Network Rail Limited experienced a notable shift in its profit before tax (PBT) in the most recent financial years. The company reported a PBT of 324 million British pounds in 2021/22. However, the subsequent financial year it saw a substantial decline in profitability, with PBT dropping to -1.14 billion British pounds. In 2023/24 returned to a profit of over 1.5 billion British pounds.
Profit before taxes (PBT) of Network Rail Limited from 2017/18 to 2023/24 in million British pounds
Figures preceding 2022/23 were taken from earlier editions of the report The source states that in the most and preceding fiscal years, the company achieved operating profits of approximately three billion British pounds. The source attributes the decline in profitability, as shown in the graph, to an additional £1.4 billion in indexation uplift when valuing the legacy RPI-linked debt. This increase in the value of its debt, is a consequence of significantly higher inflation than the previous year.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Network Rail Limited. (August 12, 2024). Profit before taxes (PBT) of Network Rail Limited from 2017/18 to 2023/24 in million British pounds [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1386576/network-rail-profit-before-taxes/
Network Rail Limited. "Profit before taxes (PBT) of Network Rail Limited from 2017/18 to 2023/24 in million British pounds." Chart. August 12, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1386576/network-rail-profit-before-taxes/
Network Rail Limited. (2024). Profit before taxes (PBT) of Network Rail Limited from 2017/18 to 2023/24 in million British pounds. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1386576/network-rail-profit-before-taxes/
Network Rail Limited. "Profit before Taxes (Pbt) of Network Rail Limited from 2017/18 to 2023/24 in Million British Pounds." Statista, Statista Inc., 12 Aug 2024, https://www.statista.com/statistics/1386576/network-rail-profit-before-taxes/
Network Rail Limited, Profit before taxes (PBT) of Network Rail Limited from 2017/18 to 2023/24 in million British pounds Statista, https://www.statista.com/statistics/1386576/network-rail-profit-before-taxes/ (last visited December 23, 2024)
Profit before taxes (PBT) of Network Rail Limited from 2017/18 to 2023/24 in million British pounds [Graph], Network Rail Limited, August 12, 2024. [Online]. Available: https://www.statista.com/statistics/1386576/network-rail-profit-before-taxes/