National Grid plc (LON:NG)
London flag London · Delayed Price · Currency is GBP · Price in GBX
1,146.50
+2.50 (0.22%)
At close: Nov 28, 2025

National Grid Statistics

Total Valuation

National Grid has a market cap or net worth of GBP 56.88 billion. The enterprise value is 98.77 billion.

Market Cap56.88B
Enterprise Value 98.77B

Important Dates

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

Earnings Date Nov 6, 2025
Ex-Dividend Date Nov 20, 2025

Share Statistics

National Grid has 4.96 billion shares outstanding. The number of shares has increased by 19.31% in one year.

Current Share Class 4.96B
Shares Outstanding 4.96B
Shares Change (YoY) +19.31%
Shares Change (QoQ) +0.79%
Owned by Insiders (%) 0.06%
Owned by Institutions (%) 81.80%
Float 4.90B

Valuation Ratios

The trailing PE ratio is 19.67 and the forward PE ratio is 13.97. National Grid's PEG ratio is 1.75.

PE Ratio 19.67
Forward PE 13.97
PS Ratio 3.25
PB Ratio 1.53
P/TBV Ratio 2.35
P/FCF Ratio n/a
P/OCF Ratio 7.27
PEG Ratio 1.75
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.50, with an EV/FCF ratio of -69.70.

EV / Earnings 34.39
EV / Sales 5.65
EV / EBITDA 13.50
EV / EBIT 18.46
EV / FCF -69.70

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 552,284
Profits Per Employee 90,731
Employee Count31,654
Asset Turnover 0.17
Inventory Turnover n/a

Taxes

In the past 12 months, National Grid has paid 917.00 million in taxes.

Income Tax 917.00M
Effective Tax Rate 24.18%

Stock Price Statistics

The stock price has increased by +15.88% in the last 52 weeks. The beta is 0.56, so National Grid's price volatility has been lower than the market average.

Beta (5Y) 0.56
52-Week Price Change +15.88%
50-Day Moving Average 1,122.56
200-Day Moving Average 1,054.87
Relative Strength Index (RSI) 52.17
Average Volume (20 Days) 11,538,207

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 GBP 17.48 billion and earned 2.87 billion in profits. Earnings per share was 0.58.

Revenue17.48B
Gross Profit 17.48B
Operating Income 5.29B
Pretax Income 3.79B
Net Income 2.87B
EBITDA 7.14B
EBIT 5.29B
Earnings Per Share (EPS) 0.58
Full Income Statement

Balance Sheet

The company has 4.06 billion in cash and 45.91 billion in debt, giving a net cash position of -41.86 billion or -8.44 per share.

Cash & Cash Equivalents 4.06B
Total Debt 45.91B
Net Cash -41.86B
Net Cash Per Share -8.44
Equity (Book Value) 37.22B
Book Value Per Share 7.55
Working Capital -258.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 7.82 billion and capital expenditures -9.24 billion, giving a free cash flow of -1.42 billion.

Operating Cash Flow 7.82B
Capital Expenditures -9.24B
Free Cash Flow -1.42B
FCF Per Share -0.29
Full Cash Flow Statement

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 0.47, which amounts to a dividend yield of 4.08%.

Dividend Per Share 0.47
Dividend Yield 4.08%
Dividend Growth (YoY) -14.06%
Years of Dividend Growth n/a
Payout Ratio 56.13%
Buyback Yield -19.31%
Shareholder Yield -15.23%
Earnings Yield 5.05%
FCF Yield -2.49%
Dividend Details

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