Valuation: National Grid plc

Capitalization 62.44B 83.96B 72.2B 66.09B 115B 8,109B 117B 784B 307B 3,828B 315B 308B 13,333B P/E ratio 2026
19.5x
P/E ratio 2027 * 14x
Enterprise value 106B 142B 123B 112B 196B 13,763B 199B 1,330B 520B 6,497B 535B 523B 22,630B EV / Sales 2026
3.57x
EV / Sales 2027 * 5.25x
Free-Float
95.49%
Yield 2026 *
3.85%
Yield 2027 * 3.94%
1 day+1.24%
1 week-1.51%
Current month-3.14%
1 month+1.37%
3 months-6.51%
6 months+11.64%
Current year+11.34%
1 week 1,187
Extreme 1187
1,284.5
1 month 1,187
Extreme 1187
1,322.8
Current year 1,135.5
Extreme 1135.5
1,428.5
1 year 1,000
Extreme 1000
1,428.5
3 years 645
Extreme 645
1,428.5
5 years 645
Extreme 645
1,428.5
10 years 645
Extreme 645
1,428.5
Manager TitleAgeSince
Chief Executive Officer 51 16/11/2025
Director of Finance/CFO 56 29/07/2018
Chief Tech/Sci/R&D Officer - -
Director TitleAgeSince
Director/Board Member 56 31/12/2018
Director/Board Member 68 31/12/2018
Director/Board Member 69 15/05/2019
Change 5d. change 1-year change 3-years change Capi.($)
+1.31%-1.51%+16.13%+15.02% 83.96B
-0.44%-0.48%+44.58%+88.54% 77.29B
+1.82%-2.61%-28.66%-27.97% 67.34B
+0.16%-0.24%+16.91%+25.44% 59.79B
-.--%-.--%-.--%-.--% 51.55B
-0.37%0.00%+69.92%+37.60% 46.55B
+0.94%+1.09%-1.65%+26.76% 38.9B
-2.45%+0.96%-34.71%+15.35% 37.43B
+0.38%-2.95%-2.23%+5.62% 35.66B
-0.28%-0.37%+10.26%+29.21% 30.08B
Average +0.10%-1.50%+9.05%+21.56% 52.85B
Weighted average by Cap. +0.26%-1.56%+11.36%+23.06%

Financials

2026 2027 *
Net sales 18.81B 25.3B 21.75B 19.91B 34.77B 2,443B 35.32B 236B 92.38B 1,153B 94.93B 92.92B 4,017B 21.47B 28.87B 24.82B 22.72B 39.67B 2,788B 40.31B 269B 105B 1,316B 108B 106B 4,584B
Net income 3.87B 5.2B 4.47B 4.09B 7.14B 502B 7.26B 48.51B 18.98B 237B 19.51B 19.1B 826B 4.47B 6.01B 5.17B 4.73B 8.26B 581B 8.4B 56.11B 21.96B 274B 22.56B 22.09B 955B
Net Debt 43.54B 58.54B 50.34B 46.08B 80.45B 5,654B 81.74B 546B 214B 2,669B 220B 215B 9,296B 50.21B 67.5B 58.05B 53.14B 92.77B 6,520B 94.26B 630B 247B 3,078B 253B 248B 10,720B
Logo National Grid plc
National Grid plc specializes in owning and operating electricity and gas networks. Net sales break down by activity as follows: - transmission and distribution of electricity and gas in the United States (59.8%); - electricity transmission in the United Kingdom (13.5%): owning, at the end of March 2025, a network of over 7,000 km of overhead power lines and over 300 substations; - electricity distribution in the United Kingdom (13.2%): electricity distribution (over 220,000 km of overhead lines and underground cables, and over 185,000 substations); - operation of electricity networks for transmission operators in the United Kingdom (5.5%); - other (8%): telecom and interconnection activities among the various domestic electrical networks, liquefied natural gas storage activities, etc. Net sales are distributed geographically as follows: the United Kingdom (36.5%) and the United States (63.5%).
Employees
31,654
Date Price Change Volume
21/05/26 1,269.00 p +1.12% 817,157
20/05/26 1,255.00 p +0.32% 28,022,180
19/05/26 1,251.00 p +1.58% 17,970,570
18/05/26 1,231.50 p +3.66% 24,708,950
15/05/26 1,188.00 p -7.94% 45,232,880
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
12.55GBP
Average target price
13.80GBP
Spread / Average Target
+9.93%

Quarterly revenue - Rate of surprise