National Grid Plc
Research National Grid Plc (NGG) on Bullrun: market cap USD 76.11B, dividend yield 4.2%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNGG
- ExchangeNYSE
- CountryUnited Kingdom
- SectorUtilities
- IndustryUtilities-Regulated Electric
- CurrencyUSD
- Market capUSD 76.11B
- Dividend yield4.2%
- Financial periodFY2026
- RevenueGBP 17.69B
- Revenue growth-3.8%
- Net incomeGBP 3.24B
- Free cash flow-GBP 2.75B
- Gross margin79.8%
Valuation Snapshot
latest market cap is USD 76.11B; dividend yield is 4.2%.
Peer valuation comparison
Latest dividend yield is 4.2% versus a Utilities sector median of 3.59% (16.8% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | GBP 17.69B | GBP 3.24B | -GBP 2.75B | 79.8% | 3.26 | GBP 375.00M | GBP 46.76B | GBP 39.30B |
| FY2025 | GBP 18.38B | GBP 2.90B | -GBP 2.50B | 77.4% | 0.61 | GBP 1.18B | GBP 47.54B | GBP 37.80B |
| FY2024 | GBP 19.85B | GBP 2.29B | -GBP 514.00M | 73.4% | 2.84 | GBP 548.00M | GBP 47.07B | GBP 29.87B |
| FY2023 | GBP 21.66B | GBP 7.80B | GBP 6.00M | 60.2% | 9.75 | GBP 126.00M | GBP 42.99B | GBP 29.54B |
| FY2022 | GBP 18.45B | GBP 2.35B | GBP 728.00M | 66.9% | 2.99 | GBP 190.00M | GBP 45.47B | GBP 23.83B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 76.11B | n/a | 4.2% | 3.24 |
| 2025 | 2025-12-31 | USD 76.76B | n/a | 4.0% | 3.13 |
| 2024 | 2024-12-31 | USD 58.07B | n/a | 5.9% | 3.51 |
| 2023 | 2023-12-29 | USD 54.57B | n/a | 5.2% | 3.54 |
| 2022 | 2022-12-30 | USD 48.04B | n/a | 5.2% | 3.12 |
| 2021 | 2021-12-31 | USD 56.92B | n/a | 4.8% | 3.44 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.24 USD, yield 4.2%.
| Year | Dividends/share |
|---|---|
| FY2026 | 2.17 GBP |
| FY2025 | 3.13 GBP |
| FY2024 | 3.51 GBP |
| FY2023 | 3.54 GBP |
| FY2022 | 3.12 GBP |
About National Grid Plc
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.
ETFs that hold National Grid Plc
National Grid Plc is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| Global X U.S. Electrification UCITS ETF USD Accumulating | 3.85% | 0.47% |
Related stock research
Other Utilities stocks
Frequently asked questions
What is National Grid Plc's market cap?
National Grid Plc's market capitalization is USD 76.11B.
Does National Grid Plc pay a dividend?
National Grid Plc has a dividend yield of 4.2%.
What does National Grid Plc do?
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.