# National Grid plc (NGGTF)

> Utilities · GB · Reports in GBP

Fundamental indicators from Sponda, adjusted for inflation.

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

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | £ 10.65B | £ 2.63B | £ -2.14B | £ 46.87B | £ 39.40B |
| 2025 | £ 17.48B | £ 2.87B | £ -2.22B | £ 45.91B | £ 37.19B |
| 2024 | £ 20.08B | £ 1.87B | £ -1.03B | £ 46.45B | £ 35.84B |
| 2023 | £ 22.27B | £ 8.25B | £ -946.76M | £ 44.80B | £ 29.46B |
| 2022 | £ 23.48B | £ 3.47B | £ 31.37M | £ 48.59B | £ 25.93B |
| 2021 | £ 18.59B | £ 1.85B | £ 277.86M | £ 43.90B | £ 20.62B |
| 2020 | £ 18.98B | £ 1.88B | £ -672.48M | £ 32.02B | £ 18.32B |
| 2019 | £ 19.25B | £ 1.89B | £ -235.51M | £ 31.27B | £ 18.99B |
| 2018 | £ 19.55B | £ 4.39B | £ 936.00M | £ 27.64B | £ 19.32B |
| 2017 | £ 20.64B | £ 2.15B | £ 2.09B | £ 26.11B | £ 16.86B |
| 2016 | £ 14.30B | £ 3.15B | £ 3.89B | £ 32.23B | £ 12.56B |
| 2015 | £ 16.79B | £ 1.57B | £ 3.58B | £ 26.66B | £ 12.30B |
| 2014 | £ 29.25B | £ 4.29B | £ 2.79B | £ 25.60B | £ 12.11B |
| 2013 | £ 21.23B | £ 3.42B | £ 1.02B | £ 26.51B | £ 11.22B |
| 2012 | £ 18.75B | £ 3.09B | £ 447.32M | £ 24.11B | £ 9.12B |
| 2011 | £ 20.82B | £ 3.10B | £ 1.92B | £ 23.65B | £ 8.34B |
| 2010 | £ 21.70B | £ 2.71B | £ 2.40B | £ 23.85B | £ 6.90B |
| 2009 | £ 23.40B | £ 1.84B | £ 1.28B | £ 25.51B | £ 3.25B |
| 2008 | £ 21.80B | £ 3.33B | £ 2.14B | £ 21.50B | £ 4.71B |
| 2007 | £ 17.28B | £ 3.98B | £ 1.96B | £ 19.08B | £ 5.56B |
| 2006 | £ 12.03B | £ 1.69B | £ 443.64M | £ 14.91B | £ 3.29B |
| 2005 | £ 9.84B | £ 6.15B | £ 1.43B | £ 14.24B | £ 2.70B |
| 2004 | £ 14.66B | £ 2.23B | £ 952.97M | £ 15.28B | £ 1.31B |
| 2003 | £ 16.74B | £ 1.36B | £ 297.87M | £ 0 | £ 1.11B |
| 2002 | £ 12.70B | £ -68.36M | £ 306.01M | £ 0 | £ 2.57B |
| 2001 | £ 7.68B | £ 258.05M | £ -349.50M | £ 0 | £ 2.43B |
| 2000 | £ 5.14B | £ 1.82B | £ -507.24M | £ 0 | £ 2.48B |
| 1999 | £ 3.00B | £ 2.08B | £ -289.25M | £ 0 | £ 2.06B |
| 1998 | £ 3.05B | £ 1.42B | £ -942.34M | £ 1.87B | £ 1.44B |
| 1997 | £ 3.05B | £ 848.26M | £ -387.54M | £ 1.28B | £ 1.16B |
| 1996 | £ 2.98B | £ 847.15M | £ -837.44M | £ 1.18B | £ 1.25B |
| 1995 | £ 3.03B | £ 891.38M | £ -1.15B | £ 838.30M | £ 1.54B |
| 1994 | £ 3.06B | £ 937.36M | £ 257.86M | £ 587.25M | £ 1.83B |
| 1993 | £ 3.09B | £ 900.64M | £ 150.82M | £ 881.50M | £ 1.55B |
| 1992 | £ 1.56B | £ 427.59M | £ 29.27M | N/A | N/A |

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 | 1.19 |
| Liabilities / Eq | 1.75 |
| Current Ratio | 0.76 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 14.47 |

## Other views

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

Data as of 2026-08-27.