National Grid PLC Cash Flow Conversion Efficiency

Latest as of March 2026: 0.087x

National Grid PLC cash flow conversion efficiency. Based on the latest financial reports, National Grid PLC (NG) has a cash flow conversion efficiency ratio of 0.087x as of March 2026. 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 (GBX3.41 Billion ≈ $415.02K USD) by net assets (GBX39.33 Billion ≈ $4.79 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see National Grid PLC stock valuation for the company's overall valuation and market capitalisation.

Cash Flow Conversion Efficiency of National Grid PLC (1993–2026)

Cash flow conversion efficiency of National Grid PLC from 1993 to 2026. This chart illustrates how National Grid PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. View National Grid PLC share price for real-time trading data and today's change.

National Grid PLC Cash Flow Conversion Ratio Explained

National Grid PLC cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Review National Grid PLC free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Synektik S.A. WAR:SNT	0.376x
Aeroflex Industries Limited NSE:AEROFLEX	0.020x
WELL Health Technologies Corp TO:WELL	0.090x
Eagle Bancorp Inc NASDAQ:EGBN	-0.030x
Hangzhou Raycloud Technology Co Ltd SHG:688365	0.018x
Jutze Intelligent Technology Co Ltd SHE:300802	0.021x
Shanghai Anoky Group SHE:300067	-0.006x
ADITYA VISION LTD NSE:AVL	0.197x

Annual Cash Flow Conversion Efficiency for National Grid PLC (1993–2026)

The table below shows the annual cash flow conversion efficiency of National Grid PLC from 1993 to 2026. Also see National Grid PLC total assets for a full breakdown of the balance sheet.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	GBX39.33 Billion ≈ $4.79 Million	GBX6.23 Billion ≈ $758.38K	0.158x	-11.95%
2025-03-31	GBX37.83 Billion ≈ $4.60 Million	GBX6.81 Billion ≈ $828.34K	0.180x	-22.47%
2024-03-31	GBX29.89 Billion ≈ $3.64 Million	GBX6.94 Billion ≈ $844.28K	0.232x	-0.52%
2023-03-31	GBX29.56 Billion ≈ $3.60 Million	GBX6.90 Billion ≈ $839.29K	0.233x	-11.25%
2022-03-31	GBX23.86 Billion ≈ $2.90 Million	GBX6.27 Billion ≈ $763.12K	0.263x	+17.05%
2021-03-31	GBX19.86 Billion ≈ $2.42 Million	GBX4.46 Billion ≈ $542.77K	0.225x	-4.74%
2020-03-31	GBX19.58 Billion ≈ $2.38 Million	GBX4.62 Billion ≈ $561.88K	0.236x	+5.77%
2019-03-31	GBX19.37 Billion ≈ $2.36 Million	GBX4.32 Billion ≈ $525.38K	0.223x	-6.69%
2018-03-31	GBX18.85 Billion ≈ $2.29 Million	GBX4.50 Billion ≈ $547.88K	0.239x	-6.87%
2017-03-31	GBX20.38 Billion ≈ $2.48 Million	GBX5.23 Billion ≈ $636.22K	0.257x	-35.18%
2016-03-31	GBX13.56 Billion ≈ $1.65 Million	GBX5.37 Billion ≈ $653.13K	0.396x	-5.36%
2015-03-31	GBX11.97 Billion ≈ $1.46 Million	GBX5.01 Billion ≈ $609.21K	0.418x	+24.01%
2014-03-31	GBX11.92 Billion ≈ $1.45 Million	GBX4.02 Billion ≈ $489.00K	0.337x	-7.99%
2013-03-31	GBX10.23 Billion ≈ $1.25 Million	GBX3.75 Billion ≈ $456.27K	0.366x	-19.86%
2012-03-31	GBX9.25 Billion ≈ $1.12 Million	GBX4.23 Billion ≈ $514.43K	0.457x	-14.63%
2011-03-31	GBX9.07 Billion ≈ $1.10 Million	GBX4.86 Billion ≈ $591.08K	0.536x	-50.05%
2010-03-31	GBX4.21 Billion ≈ $512.36K	GBX4.52 Billion ≈ $549.47K	1.072x	+25.63%
2009-03-31	GBX3.98 Billion ≈ $484.74K	GBX3.40 Billion ≈ $413.80K	0.854x	-13.69%
2008-03-31	GBX5.37 Billion ≈ $653.86K	GBX5.32 Billion ≈ $646.68K	0.989x	+90.70%
2007-03-31	GBX4.14 Billion ≈ $503.23K	GBX2.15 Billion ≈ $260.98K	0.519x	-20.09%
2006-03-31	GBX3.49 Billion ≈ $425.00K	GBX2.27 Billion ≈ $275.83K	0.649x	-46.04%
2005-03-31	GBX2.12 Billion ≈ $258.06K	GBX2.55 Billion ≈ $310.38K	1.203x	+7.50%
2004-03-31	GBX1.27 Billion ≈ $154.64K	GBX1.42 Billion ≈ $173.02K	1.119x	-24.19%
2003-03-31	GBX1.24 Billion ≈ $150.39K	GBX1.82 Billion ≈ $221.93K	1.476x	+776.92%
2002-03-31	GBX3.29 Billion ≈ $400.83K	GBX554.40 Million ≈ $67.45K	0.168x	+609.79%
2001-03-31	GBX3.52 Billion ≈ $427.99K	GBX83.40 Million ≈ $10.15K	0.024x	-53.43%
2000-03-31	GBX2.94 Billion ≈ $358.21K	GBX149.90 Million ≈ $18.24K	0.051x	-34.29%
1999-03-31	GBX1.95 Billion ≈ $237.56K	GBX151.30 Million ≈ $18.41K	0.077x	+114.16%
1998-03-31	GBX929.40 Million ≈ $113.08K	GBX-508.60 Million ≈ $-61.88K	-0.547x	-209.41%
1997-03-31	GBX1.39 Billion ≈ $168.99K	GBX694.70 Million ≈ $84.52K	0.500x	+157.89%
1996-03-31	GBX1.10 Billion ≈ $134.11K	GBX-952.30 Million ≈ $-115.87K	-0.864x	-436.42%
1995-03-31	GBX1.97 Billion ≈ $239.96K	GBX506.50 Million ≈ $61.63K	0.257x	-4.25%
1994-03-31	GBX1.70 Billion ≈ $206.45K	GBX455.10 Million ≈ $55.37K	0.268x	-7.76%
1993-03-31	GBX1.40 Billion ≈ $170.89K	GBX408.40 Million ≈ $49.69K	0.291x	--

About National Grid PLC

LSE:NG UK Utilities - Regulated Electric

Market Cap

$767.28 Million

GBX6.31 Trillion GBX

Market Cap Rank

#9719 Global

#37 in UK

Share Price

GBX1254.50

Change (1 day)

+0.00%

52-Week Range

GBX1105.00 - GBX1400.00

All Time High

GBX1400.00