National Grid plc (LON:NG)
London flag London · Delayed Price · Currency is GBP · Price in GBX
1,255.00
+4.00 (0.32%)
May 20, 2026, 5:15 PM GMT

National Grid Statistics

Total Valuation

National Grid has a market cap or net worth of GBP 62.44 billion. The enterprise value is 107.42 billion.

Market Cap62.44B
Enterprise Value 107.42B

Important Dates

The last earnings date was Thursday, May 14, 2026.

Earnings Date May 14, 2026
Ex-Dividend Date May 28, 2026

Share Statistics

National Grid has 4.98 billion shares outstanding. The number of shares has increased by 5.12% in one year.

Current Share Class 4.98B
Shares Outstanding 4.98B
Shares Change (YoY) +5.12%
Shares Change (QoQ) +0.85%
Owned by Insiders (%) 0.02%
Owned by Institutions (%) 81.58%
Float 4.92B

Valuation Ratios

The trailing PE ratio is 19.25 and the forward PE ratio is 14.04. National Grid's PEG ratio is 1.61.

PE Ratio 19.25
Forward PE 14.04
PS Ratio 3.53
PB Ratio 1.59
P/TBV Ratio 2.40
P/FCF Ratio n/a
P/OCF Ratio 7.98
PEG Ratio 1.61
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.34, with an EV/FCF ratio of -49.73.

EV / Earnings 33.14
EV / Sales 6.07
EV / EBITDA 14.34
EV / EBIT 20.49
EV / FCF -49.73

Financial Position

The company has a current ratio of 0.76, with a Debt / Equity ratio of 1.21.

Current Ratio 0.76
Quick Ratio 0.69
Debt / Equity 1.21
Debt / EBITDA 6.44
Debt / FCF -22.12
Interest Coverage 3.39

Financial Efficiency

Return on equity (ROE) is 8.41% and return on invested capital (ROIC) is 3.72%.

Return on Equity (ROE) 8.41%
Return on Assets (ROA) 3.00%
Return on Invested Capital (ROIC) 3.72%
Return on Capital Employed (ROCE) 5.25%
Weighted Average Cost of Capital (WACC) 5.43%
Revenue Per Employee 558,760
Profits Per Employee 102,388
Employee Count31,654
Asset Turnover 0.16
Inventory Turnover n/a

Taxes

In the past 12 months, National Grid has paid 939.00 million in taxes.

Income Tax 939.00M
Effective Tax Rate 22.45%

Stock Price Statistics

The stock price has increased by +17.29% in the last 52 weeks. The beta is 0.62, so National Grid's price volatility has been lower than the market average.

Beta (5Y) 0.62
52-Week Price Change +17.29%
50-Day Moving Average 1,290.79
200-Day Moving Average 1,186.83
Relative Strength Index (RSI) 45.78
Average Volume (20 Days) 15,439,606

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 17.69 billion and earned 3.24 billion in profits. Earnings per share was 0.65.

Revenue17.69B
Gross Profit 17.69B
Operating Income 5.17B
Pretax Income 4.18B
Net Income 3.24B
EBITDA 7.41B
EBIT 5.17B
Earnings Per Share (EPS) 0.65
Full Income Statement

Balance Sheet

The company has 2.83 billion in cash and 47.77 billion in debt, with a net cash position of -44.95 billion or -9.03 per share.

Cash & Cash Equivalents 2.83B
Total Debt 47.77B
Net Cash -44.95B
Net Cash Per Share -9.03
Equity (Book Value) 39.33B
Book Value Per Share 7.91
Working Capital -2.31B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 7.83 billion and capital expenditures -9.99 billion, giving a free cash flow of -2.16 billion.

Operating Cash Flow 7.83B
Capital Expenditures -9.99B
Depreciation & Amortization n/a
Net Borrowing -1.16B
Free Cash Flow -2.16B
FCF Per Share -0.43
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 29.21% and 18.32%.

Gross Margin 100.00%
Operating Margin 29.21%
Pretax Margin 23.64%
Profit Margin 18.32%
EBITDA Margin 41.91%
EBIT Margin 29.21%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of 0.48, which amounts to a dividend yield of 3.88%.

Dividend Per Share 0.48
Dividend Yield 3.88%
Dividend Growth (YoY) 3.79%
Years of Dividend Growth n/a
Payout Ratio 50.08%
Buyback Yield -5.12%
Shareholder Yield -1.24%
Earnings Yield 5.19%
FCF Yield -3.46%
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