National Grid PLC (NG) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.087x

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 how much is National Grid PLC worth for the company's overall valuation and market capitalisation.

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

This chart illustrates how National Grid PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore NG cash to earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Danel (Adir Yeoshua) Ltd TA:DANE	0.197x
Aeon Credit Service Bhd KLSE:5139	-0.076x
Suntront Tech SHE:300259	0.040x
Kunshan Top A Intelligent Equipment SHE:300836	-0.017x
Fineotex Chemical Limited NSE:FCL	0.021x
Garudafood Putra Putri Jaya Tbk PT JK:GOOD	0.109x
Truecaller AB (publ) ST:TRUE-B	0.074x
Shandong Mining Machinery Group Co Ltd SHE:002526	0.049x

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. View NG live share price for real-time trading data and today's change.

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

$678.90 Million

GBX5.58 Trillion GBX

Market Cap Rank

#10723 Global

#43 in UK

Share Price

GBX1110.00

Change (1 day)

+0.45%

52-Week Range

GBX1031.50 - GBX1400.00

All Time High

GBX1400.00