National Grid/$NGG
1D1W1MYTD1Y5YMAX
Capital at risk
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
$74B
85.22
$0.88
0.60
$3.21
5.75%
Price and volume
Market cap
$74B
Beta
0.6
52-week high
$94.64
52-week low
$69.99
Average daily volume
815K
Dividend rate
$3.21
Financial strength
Current ratio
0.764
Quick ratio
0.685
Long term debt to equity
1.108
Total debt to equity
1.213
Dividend payout ratio (TTM)
50.08%
Interest coverage (TTM)
3.39%
Profitability
EBITDA (TTM)
9,996.208
Gross margin (TTM)
100.00%
Net profit margin (TTM)
18.32%
Operating margin (TTM)
29.21%
Effective tax rate (TTM)
22.45%
Revenue per employee (TTM)
$728,170
Management effectiveness
Return on assets (TTM)
3.00%
Return on equity (TTM)
8.41%
Valuation
Price to earnings (TTM)
85.225
Price to revenue (TTM)
15.539
Price to book
1.4
Price to tangible book (TTM)
2.12
Price to free cash flow (TTM)
-100.085
Free cash flow yield (TTM)
-1.00%
Free cash flow per share (TTM)
-0.749
Dividend yield (TTM)
4.28%
Forward dividend yield
5.75%
Growth
Revenue change (TTM)
-3.76%
Earnings per share change (TTM)
6.18%
3-year revenue growth (CAGR)
-6.53%
10-year revenue growth (CAGR)
2.96%
3-year earnings per share growth (CAGR)
-32.51%
10-year earnings per share growth (CAGR)
-1.35%
3-year dividend per share growth (CAGR)
-4.37%
10-year dividend per share growth (CAGR)
0.25%
What the Analysts think about National Grid
Analyst ratings (Buy, Hold, Sell) for National Grid stock.
Analyst projections of the future price of National Grid stock.
Bulls say / Bears say
Management reaffirmed 2027 adjusted EPS growth guidance of 13%–15%, underscoring confidence in sustained earnings momentum. (Reuters)
National Grid simplified its operating model by reducing its Group Executive Committee from 13 to eight members effective September 1, 2026, aiming to streamline decision-making and enhance execution. (Reuters)
Commits at least £70 billion of capital investment over the next five years to modernise and expand energy networks across the UK and US Northeast, underpinning long-term asset growth and revenue visibility. (Reuters)
Missed annual profit expectations as higher costs to repair storm-linked damage in its U.S. business weighed on results, highlighting vulnerability to extreme weather events. (Reuters)
Reported £636 million of timing under-recoveries for the year, reflecting regulatory lag in collecting allowed revenues and exposing the company to cash flow volatility. (Reuters)
Underlying EPS growth was partially offset by customer refunds related to the March 2026 FERC order on New England transmission returns, underscoring regulatory risk in U.S. operations. (Reuters via Stockopedia)
Data summarised monthly by Lightyear AI. Last updated on 5 Sept 2026.
National Grid Financial Performance
Revenues and expenses
National Grid Earnings Performance
Company profitability
Upcoming events
No upcoming events
National Grid News
AllArticlesVideos
Funds containing National Grid
AllEURGBPUSD
Fund name | Fund size | $NGG weighting |
|---|---|---|
iShares STOXX Europe 600 Utilities€EXH9 | €785M | 11.68% |
iShares Global Infrastructure€INFR | €2.1B | 2.30% |
iShares UK Dividend£IUKD | £1.3B | 2.27% |
Vanguard FTSE 100£VUKE | £4.8B | 2.27% |
iShares Core FTSE 100€ISFA | €19B | 2.13% |
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