National Grid is an international electricity and gas company. It transmits and distributes electricity and natural gas. The Company owns and operates electricity transmission networks in England, Wales and Scotland. It also owns and operates gas transmission systems in Great Britain. In addition, it jointly owns and operates transmission facilities and electricity and gas distribution networks in the US. The Company is also involved in gas metering, property management, liquefied natural gas (LNG) importation terminal, unregulated transmission pipeline, and LNG operations, as well as operates Great Britain-France interconnector. Further, it is engaged in solar power generation.

HQLondon, GB
Size (employees)23,023 (est)+5%
National Grid was founded in 1990 and is headquartered in London, GB
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Key People/Management at National Grid

John Fiet

John Fiet

Nicola Shaw

Nicola Shaw

Executive Director, UK
Dean Seavers

Dean Seavers

Executive Director, US
Badar Khan

Badar Khan

Group Director Corporate Development and National Grid Ventures
Alison Kay

Alison Kay

Group General Counsel & Company Secretary
Andy Agg

Andy Agg

Interim Finance Director
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National Grid Office Locations

National Grid has offices in Warwickshire, Rugby, Staffordshire, West Midlands and in 42 other locations
London, GB (HQ)
1 - 3 Strand
Derby, GB
Osprey House 5 Hunter Road Castle Donington
Eakring, GB
Kirklington Rd Albermarle Cottages
Hertfordshire, GB
Cadwell Lane Hitchin
Isle of Grain, GB
Rochester Kent
Leeds, GB
1100 Century Way Thorpe Park
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National Grid Financials and Metrics

National Grid Revenue

National Grid's revenue was reported to be £15.03 b in FY, 2017

Revenue (FY, 2017)

15 b

Net income (FY, 2017)

1.8 b

EBITDA (FY, 2017)

4.9 b

EBIT (FY, 2017)

3.2 b

Cash (31-Mar-2017)

1.1 b


31.4 b
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


4.4 b9.4 b9 b8.5 b9.2 b8.7 b14.4 b14.8 b15.2 b13.2 b15 b

Revenue growth, %


Operating expense total

3.9 b7.8 b6.9 b6.7 b6.8 b6.2 b10.6 b11.1 b14.8 b10 b11.8 b


3.4 b5.2 b3.7 b1.9 b4.8 b4.9 b
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


12.5 k212.6 m119 m96 m100 m1.5 b1.6 b671 m354 m119 m127 m1.1 b

Accounts Receivable

707.4 m628 m496 m553 m838 m638 m1.3 b1.6 b2.5 b2.1 b2.4 b


56.1 m126 m91 m101 m108 m106 m291 m268 m340 m437 m403 m

Current Assets

12.5 k5.9 b6 b5 b4.8 b3.8 b7.3 b9.6 b7.5 b6 b6.3 b13.6 b
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(487 m)422 m1.1 b907 m1.2 b1.3 b2.2 b2.5 b2 b1.9 b1.8 b

Cash From Operating Activities

1.3 b2.8 b2.8 b2.9 b3 b3 b3.8 b4 b5 b5.4 b5.2 b

Dividends Paid

264.6 m530 m609 m731 m745 m730 m1.4 b1.1 b1.1 b1.3 b1.5 b

Cash From Financing Activities

454.6 m174 m(240 m)1.1 b(5.7 b)1.5 b2.7 b(3 b)(3.3 b)(1.3 b)69 m
GBPY, 2017


6.4 x


9.8 x


6 x


599.8 k


0.1 x

Financial Leverage

3.2 x
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National Grid Online and Social Media Presence

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National Grid News and Updates

National Grid relocates premises to Crossgates House in Leeds

Acting on behalf of Praxis Real Estate Management Ltd, Carter Towler has just let the fourth floor of Crossgates House to National Grid. Commenting on the deal, Carter Towler’s senior surveyor Philip Shopland-Reed, said: “National Grid is moving a significant proportion of its Leeds-based operation …

National Grid Smart Engages Aclara To Provide SMETS2 Smart Metering For Customers In The UK

CAMBRIDGE, England, Aug. 22, 2018 /PRNewswire/ -- Aclara, a leading supplier of smart infrastructure solutions (SIS) to electric, gas and water utilities, has been awarded a contract with National Grid Smart to provide the SMETS2 (smart metering equipment technical specifications: second...

Cost Comparison Of EVs & Gas Cars: New Tool from Con Edison And National Grid Show “Clearcost” Of Owning An EV

Consolidated Edison and National Grid have both rolled out new websites that help customers compare the cost of ownership between an electric car and a conventional car.

Zurich completes deal to cover £2bn of National Grid pension liabilities

Zurich has agreed a longevity swap of more than £2bn of pension liabilities from the National Grid in its Electricity Supply Pension Scheme.  The insurance agency said the transaction would protect National Grid against "risk of rising costs" that have come about from 6,000 pensioners and future …
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National Grid Company Life and Culture

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