National Grid plc (ETR:NNGF)

National Grid Statistics

Total Valuation

National Grid has a market cap or net worth of EUR 66.03 billion. The enterprise value is 113.65 billion.

Market Cap	66.03B
Enterprise Value	113.65B

Important Dates

The last earnings date was Thursday, November 6, 2025.

Earnings Date	Nov 6, 2025
Ex-Dividend Date	May 29, 2025

Share Statistics

Current Share Class	4.96B
Shares Outstanding	n/a
Shares Change (YoY)	+19.31%
Shares Change (QoQ)	+0.79%
Owned by Insiders (%)	0.06%
Owned by Institutions (%)	83.54%
Float	4.90B

Valuation Ratios

The trailing PE ratio is 20.07 and the forward PE ratio is 14.19.

PE Ratio	20.07
Forward PE	14.19
PS Ratio	3.30
PB Ratio	1.55
P/TBV Ratio	2.38
P/FCF Ratio	n/a
P/OCF Ratio	7.37
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.66, with an EV/FCF ratio of -70.01.

EV / Earnings	34.54
EV / Sales	5.72
EV / EBITDA	13.66
EV / EBIT	18.69
EV / FCF	-70.01

Financial Position

The company has a current ratio of 0.97, with a Debt / Equity ratio of 1.23.

Current Ratio	0.97
Quick Ratio	0.75
Debt / Equity	1.23
Debt / EBITDA	6.32
Debt / FCF	-32.40
Interest Coverage	3.18

Financial Efficiency

Return on equity (ROE) is 7.87% and return on invested capital (ROIC) is 4.01%.

Return on Equity (ROE)	7.87%
Return on Assets (ROA)	3.22%
Return on Invested Capital (ROIC)	4.01%
Return on Capital Employed (ROCE)	5.60%
Revenue Per Employee	632,728
Profits Per Employee	103,947
Employee Count	31,654
Asset Turnover	0.17
Inventory Turnover	n/a

Taxes

In the past 12 months, National Grid has paid 1.05 billion in taxes.

Income Tax	1.05B
Effective Tax Rate	24.18%

Stock Price Statistics

The stock price has increased by +11.77% in the last 52 weeks. The beta is 0.32, so National Grid's price volatility has been lower than the market average.

Beta (5Y)	0.32
52-Week Price Change	+11.77%
50-Day Moving Average	12.55
200-Day Moving Average	12.27
Relative Strength Index (RSI)	63.83
Average Volume (20 Days)	135,387

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, National Grid had revenue of EUR 20.03 billion and earned 3.29 billion in profits.

Revenue	20.03B
Gross Profit	20.03B
Operating Income	6.07B
Pretax Income	4.34B
Net Income	3.29B
EBITDA	8.18B
EBIT	6.07B
Earnings Per Share (EPS)	-12.51

Balance Sheet

The company has 4.65 billion in cash and 52.60 billion in debt, giving a net cash position of -47.95 billion.

Cash & Cash Equivalents	4.65B
Total Debt	52.60B
Net Cash	-47.95B
Net Cash Per Share	n/a
Equity (Book Value)	42.64B
Book Value Per Share	8.65
Working Capital	-295.58M

Cash Flow

In the last 12 months, operating cash flow was 8.96 billion and capital expenditures -10.58 billion, giving a free cash flow of -1.62 billion.

Operating Cash Flow	8.96B
Capital Expenditures	-10.58B
Free Cash Flow	-1.62B
FCF Per Share	n/a

Margins

Gross margin is 100.00%, with operating and profit margins of 30.28% and 16.43%.

Gross Margin	100.00%
Operating Margin	30.28%
Pretax Margin	21.69%
Profit Margin	16.43%
EBITDA Margin	40.85%
EBIT Margin	30.28%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.56, which amounts to a dividend yield of 4.20%.

Dividend Per Share	0.56
Dividend Yield	4.20%
Dividend Growth (YoY)	-18.11%
Years of Dividend Growth	n/a
Payout Ratio	56.13%
Buyback Yield	-19.31%
Shareholder Yield	-15.11%
Earnings Yield	4.98%
FCF Yield	-2.46%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	4