National Grid

OverviewSuggest Edit

National Grid is an international electricity and gas company. It transmits and distributes electricity and natural gas. The Company owns and operates electricity and gas transmission networks in Great Britain. In addition, it jointly owns and operates transmission facilities, 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.
TypePublic
Founded1990
HQLondon, GB
Websitenationalgrid.com

Latest Updates

Employees (est.) (Feb 2019)23,023
Job Openings417
Revenue (FY, 2018)£15.2 B(+2%)

Key People/Management at National Grid

John Pettigrew

John Pettigrew

CEO
Nicola Shaw

Nicola Shaw

Executive Director, UK
Dean Seavers

Dean Seavers

Executive Director, US
Andy Agg

Andy Agg

CFO
Badar Khan

Badar Khan

Group Director Corporate Development and National Grid Ventures
Alison Kay

Alison Kay

Group General Counsel and Company Secretary
Show more

National Grid Office Locations

National Grid has offices in London, Wokingham, Essex, Oxfordshire and in 42 other locations
London, GB (HQ)
1 - 3 Strand
Derby, GB
Osprey House 5 Hunter Road Castle Donington
Eakring, GB
Kirklington Rd
Eakring, GB
Kirklington Rd Albermarle Cottages
Failsworth, GB
Mersey Rd N
Hertfordshire, GB
Cadwell Lane Hitchin
Show all (47)

National Grid Financials and Metrics

National Grid Revenue

National Grid's revenue was reported to be £15.25 b in FY, 2018
GBP

Revenue (FY, 2018)

15.2b

Net income (FY, 2018)

3.6b

EBITDA (FY, 2018)

5.0b

EBIT (FY, 2018)

3.5b

Cash (31-Mar-2018)

329.0m

EV

32.9b
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

4.4b9.4b9.0b8.5b9.2b8.7b14.4b14.8b15.2b13.2b15.0b15.2b

Revenue growth, %

3%(1%)

Operating expense total

3.9b7.8b6.9b6.7b6.8b6.2b10.6b11.1b14.8b10.0b11.8b11.8b

EBITDA

3.4b5.2b3.7b1.9b4.8b4.9b5.0b
GBPFY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

12.5k212.6m119.0m96.0m100.0m1.5b1.6b671.0m354.0m119.0m127.0m1.1b329.0m

Accounts Receivable

707.4m628.0m496.0m553.0m838.0m638.0m1.3b1.6b2.5b2.1b2.4b2.5b

Inventories

56.1m126.0m91.0m101.0m108.0m106.0m291.0m268.0m340.0m437.0m403.0m341.0m

Current Assets

12.5k5.9b6.0b5.0b4.8b3.8b7.3b9.6b7.5b6.0b6.3b13.6b6.7b
GBPFY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(487.0m)422.0m1.1b907.0m1.2b1.3b2.2b2.5b2.0b1.9b1.8b3.6b

Cash From Operating Activities

1.3b2.8b2.8b2.9b3.0b3.0b3.8b4.0b5.0b5.4b5.2b4.5b

Dividends Paid

264.6m530.0m609.0m731.0m745.0m730.0m1.4b1.1b1.1b1.3b1.5b4.5b

Cash From Financing Activities

454.6m174.0m(240.0m)1.1b(5.7b)1.5b2.7b(3.0b)(3.3b)(1.3b)69.0m(7.5b)
GBPY, 2018

EV/EBITDA

6.5 x

EV/EBIT

9.4 x

EV/CFO

7.3 x

Revenue/Employee

689.0k

Debt/Equity

0.1 x

Financial Leverage

3.1 x
Show all financial metrics

National Grid Online and Social Media Presence

Embed Graph

National Grid News and Updates

National Grid calls for security review after massive August power cut

National Grid has concluded that the energy network’s security standards need reviewing following the August power cut which plunged nearly [...] The post National Grid calls for security review following massive August power cut appeared first on CityAM.

What was behind Friday’s National Grid outage? Network theory, not conspiracy

National Grid is getting a kicking in the aftermath of last Friday’s electricity blackout. Potential explanations swirl around both social [...] The post What was behind Friday’s National Grid outage? Network theory, not conspiracy appeared first on CityAM.

Museum of Science, Boston Announces STEM Access Fund Sponsored by National Grid

National Grid’s $100,000 Gift Provides Schools and Community Organizations Opportunity to Take Part in Museum’s STEM Education Programs.read more

National Grid and Energinet name suppliers for UKs first ever power cable to Denmark

Viking Link has the capacity to power one and a half million UK homes. Construction expected to be completed by end of 2023.read more

OFSTED Chief Inspector visits National Grid Training site as company receives Outstanding three times in a row

On Thursday 13th June, 2019, National Grid hosted a visit by Her Majesty’s OFSTED Chief Inspector (HMCI) Amanda Spielman to their Eakring Learning Centre. The visit gave National Grid the opportunity to share how they are using apprenticeships to invest in the skills of its future workforce and in t…

Multi-national energy utility company National Grid selects Atos to power up digital services

Atos, a global leader in digital transformation, has signed a multi-year $150 million USD contract to deliver Digital Managed Workplace Services for National Grid’s core business, spanning the UK and northeastern United States.read more
Show more

National Grid Frequently Asked Questions

  • When was National Grid founded?

    National Grid was founded in 1990.

  • Who are National Grid key executives?

    National Grid's key executives are John Pettigrew, Nicola Shaw and Dean Seavers.

  • How many employees does National Grid have?

    National Grid has 23,023 employees.

  • What is National Grid revenue?

    Latest National Grid annual revenue is £15.2 b.

  • What is National Grid revenue per employee?

    Latest National Grid revenue per employee is £662.4 k.

  • Who are National Grid competitors?

    Competitors of National Grid include Exelon, ENGIE and PPL Corporation.

  • Where is National Grid headquarters?

    National Grid headquarters is located at 1 - 3 Strand, London.

  • Where are National Grid offices?

    National Grid has offices in London, Wokingham, Essex, Oxfordshire and in 42 other locations.

  • How many offices does National Grid have?

    National Grid has 47 offices.