NGG
National Grid plc
There isn't enough reported data to score NGG yet.
NGG Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| Unavailable | |
| Unavailable |
NGG's profitability is currently strong. There isn't enough data to rate its revenue, cash flow and balance sheet.
NGG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $9.83 | -88% |
| Fair | 19x | $15.12 | -82% |
| Current | 19x | $83.60 | — |
| Expensive | 23x | $18.42 | -78% |
Historical ranges are pointers, not guarantees.
NGG's PE is 19x, but its earnings don't support one, so it isn't a reliable read right now.
NGG Forward outlook
There aren't enough analyst estimates for NGG to show an outlook.
NGG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2025 | $0.79 | +32% |
| Q1 2025 | $0.82 | 0% |
| Q3 2024 | $0.60 | -78% |
| Q1 2024 | $0.82 | -71% |
NGG's earnings per share have fallen from their peak: $0.79 over the past year, against $2.82 in early 2023.
NGG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $14.3B | +3.5% |
| Q3 2025 | $9.4B | -11% |
| Q1 2025 | $13.9B | -8.3% |
| Q3 2024 | $10.6B | -6.2% |
| Q1 2024 | $15.1B | -7% |
| Q3 2023 | $11.3B | -10% |
| Q1 2023 | $16.2B | +3.6% |
| Q3 2022 | $12.6B | +32% |
NGG's revenue is shrinking: $14.3B last quarter, down 5.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q1 2026 | 39% | +17 points |
| Q3 2025 | 22% | -1.8 points |
| Q1 2025 | 35% | +13 points |
| Q3 2024 | 16% | -7.3 points |
| Q1 2024 | 22% | -0.7 points |
| Q3 2023 | 23% | +4.6 points |
| Q1 2023 | 22% | +3.3 points |
| Q3 2022 | 24% | +6.4 points |
NGG's operating margin was 39% last quarter, up 17 points from the same quarter a year ago, near the top of its range since 2018.
NGG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | -$2.9B | -$2.1B |
| Q3 2025 | -$1.1B | +$738.3M |
| Q1 2025 | -$796.8M | -256% |
| Q3 2024 | -$1.8B | -$1.4B |
| Q1 2024 | $510.8M | -62% |
| Q3 2023 | -$464.3M | +$847.4M |
| Q1 2023 | $1.3B | +61% |
| Q3 2022 | -$1.3B | -$939.9M |
NGG has burned cash in six of the last eight quarters: −$6.6B over the past year, against $71M the year before.
NGG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -80% | -4B shares |
| 1 year | -73% | -2.7B shares |
| 3 years | +30% | +232M shares |
| 5 years | +44% | +303M shares |
| Available history | +44% | +306M shares |
NGG has 995M diluted shares, down 73% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q1 2022 | $1.3M |
| Q3 2021 | $2.7M |
| Q1 2021 | $158,237 |
| Q3 2020 | $2.6M |
| Q1 2020 | $5.6M |
| Q3 2019 | $2.7M |
| Q1 2019 | — |
NGG Net Leverage
NGG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.7 | Neutral |
| Stochastic | 78.2 | Neutral |
NGG's weekly RSI is 57 (neutral) and its Stochastic is 78 (neutral).
NGG PE vs Utilities Sector
| Metric | NGG | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 20x | 7.4% below |
| PE % | 49 | 44 | 5 pts above |
NGG is trading at 19x earnings, in line with the Utilities sector's median of 20x, though its earnings don't support one.
NGG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.2 | 4.2% above |
| 20 week MA | $80.3 | 4.1% above |
| 50 week MA | $82.6 | 1.2% above |
| 100 week MA | $75.8 | 10% above |
| 200 week MA | $70.5 | 19% above |
NGG is in an uptrend: it's above all five of its weekly moving averages, and 19% above its 200-week average.
NGG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $62.9 | $57.9 | -8% |
| 2021 | $57.9 | $72.4 | +25% |
| 2022 | $72.4 | $60.8 | -16% |
| 2023 | $60.8 | $68.0 | +12% |
| 2024 | $68.0 | $59.3 | -13% |
| 2025 | $59.3 | $77.6 | +31% |
| 2026 YTD | $77.6 | $83.6 | +7.7% |
NGG has finished lower in three of the last six years. It's up 7.7% so far in 2026.