National Grid plc (NNGD) — 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. Explore National Grid plc operating cash flow efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
National Grid plc Cash Flow Quality Index (2017–2025)
Historical Cash Flow Quality Index for National Grid plc across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check cash flow reinvestment rate of National Grid plc to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for National Grid plc (2017–2025)
Year-by-year earnings quality comparison for National Grid plc. For live market cap and the full company financial profile, see National Grid plc market cap and net worth.
| 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 | — |