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National Grid PLC ADR

National Grid PLC ADR

NGG · NYSE · Utilities / Utilities - Regulated Electric

84.29USD+0.69 (+0.83%)

Price History

Full chart

Market Stats

Previous Close83.60
Open83.81
Day Range83.81 – 84.69
52-Week Range71.32 – 92.22
Volume615.30K
Market Cap82.66B
P/E (TTM)18.73
Forward P/E13.93
EPS4.39
Dividend Yield3.94%
Beta0.58
50-Day Avg78.17
200-Day Avg83.27

About

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.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Electric
  • CEOMs. Zoe Alexandra Yujnovich
  • Employees33.03K
  • Headquarters1-3 Strand, London, United Kingdom, WC2N 5EH, USA
  • Websitehttps://www.nationalgrid.com

Leadership

  • Ms. Zoe Alexandra YujnovichCEO & Director · b. 1975
  • Mr. Andrew Jonathan AggCFO & Executive Director · b. 1969
  • Ms. Alice Kyne DelahuntyChief Technology & Innovation Officer · b. 1981
  • Mr. Talvis P. LoveChief Information & Digital Officer · b. 1969
  • Angela BroadDirector of Investor Relations
  • Ms. Justine CampbellChief Legal officer · b. 1970
  • Ms. Emma Hardaker-JonesChief People Officer · b. 1973
  • Ms. Cordelia O'Hara O.B.E.President of UK Electricity Distribution & Transmission Businesses · b. 1974
  • Mr. Benjamin Hollis WilsonPresident of National Grid Ventures & Chief US External Affairs Officer · b. 1974
  • Ms. Sarah Orban SalatiChief Commercial Officer of NGV North East Team

Financials

Income Statement

Currency: GBP1993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue1.39B1.43B1.43B1.49B1.46B1.61B1.51B1.61B6.89B7.55B9.40B9.03B8.52B9.19B8.78B11.50B15.69B14.01B14.34B13.83B14.36B14.81B15.20B13.21B15.04B15.25B14.93B13.36B18.45B18.45B21.66B19.85B18.38B17.97B
Growth (%)-+2.39%+0.23%+4.11%-1.98%+10.42%-5.92%+6.64%+326.77%+9.62%+24.44%-3.90%-5.67%+7.89%-4.51%+30.99%+36.43%-10.71%+2.40%-3.56%+3.81%+3.13%+2.65%-13.08%+13.80%+1.43%-2.08%-10.53%+38.09%0.00%+17.40%-8.35%-7.42%-2.19%
Cost of Revenue-------1.41B3.98B5.09B10.95B11.10B-1.14B4.55B6.26B6.36B10.49B3.81B3.50B2.97B2.46B3.22B3.10B2.29B2.38B2.84B3.15B4.04B6.10B6.10B8.62B5.27B4.15B12.10B
Gross Profit1.39B1.43B1.43B1.49B1.46B1.61B1.51B1.61B3.80B4.40B9.40B9.03B8.52B4.64B2.51B5.14B5.20B10.19B10.84B10.86B11.90B11.59B12.10B10.92B12.65B12.41B11.79B9.32B12.35B12.35B13.04B14.58B14.23B5.87B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%55.14%58.26%100.00%100.00%100.00%50.49%28.63%44.68%33.14%72.76%75.58%78.54%82.90%78.26%79.60%82.67%84.14%81.39%78.92%69.79%66.95%66.95%60.19%73.44%77.42%32.66%
Operating Expense837.50M839.70M824.70M830.70M741.40M1.07B936.80M497.10M2.20B4.06B7.70B7.20B6.67B2.20B02.25B2.58B6.90B7.10B7.33B8.15B7.86B8.32B7.70B9.44B8.92B8.91B7.04B7.98B7.98B8.16B10.10B9.29B0
Operating Income554.30M585.30M603.60M656.30M716.10M535.80M577.40M1.12B1.60B340.00M1.70B1.84B1.85B2.44B2.51B2.89B2.62B3.29B3.75B3.54B3.75B3.73B3.78B3.23B3.21B3.49B2.87B2.28B4.37B4.37B4.88B4.47B4.93B5.87B
Operating Margin39.83%41.07%42.26%44.14%49.13%33.29%38.13%69.21%23.25%4.50%18.04%20.34%21.73%26.53%28.63%25.13%16.72%23.51%26.11%25.56%26.11%25.22%24.87%24.41%21.34%22.90%19.22%17.06%23.69%23.69%22.53%22.54%26.85%32.66%
EBITDA749.30M790.10M807.40M820.60M831.70M694.10M708.20M721.40M1.91B698.50M1.80B1.94B2.69B-1.16B4.53B5.22B4.98B5.56B6.37B4.90B5.28B5.39B5.25B4.55B4.74B5.33B4.45B3.83B6.17B6.43B7.25B6.83B7.65B7.82B
EBITDA Margin53.84%55.45%56.53%55.18%57.06%43.13%46.77%44.68%27.74%9.25%19.13%21.43%31.61%-12.62%51.61%45.41%31.75%39.72%44.40%35.45%36.75%36.38%34.52%34.48%31.52%34.95%29.81%28.70%33.46%34.84%33.49%34.42%41.60%43.48%
Net Income381.30M439.80M434.80M422.30M415.20M468.30M985.40M1.12B1.12B-340.00M351.00M1.07B908.00M3.85B1.39B3.19B944.00M1.39B2.16B1.92B2.15B2.48B2.02B2.59B7.79B3.55B1.51B1.26B2.35B2.35B7.80B2.29B2.90B3.29B
Net Income Margin27.40%30.86%30.44%28.40%28.49%29.10%65.08%69.49%16.24%-4.50%3.73%11.89%10.66%41.88%15.88%27.74%6.02%9.90%15.05%13.86%14.99%16.72%13.28%19.61%51.85%23.28%10.12%9.46%12.75%12.75%36.00%11.54%15.79%18.32%
R&D7.90M8.00M8.30M8.40M7.90M7.80M8.40M7.80M8.10M6.20M-10.00M8.86M7.15M5.82M13.09M11.61M19.96M15.52M15.08M15.61M11.54M24.92M19.97M14.61M12.25M19.04M14.39M11.34M11.45M22.39M32.03M42.40M-
R&D as % of Total Revenue0.57%0.56%0.58%0.56%0.54%0.48%0.55%0.48%0.12%0.08%-0.11%0.10%0.08%0.07%0.11%0.07%0.14%0.11%0.11%0.11%0.08%0.16%0.15%0.10%0.08%0.13%0.11%0.06%0.06%0.10%0.16%0.23%-
Interest Expense99.80M81.00M52.20M56.70M78.60M96.80M129.00M138.00M329.40M320.70M1.00B876.00M745.14M714.98M724.98M959.65M1.34B942.20M1.11B1.07B1.04B982.40M1.03B772.37M933.21M942.39M929.01M1.01B685.03M1.07B1.38B1.35B1.38B1.32B
Interest Expense % of Total Revenue7.17%5.68%3.65%3.81%5.39%6.01%8.52%8.55%4.78%4.25%10.65%9.70%8.74%7.78%8.26%8.35%8.53%6.73%7.71%7.74%7.21%6.63%6.78%5.85%6.21%6.18%6.22%7.54%3.71%5.78%6.39%6.78%7.48%7.33%

Balance Sheet

Currency: GBP1993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets3.07B3.31B3.19B3.19B3.35B3.42B5.09B8.77B9.98B17.42B24.94B23.40B27.56B25.92B28.39B37.77B44.47B43.55B46.40B47.34B54.70B52.38B55.09B58.93B65.84B58.79B63.41B67.56B67.22B94.86B92.70B98.33B106.74B108.29B
Total Liabilities1.67B1.61B1.22B2.09B1.96B2.49B3.14B5.82B6.46B14.12B23.71B22.13B25.44B22.43B24.25B32.40B40.48B39.34B37.33B38.09B44.47B40.47B43.12B45.37B45.46B39.94B43.84B47.77B47.36B71.00B63.13B68.43B68.92B68.95B
Total Equity1.40B1.70B1.97B1.10B1.39B929.40M1.95B2.91B3.48B3.20B1.15B1.22B2.11B3.48B4.13B5.36B3.97B4.20B9.06B9.24B10.23B11.91B11.97B13.56B20.37B18.83B19.55B19.77B19.84B23.83B29.54B29.87B37.80B39.30B
Cash510.80M370.40M84.20M60.50M194.90M50.00M1.52B1.01B271.20M212.60M601.00M616.00M272.00M1.45B1.59B174.00M737.00M720.00M384.00M332.00M671.00M354.00M119.00M127.00M1.14B329.00M252.00M73.00M145.00M190.00M126.00M548.00M1.18B375.02M
Total Debt650.00M650.00M350.00M1.10B804.00M1.32B1.64B3.01B3.76B8.12B14.26B13.46B11.05B10.29B14.69B17.12B23.54B22.32B20.25B20.53B25.75B25.95B77.46B28.34B28.64B26.63B28.73B30.79B31.22B45.47B42.98B47.07B47.54B46.76B
Net Debt139.20M279.60M265.80M1.04B609.10M1.27B112.80M1.99B3.48B7.91B13.65B12.85B10.78B8.84B13.09B16.95B22.80B21.60B19.86B20.20B25.07B25.60B24.37B26.15B27.50B26.30B28.48B30.72B31.07B45.27B42.86B46.52B46.36B46.38B

Cash Flow

Currency: GBP1993-03-311994-03-311995-03-311996-03-311997-03-311998-03-311999-03-312000-03-312001-03-312002-03-312003-03-312004-03-312005-03-312006-03-312007-03-312008-03-312009-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow408.40M455.10M506.50M-952.30M694.70M-508.60M151.30M149.90M83.40M554.40M1.82B1.42B2.51B2.32B2.29B2.49B2.83B3.73B3.81B3.55B3.13B3.07B4.66B4.99B4.74B3.53B3.55B4.62B4.46B6.27B6.90B5.64B5.27B6.33B
Investing Cash Flow-484.20M-419.30M-132.00M-178.80M-500.10M88.40M-860.70M-897.10M-264.60M-1.81B-1.54B-1.29B-2.93B4.00B-4.15B-3.25B-2.42B-2.49B-4.67B-2.43B-6.43B-1.35B-2.29B-4.34B-4.66B2.01B-3.18B-3.19B-5.12B-14.01B240.00M-7.83B-10.87B-4.57B
Financing Cash Flow200.10M-135.60M-447.80M1.07B-216.00M503.90M687.60M773.60M-127.60M216.60M174.00M-240.00M430.15M-5.12B2.03B-692.80M221.78M-1.26B531.69M-1.17B3.65B-1.99B-2.63B-648.37M944.69M-6.31B-450.98M-1.61B750.00M7.77B-7.17B2.62B6.36B-2.73B
Capital Expenditure382.30M343.70M377.30M285.30M285.00M291.40M317.80M284.60M483.40M527.80M1.52B1.40B1.40B1.69B2.12B2.85B3.61B3.16B2.87B3.16B3.35B2.83B3.33B3.00B3.44B3.52B3.64B4.29B4.21B5.10B6.33B6.91B8.66B10.15B
Free Cash Flow26.10M111.40M129.20M-1.24B409.70M-800.00M-166.50M-134.70M-400.00M26.60M306.00M22.00M1.11B625.10M170.81M-363.52M-777.97M572.46M941.13M383.96M-214.43M237.43M1.32B1.99B1.30B10.37M-95.21M327.00M252.00M1.17B573.00M-1.27B-3.39B-3.82B
Dividends Paid-------197.60M216.00M238.00M571.00M560.00M618.16M760.94M708.48M785.44M973.05M722.67M832.46M1.01B843.14M1.02B1.38B1.40B1.53B4.23B1.16B892.00M1.41B922.00M1.61B1.72B1.51B1.65B
FCF to OCF6.39%24.48%25.51%129.96%58.98%157.29%-110.05%-89.86%-479.62%4.80%16.78%1.55%44.06%26.97%7.45%-14.61%-27.49%15.34%24.69%10.82%-6.85%7.74%28.42%39.92%27.40%0.29%-2.68%7.08%5.65%18.72%8.31%-22.50%-64.23%-60.26%
Dividend Paid to FCF--------146.70%-54.00%894.74%186.60%2545.45%55.87%121.73%414.77%-216.07%-125.07%126.24%88.45%263.35%-393.20%428.74%104.10%70.48%117.60%40790.90%-1221.05%272.78%560.71%78.53%280.45%-135.49%-44.53%-43.21%

Earnings

Report DateDec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Nov 7, 2014May 21, 2015Sep 30, 2015Nov 10, 2015May 19, 2016Sep 30, 2016Nov 9, 2016Mar 31, 2017May 18, 2017Sep 30, 2017Nov 9, 2017Mar 31, 2018May 17, 2018Sep 30, 2018Nov 8, 2018Mar 31, 2019May 16, 2019Sep 30, 2019Nov 14, 2019Mar 31, 2020Jun 18, 2020Sep 30, 2020Nov 12, 2020Mar 31, 2021May 20, 2021Sep 30, 2021Nov 18, 2021May 19, 2022Nov 10, 2022Mar 1, 2023May 18, 2023Aug 30, 2023Nov 9, 2023Mar 19, 2024May 23, 2024Aug 28, 2024Nov 7, 2024Feb 26, 2025May 29, 2025Sep 3, 2025Nov 6, 2025Feb 25, 2026Nov 5, 2026
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.001.580.002.170.000.000.000.000.000.000.000.000.000.000.00-
EPS Actual0.330.340.190.190.280.240.220.230.280.260.270.290.290.300.220.210.250.240.230.000.550.160.240.180.280.120.190.600.850.080.130.2058.900.0715.500.160.090.0917.200.2054.200.070.000.001.720.002.360.000.000.000.000.000.000.130.460.000.000.00-
Surprise--------------------------------------------8.86%-8.76%------------
Timing-------------------------------------------------Pre-market--------After-hours

Key Statistics & Ratios

Market Cap82.66B
Enterprise Value141.22B
Trailing P/E18.73
Forward P/E13.93
PEG Ratio1.05
Price / Sales4.67
Price / Book1.58
EPS4.39
Book Value8.82
Revenue (TTM)17.69B
Gross Profit (TTM)17.69B
EBITDA7.03B
Profit Margin18.32%
Operating Margin32.60%
Return on Equity8.41%
Return on Assets3.01%
Shares Outstanding1.01B
Shares Float5.92B
Beta0.58
Dividend Yield3.94%
Dividend Rate3.24
Payout Ratio71.97%

Analyst Ratings

Buy
Based on 5 analystsTarget 89.94
  • Strong Buy
    2
  • Buy
    1
  • Hold
    1
  • Sell
    1

Ownership Breakdown

Institutions
6.48%
Insiders
0.08%
Retail / Other
93.44%

Top Institutional Holders

  • Bank of America Corp
    4.81M0.48%
  • FMR Inc
    4.73M0.47%
  • JPMorgan Chase & Co
    3.71M0.37%
  • Morgan Stanley - Brokerage Accounts
    3.58M0.36%
  • Natixis Advisors, LLC.
    2.44M0.24%
  • Federated Hermes Inc
    2.40M0.24%
  • JONES FINANCIAL COMPANIES LLLP
    2.27M0.23%
  • WCM Investment Management
    2.19M0.22%
  • The Goldman Sachs Group Inc
    2.18M0.22%
  • Royal Bank of Canada
    2.17M0.22%
  • Renaissance Technologies Corp
    1.89M0.19%
  • Northern Trust Corp
    1.85M0.18%
  • BlackRock Inc
    1.54M0.15%
  • Milford Funds Limited
    1.53M0.15%
  • Wells Fargo & Co
    1.46M0.15%
  • Brandes Investment Partners & Co
    1.35M0.13%
  • Connor Clark & Lunn Inv Mgmt Ltd
    1.08M0.11%
  • 40 North Industries LLC
    925.00K0.09%
  • Dimensional Fund Advisors, Inc.
    915.84K0.09%
  • LPL Financial Corp
    872.76K0.09%

Dividends

20261×
2.17May 29, 2026
20252×
1.07Nov 21, 20252.06May 30, 2025
20243×
1.02Nov 22, 20242.49Jun 7, 20243.51May 31, 2024
20232×
1.19Nov 22, 20232.35Jun 1, 2023
20222×
1.03Nov 23, 20222.09Jun 3, 2022
20212×
1.16Dec 2, 20212.28Jun 3, 2021
20202×
1.13Nov 25, 20202.01Jul 1, 2020
20192×
1.07Nov 27, 20192.03May 30, 2019
20182×
1.06Nov 21, 20182.06May 31, 2018
20173×
1.02Nov 22, 20171.89May 31, 20175.42May 17, 2017
20162×
1.03Nov 22, 20162.23Jun 1, 2016
20151×
1.24Nov 24, 2015

Stock Splits

  • May 22, 2017916:1000