National Grid PLC Cash Flow Reinvestment Rate
National Grid PLC cash flow reinvestment rate. National Grid PLC (NG) has a Cash Flow Reinvestment Rate of 1.63x as of March 2026, reinvesting GBX5.54 Billion (capex GBX5.54 Billion ) from operating cash flow of GBX3.41 Billion. See National Grid PLC (NG) flexibility index to measure the company's free cash flow as a share of total liabilities.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of National Grid PLC (1993–2026)
Cash flow reinvestment rate of National Grid PLC from 1993 to 2026. Historical reinvestment intensity for National Grid PLC across 32 annual periods. Explore cash flow to debt ratio of National Grid PLC to assess how comfortably operating cash covers total debt obligations.
National Grid PLC Cash Flow Reinvestment Rate by Year (1993–2026)
National Grid PLC cash flow reinvestment rate by year from 1993 to 2026. Year-by-year capital reinvestment analysis for National Grid PLC. For the full cash flow conversion analysis, see how efficiently does National Grid PLC generate cash.
| Year | Reinvestment Rate | Total Reinvested (GBX) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2026 | 2.13x | GBX13.29 Billion | GBX6.23 Billion | GBX9.99 Billion | ▼ -25.0% |
| 2025 | 2.84x | GBX19.35 Billion | GBX6.81 Billion | GBX8.78 Billion | ▲ +36.9% |
| 2024 | 2.08x | GBX14.40 Billion | GBX6.94 Billion | GBX6.90 Billion | ▲ +100.8% |
| 2023 | 1.03x | GBX7.13 Billion | GBX6.90 Billion | GBX6.89 Billion | ▲ +5.3% |
| 2022 | 0.98x | GBX6.16 Billion | GBX6.27 Billion | GBX5.54 Billion | ▼ -17.9% |
| 2021 | 1.20x | GBX5.34 Billion | GBX4.46 Billion | GBX4.79 Billion | ▲ +10.1% |
| 2020 | 1.09x | GBX5.02 Billion | GBX4.62 Billion | GBX4.90 Billion | ▲ +3.2% |
| 2019 | 1.05x | GBX4.55 Billion | GBX4.32 Billion | GBX3.94 Billion | ▼ -51.9% |
| 2018 | 2.19x | GBX9.87 Billion | GBX4.50 Billion | GBX3.91 Billion | ▲ +24.6% |
| 2017 | 1.76x | GBX9.20 Billion | GBX5.23 Billion | GBX3.52 Billion | ▲ +128.3% |
| 2016 | 0.77x | GBX4.13 Billion | GBX5.37 Billion | GBX3.63 Billion | ▼ -13.1% |
| 2015 | 0.89x | GBX4.44 Billion | GBX5.01 Billion | GBX3.28 Billion | ▼ -26.4% |
| 2014 | 1.20x | GBX4.84 Billion | GBX4.02 Billion | GBX3.12 Billion | ▲ +33.2% |
| 2013 | 0.90x | GBX3.39 Billion | GBX3.75 Billion | GBX3.39 Billion | ▲ +14.1% |
| 2012 | 0.79x | GBX3.35 Billion | GBX4.23 Billion | GBX3.35 Billion | ▲ +22.8% |
| 2011 | 0.65x | GBX3.13 Billion | GBX4.86 Billion | GBX3.13 Billion | ▼ -6.4% |
| 2010 | 0.69x | GBX3.11 Billion | GBX4.52 Billion | GBX3.11 Billion | ▼ -26.4% |
| 2009 | 0.94x | GBX3.19 Billion | GBX3.40 Billion | GBX3.19 Billion | ▲ +73.0% |
| 2008 | 0.54x | GBX2.88 Billion | GBX5.32 Billion | GBX2.88 Billion | ▼ -47.7% |
| 2007 | 1.03x | GBX2.22 Billion | GBX2.15 Billion | GBX2.22 Billion | ▲ +40.2% |
| 2006 | 0.74x | GBX1.67 Billion | GBX2.27 Billion | GBX1.67 Billion | ▲ +24.9% |
| 2005 | 0.59x | GBX1.51 Billion | GBX2.55 Billion | GBX1.51 Billion | ▼ -40.0% |
| 2004 | 0.98x | GBX1.40 Billion | GBX1.42 Billion | GBX1.40 Billion | ▲ +18.3% |
| 2003 | 0.83x | GBX1.52 Billion | GBX1.82 Billion | GBX1.52 Billion | ▼ -12.6% |
| 2002 | 0.95x | GBX527.80 Million | GBX554.40 Million | GBX527.80 Million | ▼ -83.6% |
| 2001 | 5.80x | GBX483.40 Million | GBX83.40 Million | GBX483.40 Million | ▲ +205.3% |
| 2000 | 1.90x | GBX284.60 Million | GBX149.90 Million | GBX284.60 Million | ▼ -9.6% |
| 1999 | 2.10x | GBX317.80 Million | GBX151.30 Million | GBX317.80 Million | ▲ +412.0% |
| 1997 | 0.41x | GBX285.00 Million | GBX694.70 Million | GBX285.00 Million | ▼ -44.9% |
| 1995 | 0.74x | GBX377.30 Million | GBX506.50 Million | GBX377.30 Million | ▼ -1.4% |
| 1994 | 0.76x | GBX343.70 Million | GBX455.10 Million | GBX343.70 Million | ▼ -19.3% |
| 1993 | 0.94x | GBX382.30 Million | GBX408.40 Million | GBX382.30 Million | — |