Drax Group/£DRX
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About Drax Group
Drax Group PLC, listed under the symbol DRX, is a United Kingdom-based renewable energy company founded in 2005. The company operates in the renewable power generation sector, specializing in sustainable biomass production and the sale of renewable electricity to businesses. Drax Group is committed to delivering reliable low-carbon power generated mainly from wood pellets to help transition towards a renewable energy future.
Ticker
£DRX
Sector
Primary listing
LSE
Industry
Independent Power & Renewable Electricity Producers
Headquarters
Employees
3,250
ISIN
GB00B1VNSX38
Website
Drax Group Metrics
BasicAdvanced
£2.4B
5.01
£1.35
0.88
£0.26
3.85%
Price and volume
Market cap
£2.4B
Beta
0.88
52-week high
£6.89
52-week low
£4.85
Average daily volume
1.4M
Dividend rate
£0.26
Financial strength
Current ratio
1.201
Quick ratio
0.516
Long term debt to equity
55.014
Total debt to equity
61.962
Dividend payout ratio (TTM)
17.76%
Interest coverage (TTM)
8.79%
Profitability
EBITDA (TTM)
1,119.3
Gross margin (TTM)
30.45%
Net profit margin (TTM)
8.55%
Operating margin (TTM)
14.71%
Effective tax rate (TTM)
30.25%
Revenue per employee (TTM)
£1,900,000
Management effectiveness
Return on assets (TTM)
9.92%
Return on equity (TTM)
25.82%
Valuation
Price to earnings (TTM)
5.011
Price to revenue (TTM)
0.42
Price to book
1.2
Price to tangible book (TTM)
1.56
Price to free cash flow (TTM)
5.484
Free cash flow yield (TTM)
18.23%
Free cash flow per share (TTM)
123.17%
Dividend yield (TTM)
3.85%
Growth
Revenue change (TTM)
-20.31%
Earnings per share change (TTM)
-3.37%
3-year revenue growth (CAGR)
6.59%
10-year revenue growth (CAGR)
8.19%
3-year earnings per share growth (CAGR)
91.02%
10-year earnings per share growth (CAGR)
15.53%
3-year dividend per share growth (CAGR)
11.41%
10-year dividend per share growth (CAGR)
8.13%
What the Analysts think about Drax Group
Analyst ratings (Buy, Hold, Sell) for Drax Group stock.
Bulls say / Bears say
Drax Group reported a 5.5% increase in annual profit for 2024, driven by a rise in renewable power generation and improved performance in its pellet division. (reuters.com)
The company announced a £300 million share buyback program over two years, reflecting confidence in its financial stability and commitment to returning value to shareholders. (reuters.com)
Drax secured approximately £3 billion in contracted forward power sales between 2024 and 2026, indicating strong future revenue streams. (reuters.com)
The UK government extended subsidies for Drax's biomass units until 2031 but reduced the subsidy level by half, potentially impacting profitability. (reuters.com)
Environmental groups criticize Drax's biomass usage, arguing it can lead to deforestation and questioning its sustainability, which could affect public perception and regulatory support. (reuters.com)
The company faces uncertainties regarding the UK government's review of greenhouse gas removal technologies, which affects its Bioenergy with Carbon Capture and Storage (BECCS) projects. (gurufocus.com)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.
Drax Group Financial Performance
Revenues and expenses
Drax Group Earnings Performance
Company profitability
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.
Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Drax Group stock?
Drax Group (DRX) has a market cap of £2.4B as of June 27, 2025.
What is the P/E ratio for Drax Group stock?
The price to earnings (P/E) ratio for Drax Group (DRX) stock is 5.01 as of June 27, 2025.
Does Drax Group stock pay dividends?
Yes, the Drax Group (DRX) stock pays dividends to shareholders. As of June 27, 2025, the dividend rate is £0.26 and the yield is 3.85%. Drax Group has a payout ratio of 17.76% on a trailing twelve-month basis.
When is the next Drax Group dividend payment date?
The next Drax Group (DRX) dividend payment date is unconfirmed.
What is the beta indicator for Drax Group?
Drax Group (DRX) has a beta rating of 0.88. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.