
| 2001 | £ 8.24B | £ -923.46M | N/A | £ 0 | £ 2.43B |
| 2000 | N/A | N/A | N/A | £ 0 | £ 2.48B |
| 1999 | N/A | N/A | N/A | £ 0 | £ 2.06B |
| 1998 | N/A | N/A | N/A | £ 1.32B | £ 929.40M |
| 1997 | N/A | N/A | N/A | £ 804.00M | £ 1.39B |
| 1996 | N/A | N/A | N/A | £ 1.10B | £ 1.10B |
| 1995 | N/A | N/A | N/A | £ 350.00M | £ 1.97B |
| 1994 | N/A | N/A | N/A | £ 650.00M | £ 1.70B |
| 1993 | N/A | N/A | N/A | £ 650.00M | £ 1.40B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 1.23 |
| Liabilities / Eq | 1.79 |
| Current Ratio | 0.97 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 22.12 |

## Other views

- [Metrics](https://sponda.capital/en/NGG.md)
- [Charts](https://sponda.capital/en/NGG/charts.md)
- [Compare](https://sponda.capital/en/NGG/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.