OakChart

National Grid Plc ADR

NGGUtilities·Utilities - Regulated Electric·United Kingdom·Large·NYSE·Nov 11 • 3:59 PM ET

83.26-0.36 (-0.43%)
2026-11-12 02:06 CET
Market cap
83,708.77 USD m
Revenue, TTM
24,957.61 USD m
Net income, TTM
5,316.07 USD m
Free cash flow, TTM
-6,066.74 USD m
EPS diluted, TTM
5.33
P/E
15.63
Compare

Price

NGG against its 20, 50 and 200-day averages
2050200missearnings
75.0080.0085.003.5M7.1MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26NGGclose 83.2620-day 82.6150-day 78.98200-day 83.4583.2652w low

12.0% under the 52-week high of 94.64 on 27 Feb 2026. 52-week low 73.37 on 24 Nov 2025. Last 15 sessions, 8.1% high to low

Volume 0.84× normal · the line is the 50-bar volume average

Profile

NGG
52-week range, 46% of the way up
73.3794.64

National Grid Plc engages in the transmission and distribution of electricity and gas. It operates through the following segments: UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York. The UK Electricity Transmission segment focuses on the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes networks of WPD in the East Midlands, West Midlands and South West of England and South Wales. The UK Electricity System Operator segment deals with the Great Britain system operation. The New England segment is involved in gas distribution networks, electricity distribution networks and high-voltage electricity transmission networks in New England. The New York segment is composed of gas distribution networks, electricity distribution networks and high-voltage electricity transmission networks in New York. The company was founded in 1990 and is headquartered in London, the United Kingdom.

Employees33026
IPOOct 07, 1999
Beta0.68
ATR, 14d1.50
Rel volume0.84
Short float0.13%
Insider own0.00%
Inst own6.15%

Snapshot

6 groups

Valuation

Index-
Market Cap83.71B
Enterprise Value147.39B
Income5.32B
Sales24.96B
Book/sh52.56
Cash/sh4.39
Dividend Est.3.35 (4.02%)
Dividend TTM3.24 (3.89%)
Dividend Ex-DateNov 20, 2026
Dividend Gr. 3/5Y-1.41% -1.03%
Payout73.10%
Employees33026
IPOOct 07, 1999

Ratios

P/E15.63
Forward P/E12.55
PEG1.09
P/S3.35
P/B1.58
P/C18.96
P/FCF-
EV/EBITDA13.89
EV/Sales5.91
Quick Ratio0.55
Current Ratio0.62
Debt/Eq1.29
LT Debt/Eq1.15
Option/ShortYes / Yes

Earnings

EPS (ttm)5.33
EPS next Y6.63
EPS next Q3.83
EPS this Y15.97%
EPS next Y8.76%
EPS next 5Y11.53%
EPS past 3/5Y-28.05% 9.47%
Sales past 3/5Y-3.13% 5.85%
EPS Y/Y TTM41.75%
Sales Y/Y TTM9.88%
EPS Q/Q114.88%
Sales Q/Q13.31%
EarningsNov 05 BMO
EPS/Sales Surpr.7.39% -14.05%

Ownership

Insider Own0.00%
Insider Trans-
Inst Own6.15%
Inst Trans-14.18%
ROA3.65%
ROE10.33%
ROIC4.68%
Gross Margin32.38%
Oper. Margin29.76%
Profit Margin21.30%
SMA200.78%
SMA505.42%
SMA200-0.22%
Trades-

Technical

Shs Outstand1.01B
Shs Float1.01B
Short Float0.13%
Short Ratio1.38
Short Interest1.27M
52W High94.64 -12.02%
52W Low73.37 13.48%
Volatility1.46% 1.24%
ATR (14)1.50
RSI (14)55.71
Beta0.68
Rel Volume0.84
Avg Volume924.88K
Volume775,391

Performance

Perf Week-2.30%
Perf Month6.43%
Perf Quarter2.54%
Perf Half Y-4.28%
Perf YTD7.64%
Perf Year7.70%
Perf 3Y45.31%
Perf 5Y36.38%
Perf 10Y45.93%
Recom2.28
Target Price91.21
Prev Close83.62
Price83.26
Change %-0.43%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jun 08, 2026DowngradeDDeutsche BankBuy → Hold
Mar 23, 2026DowngradeGGoldmanBuy → Neutral
Mar 18, 2026DowngradeJJefferiesBuy → Hold
Mar 16, 2026DowngradeUUBSNeutral → Sell
Dec 12, 2025InitiatedMMorgan StanleyOverweight$85.50+2.7%
Nov 24, 2025DowngradeBBNP Paribas ExaneOutperform → Underperform
May 29, 2025InitiatedBBNP Paribas ExaneOutperform$80.40-3.4%
May 28, 2025DowngradeRRBC Capital MktsOutperform → Sector Perform
May 06, 2025DowngradeCCitigroupBuy → Neutral
Apr 29, 2025DowngradeUUBSBuy → Neutral

Peers

Mkt cap
TickerCompanyMkt cap
EDConsolidated Edison Inc44.24B
AEPAmerican Electric Power Company Inc70.36B
EXCExelon Corp47.20B
ESEversource Energy26.57B
DUKDuke Energy Corp100.40B
SOSouthern Company107.95B
DDominion Energy Inc59.86B
XELXcel Energy Inc52.06B
NEENextEra Energy Inc180.35B
WECWEC Energy Group Inc38.65B

Held by

AUM
TickerCompanyAUM
AVDEAvantis International Equity ETFAUM: 19.73B
BDYNiShares Dynamic Equity Active ETFAUM: 3.07B
ZAPGlobal X U.S. Electrification ETFAUM: 435.01M
DFICDimensional International Core Equity 2 ETFAUM: 15.45B
BINVBrandes International ETFAUM: 579.41M
APIEActivePassive International Equity ETFAUM: 1.13B
BUSABrandes U.S. Value ETFAUM: 419.48M
DFAXDimensional World ex U.S. Core Equity 2 ETFAUM: 12.02B
PAYRFederated Hermes Enhanced Income ETFAUM: 96.90M
DFSIDimensional International Sustainability Core 1 ETFAUM: 1.19B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026S12026-11-052.4602.2901.8138,72710,1544
2025S22026-05-143.2553.2433.52914,34116,3611
2025S12025-11-061.9521.8450.8367,59911,2155
2024S22025-05-153.0582.8172.92514,08416,3381
2024S12024-11-071.8261.7710.91110,53311,6773
2023S22024-05-232.7012.6401.80014,39814,0741
2023S12023-11-091.4621.4281.76310,43011,1023
2022S22023-05-182.3142.0439.75616,02411,8911
2022Q22022-11-101.7231.712---1
2026S2--3.827--14,9082

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY3.6133.6702.10618,09218,949
2020FY3.2633.7132.78020,92320,398
2021FY4.4094.0714.08523,04520,665
2022FY4.3244.29311.73426,87322,671
2023FY4.9074.2983.56425,41425,688
2024FY3.6794.7333.91424,40727,464
2025FY5.2595.2524.39623,85026,238
2026FY-6.099--26,960
2027FY-6.633--29,544
2028FY-7.297--32,166
2029FY-7.856--35,936
2030FY-8.083--40,499

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026S2S2026-11-0510114,90814,90814,908
2026S2S2026-10-0510115,26615,26615,266
2026S2S2026-05-2510015,46015,46015,460
2026S2R2026-11-051103.903.903.90
2026S2R2026-10-151003.353.353.35
2026S2E2026-11-052203.833.763.90
2026S2E2026-10-152013.473.353.60
2026S2E2026-10-051013.603.603.60
2026S2E2026-05-251003.763.763.76
2026S1S2026-10-0510110,15410,15410,154
2026S1S2026-05-2510010,28310,28310,283
2026S1R2026-10-151001.991.991.99
2026S1E2026-11-053102.271.992.46
2026S1E2026-10-154102.291.992.46

Estimate history

EPS, annual6.2152.682.1062.784.08511.7343.5643.9144.369
Period201720182019202020212022202320242025
EPS, quarterly
Period
Sales, annual20193.96319602.44918464.38917840.97725199.48526072.07824932.00323444.25523701.987
Period201720182019202020212022202320242025
Sales, quarterly
Period
Shares, annual729.996742.124763.395772.255793.171799.982809.505979.524994.594
Period201720182019202020212022202320242025
Shares, quarterly
Period

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue24,957.6123,701.9923,444.2524,932.0026,072.0825,199.4817,840.9818,464.3919,602.45
Cost of Goods Sold Incl. D&A16,876.6310,629.519,494.818,774.569,924.949,605.017,324.407,604.188,928.94
Gross Profit8,080.9813,072.4813,949.4516,157.4516,147.1415,594.4810,516.5810,860.2110,673.51
Selling, General and Administrative Excl. Other-3,875.516,232.927,675.5410,700.168,710.345,980.945,235.814,788.71
Research and Development-50.9254.8540.1927.6915.0215.6717.7824.94
Other Operating Expense654.502,589.031,788.491,591.381,567.291,641.811,442.681,512.451,454.46
Operating Income7,426.486,607.935,928.046,890.533,879.695,242.323,092.964,111.954,430.34
Interest Expense1,686.181,738.081,779.561,688.091,711.741,400.05946.561,244.501,216.87
Unusual Expense-314.3580.4017.861,251.00405.66-143.42-37.86801.31907.07
Net Income Before Taxes6,646.585,502.374,563.073,781.884,115.634,574.402,096.792,116.932,364.16
Income Taxes1,496.901,258.331,047.321,043.751,054.491,718.30470.01609.55445.00
Consolidated Net Income5,318.754,345.883,608.872,784.603,266.982,981.761,702.501,617.861,971.67
Net Income From Continuing Operations5,316.074,343.203,605.042,783.343,266.982,980.391,701.191,616.591,967.73
Net Income5,316.074,343.203,701.992,876.299,385.663,213.962,141.181,593.731,983.48
EPS (Recurring)5.084.433.934.6512.093.962.752.853.54
EPS (Basic, Before Extraordinaries)5.344.393.933.5811.794.102.792.122.69
EPS (Diluted)5.334.373.913.5611.734.082.782.112.68
EBITDA10,609.859,770.528,853.159,599.766,366.657,837.535,127.086,283.486,795.81
Non-Operating Income (Expense)591.93712.92432.45-169.562,353.34588.70-87.4750.8057.76
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense53.2945.2335.4034.8544.8542.0424.3219.5428.71
Price To Earnings Ratio15.6015.6024.085.895.8019.0621.0027.619.11
Price To Sales Ratio3.053.552.652.212.092.402.562.392.11
Gross Margin32.3855.1559.5064.8161.9361.8858.9558.8254.45
Operating Margin29.7627.8825.2927.6414.8820.8017.3422.2722.60
Net Margin21.3018.3215.7911.5436.0012.7512.008.6310.12
Shares Outstanding1,005.37994.59979.52809.51799.98793.17772.25763.40742.12
Market Capitalization83,708.7783,708.7764,196.2450,751.8649,991.8256,037.1542,050.6840,885.5038,084.11

Income statement, quarterly

Currency USD, millions
Metric2026S12025S22025S12024S22024S12023S22023S12022S2
Total Revenue10,740.6314,216.979,478.9713,235.0610,195.9414,240.7910,680.2814,580.03
Cost of Goods Sold Incl. D&A7,903.698,972.947,312.158,718.358,646.259,778.408,302.4112,948.35
Gross Profit2,836.955,244.032,166.814,516.721,549.694,462.392,377.871,631.67
Other Operating Expense0.00654.500.000.000.000.00-15.100.00
Operating Income2,836.954,589.532,166.814,516.721,549.694,462.392,392.971,431.15
Interest Expense1,049.08637.101,101.52708.951,071.98701.95986.38791.37
Unusual Expense-322.388.0372.45128.32-111.421,355.01-137.14170.69
Net Income Before Taxes2,204.274,442.301,055.903,748.05803.022,144.701,635.572,265.48
Income Taxes518.49978.40279.07900.80143.44656.82386.25512.06
Consolidated Net Income1,805.333,513.42829.162,867.58732.581,445.261,338.651,896.66
Net Income From Continuing Operations1,803.993,512.08827.822,865.03731.301,445.261,337.391,896.66
Net Income1,803.993,512.08827.822,865.03828.641,456.541,419.177,807.45
EPS (Recurring)1.573.530.893.020.832.971.649.91
EPS (Basic, Before Extraordinaries)1.813.530.842.920.921.811.779.80
EPS (Diluted)1.803.530.842.920.911.801.769.76
EBITDA4,487.806,122.053,645.345,935.892,904.715,766.013,677.522,686.83
Non-Operating Income (Expense)94.03497.9063.0668.61213.88-260.7291.841,796.39
Stock Option Compensation Expense25.1928.1117.1120.0115.3716.9217.9325.14
Price To Earnings Ratio15.6022.4718.9224.0819.455.895.175.80
Price To Sales Ratio3.053.553.172.742.592.211.932.09
Gross Margin26.4136.8922.8634.1315.2031.3422.2611.19
Operating Margin26.4132.2822.8634.1315.2031.3422.419.82
Net Margin16.8024.708.7321.658.1310.2313.2953.55
Shares Outstanding1,005.37994.59992.26979.52975.80809.51747.27799.98
Market Capitalization83,708.7784,114.5772,107.8264,196.2468,079.7150,751.8644,721.1749,991.82

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments3,729.288,946.195,378.923,422.494,409.463,447.872,567.942,036.673,693.57
Short Term Receivables4,677.434,857.093,841.544,307.794,466.083,585.843,323.074,836.924,310.80
Inventories737.15718.951,045.971,083.13672.81605.69680.73482.13478.35
Other Current Assets726.603,976.802,844.842,519.8914,102.646,072.06621.212,998.32889.38
Total Current Assets9,870.4718,499.0313,111.2711,333.3023,650.9813,711.467,192.9510,354.049,372.11
Net Property, Plant & Equipment107,500.4295,632.9687,046.7779,668.1875,749.5164,905.2361,702.3957,220.8355,905.79
Total Investments and Advances2,754.762,291.083,314.773,010.763,124.412,985.673,455.743,023.086,152.68
Long-Term Note Receivable383.74385.93578.57613.28391.05389.08334.7936.4950.50
Intangible Assets17,533.4416,903.6616,624.3716,631.4916,858.398,320.978,688.339,060.118,897.96
Other Assets4,747.324,064.573,533.313,358.205,123.092,425.512,396.822,349.402,087.37
Total Assets142,790.15137,777.24124,209.06114,615.21124,897.4292,737.9283,771.0282,043.9482,466.40
Short Term Debt Incl. Current Port. of LT Debt5,142.936,017.486,138.133,653.7115,959.115,155.945,049.085,827.246,238.25
Accounts Payable4,449.293,827.073,519.414,017.234,098.732,987.052,734.093,132.532,773.34
Income Tax Payable59.34282.67277.92291.8042.13103.48106.64209.79172.54
Other Current Liabilities3,267.743,581.834,451.693,326.0512,513.444,678.562,729.132,725.983,016.02
Total Current Liabilities12,919.3013,709.0614,387.1511,288.7932,613.4212,925.0310,618.9311,895.5412,200.15
Long Term Debt56,512.8955,343.4953,325.5749,495.0943,902.3837,918.3033,133.9431,609.3931,111.30
Provision for Risks Charges3,555.224,214.304,300.103,768.704,093.464,137.726,333.664,779.594,841.06
Deferred Tax Liabilities11,921.0510,375.059,498.388,878.958,907.146,643.265,512.825,166.595,100.58
Other Liabilities6,017.235,311.444,936.784,631.743,971.023,712.773,629.333,354.052,773.34
Total Liabilities90,925.6888,953.3386,447.9978,063.2793,487.4265,337.0759,228.6956,805.1656,026.43
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity51,823.5948,794.2237,729.4936,522.2631,379.7227,371.8724,515.0525,212.7126,417.53
Total Shareholders Equity51,823.5948,794.2237,729.4936,522.2631,379.7227,371.8724,515.0525,212.7126,417.53
Accumulated Minority Interest40.8829.6931.5829.6730.2828.9727.2826.0622.44
Total Equity51,864.4748,823.9137,761.0736,551.9331,410.0027,400.8424,542.3325,238.7826,439.97
Total Liabilities & Stockholders Equity142,790.15137,777.24124,209.06114,615.21124,897.4292,737.9283,771.0282,043.9482,466.40
Book Value Per Share52.1149.8146.6145.6539.5635.4432.1133.9736.19
Tangible Book Value Per Share34.4832.5626.0724.8618.3124.6720.7321.7724.00
Full-Time Employees33,02631,65431,42529,45029,29221,49423,06922,57623,023
Price to Book Ratio1.581.331.421.491.941.671.831.641.85
Return on Assets3.102.752.332.732.741.931.952.395.53
Return on Equity8.638.337.509.6210.156.566.507.6218.11
Return on Invested Capital4.013.553.1610.914.273.282.763.498.17
Quick Ratio0.711.300.840.910.701.010.610.830.73
Current Ratio0.761.350.911.000.731.060.680.870.77

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income8,390.437,277.976,294.155,620.695,873.115,970.353,134.743,530.333,767.43
Depreciation3,179.813,011.162,774.582,588.662,388.252,499.601,938.812,082.642,084.56
Other Funds (Non Cash)-3,346.18-2,901.27-2,300.03-1,068.87-2,030.73-755.34-450.43-1,276.25-1,257.56
Funds from Operations8,224.067,387.866,768.707,140.486,230.627,714.604,623.124,336.724,594.43
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital705.88964.8651.03-61.54658.45-304.60343.37500.3452.51
Cash from Operating Activities8,929.948,352.726,819.737,078.936,889.087,410.014,966.494,837.064,646.93
Capital Expenditures-15,832.46-14,171.34-11,871.38-9,361.12-8,296.26-7,572.55-6,016.19-6,222.52-5,173.32
Net Assets From Acquisitions0.000.000.000.000.00-10,704.560.000.000.00
Sale of Fixed Assets and Businesses1,992.653,855.411,644.3465.31104.7335.519.142,581.7149.88
Purchase or Sale of Investments-931.594,276.19-3,876.76-1,823.74197.42-861.88-754.63-328.90757.42
Purchase of Investments-2,128.47-215.75-3,985.19-1,951.86-647.62-1,719.67-840.80-417.80-345.24
Sale Or Maturity of Investments1,196.884,491.95108.43128.11845.03857.7986.1788.891,102.66
Other Uses-8.03-8.04-7.65-23.86-1,137.55-337.38-336.84-356.840.00
Other Sources17.4026.8042.101,317.579,113.6123.22293.7681.27204.78
Cash from Investing Activities-14,762.03-6,020.98-14,069.36-9,825.85-18.06-19,417.63-6,804.77-4,245.29-4,161.24
Cash Dividends Paid-2,302.65-2,174.95-1,950.50-2,157.84-1,934.43-1,259.36-1,844.81-1,132.75-1,522.72
Change in Capital Stock29.4252.268,738.3420.1020.4640.9818.2812.7019.69
Repurchase of Common Pref Stock0.000.000.000.000.00-4.10-2.61-7.62-2.63
Sale of Common Pref Stock29.4252.268,738.3420.1020.4645.0720.8920.3222.32
Proceedsfrom Stock Options29.4252.268,738.3420.1020.4645.0720.8920.3222.32
Issuance or Reduction of Debt, Net8,087.94-1,358.841,659.655,534.03-4,650.1015,127.303,756.20687.021,264.12
Change in Long Term Debt0.000.000.000.000.000.000.000.00-
Issuance of Long Term Debt0.000.000.000.000.000.000.000.00-
Reduction of Long Term Debt0.000.000.000.000.000.000.000.00-
Net Financing Active Other Cash Flow42.7773.70-56.1335.17-162.51-1,699.18172.34-237.47-351.80
Other Financing Activities Uses-85.85-50.92-135.22-72.85-391.22-1,726.50-238.92-316.21-351.80
Cash from Financing Activities4,848.86-3,602.138,225.523,283.24-6,913.1512,049.971,962.31-824.17-590.71
Exchange Rate Effect5.40-10.72-29.34-1.268.436.83-9.145.083.94
Net Change in Cash-977.83-1,281.12946.55535.06-33.7149.17114.89-227.31-101.08
Free Cash Flow-6,066.74-5,033.34-4,380.65-1,592.63-724.66446.65-528.77-982.90-124.71
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Deferred Taxes & Investment Tax Credit-0.000.000.000.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026S12025S22025S12024S22024S12023S2
Cash & Short Term Investments4,414.443,729.285,464.438,946.199,744.915,378.92
Short Term Receivables3,952.144,677.433,824.704,857.093,594.823,841.54
Inventories980.40737.15862.95718.95857.121,045.97
Other Current Assets215.21726.601,865.903,976.805,199.072,844.84
Total Current Assets9,562.189,870.4712,017.9718,499.0319,395.9213,111.27
Net Property, Plant & Equipment115,132.78107,500.42102,779.4695,632.9692,814.7187,046.77
Total Investments and Advances4,167.352,754.762,901.172,291.082,828.913,314.77
Intangible Assets17,773.3317,533.4417,517.4016,903.6617,115.6316,624.37
Other Assets5,368.274,747.324,470.904,064.574,464.013,533.31
Total Assets152,003.91142,790.15139,686.90137,777.24136,619.18124,209.06
Short Term Debt Incl. Current Port. of LT Debt7,271.945,142.934,878.816,017.483,625.676,138.13
Accounts Payable6,785.726,658.125,740.415,772.235,323.825,149.01
Income Tax Payable63.7759.34251.75282.67242.78277.92
Other Current Liabilities1,369.631,058.921,494.341,636.672,861.102,822.10
Total Current Liabilities15,491.0612,919.3012,365.3113,709.0612,053.3714,387.15
Long Term Debt60,773.9356,512.8956,932.9155,343.4956,971.1653,325.57
Deferred Tax Liabilities12,580.4211,921.0510,923.4710,375.059,868.319,498.38
Other Liabilities6,732.586,017.235,337.885,311.445,233.954,936.78
Total Liabilities99,111.6790,925.6889,582.1788,953.3388,510.3286,447.99
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity52,844.4151,823.5950,067.0448,794.2248,075.3337,729.49
Total Shareholders Equity52,844.4151,823.5950,067.0448,794.2248,075.3337,729.49
Accumulated Minority Interest47.8240.8837.7029.6933.5331.58
Total Equity52,892.2451,864.4750,104.7348,823.9148,108.8637,761.07
Total Liabilities & Stockholders Equity152,003.91142,790.15139,686.90137,777.24136,619.18124,209.06
Book Value Per Share52.5652.1150.4649.8149.2746.61
Tangible Book Value Per Share34.8834.4832.8032.5631.7326.07
Price to Book Ratio1.581.681.461.331.491.42
Return on Assets3.653.092.672.751.732.33
Return on Equity10.338.637.538.315.187.50
Return on Invested Capital1.593.240.772.750.791.60
Quick Ratio0.550.710.901.301.540.84
Current Ratio0.620.760.971.351.610.91

Cash flow, quarterly

Currency USD, millions
Metric2026S12025S22025S12024S22024S12023S2
Net Income3,168.735,221.702,047.404,592.291,676.483,111.93
Depreciation1,650.861,528.961,478.531,408.371,355.021,298.87
Other Funds (Non Cash)-1,425.19-1,920.99-976.74-1,053.57-1,237.196.47
Funds from Operations3,394.394,829.662,549.194,947.101,794.314,417.28
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital979.23-273.351,237.03-515.26566.09-211.14
Cash from Operating Activities4,373.624,556.313,786.224,431.832,360.404,206.14
Capital Expenditures-7,989.65-7,842.81-6,311.26-6,408.56-5,414.95-4,965.15
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses142.381,850.262,000.441,624.9012.8142.53
Purchase or Sale of Investments-1,895.33963.743,307.24125.81-3,986.93-2,778.75
Purchase of Investments-2,075.32-53.15-162.3460.08-4,029.20-1,711.38
Sale Or Maturity of Investments180.001,016.893,469.5865.7342.26-1,067.37
Other Uses0.00-8.030.000.06-7.68-18.78
Other Sources17.46-0.0626.83-864.83906.761,185.31
Cash from Investing Activities-9,725.13-5,036.90-976.74-5,522.62-8,490.00-6,534.83
Cash Dividends Paid-1,329.82-972.84-1,199.46-903.96-1,038.68-486.45
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock26.872.5649.648,690.2912.81-3.85
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock26.872.5649.648,690.2912.81-3.85
Proceedsfrom Stock Options26.872.5649.648,690.2912.81-3.85
Issuance or Reduction of Debt, Net6,622.23664.73-2,021.912,398.34-745.393,321.10
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow10.7532.0241.59-9,073.579,017.6625.03
Other Financing Activities Uses-88.652.81-53.67-92.41-42.262.79
Cash from Financing Activities5,214.50-365.64-3,232.111,042.007,150.352,784.67
Exchange Rate Effect6.72-1.32-9.3954.03-83.25-2.51
Net Change in Cash-130.30-847.53-432.025.23937.50453.46
Free Cash Flow-3,215.74-2,851.00-2,176.20-1,619.65-2,743.34-409.29

Revenue breakdown

Country of domicile2024: 8.56B 2025: 7.33B
United States2024: 14.89B 2025: 16.37B
National Grid Ventures2024: 1.72B 2025: 1.42B
New England2024: 5.49B 2025: 5.59B
New York2024: 8.53B 2025: 10.21B
Other Segments2024: 147.99M 2025: 120.63M
UK Electricity Distribution2024: 3.09B 2025: 2.60B
UK Electricity System Operator2024: 1.29B
UK Electricity Transmission2024: 3.17B 2025: 3.77B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.13%1.3M1005.4M855.68K
2026-10-150.11%1.1M1005.4M842.08K
2026-09-300.11%1.1M1005.4M845.42K
2026-09-150.14%1.4M1005.4M921.76K
2026-08-310.12%1.2M1005.4M912.60K
2026-08-140.12%1.2M1005.4M1.10M
2026-07-310.07%0.8M1005.3M1.26M
2026-07-15-0.8M-1.29M
2026-06-300.15%1.5M995.1M1.28M
2026-06-150.13%1.3M995.1M1.27M
2026-05-290.23%2.3M995.1M1.32M
2026-05-150.15%1.5M995.1M1.32M
2026-04-300.10%1.0M995.1M1.17M
2026-04-150.10%1.0M994.7M1.15M
2026-03-310.10%1.0M994.7M1.14M
2026-03-130.17%1.7M994.3M962.41K
2026-02-270.20%2.0M994.3M835.65K
2026-02-130.24%2.3M994.3M753.27K
2026-01-300.20%2.0M994.3M649.68K
2026-01-150.18%1.8M993.7M630.89K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call40.0041.4044.5041.203.5152.000.000.993-0.0180.002
call45.0036.4038.7040.612.4103.000.000.993-0.0180.002
call50.0031.3034.7035.612.7093.000.000.991-0.0180.003
call55.0026.7029.4030.612.1551420.000.990-0.0180.003
call60.0021.7024.4017.131.79514.000.000.974-0.0470.008
call65.0016.9019.2019.351.37416.000.000.967-0.0440.009
call70.0011.8014.308.401.09866.000.000.871-0.1620.027
call75.007.409.109.530.7243230.000.828-0.1400.033
call80.002.604.003.910.3861,1120.000.676-0.1640.046
call85.000.350.550.400.2351,6061.000.355-0.0910.048
call90.000.000.900.050.49755910.000.185-0.1040.035
call95.000.000.100.200.4242230.000.025-0.0180.007
call1000.000.750.110.6238.000.000.033-0.0330.009
call1050.000.751.530.7564.000.000.028-0.0350.008
call1100.000.750.960.8782.000.000.024-0.0370.007
call1150.000.750.460.9023.000.000.013-0.0220.004
call1200.000.750.251.00220.000.000.012-0.0220.004
call1250.000.750.001.2020.000.000.019-0.0400.006
call1300.000.750.001.2950.000.000.018-0.0410.006
put40.000.000.050.001.9370.000.00-0.006-0.0220.002
put45.000.002.150.111.6821.000.00-0.007-0.0230.002
put50.000.002.150.151.4182.000.00-0.008-0.0220.003
put55.000.000.050.101.12753.000.00-0.009-0.0190.003
put60.000.000.950.201.1304.000.00-0.025-0.0490.008
put65.000.002.150.300.89153.000.00-0.032-0.0460.009
put70.000.001.350.201.06110.000.00-0.128-0.1630.027
put75.000.000.950.600.7563700.00-0.171-0.1410.033
put80.000.002.300.600.7321,1780.00-0.323-0.1650.046
put85.002.903.502.450.4871000.00-0.644-0.0910.048
put90.007.308.807.600.87326.000.00-0.814-0.1030.035
put95.0011.9014.3015.801.25410.000.00-0.974-0.0170.007
put10016.9019.2016.101.4663680.00-0.966-0.0310.009
put10521.7024.4020.701.7280.000.00-0.983-0.0180.005
put11026.6029.3030.601.8944.000.00-0.975-0.0340.007
put11531.5034.7032.502.1793.000.00-0.977-0.0350.007
put12036.5039.7037.502.3464.000.00-0.979-0.0350.006
put12541.5044.7043.902.5022.000.00-0.980-0.0360.006
put13046.5049.7050.402.6480.000.00-0.981-0.0360.006

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-05SEC
2026-11-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-10-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-30SEC
2026-10-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-05SEC
2026-09-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-08-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-28SEC
2026-08-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-03SEC
2026-07-316-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-31SEC
2026-07-236-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-23SEC
2026-07-226-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-22SEC
2026-07-146-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-14SEC
2026-07-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-01SEC
2026-06-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-06-1611-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-128-A12BSEC
2026-06-12CERTSEC
2026-06-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-09SEC
2026-06-05424B5SEC
2026-06-046-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-04SEC
2026-06-04FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-06-04424B5SEC
2026-06-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-03SEC
2026-06-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-03SEC
2026-06-0320-FRegistration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.2026-03-31SEC
2026-05-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-29SEC
2026-05-146-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-14SEC
2026-04-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-30SEC
2026-04-136-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-04-13SEC
2026-03-316-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-31SEC
2026-03-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-03-02SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BANK OF AMERICA CORP /DE/0.48%
JPMORGAN CHASE & CO0.37%
MORGAN STANLEY0.36%
FMR LLC0.34%
NATIXIS ADVISORS, LLC0.25%
FEDERATED HERMES, INC.0.24%
JONES FINANCIAL COMPANIES LLLP0.23%
GOLDMAN SACHS GROUP INC0.22%
ROYAL BANK OF CANADA0.22%
ENVESTNET ASSET MANAGEMENT INC0.21%

Funds

Fund% owned
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND3.03%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND2.55%
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND2.54%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND2.43%
JPMorgan Core Bond Fund2.16%
EQ/Intermediate Corporate Bond Portfolio1.27%
Baird Aggregate Bond Fund1.25%
VANGUARD ULTRA-SHORT BOND ETF1.11%
VANGUARD TOTAL BOND MARKET INDEX FUND0.83%
Columbia Select Corporate Income Fund0.80%

OakChart. NGG. Cached 15 minutes.

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