English

NATIONAL GRID PLC

EDGAR

NEWEN Foreign issuer report (6-K) · filed 2026-10-30

Annual consolidated revenue for 2026: about GBP 17.69B, using the latest reported figures. The previous period, 2025, was about GBP 18.38B.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest fiscal year

Revenue

17.7 billion GBP

2026 · GBP

Exact inputs and evidence

Revenue: 17687000000 GBP Source

Operating margin

30.71%

2026 · %

Exact inputs and evidence

Operating Income: 5431000000 GBP Source
Revenue: 17687000000 GBP Source

Cash and cash equivalents: 375 million GBP 2026-03-31 Source
Exact value

375000000 GBP
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-30.

Financial data available through: 2026-03-31.

Coverage by financial measure

Revenue: 11 of 11 periods available· newest 2026-03-31
Operating income: 11 of 11 periods available· newest 2026-03-31
Net income: 11 of 11 periods available· newest 2026-03-31
operating cash flow: No compatible figures in this window
Capital expenditure: 11 of 11 periods available· newest 2026-03-31
Total assets: 10 of 11 periods available· newest 2026-03-31
Total liabilities: 10 of 11 periods available· newest 2026-03-31
Current assets: 10 of 11 periods available· newest 2026-03-31
Current liabilities: 10 of 11 periods available· newest 2026-03-31
Cash and cash equivalents: 11 of 11 periods available· newest 2026-03-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-3.8%

Prior period

GBP 18.38 billion

2024-04-01 – 2025-03-31
Current period

GBP 17.69 billion

2025-04-01 – 2026-03-31

Exact inputs and evidence

17687000000 − 18378000000 = -691000000 GBP

18378000000 GBP · 2024-04-01 – 2025-03-31
Inspect prior input Prior source
17687000000 GBP · 2025-04-01 – 2026-03-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · NATIONAL GRID PLC · 2026-03-31 NATIONAL GRID PLC (edgar:1004315) Year-over-year change in Revenue: -691000000 GBP Concept: fundies:Revenue Period: 2025-04-01 to 2026-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 17687000000 GBP (2025-04-01 to 2026-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#10747671 Filing: 000100431526000006 Input fundies:Revenue: 18378000000 GBP (2024-04-01 to 2025-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#10901211 Filing: 000100431526000006
The citation records this snapshot. The page link may show a newer release later.
Net income
+11.7%

Prior period

GBP 2.9 billion

2024-04-01 – 2025-03-31
Current period

GBP 3.24 billion

2025-04-01 – 2026-03-31

Exact inputs and evidence

3241000000 − 2902000000 = 339000000 GBP

2902000000 GBP · 2024-04-01 – 2025-03-31
Inspect prior input Prior source
3241000000 GBP · 2025-04-01 – 2026-03-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · NATIONAL GRID PLC · 2026-03-31 NATIONAL GRID PLC (edgar:1004315) Year-over-year change in Net income: 339000000 GBP Concept: fundies:NetIncome Period: 2025-04-01 to 2026-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 3241000000 GBP (2025-04-01 to 2026-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9249152 Filing: 000100431526000006 Input fundies:NetIncome: 2902000000 GBP (2024-04-01 to 2025-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9250079 Filing: 000100431526000006
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+13.8%

Prior period

GBP 8.78 billion

2024-04-01 – 2025-03-31
Current period

GBP 9.99 billion

2025-04-01 – 2026-03-31

Exact inputs and evidence

9989000000 − 8780000000 = 1209000000 GBP

8780000000 GBP · 2024-04-01 – 2025-03-31
Inspect prior input Prior source
9989000000 GBP · 2025-04-01 – 2026-03-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · NATIONAL GRID PLC · 2026-03-31 NATIONAL GRID PLC (edgar:1004315) Year-over-year change in Capital expenditure: 1209000000 GBP Concept: fundies:CapitalExpenditure Period: 2025-04-01 to 2026-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 9989000000 GBP (2025-04-01 to 2026-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9816204 Filing: 000100431526000006 Input fundies:CapitalExpenditure: 8780000000 GBP (2024-04-01 to 2025-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9817031 Filing: 000100431526000006
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Operating cash flow.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2026 2025-04-01 – 2026-03-31

Revenue GBP 17.69 billion 100% of revenue
Operating costs Derived GBP 12.26 billion 69% of revenue
Operating income GBP 5.43 billion 31% of revenue
Tax, interest and other Derived GBP 2.19 billion 12% of revenue
Net income GBP 3.24 billion 18% of revenue

Cash

Operating cash flow Unavailable An input is unavailable.
Capital expenditure GBP 9.99 billion 56% of revenue
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2017 Net income was higher than operating income, so the split is not drawn.
2018 Net income was higher than operating income, so the split is not drawn.
2019 10%9.1%81%
2020 9.5%83%
2021 12%82%
2022 13%11%76%
2023 Net income was higher than operating income, so the split is not drawn.
2024 12%11%77%
2025 16%11%73%
2026 18%12%69%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2017 2016-04-01 – 2017-03-31	15035000000	11827000000 Derived	3208000000	-4587000000 Derived	7795000000	Unavailable	Source 2016-04-01 – 2017-03-31: 15035000000 GBP Inspect Revenue Open source 2016-04-01 – 2017-03-31: 3208000000 GBP Inspect Operating Income Open source 2016-04-01 – 2017-03-31: 7795000000 GBP Inspect Net Income Open source 2016-04-01 – 2017-03-31: 3296000000 GBP Inspect Capital Expenditure Open source
2018 2017-04-01 – 2018-03-31	15250000000	11757000000 Derived	3493000000	-57000000 Derived	3550000000	Unavailable	Source 2017-04-01 – 2018-03-31: 15250000000 GBP Inspect Revenue Open source 2017-04-01 – 2018-03-31: 3493000000 GBP Inspect Operating Income Open source 2017-04-01 – 2018-03-31: 3550000000 GBP Inspect Net Income Open source 2017-04-01 – 2018-03-31: 3738000000 GBP Inspect Capital Expenditure Open source
2019 2018-04-01 – 2019-03-31	14933000000	12063000000 Derived	2870000000	1359000000 Derived	1511000000	Unavailable	Source 2018-04-01 – 2019-03-31: 14933000000 GBP Inspect Revenue Open source 2018-04-01 – 2019-03-31: 2870000000 GBP Inspect Operating Income Open source 2018-04-01 – 2019-03-31: 1511000000 GBP Inspect Net Income Open source 2018-04-01 – 2019-03-31: 3635000000 GBP Inspect Capital Expenditure Open source
2020 2019-04-01 – 2020-03-31	13360000000	11081000000 Derived	2279000000	1015000000 Derived	1264000000	Unavailable	Source 2019-04-01 – 2020-03-31: 13360000000 GBP Inspect Revenue Open source 2019-04-01 – 2020-03-31: 2279000000 GBP Inspect Operating Income Open source 2019-04-01 – 2020-03-31: 1264000000 GBP Inspect Net Income Open source 2019-04-01 – 2020-03-31: 4291000000 GBP Inspect Capital Expenditure Open source
2021 2020-04-01 – 2021-03-31	13665000000	11264000000 Derived	2401000000	761000000 Derived	1640000000	Unavailable	Source 2020-04-01 – 2021-03-31: 13665000000 GBP Inspect Revenue Open source 2020-04-01 – 2021-03-31: 2401000000 GBP Inspect Operating Income Open source 2020-04-01 – 2021-03-31: 1640000000 GBP Inspect Net Income Open source 2020-04-01 – 2021-03-31: 4209000000 GBP Inspect Capital Expenditure Open source
2022 2021-04-01 – 2022-03-31	18449000000	14078000000 Derived	4371000000	2018000000 Derived	2353000000	Unavailable	Source 2021-04-01 – 2022-03-31: 18449000000 GBP Inspect Revenue Open source 2021-04-01 – 2022-03-31: 4371000000 GBP Inspect Operating Income Open source 2021-04-01 – 2022-03-31: 2353000000 GBP Inspect Net Income Open source 2021-04-01 – 2022-03-31: 5098000000 GBP Inspect Capital Expenditure Open source
2023 2022-04-01 – 2023-03-31	21659000000	16780000000 Derived	4879000000	-2918000000 Derived	7797000000	Unavailable	Source 2022-04-01 – 2023-03-31: 21659000000 GBP Inspect Revenue Open source 2022-04-01 – 2023-03-31: 4879000000 GBP Inspect Operating Income Open source 2022-04-01 – 2023-03-31: 7797000000 GBP Inspect Net Income Open source 2022-04-01 – 2023-03-31: 6325000000 GBP Inspect Capital Expenditure Open source
2024 2023-04-01 – 2024-03-31	19850000000	15375000000 Derived	4475000000	2185000000 Derived	2290000000	Unavailable	Source 2023-04-01 – 2024-03-31: 19850000000 GBP Inspect Revenue Open source 2023-04-01 – 2024-03-31: 4475000000 GBP Inspect Operating Income Open source 2023-04-01 – 2024-03-31: 2290000000 GBP Inspect Net Income Open source 2023-04-01 – 2024-03-31: 6904000000 GBP Inspect Capital Expenditure Open source
2025 2024-04-01 – 2025-03-31	18378000000	13444000000 Derived	4934000000	2032000000 Derived	2902000000	Unavailable	Source 2024-04-01 – 2025-03-31: 18378000000 GBP Inspect Revenue Open source 2024-04-01 – 2025-03-31: 4934000000 GBP Inspect Operating Income Open source 2024-04-01 – 2025-03-31: 2902000000 GBP Inspect Net Income Open source 2024-04-01 – 2025-03-31: 8780000000 GBP Inspect Capital Expenditure Open source
2026 2025-04-01 – 2026-03-31	17687000000	12256000000 Derived	5431000000	2190000000 Derived	3241000000	Unavailable	Source 2025-04-01 – 2026-03-31: 17687000000 GBP Inspect Revenue Open source 2025-04-01 – 2026-03-31: 5431000000 GBP Inspect Operating Income Open source 2025-04-01 – 2026-03-31: 3241000000 GBP Inspect Net Income Open source 2025-04-01 – 2026-03-31: 9989000000 GBP Inspect Capital Expenditure Open source

Amounts are exact, in GBP.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

GBP 17.7B 2026

Values and sources

Revenue values and source evidence
Period	Series	Value(GBP)	Source evidence
20172017-03-31	Revenue	15035000000	Revenue: 15035000000 Open source
20182018-03-31	Revenue	15250000000	Revenue: 15250000000 Open source
20192019-03-31	Revenue	14933000000	Revenue: 14933000000 Open source
20202020-03-31	Revenue	13360000000	Revenue: 13360000000 Open source
20212021-03-31	Revenue	13665000000	Revenue: 13665000000 Open source
20222022-03-31	Revenue	18449000000	Revenue: 18449000000 Open source
20232023-03-31	Revenue	21659000000	Revenue: 21659000000 Open source
20242024-03-31	Revenue	19850000000	Revenue: 19850000000 Open source
20252025-03-31	Revenue	18378000000	Revenue: 18378000000 Open source
20262026-03-31	Revenue	17687000000	Revenue: 17687000000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-3.8% 2026

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20172017-03-31	Year over year	13.8%	Revenue: 15035000000 Open source Revenue: 13212000000 Open source
20182018-03-31	Year over year	1.4%	Revenue: 15250000000 Open source Revenue: 15035000000 Open source
20192019-03-31	Year over year	-2.1%	Revenue: 14933000000 Open source Revenue: 15250000000 Open source
20202020-03-31	Year over year	-10.5%	Revenue: 13360000000 Open source Revenue: 14933000000 Open source
20212021-03-31	Year over year	2.3%	Revenue: 13665000000 Open source Revenue: 13360000000 Open source
20222022-03-31	Year over year	35%	Revenue: 18449000000 Open source Revenue: 13665000000 Open source
20232023-03-31	Year over year	17.4%	Revenue: 21659000000 Open source Revenue: 18449000000 Open source
20242024-03-31	Year over year	-8.4%	Revenue: 19850000000 Open source Revenue: 21659000000 Open source
20252025-03-31	Year over year	-7.4%	Revenue: 18378000000 Open source Revenue: 19850000000 Open source
20262026-03-31	Year over year	-3.8%	Revenue: 17687000000 Open source Revenue: 18378000000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 30.7% 2026

Net margin 18.3% 2026

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20172017-03-31	Operating margin	21.3%	Operating Income: 3208000000 Open source Revenue: 15035000000 Open source
20182018-03-31	Operating margin	22.9%	Operating Income: 3493000000 Open source Revenue: 15250000000 Open source
20192019-03-31	Operating margin	19.2%	Operating Income: 2870000000 Open source Revenue: 14933000000 Open source
20202020-03-31	Operating margin	17.1%	Operating Income: 2279000000 Open source Revenue: 13360000000 Open source
20212021-03-31	Operating margin	17.6%	Operating Income: 2401000000 Open source Revenue: 13665000000 Open source
20222022-03-31	Operating margin	23.7%	Operating Income: 4371000000 Open source Revenue: 18449000000 Open source
20232023-03-31	Operating margin	22.5%	Operating Income: 4879000000 Open source Revenue: 21659000000 Open source
20242024-03-31	Operating margin	22.5%	Operating Income: 4475000000 Open source Revenue: 19850000000 Open source
20252025-03-31	Operating margin	26.8%	Operating Income: 4934000000 Open source Revenue: 18378000000 Open source
20262026-03-31	Operating margin	30.7%	Operating Income: 5431000000 Open source Revenue: 17687000000 Open source
20172017-03-31	Net margin	51.8%	Net Income: 7795000000 Open source Revenue: 15035000000 Open source
20182018-03-31	Net margin	23.3%	Net Income: 3550000000 Open source Revenue: 15250000000 Open source
20192019-03-31	Net margin	10.1%	Net Income: 1511000000 Open source Revenue: 14933000000 Open source
20202020-03-31	Net margin	9.5%	Net Income: 1264000000 Open source Revenue: 13360000000 Open source
20212021-03-31	Net margin	12%	Net Income: 1640000000 Open source Revenue: 13665000000 Open source
20222022-03-31	Net margin	12.8%	Net Income: 2353000000 Open source Revenue: 18449000000 Open source
20232023-03-31	Net margin	36%	Net Income: 7797000000 Open source Revenue: 21659000000 Open source
20242024-03-31	Net margin	11.5%	Net Income: 2290000000 Open source Revenue: 19850000000 Open source
20252025-03-31	Net margin	15.8%	Net Income: 2902000000 Open source Revenue: 18378000000 Open source
20262026-03-31	Net margin	18.3%	Net Income: 3241000000 Open source Revenue: 17687000000 Open source
20172017-03-31	Free cash flow margin	Not reported	Revenue: 15035000000 Open source Capital Expenditure: 3296000000 Open source
20182018-03-31	Free cash flow margin	Not reported	Revenue: 15250000000 Open source Capital Expenditure: 3738000000 Open source
20192019-03-31	Free cash flow margin	Not reported	Revenue: 14933000000 Open source Capital Expenditure: 3635000000 Open source
20202020-03-31	Free cash flow margin	Not reported	Revenue: 13360000000 Open source Capital Expenditure: 4291000000 Open source
20212021-03-31	Free cash flow margin	Not reported	Revenue: 13665000000 Open source Capital Expenditure: 4209000000 Open source
20222022-03-31	Free cash flow margin	Not reported	Revenue: 18449000000 Open source Capital Expenditure: 5098000000 Open source
20232023-03-31	Free cash flow margin	Not reported	Revenue: 21659000000 Open source Capital Expenditure: 6325000000 Open source
20242024-03-31	Free cash flow margin	Not reported	Revenue: 19850000000 Open source Capital Expenditure: 6904000000 Open source
20252025-03-31	Free cash flow margin	Not reported	Revenue: 18378000000 Open source Capital Expenditure: 8780000000 Open source
20262026-03-31	Free cash flow margin	Not reported	Revenue: 17687000000 Open source Capital Expenditure: 9989000000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

Not enough comparable data to show this history.

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(GBP)	Source evidence
20172017-03-31	Operating cash flow	Not reported	No source recorded
20182018-03-31	Operating cash flow	Not reported	No source recorded
20192019-03-31	Operating cash flow	Not reported	No source recorded
20202020-03-31	Operating cash flow	Not reported	No source recorded
20212021-03-31	Operating cash flow	Not reported	No source recorded
20222022-03-31	Operating cash flow	Not reported	No source recorded
20232023-03-31	Operating cash flow	Not reported	No source recorded
20242024-03-31	Operating cash flow	Not reported	No source recorded
20252025-03-31	Operating cash flow	Not reported	No source recorded
20262026-03-31	Operating cash flow	Not reported	No source recorded

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(GBP)	Source evidence
20172017-03-31	Free cash flow	Unavailable	Capital Expenditure: 3296000000 Open source
20182018-03-31	Free cash flow	Unavailable	Capital Expenditure: 3738000000 Open source
20192019-03-31	Free cash flow	Unavailable	Capital Expenditure: 3635000000 Open source
20202020-03-31	Free cash flow	Unavailable	Capital Expenditure: 4291000000 Open source
20212021-03-31	Free cash flow	Unavailable	Capital Expenditure: 4209000000 Open source
20222022-03-31	Free cash flow	Unavailable	Capital Expenditure: 5098000000 Open source
20232023-03-31	Free cash flow	Unavailable	Capital Expenditure: 6325000000 Open source
20242024-03-31	Free cash flow	Unavailable	Capital Expenditure: 6904000000 Open source
20252025-03-31	Free cash flow	Unavailable	Capital Expenditure: 8780000000 Open source
20262026-03-31	Free cash flow	Unavailable	Capital Expenditure: 9989000000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

63.7% 2026

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20172017-03-31	Liabilities / assets	69%	Total Liabilities: 45456000000 Open source Total Assets: 65840000000 Open source
20182018-03-31	Liabilities / assets	67.9%	Total Liabilities: 40171000000 Open source Total Assets: 59204000000 Open source
20192019-03-31	Liabilities / assets	69.1%	Total Liabilities: 43844000000 Open source Total Assets: 63412000000 Open source
20202020-03-31	Liabilities / assets	70.7%	Total Liabilities: 47767000000 Open source Total Assets: 67560000000 Open source
20212021-03-31	Liabilities / assets	70.5%	Total Liabilities: 47356000000 Open source Total Assets: 67216000000 Open source
20222022-03-31	Liabilities / assets	74.9%	Total Liabilities: 71004000000 Open source Total Assets: 94860000000 Open source
20232023-03-31	Liabilities / assets	68.1%	Total Liabilities: 63135000000 Open source Total Assets: 92697000000 Open source
20242024-03-31	Liabilities / assets	69.6%	Total Liabilities: 68433000000 Open source Total Assets: 98325000000 Open source
20252025-03-31	Liabilities / assets	64.6%	Total Liabilities: 68916000000 Open source Total Assets: 106742000000 Open source
20262026-03-31	Liabilities / assets	63.7%	Total Liabilities: 68951000000 Open source Total Assets: 108281000000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.76× 2026

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20172017-03-31	Current assets / current liabilities	1.29×	Current Assets: 13574000000 Open source Current Liabilities: 10511000000 Open source
20182018-03-31	Current assets / current liabilities	0.77×	Current Assets: 6681000000 Open source Current Liabilities: 8697000000 Open source
20192019-03-31	Current assets / current liabilities	0.87×	Current Assets: 7946000000 Open source Current Liabilities: 9129000000 Open source
20202020-03-31	Current assets / current liabilities	0.68×	Current Assets: 5801000000 Open source Current Liabilities: 8564000000 Open source
20212021-03-31	Current assets / current liabilities	1.06×	Current Assets: 9938000000 Open source Current Liabilities: 9368000000 Open source
20222022-03-31	Current assets / current liabilities	0.73×	Current Assets: 17963000000 Open source Current Liabilities: 24770000000 Open source
20232023-03-31	Current assets / current liabilities	1×	Current Assets: 9113000000 Open source Current Liabilities: 9130000000 Open source
20242024-03-31	Current assets / current liabilities	0.91×	Current Assets: 10379000000 Open source Current Liabilities: 11389000000 Open source
20252025-03-31	Current assets / current liabilities	1.35×	Current Assets: 14332000000 Open source Current Liabilities: 10621000000 Open source
20262026-03-31	Current assets / current liabilities	0.76×	Current Assets: 7485000000 Open source Current Liabilities: 9797000000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2017 2016-04-01 – 2017-03-31	GBP 7.8 billion Exact value Exact value: 7795000000 GBP 2016-04-01 – 2017-03-31: 7795000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2017-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 7795000000 GBP Concept: fundies:NetIncome Period: 2016-04-01 to 2017-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2017-03-31&surface=latest&period_type=duration&start=2016-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 7795000000 GBP (2016-04-01 to 2017-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431519000071/nggtf-20190331.xml#2038777 Filing: 000100431519000071 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 3.3 billion Exact value Exact value: 3296000000 GBP 2016-04-01 – 2017-03-31: 3296000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2017-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 3296000000 GBP Concept: fundies:CapitalExpenditure Period: 2016-04-01 to 2017-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2017-03-31&surface=latest&period_type=duration&start=2016-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 3296000000 GBP (2016-04-01 to 2017-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431519000071/nggtf-20190331.xml#2144170 Filing: 000100431519000071 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.
2018 2017-04-01 – 2018-03-31	GBP 3.55 billion Exact value Exact value: 3550000000 GBP 2017-04-01 – 2018-03-31: 3550000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2018-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 3550000000 GBP Concept: fundies:NetIncome Period: 2017-04-01 to 2018-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2018-03-31&surface=latest&period_type=duration&start=2017-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 3550000000 GBP (2017-04-01 to 2018-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431520000053/nggtf-20200331.xml#2115345 Filing: 000100431520000053 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 3.74 billion Exact value Exact value: 3738000000 GBP 2017-04-01 – 2018-03-31: 3738000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2018-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 3738000000 GBP Concept: fundies:CapitalExpenditure Period: 2017-04-01 to 2018-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2018-03-31&surface=latest&period_type=duration&start=2017-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 3738000000 GBP (2017-04-01 to 2018-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431520000053/nggtf-20200331.xml#2211601 Filing: 000100431520000053 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.
2019 2018-04-01 – 2019-03-31	GBP 1.51 billion Exact value Exact value: 1511000000 GBP 2018-04-01 – 2019-03-31: 1511000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2019-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 1511000000 GBP Concept: fundies:NetIncome Period: 2018-04-01 to 2019-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2019-03-31&surface=latest&period_type=duration&start=2018-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 1511000000 GBP (2018-04-01 to 2019-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431521000067/nggtf-20210331.htm#2794794 Filing: 000100431521000067 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 3.64 billion Exact value Exact value: 3635000000 GBP 2018-04-01 – 2019-03-31: 3635000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2019-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 3635000000 GBP Concept: fundies:CapitalExpenditure Period: 2018-04-01 to 2019-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2019-03-31&surface=latest&period_type=duration&start=2018-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 3635000000 GBP (2018-04-01 to 2019-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431521000067/nggtf-20210331.htm#3293216 Filing: 000100431521000067 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.
2020 2019-04-01 – 2020-03-31	GBP 1.26 billion Exact value Exact value: 1264000000 GBP 2019-04-01 – 2020-03-31: 1264000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2020-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 1264000000 GBP Concept: fundies:NetIncome Period: 2019-04-01 to 2020-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2020-03-31&surface=latest&period_type=duration&start=2019-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 1264000000 GBP (2019-04-01 to 2020-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431522000057/nggtf-20220331.htm#2192968 Filing: 000100431522000057 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 4.29 billion Exact value Exact value: 4291000000 GBP 2019-04-01 – 2020-03-31: 4291000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2020-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 4291000000 GBP Concept: fundies:CapitalExpenditure Period: 2019-04-01 to 2020-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2020-03-31&surface=latest&period_type=duration&start=2019-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 4291000000 GBP (2019-04-01 to 2020-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431522000057/nggtf-20220331.htm#2657571 Filing: 000100431522000057 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.
2021 2020-04-01 – 2021-03-31	GBP 1.64 billion Exact value Exact value: 1640000000 GBP 2020-04-01 – 2021-03-31: 1640000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2021-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 1640000000 GBP Concept: fundies:NetIncome Period: 2020-04-01 to 2021-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2021-03-31&surface=latest&period_type=duration&start=2020-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 1640000000 GBP (2020-04-01 to 2021-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431523000012/nggtf-20230331.htm#2121591 Filing: 000100431523000012 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 4.21 billion Exact value Exact value: 4209000000 GBP 2020-04-01 – 2021-03-31: 4209000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2021-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 4209000000 GBP Concept: fundies:CapitalExpenditure Period: 2020-04-01 to 2021-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2021-03-31&surface=latest&period_type=duration&start=2020-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 4209000000 GBP (2020-04-01 to 2021-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431523000012/nggtf-20230331.htm#2564204 Filing: 000100431523000012 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.
2022 2021-04-01 – 2022-03-31	GBP 2.35 billion Exact value Exact value: 2353000000 GBP 2021-04-01 – 2022-03-31: 2353000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2022-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 2353000000 GBP Concept: fundies:NetIncome Period: 2021-04-01 to 2022-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2022-03-31&surface=latest&period_type=duration&start=2021-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 2353000000 GBP (2021-04-01 to 2022-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431524000007/nggtf-20240331.htm#4051367 Filing: 000100431524000007 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 5.1 billion Exact value Exact value: 5098000000 GBP 2021-04-01 – 2022-03-31: 5098000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2022-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 5098000000 GBP Concept: fundies:CapitalExpenditure Period: 2021-04-01 to 2022-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2022-03-31&surface=latest&period_type=duration&start=2021-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 5098000000 GBP (2021-04-01 to 2022-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431524000007/nggtf-20240331.htm#4672622 Filing: 000100431524000007 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.
2023 2022-04-01 – 2023-03-31	GBP 7.8 billion Exact value Exact value: 7797000000 GBP 2022-04-01 – 2023-03-31: 7797000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2023-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 7797000000 GBP Concept: fundies:NetIncome Period: 2022-04-01 to 2023-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2023-03-31&surface=latest&period_type=duration&start=2022-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 7797000000 GBP (2022-04-01 to 2023-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431525000012/nggtf-20250331.htm#12132635 Filing: 000100431525000012 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 6.33 billion Exact value Exact value: 6325000000 GBP 2022-04-01 – 2023-03-31: 6325000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2023-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 6325000000 GBP Concept: fundies:CapitalExpenditure Period: 2022-04-01 to 2023-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2023-03-31&surface=latest&period_type=duration&start=2022-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 6325000000 GBP (2022-04-01 to 2023-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431525000012/nggtf-20250331.htm#12770028 Filing: 000100431525000012 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.
2024 2023-04-01 – 2024-03-31	GBP 2.29 billion Exact value Exact value: 2290000000 GBP 2023-04-01 – 2024-03-31: 2290000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2024-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 2290000000 GBP Concept: fundies:NetIncome Period: 2023-04-01 to 2024-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2024-03-31&surface=latest&period_type=duration&start=2023-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 2290000000 GBP (2023-04-01 to 2024-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9251005 Filing: 000100431526000006 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 6.9 billion Exact value Exact value: 6904000000 GBP 2023-04-01 – 2024-03-31: 6904000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2024-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 6904000000 GBP Concept: fundies:CapitalExpenditure Period: 2023-04-01 to 2024-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2024-03-31&surface=latest&period_type=duration&start=2023-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 6904000000 GBP (2023-04-01 to 2024-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9817861 Filing: 000100431526000006 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.
2025 2024-04-01 – 2025-03-31	GBP 2.9 billion Exact value Exact value: 2902000000 GBP 2024-04-01 – 2025-03-31: 2902000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2025-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 2902000000 GBP Concept: fundies:NetIncome Period: 2024-04-01 to 2025-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2025-03-31&surface=latest&period_type=duration&start=2024-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 2902000000 GBP (2024-04-01 to 2025-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9250079 Filing: 000100431526000006 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 8.78 billion Exact value Exact value: 8780000000 GBP 2024-04-01 – 2025-03-31: 8780000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2025-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 8780000000 GBP Concept: fundies:CapitalExpenditure Period: 2024-04-01 to 2025-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2025-03-31&surface=latest&period_type=duration&start=2024-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 8780000000 GBP (2024-04-01 to 2025-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9817031 Filing: 000100431526000006 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.
2026 2025-04-01 – 2026-03-31	GBP 3.24 billion Exact value Exact value: 3241000000 GBP 2025-04-01 – 2026-03-31: 3241000000 GBP Inspect Net Income Open source Share or cite Citation for Net Income · NATIONAL GRID PLC · 2026-03-31 NATIONAL GRID PLC (edgar:1004315) Net Income: 3241000000 GBP Concept: fundies:NetIncome Period: 2025-04-01 to 2026-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ANetIncome&period=2026-03-31&surface=latest&period_type=duration&start=2025-04-01&unit=GBP&dimensions= Input fundies:NetIncome: 3241000000 GBP (2025-04-01 to 2026-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9249152 Filing: 000100431526000006 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	GBP 9.99 billion Exact value Exact value: 9989000000 GBP 2025-04-01 – 2026-03-31: 9989000000 GBP Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · NATIONAL GRID PLC · 2026-03-31 NATIONAL GRID PLC (edgar:1004315) Capital Expenditure: 9989000000 GBP Concept: fundies:CapitalExpenditure Period: 2025-04-01 to 2026-03-31 Values: Latest reported Published: 2026-11-02T07:42:39Z Snapshot: dafe680f99bc9b1d0a63374454bb1ca8b74cfb7f63889f4b76580e0c5be4ac12 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1004315/explain?concept=fundies%3ACapitalExpenditure&period=2026-03-31&surface=latest&period_type=duration&start=2025-04-01&unit=GBP&dimensions= Input fundies:CapitalExpenditure: 9989000000 GBP (2025-04-01 to 2026-03-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1004315/000100431526000006/nggtf-20260331.htm#9816204 Filing: 000100431526000006 The citation records this snapshot. The page link may show a newer release later.	Unavailable Free cash flow cannot be calculated because Operating cash flow is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

650 filings · 1,265 latest values · 1,265 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001004315, 1004315, NEWEN, NGG, NGGTF, NMKBP, NMKCP, NMPWP, edgar:1004315

Also known as NATIONAL GRID GROUP PLC, NATIONAL GRID PLC, NATIONAL GRID PLC , NATIONAL GRID TRANSCO PLC

NATIONAL GRID PLC

Latest fiscal year

Revenue

Operating margin

Company performance

What changed year over year

Revenue

Net income

Capital expenditure

Where revenue goes

2026 2025-04-01 – 2026-03-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation