National Grid plc (NNGD) - Cash Flow Conversion Efficiency

Latest as of September 2022: 0.049x

Based on the latest financial reports, National Grid plc (NNGD) has a cash flow conversion efficiency ratio of 0.049x as of September 2022. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€1.26 Billion ≈ $1.48 Billion USD) by net assets (€25.96 Billion ≈ $30.35 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See National Grid plc balance sheet quality to measure how much of total assets are equity-financed.

National Grid plc - Cash Flow Conversion Efficiency Trend (2017–2025)

This chart illustrates how National Grid plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check National Grid plc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

National Grid plc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of National Grid plc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Vinci S.A. PA:DG	0.276x
Ecolab Inc NYSE:ECL	0.044x
China Telecom Corp Ltd SHG:601728	0.087x
Petróleo Brasileiro S.A. - Petrobras SA:PETR3	0.092x
TC Energy Corp TO:TRP	0.070x
CN YANGT.PWR GDR REG S/A F:CYZB	N/A
MUENCH.RUECK.UNS.ADR 1/10 F:MUVB	N/A
Münchener Rück AG XETRA:MUV2	0.096x

Annual Cash Flow Conversion Efficiency for National Grid plc (2017–2025)

The table below shows the annual cash flow conversion efficiency of National Grid plc from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see National Grid plc market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	€37.83 Billion ≈ $44.22 Billion	€6.81 Billion ≈ $7.96 Billion	0.180x	-22.47%
2024-03-31	€29.89 Billion ≈ $34.95 Billion	€6.94 Billion ≈ $8.11 Billion	0.232x	-0.52%
2023-03-31	€29.56 Billion ≈ $34.56 Billion	€6.90 Billion ≈ $8.06 Billion	0.233x	-11.25%
2022-03-31	€23.86 Billion ≈ $27.89 Billion	€6.27 Billion ≈ $7.33 Billion	0.263x	+17.05%
2021-03-31	€19.86 Billion ≈ $23.22 Billion	€4.46 Billion ≈ $5.22 Billion	0.225x	-4.74%
2020-03-31	€19.58 Billion ≈ $22.90 Billion	€4.62 Billion ≈ $5.40 Billion	0.236x	+5.77%
2019-03-31	€19.37 Billion ≈ $22.64 Billion	€4.32 Billion ≈ $5.05 Billion	0.223x	-6.69%
2018-03-31	€18.85 Billion ≈ $22.04 Billion	€4.50 Billion ≈ $5.26 Billion	0.239x	-6.87%
2017-03-31	€20.38 Billion ≈ $23.83 Billion	€5.23 Billion ≈ $6.11 Billion	0.257x	--

About National Grid plc

F:NNGD Germany Utilities - Regulated Electric

Market Cap

$79.11 Billion

€67.67 Billion EUR

Market Cap Rank

#393 Global

#75 in Germany

Share Price

€68.00

Change (1 day)

+0.00%

52-Week Range

€56.50 - €79.50

All Time High

€79.50