National Grid
NGG | NYSE
$85.92
+$0.70 (+0.82%)
At close: Nov 5, 2026, 4:00 PM ET
$86.00
+$0.08 (+0.09%)
After-hours:
Nov 5, 2026, 4:41 PM ET
Market Data
Market Cap $86.38B
Enterprise Value $109.24B
Beta 0.59
Average Volume 858.39K
Shares Outstanding (Diluted) 995.18M
Shares Change YoY 23.01%
Institutional Ownership 6.59%
Exchange NYSE
ISIN US6362744095
Price Performance
Price Change 1M 11.8%
Price Change 3M 6.8%
Price Change 6M 0.0%
Price Change YTD 11.1%
Price Change 1Y 12.6%
Price Change 3Y 39.2%
Price Change 5Y 33.4%
1M CAGR (ann.) 10.1%
1Y CAGR (ann.) 15.6%
5Y CAGR (ann.) 12.9%
All-Time CAGR 8.8%
Valuation
PE Ratio 19.27
Forward PE 13.84
PEG Ratio 1.88
Forward PEG 1.16
PS Ratio 3.61
Forward PS 3.20
PB Ratio 1.66
P/FCF Ratio -17.04
P/Adj. FCF Ratio -17.04
P/OCF Ratio 10.10
EV/Sales 6.13
EV/EBIT 18.80
EV/EBITDA 13.53
EV/FCF -28.90
Earnings Yield 5.2%
FCF Yield -5.9%
Adj. FCF Yield -5.9%
Financial Health
Net Debt £43.93B
Total Debt £46.76B
Cash & Short-Term Investments £2.83B
Total Assets £108.29B
Current Ratio 0.76
Quick Ratio 0.71
Debt / Equity Ratio 1.19
Debt / EBITDA 5.79
Debt / FCF -12.37
OCF / Debt 0.13
Interest Coverage 4.37
Altman Z-Score 1.42
Piotroski F-Score 5
Margins & Profitability
Gross Profit Margin 63.4%
Operating Profit Margin 32.6%
EBITDA Margin 44.0%
Net Profit Margin 18.3%
FCF Margin -21.2%
Adj. FCF Margin -21.2%
SBC / Revenue 0.1%
SBC Impact (per share) N/A
Returns
Return on Assets 3.0%
Return on Equity 8.5%
Return on Invested Capital 4.3%
Return on Capital Employed 5.8%
Return on Tangible Assets 3.4%
Historical Growth (CAGR)
Revenue CAGR 3Y 6.0%
Revenue CAGR 5Y 28.3%
Revenue CAGR 10Y 14.7%
EPS CAGR 3Y 24.7%
EPS CAGR 5Y 4.1%
EPS CAGR 10Y 0.6%
FCF CAGR 3Y -130.7%
FCF CAGR 5Y -72.8%
FCF CAGR 10Y -51.9%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 2
EPS Growth Next 3Y 18.1%
Revenue Growth Next 3Y 9.6%
Earnings Date Nov 5, 2026
EPS Estimate (next Q) $3.09
EPS Growth Est (next Q) 17.4%
Revenue Est (next Q) $13.68B
Revenue Growth Est (next Q) 33.6%
Fair Value Estimates
Graham Number $71.57
Graham Upside -16.0%
Lynch Fair Value $22.11
Lynch Upside -74.1%
Price Target $79.25
Price Target Upside -7.0%
Cash Flow
Operating Cash Flow £6.27B
Free Cash Flow £-3.78B
Adj. Free Cash Flow £-3.78B
FCF Per Share -$3.80
OCF Per Share $6.30
OCF/S Ratio 35.2%
Income Statement
Revenue £17.83B
Gross Profit £5.82B
Operating Income £5.82B
EBITDA £8.07B
Net Income £3.28B
EPS (Diluted) $3.30
Revenue / Employee $539.88K
Profit / Employee $99.28K
Employees 33,026
Dividends
Annual Dividend $3.24
Dividend Yield 3.80%
Payout Ratio 98.2%
FCF Payout Ratio -43.1%
Adj. FCF Payout Ratio -43.1%
Dividend Growth (YoY) 5.7%
Pay Frequency Semi-Annual
Ex-Dividend Date May 29, 2026
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