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National Grid LSE:NG. Stock Report

Last Price

UK£10.91

Market Cap

UK£53.5b

7D

2.8%

1Y

22.7%

Updated

25 May, 2025

Data

Company Financials +

Community vs My Fair Value

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UK£11.35
FV
3.9% undervalued intrinsic discount
8.54%
Revenue growth p.a.
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10 days ago author updated this narrative

National Grid plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for National Grid
Historical stock prices
Current Share PriceUK£10.91
52 Week HighUK£11.04
52 Week LowUK£6.45
Beta0.31
1 Month Change1.77%
3 Month Change11.67%
1 Year Change22.67%
3 Year Change-6.27%
5 Year Change17.82%
Change since IPO272.81%

Recent News & Updates

National Grid (LON:NG.) Strong Profits May Be Masking Some Underlying Issues

May 22
National Grid (LON:NG.) Strong Profits May Be Masking Some Underlying Issues

National Grid plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 17
National Grid plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Recent updates

National Grid (LON:NG.) Strong Profits May Be Masking Some Underlying Issues

May 22
National Grid (LON:NG.) Strong Profits May Be Masking Some Underlying Issues

National Grid plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 17
National Grid plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

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

Apr 19
Calculating The Intrinsic Value Of National Grid plc (LON:NG.)

We Think National Grid (LON:NG.) Is Taking Some Risk With Its Debt

Feb 27
We Think National Grid (LON:NG.) Is Taking Some Risk With Its Debt

Is There An Opportunity With National Grid plc's (LON:NG.) 26% Undervaluation?

Jan 13
Is There An Opportunity With National Grid plc's (LON:NG.) 26% Undervaluation?

Why We're Not Concerned About National Grid plc's (LON:NG.) Share Price

Dec 28
Why We're Not Concerned About National Grid plc's (LON:NG.) Share Price

These 4 Measures Indicate That National Grid (LON:NG.) Is Using Debt Extensively

Nov 27
These 4 Measures Indicate That National Grid (LON:NG.) Is Using Debt Extensively

National Grid (LON:NG.) Has Announced That Its Dividend Will Be Reduced To £0.1584

Nov 12
National Grid (LON:NG.) Has Announced That Its Dividend Will Be Reduced To £0.1584
author-image

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.

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

Jul 29
Estimating The Intrinsic Value Of National Grid plc (LON:NG.)

There May Be Some Bright Spots In National Grid's (LON:NG.) Earnings

May 30
There May Be Some Bright Spots In National Grid's (LON:NG.) Earnings

National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At £0.3912

May 26
National Grid (LON:NG.) Will Pay A Larger Dividend Than Last Year At £0.3912

Shareholder Returns

NG.GB Integrated UtilitiesGB Market
7D2.8%3.2%0.2%
1Y22.7%19.3%2.3%

Return vs Industry: NG. exceeded the UK Integrated Utilities industry which returned 19.3% over the past year.

Return vs Market: NG. exceeded the UK Market which returned 2.3% over the past year.

Price Volatility

Is NG.'s price volatile compared to industry and market?
NG. volatility
NG. Average Weekly Movement3.9%
Integrated Utilities Industry Average Movement4.0%
Market Average Movement5.9%
10% most volatile stocks in GB Market11.4%
10% least volatile stocks in GB Market3.3%

Stable Share Price: NG. has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: NG.'s weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199031,425John Pettigrewwww.nationalgrid.com

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.

National Grid plc Fundamentals Summary

How do National Grid's earnings and revenue compare to its market cap?
NG. fundamental statistics
Market capUK£53.47b
Earnings (TTM)UK£2.83b
Revenue (TTM)UK£18.38b
18.9x
P/E Ratio
2.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NG. income statement (TTM)
RevenueUK£18.38b
Cost of RevenueUK£0
Gross ProfitUK£18.38b
Other ExpensesUK£15.55b
EarningsUK£2.83b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Nov 06, 2025

Earnings per share (EPS)0.58
Gross Margin100.00%
Net Profit Margin15.38%
Debt/Equity Ratio127.8%

How did NG. perform over the long term?

See historical performance and comparison

Dividends

4.3%
Current Dividend Yield
78%
Payout Ratio

Does NG. pay a reliable dividends?

See NG. dividend history and benchmarks
When do you need to buy NG. by to receive an upcoming dividend?
National Grid dividend dates
Ex Dividend DateMay 29 2025
Dividend Pay DateJul 17 2025
Days until Ex dividend3 days
Days until Dividend pay date52 days

Does NG. pay a reliable dividends?

See NG. dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/25 16:10
End of Day Share Price 2025/05/23 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

National Grid plc is covered by 39 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Juan RodriguezAlphaValue
Gary HovisArgus Research Company
Dominic NashBarclays