Revenue
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
National Grid plc (NG.)
Price£11.31Cached quote
Net income
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Free cash flow
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total cash / debt
CashTotal debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Financial statements
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £17.69B | £18.38B | £19.85B | £21.66B | £18.45B | £13.66B | £13.36B | £14.93B | £15.25B | £15.04B | £13.21B |
| Research & development | — | £43.0M | £32.0M | £23.0M | £11.0M | £12.0M | £9.0M | £19.0M | £13.0M | £14.0M | £19.0M |
| Operating expenses | £8.42B | £8.78B | £9.91B | £8.15B | — | £11.88B | £11.76B | £12.06B | £11.76B | £11.83B | £9.99B |
| Operating income | £5.69B | £4.93B | £4.47B | £4.88B | £4.37B | £2.40B | £2.28B | £2.87B | £3.49B | £3.21B | £3.23B |
| Operating margin | 32.17% | 26.85% | 22.54% | 22.53% | 23.69% | 17.57% | 17.06% | 19.22% | 22.90% | 21.34% | 24.41% |
| EBITDA | £8.08B | £7.94B | £6.83B | £7.25B | — | — | — | — | £5.02B | £4.69B | £4.54B |
| EBITDA margin | 45.67% | 43.20% | 34.42% | 33.49% | — | — | — | — | 32.94% | 31.19% | 34.33% |
| Net income | £3.24B | £2.90B | £2.29B | £7.80B | £2.35B | £1.64B | £1.26B | £1.51B | £3.55B | £7.79B | £2.59B |
| Net profit margin | 18.32% | 15.81% | 11.54% | 36.00% | 12.76% | 12.01% | 9.47% | 10.14% | 23.29% | 51.84% | 19.63% |
| Basic EPSper basic share | £0.66 | £0.62 | £0.57 | £1.97 | £0.65 | £0.47 | £0.37 | £0.45 | £1.03 | £2.07 | £0.69 |
| Diluted EPSper diluted share | £0.66 | £0.61 | £0.57 | £1.96 | £0.65 | £0.46 | £0.36 | £0.44 | £1.02 | £2.06 | £0.68 |
Owners
Reported major voting-rights holders
8.39%of voting rights
BlackRock, Inc.Notified Jun 1, 2026
View holders
| Holder | Voting rights |
|---|---|
BlackRock, Inc. | 8.39%Jun 1, 2026 · 417.62M votes |
These are threshold-crossing notices, not a complete ownership register. Percentages show issuer voting rights held through the listed share class, exclude financial instruments, and come from different dates. Positions may overlap.
Gray completes the 100% scale; it is not an estimate of other owners.
Source: FCA National Storage Mechanism ↗Updated Sep 27, 2026