SSE plc

2,649pAs of Sun 8 Nov 2026, 12:00 UTC

LSE:SSEUtilities

Ctry United Kingdom

PE (Fwd) •••

TSR 10Y CAGR 10.97%

Div yield 2.59%

ROE 9.70%

Utilities (Diversified)

Beta (5Y) 0.53

PE TTM 25.13

TSR TTM 42.26%

Mkt cap £32.15B

ROIC 5.13%

SE Grade™

Value

Quality

Moat

Consensus

Reference

2,990p

12.89%

(47.00%)

Hold 6|12|4|5|5

TTM

FYE 31 Mar GBP

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

1.351

Revenue£B

2.788

3.063

3.299

3.578

3.871

4.117

4.411

4.792

5.155

5.540

1.419

7.44%

7.77%

29.60

Revenue growth%

22.23

19.75

21.33

23.04

22.54

20.42

18.25

18.98

20.97

23.36

26.88

20.42

21.15

7.80

Gross margin%

25.61

26.72

25.49

24.69

26.32

26.97

29.36

27.26

29.28

27.64

6.04

27.64

26.84

2.60

Operating margin%

18.14

17.33

17.92

19.86

19.14

19.92

17.39

15.68

17.69

19.30

12.47

17.69

18.03

15.90

Net margin%

8.84

10.99

9.29

12.08

14.97

14.25

12.01

13.89

15.35

12.98

15.48

13.89

12.53

14.11

P/E ratio (avg)x

12.19

13.73

13.94

15.37

16.78

16.10

16.93

17.82

18.64

17.07

32.09

17.07

16.44

20.00

EV/EBITx

42.71

47.95

55.51

58.15

65.71

73.07

78.73

80.20

93.95

95.27

27.37

80.20

69.39

17.54

FCF yield (avg)%

8.30

5.61

6.05

4.42

3.21

5.61

3.04

4.67

2.54

1.08

9.95

3.04

4.54

28.47

FCF margin%

17.78

14.86

13.30

11.86

9.93

12.79

9.97

9.74

12.67

14.02

6.06

12.67

12.73

1.218

FCF / Net incomex

2.141

2.194

2.625

3.086

3.329

3.480

4.083

4.790

5.709

6.430

1.182

4.790

3.405

22.10

ROIC%

23.01

21.20

20.52

18.11

20.72

23.42

23.45

21.97

22.45

25.06

16.12

23.42

22.21

26.81

Return on equity%

13.82

12.68

12.62

13.14

11.84

9.68

9.80

7.52

7.40

4.69

13.75

7.52

10.82

14.27

Return on assets%

29.20

29.23

29.12

27.95

27.04

29.30

27.71

26.42

27.42

24.70

12.75

27.42

27.83

2.94

EPS£

1.18

1.12

1.07

0.94

1.00

0.92

0.81

0.76

0.82

0.83

3.28

(3.55%)

(2.78%)

—

19.65

EPS growth%

16.91

16.02

15.75

14.79

15.84

12.90

11.34

10.33

8.35

7.74

26.86

10.33

13.84

3.30

Bookvalue per sh£

0.59

0.65

0.62

0.65

0.66

0.72

0.70

0.67

0.75

0.84

1.87

4.80%

2.87%

—

1.08

FCF per share£

2.63

2.47

2.59

2.94

3.04

2.90

2.76

2.82

3.20

3.63

1.24

3.60%

4.01%

—

2.29

Dividend per sh£

0.51

0.50

0.55

0.50

0.48

0.49

0.54

0.53

0.51

1.28

0.28%

(0.57%)

—

8.34

Div yield (avg)%

22.22

22.50

21.97

22.23

23.92

25.05

22.92

25.40

23.17

21.72

27.44

23.17

22.71

28.05

Payout ratio%

0.40

1.39

0.52

0.40

3.04

1.19

0.40

2.53

1.80

14.34

1.80

0.86

1.213

Shares (diluted)B

1.590

1.853

1.835

2.064

2.404

2.660

2.650

2.616

3.073

3.455

1.244

7.52%

7.99%

4.99

Buyback yield%

11.04

13.69

14.41

14.23

11.97

13.69

11.91

11.62

11.57

10.52

13.82

11.62

11.94

0.946

D/E ratiox

0.838

0.777

0.751

0.670

0.726

0.724

0.702

0.775

0.805

0.854

0.791

0.775

0.763

2.086

Enterprise value£B

1.593

1.397

1.534

1.577

1.429

1.376

1.268

1.322

1.194

1.155

3.123

(4.17%)

(3.54%)

1.184

LT debt£B

5.141

6.209

6.038

6.083

6.513

6.968

6.911

7.746

8.119

9.727

0.332

8.35%

6.96%

Peers (US$43.26B)

Cap (US$)

National Grid plc

84.51B

15.76x

United Utilities Group…

15.42B

17.98x

TORM plc

3.558B

4.870x

RWE Aktiengesellschaft

45.99B

12.76x

Capital

TTM

10Y

Leveragex

0.972

(0.022)

(0.019)

EBIT/Intx

5.355

0.804

0.828

Own earn%

31.76

38.84

32.21

Sh yield%

13.33

34.83

36.04

Owners

Insiders/Inst%

8.01

62.14

Short interest%

1.30

SBC / revenue%

4.86

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

16–20

$1 testx

−0.3

Incr. ROIC%

SSE plc, a diversified energy firm established in 1989 and based in Perth, United Kingdom, is deeply involved in all facets of the electricity sector. Its operations span from power generation, utilizing a mix of sources such as hydroelectric, natural gas, coal, oil, and multi-fuel technologies, to the transmission, distribution, and supply of electricity.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

£5.540B

7.77%

1.00×

Cost of revenue

£3.563B

7.63%

0.99×

Operating expenses

£1.011B

8.06%

1.03×