National Grid plc (FRA:NNGF)

National Grid Statistics

Total Valuation

National Grid has a market cap or net worth of EUR 65.31 billion. The enterprise value is 113.25 billion.

Market Cap	65.31B
Enterprise Value	113.25B

Important Dates

The next estimated earnings date is 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)	+27.50%
Shares Change (QoQ)	+8.01%
Owned by Insiders (%)	0.06%
Owned by Institutions (%)	83.74%
Float	4.90B

Valuation Ratios

The trailing PE ratio is 18.83 and the forward PE ratio is 15.11.

PE Ratio	18.83
Forward PE	15.11
PS Ratio	2.97
PB Ratio	1.44
P/TBV Ratio	2.21
P/FCF Ratio	n/a
P/OCF Ratio	8.03
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.12, with an EV/FCF ratio of -48.04.

EV / Earnings	32.65
EV / Sales	5.37
EV / EBITDA	14.12
EV / EBIT	19.49
EV / FCF	-48.04

Financial Position

The company has a current ratio of 1.35, with a Debt / Equity ratio of 1.29.

Current Ratio	1.35
Quick Ratio	1.01
Debt / Equity	1.29
Debt / EBITDA	7.04
Debt / FCF	-24.68
Interest Coverage	2.97

Financial Efficiency

Return on equity (ROE) is 8.36% and return on invested capital (ROIC) is 3.79%.

Return on Equity (ROE)	8.36%
Return on Assets (ROA)	3.04%
Return on Invested Capital (ROIC)	3.79%
Return on Capital Employed (ROCE)	5.19%
Revenue Per Employee	694,017
Profits Per Employee	109,590
Employee Count	31,654
Asset Turnover	0.18
Inventory Turnover	n/a

Taxes

In the past 12 months, National Grid has paid 981.39 million in taxes.

Income Tax	981.39M
Effective Tax Rate	22.49%

Stock Price Statistics

The stock price has increased by +3.20% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+3.20%
50-Day Moving Average	12.32
200-Day Moving Average	12.19
Relative Strength Index (RSI)	64.90
Average Volume (20 Days)	988

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 21.97 billion and earned 3.47 billion in profits. Earnings per share was 0.73.

Revenue	21.97B
Gross Profit	21.97B
Operating Income	5.96B
Pretax Income	4.36B
Net Income	3.47B
EBITDA	8.12B
EBIT	5.96B
Earnings Per Share (EPS)	0.73

Balance Sheet

The company has 8.29 billion in cash and 58.19 billion in debt, giving a net cash position of -49.90 billion.

Cash & Cash Equivalents	8.29B
Total Debt	58.19B
Net Cash	-49.90B
Net Cash Per Share	n/a
Equity (Book Value)	45.22B
Book Value Per Share	9.23
Working Capital	4.44B

Cash Flow

In the last 12 months, operating cash flow was 8.14 billion and capital expenditures -10.50 billion, giving a free cash flow of -2.36 billion.

Operating Cash Flow	8.14B
Capital Expenditures	-10.50B
Free Cash Flow	-2.36B
FCF Per Share	n/a

Margins

Gross margin is 100.00%, with operating and profit margins of 27.15% and 15.79%.

Gross Margin	100.00%
Operating Margin	27.15%
Pretax Margin	19.86%
Profit Margin	15.79%
EBITDA Margin	36.97%
EBIT Margin	27.15%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.56, which amounts to a dividend yield of 4.33%.

Dividend Per Share	0.56
Dividend Yield	4.33%
Dividend Growth (YoY)	-18.11%
Years of Dividend Growth	n/a
Payout Ratio	52.69%
Buyback Yield	-27.50%
Shareholder Yield	-23.17%
Earnings Yield	5.31%
FCF Yield	-3.61%

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

The last stock split was on May 22, 2017. It was a reverse split with a ratio of 0.9166.

Last Split Date	May 22, 2017
Split Type	Reverse
Split Ratio	0.9166

Scores

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