National Grid Statistics
Total Valuation
National Grid has a market cap or net worth of $81.03 billion. The enterprise value is $141.10 billion.
Important Dates
The next estimated earnings date is Monday, June 22, 2026, before market open.
| Earnings Date | Jun 22, 2026 |
| Ex-Dividend Date | May 29, 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 | n/a |
| Shares Outstanding | 4.98B |
| Shares Change (YoY) | +5.12% |
| Shares Change (QoQ) | +0.85% |
| Owned by Insiders (%) | 0.02% |
| Owned by Institutions (%) | 83.64% |
| Float | 4.92B |
Valuation Ratios
The trailing PE ratio is 18.93 and the forward PE ratio is 13.65.
| PE Ratio | 18.93 |
| Forward PE | 13.65 |
| PS Ratio | 3.47 |
| Forward PS | 4.25 |
| PB Ratio | 1.56 |
| P/TBV Ratio | 2.36 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 7.84 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 32.97 |
| EV / Sales | 6.04 |
| EV / EBITDA | 15.21 |
| EV / EBIT | 20.67 |
| EV / FCF | n/a |
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 | 0.65 |
| Debt / Equity | 1.21 |
| Debt / EBITDA | 6.66 |
| Debt / FCF | n/a |
| 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) | 5.35% |
| Revenue Per Employee | $707,176 |
| Profits Per Employee | $129,584 |
| Employee Count | 33,026 |
| Asset Turnover | 0.16 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, National Grid has paid $1.24 billion in taxes.
| Income Tax | 1.24B |
| Effective Tax Rate | 22.45% |
Stock Price Statistics
The stock price has increased by +15.22% in the last 52 weeks. The beta is 0.60, so National Grid's price volatility has been lower than the market average.
| Beta (5Y) | 0.60 |
| 52-Week Price Change | +15.22% |
| 50-Day Moving Average | 85.93 |
| 200-Day Moving Average | 80.63 |
| Relative Strength Index (RSI) | 42.06 |
| Average Volume (20 Days) | 1,874,114 |
Short Selling Information
The latest short interest is 1.46 million, so 0.15% of the outstanding shares have been sold short.
| Short Interest | 1.46M |
| Short Previous Month | 979,513 |
| Short % of Shares Out | 0.15% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 0.99 |
Income Statement
In the last 12 months, National Grid had revenue of $23.36 billion and earned $4.28 billion in profits. Earnings per share was $0.86.
| Revenue | 23.36B |
| Gross Profit | 23.36B |
| Operating Income | 6.83B |
| Pretax Income | 5.52B |
| Net Income | 4.28B |
| EBITDA | 9.28B |
| EBIT | 6.83B |
| Earnings Per Share (EPS) | $0.86 |
Full Income StatementBalance Sheet
The company has $3.73 billion in cash and $62.99 billion in debt, with a net cash position of -$59.26 billion or -$11.91 per share.
| Cash & Cash Equivalents | 3.73B |
| Total Debt | 62.99B |
| Net Cash | -59.26B |
| Net Cash Per Share | -$11.91 |
| Equity (Book Value) | 51.93B |
| Book Value Per Share | 10.43 |
| Working Capital | -3.05B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $10.34 billion and capital expenditures -$13.19 billion, giving a free cash flow of -$2.88 billion.
| Operating Cash Flow | 10.34B |
| Capital Expenditures | -13.19B |
| Depreciation & Amortization | n/a |
| Net Borrowing | -1.55B |
| Free Cash Flow | -2.88B |
| FCF Per Share | -$0.58 |
Full Cash Flow StatementMargins
Gross margin is 100.00%, with operating and profit margins of 29.22% and 18.32%.
| Gross Margin | 100.00% |
| Operating Margin | 29.22% |
| Pretax Margin | 23.64% |
| Profit Margin | 18.32% |
| EBITDA Margin | 39.72% |
| EBIT Margin | 29.22% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $3.21, which amounts to a dividend yield of 3.92%.
| Dividend Per Share | $3.21 |
| Dividend Yield | 3.92% |
| Dividend Growth (YoY) | 5.43% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 372.79% |
| Buyback Yield | -5.12% |
| Shareholder Yield | -1.20% |
| Earnings Yield | 5.28% |
| FCF Yield | -3.56% |
Dividend DetailsAnalyst Forecast
The average price target for National Grid is $92.17, which is 12.60% higher than the current price. The consensus rating is "Buy".
| Price Target | $92.17 |
| Price Target Difference | 12.60% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (3Y) | 10.12% |
| EPS Growth Forecast (3Y) | 10.39% |
Stock ForecastsFair 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 1:1.09.
| Last Split Date | May 22, 2017 |
| Split Type | Reverse |
| Split Ratio | 1:1.09 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |
