Market open
National Grid/£NG
08:00
10:10
12:15
14:25
16:30
1D1W1MYTD1Y5YMAX
About National Grid
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the UK, and the Grain (UK) liquefied natural gas facility.
Ticker
£NG
Sector
Trading on
LSE
Industry
Multi-Utilities
Headquarters
Employees
31,425
Website
National Grid Metrics
BasicAdvanced
£48B
Market cap
22.45
P/E ratio
£0.44
EPS
0.27
Beta
£0.59
Dividend rate
5.95%
Dividend yield
Price and volume
Market cap
£48B
Beta
0.27
52-week high
£11.46
52-week low
£6.45
Average daily volume
9.8M
Dividend rate
£0.59
Financial strength
Current ratio
1.609
Quick ratio
1.107
Long term debt to equity
120.802
Total debt to equity
129.507
Dividend payout ratio (TTM)
66.56%
Interest coverage (TTM)
2.96%
Management effectiveness
Return on assets (TTM)
3.16%
Return on equity (TTM)
5.28%
Valuation
Price to earnings (TTM)
22.453
Price to revenue (TTM)
2.093
Price to book
1.24
Price to tangible book (TTM)
1.93
Price to free cash flow (TTM)
-26.746
Dividend yield (TTM)
5.95%
Growth
Revenue change (TTM)
-6.68%
Earnings per share change (TTM)
-78.92%
3-year revenue growth (CAGR)
9.94%
3-year earnings per share growth (CAGR)
1.03%
3-year dividend per share growth (CAGR)
3.64%
What the Analysts think about National Grid
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for National Grid stock.
National Grid Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
National Grid Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
National Grid News
AllArticlesVideos
National Grid and SSE may get cash from Ofgem fund to speed transmission network expansion
Proactive Investors·1 day ago
National Grid and SP Energy to build £2bn electricity superhighway between England and Scotland
Proactive Investors·6 days ago
National Grid gets go-ahead for Dutch and Belgium subsea interconnectors
Proactive Investors·1 week ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe
Capital at risk
Market open
Upcoming events
Jan
14
National Grid
Dividend·Payment
£0.1584
Per share
FAQs
What’s the current market cap for National Grid stock?
National Grid (NG) has a market cap of £48B as of November 21, 2024.
What is the P/E ratio for National Grid stock?
The price to earnings (P/E) ratio for National Grid (NG) stock is 22.45 as of November 21, 2024.
Does National Grid stock pay dividends?
Yes, the National Grid (NG) stock pays dividends to shareholders. As of November 21, 2024, the dividend rate is £0.5852 and the yield is 5.95%. National Grid has a payout ratio of 66.56% on a trailing twelve-month basis.
When is the next National Grid dividend payment date?
The next National Grid (NG) dividend payment is scheduled for January 14, 2025.
What is the beta indicator for National Grid?
National Grid (NG) has a beta rating of 0.27. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.