National Grid plc (LON:NG)
London · Delayed Price · Currency is GBP · Price in GBX 1,146.00
-1.50 (-0.13%)
Sep 3, 2026, 4:53 PM GMT
National Grid Ratios and Metrics
Market cap in millions GBP. Fiscal year is April - March.
Millions GBP. Fiscal year is Apr - Mar.
Total Valuation
Fiscal Year | Current | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 3, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
| 57,098 | 63,111 | 49,387 | 39,652 | 40,312 | 42,733 | |
Market Cap Growth | 12.89% | 27.79% | 24.55% | -1.64% | -5.67% | 39.36% |
Enterprise Value | 102,006 | 105,907 | 88,177 | 84,004 | 87,713 | 84,646 |
Price Ratios
Fiscal Year | Current | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 3, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
PE Ratio | 17.60 | 19.47 | 17.02 | 17.32 | 5.17 | 18.16 |
PS Ratio | 3.23 | 3.57 | 2.69 | 2.00 | 1.86 | 2.32 |
PB Ratio | 1.45 | 1.61 | 1.31 | 1.33 | 1.36 | 1.79 |
P/FCF Ratio | - | - | - | 1132.92 | 70.35 | 36.40 |
P/OCF Ratio | 7.29 | 8.06 | 7.25 | 5.71 | 5.84 | 6.81 |
EV Ratios
Fiscal Year | Current | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 3, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
EV/Sales Ratio | 5.77 | 5.99 | 4.80 | 4.23 | 4.05 | 4.59 |
EV/EBITDA Ratio | 14.10 | 15.07 | 12.98 | 10.99 | 15.02 | 14.03 |
EV/EBIT Ratio | 19.45 | 20.49 | 17.67 | 15.04 | 20.86 | 20.13 |
EV/FCF Ratio | - | - | - | 2400.12 | 153.08 | 72.10 |
Financial Efficiency
Fiscal Year | Current | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 3, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Debt / Equity Ratio | 1.21 | 1.21 | 1.29 | 1.61 | 1.49 | 1.95 |
Debt / EBITDA Ratio | 6.66 | 6.66 | 7.04 | 6.30 | 7.39 | 7.70 |
Debt / FCF Ratio | - | - | - | 1377.09 | 76.97 | 39.57 |
Net Debt / Equity Ratio | 1.14 | 1.14 | 1.10 | 1.47 | 1.40 | 1.81 |
Net Debt / EBITDA Ratio | 6.39 | 6.39 | 6.15 | 5.75 | 7.08 | 7.14 |
Net Debt / FCF Ratio | -20.78 | -20.78 | -21.17 | 1255.43 | 72.14 | 36.72 |
Quick Ratio | 0.65 | 0.65 | 1.01 | 0.64 | 0.69 | 0.27 |
Current Ratio | 0.76 | 0.76 | 1.35 | 0.91 | 1.00 | 0.73 |
Asset Turnover | 0.17 | 0.17 | 0.18 | 0.21 | 0.23 | 0.23 |
Return on Equity (ROE) | 8.41% | 8.41% | 8.36% | 7.46% | 10.16% | 9.99% |
Return on Assets (ROA) | 3.00% | 3.00% | 3.04% | 3.65% | 2.80% | 3.24% |
Return on Capital Employed (ROCE) | 5.20% | 5.20% | 5.20% | 6.40% | 5.00% | 6.00% |
Yields
Fiscal Year | Current | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 3, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Earnings Yield | 5.68% | 5.13% | 5.88% | 5.78% | 19.34% | 5.51% |
FCF Yield | -3.78% | -3.42% | -3.99% | 0.09% | 1.42% | 2.75% |
Dividend Yield | 4.26% | 3.92% | 4.96% | 6.80% | 6.61% | 5.95% |
Payout Ratio | 74.37% | 50.08% | 52.69% | 75.02% | 20.61% | 39.18% |
Buyback Yield / Dilution | -5.12% | -5.12% | -17.99% | -9.03% | -1.66% | -2.15% |
Total Shareholder Return | -1.11% | -1.20% | -13.03% | -2.23% | 4.95% | 3.81% |