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NGGTF

National Grid plc

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Price alert · NGGTF

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17.05 USD +0.11 +0.65%
As of Oct 30, 2026
14.95 Day range 14.95
14.45 52-week range 19.23
YTD
+7.91%
1 year
+12.17%
Open
14.95
Prev close
16.94
Mkt cap
85.71B
Vol
242
Avg vol
15.81K
EPS
0.88
P/E
19.38
More statistics
Low
14.95
High
14.95
Earnings
Nov 5, 2026

5D chart

Chart tools
Interval
1m5m15m30m
NGGTF five-day price chart15.916.216.416.716.9

Financial health

Altman Z-Score

1.35 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

4 / 9 Average

Nine pass/fail tests of profitability, leverage and efficiency.

FMP rating

B3 / 5 overall

  • DCF 1
  • Return on Equity 3
  • Return on Assets 3
  • Debt / Equity 3
  • P/E 3
  • P/B 3

Valuation

P/E 19.4×
FY 2017: 4.5×FY 2018: 7.8×FY 2019: 20.0×FY 2020: 25.6×FY 2021: 17.6×FY 2022: 17.9×FY 2023: 5.0×FY 2024: 19.5×FY 2025: 16.2×FY 2026: 19.4×
FY 2017 5y median 17.9× FY 2026
P/S 3.6×
FY 2017: 2.3×FY 2018: 1.8×FY 2019: 2.0×FY 2020: 2.2×FY 2021: 2.0×FY 2022: 2.3×FY 2023: 1.8×FY 2024: 2.2×FY 2025: 2.6×FY 2026: 3.6×
FY 2017 5y median 2.3× FY 2026
P/B 1.6×
FY 2017: 1.7×FY 2018: 1.5×FY 2019: 1.6×FY 2020: 1.6×FY 2021: 1.5×FY 2022: 1.8×FY 2023: 1.3×FY 2024: 1.5×FY 2025: 1.3×FY 2026: 1.6×
FY 2017 5y median 1.5× FY 2026
P/FCF -16.9×
FY 2017: 20.3×FY 2018: 46.7×FY 2019: 80.7×FY 2020: -113×FY 2021: -89.1×FY 2022: 57.4×FY 2023: 6452×FY 2024: -86.8×FY 2025: -18.9×FY 2026: -16.9×
FY 2017 5y median -16.9× FY 2026
EV/EBITDA 15.5×
FY 2017: 13.1×FY 2018: 10.1×FY 2019: 13.2×FY 2020: 15.2×FY 2021: 14.9×FY 2022: 13.5×FY 2023: 11.2×FY 2024: 13.3×FY 2025: 12.3×FY 2026: 15.5×
FY 2017 5y median 13.3× FY 2026
EV/Sales 6.2×
FY 2017: 4.1×FY 2018: 3.5×FY 2019: 3.9×FY 2020: 4.3×FY 2021: 4.1×FY 2022: 4.8×FY 2023: 3.8×FY 2024: 4.6×FY 2025: 5.1×FY 2026: 6.2×
FY 2017 5y median 4.8× FY 2026
FCF Yield -5.9%
FY 2017: 4.9%FY 2018: 2.1%FY 2019: 1.2%FY 2020: -0.9%FY 2021: -1.1%FY 2022: 1.7%FY 2023: 0.0%FY 2024: -1.2%FY 2025: -5.3%FY 2026: -5.9%
FY 2017 5y median -1.2% FY 2026

Profitability

Gross Margin 55.2%
FY 2017: 84.1%FY 2018: 81.4%FY 2019: 78.9%FY 2020: 82.2%FY 2021: 83.9%FY 2022: 66.6%FY 2023: 60.2%FY 2024: 73.3%FY 2025: 77.4%FY 2026: 55.2%
FY 2017 5y median 66.6% FY 2026
Operating Margin 27.9%
FY 2017: 21.3%FY 2018: 22.9%FY 2019: 19.2%FY 2020: 19.1%FY 2021: 19.6%FY 2022: 23.9%FY 2023: 22.5%FY 2024: 22.5%FY 2025: 26.8%FY 2026: 27.9%
FY 2017 5y median 23.9% FY 2026
Net Margin 18.3%
FY 2017: 51.8%FY 2018: 23.3%FY 2019: 10.1%FY 2020: 8.7%FY 2021: 11.1%FY 2022: 12.9%FY 2023: 36.0%FY 2024: 11.5%FY 2025: 15.8%FY 2026: 18.3%
FY 2017 5y median 15.8% FY 2026
ROE 8.2%
FY 2017: 38.3%FY 2018: 18.9%FY 2019: 7.8%FY 2020: 6.5%FY 2021: 8.3%FY 2022: 9.9%FY 2023: 26.4%FY 2024: 7.7%FY 2025: 7.7%FY 2026: 8.2%
FY 2017 5y median 8.2% FY 2026
ROIC 3.7%
FY 2017: 4.4%FY 2018: 6.4%FY 2019: 4.0%FY 2020: 3.2%FY 2021: 3.7%FY 2022: 3.4%FY 2023: 4.3%FY 2024: 3.5%FY 2025: 3.8%FY 2026: 3.7%
FY 2017 5y median 3.7% FY 2026
ROA 3.0%
FY 2017: 11.8%FY 2018: 6.0%FY 2019: 2.4%FY 2020: 1.9%FY 2021: 2.4%FY 2022: 2.5%FY 2023: 8.4%FY 2024: 2.3%FY 2025: 2.7%FY 2026: 3.0%
FY 2017 5y median 2.7% FY 2026

Growth (YoY)

Revenue -3.5%
FY 2017: 13.8%FY 2018: 1.4%FY 2019: -2.1%FY 2020: -2.6%FY 2021: 1.6%FY 2022: 23.6%FY 2023: 18.6%FY 2024: -8.4%FY 2025: -7.4%FY 2026: -3.5%
FY 2017 FY 2026
Operating Income 0.2%
FY 2017: -0.5%FY 2018: 8.9%FY 2019: -17.8%FY 2020: -3.1%FY 2021: 4.1%FY 2022: 51.0%FY 2023: 11.6%FY 2024: -8.3%FY 2025: 10.3%FY 2026: 0.2%
FY 2017 FY 2026
EPS (diluted) 6.6%
FY 2017: 309.1%FY 2018: -54.7%FY 2019: -56.9%FY 2020: -18.2%FY 2021: 27.8%FY 2022: 41.3%FY 2023: 226.2%FY 2024: -73.1%FY 2025: 7.0%FY 2026: 6.6%
FY 2017 FY 2026
Free Cash Flow -50.7%
FY 2017: -1.7%FY 2018: -65.4%FY 2019: -36.3%FY 2020: -174.8%FY 2021: -16.0%FY 2022: 322.6%FY 2023: -99.2%FY 2024: -8666.7%FY 2025: -386.0%FY 2026: -50.7%
FY 2017 FY 2026

Financial Health

Current Ratio 0.8×
FY 2017: 1.3×FY 2018: 0.8×FY 2019: 0.9×FY 2020: 0.7×FY 2021: 1.1×FY 2022: 0.7×FY 2023: 1.0×FY 2024: 0.9×FY 2025: 1.3×FY 2026: 0.8×
FY 2017 5y median 0.9× FY 2026
Quick Ratio 0.7×
FY 2017: 1.3×FY 2018: 0.7×FY 2019: 0.8×FY 2020: 0.6×FY 2021: 1.0×FY 2022: 0.7×FY 2023: 0.9×FY 2024: 0.8×FY 2025: 1.3×FY 2026: 0.7×
FY 2017 5y median 0.8× FY 2026
Debt / Equity 1.2×
FY 2017: 1.4×FY 2018: 1.4×FY 2019: 1.5×FY 2020: 1.6×FY 2021: 1.6×FY 2022: 1.9×FY 2023: 1.5×FY 2024: 1.6×FY 2025: 1.3×FY 2026: 1.2×
FY 2017 5y median 1.5× FY 2026
Net Debt / EBITDA 6.6×
FY 2017: 5.8×FY 2018: 4.9×FY 2019: 6.4×FY 2020: 7.5×FY 2021: 7.7×FY 2022: 7.0×FY 2023: 5.9×FY 2024: 6.8×FY 2025: 6.1×FY 2026: 6.6×
FY 2017 5y median 6.6× FY 2026
Interest Coverage 3.8×
FY 2017: 3.0×FY 2018: 3.1×FY 2019: 2.8×FY 2020: 2.5×FY 2021: 2.9×FY 2022: 3.8×FY 2023: 2.9×FY 2024: 2.6×FY 2025: 2.7×FY 2026: 3.8×
FY 2017 5y median 2.9× FY 2026

Dividends

Dividend Yield 2.6%
FY 2017: 4.2%FY 2018: 16.2%FY 2019: 3.8%FY 2020: 2.8%FY 2021: 4.8%FY 2022: 2.2%FY 2023: 4.2%FY 2024: 3.9%FY 2025: 3.2%FY 2026: 2.6%
FY 2017 5y median 3.2% FY 2026
Payout Ratio 50.1%
FY 2017: 18.8%FY 2018: 126.4%FY 2019: 76.8%FY 2020: 70.6%FY 2021: 86.2%FY 2022: 39.2%FY 2023: 20.6%FY 2024: 75.0%FY 2025: 52.7%FY 2026: 50.1%
FY 2017 5y median 50.1% FY 2026

Annual · latest fiscal year ends 2026-03-31