National Grid plc Cash Flow Quality Index
National Grid plc cash flow quality index. National Grid plc (NNGD) has a Cash Flow Quality Index of 2.01x as of September 2022. Operating cash flow of €1.26 Billion exceeds net income of €628.00 Million, indicating high earnings quality where cash backs reported profits. See NNGD FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of National Grid plc (2017–2025)
Cash flow quality index of National Grid plc from 2017 to 2025. Historical Cash Flow Quality Index for National Grid plc across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore NNGD operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
National Grid plc Cash Flow Quality Index by Year (2017–2025)
National Grid plc cash flow quality index by year from 2017 to 2025. Year-by-year earnings quality comparison for National Grid plc. For the full cash flow conversion analysis, see National Grid plc (NNGD) cash flow conversion.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.35x | €6.81 Billion | €2.90 Billion | ▼ -22.6% |
| 2024 | 3.03x | €6.94 Billion | €2.29 Billion | ▲ +242.5% |
| 2023 | 0.88x | €6.90 Billion | €7.80 Billion | ▼ -66.8% |
| 2022 | 2.67x | €6.27 Billion | €2.35 Billion | ▼ -2.0% |
| 2021 | 2.72x | €4.46 Billion | €1.64 Billion | ▼ -25.5% |
| 2020 | 3.65x | €4.62 Billion | €1.26 Billion | ▲ +27.8% |
| 2019 | 2.86x | €4.32 Billion | €1.51 Billion | ▲ +125.3% |
| 2018 | 1.27x | €4.50 Billion | €3.55 Billion | ▲ +89.1% |
| 2017 | 0.67x | €5.23 Billion | €7.79 Billion | — |