National Grid PLC ADR (NGG) — Financial Flexibility Index
National Grid PLC ADR (NGG) has a Financial Flexibility Index of 0.11x as of September 2025. Free cash flow of $7.25 Billion (operating CF $2.82 Billion minus capex $4.43 Billion) represents 0% of total liabilities ($66.54 Billion). Check how strategically is National Grid PLC ADR's equity deployed to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
National Grid PLC ADR Financial Flexibility Index (1993–2025)
Historical Financial Flexibility Index trend for National Grid PLC ADR across 33 annual periods. See National Grid PLC ADR short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for National Grid PLC ADR (1993–2025)
Year-by-year free cash flow to debt coverage for National Grid PLC ADR. For the full company profile including market capitalisation, see NGG stock market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.20x | $13.93 Billion | $5.27 Billion | $68.92 Billion | ▲ +10.2% |
| 2024 | 0.18x | $12.55 Billion | $5.64 Billion | $68.43 Billion | ▼ -12.4% |
| 2023 | 0.21x | $13.22 Billion | $6.90 Billion | $63.13 Billion | ▲ +30.8% |
| 2022 | 0.16x | $11.37 Billion | $6.27 Billion | $71.00 Billion | ▼ -12.5% |
| 2021 | 0.18x | $8.67 Billion | $4.46 Billion | $47.36 Billion | ▼ -1.8% |
| 2020 | 0.19x | $8.91 Billion | $4.62 Billion | $47.77 Billion | ▲ +13.7% |
| 2019 | 0.16x | $7.19 Billion | $3.55 Billion | $43.84 Billion | ▼ -7.2% |
| 2018 | 0.18x | $7.06 Billion | $3.53 Billion | $39.94 Billion | ▼ -1.8% |
| 2017 | 0.18x | $8.18 Billion | $4.74 Billion | $45.46 Billion | ▲ +2.1% |
| 2016 | 0.18x | $7.99 Billion | $4.99 Billion | $45.37 Billion | ▼ -4.9% |
| 2015 | 0.19x | $7.99 Billion | $4.66 Billion | $43.12 Billion | ▲ +27.1% |
| 2014 | 0.15x | $5.90 Billion | $3.07 Billion | $40.47 Billion | ▲ +0.1% |
| 2013 | 0.15x | $6.48 Billion | $3.13 Billion | $44.47 Billion | ▼ -17.3% |
| 2012 | 0.18x | $6.71 Billion | $3.55 Billion | $38.09 Billion | ▼ -1.6% |
| 2011 | 0.18x | $6.68 Billion | $3.81 Billion | $37.33 Billion | ▲ +2.2% |
| 2010 | 0.18x | $6.89 Billion | $3.73 Billion | $39.34 Billion | ▲ +10.1% |
| 2009 | 0.16x | $6.44 Billion | $2.83 Billion | $40.48 Billion | ▼ -3.5% |
| 2008 | 0.16x | $5.34 Billion | $2.49 Billion | $32.40 Billion | ▼ -9.4% |
| 2007 | 0.18x | $4.41 Billion | $2.29 Billion | $24.25 Billion | ▲ +1.8% |
| 2006 | 0.18x | $4.01 Billion | $2.32 Billion | $22.43 Billion | ▲ +16.1% |
| 2005 | 0.15x | $3.92 Billion | $2.51 Billion | $25.44 Billion | ▲ +20.7% |
| 2004 | 0.13x | $2.82 Billion | $1.42 Billion | $22.13 Billion | ▼ -9.5% |
| 2003 | 0.14x | $3.34 Billion | $1.82 Billion | $23.71 Billion | ▲ +84.0% |
| 2002 | 0.08x | $1.08 Billion | $554.40 Million | $14.12 Billion | ▼ -12.6% |
| 2001 | 0.09x | $566.80 Million | $83.40 Million | $6.46 Billion | ▲ +17.5% |
| 2000 | 0.07x | $434.50 Million | $149.90 Million | $5.82 Billion | ▼ -50.0% |
| 1999 | 0.15x | $469.10 Million | $151.30 Million | $3.14 Billion | ▲ +271.4% |
| 1998 | -0.09x | $-217.20 Million | $-508.60 Million | $2.49 Billion | ▼ -117.4% |
| 1997 | 0.50x | $979.70 Million | $694.70 Million | $1.96 Billion | ▲ +257.0% |
| 1996 | -0.32x | $-667.00 Million | $-952.30 Million | $2.09 Billion | ▼ -143.9% |
| 1995 | 0.73x | $883.80 Million | $506.50 Million | $1.22 Billion | ▲ +46.5% |
| 1994 | 0.50x | $798.80 Million | $455.10 Million | $1.61 Billion | ▲ +4.3% |
| 1993 | 0.47x | $790.70 Million | $408.40 Million | $1.67 Billion | — |