National Grid

National Grid is one of the world's largest utilities, focused on delivering energy safely, efficiently, reliably and responsibly. National Grid (LSE: NG.; NYSE:NGG) is an international electricity and gas company and one of the largest investor-owned energy companies in the world. We play a vital role in delivering gas and electricity to many millions of people across Great Britain and northeastern US in an efficient, reliable and safe manner. We are committed to safeguarding our global environment for future generations and providing all our customers with the highest standards of service through investment in our networks and through our talented, diverse workforce. National Grid owns the high-voltage electricity transmission network in England and Wales and operates the system across Great Britain. It also owns and operates the high pressure gas transmission system in Britain and its distribution business delivers gas to 11 million homes and businesses. In the US, National Grid distributes electricity to nearly five million customers in Massachusetts, New Hampshire, New York and Rhode Island. Owning 4,160 megawatts of electricity generation, it is the largest power producer in New York State supplying power to over one million customers on Long Island. It is also the largest distributor of natural gas in the northeastern US, delivering gas to 3.4 million customers in New York, Massachusetts, New Hampshire and Rhode Island. National Grid also has a number of related businesses such as LNG importation and storage, land remediation and metering.
Type
Public
HQ
Warwickshire, GB
Founded
1990
Size (employees)
25,068 (est)+4%
National Grid was founded in 1990 and is headquartered in Warwickshire, GB

National Grid Office Locations

National Grid has offices in Warwickshire, Essex, Hertfordshire, Coventry and in 43 other locations
Warwickshire, GB (HQ)
Warwick Technology Park Gallows Hill
Sindlesham, GB
St. Catherines Lodge Bearwood Road Wokingham Berkshire
Solihull, GB
Homer Rd
Leeds, GB
1100 Century Way Thorpe Park
Isle of Grain, GB
Rochester Kent
Eakring, GB
Kirklington Rd Albermarle Cottages
Show all (47)

National Grid Data and Metrics

National Grid Financial Metrics

National Grid's revenue was reported to be £15.1 b in FY, 2016 which is a 1% decrease from the previous period.
GBP

Revenue (FY, 2016)

15.1 b

Revenue growth (FY, 2015 - FY, 2016), %

(1%)

Net income (FY, 2016)

2.6 b

Market capitalization (24-Jul-2017)

32.2 b

Closing share price (24-Jul-2017)

9.5

Cash (31-Mar-2016)

127 m
National Grid's current market capitalization is £32.2 b.
GBPFY, 2014FY, 2015FY, 2016

Revenue

14.8 b15.2 b15.1 b

Revenue growth, %

3%(1%)

Pre tax profit

2.7 b2.6 b3 b

Net Income

2.5 b2 b2.6 b
GBPFY, 2014FY, 2015FY, 2016

Cash

354 m119 m127 m

Accounts Receivable

1.6 b2.5 b2.1 b

Current Assets

7.5 b6 b6.3 b

PP&E

39.6 b43.1 b46.4 b

Goodwill

5.3 b5.9 b6.2 b

Total Assets

52.4 b55.1 b58.9 b

Accounts Payable

1.9 b2.1 b2 b

Current Liabilities

7.3 b7.4 b7.7 b

Total Liabilities

40.5 b43.1 b45.4 b

Retained Earnings

1.4 b960 m1.3 b

Total Equity

11.9 b12 b13.6 b

Financial Leverage

4.4 x4.6 x4.3 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

4 b5 b5.4 b

Cash From Financing Activities

(3 b)(3.3 b)(1.3 b)

Income Taxes Paid

(284 m)(617 m)(438 m)
GBPY, 2016

Revenue/Employee

622.7 k

Financial Leverage

4.3 x

National Grid Market Value History

National Grid Job Categories

National Grid Median Salaries

Source: 58 public H-1B filings from National Grid

Traffic Overview of National Grid

National Grid Online and Social Media Presence

National Grid News and Updates

Jeremy Corbyn targets 1.3m Brits for tax hike

Labour leader Jeremy Corbyn yesterday pledged to hike taxes for 1.3m Brits earning more than £80,000, as he attempts to find the funds for a £50bn spending spree. Launching Labour’s manifesto, Corbyn put the City’s employers and high earners squarely in the party’s crosshairs, pledging to crack d…

The numbers behind Jeremy Corbyn's plans to raise £48.6bn in taxes

Jeremy Corbyn's Labour party has finally revealed its full plans to dramatically hike tax revenues in government by almost £50bn, including a 50 per cent top rate on income tax. Labour has committed to a wide-ranging plan of tax increases, as well as a nationalisation programme expected to take i…

Labour confirms plans for a new 50p tax rate in manifesto launch

Labour has confirmed that it will bid to introduce a 50p top tax of income tax at its manifesto launch in Bradford today. Jeremy Corbyn's is promising to embark on a programme of eye-watering tax increases for the UK's professional classes. Earners taking home more than £80,000 will see their …

DeepMind is under fire over its patient data sharing deal with the NHS

DeepMind, the British artificial intelligence company owned by Google, and the NHS have been accused of sharing data inappropriately by one of the country's top data watchdogs. An agreement between the tech company and the Royal Free NHS Trust to share data in order to trial an app that can help …

Never mind the '70s, Corbyn will take us back to the 1940s

Labour's plan to radically expand the role of the state, revealed in its leaked draft manifesto yesterday, would result in a level of government intervention not seen since the 1940s and cause public spending to balloon by tens of billions of pounds a year. Paul Johnson, one of the most respected…

How DeepMind's laying foundations for artificial intelligence in the NHS

DeepMind's work with the NHS to help alert doctors to patients whose health is at risk is laying the groundwork for delivering information that one day will be powered by artificial intelligence. The Google-owned British pioneer is working with the Royal Free London NHS Trust on a smartphone app …
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National Grid Company Life and Culture

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