High Inflation Is Positive for National Grid
National Grid owns and operates energy networks in the United States and the United Kingdom.
National Grid PLC ADR NGG
Bulls Say, Bears Say
Bulls
Persisting high inflation will boost earnings and dividends.
Bears
Macquarie-led consortium could not exercise its option to buy the remaining 40% of U.K. gas transmission. This would weaken the balance sheet and lead to a derating of the stock.
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News
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National Grid Opens Applications for DEI Engineering Scholarship and Internship Program
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National Grid Announces the Upstate Upgrade; Multi-Year Initiative Will Improve Grid Resilience, Deliver Significant Benefits for Customers, Local Economies
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National Grid Announces the Upstate Upgrade; Multi-year Initiative Will Improve Grid Resilience, Deliver Significant Benefits for Customers, Local Economies
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Gas Demand Response Program Creates Savings for Glens Falls Hospital | National Grid
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National Grid Makes $20,000 Donation To Support Boonville Park, Nonprofit Agency
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National Grid Launches Project C Community Commitment Youth Spaces Competition To Win $25,000
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National Grid Submits Final 'Future Grid' Plan To Empower Massachusetts’ Smarter, Stronger, Cleaner and More Equitable Energy Future
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National Grid Provides More Than $1 Million in Incentives to Gore Mountain for Energy Efficient Snow-Making Equipment
Trading Information
- Previous Close Price
- $65.85
- Day Range
- $66.27–67.12
- 52-Week Range
- $56.41–74.48
- Bid/Ask
- $66.54 / $66.64
- Market Cap
- $49.73 Bil
- Volume/Avg
- 378 / 380,004
Key Statistics
- Price/Earnings (Normalized)
- 15.77
- Price/Sales
- 1.91
- Dividend Yield (Trailing)
- 5.29%
- Dividend Yield (Forward)
- 5.29%
- Total Yield
- 5.37%
Company Profile
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Large Core
- Total Number of Employees
- 29,450
- Website
- https://www.nationalgrid.com
Competitors
Valuation
|
Metric
|
NGG
|
IBE
|
PPL
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.77 | 15.76 | 17.58 |
Price/Book Value | 1.34 | 1.66 | 1.38 |
Price/Sales | 1.91 | 1.51 | 2.31 |
Price/Cash Flow | 8.51 | 7.27 | 10.12 |
Price/Earnings
NGG
IBE
PPL
Financial Strength
|
Metric
|
NGG
|
IBE
|
PPL
|
|---|---|---|---|
Quick Ratio | 0.64 | 0.49 | 0.59 |
Current Ratio | 0.93 | 0.82 | 0.88 |
Interest Coverage | 2.81 | 4.14 | 2.34 |
Quick Ratio
NGG
IBE
PPL
Profitability
|
Metric
|
NGG
|
IBE
|
PPL
|
|---|---|---|---|
Return on Assets (Normalized) | 2.34% | 3.96% | 3.08% |
Return on Equity (Normalized) | 7.92% | 12.48% | 8.47% |
Return on Invested Capital (Normalized) | 4.62% | 6.41% | 5.87% |
Return on Assets
NGG
IBE
PPL
Utilities - Regulated Electric Industry Comparables
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|
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|
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