What’s the current market cap for National Grid stock?

National Grid (NGG) has a market cap of $81bn as of June 18, 2026.

What is the P/E ratio for National Grid stock?

The price to earnings (P/E) ratio for National Grid (NGG) stock is 92.94 as of June 18, 2026.

Does National Grid stock pay dividends?

Yes, the National Grid (NGG) stock pays dividends to shareholders. As of June 18, 2026, the dividend rate is $3.0614 and the yield is 2.62%. National Grid has a payout ratio of 50.08% on a trailing twelve-month basis.

When is the next National Grid dividend payment date?

The next National Grid (NGG) dividend payment is scheduled for July 23, 2026.

What is the beta indicator for National Grid?

National Grid (NGG) has a beta rating of 0.6. 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.

Buy National Grid stock | $NGG Share Price

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 electricity networks in the United States, metering services and merchant transmission lines in the UK.

Ticker

$NGG

Sector

Utilities

Primary listing

NYSE

Employees

33,026

Headquarters

London, United Kingdom

Website

www.nationalgrid.com

National Grid Metrics

BasicAdvanced

$81bn

92.94

$0.87

0.60

$3.06

2.62%

What the Analysts think about National Grid

Analyst ratings (Buy, Hold, Sell) for National Grid stock.

Bulls say / Bears say

For the year ended March 31, 2026, NGG delivered record capital investment of £11.6 billion and underlying EPS growth of 8% at constant currency to 78.0p, driven by strong operating performance across its UK and US networks (FY2026 Results (investegate.co.uk)).

NGG accepted Ofgem’s RIIO-T3 Final Determination for its UK Electricity Transmission business from April 2026 to March 2031, securing regulatory clarity across two-thirds of its £70 billion investment plan and enhancing visibility of future returns (Upgraded Framework (investegate.co.uk)).

The company completed the divestments of National Grid Renewables and Grain LNG in FY25/26, streamlining its portfolio to focus capital on higher-quality regulated transmission and distribution assets (FY2026 Results (investegate.co.uk))

In its FY25/26 pre-close update, NGG estimated a net impact of around 1p per share to underlying EPS from customer refund charges linked to a March 19, 2026 FERC order reducing the base ROE for New England transmission, indicating regulatory cost risks to earnings (SEC Filing (stocktitan.net)).

NGG flagged higher-than-expected US storm costs in Q1 FY25/26, reflecting increased extreme weather expenses that pressure margins and introduce earnings volatility (SEC Filing (stocktitan.net)).

Around one-quarter of NGG’s £70 billion five-year capital investment plan is not yet secured by supply chain or delivery mechanisms, exposing the company to potential cost overruns and execution delays (FY2026 Results (investegate.co.uk))

Data summarised monthly by Lightyear AI. Last updated on 16 Jun 2026.

National Grid Financial Performance

Revenues and expenses

QuarterlyAnnual

Q3 24

QoQ growth

Revenue

$37bn

-39.75%

Net income

$45bn

107.52%

Profit margin

37.65%

6.78%

National Grid Earnings Performance

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 Transco H2 Earnings Call Highlights

MarketBeat·1 month ago

European markets to open higher as politics dominates the news agenda

CNBC·1 month ago

GridCARE and National Grid Collaborate to Unlock Grid Capacity for Infrastructure

Business Wire·3 months 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.

Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.