Stock · NG.L · Utilities
United Kingdom · Large Cap · listed since 1999 · Revenue 12 mo. £17.7B
Price as of 11/06/2026
National Grid plc engages in the transmission and distribution of electricity and gas.
National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in east and west Midlands, Southwest of England, and South Wales. The New England segment provides electricity and gas supply and distribution, and high-voltage electricity transmission services in New England. The New York segment offers electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.
Original text from the data provider
Summary
47.6 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
with respect to the priced-in expectation
No indication in the stored figures.
with respect to the priced-in expectation
Since the last quarter
Q4 2025 → Q2 2026
4 more unchanged: Revenue, 12 mo., Net debt, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 8.25% | 9.62% | Rank 32 |
| Return on capital (Greenblatt) | 7.09% | 6.41% | Rank 61 |
| EBIT margin | 32.66% | 19.18% | Rank 82 |
| FCF margin | −21.24% | −1.66% | Rank 19 |
| Gross margin | 32.66% | 29.12% | Rank 62 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | −3.76% | 4.81% | Rank 23 |
| Earnings growth, 3 years per year | −32.51% | 7.55% | Rank 3 |
| Earnings growth, 5 years per year | 7.07% | 6.85% | Rank 51 |
| Sustainable growth (ROE × retained earnings) | 56.48% | 28.08% | Rank 77 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 5.22% | 4.89% | Rank 57 |
| FCF yield | −5.97% | −0.91% | Rank 22 |
| EV/saleslower is better | 6.04 | 4.63 | Rank 31 |
| EV/EBITlower is better | 18.50 | 21.24 | Rank 73 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | −1.94% | −1.83% | Rank 49 |
| Share price, 6 months | −1.72% | 0.12% | Rank 42 |
| Share price, 3 months | 9.26% | 6.83% | Rank 65 |
| Distance from 52-week high | −10.75% | −9.51% | Rank 43 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 1.40% | 3.91% | Rank 79 |
| Change in share countlower is better | 5.12% | 0.35% | Rank 14 |
| Dividend streak in years | – | 8 | Rank 9 |
| Price reaction to results, market-adjusted | 0.65% | 0.04% | Rank 64 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 36.29% | 28.29% | Rank 79 |
| Net debt/EBITDAlower is better | 5.69 | 5.05 | Rank 37 |
| Debt to equitylower is better | 1.19 | 1.51 | Rank 68 |
| Volatility, 1 yearlower is better | 21.41% | 22.48% | Rank 53 |
Ten years in figures
| Year | Revenue, £B | EBIT margin | FCF | Shares | Net debt, £B |
|---|---|---|---|---|---|
| 2017 | 15.0 | 21.3% | £1.7B | 3.47B | 27.5 |
| 2018 | 15.3 | 22.9% | £592.0M | 3.48B | 26.3 |
| 2019 | 14.9 | 19.2% | £377.0M | 3.40B | 28.5 |
| 2020 | 13.4 | 17.1% | −£282.0M | 3.48B | 30.7 |
| 2021 | 13.7 | 17.6% | −£327.0M | 3.54B | 31.1 |
| 2022 | 18.4 | 23.7% | £728.0M | 3.62B | 45.3 |
| 2023 | 21.7 | 22.5% | £6.0M | 3.68B | 42.8 |
| 2024 | 19.9 | 22.5% | −£514.0M | 4.04B | 46.5 |
| 2025 | 18.4 | 26.9% | −£2.5B | 4.73B | 47.2 |
| 2026 | 17.7 | 32.7% | −£3.8B | 4.97B | 46.4 |
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Detail data
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Selected fundamental metrics for National Grid PLC.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 19.2 | 19.8 |
| P/B ratio | 1.6 | 1.9 |
| Return on equity (ROE) | 8.2% | 9.6% |
| Equity ratio | 36.3% | 28.3% |
| Debt-to-equity (D/E) | 1.19 | 1.51 |
| Dividend yield | 3.9% | 3.3% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| NG.L | National Grid PLCthis page | |
| DUK | Duke Energy Corporation | locked |
| AEP | American Electric Power Co Inc | locked |
| SO | Southern Company | locked |
| D | Dominion Energy Inc | locked |
| ETR | Entergy Corporation | locked |
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