Drax Group plc (LON:DRX)

London flag London · Delayed Price · Currency is GBP · Price in GBX
756.00
-4.50 (-0.59%)
Jun 26, 2026, 4:35 PM GMT
12.84%
Market Cap 2.54B
Revenue (ttm) 5.39B
Net Income (ttm) 73.00M
Shares Out 336.22M
EPS (ttm) 0.20
PE Ratio 37.43
Forward PE 9.54
Dividend 0.29 (3.84%)
Ex-Dividend Date Apr 23, 2026
Volume n/a
Average Volume 1,371,696
Open 743.50
Previous Close 760.50
Day's Range 743.50 - 761.50
52-Week Range 613.90 - 937.50
Beta 0.63
RSI 37.74
Earnings Date Jul 30, 2026

About Drax Group

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 suppl... [Read more]

Sector Utilities
Founded 2005
Employees 2,974
Stock Exchange London Stock Exchange
Ticker Symbol DRX
Full Company Profile

Financial Performance

In 2025, Drax Group's revenue was 5.39 billion, a decrease of -12.52% compared to the previous year's 6.16 billion. Earnings were 73.00 million, a decrease of -86.14%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for DRX stock is "Hold." The 12-month stock price target is 954p, which is an increase of 26.15% from the latest price.

Price Target
954p
(26.15% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Drax Group Transcript: M&A announcement

A £561 million all-cash acquisition of a UK renewables fund will boost generating capacity by 19%, deliver significant synergies, and support long-term growth in renewables, with strong contracted cash flows and a robust development pipeline.

26 days ago - Transcripts

Drax Group Press release: M&A announcement

Drax Group issued a press release on June 1, 2026, disclosing material business information to investors.

26 days ago - Filings

Drax Group Slides: M&A announcement

Drax Group has posted slides in relation to its latest quarterly earnings report, which was published on June 1, 2026.

26 days ago - Filings

UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

British power ​group Drax ‌said on Monday ​it has ​agreed to buy ⁠Bluefield ​Solar Income ​Fund (BSIF) in a deal ​that ​values the renewable ‌energy-focused ⁠investment company at about £561 million (...

26 days ago - Reuters

Drax Group Earnings release: Trading update

Drax Group released its earnings on April 30, 2026, summarizing the period's financial results.

2 months ago - Filings

Drax Group Earnings Call Transcript: H2 2025

Strong 2025 results with record renewable output, robust cash flow, and a solid balance sheet support growth in FlexGen and battery storage. Strategic focus remains on U.K. energy transition, disciplined capital allocation, and managing risks in the Canadian pellet business.

4 months ago - Transcripts

Drax Group Annual report: H2 2025

Drax Group has published its H2 2025 annual report on February 26, 2026.

4 months ago - Filings

Drax Group Annual report: H2 2025

Drax Group has published its H2 2025 annual report on February 26, 2026.

4 months ago - Filings

Drax Group Slides: H2 2025

Drax Group has posted slides in relation to its H2 2025 quarterly earnings report, which was published on February 26, 2026.

4 months ago - Filings

UK's power firm Drax Group says it could cut over 10% jobs

Drax Group on Tuesday said it could cut more than 350 jobs in the UK and North America as part of the power firm's long-term strategy to bolster UK energy security and advance its transition to lower-...

5 months ago - Reuters

Drax Group Earnings release: Trading Update

Drax Group released its earnings on December 11, 2025, summarizing the period's financial results.

7 months ago - Filings

Drax Group Earnings Call Transcript: H1 2025

Strong H1 performance with record pellet output, robust cash flow, and a new £450m buyback extension. Post-2027 EBITDA target reaffirmed, with growth focused on FlexGen, energy solutions, and disciplined capital allocation.

11 months ago - Transcripts

Drax Group Quarterly report: H1 2025

Drax Group has published its H1 2025 quarterly earnings report on July 31, 2025.

11 months ago - Filings

Drax Group Slides: H1 2025

Drax Group has posted slides in relation to its H1 2025 quarterly earnings report, which was published on July 31, 2025.

11 months ago - Filings

Drax posts 66% jump in annual profit, raises dividend

Drax Group , the UK's largest source of renewable electricity, posted a 66% jump in annual profit and raised its dividend on Thursday, supported by robust renewable power generation.

2 years ago - Reuters

Drax reports higher half-year profit on robust demand, elevated prices

British power generator Drax Group reported a rise in half-year profit on Thursday, buoyed by robust demand for renewable power and substantially high energy prices.

3 years ago - Reuters