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National Grid plc (NNGF.DE)

EUR14.56 -0.05 (-0.34%)
GB XETRA Utilities Regulated Electric
Address 1-3 Strand WC2N 5EH
London, BY, GB
CEO Zoë Yujnovich
Website nationalgrid.com
IPO 2007-12-11
ISIN GB00BDR05C01

Explore sections of this company profile

Also trades on Deutsche Börse · NNGF.DE (EUR) London Stock Exchange · NG.L (GBp) New York Stock Exchange · NMK-PB (USD) New York Stock Exchange · NGG (USD) New York Stock Exchange · NMK-PC (USD) Other OTC · NGGTF (USD) Other OTC · NMPWP (USD) Other OTC · NEWEN (USD)
Description

National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in east and west Midlands, Southwest of England, and South Wales. The New England segment provides electricity and gas supply and distribution, and high-voltage electricity transmission services in New England. The New York segment offers electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR14.56 -0.05 (-0.34%)
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Volume Profile
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Liquidity & share structure
Average Volume
277.0K
Beta
0.60
Float Shares
4.91B
Free Float %
98.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-8.51% -6.57% -6.32% -12.64% +3.12% +2.35% +7.99% +12.23% +33.28% +5.74% +25.25%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (15 ratings, all time) Buy
Price Targets & DCF
Current price
14.56
DCF (Unlevered) 0.45 -96.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
1.70
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • ✗
    Revenue growth Regulated Electric: +9.0%
    -3.9% Q1'26: -6.6% (vs Q1'24)
  • ✓
    EPS growth Regulated Electric: +12.7%
    +10.2% Q1'26: +67.7% (vs Q1'24)
  • ✓
    FCF margin FCF growth · Regulated Electric: +35.5%
    +24.3% ★ Q1'26: -20.1% (vs Q1'24)
  • ✓
    EBIT margin Regulated Electric: +19.9%
    +32.7% ★ Q1'26: +39.0% (vs Q1'24)
  • ✗
    ROIC Regulated Electric: +4.4%
    +5.4% ★ Q1'26: +15.6% (vs Q1'24)
  • ✗
    Share dilution Regulated Electric: +0.0%
    +1.2% Q1'26: +33.8% (vs Q1'24)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×
    5.83× Q1'26: 2.21× (vs Q1'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.62) × ERP
WACC = 56% × Ke + 44% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 0.45 Current price: 14.56
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual 		Mar 2016
actual 		Mar 2017
actual 		Mar 2018
actual 		Mar 2019
actual 		Mar 2020
actual 		Mar 2021
actual 		Mar 2022
actual 		Mar 2023
actual 		Mar 2024
actual 		Mar 2025
actual 		Mar 2026
12 Rev. Ana.
1 EPS Ana. 		Mar 2027
4 Rev. Ana.
1 EPS Ana. 		Mar 2028
11 Rev. Ana.
1 EPS Ana. 		Mar 2029
6 Rev. Ana.
1 EPS Ana. 		Mar 2030
7 Rev. Ana.
1 EPS Ana. 		Mar 2031
7 Rev. Ana.
1 EPS Ana.
Revenue
13.36B
est: 20.81B (-35.8%)
13.21B
est: 19.95B (-33.8%)
15.04B
est: 19.51B (-23.0%)
15.25B
est: 17.95B (-15.0%)
14.93B
est: 18.19B (-17.9%)
14.54B
est: 17.33B (-16.1%)
13.67B
est: 17.20B (-20.6%)
18.45B
est: 18.88B (-2.3%)
21.66B
est: 20.80B (+4.1%)
19.85B
est: 20.56B (-3.5%)
18.38B
est: 20.47B (-10.2%)
19.19B
14.64B – 22.02B
-6.3% YoY
20.87B
19.89B – 22.02B
+8.7% YoY
22.70B
19.04B – 26.33B
+8.8% YoY
24.23B
21.70B – 26.86B
+6.8% YoY
28.73B
25.72B – 31.84B
+18.5% YoY
32.93B
29.49B – 36.50B
+14.6% YoY
EBITDA
3.99B
est: 6.79B (-41.3%)
4.33B
est: 6.51B (-33.5%)
5.09B
est: 6.37B (-20.1%)
5.08B
est: 5.86B (-13.3%)
5.11B
est: 5.94B (-14.0%)
3.83B
est: 5.66B (-32.2%)
3.93B
est: 5.62B (-30.1%)
6.04B
est: 6.16B (-2.1%)
5.59B
est: 6.79B (-17.7%)
6.83B
est: 10.83B (-36.9%)
7.64B
est: 12.41B (-38.5%)
11.63B
8.87B – 13.35B
-6.3% YoY
12.65B
12.06B – 13.34B
+8.7% YoY
13.76B
11.54B – 15.96B
+8.8% YoY
14.69B
13.15B – 16.28B
+6.8% YoY
17.41B
15.59B – 19.30B
+18.5% YoY
19.96B
17.87B – 22.12B
+14.6% YoY
EBIT
2.87B
est: 4.57B (-37.1%)
3.12B
est: 4.38B (-28.7%)
3.74B
est: 4.28B (-12.7%)
3.80B
est: 3.94B (-3.6%)
3.56B
est: 3.99B (-10.9%)
2.40B
est: 3.81B (-37.0%)
2.56B
est: 3.78B (-32.1%)
4.60B
est: 4.15B (+10.9%)
5.27B
est: 4.57B (+15.4%)
4.77B
est: 8.40B (-43.2%)
5.46B
est: 9.51B (-42.6%)
8.91B
6.80B – 10.23B
-6.3% YoY
9.69B
9.24B – 10.22B
+8.7% YoY
10.54B
8.84B – 12.23B
+8.8% YoY
11.25B
10.08B – 12.47B
+6.8% YoY
13.34B
11.95B – 14.79B
+18.5% YoY
15.29B
13.69B – 16.95B
+14.6% YoY
Net Income
1.50B
est: 3.50B (-57.0%)
1.90B
est: 3.53B (-46.2%)
1.81B
est: 3.70B (-51.1%)
3.55B
est: 3.03B (+17.2%)
1.51B
est: 2.99B (-49.5%)
1.26B
est: 3.03B (-58.3%)
1.64B
est: 2.82B (-41.9%)
2.35B
est: 3.36B (-29.9%)
7.80B
est: 3.55B (+119.5%)
2.29B
est: 3.38B (-32.2%)
2.90B
est: 3.56B (-18.6%)
3.86B
3.34B – 4.41B
+8.4% YoY
4.45B
3.85B – 5.08B
+15.3% YoY
4.84B
4.18B – 5.52B
+8.7% YoY
5.26B
4.55B – 6.00B
+8.7% YoY
5.65B
4.88B – 6.44B
+7.4% YoY
5.93B
5.13B – 6.77B
+5.0% YoY
SGA
1.37B
est: 2.88B (-52.5%)
1.43B
est: 2.76B (-48.0%)
1.67B
est: 2.70B (-38.0%)
101.00M
est: 2.48B (-95.9%)
203.00M
est: 2.51B (-91.9%)
4.11B
est: 2.40B (+71.5%)
4.57B
est: 2.38B (+92.1%)
6.37B
est: 2.61B (+143.9%)
135.00M
est: 2.88B (-95.3%)
—
est: 2.84B (-100.0%)
102.00M
est: 1.46B (-93.0%)
1.37B
1.04B – 1.57B
-6.3% YoY
1.49B
1.42B – 1.57B
+8.7% YoY
1.62B
1.36B – 1.88B
+8.8% YoY
1.73B
1.55B – 1.92B
+6.8% YoY
2.05B
1.84B – 2.27B
+18.5% YoY
2.35B
2.10B – 2.60B
+14.6% YoY
EPS
0.43
est: 0.71 (-39.4%)
0.55
est: 0.72 (-23.8%)
0.50
est: 0.75 (-33.5%)
1.03
est: 0.62 (+66.3%)
0.45
est: 0.61 (-26.7%)
0.36
est: 0.62 (-41.6%)
0.47
est: 0.57 (-18.2%)
0.65
est: 0.68 (-5.0%)
2.13
est: 0.72 (+194.5%)
0.58
est: 0.69 (-15.6%)
0.59
est: 0.72 (-17.7%)
0.78
0.67 – 0.89
+8.4% YoY
0.90
0.77 – 1.02
+15.3% YoY
0.97
0.84 – 1.11
+8.7% YoY
1.06
0.91 – 1.21
+8.7% YoY
1.14
0.98 – 1.30
+7.4% YoY
1.19
1.03 – 1.36
+5.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 B 3/5 1/5 3/5 4/5 3/5 3/5 3/5
2026-05-14 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-05-13 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-05-12 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-05-11 B+ 3/5 3/5 3/5 4/5 2/5 3/5 3/5
2026-05-08 B+ 3/5 3/5 3/5 4/5 2/5 3/5 3/5
2026-05-07 B+ 3/5 3/5 3/5 4/5 2/5 3/5 3/5
2026-05-06 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-05-05 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-05-04 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-04-30 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-04-29 B 3/5 3/5 2/5 4/5 2/5 2/5 3/5
2026-04-28 B 3/5 3/5 2/5 4/5 2/5 2/5 3/5
2026-04-27 B 3/5 3/5 2/5 4/5 2/5 2/5 3/5
2026-04-24 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-23 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-22 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-21 B 3/5 3/5 2/5 4/5 2/5 2/5 3/5
2026-04-20 B 3/5 3/5 2/5 4/5 2/5 2/5 3/5
2026-04-17 B 3/5 3/5 2/5 4/5 2/5 2/5 3/5
2026-04-16 B 3/5 3/5 2/5 4/5 2/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-17.86B
OE per share TTM
-3.73
Owner's Yield
-26.18%
Maintenance CapEx ratio
313.91%
Maint CapEx / Avg PPE
357.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
182.2K
Shares Outstanding
4.98B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
John Mark Pettigrew Executive Officer 3M male
Andrew J. Agg Chief Financial Officer & Executive Director 2M male
Benjamin Hollis Wilson President of National Grid Ventures & Chief US External Affairs Officer — male
Carl G. Trowell President of UK Strategic Infrastructure — —
Emma Hardaker-Jones Chief People Officer — female
Justine Campbell Chief Legal officer — female
Sarah Orban Salati Chief Commercial Officer of NGV North East Team — female
Talvis Love Chief Information & Digital Officer — male
Alice Kyne Delahunty President of UK Electricity Transmission — female
Zoe A. Yujnovich Chief Executive Officer & Director — female
Angela Broad Director of Investor Relations — —
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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