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Utilities · Multi-Utilities · LSE · 🇬🇧 United Kingdom

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1,255.50p

+0.48%

Close of 9 Nov 2026, in pence

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in GBP, from our data supplier.

FY2026

Revenue

£17.69bn

FY2017FY2026

Net income

£3.24bn

FY2017FY2026

Free cash flow

−£3.76bn

FY2017FY2026

Shareholders' equity

£39.30bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue£17.69bn£18.38bn£19.85bn£21.66bn£18.45bn£13.66bn£13.36bn£14.93bn£15.25bn£15.04bn
Research and development—£43.0m£32.0m£23.0m£11.0m£12.0m£9.0m£19.0m£13.0m£14.0m
Operating income£5.78bn£4.93bn£4.47bn£4.88bn£4.37bn£2.40bn£2.28bn£2.87bn£3.49bn£3.21bn
Net income£3.24bn£2.90bn£2.29bn£7.80bn£2.35bn£1.64bn£1.26bn£1.51bn£3.55bn£7.79bn
Diluted earnings per share0.650.590.501.940.590.450.360.420.972.42

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets£108.28bn£106.74bn£98.33bn£92.70bn£94.86bn£67.22bn£67.09bn£62.96bn£58.79bn£65.84bn
Cash and short-term investments£2.83bn£6.93bn£4.25bn£2.77bn£3.35bn£2.50bn£2.07bn£2.23bn£3.02bn£9.88bn
Total liabilities£68.95bn£68.92bn£68.43bn£63.13bn£71.00bn£47.36bn£47.51bn£43.59bn£39.94bn£45.46bn
Debt£46.76bn£48.36bn£47.07bn£42.98bn£45.47bn£31.22bn£30.79bn£28.73bn£26.63bn£28.64bn
Shareholders' equity£39.30bn£37.80bn£29.87bn£29.54bn£23.83bn£19.84bn£19.56bn£19.35bn£18.83bn£20.37bn
Shares outstanding4,976m4,950m4,547m4,026m3,991m3,617m3,520m3,573m3,645m3,215m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations£6.23bn£6.81bn£6.94bn£6.90bn£6.27bn£4.46bn£4.62bn£4.32bn£4.50bn£5.23bn
Capital spending−£9.99bn−£8.78bn−£6.90bn−£6.89bn−£5.54bn−£4.79bn−£4.90bn−£3.94bn−£3.91bn−£3.52bn
Free cash flow−£3.76bn−£1.97bn£35.0m£6.0m£728.0m−£327.0m−£282.0m£377.0m£592.0m£1.71bn
Dividends paid−£1.62bn−£1.53bn−£1.72bn−£1.61bn−£922.0m−£1.41bn−£892.0m−£1.16bn−£4.49bn−£1.46bn

Latest quarters

By quarter end

Mar 2026Sept 2025Mar 2025Sept 2024Mar 2024Sept 2023Jun 2023Mar 2023
Revenue£10.62bn£7.07bn£10.42bn£7.96bn£11.36bn£8.49bn£4.24bn£12.21bn
Operating income£4.14bn£1.53bn£3.63bn£1.31bn£2.49bn£1.99bn£605.0m£2.64bn
Net income£2.62bn£617.0m£2.25bn£647.0m£1.16bn£1.13bn£532.0m£6.54bn
Diluted earnings per share0.530.120.460.140.260.280.141.62
Cash from operations£3.41bn£3.66bn£4.24bn£2.45bn£4.05bn£2.86bn—£4.38bn
Capital spending−£5.54bn−£4.70bn−£5.08bn−£4.23bn−£3.97bn−£3.48bn—−£3.41bn
Free cash flow−£2.13bn−£1.05bn−£839.0m−£1.78bn£74.0m−£618.0m—£974.0m
Total assets£108.28bn£103.76bn£106.74bn£101.85bn£98.33bn£94.25bn£94.25bn£92.70bn
Cash and short-term investments£2.83bn£4.06bn£6.93bn£7.26bn£4.25bn£1.91bn£1.91bn£2.77bn
Debt£46.01bn£3.62bn£46.83bn£2.70bn£46.41bn£2.69bn£43.22bn£42.46bn
Shareholders' equity£39.30bn£37.19bn£37.80bn£35.84bn£29.87bn£29.45bn£29.48bn£29.54bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-6.5%5.3%3.0%
Operating income5.8%19.2%6.0%
Net income-25.4%14.6%2.3%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin29.7%25.9%24.5%23.1%
Net margin17.0%20.9%18.4%20.4%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings19.119.518.95.516.923.424.122.37.83.6
Price to sales3.53.12.22.02.22.82.32.31.81.9

Dividends and splits

Per share, in the currency the company pays

Paid for 30 years. Last went ex-dividend on 28 May 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year0.3210.1640.4670.570.5240.510.4920.486
  • 12-to-11 reverse split · 22 May 2017
  • 1.002-for-1 split · 1 Aug 2005
  • 1-to-1 reverse split · 21 Oct 2002
  • 1-to-1 reverse split · 31 Jan 2002
  • 1-to-1 reverse split · 9 Feb 1998

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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