National Grid PLC ADR (NGG) — Cash Flow Reinvestment Rate
National Grid PLC ADR (NGG) has a Cash Flow Reinvestment Rate of 1.57x as of September 2025, reinvesting $4.43 Billion (capex $4.43 Billion ) from operating cash flow of $2.82 Billion. Explore National Grid PLC ADR (NGG) capital reinvestment 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 ADR Cash Flow Reinvestment Rate (1993–2025)
Historical reinvestment intensity for National Grid PLC ADR across 31 annual periods. Also explore NGG total asset value for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for National Grid PLC ADR (1993–2025)
Year-by-year capital reinvestment analysis for National Grid PLC ADR. For live market cap and broader valuation context, see National Grid PLC ADR (NGG) market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 3.65x | $19.23 Billion | $5.27 Billion | $8.66 Billion | ▲ +42.8% |
| 2024 | 2.55x | $14.41 Billion | $5.64 Billion | $6.91 Billion | ▲ +168.4% |
| 2023 | 0.95x | $6.57 Billion | $6.90 Billion | $6.33 Billion | ▲ +4.5% |
| 2022 | 0.91x | $5.71 Billion | $6.27 Billion | $5.10 Billion | ▼ -14.6% |
| 2021 | 1.07x | $4.76 Billion | $4.46 Billion | $4.21 Billion | ▼ -34.2% |
| 2020 | 1.62x | $7.49 Billion | $4.62 Billion | $4.29 Billion | ▼ -13.9% |
| 2019 | 1.88x | $6.68 Billion | $3.55 Billion | $3.64 Billion | ▲ +15.4% |
| 2018 | 1.63x | $5.76 Billion | $3.53 Billion | $3.52 Billion | ▼ -0.4% |
| 2017 | 1.64x | $7.75 Billion | $4.74 Billion | $3.44 Billion | ▼ -80.6% |
| 2016 | 8.42x | $42.03 Billion | $4.99 Billion | $3.00 Billion | ▲ +452.3% |
| 2015 | 1.52x | $7.10 Billion | $4.66 Billion | $3.33 Billion | ▲ +2.8% |
| 2014 | 1.48x | $4.55 Billion | $3.07 Billion | $2.83 Billion | ▲ +38.7% |
| 2013 | 1.07x | $3.35 Billion | $3.13 Billion | $3.35 Billion | ▲ +19.8% |
| 2012 | 0.89x | $3.16 Billion | $3.55 Billion | $3.16 Billion | ▲ +18.4% |
| 2011 | 0.75x | $2.87 Billion | $3.81 Billion | $2.87 Billion | ▼ -11.0% |
| 2010 | 0.85x | $3.16 Billion | $3.73 Billion | $3.16 Billion | ▼ -33.6% |
| 2009 | 1.27x | $3.61 Billion | $2.83 Billion | $3.61 Billion | ▲ +11.2% |
| 2008 | 1.15x | $2.85 Billion | $2.49 Billion | $2.85 Billion | ▲ +23.8% |
| 2007 | 0.93x | $2.12 Billion | $2.29 Billion | $2.12 Billion | ▲ +26.7% |
| 2006 | 0.73x | $1.69 Billion | $2.32 Billion | $1.69 Billion | ▲ +30.5% |
| 2005 | 0.56x | $1.40 Billion | $2.51 Billion | $1.40 Billion | ▼ -43.2% |
| 2004 | 0.98x | $1.40 Billion | $1.42 Billion | $1.40 Billion | ▲ +18.3% |
| 2003 | 0.83x | $1.52 Billion | $1.82 Billion | $1.52 Billion | ▼ -12.6% |
| 2002 | 0.95x | $527.80 Million | $554.40 Million | $527.80 Million | ▼ -83.6% |
| 2001 | 5.80x | $483.40 Million | $83.40 Million | $483.40 Million | ▲ +205.3% |
| 2000 | 1.90x | $284.60 Million | $149.90 Million | $284.60 Million | ▼ -9.6% |
| 1999 | 2.10x | $317.80 Million | $151.30 Million | $317.80 Million | ▲ +412.0% |
| 1997 | 0.41x | $285.00 Million | $694.70 Million | $285.00 Million | ▼ -44.9% |
| 1995 | 0.74x | $377.30 Million | $506.50 Million | $377.30 Million | ▼ -1.4% |
| 1994 | 0.76x | $343.70 Million | $455.10 Million | $343.70 Million | ▼ -19.3% |
| 1993 | 0.94x | $382.30 Million | $408.40 Million | $382.30 Million | — |