National Grid plc (NNGD) — Cash Flow Reinvestment Rate
National Grid plc (NNGD) has a Cash Flow Reinvestment Rate of 1.38x as of September 2022, reinvesting €1.74 Billion (capex €1.63 Billion plus investments €115.50 Million) from operating cash flow of €1.26 Billion. Explore how much does National Grid plc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
National Grid plc Cash Flow Reinvestment Rate (2017–2025)
Historical reinvestment intensity for National Grid plc across 9 annual periods. Also explore National Grid plc balance sheet assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for National Grid plc (2017–2025)
Year-by-year capital reinvestment analysis for National Grid plc. For live market cap and broader valuation context, see NNGD stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.75x | €11.94 Billion | €6.81 Billion | €9.31 Billion | ▲ +44.1% |
| 2024 | 1.22x | €8.45 Billion | €6.94 Billion | €7.45 Billion | ▲ +17.8% |
| 2023 | 1.03x | €7.13 Billion | €6.90 Billion | €6.89 Billion | ▲ +13.5% |
| 2022 | 0.91x | €5.71 Billion | €6.27 Billion | €5.10 Billion | ▼ -14.7% |
| 2021 | 1.07x | €4.76 Billion | €4.46 Billion | €4.21 Billion | ▲ +11.9% |
| 2020 | 0.95x | €4.41 Billion | €4.62 Billion | €4.29 Billion | ▼ -2.9% |
| 2019 | 0.98x | €4.24 Billion | €4.32 Billion | €3.63 Billion | ▼ -54.4% |
| 2018 | 2.15x | €9.69 Billion | €4.50 Billion | €3.74 Billion | ▲ +25.5% |
| 2017 | 1.72x | €8.97 Billion | €5.23 Billion | €3.30 Billion | — |