Last Price$61.7(0.7%)
Market Cap$46.3B
LTM Net Debt to Free Cash Flow
(79.8x)
5Y avg
(11.7x)
Regulated Electric industry
median
(5.6x)
Stock quality & Intrinsic value
6/10
2.2% undervalued
National Grid plc Net Debt to Free Cash Flow
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Mar'05 | Mar'06 | Mar'07 | Mar'08 | Mar'09 | Mar'10 | Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Debt to Free Cash Flow | 15.8x | 19.0x | (164.7x) | 7.7x | 110.5x | 16.2x | 11.3x | 23.1x | 43.4x | 21.5x | 10.6x | 10.9x | 10.9x | 32.1x | 39.2x | (27.4x) | (36.7x) | (362.2x) | 72.1x | (83.3x) |
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National Grid plc (NGG) Net Debt to Free Cash Flow comparison analysis
General
LTM Net Debt to Free Cash Flow
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
National Grid plcNGG
(79.8x)
(4.5%)
(71.6%)
11.5%
Median Peer Set
(2.8x)
(1.2%)
8.8%
14.1%
Duke Energy CorporationDUK
295.7x
1.0%
6.6%
9.8%
The Southern CompanySO
118.3x
5.8%
10.4%
16.5%
NextEra Energy, Inc.NEE
17.0x
(39.5%)
(38.8%)
26.7%
PG&E CorporationPCG
8.7x
12.7%
19.8%
9.2%
Public Service Enterprise Group IncorporatedPEG
(0.0x)
14.7%
148.8%
22.8%
Dominion Energy, Inc.D
(5.6x)
(16.2%)
96.7%
13.9%
Xcel Energy Inc.XEL
(11.0x)
(5.4%)
7.2%
14.4%
Entergy CorporationETR
(18.9x)
(11.7%)
106.3%
19.4%
Exelon CorporationEXC
(30.0x)
6.0%
4.7%
10.7%
American Electric Power Company, Inc.AEP
(46.9x)
(3.3%)
(5.5%)
11.6%
NGG key stats
USD
GBP
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Mar'05 | Mar'06 | Mar'07 | Mar'08 | Mar'09 | Mar'10 | Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 13,627.2 (10.9%) | 15,837.0 16.2% | 16,457.7 3.9% | 22,930.7 39.3% | 26,874.5 17.2% | 22,356.7 (16.8%) | 22,319.6 (0.2%) | 22,079.5 (1.1%) | 22,691.7 2.8% | 23,545.2 3.8% | 21,547.1 (8.5%) | 19,917.3 (7.6%) | 19,658.7 (1.3%) | 20,223.9 2.9% | 19,611.0 (3.0%) | 18,480.0 (5.8%) | 17,869.8 (3.3%) | 25,201.7 41.0% | 26,117.5 3.6% | 24,946.1 (4.5%) |
| Cost of Goods Sold (COGS) | (2,102.6) | 8,127.5 | 7,788.8 | 17,131.3 | 18,040.2 | 12,957.2 | 16,491.9 | 4,737.7 | 4,941.6 | 6,342.2 | 6,262.3 | 4,905.5 | 4,354.1 | 8,065.7 | 8,932.8 | 7,610.6 | 7,336.2 | 9,605.8 | 9,942.2 | 6,655.6 |
% margin | 15,729.8 115.4% | 7,709.5 48.7% | 8,668.9 52.7% | 5,799.4 25.3% | 8,834.3 32.9% | 9,399.5 42.0% | 5,827.7 26.1% | 17,341.8 78.5% | 17,750.0 78.2% | 17,203.0 73.1% | 15,284.8 70.9% | 15,011.8 75.4% | 15,304.6 77.9% | 12,158.2 60.1% | 10,678.2 54.4% | 10,869.4 58.8% | 10,533.5 58.9% | 15,595.8 61.9% | 16,175.2 61.9% | 18,290.4 73.3% |
| Operating Expenses | 9,187.6 | 11,634.9 | 12,460.1 | 18,389.9 | 20,345.1 | 17,100.7 | (21.8) | 16,430.3 | 11,925.0 | 11,244.0 | 10,887.3 | 10,426.0 | 11,316.7 | 15,441.8 | 15,993.0 | 6,754.0 | 7,435.6 | 10,353.1 | 19,966.4 | 12,666.6 |
| Research & Development Expenses (R&D) | 16.6 | 12.5 | 0.0 | 26.1 | 17.2 | 30.3 | 0.0 | 0.0 | 23.7 | 19.1 | 25.8 | 28.6 | 18.3 | 17.2 | 25.0 | 17.8 | 15.7 | 15.0 | 27.7 | 0.0 |
| Selling, General & Administrative Expenses (SG&A) | 0.0 | 1,594.8 | 1,556.6 | 0.0 | 2,492.4 | 2,237.7 | 0.0 | 0.0 | 2,471.6 | 2,132.1 | 2,202.0 | 2,161.8 | 2,187.5 | 133.9 | 266.6 | 5,222.4 | 5,974.9 | 8,696.1 | 162.8 | 99.3 |
% margin | 3,954.1 29.0% | 4,239.6 26.8% | 4,756.5 28.9% | 5,950.0 25.9% | 4,511.8 16.8% | 5,256.0 23.5% | 5,827.7 26.1% | 5,649.2 25.6% | 5,537.4 24.4% | 5,679.2 24.1% | 4,636.2 21.5% | 4,709.5 23.6% | 4,890.2 24.9% | 4,710.5 23.3% | 4,672.6 23.8% | 4,115.4 22.3% | 3,097.9 17.3% | 5,242.8 20.8% | 4,876.4 18.7% | 5,623.9 22.5% |
| Interest Income | 120.0 | 1,850.1 | 520.5 | 550.0 | 135.9 | 1,604.1 | 2,060.3 | 44.7 | 47.4 | 1,589.9 | 58.1 | 33.2 | 1,132.3 | 1,254.5 | 1,200.3 | 61.0 | 43.2 | 84.7 | 1,822.0 | 300.4 |
| Interest Expense | 1,423.3 | 2,925.2 | 1,516.1 | 2,005.4 | 1,997.0 | 3,372.6 | 3,815.6 | 3,540.5 | 3,432.4 | 1,818.9 | 1,724.5 | 1,560.3 | 1,311.5 | 1,495.9 | 1,394.7 | 1,400.6 | 1,105.0 | 1,607.8 | 2,015.0 | 2,165.3 |
| Pre-tax Income | 2,656.4 | 3,068.1 | 3,314.2 | 4,380.2 | 2,397.8 | 3,500.3 | 4,083.3 | 4,084.8 | 4,284.2 | 4,369.1 | 3,161.8 | 3,511.0 | 2,855.6 | 3,527.6 | 2,417.7 | 1,779.4 | 2,100.2 | 4,574.8 | 4,329.0 | 3,830.5 |
% effective tax rate | 588.9 22.2% | 955.4 31.1% | 834.7 25.2% | 1,218.5 27.8% | 811.9 33.9% | 1,283.3 36.7% | 717.4 17.6% | 831.7 20.4% | 880.2 20.5% | 451.5 10.3% | 753.3 23.8% | 643.7 18.3% | 489.0 17.1% | 1,179.0 33.4% | 445.2 18.4% | 470.3 26.4% | 470.8 22.4% | 1,718.5 37.6% | 1,056.3 24.4% | 1,044.3 27.3% |
% margin | 2,628.7 19.3% | 6,872.0 43.4% | 2,638.5 16.0% | 6,403.6 27.9% | 1,623.8 6.0% | 2,212.2 9.9% | 3,359.7 15.1% | 3,250.0 14.7% | 3,626.8 16.0% | 3,936.7 16.7% | 2,424.6 11.3% | 2,862.8 14.4% | 2,367.9 12.0% | 4,707.9 23.3% | 1,984.3 10.1% | 1,606.5 8.7% | 2,144.6 12.0% | 3,214.2 12.8% | 9,402.0 36.0% | 2,877.9 11.5% |
| EPS | 4.67 | 11.66 | 4.66 | 11.80 | 3.13 | 4.12 | 5.17 | 4.74 | 5.23 | 5.63 | 3.48 | 4.13 | 3.28 | 6.80 | 2.93 | 0.46 | 0.61 | 0.89 | 2.57 | 0.73 |
| Diluted EPS | 4.67 | 11.66 | 4.66 | 11.80 | 3.13 | 4.12 | 5.17 | 4.74 | 5.23 | 5.63 | 3.47 | 4.12 | 3.28 | 6.78 | 2.92 | 0.46 | 0.60 | 0.89 | 2.56 | 0.75 |
% margin | 3,620.0 26.6% | 7,654.2 48.3% | 6,130.7 37.3% | 7,935.3 34.6% | 6,962.9 25.9% | 8,769.0 39.2% | 9,836.3 44.1% | 7,828.1 35.5% | 7,528.6 33.2% | 7,728.6 32.8% | 6,434.9 29.9% | 6,529.0 32.8% | 6,652.7 33.8% | 6,739.5 33.3% | 6,708.2 34.2% | 4,872.9 26.4% | 5,135.3 28.7% | 8,243.9 32.7% | 6,743.1 25.8% | 8,586.0 34.4% |
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FAQ
1) What is National Grid plc's Net Debt to Free Cash Flow?
As of today, Microsoft Corp's last 12-month Net Debt to Free Cash Flow is (79.8x), based on the financial report for Mar 31, 2024 (Q1’2024). The average annual Net Debt to Free Cash Flow for National Grid plc have been (19.6x) over the past three years, and (12.3x) over the past five years.
2) Is National Grid plc's Net Debt to Free Cash Flow Good?
As of today, National Grid plc's Net Debt to Free Cash Flow is (79.8x), which is lower than industry median of (5.6x). It indicates that National Grid plc's Net Debt to Free Cash Flow is Good.