Drax Group plc (DRX)

Drax Group is a UK-based renewable and flexible power company best known for operating Drax Power Station in North Yorkshire—one of Europe’s largest biomass generators. It produces and trades sustainable wood pellets, burns them to supply dispatchable renewable electricity to the grid, and sells power and related products to businesses. Vertical integration from pellet production through generation is a core differentiator versus pure power retailers or fossil generators. Its customers include the electricity system and commercial energy users seeking renewable supply and flexibility services.

Market
London Stock Exchange
Sector
Utilities
Trend
Neutral
Last close
773 (-1.34% on the day)
MA50
752.06
MA200
818.79
52-week range
652.26–917.82
Market cap
2.6B GBP
P/E
86.11
Dividend yield
0.04%
Data as of
2026-09-03
Annual revenue and earnings, millions
YearRevenueYoY %EarningsYoY %
20227,775.385.1
20237,733.2-0.5%562.2560.6%
20246,162.5-20.3%526.6-6.3%
20255,390.7-12.5%73-86.1%

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