NG.L National Grid plc
Stock · LSE · United Kingdom · Utilities · GB00BDR05C01
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Price history
Daily prices in GBP.
Updated 08 Nov 2026 14:39. Information, not advice.
Results
Quarterly results
| Date | EPS estimate | EPS reported | Surprise | Result |
|---|---|---|---|---|
| 13 May 2027 12:00 | — | — | — | Upcoming |
Annual results · GBP
| Year | Revenue | Change | Net income | Net margin | EPS | EPS change | Free cash flow |
|---|---|---|---|---|---|---|---|
| 2026 | 17.7B | -3.8% | 3.2B | 18.3% | 0.65 | +6.2% | -2.7B |
| 2025 | 18.4B | -7.4% | 2.9B | 15.8% | 0.61 | +8.3% | -2.5B |
| 2024 | 19.9B | -8.4% | 2.3B | 11.5% | 0.57 | -70.9% | -514M |
| 2023 | 21.7B | — | 7.8B | 36.0% | 1.95 | — | 6M |
Dates and earnings per share from the company reports as collected by the data provider; the estimate is the analysts' average before the report. Information, not advice.
Prices by day, week and month
| Period | Opening price | High | Low | Closing price | Change | Volume | Dividend |
|---|---|---|---|---|---|---|---|
| Oct 2024 | 10.30 | 10.50 | 9.67 | 9.76 | -5.22% | 211,764,310 | |
| Sep 2024 | 10.00 | 10.62 | 9.90 | 10.30 | +3.14% | 251,942,195 | |
| Aug 2024 | 9.90 | 10.08 | 9.54 | 9.99 | +1.28% | 228,262,866 | |
| Jul 2024 | 8.93 | 9.92 | 8.77 | 9.86 | +11.72% | 271,040,514 | |
| Jun 2024 | 9.05 | 9.20 | 8.35 | 8.83 | +0.02% | 402,961,543 | 0.3912 |
| May 2024 | 10.52 | 11.46 | 6.45 | 8.82 | -15.80% | 377,739,948 | |
| Apr 2024 | 10.81 | 10.86 | 10.01 | 10.48 | -1.69% | 196,107,081 | |
| Mar 2024 | 10.40 | 10.72 | 10.29 | 10.66 | +2.75% | 219,072,812 | |
| Feb 2024 | 10.48 | 10.77 | 9.93 | 10.38 | -1.66% | 206,212,330 | |
| Jan 2024 | 10.59 | 10.79 | 10.18 | 10.55 | -0.28% | 236,264,890 | |
| Dec 2023 | 10.27 | 11.00 | 10.23 | 10.58 | +2.97% | 236,343,384 | |
| Nov 2023 | 9.78 | 10.49 | 9.65 | 10.28 | +5.00% | 281,855,219 | 0.1783 |
| Oct 2023 | 9.83 | 10.00 | 9.18 | 9.79 | -0.14% | 155,654,343 | |
| Sep 2023 | 9.89 | 10.40 | 9.59 | 9.80 | -1.03% | 152,242,976 | |
| Aug 2023 | 10.33 | 10.33 | 9.40 | 9.90 | -4.00% | 184,104,374 | |
| Jul 2023 | 10.43 | 10.64 | 9.80 | 10.32 | -0.86% | 151,399,658 | |
| Jun 2023 | 10.67 | 10.89 | 10.27 | 10.41 | -5.92% | 205,018,257 | 0.3456 |
| May 2023 | 11.49 | 11.81 | 10.74 | 11.06 | -3.36% | 179,114,502 | |
| Apr 2023 | 10.98 | 11.62 | 10.82 | 11.45 | +4.38% | 132,269,720 | |
| Mar 2023 | 10.39 | 12.29 | 10.12 | 10.97 | +4.63% | 178,298,336 | |
| Feb 2023 | 10.30 | 10.91 | 10.09 | 10.48 | +2.24% | 131,859,866 | |
| Jan 2023 | 10.08 | 10.55 | 9.95 | 10.25 | +2.77% | 172,551,586 | |
| Dec 2022 | 10.25 | 10.33 | 9.85 | 9.97 | -1.69% | 130,030,859 | |
| Nov 2022 | 9.53 | 10.41 | 9.50 | 10.15 | +6.97% | 180,748,966 | 0.1640 |
| Oct 2022 | 9.20 | 9.55 | 8.44 | 9.48 | +1.87% | 195,573,051 |
Prices in GBP, adjusted for splits but not for dividends. Weeks run Monday to Friday and months follow the calendar; the change compares each close with the previous period's. Dividends are those whose ex-dividend date falls in the period, per share. Information, not advice.
News
- National Grid’s near-£50bn debt pile set to push up energy bills (opens in a new tab) The Telegraph · 08 Nov 2026 11:00
- National Grid Transco H1 Earnings Call Highlights (opens in a new tab) MarketBeat · 08 Nov 2026 08:14
- National Grid (NGG) Q2 2027 Earnings Call Transcript (opens in a new tab) Motley Fool · 05 Nov 2026 17:29
- Summer heatwaves caused blackouts, admits National Grid (opens in a new tab) The Telegraph · 05 Nov 2026 11:50
- National Grid raises earnings outlook as H1 EPS beats estimates (opens in a new tab) Investing.com · 05 Nov 2026 07:48
- National Grid (NGG) Makes $1.75 Billion Bet on US Data Center Power Demand (opens in a new tab) Insider Monkey · 14 Oct 2026 15:01
- National Grid (LSE:NG.) Stock Gets Fair Value Trim As Analysts Rework Assumptions (opens in a new tab) Simply Wall St. · 08 Oct 2026 03:11
- Burnham opens up energy network in challenge to National Grid (opens in a new tab) The Telegraph · 29 Sep 2026 15:34
Headlines link to the original articles of the publishers shown; NowoTrade does not write, check or endorse them. Only the most relevant news about each company is kept. Information, not advice.
Key data
- Previous close
- 12.86 GBP
- Market cap
- 62.8B
- Dividend yield
- 0.04%
- 5-year average yield
- 4.78%
- Payout ratio
- 72%
- Last dividend
- 0.0032 GBP · 28 May 2026
- Exchange
- LSE
- Country
- United Kingdom
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Currency
- GBP
Dividends
| Ex-dividend date | Per share |
|---|---|
| 28 May 2026 | 0.3214 GBP |
| 20 Nov 2025 | 0.1635 GBP |
| 29 May 2025 | 0.3088 GBP |
| 21 Nov 2024 | 0.1584 GBP |
| 06 Jun 2024 | 0.3912 GBP |
| 23 Nov 2023 | 0.1783 GBP |
| 01 Jun 2023 | 0.3456 GBP |
| 24 Nov 2022 | 0.1640 GBP |
| 01 Jun 2022 | 0.3103 GBP |
| 02 Dec 2021 | 0.1582 GBP |
| 03 Jun 2021 | 0.2956 GBP |
| 26 Nov 2020 | 0.1562 GBP |
Why this score
| Part of the score | Points | Why |
|---|---|---|
| Yield Dividends per year as a share of today's price. Very high yields count for less: they often signal trouble. | 0.2 / 25 |
|
| Dividend safety Can the company keep paying? The dividend against free cash flow and earnings, plus debt and interest cover. | 7.1 / 25 |
|
| Dividend growth How many years in a row the dividend has risen, and how fast. | 0.0 / 15 |
|
| Quality Return on equity, net margin and how stable the margins are. | 6.8 / 15 |
|
| Valuation Free cash flow yield and the P/E against its sector. | 4.6 / 10 |
|
| Analysts How far the analysts' average target is from today's price. | 2.8 / 5 |
|
- Score capped at 60: free cash flow was negative in two of the last three years
- Heavy debt: net debt is 6.3× EBITDA
- Revenue has fallen two years in a row
Income profile: it pays a dividend, so it is scored mainly on the dividend and how safe it is. Based on 95% of the figures (grade A). Warnings take 12 points off.
Warnings take points off and some cap the score. In your account the score also considers how the share fits your portfolio.
Figures
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| P/E (trailing) | 15.62× | Fair | 20.26× |
| P/E (forward) | 12.81× | Good | 18.1× |
| Price / book | 1.57× | Fair | 1.97× |
| Price / sales | 3.35× | Fair | 3.11× |
| EV / EBITDA | 14.32× | Fair | 13.24× |
| Free cash flow yield | -7.9% | Weak | -6.6% |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Gross margin | 100% | Good | 47.9% |
| Operating margin | 28.6% | Good | 25% |
| Net margin | 21.1% | Good | 13.2% |
| Return on equity | 10.3% | Fair | 9.8% |
| Return on assets | 3.3% | Fair | 2.9% |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Revenue growth / year | -6.5% | Weak | 3.7% |
| EPS growth / year | -30.6% | Weak | 6.5% |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Debt / equity | 1.32× | Fair | 1.48× |
| Net debt / EBITDA | 6.32× | Weak | 5.51× |
| Interest cover | 3.45× | Fair | 2.45× |
| Current ratio | 0.62× | Weak | 0.92× |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Payout of earnings | 72.1% | Weak | 58.8% |
| Dividend growth / year | -1.8% | Weak | 5.3% |
| Years of rising dividends | 0 | Weak | 11 |
The reading follows general rules of thumb and each sector has its own norms: compare with the sector median when it is shown. Information, not advice.
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