National Grid Plc
NGG NYSE· Natural Gas Transmission
Last close · Oct 30, 2026
$83.95
KIRA · Stoqly’s AI analyst, in plain words
- National Grid Plc had $23.7B of revenue in fiscal 2026, up 1.1% on the year before. Over five years, revenue changed +5.8% a year on average.
- Its operating margin was 30.7%, up 3.9 pts: of every 100 in sales, about 31 is left after running the business.
- National Grid Plc made $4.3B of net profit in fiscal 2026. From fiscal 2017 to 2026, diluted EPS grew −11.7% a year.
- National Grid Plc returned $2.2B to shareholders in fiscal 2026. The diluted share count rose 5.1%.
- National Grid Plc owes $61.4B more than it holds in cash, about 6.0 years of operating profit.
Market cap
$83.5B
P/E
19.2x
Revenue
$23.7B
Net income
$4.3B
Free cash flow
—
Operating margin
30.7%
National Grid Plc in 30 seconds · fiscal 2026
Are sales growing?
+1.1%
Only a little. Sales grew 1.1% last year.
Does it make a profit?
18.3%
Yes. It keeps 18.3% of every sale as profit.
Is debt under control?
6.0x
Heavy. Repaying its debt would take 6.0 years of operating profit.
How is the share priced?
19.2x
One share costs 19.2 times its yearly profit per share.
What National Grid Plc does
No business description yet.
- Fiscal year ends
- March 31, 2026
- Latest annual report
- 20-F · Jun 3, 2026
- Legal name
- NATIONAL GRID PLC
- CIK
- 0001004315
National Grid Plc · NGG · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $25.2B | $26.1B | $24.9B | $23.4B | $23.7B |
| Revenue growth | 41.3% | 3.4% | −4.3% | −6.0% | 1.1% |
| Operating margin | 23.7% | 22.5% | 22.5% | 26.8% | 30.7% |
| Net income | $3.2B | $9.4B | $2.9B | $3.7B | $4.3B |
| Net margin | 12.8% | 36.0% | 11.5% | 15.8% | 18.3% |
| Diluted EPS | $4.44 | $11.81 | $3.59 | $3.92 | $4.37 |
| Cash | |||||
| Capital expenditure | $7.0B | $7.6B | $8.7B | $11.2B | $13.4B |
| Dividends paid | $1.3B | $1.9B | $2.2B | $2.0B | $2.2B |
| Share count change | 2.1% | 9.9% | 0.9% | 18.0% | 5.1% |
| Debt and strength | |||||
| Cash and short-term investments | $268M | $202M | $707M | $1.5B | $497M |
| Debt incl. finance leases | $59.7B | $53.2B | $59.5B | $61.5B | $61.9B |
| Shareholders' equity | $31.3B | $36.5B | $37.8B | $48.9B | $52.0B |
| Net debt / EBITDA | 7.0x | 6.4x | 7.2x | 6.6x | 6.0x |
| Current ratio | 0.7x | 1.0x | 0.9x | 1.3x | 0.8x |
| Interest coverage | 4.1x | 3.1x | 2.6x | 2.7x | 3.2x |
| Returns and quality | |||||
| Return on capital | 4.3% | 5.0% | 4.2% | 4.5% | 5.0% |
| Return on equity | 11.0% | 27.7% | 7.7% | 8.5% | 8.6% |
| Return on tangible equity | 22.2% | 47.2% | 13.6% | 11.6% | 12.6% |
| Altman Z'' | 1.1 | 1.9 | 1.8 | 2.3 | 2.1 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
National Grid Plc · NGG · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $83.95 a share, the company is worth $83.5B: 19.2 times its earnings of the last four quarters.
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001004315). Latest version: stoqly.net/companies/ngg. Data updated November 1, 2026. Filed in GBP under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.