National Grid PLC
Research National Grid PLC (NNGF) on Bullrun: market cap EUR 70.53B, P/E 18.2, dividend yield 4.3%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNNGF
- ExchangeHM
- CountryUnited Kingdom
- SectorUtilities
- IndustryUtilities-Regulated Electric
- CurrencyEUR
- Market capEUR 70.53B
- P/E18.2
- Dividend yield4.3%
- 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 EUR 70.53B; P/E is 18.2; dividend yield is 4.3%.
Peer valuation comparison
Latest P/E is 18.22x versus a Utilities sector median of 17.14x (6.3% above).
Latest dividend yield is 4.25% versus a Utilities sector median of 3.61% (17.7% 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% | 0.65 | GBP 375.00M | GBP 46.76B | GBP 39.30B |
| FY2025 | GBP 18.38B | GBP 2.90B | -GBP 2.50B | 77.4% | n/a | GBP 1.18B | GBP 47.54B | GBP 37.80B |
| FY2024 | GBP 19.85B | GBP 2.29B | -GBP 514.00M | 73.4% | 0.57 | GBP 548.00M | GBP 47.07B | GBP 29.87B |
| FY2023 | GBP 21.66B | GBP 7.80B | GBP 6.00M | 60.2% | 1.96 | GBP 126.00M | GBP 42.99B | GBP 29.54B |
| FY2022 | GBP 18.45B | GBP 2.35B | GBP 728.00M | 66.9% | 1.96 | GBP 190.00M | GBP 45.47B | GBP 23.83B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-14 | EUR 70.53B | 18.2 | 4.0% | 0.57 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.57 EUR, yield 4.3%.
| Year | Dividends/share |
|---|---|
| FY2026 | 0.37 GBP |
| FY2025 | 0.19 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.
Related stock research
Other Utilities stocks
Frequently asked questions
What is National Grid PLC's market cap?
National Grid PLC's market capitalization is EUR 70.53B.
What is National Grid PLC's P/E ratio?
National Grid PLC's price-to-earnings (P/E) ratio is 18.2.
Does National Grid PLC pay a dividend?
National Grid PLC has a dividend yield of 4.3%.
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.