National Grid plc

Report azionario LSE:NG.

Capitalizzazione di mercato: UK£61.9b

National Grid Performance degli utili passati

Criteri Il passato verificati 5/6

National Grid ha registrato una crescita degli utili a un tasso medio annuo di 11.1%, mentre il settore Integrated Utilities ha registrato utili in crescita a un tasso medio annuo di 11.1%. I ricavi sono stati in crescita a un tasso medio annuo di 2.4%. Il ritorno sul capitale proprio di National Grid è 8.2% e ha margini netti di 18.3%.

Informazioni chiave

11.11%

Tasso di crescita degli utili

3.45%

Tasso di crescita dell'EPS

Integrated Utilities Crescita del settore8.06%
Tasso di crescita dei ricavi2.36%
Rendimento del capitale proprio8.25%
Margine netto18.32%
Prossimo aggiornamento sugli utili05 Nov 2026

Aggiornamenti sulle prestazioni recenti

Articolo di analisi May 21

We Think That There Are Some Issues For National Grid (LON:NG.) Beyond Its Promising Earnings

National Grid plc's ( LON:NG. ) healthy profit numbers didn't contain any surprises for investors. We think this is due...

Recent updates

Aggiornamento della narrazione Jun 18

NG.: Multi-Billion Grid Upgrades Will Support Earnings Resilience And Dividend Visibility

Analysts have slightly reduced their fair value estimate for National Grid to £13.68 from £13.77, citing modestly adjusted expectations for revenue growth, profit margins and the future P/E multiple. Analyst Commentary Recent fair value revisions for National Grid reflect a mix of optimism about the core business and caution around execution, regulation and valuation.
Aggiornamento della narrazione Jun 04

NG.: Dividend Visibility And Grid AI Collaboration Will Support Earnings Resilience

Analysts have slightly adjusted their fair value estimate for National Grid from £13.78 to about £13.77, reflecting updated views on revenue growth, profit margins and future P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts see the small change in fair value, from £13.78 to about £13.77, as a fine tuning of assumptions rather than a shift in the core investment case.
Articolo di analisi May 21

We Think That There Are Some Issues For National Grid (LON:NG.) Beyond Its Promising Earnings

National Grid plc's ( LON:NG. ) healthy profit numbers didn't contain any surprises for investors. We think this is due...
Aggiornamento della narrazione Apr 22

NG.: Grid AI Collaboration And Margin Discipline Will Shape Earnings Resilience

Analysts have nudged their fair value estimate for National Grid to £13.78, reflecting updated assumptions around slightly lower revenue growth, a modestly higher profit margin, and a marginally richer future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts point to the updated fair value estimate of £13.78 as support for National Grid's role as a regulated utility with relatively visible earnings, which can help anchor valuation assumptions.
Aggiornamento della narrazione Apr 08

NG.: Grid Optimization And Execution Discipline Will Shape Earnings Resilience And Future P/E

Analysts have raised their price target on National Grid to £13.63 from £13.53, citing slightly higher assumptions for revenue growth, profit margin and future P/E as the main drivers of the change. Analyst Commentary Analysts are updating their views on National Grid in light of the revised price target, with attention on how the company can support its valuation through consistent execution and disciplined capital allocation.
Aggiornamento della narrazione Mar 24

NG.: Execution On Regulated Projects Will Shape Future Earnings Resilience And P/E Framework

Analysts have lifted their price target for National Grid to £13.53 from £13.14, citing slightly higher assumptions for revenue growth, profit margins and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target of £13.53 as better aligned with their updated assumptions for revenue and margin potential, which they view as more supportive of the current P/E framework.
Aggiornamento della narrazione Mar 10

NG.: Margin Resilience And P/E Expectations Will Shape Predictable Future Returns

Analysts have nudged their National Grid fair value estimate higher from £12.47 to £13.14, pointing to slightly firmer profit margin expectations and a modestly higher future P/E multiple, even as revenue growth assumptions are trimmed. Analyst Commentary Bullish Takeaways Bullish analysts view the uplift in fair value to £13.14 as consistent with a business that can sustain firmer profit margins over time, which they see as supportive of the overall earnings quality story.
Aggiornamento della narrazione Feb 24

NG.: Earnings Quality And Regulation Will Shape Predictable Future Returns

Analysts have adjusted their price target on National Grid to £12.47, reflecting updated views on revenue growth, profit margins and future P/E assumptions, while keeping key valuation inputs broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts view the reaffirmed assumptions on revenue and profit margins as supportive of the revised £12.47 target and suggest the current P/E framework is still seen as appropriate for National Grid's earnings profile.
Aggiornamento della narrazione Feb 10

NG.: Dividend Outlook And Regulation Will Shape Steady Future Returns

Analysts have slightly raised their price target on National Grid, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E that together point to a modestly higher implied equity value. Analyst Commentary Bullish Takeaways Bullish analysts see the updated assumptions on fair value and discount rate as broadly consistent with a regulated utility earning a steady return, which they view as supportive of the slightly higher price target.
Articolo di analisi Feb 04

Estimating The Intrinsic Value Of National Grid plc (LON:NG.)

Key Insights Using the Dividend Discount Model, National Grid fair value estimate is UK£12.16 National Grid's UK£12.56...
Aggiornamento della narrazione Jan 26

NG.: Dividend Outlook And Regulation Will Shape Steady Long Term Returns

Narrative Update Overview Analysts have modestly raised their fair value estimate for National Grid to £12.31 from £12.08, citing updated assumptions for future revenue growth, profit margins and P/E. These updates still use an unchanged 7.07% discount rate.
Articolo di analisi Jan 20

Is National Grid (LON:NG.) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Aggiornamento della narrazione Jan 12

NG.: Dividend Reliability And Regulatory Outcomes Will Guide Balanced Return Potential

Narrative Update The analyst price target for National Grid has been revised slightly higher to about $12.08 from $11.96, as analysts factor in a modestly higher fair value estimate and a small adjustment to future P/E assumptions, while keeping their core growth and margin expectations effectively unchanged. Analyst Commentary Recent research on National Grid focuses on fine tuning valuation inputs rather than changing the core business view.
Articolo di analisi Jan 05

Investors Appear Satisfied With National Grid plc's (LON:NG.) Prospects

National Grid plc's ( LON:NG. ) price-to-earnings (or "P/E") ratio of 20x might make it look like a sell right now...
Aggiornamento della narrazione Dec 18

NG.: Dividend Outlook And Regulatory Outcomes Will Shape Returns Ahead

Analysts have modestly raised their price target on National Grid, reflecting a slightly higher fair value estimate of approximately $11.96 as they factor in stronger anticipated revenue growth, partially offset by a small compression in forecast profit margins and future valuation multiples. Analyst Commentary Bullish analysts view the modestly higher price target as a reflection of improving growth visibility for National Grid, particularly as regulated asset base expansion and inflation-linked mechanisms support more resilient top line progression.
Aggiornamento della narrazione Nov 18

NG.: Revenue Expectations And Margin Pressures Will Shape Performance Ahead

Narrative Update: National Grid Analyst Price Target Increased Analysts have raised their price target for National Grid to $11.93, up from $11.78. They cite improved expectations for revenue growth despite a slightly higher discount rate and modestly lower profit margins.
Articolo di analisi Nov 09

National Grid (LON:NG.) Will Pay A Dividend Of £0.1635

The board of National Grid plc ( LON:NG. ) has announced that it will pay a dividend on the 13th of January, with...
Articolo di analisi Sep 01

National Grid plc's (LON:NG.) Share Price Not Quite Adding Up

With a price-to-earnings (or "P/E") ratio of 18.3x National Grid plc ( LON:NG. ) may be sending bearish signals at the...
Articolo di analisi Aug 02

Estimating The Intrinsic Value Of National Grid plc (LON:NG.)

Key Insights Using the Dividend Discount Model, National Grid fair value estimate is UK£12.05 National Grid's UK£10.80...
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Nuova narrazione Nov 10

Calculated Investments And Infrastructure Growth Set To Bolster Earnings And Unlock Value

National Grid plans massive network investments to drive asset growth, boost future revenues, and stabilize earnings.

Ripartizione dei ricavi e delle spese

Come National Grid guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.


Storico di utili e ricavi

LSE:NG. Ricavi, spese e utili (GBP Millions )
DataRicaviUtiliSpese G+ASpese di R&S
31 Mar 2617,6873,2411290
31 Dec 2517,5853,0571040
30 Sep 2517,4822,872790
30 Jun 2517,9302,849910
31 Mar 2518,3782,8261020
31 Dec 2418,8502,275860
30 Sep 2419,3221,724700
30 Jun 2419,5861,970750
31 Mar 2419,8502,216790
31 Dec 2320,2772,3871220
30 Sep 2320,7042,5581640
30 Jun 2321,1822,6361500
31 Mar 2321,6592,7141350
31 Dec 2221,3062,8701310
30 Sep 2220,9523,0261270
30 Jun 2219,7012,6041470
31 Mar 2218,4492,1821670
31 Dec 2116,4961,6852230
30 Sep 2114,5421,1872790
30 Jun 2114,1041,2453280
31 Mar 2113,6651,3033760
31 Dec 2012,8101,0963680
30 Sep 2014,3151,3773370
30 Jun 2014,4281,3252970
31 Mar 2013,3601,0292680
31 Dec 1914,7081,3662590
30 Sep 1914,8751,4582600
30 Jun 1914,9041,4792320
31 Mar 1914,9331,4992030
31 Dec 1814,9232,425-6590
30 Sep 1814,9133,3501,6800
30 Jun 1815,0823,4491,6910
31 Mar 1815,2503,5481010
31 Dec 1715,3452,5771,6800
30 Sep 1715,4391,6061,6570
30 Jun 1715,2371,7091,6650
31 Mar 1715,0351,8111,6730
30 Sep 1612,6381,6851,4290
30 Jun 1612,9251,7931,4320
31 Mar 1613,2121,8991,4340
31 Dec 1515,4032,3751,5880
30 Sep 1515,6912,1581,5610

Guadagni di qualità: NG. ha guadagni di alta qualità.

Margine di profitto in crescita: Gli attuali margini di profitto netti di NG. (18.3%) NG. sono più alti rispetto allo scorso anno (15.4%).


Flusso di cassa libero e analisi degli utili


Analisi della crescita degli utili nel passato

Andamento degli utili: Gli utili di NG. sono cresciuti del 11.1% all'anno negli ultimi 5 anni.

Accelerare la crescita: La crescita degli utili di NG. nell'ultimo anno ( 14.7% ) supera la media quinquennale ( 11.1% all'anno).

Guadagni vs Settore: La crescita degli utili NG. nell'ultimo anno ( 14.7% ) ha superato la percentuale del settore Integrated Utilities 3.9%.


Rendimento del capitale proprio

ROE elevato: Il Return on Equity ( 8.2% ) di NG. è considerato basso.


Rendimento delle attività


Rendimento del capitale investito


Scoprire le aziende con forti performance passate

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/07/05 01:25
Prezzo dell'azione a fine giornata2026/07/03 00:00
Utili2026/03/31
Utili annuali2026/03/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; disponiamo inoltre di guide su come utilizzare i nostri report e di tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

National Grid plc è coperta da 28 analisti. 13 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Gary HovisArgus Research Company
Dominic NashBarclays
Daniel FordBarclays