National Grid PLC ADR Financial Flexibility Index
National Grid PLC ADR financial flexibility index. National Grid PLC ADR (NGG) has a Financial Flexibility Index of 0.13x as of March 2026. Free cash flow of $9.07 Billion (operating CF $3.46 Billion minus capex $5.62 Billion) represents 0% of total liabilities ($68.95 Billion). Explore National Grid PLC ADR (NGG) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of National Grid PLC ADR (1993–2026)
Financial flexibility index of National Grid PLC ADR from 1993 to 2026. Historical Financial Flexibility Index trend for National Grid PLC ADR across 34 annual periods. Check cash flow reinvestment rate of National Grid PLC ADR to assess the company's total reinvestment commitment from operating cash flow.
National Grid PLC ADR Financial Flexibility Index by Year (1993–2026)
National Grid PLC ADR financial flexibility index by year from 1993 to 2026. Year-by-year free cash flow to debt coverage for National Grid PLC ADR. For the full cash flow conversion analysis, see NGG cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.24x | $16.49 Billion | $6.33 Billion | $68.95 Billion | ▲ +18.3% |
| 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 | — |