Centrica PLC (GB:CNA)
LSE:CNA
Top Page
Centrica
(LSE:CNA)
Select Model
Select Model
Rating:59Neutral
Price Target:
218.00 p
▲(7.97% Upside)
Action:ReiteratedDate:02/21/26
Overall score is driven primarily by mid-tier financial performance: strong revenue momentum and consistently positive free cash flow are offset by volatile bottom-line results (net loss in 2025) and a balance sheet that remains only moderately stable. Technicals are mildly supportive with the stock holding above key longer-term moving averages and neutral momentum. Valuation is reasonable with a moderate P/E and dividend yield.
Positive Factors
Accelerating Revenue Growth
Sustained and accelerating top-line growth indicates stronger market demand and effective customer retention/price management across retail and services. Over 2–6 months this supports scale economics, higher operating leverage, and greater optionality to invest in services and decarbonisation offerings.
Negative Factors
Earnings Volatility and 2025 Net Loss
Intermittent net losses undermine earnings predictability and suggest exposure to commodity price swings, hedging gaps or one-off items. Over months this complicates capital allocation, increases investor uncertainty, and can limit reinvestment or dividend consistency despite positive operating cash flow.
Read all positive and negative factors
Positive Factors
Negative Factors
Accelerating Revenue Growth
Sustained and accelerating top-line growth indicates stronger market demand and effective customer retention/price management across retail and services. Over 2–6 months this supports scale economics, higher operating leverage, and greater optionality to invest in services and decarbonisation offerings.
Read all positive factors
Centrica (CNA) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£9.12B
Dividend Yield2.86%
Average Volume (3M)20.81M
Price to Earnings (P/E)―
Beta (1Y)0.86
Revenue Growth-4.82%
EPS Growth-123.58%
CountryUK
Employees21,038
SectorUtilities
Sector Strength65
IndustryIndependent Power Producers
Share Statistics
EPS (TTM)0.04
Shares Outstanding4,605,042,500
10 Day Avg. Volume17,197,652
30 Day Avg. Volume20,808,888
Financial Highlights & Ratios
PEG Ratio1.07
Price to Book (P/B)2.63
Price to Sales (P/S)0.42
P/FCF Ratio25.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£225.00Price Target Upside11.44% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)0.12
Revenue Forecast (FY)£21.63B
Centrica Business Overview & Revenue Model
Company Description
Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord ...
How the Company Makes Money
Centrica makes money primarily through a combination of (1) retail energy supply margins, (2) service and solutions fees, and (3) upstream/market activities (production, generation, trading and optimization). (1) Retail energy supply: Centrica sel...
Centrica Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
52
Neutral
Cash Flow
60
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 19.49B | 19.91B | 26.46B | 23.74B | 14.74B |
| Gross Profit | 7.54B | 4.09B | -1.70B | 9.75B | 1.41B |
| EBITDA | 5.53B | 2.42B | 7.30B | 410.00M | 721.00M |
| Net Income | -72.00M | 1.33B | 3.93B | -782.00M | 586.00M |
Balance Sheet | |||||
| Total Assets | 15.41B | 18.73B | 21.37B | 29.04B | 27.09B |
| Cash, Cash Equivalents and Short-Term Investments | 4.31B | 6.22B | 6.85B | 4.84B | 5.06B |
| Total Debt | 3.05B | 3.51B | 4.10B | 3.96B | 4.58B |
| Total Liabilities | 11.92B | 13.92B | 17.13B | 27.76B | 24.34B |
| Stockholders Equity | 3.08B | 4.42B | 3.88B | 1.02B | 2.37B |
Cash Flow | |||||
| Free Cash Flow | 322.00M | 733.00M | 2.42B | 943.00M | 1.19B |
| Operating Cash Flow | 876.00M | 1.15B | 2.75B | 1.31B | 1.61B |
| Investing Cash Flow | -1.05B | 493.00M | 115.00M | -566.00M | 2.26B |
| Financing Cash Flow | -1.22B | -1.55B | -1.41B | -917.00M | -938.00M |
Centrica Technical Analysis
Positive
201.90
Price Trends
194.61
Positive
182.69
Positive
173.26
Positive
Market Momentum
2.46
Positive
53.90
Neutral
40.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CNA, the sentiment is Positive. The current price of 201.9 is above the 20-day moving average (MA) of 201.10, above the 50-day MA of 194.61, and above the 200-day MA of 173.26, indicating a bullish trend. The MACD of 2.46 indicates Positive momentum. The RSI at 53.90 is Neutral, neither overbought nor oversold. The STOCH value of 40.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CNA.
Centrica Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £61.47B | 21.31 | 7.66% | 4.15% | -9.52% | 35.74% | |
74 Outperform | £29.92B | 16.49 | 7.09% | 2.98% | 1.78% | -50.72% | |
69 Neutral | £2.88B | 0.40 | 3.94% | 2.78% | -19.04% | -34.52% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
63 Neutral | £1.00B | 21.07 | 27.40% | 7.01% | 1.71% | -12.49% | |
59 Neutral | £9.12B | -112.68 | 1.68% | 2.86% | -4.82% | -123.58% | |
58 Neutral | £20.24M | -1.05 | -68.06% | ― | -60.76% | -230.39% |
* Utilities Sector Average
GB:CNA
Centrica
201.90
56.93
39.27%
GB:AMP
SIMEC Atlantis Energy
2.80
0.55
24.44%
GB:DRX
Drax Group plc
855.50
295.25
52.70%
GB:SSE
SSE
2,482.00
938.82
60.84%
GB:TEP
Telecom Plus
1,256.00
-389.98
-23.69%
GB:NG
National Grid
1,236.50
269.96
27.93%
Centrica Corporate Events
Business Operations and StrategyExecutive/Board Changes
Centrica Executives Receive Shares Under All-Employee Incentive Plan
Positive
Mar 23, 2026
Centrica has disclosed that executive directors Chris O’Shea and Russell O’Brien have each received an allocation of 385 ordinary shares under the company’s all-employee Share Incentive Plan. The awards, made as part of a Free Sh...
Executive/Board ChangesRegulatory Filings and Compliance
Centrica Executives Retain Shares After Incentive Awards Vest
Neutral
Mar 23, 2026
Centrica has disclosed a series of share transactions involving chief executive Chris O’Shea and fellow executive director Russell O’Brien, following the release and vesting of awards granted under the company’s Annual Incentive ...
Executive/Board Changes
Centrica grants long-term share awards and deferred incentive shares to top executives
Neutral
Mar 23, 2026
Centrica has granted new Restricted Share Plan awards to executive directors Chris O’Shea and Russell O’Brien under its Long Term Incentive Plan, with the number of shares determined using an average price of £2.086 and subject to...
Regulatory Filings and Compliance
Centrica Executives Acquire Shares Under Incentive Plan
Neutral
Mar 11, 2026
Centrica has disclosed that executive directors Christopher O’Shea and Russell O’Brien each acquired ordinary shares under the company’s Share Incentive Plan, administered by Equiniti. The transactions, involving small purchases ...
Regulatory Filings and Compliance
Centrica Updates Market on Total Voting Rights and Share Capital
Neutral
Mar 2, 2026
Centrica has reported that, as of 28 February 2026, its issued share capital totals 5,064,902,964 ordinary shares, of which 459,860,617 are held in treasury. This leaves 4,605,042,347 shares in circulation carrying one vote each, a key reference f...
Other
Centrica Directors Increase Holdings Through Share Purchase Agreements
Positive
Feb 25, 2026
Centrica has disclosed that non-executive directors Frank Mastiaux and Sue Whalley have acquired ordinary shares in the company under their existing share purchase agreements. The transactions, executed on 25 February 2026 on the London Stock Exch...
Financial DisclosuresRegulatory Filings and Compliance
Centrica Files 2025 Annual Report and Confirms Full Regulatory Disclosures
Positive
Feb 19, 2026
Centrica has published its 2025 Annual Report for the year ended 31 December 2025 on its website and submitted the document to the UK Financial Conduct Authority’s National Storage Mechanism for public inspection. The report contains the ful...
Executive/Board Changes
Centrica Announces Board Succession as Remuneration Chair to Step Down
Neutral
Feb 19, 2026
Centrica has announced that Non-Executive Director Carol Arrowsmith, who also chairs the Remuneration Committee, will step down from the board at the conclusion of the company’s 2026 AGM on 7 May, after nearly six years of service. The board...
DividendsFinancial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
Centrica Lifts 2025 Dividend as Preliminary Results Released
Positive
Feb 19, 2026
Centrica has published its preliminary results for the year ended 31 December 2025 and made the full report available via its website and the UK financial regulator’s National Storage Mechanism. The company will present these 2025 preliminar...
Regulatory Filings and Compliance
Centrica Executives Add Shares Through Incentive Plan
Positive
Feb 11, 2026
Centrica has disclosed that executive directors Christopher O’Shea and Russell O’Brien have each acquired ordinary shares in the company through its Share Incentive Plan. The purchases, administered by Equiniti Share Plan Trustees, inv...
Business Operations and StrategyM&A Transactions
Centrica Raises Over £80m From Sale of European Energy Solutions Units
Positive
Feb 9, 2026
Centrica has completed the sale of its non-core European energy solutions businesses in Italy, the Netherlands and Hungary, as well as its Panoramic Power unit, generating proceeds of more than £80 million. The Italian and Dutch operations ha...
Regulatory Filings and Compliance
Centrica Confirms Total Voting Rights and Share Capital Structure
Neutral
Feb 2, 2026
Centrica plc has confirmed that as of 31 January 2026 its issued share capital totals 5,064,902,964 ordinary shares, of which 460,040,495 are held in treasury. This leaves 4,604,862,469 shares in circulation carrying one vote per share, a figure t...
Other
Centrica Non-Executive Directors Increase Holdings Through Share Purchase Agreements
Positive
Jan 26, 2026
Centrica has disclosed that non-executive directors Philippe Boisseau and Sue Whalley have acquired ordinary shares in the company through pre-agreed Share Purchase Agreements executed via Equiniti Financial Services. On 26 January 2026, Boisseau ...
Regulatory Filings and Compliance
Centrica Executives Acquire Shares Under Company Incentive Plan
Neutral
Jan 13, 2026
Centrica has disclosed that executive directors Christopher O’Shea and Russell O’Brien have each acquired ordinary shares under the company’s Share Incentive Plan, in line with regulatory requirements for reporting transactions b...
Business Operations and StrategyStock Buyback
Centrica Completes £500m Extension of Share Buyback Programme
Positive
Jan 13, 2026
Centrica has completed the £500 million extension of its share buyback programme, part of a wider capital return initiative launched in November 2022 that has seen the company repurchase about £2.0 billion of its ordinary shares, equival...
Business Operations and StrategyStock Buyback
Centrica Adds to Buyback, Lifting Treasury Stock to 460 Million Shares
Positive
Jan 12, 2026
Centrica plc has continued executing the second tranche of its share buyback programme, repurchasing 201,235 ordinary shares on 9 January 2026 at a volume-weighted average price of 178.9655 pence per share via J.P. Morgan Securities. Since the sta...
Business Operations and StrategyStock Buyback
Centrica Extends Share Buyback With Fresh £1.9m Treasury Purchase
Positive
Jan 12, 2026
Centrica has continued executing the second tranche of its share buyback programme, repurchasing 1,058,825 ordinary shares on 9 January 2026 at a volume-weighted average price of 180.4105 pence per share via J.P. Morgan Securities, with the shares...
Business Operations and StrategyStock Buyback
Centrica Adds to Treasury Stock as Share Buyback Tops 146 Million Shares
Positive
Jan 9, 2026
Centrica plc has continued executing the second tranche of its share buyback programme, repurchasing 1,098,671 ordinary shares on 8 January 2026 at a volume-weighted average price of 176.5799 pence per share via J.P. Morgan Securities, with the sh...
Business Operations and StrategyStock Buyback
Centrica Expands Treasury Stock with Latest Share Buyback
Positive
Jan 8, 2026
Centrica has continued the second tranche of its share buyback programme by repurchasing 1,088,950 ordinary shares on 7 January 2026 at a volume-weighted average price of 176.5194 pence per share, with the shares to be held in treasury. Since laun...
Business Operations and StrategyStock Buyback
Centrica Expands Share Buyback, Adds Over 1 Million Shares to Treasury
Positive
Jan 7, 2026
Centrica plc has continued the second tranche of its share buyback programme, repurchasing 1,097,563 ordinary shares on 6 January 2026 at a volume-weighted average price of 175.4889 pence per share through J.P. Morgan Securities, with the shares t...
Business Operations and StrategyStock Buyback
Centrica Continues Share Buyback, Lifts Treasury Holdings Above 456 Million Shares
Positive
Jan 6, 2026
Centrica plc has continued execution of its share buyback programme, repurchasing 1,121,853 ordinary shares on 5 January 2026 at a volume-weighted average price of 172.9334 pence per share through J.P. Morgan Securities, with the shares to be held...
Stock Buyback
Centrica Adds to Treasury Stock as Buyback Programme Passes £240m Mark
Positive
Jan 5, 2026
Centrica has continued execution of the second tranche of its share buyback programme, repurchasing 1,120,369 ordinary shares on 2 January 2026 at a volume-weighted average price of 173.33 pence per share via J.P. Morgan Securities, with the share...
Regulatory Filings and Compliance
Centrica Confirms Total Voting Rights as of Year-End 2025
Neutral
Jan 2, 2026
Centrica has reported that, as of 31 December 2025, its issued share capital totalled 5,064,902,964 ordinary shares, of which 454,315,003 are held in treasury, leaving 4,610,587,961 shares in circulation with full voting rights. The company confir...
Business Operations and StrategyStock Buyback
Centrica Expands Treasury Holding as Share Buyback Programme Progresses
Positive
Jan 2, 2026
Centrica has continued executing the second tranche of its share buyback programme, repurchasing 1,140,716 ordinary shares on 31 December 2025 at an average price of 170.2163 pence per share via J.P. Morgan Securities, with the shares to be held i...
Business Operations and StrategyStock Buyback
Centrica Adds to Treasury Stock as Share Buyback Nears £238m
Positive
Dec 31, 2025
Centrica plc has continued its ongoing share buyback programme, purchasing 1,136,420 ordinary shares on 30 December 2025 at a volume-weighted average price of 169.8045 pence per share through J.P. Morgan Securities, with the shares to be held in t...
Business Operations and StrategyStock Buyback
Centrica Extends Share Buyback with Further Treasury Purchase
Positive
Dec 30, 2025
Centrica plc has continued executing the second tranche of its share buyback programme, repurchasing 1,154,459 ordinary shares on 29 December 2025 at an average price of 168.7104 pence per share through J.P. Morgan Securities, with the shares to b...
Business Operations and StrategyRegulatory Filings and Compliance
Centrica Cuts Treasury Share Holding to Below 9% of Issued Capital
Neutral
Dec 29, 2025
Centrica plc has cancelled 35,704,250 ordinary shares previously held in treasury, in line with its policy to keep treasury shares below 10% of total issued share capital. Following the cancellation, the company now holds 450,883,408 ordinary shar...
Other
Centrica Non-Executive Directors Increase Holdings Through Share Purchase Agreements
Positive
Dec 29, 2025
Centrica has disclosed that non-executive directors Philippe Boisseau and Sue Whalley have acquired additional ordinary shares in the company under previously agreed Share Purchase Agreements. The purchases, executed on 29 December 2025 on the Lon...
Business Operations and StrategyStock Buyback
Centrica Adds to Treasury Stock as Share Buyback Tops 137 Million Shares
Positive
Dec 29, 2025
Centrica plc has continued executing the second tranche of its share buyback programme, repurchasing 1,156,316 ordinary shares on 24 December 2025 at an average price of 168.8752 pence per share via J.P. Morgan Securities, with the shares to be he...
Business Operations and StrategyStock Buyback
Centrica Expands Treasury Stock with Ongoing £232m Share Buyback
Positive
Dec 24, 2025
Centrica has continued the second tranche of its share buyback programme with the repurchase of 1,150,322 ordinary shares on 23 December 2025 at an average price of 168.8074 pence per share, with the stock to be held in treasury. Since the program...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.