YOLFTbeta
Drax Group PLC

Drax Group PLC

DRX · LSE · Utilities / Utilities - Renewable

865.00GBX+11.00 (+1.29%)

Price History

Full chart

Market Stats

Previous Close854.00
Open854.00
Day Range851.00 – 868.50
52-Week Range670.88 – 904.31
Volume452.16K
Market Cap2.74B
P/E (TTM)90.22
Forward P/E15.43
EPS0.09
Dividend Yield3.73%
Beta0.62
50-Day Avg771.12
200-Day Avg826.26

About

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through four segments: Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions. The company provides renewable, dispatchable power, and system support services. It is involved in production and sale of biomass pellets; generation and sale of electricity from biomass assets, pumped storage, run-of-river hydro, and OCGTs assets; and processing and sale of waste-derived pellets, as well as supply of electricity to non-domestic customers. The company owns and operates Drax Power Station located in Selby, North Yorkshire; Cruachan Power Station, a pumped storage hydro station, with an installed capacity of 440 megawatts (MW) located in Argyll and Bute; and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in south-west Scotland. In addition, it owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. Further, the company manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.

Company Details

  • SectorUtilities
  • IndustryUtilities - Renewable
  • CEOMr. Dwight Daniel Willard Gardiner
  • Employees2.97K
  • HeadquartersDrax Power Station, Selby, United Kingdom, YO8 8PH, UK
  • Websitehttps://www.drax.com

Leadership

  • Mr. Dwight Daniel Willard GardinerGroup CEO & Executive Director · b. 1964
  • Mr. Frank Hendrikus LemminkCFO & Executive Director · b. 1968
  • Mr. Lee DawesChief Operations Officer
  • Mr. Mark StraffordHead of Investor Relations
  • Ms. Hillary BergerGroup General Counsel
  • Ms. Farnaz RanjbarChief People Officer · b. 1970
  • Mr. Paul SheffieldChief Commercial Officer
  • Mr. Tim ColeHead of Customer Marketing
  • Mr. Ross McKenzieChief Corporate Affairs & Sustainability Officer
  • Hannah SteedmanChief Strategy & Transformation Officer

Financials

Income Statement

Currency: GBP2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue535.00M492.10M624.10M928.60M1.39B1.25B1.75B1.48B1.65B1.84B1.78B2.06B2.81B3.06B2.95B3.69B4.23B4.71B4.24B5.09B7.78B8.13B6.16B5.36B
Growth (%)--8.02%+26.82%+48.79%+49.36%-10.06%+40.52%-15.80%+11.70%+11.37%-3.06%+15.86%+36.03%+9.27%-3.76%+24.93%+14.76%+11.45%-9.94%+19.87%+52.82%+4.50%-24.16%-13.10%
Cost of Revenue-403.50M384.70M539.50M641.30M546.10M1.13B972.90M1.10B1.34B1.27B1.62B2.36B2.66B2.57B3.14B3.59B3.98B3.52B4.20B6.75B6.35B4.29B4.20B
Gross Profit535.00M492.10M239.40M389.10M745.70M701.30M623.20M502.90M550.50M500.80M510.90M445.10M449.80M408.80M376.40M545.00M639.40M734.30M725.70M891.20M1.02B1.78B1.88B1.15B
Gross Margin100.00%100.00%38.36%41.90%53.76%56.22%35.55%34.08%33.40%27.28%28.71%21.58%16.04%13.34%12.76%14.79%15.12%15.58%17.10%17.52%13.16%21.90%30.45%21.48%
Operating Expense1.12B584.70M184.40M34.60M87.80M229.90M159.10M329.70M271.30M134.60M307.10M390.10M255.30M332.80M172.90M662.10M579.50M648.20M603.40M694.70M772.20M871.50M1.03B620.80M
Operating Income-586.80M-92.60M55.00M354.50M657.90M471.40M464.10M173.20M279.20M366.20M203.80M55.00M194.50M76.00M203.50M-117.10M59.90M86.10M122.30M196.50M251.10M908.20M850.20M529.70M
Operating Margin-109.68%-18.82%8.81%38.18%47.43%37.79%26.48%11.74%16.94%19.95%11.45%2.67%6.93%2.48%6.90%-3.18%1.42%1.83%2.88%3.86%3.23%11.18%13.80%9.89%
EBITDA-529.50M50.40M92.60M385.90M706.20M526.50M517.50M224.00M394.10M419.60M258.00M228.30M227.90M167.90M334.70M-6.70M224.80M239.10M4.50M391.50M400.10M1.14B1.10B775.70M
EBITDA Margin-98.97%10.24%14.84%41.56%50.92%42.21%29.52%15.18%23.91%22.86%14.50%11.07%8.12%5.48%11.35%-0.18%5.32%5.07%0.11%7.69%5.15%13.99%17.89%14.48%
Net Income-654.60M-249.10M-6.50M282.40M463.50M353.00M332.90M110.90M188.40M464.60M163.80M51.40M128.70M56.30M193.90M-151.10M20.20M500.00K-194.60M55.10M85.10M562.20M526.60M73.00M
Net Income Margin-122.36%-50.62%-1.04%30.41%33.42%28.30%18.99%7.51%11.43%25.31%9.20%2.49%4.59%1.84%6.57%-4.10%0.48%0.01%-4.58%1.08%1.09%6.92%8.55%1.36%
R&D-----------------2.70M11.50M11.40M12.50M22.80M--
R&D as % of Total Revenue-----------------0.06%0.27%0.22%0.16%0.28%--
Interest Expense105.70M99.70M101.20M114.40M37.10M34.30M28.80M17.30M26.50M30.30M15.30M16.40M21.80M22.50M23.60M30.30M39.60M55.50M67.30M70.30M82.00M115.50M107.50M75.40M
Interest Expense % of Total Revenue19.76%20.26%16.22%12.32%2.67%2.75%1.64%1.17%1.61%1.65%0.86%0.80%0.78%0.73%0.80%0.82%0.94%1.18%1.59%1.38%1.05%1.42%1.74%1.41%

Balance Sheet

Currency: GBP2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.34B1.24B1.23B1.42B1.80B1.39B2.11B2.16B2.05B2.01B2.26B2.53B2.97B3.24B3.67B3.52B4.53B4.68B4.19B5.82B6.39B6.04B5.39B4.50B
Total Liabilities1.56B1.67B1.66B1.20B1.12B1.03B1.41B1.13B1.09B706.40M781.10M1.12B1.40B1.63B1.62B1.80B2.76B2.97B2.85B4.52B5.07B4.06B3.30B2.78B
Total Equity-225.10M-423.80M425.14M220.20M677.10M361.00M693.30M1.02B958.00M1.30B1.48B1.41B1.57B1.60B2.05B1.72B1.77B1.72B1.34B1.29B1.31B1.97B2.08B1.71B
Cash85.00M88.70M75.70M99.10M154.80M59.70M130.20M80.40M236.00M202.80M371.70M267.30M180.90M133.80M228.40M222.30M289.00M404.10M289.80M317.40M238.00M379.50M356.00M302.10M
Total Debt1.22B1.28B1.28B467.80M476.20M396.90M364.90M189.80M127.00M7.60M90.70M216.10M319.60M320.40M321.90M589.70M608.50M1.28B1.10B1.49B1.59B1.56B1.29B1.08B
Net Debt1.14B1.20B1.21B368.70M321.40M337.20M234.70M109.40M-109.00M-195.20M-281.00M-51.20M138.70M186.60M93.50M367.40M319.50M873.60M806.10M1.17B1.36B1.18B937.20M775.50M

Cash Flow

Currency: GBP2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-231.10M-117.20M-4.40M342.70M500.40M301.70M302.70M320.40M407.60M196.00M203.10M142.30M89.70M150.00M190.90M315.20M311.10M413.40M306.20M306.50M207.70M835.60M859.50M809.80M
Investing Cash Flow-5.20M-9.70M7.80M-19.20M-2.30M-56.70M-84.60M-159.10M-98.80M23.70M-206.00M-291.70M-220.20M-143.00M-93.20M-554.50M-133.50M-863.10M-171.30M-228.80M-180.70M-451.80M-389.90M-288.40M
Financing Cash Flow216.30M150.30M500.00K-273.20M-431.10M-340.10M-147.60M-211.10M-153.20M-252.90M171.80M45.00M44.10M-54.10M-10.90M235.30M-112.00M571.60M-249.10M-50.40M-111.90M-237.90M-491.60M-577.50M
Capital Expenditure5.20M9.70M13.70M25.00M27.00M67.80M91.40M93.10M62.30M43.80M206.00M301.70M200.10M179.10M93.20M174.70M132.60M171.40M174.40M209.70M174.70M441.10M387.50M282.00M
Free Cash Flow-236.30M-126.90M-18.10M317.70M473.40M233.90M211.30M227.30M345.30M152.20M-2.90M-159.40M-110.40M-29.10M97.70M140.50M178.50M242.00M131.80M96.80M33.00M394.50M472.00M527.80M
Dividends Paid----342.00M171.30M110.00M145.00M86.50M123.70M95.70M78.80M55.00M49.90M11.00M21.60M52.50M58.90M64.70M70.90M78.90M86.30M93.50M95.70M
FCF to OCF102.25%108.28%411.36%92.70%94.60%77.53%69.81%70.94%84.72%77.65%-1.43%-112.02%-123.08%-19.40%51.18%44.57%57.38%58.54%43.04%31.58%15.89%47.21%54.92%65.18%
Dividend Paid to FCF----72.24%73.24%52.06%63.79%25.05%81.27%-3300.00%-49.44%-49.82%-171.48%11.26%15.37%29.41%24.34%49.09%73.24%239.09%21.88%19.81%18.13%

Earnings

Report DateJul 24, 2013Feb 18, 2014Jul 29, 2014Feb 24, 2015Jul 28, 2015Feb 23, 2016Jul 26, 2016Feb 16, 2017Jul 19, 2017Feb 27, 2018May 30, 2018Jul 24, 2018Nov 28, 2018Feb 26, 2019May 29, 2019Jul 24, 2019Nov 19, 2019Feb 27, 2020Jun 3, 2020Jul 29, 2020Dec 2, 2020Feb 25, 2021Jun 2, 2021Jul 29, 2021Dec 1, 2021Feb 24, 2022Apr 27, 2022Jul 26, 2022Nov 30, 2022Feb 23, 2023Apr 26, 2023Jul 27, 2023Nov 29, 2023Mar 28, 2025Jul 31, 2025Feb 26, 2026
EPS Estimate13.609.1310.089.817.630.00-0.600.004.200.000.003.900.006.900.00-1.000.0030.000.0010.100.00-0.0017.500.00-0.0016.200.00-0.000.000.000.00--
EPS Actual0.800.000.000.000.000.040.360.11-0.17-0.200.00-0.010.000.060.000.010.00-0.010.00-0.140.00-0.490.00-0.020.000.150.000.360.00-0.160.000.000.000.480.640.61
Surprise-94.12%-100.00%-100.00%-100.00%-100.00%-160.00%--104.05%---100.26%--99.13%-101.00%--100.03%--101.39%----100.11%----97.78%--------
Timing-------------------------Pre-market-Pre-market-Pre-market-Pre-market--Pre-marketPre-market

Key Statistics & Ratios

Market Cap2.74B
Enterprise Value3.78B
Trailing P/E90.22
Forward P/E15.43
PEG Ratio0.91
Price / Sales0.52
Price / Book1.59
EPS0.09
Book Value5.16
Revenue (TTM)5.22B
Gross Profit (TTM)1.27B
EBITDA755.00M
Profit Margin0.36%
Operating Margin10.79%
Return on Equity0.82%
Return on Assets7.05%
Shares Outstanding336.86M
Shares Float333.36M
Beta0.62
Dividend Yield3.73%
Dividend Rate0.30
Payout Ratio49.82%

Dividends

20262×
0.13Sep 24, 20260.17Apr 23, 2026
20252×
0.12Sep 25, 20250.16Apr 24, 2025
20242×
0.10Sep 19, 20240.14Apr 18, 2024
20232×
0.09Aug 24, 20230.13Apr 20, 2023
20222×
0.08Aug 25, 20220.11Apr 28, 2022
20212×
0.07Aug 26, 20210.10Apr 22, 2021
20202×
0.07Aug 20, 20200.10Apr 23, 2020
20192×
0.06Sep 19, 20190.09Apr 18, 2019
20182×
0.06Sep 20, 20180.07Apr 19, 2018
20172×
0.05Sep 21, 20170.00Apr 20, 2017
20162×
0.02Sep 22, 20160.01Apr 21, 2016
20152×
0.05Sep 24, 20150.07Apr 23, 2015

Stock Splits

  • Apr 30, 200764:67
  • Oct 9, 200629:32