stockrowNational 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.
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National Grid Transco, PLC (NGG) Free cash flow margin
National Grid Transco, PLC's free cash flow margin over the twelve months to 31 March 2026 was 0.00%. Over the past ten years it has ranged from −15.1% (fiscal 2026) to 11.5% (fiscal 2016) — the current reading is the lowest in ten years. That is above the Utilities Regulated Electric industry median of −11.7% and above the Utilities sector median of −9.94%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2026 | −15.1% | (1.69) |
| FY2025 | −13.5% | (11.12) |
| FY2024 | −2.33% | (2.76) |
| FY2023 | 0.43% | (3.66) |
| FY2022 | 4.09% | 6.25 |
| FY2021 | −2.16% | (0.69) |
| FY2020 | −1.47% | (4.25) |
| FY2019 | 2.78% | (1.17) |
| FY2018 | 3.95% | (7.54) |
| FY2017 | 11.5% | (0.05) |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| SO Southern Company (The) compare | 33.6% |
| ED Consolidated Edison Inc compare | 23.8% |
| NGG National Grid Transco, PLC | 0.00% |
| EXC Exelon Corporation compare | −9.96% |
| DUK Duke Energy Corporation compare | −15.3% |
| AEP American Electric Power Company, Inc. compare | −17.3% |
| ETR Entergy Corporation compare | −26.2% |
| D Dominion Energy Inc. compare | −32.7% |
| XEL Xcel Energy Inc. compare | −51.2% |
| Utilities Regulated Electric industry median | −11.7% |
| Utilities sector median | −9.94% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
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- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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