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About the company

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes electricity distribution networks of NGED in the East Midlands, West Midlands and South West of England and South Wales. The New England segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New England. The New York segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New York.

  • Revenue in USD (TTM)23.82bn
  • Net income in USD3.91bn
  • Incorporated2000
  • Employees31.65k
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Entergy Corp12.95bn1.76bn47.53bn12.00k26.862.8111.063.673.913.9128.7938.100.18943.7218.861,078,891.002.592.412.892.6947.48--13.7011.860.50683.150.642263.068.985.0666.574.849.025.47
Xcel Energy Inc14.67bn2.02bn48.26bn11.38k23.84--9.513.293.423.4224.89------------------47.76--13.7612.75--2.17----9.144.944.246.50--6.11
Exelon Corp24.26bn2.77bn49.59bn20.57k17.721.727.742.042.742.7423.9628.150.216316.098.041,179,233.002.472.002.712.2442.93--11.4110.590.842.430.634967.025.347.8012.5220.101.171.15
Dominion Energy Inc15.81bn2.27bn56.79bn14.70k25.002.1311.613.592.662.6818.5932.430.14964.466.951,075,714.002.261.552.561.7946.93--15.1111.590.65034.210.6048150.150.45860.0804-10.8924.2319.62-6.16
Vistra Corp17.19bn960.00m58.11bn6.85k62.2621.2414.443.382.752.7549.8615.380.45311.797.302,509,635.003.161.614.242.0923.77--6.993.540.87952.220.782183.3116.547.8483.6921.6026.1311.80
Sempra13.71bn2.11bn61.86bn16.77k29.191.9917.474.513.253.2521.0847.770.136713.497.59817,444.701.011.601.301.90----7.399.011.562.600.455163.94-21.144.04-7.0310.7314.525.70
American Electric Power Company Inc21.88bn3.58bn70.28bn17.58k19.502.2510.083.216.666.6640.7057.640.20116.889.311,244,298.003.312.813.783.2446.23--16.4313.860.33272.770.602264.9110.937.9620.6610.716.335.77
Constellation Energy Corp24.84bn2.74bn90.07bn14.22k33.066.2720.533.638.728.7279.1145.990.468.7211.351,747,520.005.082.325.822.7744.9539.5311.055.161.345.550.380817.78-5.424.49130.9927.226.81--
National Grid Plc23.82bn3.91bn93.00bn31.65k23.271.8113.403.903.963.9624.1051.070.17--1.77752,492.102.802.553.072.99----16.4512.250.90215.030.552381.83-7.424.8027.5317.2913.69--
Duke Energy Corp32.24bn4.91bn99.74bn26.41k20.301.968.073.096.326.3241.4666.630.16883.477.72--2.652.422.992.7151.18--15.7314.830.33472.390.628973.966.196.6511.8230.92--2.01
Southern Co28.91bn4.46bn104.55bn28.60k23.582.9910.383.624.034.0326.1431.790.19464.4312.301,010,909.002.892.583.292.9746.70--14.8613.590.56032.540.653983.335.834.5310.69-1.473.463.20
Data as of Feb 17 2026. Currency figures normalised to National Grid PLC's reporting currency: US Dollar USD

Institutional shareholders

2.65%Per cent of shares held by top holders
HolderShares% Held
Strategic Advisers LLCas of 30 Sep 20256.00m0.60%
Managed Account Advisors LLCas of 30 Sep 20253.42m0.34%
Federated Investment Management Co.as of 31 Dec 20253.16m0.32%
Standard Investments LLCas of 30 Sep 20252.48m0.25%
Renaissance Technologies LLCas of 31 Dec 20252.42m0.24%
Natixis Advisors LLCas of 31 Dec 20252.19m0.22%
Envestnet Asset Management, Inc.as of 31 Dec 20251.82m0.18%
JPMorgan Securities LLC (Investment Management)as of 31 Dec 20251.75m0.18%
Goldman Sachs Asset Management LPas of 31 Dec 20251.57m0.16%
Parametric Portfolio Associates LLCas of 31 Dec 20251.56m0.16%
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Data from 30 Sep 2025 - 31 Dec 2025Source: FactSet Research Systems Inc.
Data Provided by LSEG
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