National Grid plc

National Grid plc

NNGF.DE
National Grid plcDE flagDeutsche Börse
14.56
EUR
-0.09
- -
72.42BMarket Cap
National Grid plc
NNGF.DE
(Deutsche Börse)

Recent

price

14.56

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
4.26
3.89
3.93
3.98
4.05
3.53
4.01
4.05
4.05
3.55
3.57
4.71
5.44
4.94
3.9
3.58
3.84
Revenue per Share
0.64
0.54
0.59
0.67
0.54
0.69
2.08
0.94
0.41
0.34
0.43
0.6
1.96
0.57
0.62
0.66
1.07
Basic EPS, GAAP
0.51
0.25
0.1
0.24
0.46
0.62
0.46
0.16
0.1
0.01
-0.04
0.19
- -
-0.13
-0.53
-0.56
- -
Free Cash Flow per Basic Share
0.25
0.28
0.22
0.28
0.34
0.36
0.39
1.19
0.31
0.24
0.37
0.24
0.4
0.43
0.32
0.33
- -
Dividend per Share
3.73
3.58
3.71
4.12
4.08
4.47
6.14
5.86
6.1
5.94
6.17
6.92
8.06
8.11
8.66
8.6
3.08
Book Value per Share
1.13
1.1
1.26
1.79
1.6
1.97
3.56
3.32
3.56
3.4
3.61
2.82
4.05
4.17
5.25
5.26
0.4
Tangible Book Value per Share
3,369
3,556
3,654
3,719
3,756
3,745
3,753
3,766
3,684
3,766
3,833
3,916
3,981
4,017
4,707
4,946
2,996
Basic Weighted Avg Shares
14,343
13,832
14,359
14,809
15,201
13,212
15,035
15,250
14,933
13,360
13,665
18,449
21,659
19,850
18,378
17,687
11,507
Sales/Revenue/Turnover
41.91
42.87
47.62
44.03
42.66
24.33
35.59
22.71
23.05
20.06
17.64
23.72
22.54
23.51
29.64
32.17
-1.69
Operating Margin (%)
1,245
1,282
1,361
1,417
1,494
1,311
1,481
1,530
1,588
1,435
1,485
1,830
1,984
2,061
2,479
2,247
- -
Depreciation Expense
2,159
1,917
2,153
2,476
2,019
2,591
7,795
3,550
1,511
1,264
1,640
2,353
7,797
2,290
2,902
3,241
3,203
Net Income, GAAP
17.57
19.44
20.55
10.33
23.48
18.33
17.12
- -
18.41
26.43
21.63
36.56
24.4
27.26
22.49
22.45
- -
Effective Tax Rate (%)
15.05
13.86
14.99
16.72
13.28
19.61
51.85
23.28
10.12
9.46
12
12.75
36
11.54
15.79
18.32
27.83
Profit Margin (%)
-486
-598
2,131
158
-1,343
-1,409
3,063
-2,016
-1,183
-2,763
570
-6,807
-17
-1,010
3,711
-2,312
-1,711
Working Capital
20,246
20,533
24,647
22,439
22,882
24,733
23,142
22,178
24,258
26,722
27,483
33,344
40,030
42,213
42,877
42,855
17,121
LT Debt
9,069
9,246
10,234
11,919
11,974
13,565
20,384
18,848
19,568
19,793
19,860
23,856
29,562
29,892
37,826
39,330
5,374
Total Equity
15.69
14.47
15.18
15.28
13.01
6.53
9.69
- -
6.01
4.01
3.74
4.65
5.22
4.54
5.18
5.13
- -
Return on Invested Capital (%)
12.3
8.15
8.03
8.64
7
7.73
17.95
- -
4.76
3.83
4.34
4.84
12.28
4.58
5.12
5.09
- -
Return on Capital (%)
21.39
15.16
16.38
17.13
13.18
16.16
39.19
15.75
6.79
5.64
7.13
9.28
26.34
7.08
7.92
7.78
37.28
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'08
Dec'08
Mar'08
ST Debt
3,046
- -
3,882
LT Borrowings
16,038
- -
17,121
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,927
- -
2,830
Market Capitalization
- -
24,224
26,113

Working Capital

FRC

in mil. unless spec.
Sep'08
Dec'08
Mar'08
Total Current Assets
6,124
- -
5,435
Cash, Cash Equivalents & STI
2,203
- -
2,699
Accounts Receivable, Net
1,558
- -
2,265
Inventories
672
- -
438
Total Current Liabilities
5,680
- -
7,146
Payables & Accruals
- -
- -
- -
ST Debt
3,046
- -
3,882
Deferred Revenue
59
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.37%
15.14%
3.98%
Free Cash Flow
-974.4%
-1,793.03%
9.93%
Net Income, GAAP
34.5%
48.52%
11.68%
Sales/Revenue/Turnover
3.78%
6.58%
-3.76%
Total Cash Common Dividend
21.89%
8.32%
6.15%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
19,850
2025
- -
- -
- -
- -
18,378
2026
- -
- -
- -
- -
17,687

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.57
2025
- -
- -
- -
- -
0.62
2026
- -
- -
- -
- -
0.66

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.43
2025
- -
- -
- -
- -
0.32
2026
- -
- -
- -
- -
0.33
Business
National Grid plc National Grid plc (NNGF.DE) is a British multinational electricity and gas utility company that owns and operates high-voltage electricity transmission networks in England and Wales; electricity distribution networks serving nearly 8 million customers in the East Midlands, West Midlands, South West England, and Wales through its National Grid Electricity Distribution (formerly Western Power Distribution); natural gas transmission networks across Great Britain; electricity and gas distribution and transmission networks in the Northeastern United States, including New York and Massachusetts via subsidiaries such as Niagara Mohawk Power, Massachusetts Electric, and Boston Gas; and electricity interconnectors such as BritNed with the Netherlands and IFA with France. Headquartered in London, United Kingdom, the company traces its origins to 1990 when transmission activities from the Central Electricity Generating Board were transferred to the National Grid Company plc, with operations spanning the UK and US Northeast serving over 20 million customers. It focuses on utility companies, power generators, large industrial users, residential, commercial, and industrial customers in regulated energy markets. National Grid plc invests heavily in infrastructure, committing £60 billion from 2024 to 2029 (£29 billion in the UK and £31 billion in the US) to modernize networks, support renewables integration, and meet rising power demand, including progress on six Wave 1 Accelerated Strategic Transmission Investment projects, planning approvals for Wave 2 initiatives like Norwich to Tilbury, and the Smart Path Connect upgrade of over 100 miles of lines in upstate New York. Recent divestitures streamline its portfolio to prioritize core networks: it sold National Grid Renewables US onshore renewables business to Brookfield Asset Management for $2.1 billion in May 2025; agreed to sell Grain LNG terminal at Isle of Grain to a consortium of Energy Capital Partners and Centrica plc for £1.5-1.66 billion enterprise value, with the deal announced in August 2025; completed full divestment of its stake in National Gas (UK gas transmission) by September 2024; and divested UK gas distribution interests to Cadent Gas by 2019. Supply chain advancements include an £8 billion Electricity Transmission Partnership for substations, a £12 billion HVDC framework, and over $3 billion in New England capital works partnerships, alongside achieving £100 million in synergies from the 2021 Western Power Distribution acquisition six months early.