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. Check National Grid plc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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. Explore NNGD strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
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 National Grid plc 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 | — |