Drax Group/£DRX
1D1W1MYTD1Y5YMAX
Capital at risk
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
- Energy
- Primary listing
- LSE
- Employees
- 2,974
- Headquarters
- Selby, United Kingdom
- Website
- www.drax.com
Drax Group Metrics
BasicAdvanced
£2.8B
152.07
£0.05
0.62
£0.29
3.52%
Price and volume
Market cap
£2.8B
Beta
0.62
52-week high
£9.38
52-week low
£6.61
Average daily volume
1.1M
Dividend rate
£0.29
Financial strength
Current ratio
1.069
Quick ratio
0.327
Long term debt to equity
0.593
Total debt to equity
0.688
Dividend payout ratio (TTM)
516.84%
Interest coverage (TTM)
7.99%
Profitability
EBITDA (TTM)
741.9
Gross margin (TTM)
24.26%
Net profit margin (TTM)
0.36%
Operating margin (TTM)
11.11%
Effective tax rate (TTM)
88.33%
Revenue per employee (TTM)
£1,760,000
Management effectiveness
Return on assets (TTM)
7.24%
Return on equity (TTM)
0.82%
Valuation
Price to earnings (TTM)
152.068
Price to revenue (TTM)
0.538
Price to book
1.6
Price to tangible book (TTM)
2.21
Price to free cash flow (TTM)
21.724
Free cash flow yield (TTM)
4.60%
Free cash flow per share (TTM)
0.38
Dividend yield (TTM)
3.52%
Growth
Revenue change (TTM)
-7.54%
Earnings per share change (TTM)
-94.95%
3-year revenue growth (CAGR)
-13.63%
10-year revenue growth (CAGR)
5.56%
3-year earnings per share growth (CAGR)
-50.47%
10-year earnings per share growth (CAGR)
-18.40%
3-year dividend per share growth (CAGR)
11.60%
10-year dividend per share growth (CAGR)
27.35%
What the Analysts think about Drax Group
Analyst ratings (Buy, Hold, Sell) for Drax Group stock.
Analyst projections of the future price of Drax Group stock.
Bulls say / Bears say
Drax maintained its 2026 adjusted EBITDA guidance despite a difficult first half, and it had more than £1 billion of contracted forward power sales for 2026–28. Full hedging for 2026 gives near-term earnings better visibility. (Drax Global)
The Bluefield Solar acquisition adds 0.9GW of solar and wind, while Drax is targeting roughly 0.7GW of battery storage and £650m–£800m of adjusted EBITDA by 2029. This could reduce reliance on its legacy biomass business and benefit from rising demand for flexible power. (Drax Global)
The FCA closed its investigation into Drax’s historical biomass-sourcing disclosures without taking further action. That removes an immediate regulatory and disclosure overhang, even though wider sustainability criticism remains. (The Guardian)
First-half adjusted core profit fell 39% to £279m as weaker UK power prices and lower generation margins hit earnings. This shows that Drax remains exposed to power-market conditions even while it diversifies. (Reuters)
From 2027, expected public support for Drax’s biomass generation is roughly halved and subsidised output is capped at a 27% capacity factor. The longer-term case is also less clear because Drax has reduced its commitment to BECCS, which was central to the argument for continued support. (Ember, POLITICO)
The Bluefield deal and related funding needs may delay shareholder returns: UBS expects the remaining £325m buyback to be unlikely before 2027 while Drax refinances its acquisition bridge loan. Higher leverage increases the execution risk of the diversification strategy. (Proactive Investors)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
Drax Group Financial Performance
Revenues and expenses
Drax Group Earnings Performance
Company profitability
Upcoming events
Funds containing Drax Group
AllGBPEURUSD
Fund name | Fund size | £DRX weighting |
|---|---|---|
iShares FTSE 250£MIDD | £661M | 0.90% |
Vanguard FTSE 250£VMID | £1.6B | 0.79% |
iShares STOXX Europe 600 Utilities€EXH9 | €785M | 0.55% |
Amundi MSCI New Energy ESG Screened€NRJ | €905M | 0.47% |
Amundi MSCI New Energy ESG Screened£NRJL | £905M | 0.42% |
Latest price is delayed by 15 minutes. 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 London Stock Exchange, through Infront.