SSE (LON:SSE) Releases Earnings Results

Posted by Brenda Bartman on May 29th, 2026

SSE (LON:SSE – Get Free Report) released its quarterly earnings results on Thursday. The company reported GBX 153.50 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 1,018.65 billion during the quarter. SSE had a net margin of 8.59% and a return on equity of 7.09%.

Here are the key takeaways from SSE’s conference call:

SSE said it met its overriding safety goal of no life-changing injuries, with injury rates broadly flat despite a sharp rise in contractor hours as investment accelerated.
The company delivered FY 2026 EPS of GBP 1.535, toward the top end of guidance, while also posting a record GBP 3.6 billion of capital expenditure for the year.
Management reaffirmed the long-term growth plan, including targets of GBP 2.25-GBP 2.50 EPS by 2030 and around 80% of earnings linked to inflation, supported by regulated networks and a strong balance sheet.
Transmission remains the main growth engine, with 80% higher transmission CapEx, about 75% of consents already approved, and construction underway on five major projects in the north of Scotland.
There were some headwinds in parts of the portfolio, including lower distribution earnings after prior-year inflation catch-ups, mixed renewables weather conditions, and weaker flexibility earnings from outages and soft market spreads.

SSE Stock Performance

Shares of SSE stock opened at GBX 2,369 on Friday. SSE has a one year low of GBX 1,597 and a one year high of GBX 2,767.50. The firm has a market capitalization of £28.56 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 3.06 and a beta of 0.62. The business has a 50-day simple moving average of GBX 2,561.43 and a 200 day simple moving average of GBX 2,427.59. The company has a debt-to-equity ratio of 81.00, a current ratio of 0.97 and a quick ratio of 0.50.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. JPMorgan Chase & Co. raised their target price on SSE from GBX 2,580 to GBX 2,925 and gave the stock an “overweight” rating in a research report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on SSE from GBX 2,850 to GBX 2,900 and gave the stock a “buy” rating in a research report on Friday, April 24th. UBS Group reissued a “neutral” rating and issued a GBX 2,350 price objective on shares of SSE in a research report on Friday, May 22nd. Finally, Jefferies Financial Group lifted their price objective on SSE from GBX 2,510 to GBX 3,060 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,606.57.

View Our Latest Analysis on SSE

About SSE

(Get Free Report)

SSE is a leading generator of renewables and flexible energy in the GB and Ireland markets, and one of the world’s fastest-growing electricity networks companies.

This includes onshore and offshore wind farms, hydro, electricity transmission and distribution networks, power stations, carbon capture and hydrogen, solar and batteries, as well as providing energy products and services for businesses and other customers.

SSE’s more than 14,000 employees are dedicated to delivering cleaner, more secure energy and ensuring a just transition to a net zero future.