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Friday 6 November 2026 Export NGG’s income statement to Excel — free account

National Grid Transco, PLC

NGG Utilities Utilities Regulated Electric

National Grid Transco, PLC’s revenue for fiscal 2026 (year ended March 2026) was $23.7 billion, up 1.11% from fiscal 2025.

85.85 0.63 +0.74%
Market cap
$86.4B
P/E
23.5×
Fwd P/E
13.9×
Dividend yield
3.77%
F-score
6/9
Altman Z
1.39
Beneish M
−2.66
Dividend safety
20/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

National Grid Transco, PLC (NGG) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, National Grid Transco, PLC (NGG) trades at a EV/FCF of −6.2×. Over the past ten years it has ranged from −112× (September 2021) to 2,277× (March 2022); the current reading is higher than 26% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2026 −6.2× —
FY2025 −9.0× —
FY2024 −37.2× —
FY2023 26.8× (28.05%)
FY2022 37.3× —
FY2021 −112× —
FY2020 34.7× 138.33%
FY2019 14.6× 94.89%
FY2018 7.5× 115.39%
FY2017 3.5× (16.33%)

Quarterly newest first

Period EV/FCF Change
Sep 2023 1,180× 2,054.76%
Mar 2023 54.8× (31.33%)
Sep 2022 79.7× 7.44%
Mar 2022 74.2× (98.15%)
7 more quarters

Against its own ten years

Low −112× High 2,277×
Ten-year median 5.4×
Current reading's percentile 26

EV/FCF against peers

Company EV/FCF
ED Consolidated Edison Inc compare −75.7×
SO Southern Company (The) compare −52.1×
EXC Exelon Corporation compare −38.0×
DUK Duke Energy Corporation compare −37.1×
AEP American Electric Power Company, Inc. compare −30.0×
ETR Entergy Corporation compare −22.4×
D Dominion Energy Inc. compare −18.4×
XEL Xcel Energy Inc. compare −11.6×
NGG National Grid Transco, PLC −6.2×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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